Alfen NV: Riding Europe's Renewable Energy Rollercoaster

  • Alfen faces near-term revenue and margin headwinds, mainly from EV Charging, but Smart Grids and Energy Storage remain resilient and promising long-term. Recent contract wins and a robust backlog, especially in Energy Storage, provide strong revenue visibility and support optimism for 2026 and beyond. Valuation is compelling at current levels, with significant upside if growth and margins recover, especially compared to European clean energy peers.