Financial Analysis: AltC Acquisition (NYSE:ALCC) versus Companhia Paranaense de Energia – COPEL (OTCMKTS:ELPVY)

Profitability

This table compares AltC Acquisition and Companhia Paranaense de Energia – COPEL’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
AltC Acquisition N/A -85.44% 2.50%
Companhia Paranaense de Energia – COPEL 18.43% 16.92% 7.73%

Risk & Volatility

AltC Acquisition has a beta of -0.06, indicating that its stock price is 106% less volatile than the S&P 500. Comparatively, Companhia Paranaense de Energia – COPEL has a beta of 0.42, indicating that its stock price is 58% less volatile than the S&P 500.

Institutional and Insider Ownership

85.0% of AltC Acquisition shares are owned by institutional investors. 21.8% of AltC Acquisition shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares AltC Acquisition and Companhia Paranaense de Energia – COPEL”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
AltC Acquisition N/A N/A $11.87 million N/A N/A
Companhia Paranaense de Energia – COPEL $3.95 billion 0.90 $504.25 million N/A N/A

Companhia Paranaense de Energia – COPEL has higher revenue and earnings than AltC Acquisition.

Summary

Companhia Paranaense de Energia – COPEL beats AltC Acquisition on 6 of the 8 factors compared between the two stocks.

About AltC Acquisition

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AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp. in February 2021. AltC Acquisition Corp. was incorporated in 2021 and is based in New York, New York.

About Companhia Paranaense de Energia – COPEL

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Companhia Paranaense de Energia – COPEL engages in the generation, transmission, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers primarily in the State of Paraná, Brazil. As of December 31, 2019, the company operated 19 hydroelectric plants, 25 wind plants, and one thermoelectric plant with a total installed capacity of 5,742.0 megawatts; and owned and operated 3,389 kilometers of transmission lines and 199,952.6 kilometers of distribution lines. It holds concessions to distribute electricity in 399 municipalities in the State of Paraná and in the municipality of Porto União in the State of Santa Catarina. The company also provides telecommunication services to corporate clients, including supermarkets, universities, banks, internet service providers, and television networks, as well as to retail clients; and broadband internet access to public elementary and middle schools. In addition, it supplies piped gas to 47,238 customers, including thermoelectric plants, cogeneration plants, gas stations, other businesses, and residences through a gas distribution network covering 833 kilometers in the State of Paraná. Companhia Paranaense de Energia Â- COPEL was founded in 1954 and is headquartered in Curitiba, Brazil.

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