In this report, Oxford Alpha Fund examined Vestas and the European clean industry using Visible Alpha’s proprietary consensus forecast data and standardized industry metrics as a primary source of information.
By leveraging our consensus estimates, Oxford Alpha Fund was able to see how the market understands the key metrics of the business. Oxford Alpha Fund also utilized our standardized industry metrics to perform relative analysis between wind turbine producers by separating out their business components (onshore, offshore and service), and for solar power companies, allowing them to use a blended mix of multiples that reflects Vestas’ exposures.