ALTA EQUIPMENT GROUP INC (ALTG) Stock Fundamental Analysis
USA - NYSE:ALTG - US02128L1061 - Common Stock
4.37 USD
-0.05 (-1.13%)
4.37 USD
0 (0%)
Overall ALTG gets a fundamental rating of 2 out of 10. We evaluated ALTG against 50 industry peers in the Trading Companies & Distributors industry. ALTG has a bad profitability rating. Also its financial health evaluation is rather negative. ALTG is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
ALTG had negative earnings in the past year.
In the past year ALTG had a positive cash flow from operations.
In multiple years ALTG reported negative net income over the last 5 years.
Of the past 5 years ALTG 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -4.76%, ALTG is doing worse than 82.00% of the companies in the same industry.
ALTG's Return On Equity of -155.58% is on the low side compared to the rest of the industry. ALTG is outperformed by 92.00% of its industry peers.
With a Return On Invested Capital value of 1.43%, ALTG is not doing good in the industry: 72.00% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for ALTG is significantly below the industry average of 9.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.76% | ||
| ROE | -155.58% | ||
| ROIC | 1.43% |
ROA(3y)-1.18%
ROA(5y)-1.83%
ROE(3y)-25.15%
ROE(5y)-21.62%
ROIC(3y)2.46%
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 1.21%, ALTG is doing worse than 72.00% of the companies in the same industry.
ALTG's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 25.84%, ALTG is not doing good in the industry: 62.00% of the companies in the same industry are doing better.
ALTG's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.21% | ||
| PM (TTM) | N/A | ||
| GM | 25.84% |
OM growth 3Y-12.59%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.49%
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ALTG is destroying value.
ALTG has less shares outstanding than it did 1 year ago.
ALTG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ALTG has a worse debt to assets ratio.
2.2 Solvency
ALTG has an Altman-Z score of 1.40. This is a bad value and indicates that ALTG is not financially healthy and even has some risk of bankruptcy.
ALTG has a worse Altman-Z score (1.40) than 68.00% of its industry peers.
ALTG has a debt to FCF ratio of 81.33. This is a negative value and a sign of low solvency as ALTG would need 81.33 years to pay back of all of its debts.
ALTG has a Debt to FCF ratio of 81.33. This is comparable to the rest of the industry: ALTG outperforms 48.00% of its industry peers.
A Debt/Equity ratio of 24.20 is on the high side and indicates that ALTG has dependencies on debt financing.
With a Debt to Equity ratio value of 24.20, ALTG is not doing good in the industry: 94.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 24.2 | ||
| Debt/FCF | 81.33 | ||
| Altman-Z | 1.4 |
ROIC/WACC0.21
WACC6.79%
2.3 Liquidity
ALTG has a Current Ratio of 1.39. This is a normal value and indicates that ALTG is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ALTG (1.39) is worse than 68.00% of its industry peers.
A Quick Ratio of 0.48 indicates that ALTG may have some problems paying its short term obligations.
ALTG has a Quick ratio of 0.48. This is amonst the worse of the industry: ALTG underperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
The earnings per share for ALTG have decreased strongly by -55.29% in the last year.
ALTG shows a decrease in Revenue. In the last year, the revenue decreased by -0.01%.
The Revenue has been growing by 15.66% on average over the past years. This is quite good.
EPS 1Y (TTM)-55.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-52.33%
Revenue 1Y (TTM)-0.01%
Revenue growth 3Y15.66%
Revenue growth 5YN/A
Sales Q2Q%-5.84%
3.2 Future
ALTG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.33% yearly.
ALTG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.92% yearly.
EPS Next Y24.8%
EPS Next 2Y20.64%
EPS Next 3Y20.75%
EPS Next 5Y21.33%
Revenue Next Year0%
Revenue Next 2Y1.62%
Revenue Next 3Y2.68%
Revenue Next 5Y2.92%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for ALTG. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for ALTG. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ALTG is valued cheaply inside the industry as 98.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, ALTG is valued cheaper than 86.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.61 | ||
| EV/EBITDA | 5.39 |
4.3 Compensation for Growth
A more expensive valuation may be justified as ALTG's earnings are expected to grow with 20.75% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y20.64%
EPS Next 3Y20.75%
5. Dividend
5.1 Amount
ALTG has a Yearly Dividend Yield of 4.69%, which is a nice return.
The stock price of ALTG dropped by -45.51% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 2.04, ALTG pays a better dividend. On top of this ALTG pays more dividend than 98.00% of the companies listed in the same industry.
ALTG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.69% |
5.2 History
ALTG has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
ALTG has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-15.81%
EPS Next 2Y20.64%
EPS Next 3Y20.75%
4.37
-0.05 (-1.13%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners54.27%
Inst Owner Change0.43%
Ins Owners21.22%
Ins Owner Change0.88%
Market Cap140.06M
Revenue(TTM)1.88B
Net Income(TTM)-68.30M
Analysts80
Price Target11.61 (165.68%)
Short Float %4.62%
Short Ratio4.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.69% |
Yearly Dividend0.34
Dividend Growth(5Y)N/A
DP-15.81%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-16.54%
Min EPS beat(2)-30.72%
Max EPS beat(2)-2.37%
EPS beat(4)0
Avg EPS beat(4)-75.43%
Min EPS beat(4)-255%
Max EPS beat(4)-2.37%
EPS beat(8)1
Avg EPS beat(8)-69.56%
EPS beat(12)3
Avg EPS beat(12)-56.7%
EPS beat(16)5
Avg EPS beat(16)6.62%
Revenue beat(2)0
Avg Revenue beat(2)-3.17%
Min Revenue beat(2)-4.91%
Max Revenue beat(2)-1.43%
Revenue beat(4)1
Avg Revenue beat(4)-3.52%
Min Revenue beat(4)-8.31%
Max Revenue beat(4)0.59%
Revenue beat(8)3
Avg Revenue beat(8)-1.47%
Revenue beat(12)6
Avg Revenue beat(12)-0.1%
Revenue beat(16)10
Avg Revenue beat(16)1.85%
PT rev (1m)0%
PT rev (3m)8.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.53%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.03%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.08 | ||
| P/FCF | 10.61 | ||
| P/OCF | 1.88 | ||
| P/B | 3.19 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.39 |
EPS(TTM)-2.64
EYN/A
EPS(NY)-1.07
Fwd EYN/A
FCF(TTM)0.41
FCFY9.42%
OCF(TTM)2.33
OCFY53.26%
SpS57.76
BVpS1.37
TBVpS-2.65
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.76% | ||
| ROE | -155.58% | ||
| ROCE | 2.48% | ||
| ROIC | 1.43% | ||
| ROICexc | 1.45% | ||
| ROICexgc | 1.62% | ||
| OM | 1.21% | ||
| PM (TTM) | N/A | ||
| GM | 25.84% | ||
| FCFM | 0.71% |
ROA(3y)-1.18%
ROA(5y)-1.83%
ROE(3y)-25.15%
ROE(5y)-21.62%
ROIC(3y)2.46%
ROIC(5y)N/A
ROICexc(3y)2.49%
ROICexc(5y)N/A
ROICexgc(3y)2.81%
ROICexgc(5y)N/A
ROCE(3y)4.28%
ROCE(5y)N/A
ROICexgc growth 3Y-12.75%
ROICexgc growth 5YN/A
ROICexc growth 3Y-12.74%
ROICexc growth 5YN/A
OM growth 3Y-12.59%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.49%
GM growth 5YN/A
F-Score5
Asset Turnover1.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 24.2 | ||
| Debt/FCF | 81.33 | ||
| Debt/EBITDA | 6.56 | ||
| Cap/Depr | 44.01% | ||
| Cap/Sales | 3.32% | ||
| Interest Coverage | 0.26 | ||
| Cash Conversion | 46.08% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.48 | ||
| Altman-Z | 1.4 |
F-Score5
WACC6.79%
ROIC/WACC0.21
Cap/Depr(3y)58.62%
Cap/Depr(5y)58.33%
Cap/Sales(3y)4.26%
Cap/Sales(5y)4.47%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-55.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-52.33%
EPS Next Y24.8%
EPS Next 2Y20.64%
EPS Next 3Y20.75%
EPS Next 5Y21.33%
Revenue 1Y (TTM)-0.01%
Revenue growth 3Y15.66%
Revenue growth 5YN/A
Sales Q2Q%-5.84%
Revenue Next Year0%
Revenue Next 2Y1.62%
Revenue Next 3Y2.68%
Revenue Next 5Y2.92%
EBIT growth 1Y-36.9%
EBIT growth 3Y1.1%
EBIT growth 5YN/A
EBIT Next Year534.55%
EBIT Next 3Y88.49%
EBIT Next 5Y54.05%
FCF growth 1Y114.41%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y766.07%
OCF growth 3Y22.91%
OCF growth 5YN/A
ALTA EQUIPMENT GROUP INC / ALTG FAQ
What is the fundamental rating for ALTG stock?
ChartMill assigns a fundamental rating of 2 / 10 to ALTG.
Can you provide the valuation status for ALTA EQUIPMENT GROUP INC?
ChartMill assigns a valuation rating of 3 / 10 to ALTA EQUIPMENT GROUP INC (ALTG). This can be considered as Overvalued.
What is the profitability of ALTG stock?
ALTA EQUIPMENT GROUP INC (ALTG) has a profitability rating of 1 / 10.
Can you provide the expected EPS growth for ALTG stock?
The Earnings per Share (EPS) of ALTA EQUIPMENT GROUP INC (ALTG) is expected to grow by 24.8% in the next year.