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ALTA EQUIPMENT GROUP INC (ALTG) Stock Fundamental Analysis

NYSE:ALTG - New York Stock Exchange, Inc. - US02128L1061 - Common Stock - Currency: USD

8.6  +1.19 (+16.06%)

After market: 8.5 -0.1 (-1.16%)

Fundamental Rating

2

Overall ALTG gets a fundamental rating of 2 out of 10. We evaluated ALTG against 47 industry peers in the Trading Companies & Distributors industry. ALTG may be in some trouble as it scores bad on both profitability and health. ALTG is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

ALTG had negative earnings in the past year.
ALTG had a positive operating cash flow in the past year.
In multiple years ALTG reported negative net income over the last 5 years.
ALTG had a positive operating cash flow in 4 of the past 5 years.
ALTG Yearly Net Income VS EBIT VS OCF VS FCFALTG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

1.2 Ratios

ALTG's Return On Assets of -4.93% is on the low side compared to the rest of the industry. ALTG is outperformed by 89.36% of its industry peers.
ALTG has a Return On Equity of -132.32%. This is amonst the worse of the industry: ALTG underperforms 95.74% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.25%, ALTG is doing worse than 74.47% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for ALTG is significantly below the industry average of 9.66%.
Industry RankSector Rank
ROA -4.93%
ROE -132.32%
ROIC 1.25%
ROA(3y)-1.18%
ROA(5y)-1.83%
ROE(3y)-25.15%
ROE(5y)-21.62%
ROIC(3y)2.46%
ROIC(5y)N/A
ALTG Yearly ROA, ROE, ROICALTG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40 -60 -80

1.3 Margins

With a Operating Margin value of 1.09%, ALTG is not doing good in the industry: 74.47% of the companies in the same industry are doing better.
ALTG's Operating Margin has declined in the last couple of years.
ALTG's Gross Margin of 26.27% is on the low side compared to the rest of the industry. ALTG is outperformed by 63.83% of its industry peers.
In the last couple of years the Gross Margin of ALTG has remained more or less at the same level.
Industry RankSector Rank
OM 1.09%
PM (TTM) N/A
GM 26.27%
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
ALTG Yearly Profit, Operating, Gross MarginsALTG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20

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1

2. Health

2.1 Basic Checks

ALTG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
ALTG Yearly Shares OutstandingALTG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
ALTG Yearly Total Debt VS Total AssetsALTG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.2 Solvency

Based on the Altman-Z score of 1.40, we must say that ALTG is in the distress zone and has some risk of bankruptcy.
ALTG has a Altman-Z score of 1.40. This is in the lower half of the industry: ALTG underperforms 76.60% of its industry peers.
ALTG has a Debt/Equity ratio of 19.68. This is a high value indicating a heavy dependency on external financing.
ALTG's Debt to Equity ratio of 19.68 is on the low side compared to the rest of the industry. ALTG is outperformed by 91.49% of its industry peers.
Industry RankSector Rank
Debt/Equity 19.68
Debt/FCF N/A
Altman-Z 1.4
ROIC/WACC0.16
WACC7.81%
ALTG Yearly LT Debt VS Equity VS FCFALTG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

ALTG has a Current Ratio of 1.36. This is a normal value and indicates that ALTG is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.36, ALTG is doing worse than 76.60% of the companies in the same industry.
A Quick Ratio of 0.42 indicates that ALTG may have some problems paying its short term obligations.
With a Quick ratio value of 0.42, ALTG is not doing good in the industry: 85.11% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.36
Quick Ratio 0.42
ALTG Yearly Current Assets VS Current LiabilitesALTG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

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3

3. Growth

3.1 Past

The earnings per share for ALTG have decreased strongly by -961.90% in the last year.
ALTG shows a decrease in Revenue. In the last year, the revenue decreased by -2.09%.
Measured over the past years, ALTG shows a quite strong growth in Revenue. The Revenue has been growing by 15.66% on average per year.
EPS 1Y (TTM)-961.9%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-71.05%
Revenue 1Y (TTM)-2.09%
Revenue growth 3Y15.66%
Revenue growth 5YN/A
Sales Q2Q%-4.21%

3.2 Future

The Earnings Per Share is expected to grow by 20.26% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 2.65% on average over the next years.
EPS Next Y25.06%
EPS Next 2Y20.67%
EPS Next 3Y21.58%
EPS Next 5Y20.26%
Revenue Next Year0.58%
Revenue Next 2Y1.82%
Revenue Next 3Y2.18%
Revenue Next 5Y2.65%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
ALTG Yearly Revenue VS EstimatesALTG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B 2B
ALTG Yearly EPS VS EstimatesALTG Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 0.5 -0.5 1 -1 -1.5

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1

4. Valuation

4.1 Price/Earnings Ratio

ALTG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year ALTG is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
ALTG Price Earnings VS Forward Price EarningsALTG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

95.74% of the companies in the same industry are more expensive than ALTG, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 6.25
ALTG Per share dataALTG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40 50

4.3 Compensation for Growth

ALTG's earnings are expected to grow with 21.58% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y20.67%
EPS Next 3Y21.58%

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4

5. Dividend

5.1 Amount

ALTG has a Yearly Dividend Yield of 9.80%, which is a nice return.
Compared to an average industry Dividend Yield of 2.02, ALTG pays a better dividend. On top of this ALTG pays more dividend than 100.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, ALTG pays a better dividend.
Industry RankSector Rank
Dividend Yield 9.8%

5.2 History

ALTG has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years2
ALTG Yearly Dividends per shareALTG Yearly Dividends per shareYearly Dividends per share 2022 2023 2024 2025 0.05 0.1 0.15 0.2

5.3 Sustainability

ALTG has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-14.57%
EPS Next 2Y20.67%
EPS Next 3Y21.58%
ALTG Yearly Income VS Free CF VS DividendALTG Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -20M -40M -60M -80M

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ALTA EQUIPMENT GROUP INC

NYSE:ALTG (7/8/2025, 8:04:34 PM)

After market: 8.5 -0.1 (-1.16%)

8.6

+1.19 (+16.06%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)05-07 2025-05-07/amc
Earnings (Next)08-05 2025-08-05/amc
Inst Owners54.78%
Inst Owner Change0%
Ins Owners20.42%
Ins Owner Change2.82%
Market Cap285.43M
Analysts78
Price Target10.67 (24.07%)
Short Float %8.11%
Short Ratio8.08
Dividend
Industry RankSector Rank
Dividend Yield 9.8%
Yearly Dividend0.34
Dividend Growth(5Y)N/A
DP-14.57%
Div Incr Years0
Div Non Decr Years2
Ex-Date05-15 2025-05-15 (0.057)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-8%
Min EPS beat(2)-13.64%
Max EPS beat(2)-2.37%
EPS beat(4)0
Avg EPS beat(4)-169.76%
Min EPS beat(4)-408.04%
Max EPS beat(4)-2.37%
EPS beat(8)1
Avg EPS beat(8)-72.09%
EPS beat(12)4
Avg EPS beat(12)41.72%
EPS beat(16)5
Avg EPS beat(16)-37.11%
Revenue beat(2)1
Avg Revenue beat(2)-2.16%
Min Revenue beat(2)-4.91%
Max Revenue beat(2)0.59%
Revenue beat(4)1
Avg Revenue beat(4)-4.49%
Min Revenue beat(4)-8.31%
Max Revenue beat(4)0.59%
Revenue beat(8)3
Avg Revenue beat(8)-1.36%
Revenue beat(12)7
Avg Revenue beat(12)1.12%
Revenue beat(16)11
Avg Revenue beat(16)2.62%
PT rev (1m)-8.37%
PT rev (3m)-8.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.59%
EPS NY rev (1m)7.49%
EPS NY rev (3m)-1.65%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.63%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.95%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.15
P/FCF N/A
P/OCF 5.55
P/B 5.1
P/tB N/A
EV/EBITDA 6.25
EPS(TTM)-2.23
EYN/A
EPS(NY)-1.07
Fwd EYN/A
FCF(TTM)-0.47
FCFYN/A
OCF(TTM)1.55
OCFY18.01%
SpS55.98
BVpS1.69
TBVpS-2.24
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -4.93%
ROE -132.32%
ROCE 2.21%
ROIC 1.25%
ROICexc 1.26%
ROICexgc 1.4%
OM 1.09%
PM (TTM) N/A
GM 26.27%
FCFM N/A
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
ROICexcg growth 3Y-12.75%
ROICexcg 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-Score4
Asset Turnover1.23
Health
Industry RankSector Rank
Debt/Equity 19.68
Debt/FCF N/A
Debt/EBITDA 6.75
Cap/Depr 46.96%
Cap/Sales 3.61%
Interest Coverage 0.27
Cash Conversion 31.5%
Profit Quality N/A
Current Ratio 1.36
Quick Ratio 0.42
Altman-Z 1.4
F-Score4
WACC7.81%
ROIC/WACC0.16
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)-961.9%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-71.05%
EPS Next Y25.06%
EPS Next 2Y20.67%
EPS Next 3Y21.58%
EPS Next 5Y20.26%
Revenue 1Y (TTM)-2.09%
Revenue growth 3Y15.66%
Revenue growth 5YN/A
Sales Q2Q%-4.21%
Revenue Next Year0.58%
Revenue Next 2Y1.82%
Revenue Next 3Y2.18%
Revenue Next 5Y2.65%
EBIT growth 1Y-50.97%
EBIT growth 3Y1.1%
EBIT growth 5YN/A
EBIT Next Year539.24%
EBIT Next 3Y94.31%
EBIT Next 5Y54.04%
FCF growth 1Y75.58%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y307.94%
OCF growth 3Y22.91%
OCF growth 5YN/A