ALTA EQUIPMENT GROUP INC (ALTG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ALTG - US02128L1061 - Common Stock
5.8 USD
-0.03 (-0.51%)
5.8 USD
0 (0%)
We assign a fundamental rating of 2 out of 10 to ALTG. ALTG was compared to 50 industry peers in the Trading Companies & Distributors industry. ALTG has a bad profitability rating. Also its financial health evaluation is rather negative. ALTG does not seem to be growing, but still is valued expensively.
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.
1.2 Ratios
Looking at the Return On Assets, with a value of -5.74%, ALTG is doing worse than 84.00% of the companies in the same industry.
ALTG's Return On Equity of -2834.48% is on the low side compared to the rest of the industry. ALTG is outperformed by 92.00% of its industry peers.
ALTG's Return On Invested Capital of 1.31% is on the low side compared to the rest of the industry. ALTG is outperformed by 72.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ALTG is significantly below the industry average of 9.63%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.74% | ||
| ROE | -2834.48% | ||
| ROIC | 1.31% |
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
ALTG's Operating Margin of 1.12% is on the low side compared to the rest of the industry. ALTG is outperformed by 72.00% of its industry peers.
ALTG's Operating Margin has declined in the last couple of years.
ALTG's Gross Margin of 25.84% is on the low side compared to the rest of the industry. ALTG is outperformed by 64.00% 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 Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.12% | ||
| 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.
Compared to 1 year ago, ALTG has less shares outstanding
ALTG has more shares outstanding than it did 5 years ago.
ALTG has a worse debt/assets ratio than last year.
2.2 Solvency
ALTG has an Altman-Z score of 1.37. This is a bad value and indicates that ALTG is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.37, ALTG is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
ALTG has a Debt/Equity ratio of 374.41. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 374.41, ALTG is not doing good in the industry: 92.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 374.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.37 |
ROIC/WACC0.18
WACC7.13%
2.3 Liquidity
ALTG has a Current Ratio of 1.42. This is a normal value and indicates that ALTG is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.42, ALTG is not doing good in the industry: 64.00% of the companies in the same industry are doing better.
ALTG has a Quick Ratio of 1.42. This is a bad value and indicates that ALTG is not financially healthy enough and could expect problems in meeting its short term obligations.
ALTG has a worse Quick ratio (0.49) than 78.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
ALTG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -55.29%.
ALTG shows a decrease in Revenue. In the last year, the revenue decreased by -3.95%.
ALTG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.66% yearly.
EPS 1Y (TTM)-55.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-52.33%
Revenue 1Y (TTM)-3.95%
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 32.59% yearly.
ALTG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.81% yearly.
EPS Next Y-27.67%
EPS Next 2Y15.64%
EPS Next 3Y16.31%
EPS Next 5Y32.59%
Revenue Next Year-2.52%
Revenue Next 2Y0.39%
Revenue Next 3Y2.53%
Revenue Next 5Y2.81%
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.
Also next year ALTG is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ALTG indicates a rather cheap valuation: ALTG is cheaper than 94.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.93 |
4.3 Compensation for Growth
ALTG's earnings are expected to grow with 16.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.64%
EPS Next 3Y16.31%
5. Dividend
5.1 Amount
ALTG has a Yearly Dividend Yield of 1.97%. Purely for dividend investing, there may be better candidates out there.
ALTG's Dividend Yield is rather good when compared to the industry average which is at 1.01. ALTG pays more dividend than 98.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.94, ALTG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.97% |
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-10.71%
EPS Next 2Y15.64%
EPS Next 3Y16.31%
5.8
-0.03 (-0.51%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners51.51%
Inst Owner Change0%
Ins Owners20.12%
Ins Owner Change0%
Market Cap186.99M
Revenue(TTM)1.82B
Net Income(TTM)-82.20M
Analysts80
Price Target10.15 (75%)
Short Float %4.72%
Short Ratio4.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.97% |
Yearly Dividend0.34
Dividend Growth(5Y)N/A
DP-10.71%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-203.19%
Min EPS beat(2)-375.67%
Max EPS beat(2)-30.72%
EPS beat(4)0
Avg EPS beat(4)-105.6%
Min EPS beat(4)-375.67%
Max EPS beat(4)-2.37%
EPS beat(8)0
Avg EPS beat(8)-153.03%
EPS beat(12)2
Avg EPS beat(12)-89.84%
EPS beat(16)5
Avg EPS beat(16)-6.52%
Revenue beat(2)0
Avg Revenue beat(2)-5.36%
Min Revenue beat(2)-9.28%
Max Revenue beat(2)-1.43%
Revenue beat(4)1
Avg Revenue beat(4)-3.76%
Min Revenue beat(4)-9.28%
Max Revenue beat(4)0.59%
Revenue beat(8)3
Avg Revenue beat(8)-2.5%
Revenue beat(12)5
Avg Revenue beat(12)-1.27%
Revenue beat(16)9
Avg Revenue beat(16)1.22%
PT rev (1m)-3.4%
PT rev (3m)-12.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-10.13%
EPS NY rev (1m)0%
EPS NY rev (3m)-69.78%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.1 | ||
| P/FCF | N/A | ||
| P/OCF | 5.5 | ||
| P/B | 64.48 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.93 |
EPS(TTM)-2.64
EYN/A
EPS(NY)-1.3
Fwd EYN/A
FCF(TTM)-0.75
FCFYN/A
OCF(TTM)1.05
OCFY18.18%
SpS56.6
BVpS0.09
TBVpS-3.78
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.74% | ||
| ROE | -2834.48% | ||
| ROCE | 2.3% | ||
| ROIC | 1.31% | ||
| ROICexc | 1.33% | ||
| ROICexgc | 1.48% | ||
| OM | 1.12% | ||
| PM (TTM) | N/A | ||
| GM | 25.84% | ||
| 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
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 Turnover1.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 374.41 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.92 | ||
| Cap/Depr | 42.61% | ||
| Cap/Sales | 3.19% | ||
| Interest Coverage | 0.24 | ||
| Cash Conversion | 21.66% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 1.37 |
F-Score5
WACC7.13%
ROIC/WACC0.18
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 Y-27.67%
EPS Next 2Y15.64%
EPS Next 3Y16.31%
EPS Next 5Y32.59%
Revenue 1Y (TTM)-3.95%
Revenue growth 3Y15.66%
Revenue growth 5YN/A
Sales Q2Q%-5.84%
Revenue Next Year-2.52%
Revenue Next 2Y0.39%
Revenue Next 3Y2.53%
Revenue Next 5Y2.81%
EBIT growth 1Y-28.17%
EBIT growth 3Y1.1%
EBIT growth 5YN/A
EBIT Next Year515.22%
EBIT Next 3Y88.73%
EBIT Next 5Y51.85%
FCF growth 1Y76.13%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y390.6%
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.
What is the valuation status for ALTG stock?
ChartMill assigns a valuation rating of 1 / 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.
What is the financial health of ALTA EQUIPMENT GROUP INC (ALTG) stock?
The financial health rating of ALTA EQUIPMENT GROUP INC (ALTG) is 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 decline by -27.67% in the next year.