ALTA EQUIPMENT GROUP INC (ALTG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ALTG - US02128L1061 - Common Stock
5.54 USD
-0.06 (-1.07%)
5.54 USD
0 (0%)
ALTG gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 50 industry peers in the Trading Companies & Distributors industry. Both the profitability and financial health of ALTG have multiple concerns. 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.
The reported net income has been mixed in the past 5 years: ALTG reported negative net income in multiple years.
ALTG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
ALTG has a worse Return On Assets (-5.74%) than 84.00% of its industry peers.
The Return On Equity of ALTG (-2834.48%) is worse than 92.00% of its industry peers.
With a Return On Invested Capital value of 1.31%, 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 9.63%.
| 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.
In the last couple of years the Operating Margin of ALTG has declined.
ALTG has a worse Gross Margin (25.84%) than 64.00% of its industry peers.
ALTG's Gross Margin has been stable in the last couple of years.
| 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
ALTG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
ALTG has a worse Altman-Z score (1.37) than 70.00% of its industry peers.
ALTG has a Debt/Equity ratio of 374.41. This is a high value indicating a heavy dependency on external financing.
ALTG has a Debt to Equity ratio of 374.41. This is amonst the worse of the industry: ALTG underperforms 92.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 374.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.37 |
ROIC/WACC0.19
WACC7.07%
2.3 Liquidity
A Current Ratio of 1.42 indicates that ALTG should not have too much problems paying its short term obligations.
ALTG's Current ratio of 1.42 is on the low side compared to the rest of the industry. ALTG is outperformed by 64.00% of its industry peers.
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's Quick ratio of 0.49 is on the low side compared to the rest of the industry. ALTG is outperformed by 78.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 0.49 |
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 -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
The Earnings Per Share is expected to grow by 32.59% on average over the next years. This is a very strong growth
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
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.
4. Valuation
4.1 Price/Earnings Ratio
ALTG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
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 cheaper than 94.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.88 |
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 4.96%, which is a nice return.
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.
ALTG's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
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
The earnings of ALTG are negative and hence is the payout ratio. ALTG will probably not be able to sustain this dividend level.
DP-10.71%
EPS Next 2Y15.64%
EPS Next 3Y16.31%
5.54
-0.06 (-1.07%)
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 Cap178.61M
Revenue(TTM)1.82B
Net Income(TTM)-82.20M
Analysts80
Price Target10.15 (83.21%)
Short Float %4.72%
Short Ratio4.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
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 | 5.25 | ||
| P/B | 61.59 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.88 |
EPS(TTM)-2.64
EYN/A
EPS(NY)-1.3
Fwd EYN/A
FCF(TTM)-0.75
FCFYN/A
OCF(TTM)1.05
OCFY19.04%
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
WACC7.07%
ROIC/WACC0.19
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.