ALTA EQUIPMENT GROUP INC (ALTG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:ALTG - US02128L1061 - Common Stock
4.94 USD
0 (0%)
4.94 USD
0 (0%)
Taking everything into account, ALTG scores 2 out of 10 in our fundamental rating. ALTG was compared to 49 industry peers in the Trading Companies & Distributors industry. ALTG has a bad profitability rating. Also its financial health evaluation is rather negative. ALTG has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year ALTG has reported negative net income.
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.
ALTG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
ALTG has a Return On Assets of -5.74%. This is amonst the worse of the industry: ALTG underperforms 83.67% of its industry peers.
ALTG has a Return On Equity of -2834.48%. This is amonst the worse of the industry: ALTG underperforms 93.88% of its industry peers.
ALTG has a worse Return On Invested Capital (1.31%) than 73.47% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ALTG is significantly below the industry average of 9.22%.
| 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
Looking at the Operating Margin, with a value of 1.12%, ALTG is doing worse than 71.43% of the companies in the same industry.
ALTG's Operating Margin has declined in the last couple of years.
The Gross Margin of ALTG (25.84%) is worse than 63.27% 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.
Compared to 1 year ago, ALTG has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.36, we must say that ALTG is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.36, ALTG is doing worse than 69.39% of the companies in the same industry.
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: 93.88% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 374.41 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.36 |
ROIC/WACC0.19
WACC6.92%
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.
ALTG's Current ratio of 1.42 is on the low side compared to the rest of the industry. ALTG is outperformed by 61.22% 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.
With a Quick ratio value of 0.49, ALTG is not doing good in the industry: 79.59% of the companies in the same industry are doing better.
| 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.
Looking at the last year, ALTG shows a decrease in Revenue. The Revenue has decreased by -3.95% in the last year.
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)-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.
The Revenue is expected to grow by 2.81% on average over the next years.
EPS Next Y24.8%
EPS Next 2Y20.64%
EPS Next 3Y20.75%
EPS Next 5Y32.59%
Revenue Next Year0%
Revenue Next 2Y1.62%
Revenue Next 3Y2.68%
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
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
93.88% of the companies in the same industry are more expensive than ALTG, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.74 |
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 4.68%, which is a nice return.
In the last 3 months the price of ALTG has falen by -42.36%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
ALTG's Dividend Yield is rather good when compared to the industry average which is at 1.95. ALTG pays more dividend than 97.96% of the companies in the same industry.
ALTG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
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
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 2Y20.64%
EPS Next 3Y20.75%
4.94
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners54.27%
Inst Owner Change-0.79%
Ins Owners21.22%
Ins Owner Change0%
Market Cap159.27M
Revenue(TTM)1.82B
Net Income(TTM)-82.20M
Analysts80
Price Target10.51 (112.75%)
Short Float %4.51%
Short Ratio4.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
Yearly Dividend0.34
Dividend Growth(5Y)N/A
DP-10.71%
Div Incr Years0
Div Non Decr Years2
Ex-Date
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)-9.49%
PT rev (3m)-9.49%
EPS NQ rev (1m)-7.6%
EPS NQ rev (3m)-7.6%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-2.61%
Revenue NQ rev (3m)-2.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.09 | ||
| P/FCF | N/A | ||
| P/OCF | 4.68 | ||
| P/B | 54.92 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.74 |
EPS(TTM)-2.64
EYN/A
EPS(NY)-1.07
Fwd EYN/A
FCF(TTM)-0.75
FCFYN/A
OCF(TTM)1.05
OCFY21.35%
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 | 1.36 |
F-Score5
WACC6.92%
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 Y24.8%
EPS Next 2Y20.64%
EPS Next 3Y20.75%
EPS Next 5Y32.59%
Revenue 1Y (TTM)-3.95%
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 5Y2.81%
EBIT growth 1Y-28.17%
EBIT growth 3Y1.1%
EBIT growth 5YN/A
EBIT Next Year534.55%
EBIT Next 3Y88.49%
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.
Can you provide the valuation status for ALTA EQUIPMENT GROUP INC?
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.
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.