ALTA EQUIPMENT GROUP INC (ALTG) Stock Fundamental Analysis
USA - NYSE:ALTG - US02128L1061 - Common Stock
7.47 USD
-0.09 (-1.19%)
7.47 USD
0 (0%)
Taking everything into account, ALTG scores 2 out of 10 in our fundamental rating. ALTG was compared to 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
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.
Of the past 5 years ALTG 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -4.76%, ALTG is not doing good in the industry: 84.00% of the companies in the same industry are doing better.
With a Return On Equity value of -155.58%, ALTG is not doing good in the industry: 92.00% of the companies in the same industry are doing better.
The Return On Invested Capital of ALTG (1.43%) is worse than 74.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ALTG is significantly below the industry average of 9.98%.
| 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
With a Operating Margin value of 1.21%, ALTG is not doing good in the industry: 74.00% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of ALTG has declined.
ALTG's Gross Margin of 25.84% is on the low side compared to the rest of the industry. ALTG is outperformed by 62.00% 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 | 1.21% | ||
| 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
ALTG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ALTG has been reduced compared to 1 year ago.
Compared to 5 years ago, ALTG has more shares outstanding
ALTG has a worse debt/assets ratio than last year.
2.2 Solvency
ALTG has an Altman-Z score of 1.44. This is a bad value and indicates that ALTG is not financially healthy and even has some risk of bankruptcy.
ALTG's Altman-Z score of 1.44 is on the low side compared to the rest of the industry. ALTG is outperformed by 74.00% 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 (81.33) which is comparable to the rest of the industry.
A Debt/Equity ratio of 24.20 is on the high side and indicates that ALTG has dependencies on debt financing.
ALTG has a worse Debt to Equity ratio (24.20) than 96.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 24.2 | ||
| Debt/FCF | 81.33 | ||
| Altman-Z | 1.44 |
ROIC/WACC0.19
WACC7.46%
2.3 Liquidity
A Current Ratio of 1.39 indicates that ALTG should not have too much problems paying its short term obligations.
The Current ratio of ALTG (1.39) is worse than 74.00% of its industry peers.
ALTG has a Quick Ratio of 1.39. This is a bad value and indicates that ALTG is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ALTG (0.48) is worse than 82.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
ALTG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -242.19%.
ALTG shows a decrease in Revenue. In the last year, the revenue decreased by -3.46%.
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)-242.19%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%10.53%
Revenue 1Y (TTM)-3.46%
Revenue growth 3Y15.66%
Revenue growth 5YN/A
Sales Q2Q%-1.41%
3.2 Future
Based on estimates for the next years, ALTG will show a very strong growth in Earnings Per Share. The EPS will grow by 21.33% on average per year.
Based on estimates for the next years, ALTG will show a small growth in Revenue. The Revenue will grow by 2.92% on average per year.
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.
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
Based on the Enterprise Value to EBITDA ratio, ALTG is valued cheaper than 98.00% of the companies in the same industry.
ALTG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ALTG is cheaper than 74.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.14 | ||
| EV/EBITDA | 6.01 |
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
With a Yearly Dividend Yield of 2.76%, ALTG has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.69, ALTG pays a better dividend. On top of this ALTG pays more dividend than 94.00% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, ALTG has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
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-15.81%
EPS Next 2Y20.64%
EPS Next 3Y20.75%
7.47
-0.09 (-1.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryTrading Companies & Distributors
Earnings (Last)
Earnings (Next)
Inst Owners54.38%
Inst Owner Change-3.83%
Ins Owners20.48%
Ins Owner Change2.68%
Market Cap239.41M
Analysts80
Price Target11.61 (55.42%)
Short Float %5.26%
Short Ratio3.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.76% |
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)8.75%
PT rev (3m)8.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-25.58%
EPS NY rev (1m)-3.03%
EPS NY rev (3m)7.17%
Revenue NQ rev (1m)-1.99%
Revenue NQ rev (3m)-4.01%
Revenue NY rev (1m)-0.58%
Revenue NY rev (3m)-0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.13 | ||
| P/FCF | 18.14 | ||
| P/OCF | 3.21 | ||
| P/B | 5.45 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.01 |
EPS(TTM)-2.19
EYN/A
EPS(NY)-1.07
Fwd EYN/A
FCF(TTM)0.41
FCFY5.51%
OCF(TTM)2.33
OCFY31.16%
SpS57.76
BVpS1.37
TBVpS-2.65
PEG (NY)N/A
PEG (5Y)N/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
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-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 | 1.44 |
F-Score5
WACC7.46%
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)-242.19%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%10.53%
EPS Next Y24.8%
EPS Next 2Y20.64%
EPS Next 3Y20.75%
EPS Next 5Y21.33%
Revenue 1Y (TTM)-3.46%
Revenue growth 3Y15.66%
Revenue growth 5YN/A
Sales Q2Q%-1.41%
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 Year539.24%
EBIT Next 3Y94.31%
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