NYSE: ALTGAlta Equipment Group Inc Stock
$11.73-0.02 (-0.17%)
Updated Apr 24, 2024
ALTG Price
$11.73
Fair Value Price
N/A
Market Cap
$379.68M
52 Week Low
$8.76
52 Week High
$17.98
P/E
65.17x
P/B
2.54x
P/S
0.2x
PEG
N/A
Dividend Yield
1.94%
Revenue
$2.01B
Earnings
$8.90M
Gross Margin
31.7%
Operating Margin
2.97%
Profit Margin
0.3%
Debt to Equity
9.49
Operating Cash Flow
$64M
Beta
1
Next Earnings
May 8, 2024
Ex-Dividend
N/A
Next Dividend
N/A
ALTG Overview
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. The company operates through two segments, Industrial Equipment and Construction Equipment. It sells, rents, and provides parts and service support for various categories of specialized new and used equipment, including lift trucks and aerial work platforms, cranes, earthmoving equipment, and other industrial and construction equipment. The company was formerly known as B. Riley Principal Merger Corp. and changed its name to Alta Equipment Group Inc. in February 2020. Alta Equipment Group Inc. was founded in 1984 and is based in Livonia, Michigan.
Zen Score
–
Industry Average (29)
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Due Diligence Checks
ALTG was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
ALTG is poor value based on its earnings relative to its share price (65.17x), compared to the US market average (41.27x)
P/E vs Market Valuation
ALTG is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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Valuation
ALTG price to earnings (PE)
For valuing profitable companies with steady earnings
Company
65.17x
Industry
15.24x
Market
41.27x
ALTG is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ALTG is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation
ALTG price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
2.54x
Industry
2.27x
ALTG is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation
ALTG's financial health
Profit margin
Revenue
$554.7M
Net Income
-$1.9M
Profit Margin
-0.5%
ALTG's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
ALTG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$1.6B
Liabilities
$1.4B
Debt to equity
9.49
ALTG's short-term assets ($838.00M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ALTG's short-term assets ($838.00M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ALTG's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ALTG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
$83.2M
Investing
-$62.2M
Financing
$9.1M
ALTG's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials
ALTG vs Rental & Leasing Service Stocks
Alta Equipment Group Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.