Alta Equipment Group Stock Fundamentals
| ALTG Stock | USD 8.51 0.12 1.39% |
Alta Equipment Group fundamentals help investors to digest information that contributes to Alta Equipment's financial success or failures. It also enables traders to predict the movement of Alta Stock. The fundamental analysis module provides a way to measure Alta Equipment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alta Equipment stock.
At this time, Alta Equipment's Net Income is most likely to increase significantly in the upcoming years. The Alta Equipment's current Total Revenue is estimated to increase to about 2 B, while Income Tax Expense is forecasted to increase to (6.1 M). Alta | Select Account or Indicator |
Alta Equipment Group Company Current Valuation Analysis
Alta Equipment's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Alta Equipment Current Valuation | 1.47 B |
Most of Alta Equipment's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alta Equipment Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Alta Current Valuation Historical Pattern
Today, most investors in Alta Equipment Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Alta Equipment's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Alta Equipment current valuation as a starting point in their analysis.
Alta Equipment Current Valuation |
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Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, Alta Equipment Group has a Current Valuation of 1.47 B. This is 79.78% lower than that of the Trading Companies & Distributors sector and 80.8% lower than that of the Industrials industry. The current valuation for all United States stocks is 91.14% higher than that of the company.
Alta Equipment Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alta Equipment's current stock value. Our valuation model uses many indicators to compare Alta Equipment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alta Equipment competition to find correlations between indicators driving Alta Equipment's intrinsic value. More Info.Alta Equipment Group is rated third in return on equity category among related companies. It is rated below average in return on asset category among related companies . At this time, Alta Equipment's Return On Equity is most likely to slightly decrease in the upcoming years.Comparative valuation analysis is a catch-all model that can be used if you cannot value Alta Equipment by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alta Equipment's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alta Equipment's earnings, one of the primary drivers of an investment's value.Alta Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alta Equipment's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alta Equipment could also be used in its relative valuation, which is a method of valuing Alta Equipment by comparing valuation metrics of similar companies.Alta Equipment is currently under evaluation in current valuation category among related companies.
Alta Equipment ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Alta Equipment's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Alta Equipment's managers, analysts, and investors.Environmental | Governance | Social |
Alta Fundamentals
| Return On Equity | -0.0291 | ||||
| Return On Asset | 0.0176 | ||||
| Profit Margin | (0) % | ||||
| Operating Margin | (0) % | ||||
| Current Valuation | 1.47 B | ||||
| Shares Outstanding | 33.15 M | ||||
| Shares Owned By Insiders | 19.48 % | ||||
| Shares Owned By Institutions | 77.03 % | ||||
| Number Of Shares Shorted | 1.67 M | ||||
| Price To Earning | 211.67 X | ||||
| Price To Book | 2.71 X | ||||
| Price To Sales | 0.22 X | ||||
| Revenue | 1.88 B | ||||
| Gross Profit | 419.6 M | ||||
| EBITDA | 187 M | ||||
| Net Income | 8.9 M | ||||
| Cash And Equivalents | 500 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 1.18 B | ||||
| Debt To Equity | 5.38 % | ||||
| Current Ratio | 1.06 X | ||||
| Book Value Per Share | 4.17 X | ||||
| Cash Flow From Operations | (58.7 M) | ||||
| Short Ratio | 4.66 X | ||||
| Earnings Per Share | (0.21) X | ||||
| Target Price | 19.2 | ||||
| Number Of Employees | 3 K | ||||
| Beta | 1.67 | ||||
| Market Capitalization | 278.44 M | ||||
| Total Asset | 1.57 B | ||||
| Retained Earnings | (76.4 M) | ||||
| Working Capital | 202.9 M | ||||
| Current Asset | 44.43 K | ||||
| Current Liabilities | 273.94 K | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 1.57 B | ||||
| Last Dividend Paid | 0.23 |
About Alta Equipment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alta Equipment Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alta Equipment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alta Equipment Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 16.2 M | 17 M | |
| Total Revenue | 1.9 B | 2 B | |
| Cost Of Revenue | 1.4 B | 732.9 M | |
| Stock Based Compensation To Revenue | 0 | 0 | |
| Sales General And Administrative To Revenue | 0.23 | 0.26 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.04) | (0.04) | |
| Revenue Per Share | 57.84 | 55.94 | |
| Ebit Per Revenue | 0.03 | 0.03 |
Currently Active Assets on Macroaxis
When determining whether Alta Equipment Group is a strong investment it is important to analyze Alta Equipment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alta Equipment's future performance. For an informed investment choice regarding Alta Stock, refer to the following important reports:Check out Alta Equipment Piotroski F Score and Alta Equipment Altman Z Score analysis. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Alta Stock analysis
When running Alta Equipment's price analysis, check to measure Alta Equipment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alta Equipment is operating at the current time. Most of Alta Equipment's value examination focuses on studying past and present price action to predict the probability of Alta Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alta Equipment's price. Additionally, you may evaluate how the addition of Alta Equipment to your portfolios can decrease your overall portfolio volatility.
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Is Alta Equipment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alta Equipment. If investors know Alta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alta Equipment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.454 | Dividend Share 0.228 | Earnings Share (0.21) | Revenue Per Share 58.088 | Quarterly Revenue Growth 0.05 |
The market value of Alta Equipment Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Equipment's value that differs from its market value or its book value, called intrinsic value, which is Alta Equipment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alta Equipment's market value can be influenced by many factors that don't directly affect Alta Equipment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alta Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Equipment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.