Alta Equipment Group Stock EBITDA
| ALTG Stock | USD 7.91 0.40 5.33% |
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.
| Last Reported | Projected for Next Year | ||
| EBITDA | 187 M | 93.5 M |
Alta | EBITDA |
Alta Equipment Group Company EBITDA Analysis
Alta Equipment's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Alta Equipment EBITDA | 187 M |
Most of Alta Equipment's fundamental indicators, such as EBITDA, 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 EBITDA Driver Correlations
Understanding the fundamental principles of building solid financial models for Alta Equipment is extremely important. It helps to project a fair market value of Alta Stock properly, considering its historical fundamentals such as EBITDA. Since Alta Equipment's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Alta Equipment's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Alta Equipment's interrelated accounts and indicators.
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In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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Alta Ebitda
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According to the company disclosure, Alta Equipment Group reported earnings before interest,tax, depreciation and amortization of 187 M. This is 67.9% lower than that of the Trading Companies & Distributors sector and 75.31% lower than that of the Industrials industry. The ebitda for all United States stocks is 95.2% higher than that of the company.
Alta EBITDA 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 EBITDA 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 ebitda category among its peers.
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 Equipment Institutional Holders
Institutional Holdings refers to the ownership stake in Alta Equipment that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alta Equipment's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alta Equipment's value.| Shares | Sunrise Partners Llc | 2024-09-30 | 392.6 K | Boothbay Fund Management, Llc | 2024-09-30 | 356.5 K | Register Financial Advisors Llc | 2024-09-30 | 334.8 K | Castleknight Management Lp | 2024-09-30 | 317.9 K | Citadel Advisors Llc | 2024-09-30 | 284.6 K | Punch & Associates Inv Mgmt Inc | 2024-09-30 | 271.6 K | American Century Companies Inc | 2024-09-30 | 270.7 K | Nuveen Asset Management, Llc | 2024-06-30 | 242.7 K | Susquehanna International Group, Llp | 2024-06-30 | 238.3 K | Mill Road Capital Management Llc | 2024-09-30 | 4.2 M | Voss Capital Llc | 2024-09-30 | 3 M |
Alta Fundamentals
| Return On Equity | -0.44 | ||||
| Return On Asset | 0.0117 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 1.48 B | ||||
| Shares Outstanding | 33.26 M | ||||
| Shares Owned By Insiders | 26.59 % | ||||
| Shares Owned By Institutions | 68.00 % | ||||
| Number Of Shares Shorted | 2.78 M | ||||
| Price To Earning | 211.67 X | ||||
| Price To Book | 2.75 X | ||||
| Price To Sales | 0.14 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 | 2.89 X | ||||
| Cash Flow From Operations | 63.8 M | ||||
| Short Ratio | 12.54 X | ||||
| Earnings Per Share | (1.71) X | ||||
| Target Price | 12.86 | ||||
| Number Of Employees | 3 K | ||||
| Beta | 1.67 | ||||
| Market Capitalization | 263.06 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.
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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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Trading Companies & Distributors space 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 (1.71) | Revenue Per Share 57.408 | Quarterly Revenue Growth (0.04) |
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.