Alta Equipment Valuation
| ALTG-PA Preferred Stock | USD 25.64 0.01 0.04% |
At this time, the firm appears to be undervalued. Alta Equipment Group shows a prevailing Real Value of $29.0 per share. The current price of the firm is $25.64. Our model approximates the value of Alta Equipment Group from analyzing the firm fundamentals such as Profit Margin of 0.01 %, return on equity of 0.0848, and Current Valuation of 1.88 B as well as examining its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that Alta Equipment's price fluctuation is very steady at this time. Calculation of the real value of Alta Equipment Group is based on 3 months time horizon. Increasing Alta Equipment's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Alta Equipment is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alta Preferred Stock. However, Alta Equipment's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 25.64 | Real 29.0 | Hype 25.64 | Naive 25.91 |
The real value of Alta Preferred Stock, also known as its intrinsic value, is the underlying worth of Alta Equipment Group Company, which is reflected in its stock price. It is based on Alta Equipment's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Alta Equipment's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Alta Equipment Group helps investors to forecast how Alta preferred stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Alta Equipment more accurately as focusing exclusively on Alta Equipment's fundamentals will not take into account other important factors: Alta Equipment Total Value Analysis
Alta Equipment Group is presently forecasted to have takeover price of 1.88 B with market capitalization of 1.88 B, debt of 921.8 M, and cash on hands of 500 K. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Alta Equipment fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.88 B | 1.88 B | 921.8 M | 500 K |
Alta Equipment Investor Information
The company recorded a loss per share of 0.61. Alta Equipment Group last dividend was issued on the 13th of July 2023. Based on the key indicators related to Alta Equipment's liquidity, profitability, solvency, and operating efficiency, Alta Equipment Group is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in February.Alta Equipment Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Alta Equipment has an asset utilization ratio of 121.79 percent. This suggests that the Company is making $1.22 for each dollar of assets. An increasing asset utilization means that Alta Equipment Group is more efficient with each dollar of assets it utilizes for everyday operations.Alta Equipment Profitability Analysis
The company reported the revenue of 1.57 B. Net Income was 9.3 M with profit before overhead, payroll, taxes, and interest of 419.6 M.Alta Equipment Past Distributions to stockholders
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Alta Equipment's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Alta Equipment and how it compares across the competition.
About Alta Equipment Valuation
The preferred stock valuation mechanism determines Alta Equipment's current worth on a weekly basis. Our valuation model uses a comparative analysis of Alta Equipment. We calculate exposure to Alta Equipment's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Alta Equipment's related companies.Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan. Alta Equipment operates under Rental Leasing Services classification in the United States and is traded on NYQ Exchange. It employs 2250 people.
8 Steps to conduct Alta Equipment's Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Alta Equipment's potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Alta Equipment's valuation analysis, follow these 8 steps:- Gather financial information: Obtain Alta Equipment's financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Alta Equipment's revenue streams: Identify Alta Equipment's primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Alta Equipment's industry and market trends, including the size of the market, growth rate, and competition.
- Establish Alta Equipment's growth potential: Evaluate Alta Equipment's management, business model, and growth potential.
- Determine Alta Equipment's financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Alta Equipment's estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
A single share of Alta Equipment represents a small ownership stake in the entity. As a stockholder of Alta, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Alta Equipment Dividends Analysis For Valuation
Please note that Alta Equipment has scaled down on payment of dividends at this time.
There are various types of dividends Alta Equipment can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Alta shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Alta Equipment Group directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Alta pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Alta Equipment by the value of the dividends paid out.
Alta Equipment Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
| Common Stock Shares Outstanding | 32.3 M |
Complementary Tools for Alta Preferred 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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