Alta Equipment Valuation
| ALTG Stock | USD 7.91 0.40 5.33% |
At this time, the firm appears to be undervalued. Alta Equipment Group shows a prevailing Real Value of $11.72 per share. The current price of the firm is $7.91. Our model approximates the value of Alta Equipment Group from analyzing the firm fundamentals such as Current Valuation of 1.48 B, return on equity of -0.44, and Profit Margin of (0.03) % as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Alta Equipment's valuation include:
Price Book 2.7488 | Enterprise Value 1.5 B | Enterprise Value Ebitda 8.6075 | Price Sales 0.1385 | Forward PE 222.2222 |
Undervalued
Today
Please note that Alta Equipment's price fluctuation is somewhat reliable 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.
The fair value of the Alta stock is determined by what a typical buyer is willing to pay for full or partial control of Alta Equipment Group. Since Alta Equipment is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Alta 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 7.91 | Real 11.72 | Target 24.75 | Hype 8.04 | Naive 7.06 |
The real value of Alta 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 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: When choosing an evaluation method for Alta Equipment Group, ensure it is appropriate for the firm given its current financial situation and market classification. If more than one evaluation category is relevant, we suggest using all methods to arrive at a better estimate.
Alta Equipment Cash |
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Alta Valuation Trend
Comparing Alta Equipment's enterprise value against its market capitalization is a good way to estimate the value of Alta Equipment Group uage its performance over time. This information may sometimes be enough for investors to make reasonable market timing decisions.
Alta Revenue by Product
Alta Equipment Total Value Analysis
Alta Equipment Group is presently anticipated to have valuation of 1.48 B with market capitalization of 263.06 M, debt of 1.18 B, and cash on hands of 500 K. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Alta Equipment fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.48 B | 263.06 M | 1.18 B | 500 K |
Alta Equipment Investor Information
About 27.0% of the company shares are held by company insiders. The book value of Alta Equipment was presently reported as 2.89. The company has Price/Earnings (P/E) ratio of 211.67. Alta Equipment Group recorded a loss per share of 1.71. The entity last dividend was issued on the 15th of November 2024. Based on the key indicators related to Alta Equipment's liquidity, profitability, solvency, and operating efficiency, Alta Equipment Group is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December.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 119.47 percent. This implies that the Company is making $1.19 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 Ownership Allocation
Alta Equipment holds a total of 33.26 Million outstanding shares. Over half of Alta Equipment's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.Alta Equipment Profitability Analysis
The company reported the previous year's revenue of 1.88 B. Net Income was 8.9 M with profit before overhead, payroll, taxes, and interest of 419.6 M.Alta Equipment Past Distributions to stockholders
| 30th of August 2024 | ||
| 31st of May 2024 | ||
| 29th of February 2024 | ||
| 31st of January 2024 | ||
| 30th of November 2023 | ||
| 31st of August 2023 | ||
| 31st of May 2023 | ||
| 28th of February 2023 | ||
| 30th of November 2022 |
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 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.| Last Reported | Projected for Next Year | ||
| Gross Profit | 507.2 M | 259.7 M | |
| Operating Profit Margin | 0.03 | 0.03 | |
| Gross Profit Margin | 0.27 | 0.41 |
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
At this time, Alta Equipment's Dividend Yield is most likely to increase slightly in the upcoming years. The Alta Equipment's current Dividend Payout Ratio is estimated to increase to 1.25, while Dividends Paid is projected to decrease to roughly 10.1 M. . At this time, Alta Equipment's Earnings Yield is most likely to slightly decrease in the upcoming years. The Alta Equipment's current Price Earnings Ratio is estimated to increase to 47.35, while Retained Earnings are forecasted to increase to (72.6 M).
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 10.6 M | 10.1 M | |
| Dividend Yield | 0.03 | 0.03 | |
| Dividend Payout Ratio | 1.19 | 1.25 | |
| Dividend Paid And Capex Coverage Ratio | 0.75 | 0.48 |
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
Investing in growth stocks can be very risky. If the company such as Alta Equipment does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 32.9 M | |
| Quarterly Earnings Growth Y O Y | 0.454 | |
| Forward Price Earnings | 222.2222 |
Alta Equipment Current Valuation Indicators
Valuation refers to the process of determining the present value of Alta Equipment Group and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Alta we look at many different elements of the entity such as Alta's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Alta Equipment, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Alta Equipment's valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Alta Equipment's worth.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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