Alta Equipment Group Stock Current Valuation
| ALTG Stock | USD 5.10 0.23 4.32% |
Valuation analysis of Alta Equipment Group helps investors to measure Alta Equipment's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. The Alta Equipment's current Enterprise Value is estimated to increase to about 844.7 M, while Enterprise Value Over EBITDA is projected to decrease to 3.11. Fundamental drivers impacting Alta Equipment's valuation include:
Overvalued
Today
Please note that Alta Equipment's price fluctuation is relatively risky 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 5.1 | Real 4.7 | Target 12.66 | Hype 5.1 | Naive 6.01 |
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: 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 | 1.35 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 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 Current Valuation. 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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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 |
| Timeline |
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.
| Competition |
In accordance with the recently published financial statements, Alta Equipment Group has a Current Valuation of 1.35 B. This is 81.42% lower than that of the Trading Companies & Distributors sector and 82.36% lower than that of the Industrials industry. The current valuation for all United States stocks is 91.86% higher than that of the company.
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 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 Fundamentals
| Return On Equity | -0.55 | ||||
| Return On Asset | 0.0076 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 1.35 B | ||||
| Shares Outstanding | 32.86 M | ||||
| Shares Owned By Insiders | 26.89 % | ||||
| Shares Owned By Institutions | 70.38 % | ||||
| Number Of Shares Shorted | 2.14 M | ||||
| Price To Earning | 211.67 X | ||||
| Price To Book | 2.16 X | ||||
| Price To Sales | 0.09 X | ||||
| Revenue | 1.88 B | ||||
| Gross Profit | 493.7 M | ||||
| EBITDA | 159.5 M | ||||
| Net Income | (62.1 M) | ||||
| Cash And Equivalents | 500 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 318.8 M | ||||
| Debt To Equity | 5.38 % | ||||
| Current Ratio | 1.06 X | ||||
| Book Value Per Share | 2.37 X | ||||
| Cash Flow From Operations | 57 M | ||||
| Short Ratio | 13.72 X | ||||
| Earnings Per Share | (1.96) X | ||||
| Target Price | 9.03 | ||||
| Number Of Employees | 2.9 K | ||||
| Beta | 1.8 | ||||
| Market Capitalization | 167.58 M | ||||
| Total Asset | 1.48 B | ||||
| Retained Earnings | (149.3 M) | ||||
| Working Capital | 197.3 M | ||||
| Current Asset | 44.43 K | ||||
| Current Liabilities | 273.94 K | ||||
| Annual Yield | 0.04 % | ||||
| Net Asset | 1.48 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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 (1.96) | Revenue Per Share | 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.