Alamo Net Worth
Alamo Net Worth Breakdown | ALG |
Alamo Net Worth Analysis
Alamo's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Alamo's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Alamo's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Alamo's net worth analysis. One common approach is to calculate Alamo's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Alamo's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Alamo's net worth. This approach calculates the present value of Alamo's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Alamo's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Alamo's net worth. This involves comparing Alamo's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Alamo's net worth relative to its peers.
Enterprise Value |
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To determine if Alamo is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Alamo's net worth research are outlined below:
| Alamo Group has a strong financial position based on the latest SEC filings | |
| Over 95.0% of the company shares are held by institutions such as insurance companies | |
| On 28th of October 2024 Alamo paid $ 0.26 per share dividend to its current shareholders | |
| Latest headline from investing.com: Earnings call Alamo Group faces mixed Q3 results, plans cost cuts |
Alamo Quarterly Good Will |
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Alamo uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Alamo Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Alamo's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Alamo Target Price Consensus
Alamo target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Alamo's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 4 | Strong Buy |
Most Alamo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Alamo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Alamo Group, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationAlamo Target Price Projection
Alamo's current and average target prices are 197.89 and 217.40, respectively. The current price of Alamo is the price at which Alamo Group is currently trading. On the other hand, Alamo's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Alamo Market Quote on 28th of November 2024
Target Price
Analyst Consensus On Alamo Target Price
Know Alamo's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Alamo is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alamo Group backward and forwards among themselves. Alamo's institutional investor refers to the entity that pools money to purchase Alamo's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Hhg Plc | 2024-06-30 | 174.5 K | Northern Trust Corp | 2024-09-30 | 155.4 K | Macquarie Group Ltd | 2024-06-30 | 154.1 K | Fayez Sarofim & Company | 2024-09-30 | 146.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 134.4 K | Royal Bank Of Canada | 2024-06-30 | 125.3 K | Bank Of America Corp | 2024-06-30 | 110.6 K | Kennedy Capital Management Inc | 2024-09-30 | 106.8 K | Franklin Resources Inc | 2024-09-30 | 96.2 K | Blackrock Inc | 2024-06-30 | 1.7 M | Longview Management Group Llc | 2024-09-30 | 1.4 M |
Follow Alamo's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.38 B.Market Cap |
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Project Alamo's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.17 | 0.14 | |
| Return On Assets | 0.10 | 0.07 | |
| Return On Equity | 0.15 | 0.12 |
When accessing Alamo's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Alamo's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Alamo's profitability and make more informed investment decisions.
Evaluate Alamo's management efficiency
Alamo Group has Return on Asset of 0.0746 % which means that on every $100 spent on assets, it made $0.0746 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1253 %, implying that it generated $0.1253 on every 100 dollars invested. Alamo's management efficiency ratios could be used to measure how well Alamo manages its routine affairs as well as how well it operates its assets and liabilities. The Alamo's current Return On Tangible Assets is estimated to increase to 0.14, while Return On Capital Employed is projected to decrease to 0.14. At this time, Alamo's Total Current Assets are most likely to increase significantly in the upcoming years. The Alamo's current Intangible Assets is estimated to increase to about 176.7 M, while Other Current Assets are projected to decrease to roughly 7.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 78.25 | 82.16 | |
| Tangible Book Value Per Share | 46.81 | 49.15 | |
| Enterprise Value Over EBITDA | 10.86 | 7.26 | |
| Price Book Value Ratio | 2.69 | 1.38 | |
| Enterprise Value Multiple | 10.86 | 7.26 | |
| Price Fair Value | 2.69 | 1.38 | |
| Enterprise Value | 1.7 B | 1.8 B |
The decision-making processes within Alamo are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue 1.522 | Revenue 1.7 B | Quarterly Revenue Growth (0.04) | Revenue Per Share 138.895 | Return On Equity 0.1253 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Alamo insiders, such as employees or executives, is commonly permitted as long as it does not rely on Alamo's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Alamo insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Alamo Corporate Filings
F4 | 26th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 7th of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F3 | 5th of August 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Alamo Earnings Estimation Breakdown
The calculation of Alamo's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Alamo is estimated to be 2.400625 with the future projection ranging from a low of 2.3775 to a high of 2.4375. Please be aware that this consensus of annual earnings estimates for Alamo Group is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
2.38 Lowest | Expected EPS | 2.44 Highest |
Alamo Earnings Projection Consensus
Suppose the current estimates of Alamo's value are higher than the current market price of the Alamo stock. In this case, investors may conclude that Alamo is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Alamo's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
| 4 | 88.8% | 2.28 | 2.400625 | 9.93 |
Alamo Earnings History
Earnings estimate consensus by Alamo Group analysts from Wall Street is used by the market to judge Alamo's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Alamo's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Alamo Quarterly Gross Profit |
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Alamo Earnings per Share Projection vs Actual
Actual Earning per Share of Alamo refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Alamo Group predict the company's earnings will be in the future. The higher the earnings per share of Alamo, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Alamo Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Alamo, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Alamo should always be considered in relation to other companies to make a more educated investment decision.Alamo Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Alamo's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-10-31 | 2024-09-30 | 2.44 | 2.28 | -0.16 | 6 | ||
2024-07-31 | 2024-06-30 | 2.72 | 2.35 | -0.37 | 13 | ||
2024-05-02 | 2024-03-31 | 2.53 | 2.67 | 0.14 | 5 | ||
2024-02-22 | 2023-12-31 | 2.68 | 2.63 | -0.05 | 1 | ||
2023-11-02 | 2023-09-30 | 2.65 | 2.91 | 0.26 | 9 | ||
2023-08-02 | 2023-06-30 | 3.05 | 3.03 | -0.02 | 0 | ||
2023-05-04 | 2023-03-31 | 2.12 | 2.79 | 0.67 | 31 | ||
2023-02-23 | 2022-12-31 | 1.99 | 2.44 | 0.45 | 22 | ||
2022-11-03 | 2022-09-30 | 2.42 | 2.16 | -0.26 | 10 | ||
2022-08-03 | 2022-06-30 | 1.96 | 2.39 | 0.43 | 21 | ||
2022-05-04 | 2022-03-31 | 1.73 | 1.63 | -0.1 | 5 | ||
2022-02-24 | 2021-12-31 | 1.6 | 1.62 | 0.02 | 1 | ||
2021-11-03 | 2021-09-30 | 2.05 | 1.59 | -0.46 | 22 | ||
2021-08-04 | 2021-06-30 | 1.57 | 1.97 | 0.4 | 25 | ||
2021-05-05 | 2021-03-31 | 1.39 | 1.47 | 0.08 | 5 | ||
2021-02-25 | 2020-12-31 | 1.37 | 0.93 | -0.44 | 32 | ||
2020-10-28 | 2020-09-30 | 1.38 | 1.74 | 0.36 | 26 | ||
2020-07-29 | 2020-06-30 | 0.81 | 1.06 | 0.25 | 30 | ||
2020-05-06 | 2020-03-31 | 1.21 | 1.29 | 0.08 | 6 | ||
2020-02-27 | 2019-12-31 | 1.49 | 1.32 | -0.17 | 11 | ||
2019-10-30 | 2019-09-30 | 1.87 | 1.54 | -0.33 | 17 | ||
2019-07-31 | 2019-06-30 | 1.62 | 1.75 | 0.13 | 8 | ||
2019-05-01 | 2019-03-31 | 1.34 | 1.3 | -0.04 | 2 | ||
2019-02-28 | 2018-12-31 | 1.3 | 1.38 | 0.08 | 6 | ||
2018-10-31 | 2018-09-30 | 1.75 | 1.75 | 0.0 | 0 | ||
2018-08-01 | 2018-06-30 | 1.4 | 1.6 | 0.2 | 14 | ||
2018-05-03 | 2018-03-31 | 1.47 | 1.19 | -0.28 | 19 | ||
2018-03-01 | 2017-12-31 | 1.04 | 1.1 | 0.06 | 5 | ||
2017-10-31 | 2017-09-30 | 1.25 | 1.4 | 0.15 | 12 | ||
2017-08-02 | 2017-06-30 | 1.04 | 1.05 | 0.01 | 0 | ||
2017-05-03 | 2017-03-31 | 0.77 | 1.05 | 0.28 | 36 | ||
2017-03-07 | 2016-12-31 | 0.89 | 0.81 | -0.08 | 8 | ||
2016-11-03 | 2016-09-30 | 1.22 | 1.14 | -0.08 | 6 | ||
2016-08-04 | 2016-06-30 | 1 | 0.92 | -0.08 | 8 | ||
2016-05-04 | 2016-03-31 | 0.73 | 0.75 | 0.02 | 2 | ||
2016-03-03 | 2015-12-31 | 0.91 | 0.95 | 0.04 | 4 | ||
2015-11-04 | 2015-09-30 | 1.35 | 1.31 | -0.04 | 2 | ||
2015-08-05 | 2015-06-30 | 1.18 | 0.9 | -0.28 | 23 | ||
2015-05-06 | 2015-03-31 | 0.77 | 0.74 | -0.03 | 3 | ||
2015-03-04 | 2014-12-31 | 0.72 | 1.09 | 0.37 | 51 | ||
2014-11-05 | 2014-09-30 | 0.89 | 1.16 | 0.27 | 30 | ||
2014-08-07 | 2014-06-30 | 1.05 | 0.87 | -0.18 | 17 | ||
2014-05-06 | 2014-03-31 | 0.59 | 0.59 | 0.0 | 0 | ||
2014-03-06 | 2013-12-31 | 0.45 | 0.49 | 0.04 | 8 | ||
2013-11-07 | 2013-09-30 | 0.79 | 0.93 | 0.14 | 17 | ||
2013-08-01 | 2013-06-30 | 0.78 | 0.97 | 0.19 | 24 | ||
2013-05-01 | 2013-03-31 | 0.56 | 0.57 | 0.01 | 1 | ||
2013-03-06 | 2012-12-31 | 0.3 | 0.4 | 0.1 | 33 | ||
2012-11-06 | 2012-09-30 | 0.8 | 0.71 | -0.09 | 11 | ||
2012-08-01 | 2012-06-30 | 0.78 | 0.77 | -0.01 | 1 | ||
2012-05-02 | 2012-03-31 | 0.58 | 0.56 | -0.02 | 3 | ||
2012-03-07 | 2011-12-31 | 0.42 | 0.39 | -0.03 | 7 | ||
2010-05-05 | 2010-03-31 | 0.16 | 0.29 | 0.13 | 81 | ||
2010-03-08 | 2009-12-31 | 0.3 | 0.35 | 0.05 | 16 | ||
2009-11-04 | 2009-09-30 | 0.28 | 0.46 | 0.18 | 64 | ||
2009-08-05 | 2009-06-30 | 0.2 | 0.32 | 0.12 | 60 | ||
2009-05-06 | 2009-03-31 | 0.18 | 0.18 | 0.0 | 0 | ||
2009-03-04 | 2008-12-31 | 0.17 | 0.2 | 0.03 | 17 | ||
2008-11-05 | 2008-09-30 | 0.59 | 0.45 | -0.14 | 23 | ||
2008-08-06 | 2008-06-30 | 0.56 | 0.56 | 0.0 | 0 | ||
2008-05-06 | 2008-03-31 | 0.23 | 0.29 | 0.06 | 26 | ||
2008-03-04 | 2007-12-31 | 0.24 | 0.33 | 0.09 | 37 | ||
2007-10-31 | 2007-09-30 | 0.48 | 0.42 | -0.06 | 12 | ||
2007-08-01 | 2007-06-30 | 0.59 | 0.41 | -0.18 | 30 | ||
2007-05-02 | 2007-03-31 | 0.22 | 0.08 | -0.14 | 63 | ||
2007-03-05 | 2006-12-31 | 0.1 | 0.1 | 0.0 | 0 | ||
2006-11-01 | 2006-09-30 | 0.56 | 0.31 | -0.25 | 44 | ||
2006-08-03 | 2006-06-30 | 0.43 | 0.53 | 0.1 | 23 | ||
2006-05-03 | 2006-03-31 | 0.25 | 0.2 | -0.05 | 20 | ||
2006-02-28 | 2005-12-31 | 0.24 | 0.1 | -0.14 | 58 | ||
2004-11-04 | 2004-09-30 | 0.31 | 0.43 | 0.12 | 38 | ||
2003-11-05 | 2003-09-30 | 0.29 | 0.27 | -0.02 | 6 | ||
2003-08-05 | 2003-06-30 | 0.3 | 0.33 | 0.03 | 10 | ||
2003-05-06 | 2003-03-31 | 0.22 | 0.07 | -0.15 | 68 | ||
2003-02-20 | 2002-12-31 | 0.05 | -0.05 | -0.1 | 200 | ||
2002-11-06 | 2002-09-30 | 0.26 | 0.17 | -0.09 | 34 | ||
2002-05-08 | 2002-03-31 | 0.35 | 0.26 | -0.09 | 25 | ||
2002-02-20 | 2001-12-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2001-11-06 | 2001-09-30 | 0.35 | 0.39 | 0.04 | 11 | ||
2001-08-02 | 2001-06-30 | 0.44 | 0.36 | -0.08 | 18 | ||
2001-05-02 | 2001-03-31 | 0.29 | 0.3 | 0.01 | 3 | ||
2001-02-20 | 2000-12-31 | 0.14 | 0.07 | -0.07 | 50 | ||
2000-11-02 | 2000-09-30 | 0.35 | 0.38 | 0.03 | 8 | ||
2000-08-02 | 2000-06-30 | 0.48 | 0.43 | -0.05 | 10 | ||
2000-05-02 | 2000-03-31 | 0.21 | 0.28 | 0.07 | 33 | ||
2000-02-17 | 1999-12-31 | 0.08 | 0.08 | 0.0 | 0 | ||
1999-02-23 | 1998-12-31 | -0.01 | -0.03 | -0.02 | 200 | ||
1998-11-02 | 1998-09-30 | 0.42 | 0.21 | -0.21 | 50 | ||
1998-07-28 | 1998-06-30 | 0.52 | 0.46 | -0.06 | 11 | ||
1998-04-28 | 1998-03-31 | 0.31 | 0.2 | -0.11 | 35 | ||
1998-02-17 | 1997-12-31 | 0.18 | 0.02 | -0.16 | 88 | ||
1997-10-27 | 1997-09-30 | 0.49 | 0.5 | 0.01 | 2 | ||
1997-07-23 | 1997-06-30 | 0.52 | 0.54 | 0.02 | 3 | ||
1997-04-23 | 1997-03-31 | 0.25 | 0.34 | 0.09 | 36 | ||
1997-02-20 | 1996-12-31 | 0.21 | 0.01 | -0.2 | 95 | ||
1996-10-30 | 1996-09-30 | 0.46 | 0.43 | -0.03 | 6 | ||
1996-07-29 | 1996-06-30 | 0.46 | 0.44 | -0.02 | 4 | ||
1996-05-01 | 1996-03-31 | 0.29 | 0.24 | -0.05 | 17 | ||
1996-02-13 | 1995-12-31 | 0.21 | 0.21 | 0.0 | 0 | ||
1995-10-26 | 1995-09-30 | 0.43 | 0.41 | -0.02 | 4 | ||
1995-07-26 | 1995-06-30 | 0.43 | 0.46 | 0.03 | 6 | ||
1995-04-24 | 1995-03-31 | 0.27 | 0.28 | 0.01 | 3 | ||
1995-02-06 | 1994-12-31 | 0.2 | 0.22 | 0.02 | 10 | ||
1994-10-27 | 1994-09-30 | 0.38 | 0.4 | 0.02 | 5 | ||
1994-07-29 | 1994-06-30 | 0.34 | 0.35 | 0.01 | 2 | ||
1994-04-26 | 1994-03-31 | 0.33 | 0.23 | -0.1 | 30 | ||
1994-02-04 | 1993-12-31 | 0.18 | 0.16 | -0.02 | 11 | ||
1993-10-20 | 1993-09-30 | 0.31 | 0.3 | -0.01 | 3 | ||
1993-07-22 | 1993-06-30 | 0.3 | 0.32 | 0.02 | 6 |
Alamo Corporate Directors
| Richard Parod | Independent Director | Profile | |
| Eric Etchart | Independent Director | Profile | |
| Robert Bauer | Independent Director | Profile | |
| Tracy Jokinen | Independent Director | Profile |
Already Invested in Alamo Group?
The danger of trading Alamo Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alamo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alamo. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alamo Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alamo Group is a strong investment it is important to analyze Alamo'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 Alamo's future performance. For an informed investment choice regarding Alamo Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Construction Machinery & Heavy Transportation Equipment 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 Alamo. If investors know Alamo 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 Alamo 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 (0.22) | Dividend Share 1 | Earnings Share 9.93 | Revenue Per Share 138.895 | Quarterly Revenue Growth (0.04) |
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo'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 Alamo's market value can be influenced by many factors that don't directly affect Alamo'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 Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo'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.