ALTG Valuation

Alta Equipment Group Inc

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7.340

+0.19(2.657%)1D

Overview
Forecast
Valuation
Earnings

ALTG Relative Valuation

ALTG's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, ALTG is overvalued; if below, it's undervalued.

Historical Valuation

Alta Equipment Group Inc (ALTG) is now in the Undervalued zone, suggesting that its current forward PS ratio of 0.13 is considered Undervalued compared with the five-year average of 50.50. The fair price of Alta Equipment Group Inc (ALTG) is between 13.59 to 21.56 according to relative valuation methord. Compared to the current price of 7.29 USD , Alta Equipment Group Inc is Undervalued By 46.39%.

Relative Value

Fair Zone

13.59-21.56

Current Price：7.29

46.39%

Undervalued

-6.71

Trailing

Forward

8.12

EV/EBITDA

Alta Equipment Group Inc. (ALTG) has a current EV/EBITDA of 8.12. The 5-year average EV/EBITDA is 7.48. The thresholds are as follows: Strongly Undervalued below 6.06, Undervalued between 6.06 and 6.77, Fairly Valued between 8.19 and 6.77, Overvalued between 8.19 and 8.90, and Strongly Overvalued above 8.90. The current Forward EV/EBITDA of 8.12 falls within the Historic Trend Line -Fairly Valued range.

32.63

EV/EBIT

Alta Equipment Group Inc. (ALTG) has a current EV/EBIT of 32.63. The 5-year average EV/EBIT is 35.72. The thresholds are as follows: Strongly Undervalued below 17.62, Undervalued between 17.62 and 26.67, Fairly Valued between 44.76 and 26.67, Overvalued between 44.76 and 53.81, and Strongly Overvalued above 53.81. The current Forward EV/EBIT of 32.63 falls within the Historic Trend Line -Fairly Valued range.

0.13

Alta Equipment Group Inc. (ALTG) has a current PS of 0.13. The 5-year average PS is 0.23. The thresholds are as follows: Strongly Undervalued below 0.06, Undervalued between 0.06 and 0.14, Fairly Valued between 0.32 and 0.14, Overvalued between 0.32 and 0.40, and Strongly Overvalued above 0.40. The current Forward PS of 0.13 falls within the Undervalued range.

5.65

P/OCF

Alta Equipment Group Inc. (ALTG) has a current P/OCF of 5.65. The 5-year average P/OCF is 11.58. The thresholds are as follows: Strongly Undervalued below -43.84, Undervalued between -43.84 and -16.13, Fairly Valued between 39.29 and -16.13, Overvalued between 39.29 and 66.99, and Strongly Overvalued above 66.99. The current Forward P/OCF of 5.65 falls within the Historic Trend Line -Fairly Valued range.

-4.63

P/FCF

Alta Equipment Group Inc. (ALTG) has a current P/FCF of -4.63. The 5-year average P/FCF is 11.86. The thresholds are as follows: Strongly Undervalued below -56.77, Undervalued between -56.77 and -22.46, Fairly Valued between 46.17 and -22.46, Overvalued between 46.17 and 80.49, and Strongly Overvalued above 80.49. The current Forward P/FCF of -4.63 falls within the Historic Trend Line -Fairly Valued range.

Alta Equipment Group Inc (ALTG) has a current Price-to-Book (P/B) ratio of 5.22. Compared to its 3-year average P/B ratio of 2.94 , the current P/B ratio is approximately 77.54% higher. Relative to its 5-year average P/B ratio of 2.87, the current P/B ratio is about 82.14% higher. Alta Equipment Group Inc (ALTG) has a Forward Free Cash Flow (FCF) yield of approximately 12.92%. Compared to its 3-year average FCF yield of -4.24%, the current FCF yield is approximately -404.52% lower. Relative to its 5-year average FCF yield of -7.46% , the current FCF yield is about -273.10% lower.

5.22

P/B

Median3y

2.94

Median5y

2.87

12.92

FCF Yield

Median3y

-4.24

Median5y

-7.46

Competitors Valuation Multiple

The average P/S ratio for ALTG's competitors is 0.53, providing a benchmark for relative valuation. Alta Equipment Group Inc Corp (ALTG) exhibits a P/S ratio of 0.13, which is -76.18% above the industry average. Given its robust revenue growth of -1.41%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

ALTG.N

Alta Equipment Group Inc

Uni-Fuels Holdings Ltd

Performance Decomposition

Market capitalization of ALTG increased by 7.75% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -2.26 to -3.54.

The secondary factor is the Revenue Growth, contributed -1.41%to the performance.

Overall, the performance of ALTG in the past 1 year is driven by P/E Change. Which is more unsustainable.

-1.41%

488.10M → 481.20M

Revenue Growth

-47.95%

-2.44 → -1.27

Margin Expansion

57.11%

-2.26 → -3.54

P/E Change

7.75%