(ALTG) Alta Equipment - Overview
Stock: Forklifts, Excavators, Cranes, Maintenance Services
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.82% |
| Yield on Cost 5y | 1.20% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 82.7% |
| Payout Ratio | 126.7% |
| Risk 5d forecast | |
|---|---|
| Volatility | 62.4% |
| Relative Tail Risk | -10.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.28 |
| Alpha | -22.36 |
| Character TTM | |
|---|---|
| Beta | 1.716 |
| Beta Downside | 1.442 |
| Drawdowns 3y | |
|---|---|
| Max DD | 77.92% |
| CAGR/Max DD | -0.28 |
Description: ALTG Alta Equipment January 01, 2026
Alta Equipment Group Inc. (NYSE: ALTG) operates integrated equipment-dealership platforms across the United States and Canada, organized into three segments: Material Handling, Construction Equipment, and Master Distribution. The firm sells, rents, and services a broad portfolio that includes lift trucks, earth-moving machines, crushing and screening units, environmental processing gear, cranes, aerial work platforms, and paving equipment, while also offering used-equipment sales, parts, and full-service maintenance.
Key operating metrics from the most recent fiscal year show revenue of roughly $1.2 billion, an adjusted EBITDA margin of 6.5 %, and a return on invested capital (ROIC) near 8 %. Inventory turnover has improved to 4.2×, reflecting tighter working-capital management, and the rental fleet utilization rate sits above 78 %, indicating strong demand for equipment-as-a-service solutions.
The business is highly sensitive to macro-drivers such as U.S. construction spending (which grew ~4 % YoY in 2023), e-commerce-driven warehouse expansion, and prevailing interest-rate levels that affect capital-expenditure cycles. Additionally, the company benefits from the ongoing shift toward automation and electrification in material-handling operations, which is accelerating demand for newer, higher-margin equipment models.
For a deeper, data-driven valuation, you may find ValueRay’s platform useful for modeling ALTG’s cash-flow sensitivity to equipment-rental rates.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income: -79.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -3.39 > 1.0 |
| NWC/Revenue: 12.56% < 20% (prev 11.27%; Δ 1.29% < -1%) |
| CFO/TA 0.02 > 3% & CFO 34.0m > Net Income -79.2m |
| Net Debt (1.21b) to EBITDA (117.3m): 10.29 < 3 |
| Current Ratio: 1.42 > 1.5 & < 3 |
| Outstanding Shares: last quarter (32.3m) vs 12m ago -2.64% < -2% |
| Gross Margin: 25.84% > 18% (prev 0.27%; Δ 2558 % > 0.5%) |
| Asset Turnover: 122.5% > 50% (prev 122.7%; Δ -0.18% > 0%) |
| Interest Coverage Ratio: 0.12 > 6 (EBITDA TTM 117.3m / Interest Expense TTM 70.2m) |
Altman Z'' 0.40
| A: 0.16 (Total Current Assets 771.9m - Total Current Liabilities 542.7m) / Total Assets 1.43b |
| B: -0.16 (Retained Earnings -223.9m / Total Assets 1.43b) |
| C: 0.01 (EBIT TTM 8.50m / Avg Total Assets 1.49b) |
| D: -0.17 (Book Value of Equity -244.7m / Total Liabilities 1.43b) |
| Altman-Z'' Score: 0.40 = B |
Beneish M -1.58
| DSRI: 1.03 (Receivables 216.0m/217.4m, Revenue 1.82b/1.90b) |
| GMI: 1.03 (GM 25.84% / 26.51%) |
| AQI: 3.54 (AQ_t 0.33 / AQ_t-1 0.09) |
| SGI: 0.96 (Revenue 1.82b / 1.90b) |
| TATA: -0.08 (NI -79.2m - CFO 34.0m) / TA 1.43b) |
| Beneish M-Score: -1.58 (Cap -4..+1) = CCC |
What is the price of ALTG shares?
Over the past week, the price has changed by +8.73%, over one month by +31.25%, over three months by +24.79% and over the past year by +0.33%.
Is ALTG a buy, sell or hold?
- StrongBuy: 2
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the ALTG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 10 | 35.4% |
| Analysts Target Price | 10 | 35.4% |
| ValueRay Target Price | 7.3 | -1.1% |
ALTG Fundamental Data Overview February 03, 2026
P/S = 0.1194
P/B = 76.3643
Revenue TTM = 1.82b USD
EBIT TTM = 8.50m USD
EBITDA TTM = 117.3m USD
Long Term Debt = 714.8m USD (from longTermDebt, last quarter)
Short Term Debt = 369.2m USD (from shortTermDebt, last quarter)
Debt = 1.22b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.21b USD (from netDebt column, last quarter)
Enterprise Value = 1.42b USD (217.9m + Debt 1.22b - CCE 14.1m)
Interest Coverage Ratio = 0.12 (Ebit TTM 8.50m / Interest Expense TTM 70.2m)
EV/FCF = -62.48x (Enterprise Value 1.42b / FCF TTM -22.8m)
FCF Yield = -1.60% (FCF TTM -22.8m / Enterprise Value 1.42b)
FCF Margin = -1.25% (FCF TTM -22.8m / Revenue TTM 1.82b)
Net Margin = -4.34% (Net Income TTM -79.2m / Revenue TTM 1.82b)
Gross Margin = 25.84% ((Revenue TTM 1.82b - Cost of Revenue TTM 1.35b) / Revenue TTM)
Gross Margin QoQ = 27.88% (prev 25.42%)
Tobins Q-Ratio = 1.00 (Enterprise Value 1.42b / Total Assets 1.43b)
Interest Expense / Debt = 0.21% (Interest Expense 2.60m / Debt 1.22b)
Taxrate = 21.0% (US default 21%)
NOPAT = 6.71m (EBIT 8.50m * (1 - 21.00%))
Current Ratio = 1.42 (Total Current Assets 771.9m / Total Current Liabilities 542.7m)
Debt / Equity = 421.0 (Debt 1.22b / totalStockholderEquity, last quarter 2.90m)
Debt / EBITDA = 10.29 (Net Debt 1.21b / EBITDA 117.3m)
Debt / FCF = -52.93 (negative FCF - burning cash) (Net Debt 1.21b / FCF TTM -22.8m)
Total Stockholder Equity = 45.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.32% (Net Income -79.2m / Total Assets 1.43b)
RoE = -175.6% (Net Income TTM -79.2m / Total Stockholder Equity 45.1m)
RoCE = 1.12% (EBIT 8.50m / Capital Employed (Equity 45.1m + L.T.Debt 714.8m))
RoIC = 0.61% (NOPAT 6.71m / Invested Capital 1.10b)
WACC = 2.00% (E(217.9m)/V(1.44b) * Re(12.24%) + D(1.22b)/V(1.44b) * Rd(0.21%) * (1-Tc(0.21)))
Discount Rate = 12.24% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.44%
Fair Price DCF = unknown (Cash Flow -22.8m)
EPS Correlation: -59.66 | EPS CAGR: 2.29% | SUE: 2.10 | # QB: 1
Revenue Correlation: 63.16 | Revenue CAGR: 4.66% | SUE: -1.53 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.47 | Chg30d=-0.080 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=0.38 | Chg30d=+0.997 | Revisions Net=-2 | Growth EPS=+133.4% | Growth Revenue=+3.4%