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Alta Equipment Group Inc (NYSE:ALTG)

10.64 USD +0.25 USD ( +2.41% )
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Alta Equipment Group Inc
NYSE:ALTG
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Relative Value

The Relative Value of one ALTG stock under the Base Case scenario is 42.4 USD. Compared to the current market price of 10.64 USD, Alta Equipment Group Inc is Undervalued by 75%.

Relative valuation is one of two methods of placing a monetary value on a company; the other is Discounted Cash Flow valuation method. We use a combination of these two methods to calculate the Intrinsic Value of stock as accurately as possible.

ALTG Relative Value
Base Case
42.4 USD
Undervaluation 75%
Relative Value
Price
Bear Case
Base Case
Bull Case

Valuation Multiples

Multiples Across Competitors

ALTG Competitors Multiples
Alta Equipment Group Inc Competitors

Country Company Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Alta Equipment Group Inc
NYSE:ALTG
344M USD 0.3 20.6 7.6 34.8
JP
Mitsubishi Corp
TSE:8058
6.6T JPY 0.4 7 6.6 10.6
JP
Itochu Corp
TSE:8001
5.4T JPY 0.4 6.6 7.8 13.1
JP
Mitsui & Co Ltd
TSE:8031
5T JPY 0.4 5.5 8.1 11.9
US
Fastenal Co
NASDAQ:FAST
31.2B USD 4.9 31.7 21.3 24.1
UK
Ferguson PLC
LSE:FERG
21B GBP 0.8 10.2 84.1 92.7

See Also

Other Stocks