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Alta Equipment Group Inc
NYSE:ALTG

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Alta Equipment Group Inc Logo
Alta Equipment Group Inc
NYSE:ALTG
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Price: 11.44 USD -2.47%
Updated: Apr 26, 2024

Relative Value

The Relative Value of one ALTG stock under the Base Case scenario is 47.36 USD. Compared to the current market price of 11.44 USD, Alta Equipment Group Inc is Undervalued by 76%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ALTG Relative Value
Base Case
47.36 USD
Undervaluation 76%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
83
vs Industry
79
Median 3Y
0.3
Median 5Y
0.3
Industry
0.7
Forward
0.2
vs History
30
vs Industry
6
Median 3Y
51.2
Median 5Y
-9.2
Industry
13.6
Forward
37.6
vs History
48
vs Industry
43
Median 3Y
14.5
Median 5Y
5.6
Industry
7.9
vs History
vs Industry
Median 3Y
7.6
Median 5Y
-3.4
Industry
13.2
vs History
51
vs Industry
21
Median 3Y
2.8
Median 5Y
2.5
Industry
1.2
vs History
75
vs Industry
44
Median 3Y
0.8
Median 5Y
0.8
Industry
0.9
Forward
0.7
vs History
72
vs Industry
54
Median 3Y
3
Median 5Y
3.1
Industry
4.1
vs History
79
vs Industry
41
Median 3Y
8.5
Median 5Y
9
Industry
8.6
Forward
6.5
vs History
56
vs Industry
14
Median 3Y
27.6
Median 5Y
26.1
Industry
11.1
Forward
20.9
vs History
48
vs Industry
14
Median 3Y
36.2
Median 5Y
21.6
Industry
8.9
vs History
vs Industry
Median 3Y
-27.5
Median 5Y
-27.6
Industry
10.3
vs History
87
vs Industry
40
Median 3Y
1.1
Median 5Y
1.1
Industry
0.9

Multiples Across Competitors

ALTG Competitors Multiples
Alta Equipment Group Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Alta Equipment Group Inc
NYSE:ALTG
360.4m USD 0.2 61.1 7.4 25.5
JP
Mitsubishi Corp
TSE:8058
14.6T JPY 0.7 15.8 12.7 22.9
JP
Mitsui & Co Ltd
TSE:8031
11.3T JPY 0.9 11.1 16.4 24.7
JP
Itochu Corp
TSE:8001
10T JPY 0.7 13.7 11.2 17.9
US
W W Grainger Inc
NYSE:GWW
46.5B USD 2.8 25.4 17.2 18.6
US
United Rentals Inc
NYSE:URI
46.4B USD 3.2 19.1 8.5 14.6
UK
Ferguson PLC
LSE:FERG
34.9B GBP 1.5 24.7 119.2 134.5
IN
Adani Enterprises Ltd
NSE:ADANIENT
3.5T INR 3.3 99.8 34.3 46.5
US
Fastenal Co
NASDAQ:FAST
39.2B USD 5.3 33.8 23 25.7
UK
Ashtead Group PLC
LSE:AHT
26B GBP 3 20 205.9 341
JP
Sumitomo Corp
TSE:8053
4.8T JPY 0.7 9.5 12.1 18.4

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