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Alta Equipment Group Inc. (ALTG)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISINUS02128L1061
CUSIP02128L106
SectorIndustrials
IndustryRental & Leasing Services
IPO DateApr 25, 2019

Highlights

Market Cap$218.41M
EPS (TTM)-$0.64
Total Revenue (TTM)$1.45B
Gross Profit (TTM)$365.00M
EBITDA (TTM)$130.10M
Year Range$5.35 - $13.44
Target Price$15.50
Short %12.12%
Short Ratio12.07

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Alta Equipment Group Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-43.41%
10.58%
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

Returns By Period

Alta Equipment Group Inc. had a return of -42.44% year-to-date (YTD) and -30.85% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date-42.44%20.10%
1 month3.45%-0.39%
6 months-42.59%11.72%
1 year-30.85%31.44%
5 years (annualized)-5.89%13.30%
10 years (annualized)N/A10.96%

Monthly Returns

The table below presents the monthly returns of ALTG, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-8.71%7.85%12.80%-14.21%-23.52%-4.74%30.60%-35.17%-0.00%-3.56%-42.44%
202328.51%11.34%-15.74%-10.79%-3.36%27.33%-6.81%-11.54%-15.25%-23.80%4.35%29.66%-4.66%
2022-6.90%-7.48%-1.98%-8.98%-4.27%-16.71%25.31%5.17%-6.46%11.08%-1.12%9.55%-9.12%
2021-3.95%11.80%22.53%-1.15%14.09%-9.34%-5.27%5.32%3.54%5.10%1.25%0.21%48.18%
20202.30%-13.97%-51.53%22.48%28.11%15.97%-2.19%9.87%-6.23%-2.68%18.90%9.05%-1.30%
20190.00%0.99%-0.47%0.21%0.61%0.92%-0.40%0.61%0.70%3.20%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ALTG is 23, indicating that it is in the bottom 23% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of ALTG is 2323
Combined Rank
The Sharpe Ratio Rank of ALTG is 2323Sharpe Ratio Rank
The Sortino Ratio Rank of ALTG is 2323Sortino Ratio Rank
The Omega Ratio Rank of ALTG is 2323Omega Ratio Rank
The Calmar Ratio Rank of ALTG is 2222Calmar Ratio Rank
The Martin Ratio Rank of ALTG is 2525Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Alta Equipment Group Inc. (ALTG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ALTG
Sharpe ratio
The chart of Sharpe ratio for ALTG, currently valued at -0.36, compared to the broader market-4.00-2.000.002.004.00-0.36
Sortino ratio
The chart of Sortino ratio for ALTG, currently valued at -0.11, compared to the broader market-4.00-2.000.002.004.00-0.11
Omega ratio
The chart of Omega ratio for ALTG, currently valued at 0.99, compared to the broader market0.501.001.502.000.99
Calmar ratio
The chart of Calmar ratio for ALTG, currently valued at -0.33, compared to the broader market0.002.004.006.00-0.33
Martin ratio
The chart of Martin ratio for ALTG, currently valued at -0.74, compared to the broader market0.0010.0020.0030.00-0.74
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.88, compared to the broader market-4.00-2.000.002.004.002.88
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.82, compared to the broader market-4.00-2.000.002.004.003.82
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.54, compared to the broader market0.501.001.502.001.54
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 3.52, compared to the broader market0.002.004.006.003.52
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.62, compared to the broader market0.0010.0020.0030.0018.62

Sharpe Ratio

The current Alta Equipment Group Inc. Sharpe ratio is -0.36. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Alta Equipment Group Inc. with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.36
2.88
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

Dividends

Dividend History

Alta Equipment Group Inc. provided a 12.92% dividend yield over the last twelve months, with an annual payout of $0.85 per share.


0.80%1.00%1.20%1.40%1.60%1.80%$0.00$0.05$0.10$0.15$0.2020222023
Dividends
Dividend Yield
PeriodTTM20232022
Dividend$0.85$0.23$0.11

Dividend yield

12.92%1.84%0.86%

Monthly Dividends

The table displays the monthly dividend distributions for Alta Equipment Group Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.63$0.06$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.00$0.80
2023$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.23
2022$0.06$0.00$0.00$0.06$0.00$0.11

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%12.9%
Alta Equipment Group Inc. has a dividend yield of 12.92%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%800.0%126.7%
Alta Equipment Group Inc. has a payout ratio of 126.67%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-63.67%
-2.32%
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Alta Equipment Group Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Alta Equipment Group Inc. was 69.54%, occurring on Aug 13, 2024. The portfolio has not yet recovered.

The current Alta Equipment Group Inc. drawdown is 63.67%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-69.54%Mar 9, 2023360Aug 13, 2024
-64.62%Feb 20, 202020Mar 18, 2020204Jan 7, 2021224
-48.15%Nov 15, 2021159Jul 5, 2022145Jan 31, 2023304
-20.21%May 25, 202150Aug 4, 202164Nov 3, 2021114
-11.56%Jan 8, 202115Jan 29, 20216Feb 8, 202121

Volatility

Volatility Chart

The current Alta Equipment Group Inc. volatility is 16.04%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JuneJulyAugustSeptemberOctoberNovember
16.04%
3.23%
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Alta Equipment Group Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Alta Equipment Group Inc..


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Income Statement


Income Statement
Balance Sheet
Cash Flow
Annual
Quarterly

TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items