What is Alta Equipment Group's price / earnings?

Alta Equipment Group (ALTG) reported price / earnings of 36.1× in Q3 2023.

How has Alta Equipment Group's price / earnings changed year-over-year?

Alta Equipment Group's price / earnings decreased by 2.7% year-over-year, from 37.2× to 36.1×.

What does price / earnings mean?

Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.

Alta Equipment Group ALTG Price / earnings

Price / earnings at other companies

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18.3×+2.2×

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19.8×+1.2×

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10.1×+4.8×

TerexTEX

60.5×+50.5×

Hyster-Yale Materials Handling, Inc.HY

241.9×+235×

Columbus McKinnon CorporationCMCO

82.4×-31.8×

Other financials

Income statement

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Revenue$410.5M-3.0%

Gross profit$109.3M-5.0%

Operating income-$5.7M-813%

Net income-$19.5M+6.7%

EPS (diluted)-$0.62+4.6%

Balance sheet

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Cash & equivalents$23.9M+115%

Total debt$646.4M-1.8%

Total equity-$28.3M-151%

Total assets$1.3B-11.3%

Cash flow

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Operating cash flow$20.8M+219%

CapEx$3.0M+76.5%

Free cash flow$17.8M+193%

Valuation

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Market cap$201.39M-4.7%

Enterprise value$823.89M-3.6%

P/S0.1×0.0×

Profitability

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Gross margin25.7%-0.6pp

Operating margin0.9%-0.2pp

Net margin-4.3%+0.7pp

FCF margin3.3%+1.2pp

Returns & leverage

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Return on equity-160.6%—

Debt / equity225.1×+218×

Current ratio1.4×0.0×

Where this comes from

Calculated from Alta Equipment Group’s reported figures.

market cap/net income=36.1×

Based on the most recent quarter.

The official record: Alta Equipment Group’s 10-Q, filed November 8, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alta Equipment Group's price / earnings?: Alta Equipment Group (ALTG) reported price / earnings of 36.1× in Q3 2023.
How has Alta Equipment Group's price / earnings changed year-over-year?: Alta Equipment Group's price / earnings decreased by 2.7% year-over-year, from 37.2× to 36.1×.
What does price / earnings mean?: Market capitalization at the quarter end divided by trailing-twelve-month net income. The price the market pays for each dollar of trailing earnings.