Alta Equipment Group Inc. (ALTG) intrinsic value & 10-year financials

Alta Equipment Group Inc. (ALTG) has a Graham intrinsic value of $5.98 per share. At $5.94 on Oct 17, 2026, the stock trades 1% below that value. Over the last 9 fiscal years revenue grew 22.0% a year to $1.8B, with an average return on invested capital of 2.9%.

Graham intrinsic value
$5.98
Share price (Oct 17, 2026)
$5.94
Price vs Graham value
1% below
Market cap
$194.3M
Revenue (FY2025)
$1.8B
Revenue growth (9-yr CAGR)
22.0%
ROIC (10-yr avg)
2.9%
Free cash flow (FY2025)
$23.8M

ALTG 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $1.8B -$80.3M -$2.55 $23.8M 1.3% 3.2%
FY2024 $1.9B -$62.1M -$1.96 $41.6M 1.0% 2.3%
FY2023 $1.9B $8.9M $0.18 $51.4M 2.9% 7.5%
FY2022 $1.6B $9.3M $0.20 $13.2M 2.6% 5.8%
FY2021 $1.2B -$20.8M -$0.74 $22.6M 1.5% 4.3%
FY2020 $873.6M -$24.0M -$0.90 -$42.8M -0.9% -3.2%
FY2019 $557.4M $8.9K — -$3.2M -0.3% -1.0%
FY2018 — -$1.1K — — — 4.2%
FY2017 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

ALTA EQUIPMENT GROUP INC. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

ALTA EQUIPMENT GROUP INC. has historically struggled to out-earn its cost of capital, averaging just 2.7% ROIC.

ALTA EQUIPMENT GROUP INC. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, ALTA EQUIPMENT GROUP INC. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $5.98 per share.

ALTG stock: frequently asked questions

What is the intrinsic value of Alta Equipment Group Inc. (ALTG) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, ALTG's intrinsic value is about $5.98 per share.

Is ALTG stock undervalued?

At $5.94 (close on Oct 17, 2026), ALTG trades 1% below its Graham value of $5.98. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

Does Alta Equipment Group Inc. generate free cash flow?

Alta Equipment Group Inc. generated $23.8M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 5 of the last 7 reported years.

What is ALTG's return on invested capital?

Average ROIC over the last 9 fiscal years was 2.9%, and average return on equity was -38.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this ALTG data come from?

From Alta Equipment Group Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Aug 6, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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