ALTG (Alta Equipment Group) Construction In Progress: $7 Mil (As of Mar. 2026)


ALTG Alta Equipment Group Inc ALTG
75 GF Score
Price $7.56
GF Value $7.53
Valuation Fairly Valued
! 8 Warning Signs
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What is Alta Equipment Group Construction In Progress?

Alta Equipment Group ALTG +4.93% 75 Construction In Progress is $7 Mil as of Mar. 2026. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.53 (Fairly Valued). The stock has 8 warning signs investors should review.

Alta Equipment Group's quarterly construction in progress declined from Sep. 2025 ($10 Mil) to Dec. 2025 ($8 Mil) and declined from Dec. 2025 ($8 Mil) to Mar. 2026 ($7 Mil).

Alta Equipment Group's annual construction in progress increased from Dec. 2023 ($6 Mil) to Dec. 2024 ($7 Mil) and increased from Dec. 2024 ($7 Mil) to Dec. 2025 ($8 Mil).

Alta Equipment Group Construction In Progress Historical Data

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The historical data trend for Alta Equipment Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alta Equipment Group Construction In Progress Chart

Alta Equipment Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 0.20 4.30 6.10 7.00 8.20

Alta Equipment Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.60 7.10 10.00 8.20 7.40
ALTG
75GF Score
Alta Equipment Group Inc ALTG
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Alta Equipment Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $7 Mil mean?
Alta Equipment Group (ALTG) has a Construction In Progress of $7 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Alta Equipment Group and its competitors.
Is Alta Equipment Group's Construction In Progress too high?
Alta Equipment Group's current Construction In Progress is $7 Mil. Overall, Alta Equipment Group has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alta Equipment Group's Construction In Progress compare to DWAY and MWG?
Alta Equipment Group's Construction In Progress of $7 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Business Services company?
A good Construction In Progress depends on the Business Services industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Alta Equipment Group and its competitors. Alta Equipment Group's current Construction In Progress is $7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alta Equipment Group stock overvalued right now?
Based on GuruFocus' analysis, Alta Equipment Group (ALTG) is currently considered Fairly Valued. The stock's GF Value™ is $7.53, compared to a current price of $7.56 — trading 0.3% above its estimated fair value. The current Construction In Progress is $7 Mil. Alta Equipment Group's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current Construction In Progress is $7 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alta Equipment Group (ALTG) Overvalued in 2026?

Based on GuruFocus' analysis, Alta Equipment Group stock appears to be overvalued. The current stock price of $7.56 is trading 0.3% above its estimated GF Value™ of $7.53. GuruFocus considers Alta Equipment Group to be Fairly Valued.

Key valuation signals for ALTG:

  • Construction In Progress: $7 Mil
  • GF Value™: $7.53 vs. price of $7.56 (0.3% above fair value)
  • GF Score™: 75/100 with 8 warning signs

No single metric tells the full story. See the ALTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Alta Equipment Group Business Description

Other Exchanges ALTGpA.PFD:USA
Address 13211 Merriman Road, Livonia, MI, USA, 48150
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, Pennsylvania, New York, Florida and throughout the New England States, and The Master Distribution segment is engaged in environmental processing equipment distribution with sub dealers throughout the United States and Canada.
75GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.56
Price
$7.53
GF Value