Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Alta Equipment GroupALTG +2.08%75 Debt-to-EBITDA is 11.07 as of Mar. 2026, which is 66% above its 10-year median of 6.68. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.56 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 835 Business Services companies, Alta Equipment Group ranks worse than 90.9% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Alta Equipment Group's Debt-to-EBITDA or its related term are showing as below:
ALTG'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.97 Med: 6.68 Max: 7.54
Current: 7.54
During the past 9 years, the highest Debt-to-EBITDA Ratio of Alta Equipment Group was 7.54. The lowest was 5.97. And the median was 6.68.
ALTG's Debt-to-EBITDA is ranked worse than 90.9% of 835
companies
in the Business Services industry
Industry Median: 1.64
vs ALTG: 7.54
Alta Equipment Group (NYSE:ALTG) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Alta Equipment Group Debt-to-EBITDA Related Terms
Alta Equipment Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Alta Equipment Group's Debt-to-EBITDA 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.
ALTG vs MWG, AIHS, AITX: Debt-to-EBITDA Comparison
For the Rental & Leasing Services subindustry, Alta Equipment Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alta Equipment Group Debt-to-EBITDA vs Business Services Industry
For the Business Services industry and Industrials sector, Alta Equipment Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Alta Equipment Group's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Alta Equipment Group (ALTG) has a Debt-to-EBITDA of 11.07 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Alta Equipment Group. This is 66% above median its historical median of 6.68. Over the past decade, Alta Equipment Group's Debt-to-EBITDA has ranged from 5.97 to 7.54. According to the industry distribution chart, Alta Equipment Group ranks #759 out of 835 companies in the Business Services industry, placing it in the top 90.9%.
Is Alta Equipment Group's Debt-to-EBITDA too high?
Alta Equipment Group's current Debt-to-EBITDA of 11.07 is 66% above median its 10-year median of 6.68. Over the past 10 years, this metric has ranged from a low of 5.97 to a high of 7.54. The Business Services industry median Debt-to-EBITDA is 1.64. Alta Equipment Group's value of 11.07 is 575% above this industry median. Based on the distribution chart, Alta Equipment Group ranks #759 out of 835 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Alta Equipment Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alta Equipment Group's Debt-to-EBITDA compare to MWG and AIHS?
According to the Business Services industry distribution chart, Alta Equipment Group ranks #759 out of 835 companies for Debt-to-EBITDA. This places Alta Equipment Group in the lower half of its industry. The industry median Debt-to-EBITDA is 1.64. Alta Equipment Group's value of 11.07 is 575% above this benchmark. Historically, Alta Equipment Group's own Debt-to-EBITDA has ranged from 5.97 to 7.54 over the past decade. While the company's 10-year median is 6.68 vs. the industry median of 1.64, Alta Equipment Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.64, based on 835 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alta Equipment Group's current Debt-to-EBITDA of 11.07 is 575% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Alta Equipment Group. For the Business Services industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alta Equipment Group's current Debt-to-EBITDA is 11.07, which is 66% above median its own 10-year median of 6.68. 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 Modestly Undervalued. The stock's GF Value™ is $7.56, compared to a current price of $6.37 — trading 15.7% below its estimated fair value. The current Debt-to-EBITDA is 11.07, which is 66% above median its 10-year median of 6.68 and 575% above the Business Services industry median of 1.64. Alta Equipment Group's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current Debt-to-EBITDA is 11.07 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 undervalued.
The current stock price of $6.37 is trading 15.7% below its estimated GF Value™ of $7.56.
GuruFocus considers Alta Equipment Group to be Modestly Undervalued.
Key valuation signals for ALTG:
Debt-to-EBITDA: 11.07 (66% above median its 10-year median of 6.68)
GF Value™: $7.56 vs. price of $6.37 (15.7% below fair value)
Industry Position: 575% above the Business Services median (#759 of 835)
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 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
Get the complete analysis for ALTG
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ALTG has been successfully added to your 
