ALTX (Altex Industries) EBIT: $-0.23 Mil (TTM As of Mar. 2026)

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ALTX Altex Industries Inc ALTX
21 GF Score
Price $0.20
GF Value $0.10
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Altex Industries EBIT?

Altex Industries ALTX 21 EBIT is $-0.23 Mil as of Mar. 2026. GuruFocus rates ALTX with a GF Score™ of 21/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Altex Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.07 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.23 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Altex Industries's annualized ROC % for the quarter that ended in Mar. 2026 was -141.30%. Altex Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -164.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Altex Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 225.00%.


Altex Industries  (OTCPK:ALTX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Altex Industries's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-0.272 * ( 1 - 0% )/( (0.196 + 0.189)/ 2 )
=-0.272/0.1925
=-141.30 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Altex Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.272/( ( (0.169 + max(-1.223, 0)) + (0.162 + max(-1.235, 0)) )/ 2 )
=-0.272/( ( 0.169 + 0.162 )/ 2 )
=-0.272/0.1655
=-164.35 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + 0.016) - (1.242 + 0 + 0)
=-1.223

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.003 + 0 + 0.0079999999999996) - (1.246 + 0 + 0)
=-1.235

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Altex Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-0.225/-0.100
=225.00 %

* 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.


Altex Industries EBIT Related Terms


Altex Industries EBIT Historical Data

* Premium members only.

The historical data trend for Altex Industries's EBIT 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.

Altex Industries EBIT Chart

Altex Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 -0.16 -0.24 -0.22 -0.31

Altex Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 -0.06 -0.04 -0.06 -0.06 -0.07

ALTX vs CRCE, FECOF, ROYL: EBIT Comparison

For the Oil & Gas E&P subindustry, Altex Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Altex Industries EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Altex Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Altex Industries's EV-to-EBIT falls into.


ALTX
21GF Score
Altex Industries Inc ALTX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Altex Industries EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.23 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-0.23 Mil mean?
Altex Industries (ALTX) has a EBIT of $-0.23 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Altex Industries.
Is Altex Industries' EBIT too high?
Altex Industries' current EBIT is $-0.23 Mil. Overall, Altex Industries has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' EBIT compare to CRCE and FECOF?
Altex Industries' EBIT of $-0.23 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Altex Industries. Altex Industries's current EBIT is $-0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altex Industries stock overvalued right now?
Based on GuruFocus' analysis, Altex Industries (ALTX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.20 — trading 100% above its estimated fair value. The current EBIT is $-0.23 Mil. Altex Industries' overall GF Score™ is 21/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Altex Industries (ALTX), the current EBIT is $-0.23 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 Altex Industries (ALTX) Overvalued in 2026?

Based on GuruFocus' analysis, Altex Industries stock appears to be overvalued. The current stock price of $0.20 is trading 100% above its estimated GF Value™ of $0.10. GuruFocus considers Altex Industries to be Significantly Overvalued.

Key valuation signals for ALTX:

  • EBIT: $-0.23 Mil
  • GF Value™: $0.10 vs. price of $0.20 (100% above fair value)
  • GF Score™: 21/100 with 4 warning signs

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


Altex Industries Business Description

Industry EnergyOil & Gas
Address 700 Colorado Boulevard, Suite 273, Denver, CO, USA, 80206-4084
Altex Industries Inc. is a USA-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and the completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
21GF Score

Get the complete analysis for ALTX

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

$0.20
Price
$0.10
GF Value