ALTG (Alta Equipment Group) EV-to-EBIT: 56.32 (As of Jul. 27, 2026) — 66% Above Median

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ALTG Alta Equipment Group Inc ALTG
75 GF Score
Price $6.38
GF Value $7.57
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Alta Equipment Group EV-to-EBIT?

Alta Equipment Group ALTG -0.93% 75 EV-to-EBIT is 56.32 as of Jul. 27, 2026, which is 66% above its 10-year median of 33.97. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.57 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 854 Business Services companies, Alta Equipment Group ranks worse than 93.79% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Alta Equipment Group's Enterprise Value is $1,357 Mil. Alta Equipment Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $24 Mil. Therefore, Alta Equipment Group's EV-to-EBIT for today is 56.32.

The historical rank and industry rank for Alta Equipment Group's EV-to-EBIT or its related term are showing as below:

ALTG' s EV-to-EBIT Range Over the Past 10 Years
Min: -479.98   Med: 33.97   Max: 169.98
Current: 56.32

During the past 9 years, the highest EV-to-EBIT of Alta Equipment Group was 169.98. The lowest was -479.98. And the median was 33.97.

ALTG's EV-to-EBIT is ranked worse than
93.79% of 854 companies
in the Business Services industry
Industry Median: 11.21 vs ALTG: 56.32

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Alta Equipment Group's Enterprise Value for the quarter that ended in Mar. 2026 was $1,324 Mil. Alta Equipment Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $24 Mil. Alta Equipment Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.82%.


Alta Equipment Group  (NYSE:ALTG) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Alta Equipment Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=24.1/1324.39684
=1.82 %

Alta Equipment Group's Enterprise Value for the quarter that ended in Mar. 2026 was $1,324 Mil.
Alta Equipment Group's 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 $24 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.


Alta Equipment Group EV-to-EBIT Related Terms


Alta Equipment Group EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Alta Equipment Group's EV-to-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.

Alta Equipment Group EV-to-EBIT Chart

Alta Equipment Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only 169.25 31.69 26.04 93.32 43.67

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
EV-to-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 82.41 46.64 50.62 43.67 54.95

ALTG vs AIHS, MWG, DWAY: EV-to-EBIT Comparison

For the Rental & Leasing Services subindustry, Alta Equipment Group'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.


Alta Equipment Group EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Alta Equipment Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alta Equipment Group's EV-to-EBIT falls into.


ALTG
75GF Score
Alta Equipment Group Inc ALTG
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alta Equipment Group EV-to-EBIT Calculation

Alta Equipment Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1357.274/24.1
=56.32

Alta Equipment Group's current Enterprise Value is $1,357 Mil.
Alta Equipment Group's 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 $24 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 EV-to-EBIT →
What does a EV-to-EBIT of 56.32 mean?
Alta Equipment Group (ALTG) has a EV-to-EBIT of 56.32 as of Jul. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Alta Equipment Group and its competitors. This is 66% above median its historical median of 33.97. According to the industry distribution chart, Alta Equipment Group ranks #801 out of 854 companies in the Business Services industry, placing it in the top 93.8%.
Is Alta Equipment Group's EV-to-EBIT too high?
Alta Equipment Group's current EV-to-EBIT of 56.32 is 66% above median its 10-year median of 33.97. The Business Services industry median EV-to-EBIT is 11.21. Alta Equipment Group's value of 56.32 is 402.4% above this industry median. Based on the distribution chart, Alta Equipment Group ranks #801 out of 854 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 EV-to-EBIT compare to AIHS and MWG?
According to the Business Services industry distribution chart, Alta Equipment Group ranks #801 out of 854 companies for EV-to-EBIT. This places Alta Equipment Group in the lower half of its industry. The industry median EV-to-EBIT is 11.21. Alta Equipment Group's value of 56.32 is 402.4% above this benchmark. While the company's 10-year median is 33.97 vs. the industry median of 11.21, 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 EV-to-EBIT for a Business Services company?
The median EV-to-EBIT among Business Services companies is 11.21, based on 854 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alta Equipment Group's current EV-to-EBIT of 56.32 is 402.4% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Alta Equipment Group and its competitors. For the Business Services industry, the median EV-to-EBIT is 11.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alta Equipment Group's current EV-to-EBIT is 56.32, which is 66% above median its own 10-year median of 33.97. 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 $7.57, compared to a current price of $6.38 — trading 15.7% below its estimated fair value. The current EV-to-EBIT is 56.32, which is 66% above median its 10-year median of 33.97 and 402.4% above the Business Services industry median of 11.21. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current EV-to-EBIT is 56.32 as of Jul. 27, 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 $6.38 is trading 15.7% below its estimated GF Value™ of $7.57. GuruFocus considers Alta Equipment Group to be Modestly Undervalued.

Key valuation signals for ALTG:

  • EV-to-EBIT: 56.32 (66% above median its 10-year median of 33.97)
  • GF Value™: $7.57 vs. price of $6.38 (15.7% below fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 402.4% above the Business Services median (#801 of 854)

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

Get the complete analysis for ALTG

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

$6.38
Price
$7.57
GF Value