ALTX (Altex Industries) EV-to-EBIT: 0.44 (As of Aug. 02, 2026) — 91% Below Median

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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
View Full Analysis

What is Altex Industries EV-to-EBIT?

Altex Industries ALTX 21 EV-to-EBIT is 0.44 as of Aug. 02, 2026, which is 91% below its 10-year median of 4.68. 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. Among 694 Oil & Gas companies, Altex Industries ranks better than 96.4% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Altex Industries's Enterprise Value is $-0.10 Mil. Altex Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.23 Mil. Therefore, Altex Industries's EV-to-EBIT for today is 0.44.

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

ALTX' s EV-to-EBIT Range Over the Past 10 Years
Min: -7.54   Med: 4.68   Max: 16.47
Current: 0.44

During the past 13 years, the highest EV-to-EBIT of Altex Industries was 16.47. The lowest was -7.54. And the median was 4.68.

ALTX's EV-to-EBIT is ranked better than
96.4% of 694 companies
in the Oil & Gas industry
Industry Median: 11.87 vs ALTX: 0.44

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Altex Industries's Enterprise Value for the quarter that ended in Mar. 2026 was $0.35 Mil. Altex Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.23 Mil. Altex Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -64.82%.


Altex Industries  (OTCPK:ALTX) 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) %.

Altex Industries'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 )
=-0.225/0.34712
=-64.82 %

Altex Industries's Enterprise Value for the quarter that ended in Mar. 2026 was $0.35 Mil.
Altex Industries'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 $-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.


Altex Industries EV-to-EBIT Related Terms


Altex Industries EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Altex Industries'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.

Altex Industries EV-to-EBIT Chart

Altex Industries Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 7.70 1.53 1.90 -7.57

Altex Industries 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 -0.88 -6.80 -7.57 -3.03 -1.54

ALTX vs CRCE, FECOF, ROYL: EV-to-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
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altex Industries EV-to-EBIT Calculation

Altex Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-0.100/-0.225
=0.44

Altex Industries's current Enterprise Value is $-0.10 Mil.
Altex Industries'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 $-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 EV-to-EBIT →
What does a EV-to-EBIT of 0.44 mean?
Altex Industries (ALTX) has a EV-to-EBIT of 0.44 as of Aug. 02, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Altex Industries and its competitors. This is 91% below median its historical median of 4.68. According to the industry distribution chart, Altex Industries ranks #25 out of 694 companies in the Oil & Gas industry, placing it in the top 3.6%.
Is Altex Industries' EV-to-EBIT too high?
Altex Industries' current EV-to-EBIT of 0.44 is 91% below median its 10-year median of 4.68. The Oil & Gas industry median EV-to-EBIT is 11.87. Altex Industries' value of 0.44 is 96.3% below this industry median. Based on the distribution chart, Altex Industries ranks #25 out of 694 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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' EV-to-EBIT compare to CRCE and FECOF?
According to the Oil & Gas industry distribution chart, Altex Industries ranks #25 out of 694 companies for EV-to-EBIT. This places Altex Industries in the top 4% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 11.87. Altex Industries' value of 0.44 is 96.3% below this benchmark. While the company's 10-year median is 4.68 vs. the industry median of 11.87, Altex Industries has consistently been below 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 an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.87, based on 694 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. Altex Industries's current EV-to-EBIT of 0.44 is 96.3% below 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 Altex Industries and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altex Industries's current EV-to-EBIT is 0.44, which is 91% below median its own 10-year median of 4.68. 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 EV-to-EBIT is 0.44, which is 91% below median its 10-year median of 4.68 and 96.3% below the Oil & Gas industry median of 11.87. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Altex Industries (ALTX), the current EV-to-EBIT is 0.44 as of Aug. 02, 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:

  • EV-to-EBIT: 0.44 (91% below median its 10-year median of 4.68)
  • GF Value™: $0.10 vs. price of $0.20 (100% above fair value)
  • GF Score™: 21/100 with 4 warning signs
  • Industry Position: 96.3% below the Oil & Gas median (#25 of 694)

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

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

$0.20
Price
$0.10
GF Value