ALTG (Alta Equipment Group) Inventories, Inventories Adjustments: $ Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ALTG Alta Equipment Group Inc ALTG
75 GF Score
Price $6.03
GF Value $7.16
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Alta Equipment Group Inventories, Inventories Adjustments?

Alta Equipment Group ALTG -0.82% 75 Inventories, Inventories Adjustments is $ Mil as of Jun. 2026. GuruFocus rates ALTG with a GF Score™ of 75/100 and a GF Value™ of $7.16 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Alta Equipment Group's Inventories, Inventories Adjustments for the quarter that ended in Jun. 2026 was $ Mil.


Alta Equipment Group Inventories, Inventories Adjustments Historical Data

* Premium members only.

The historical data trend for Alta Equipment Group's Inventories, Inventories Adjustments 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 Inventories, Inventories Adjustments Chart

Alta Equipment Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Inventories Adjustments
Get a 7-Day Free Trial Premium Member Only - - - - -

Alta Equipment Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventories, Inventories Adjustments 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 - - - - -
ALTG
75GF Score
Alta Equipment Group Inc ALTG
Inventories, Inventories Adjustments is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alta Equipment Group Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

What does a Inventories, Inventories Adjustments of $ Mil mean?
Alta Equipment Group (ALTG) has a Inventories, Inventories Adjustments of $ Mil as of Jun. 2026. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Alta Equipment Group and its competitors.
Is Alta Equipment Group's Inventories, Inventories Adjustments too high?
Alta Equipment Group's current Inventories, Inventories Adjustments is $ Mil. 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 Inventories, Inventories Adjustments compare to VAI and BDST?
Alta Equipment Group's Inventories, Inventories Adjustments of $ Mil can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Inventories Adjustments for an Industrial Distribution company?
A good Inventories, Inventories Adjustments depends on the Industrial Distribution industry context. However, Inventories, Inventories Adjustments 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 Inventories, Inventories Adjustments mean?
A high Inventories, Inventories Adjustments can signal that a stock is expensive relative to its fundamentals. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Alta Equipment Group and its competitors. Alta Equipment Group's current Inventories, Inventories Adjustments is $ 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 Modestly Undervalued. The stock's GF Value™ is $7.16, compared to a current price of $6.03 — trading 15.8% below its estimated fair value. The current Inventories, Inventories Adjustments is $ Mil. 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 Inventories, Inventories Adjustments calculated?
Inventories, Inventories Adjustments is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current Inventories, Inventories Adjustments is $ Mil as of Jun. 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 $6.03 is trading 15.8% below its estimated GF Value™ of $7.16. GuruFocus considers Alta Equipment Group to be Modestly Undervalued.

Key valuation signals for ALTG:

  • Inventories, Inventories Adjustments: $ Mil
  • GF Value™: $7.16 vs. price of $6.03 (15.8% below fair value)
  • GF Score™: 75/100 with 7 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

Get the complete analysis for ALTG

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

$6.03
Price
$7.16
GF Value