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Altex IndustriesALTX -1.54%20 12-1 Month Momentum % is -41.34% as of Aug. 22, 2026. GuruFocus rates ALTX with a GF Score™ of 20/100 and a GF Value™ of $0.23 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,018 Oil & Gas companies, Altex Industries ranks worse than 89.69% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-22), Altex Industries's 12-1 Month Momentum % is -41.34%.
The industry rank for Altex Industries's 12-1 Month Momentum % or its related term are showing as below:
ALTX's 12-1 Month Momentum % is ranked worse than 89.69% of 1018
companies
in the Oil & Gas industry
Industry Median: 12.63
vs ALTX: -41.34
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Altex Industries 12-1 Month Momentum % Related Terms
ALTX vs CRCE, FECOF, ROYL: 12-1 Month Momentum % Comparison
For the Oil & Gas E&P subindustry, Altex Industries's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % 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 12-1 Month Momentum % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Altex Industries's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Altex Industries's 12-1 Month Momentum % 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.
What does a 12-1 Month Momentum % of -41.34% mean?
Altex Industries (ALTX) has a 12-1 Month Momentum % of -41.34% as of Aug. 22, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Altex Industries and its competitors. According to the industry distribution chart, Altex Industries ranks #913 out of 1018 companies in the Oil & Gas industry, placing it in the top 89.7%.
Is Altex Industries' 12-1 Month Momentum % too high?
Altex Industries' current 12-1 Month Momentum % is -41.34%. Based on the distribution chart, Altex Industries ranks #913 out of 1018 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Altex Industries has a GF Score™ of 20/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Altex Industries' 12-1 Month Momentum % compare to CRCE and FECOF?
According to the Oil & Gas industry distribution chart, Altex Industries ranks #913 out of 1018 companies for 12-1 Month Momentum %. This places Altex Industries in the lower half of its industry. The industry median 12-1 Month Momentum % is 12.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for an Oil & Gas company?
The median 12-1 Month Momentum % among Oil & Gas companies is 12.63, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a 12-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 12-1 Month Momentum % 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 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Altex Industries and its competitors. For the Oil & Gas industry, the median 12-1 Month Momentum % is 12.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altex Industries's current 12-1 Month Momentum % is -41.34%. 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 Possible Value Trap. The stock's GF Value™ is $0.23, compared to a current price of $0.16 — trading 30.4% below its estimated fair value. The current 12-1 Month Momentum % is -41.34%. Altex Industries' overall GF Score™ is 20/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Altex Industries (ALTX), the current 12-1 Month Momentum % is -41.34% as of Aug. 22, 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 undervalued.
The current stock price of $0.16 is trading 30.4% below its estimated GF Value™ of $0.23.
GuruFocus considers Altex Industries to be Possible Value Trap.
Key valuation signals for ALTX:
12-1 Month Momentum %: -41.34%
GF Value™: $0.23 vs. price of $0.16 (30.4% below fair value)
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 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.
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