3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Alta Equipment Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -23.90%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Alta Equipment Group's 3-Year ROIIC % or its related term are showing as below:
ALTG's 3-Year ROIIC % is ranked worse than 79.96% of 1008
companies
in the Business Services industry
Industry Median: 4.985
vs ALTG: -23.90
Alta Equipment Group (NYSE:ALTG) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Alta Equipment Group 3-Year ROIIC % Related Terms
Alta Equipment Group 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Alta Equipment Group's 3-Year ROIIC % 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.
ALTG vs MWG, AIHS, AITX: 3-Year ROIIC % Comparison
For the Rental & Leasing Services subindustry, Alta Equipment Group's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Business Services Industry
For the Business Services industry and Industrials sector, Alta Equipment Group's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Alta Equipment Group's 3-Year ROIIC % falls into.
Alta Equipment Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 23.2 (Dec. 2025) - 35.79792 (Dec. 2022) )
/
( 1194.7 (Dec. 2025) - 1142 (Dec. 2022) )
=
-12.59792
/
52.7
=
-23.90%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Alta Equipment Group (ALTG) has a 3-Year ROIIC % of -23.90 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Alta Equipment Group and its competitors. According to the industry distribution chart, Alta Equipment Group ranks #806 out of 1008 companies in the Business Services industry, placing it in the top 80%.
Is Alta Equipment Group's 3-Year ROIIC % too high?
Alta Equipment Group's current 3-Year ROIIC % is -23.90. Based on the distribution chart, Alta Equipment Group ranks #806 out of 1008 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 3-Year ROIIC % compare to MWG and AIHS?
According to the Business Services industry distribution chart, Alta Equipment Group ranks #806 out of 1008 companies for 3-Year ROIIC %. This places Alta Equipment Group in the lower half of its industry. The industry median 3-Year ROIIC % is 4.99. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Business Services company?
The median 3-Year ROIIC % among Business Services companies is 4.99, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Alta Equipment Group and its competitors. For the Business Services industry, the median 3-Year ROIIC % is 4.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alta Equipment Group's current 3-Year ROIIC % is -23.90. 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 $7.55, compared to a current price of $6.48 — trading 14.2% below its estimated fair value. The current 3-Year ROIIC % is -23.90. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Alta Equipment Group (ALTG), the current 3-Year ROIIC % is -23.90 as of Dec. 2025. 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 $6.48 is trading 14.2% below its estimated GF Value™ of $7.55.
GuruFocus considers Alta Equipment Group to be Modestly Undervalued.
Key valuation signals for ALTG:
3-Year ROIIC %: -23.90
GF Value™: $7.55 vs. price of $6.48 (14.2% below fair value)
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 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
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