Added to YB: 2024-10-14
Pitch date: 2024-10-14
ALTG [bullish]
Alta Equipment Group Inc.
-10.49%
current return
Author Info
Northeastern University Student Value Fund is the premier investment fund at Northeastern University. Visit their website.
Company Info
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada.
Market Cap
$149.2M
Pitch Price
$6.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.55
P/E
-1.85
EV/Sales
0.74
Sector
Trading Companies and Distributors
Category
growth
A monopolistic positioning with visibility into a high margin, re- occurring revenue stream - Alta Equipment Group Inc.
ALTG: Leading heavy-equipment distributor w/ 85 dealerships. Exclusive OEM partnerships. M&A-driven growth, high leverage. Parts & Services segment (29.5% rev) offers high-margin recurring revenue. Rent-to-sell model boosts fleet utilization. Risks: customer repair shift, M&A execution. 4.4x Net Debt/EBITDA.
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