Alta Equipment Group (Alta Equipment Group) EV-to-EBIT : 25.74 (As of May. 04, 2024)

Alta Equipment Group EV-to-EBIT Chart

Alta Equipment Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial															31.69	30.26	30.75	27.49	26.04

Competitive Comparison of Alta Equipment Group's EV-to-EBIT

For the Rental & Leasing Services subindustry, Alta Equipment Group'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.

Alta Equipment Group's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Alta Equipment Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Alta Equipment Group's EV-to-EBIT falls into.

Alta Equipment Group EV-to-EBIT Calculation

Alta Equipment Group's EV-to-EBIT for today is calculated as:

Alta Equipment Group's current Enterprise Value is $1,532 Mil.
Alta Equipment Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $60 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.

Alta Equipment Group  (NYSE:ALTG) 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) %.

Alta Equipment Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Alta Equipment Group's Enterprise Value for the quarter that ended in Dec. 2023 was $1,549 Mil.
Alta Equipment Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $60 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.

Alta Equipment Group EV-to-EBIT Related Terms

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Alta Equipment Group (Alta Equipment Group) Business Description