Alta Equipment Group Inc.

AI-generated fair value estimate for this company.

Method: EV/EBITDA bridge (DCF not meaningful given negative book equity): 2026 guided Adjusted EBITDA midpoint $180M (company guidance range $172.5-187.5M) times 7.0x EV/EBITDA (peer range for small-cap leveraged equipment dealers/rental cos) = $1.26B EV; less total net debt of $1.159B ($1.18B total debt incl. $339M floor-plan inventory financing, $500M 2nd-lien notes, ~$220M revolver, minus $20.9M cash); divided by 32.67M diluted shares.

Reasoning: ALTG carries ~6.4x net debt/EBITDA and negative stockholders' equity (-$36.2M), so equity value is a thin, highly multiple-sensitive residual above a large debt stack; an EV/EBITDA-to-equity bridge better captures this than a DCF, and the result is very sensitive to the multiple, underscoring elevated leverage risk versus the market price.