Air T, Inc. (AIRT) vs Alpine 4 Holdings, Inc. (ALPP)

Air T, Inc. and Alpine 4 Holdings, Inc. are both Conglomerates companies. Air T, Inc. is the larger, with a market value of $76.9M against $430.0K — 178.7× the size. Alpine 4 Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; Air T, Inc. trades at 1.2×. Air T, Inc. grew revenue faster over the last twelve months: 25.4% against 16.0%. Air T, Inc. has the higher net margin (17.2% vs −54.6%) and the higher return on invested capital (−5.35% vs −73.8%). Across the 16 metrics below, Air T, Inc. leads on 10 and Alpine 4 Holdings, Inc. on 6.

Valuation

Metric AIRT ALPP Conglomerates median
P/E 1.23 n/m 17.47
P/S 0.21 n/m 0.88
P/B 1.17 n/m 1.40
Price to free cash flow n/m n/m 12.58
EV/EBITDA n/m n/m 11.36
EV/Sales 0.81 0.25 1.37
Earnings yield 81.26% 0.00% 0.65%
Free cash flow yield (90.80%) 0.00% 0.00%

Profitability

Metric AIRT ALPP Conglomerates median
Gross margin 48.48% 19.86% 33.55%
Operating margin (6.69%) (52.45%) 3.36%
Net margin 17.17% (54.55%) 0.97%
Free cash flow margin (19.12%) (2.89%) (0.94%)
Return on equity 199.57% (118.36%) 0.75%
Return on assets 19.36% (46.01%) 0.10%
Return on invested capital (5.35%) (73.77%) 0.73%

Growth

Metric AIRT ALPP Conglomerates median
Revenue growth (TTM) 25.44% 16.04% 8.17%
EPS growth (last fiscal year) 1,393.72% 41.67% —
Revenue growth, 5-year CAGR 13.31% 65.91% 6.01%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AIRT ALPP Conglomerates median
Debt to equity 3.68 1.39 0.48
Current ratio 1.43 0.86 1.79
Net debt to EBITDA 159.94 (6.73) 1.36

Dividend

Metric AIRT ALPP Conglomerates median
Dividend yield — — 2.53%
Payout ratio 0.00 0.00 0.00

Size

Metric AIRT ALPP Conglomerates median
Market cap 76.86m 430.00k 519.65m

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