Alta Equipment Group Inc. (ALTG) vs Vestis Corporation (VSTS)

Alta Equipment Group Inc. and Vestis Corporation are both Rental & Leasing Services companies. Vestis Corporation is the larger, with a market value of $1.8B against $190.1M — 9.6× the size. Vestis Corporation grew revenue faster over the last twelve months: −0.39% against −1.80%. Vestis Corporation has the higher net margin (−0.20% vs −4.58%) and the higher return on invested capital (2.97% vs 1.51%). Both pay a dividend; Alta Equipment Group Inc. yields more (1.94% vs 0.70%). Across the 20 metrics below, Alta Equipment Group Inc. leads on 10 and Vestis Corporation on 10.

Valuation

Metric ALTG VSTS Rental & Leasing Services median
P/E n/m n/m 19.17
P/S 0.11 0.67 0.99
P/B n/m 2.05 2.23
Price to free cash flow 3.00 12.55 8.31
EV/EBITDA 6.00 12.49 7.84
EV/Sales 0.50 1.11 2.53
Earnings yield (41.32%) (0.37%) 0.95%
Free cash flow yield 33.30% 7.97% 1.43%

Profitability

Metric ALTG VSTS Rental & Leasing Services median
Gross margin 25.90% 26.30% 49.40%
Operating margin 0.90% 3.64% 8.49%
Net margin (4.58%) (0.20%) 1.01%
Free cash flow margin 3.74% 5.33% 1.87%
Return on equity (2,163.64%) (0.60%) 12.13%
Return on assets (6.04%) (0.18%) 0.24%
Return on invested capital 1.51% 2.97% 2.80%

Growth

Metric ALTG VSTS Rental & Leasing Services median
Revenue growth (TTM) (1.80%) (0.39%) 3.21%
EPS growth (last fiscal year) (30.10%) (293.75%) —
Revenue growth, 5-year CAGR 16.01% 1.31% 12.97%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ALTG VSTS Rental & Leasing Services median
Debt to equity (20.18) 1.42 1.48
Current ratio 1.38 2.17 1.36
Net debt to EBITDA 4.42 6.12 4.32

Dividend

Metric ALTG VSTS Rental & Leasing Services median
Dividend yield 1.94% 0.70% 1.59%
Payout ratio 1.52 — 0.00

Size

Metric ALTG VSTS Rental & Leasing Services median
Market cap 190.12m 1.83b 2.42b

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