Altex Industries Valuation
| ALTX Stock | USD 0.30 0.06 25.00% |
Altex Industries seems to be overvalued based on Macroaxis valuation methodology. Our model approximates the value of Altex Industries from analyzing the firm fundamentals such as Current Valuation of (1.33 M), return on equity of 0.23, and Profit Margin of 10.04 % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Altex Industries' price fluctuation is out of control at this time. Calculation of the real value of Altex Industries is based on 3 months time horizon. Increasing Altex Industries' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Altex Industries is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Altex Pink Sheet. However, Altex Industries' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.3 | Real 0.23 | Hype 0.3 |
The intrinsic value of Altex Industries' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Altex Industries' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Altex Industries helps investors to forecast how Altex pink sheet's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Altex Industries more accurately as focusing exclusively on Altex Industries' fundamentals will not take into account other important factors: Altex Industries Total Value Analysis
Altex Industries is presently anticipated to have valuation of (1.33 M) with market capitalization of 1.4 M, debt of 77 K, and cash on hands of 2.39 M. The negative valuation of Altex Industries may imply that the market is not capable to price the future growth of the company or it is pricing it at zero value. It may also suggest that takeover valuation may not have captured all of the outstanding financial obligations of the company both on and off balance sheet. Investors should vigilantly validate all of the Altex Industries fundamentals.| Takeover Price | Market Cap | Debt Obligations | Cash |
(1.33 M) | 1.4 M | 77 K | 2.39 M |
Altex Industries Investor Information
About 63.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.72. Some equities with similar Price to Book (P/B) outperform the market in the long run. Altex Industries had not issued any dividends in recent years. Based on the key indicators related to Altex Industries' liquidity, profitability, solvency, and operating efficiency, Altex Industries is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January.Altex Industries Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Altex Industries has an asset utilization ratio of 1.45 percent. This suggests that the Company is making $0.0145 for each dollar of assets. An increasing asset utilization means that Altex Industries is more efficient with each dollar of assets it utilizes for everyday operations.Altex Industries Ownership Allocation
Altex Industries shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 62.8 percent of Altex Industries outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event.Altex Industries Profitability Analysis
The company reported the previous year's revenue of 36 K. Net Income was 313 K with profit before overhead, payroll, taxes, and interest of 33 K.About Altex Industries Valuation
Our relative valuation model uses a comparative analysis of Altex Industries. We calculate exposure to Altex Industries's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Altex Industries's related companies.Altex Industries, Inc., through its subsidiary, Altex Oil Corporation, owns interests in productive onshore oil and gas properties located in Utah and Wyoming. The company was incorporated in 1985 and is based in Denver, Colorado. Altex Industries operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
8 Steps to conduct Altex Industries' Valuation Analysis
Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Altex Industries' potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Altex Industries' valuation analysis, follow these 8 steps:- Gather financial information: Obtain Altex Industries' financial statements, including balance sheets, income statements, and cash flow statements.
- Determine Altex Industries' revenue streams: Identify Altex Industries' primary sources of revenue, including products or services offered, target markets, and pricing strategies.
- Analyze market data: Research Altex Industries' industry and market trends, including the size of the market, growth rate, and competition.
- Establish Altex Industries' growth potential: Evaluate Altex Industries' management, business model, and growth potential.
- Determine Altex Industries' financial performance: Analyze its financial statements to assess its historical performance and future potential.
- Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
- Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Altex Industries' estimated value.
- Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Altex Industries Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
| Common Stock Shares Outstanding | 12 M | |
| Retained Earnings | -12.6 M |
Additional Tools for Altex Pink Sheet Analysis
When running Altex Industries' price analysis, check to measure Altex Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altex Industries is operating at the current time. Most of Altex Industries' value examination focuses on studying past and present price action to predict the probability of Altex Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altex Industries' price. Additionally, you may evaluate how the addition of Altex Industries to your portfolios can decrease your overall portfolio volatility.