Reported Earnings • Aug 07
Second quarter 2026 earnings released: EPS: US$0.18 (vs US$0.12 in 2Q 2025) Second quarter 2026 results: EPS: US$0.18 (up from US$0.12 in 2Q 2025). Revenue: US$18.7m (up 12% from 2Q 2025). Net income: US$1.83m (up 47% from 2Q 2025). Profit margin: 9.8% (up from 7.5% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year. Buy Or Sell Opportunity • Jul 02
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 31% to €4.98. The fair value is estimated to be €4.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 11%. New Risk • May 29
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €166k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Significant insider selling over the past 3 months (€166k sold). Market cap is less than US$100m (€50.2m market cap, or US$58.5m). Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Benjamin Shaw was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 04
Alpha Pro Tech, Ltd., Annual General Meeting, Jun 10, 2026 Alpha Pro Tech, Ltd., Annual General Meeting, Jun 10, 2026. Location: at the microtel inn & suites, 180 goulding avenue, aurora, canada l4g 3z2, ontario, Canada Annuncio • Jun 30
Alpha Pro Tech, Ltd.(NYSEAM:APT) dropped from Russell Microcap Growth Index Alpha Pro Tech, Ltd.(NYSEAM:APT) dropped from Russell Microcap Growth Index Annuncio • May 01
Alpha Pro Tech, Ltd., Annual General Meeting, Jun 10, 2025 Alpha Pro Tech, Ltd., Annual General Meeting, Jun 10, 2025. Location: the microtel inn & suites, 180 goulding avenue, aurora, canada l4g3z2, ontario Canada Reported Earnings • Nov 07
Third quarter 2024 earnings released: EPS: US$0.078 (vs US$0.12 in 3Q 2023) Third quarter 2024 results: EPS: US$0.078 (down from US$0.12 in 3Q 2023). Revenue: US$14.3m (down 11% from 3Q 2023). Net income: US$862.0k (down 40% from 3Q 2023). Profit margin: 6.0% (down from 8.9% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annuncio • Aug 08
Alpha Pro Tech, Ltd. Provides Sales Guidance for the Remainder of 2024 Alpha Pro Tech, Ltd. provided sales guidance for the remainder of 2024. Management expects the remainder of 2024 to be challenging from a sales standpoint, as single family and multi-family housing starts are both projected to finish lower than 2023. The company expected growth in the building supply segment when uncertainty in the housing market abates. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €4.42, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 18x in the Building industry in Europe. Total loss to shareholders of 35% over the past three years. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.051 (vs US$0.045 in 1Q 2023) First quarter 2024 results: EPS: US$0.051 (up from US$0.045 in 1Q 2023). Revenue: US$13.5m (down 2.3% from 1Q 2023). Net income: US$576.0k (up 4.3% from 1Q 2023). Profit margin: 4.3% (up from 4.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Annuncio • May 01
Alpha Pro Tech, Ltd., Annual General Meeting, Jun 12, 2024 Alpha Pro Tech, Ltd., Annual General Meeting, Jun 12, 2024, at 09:30 Eastern Daylight. Location: Microtel Inn & Suites, 180 Goulding Avenue Aurora Ontario Canada Agenda: To elect seven (7) directors of the Company to serve until the 2025 Annual Meeting of Shareholders; to ratify the appointment of Tanner LLC as the Company’s independent registered public accounting firm for the year ending December 31, 2024; to approve, on an advisory basis, the compensation of the Company’s named executive officers; and to transact such other business as may properly come before the Annual Meeting or any adjournments or postponements thereof. Recent Insider Transactions • Mar 26
Chief Financial Officer recently sold €113k worth of stock On the 21st of March, Colleen McDonald sold around 20k shares on-market at roughly €5.67 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Colleen's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €6.05, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 16x in the Building industry in Europe. Total loss to shareholders of 25% over the past three years. Reported Earnings • Mar 14
Full year 2023 earnings released: EPS: US$0.35 (vs US$0.26 in FY 2022) Full year 2023 results: EPS: US$0.35 (up from US$0.26 in FY 2022). Revenue: US$61.2m (down 1.2% from FY 2022). Net income: US$4.19m (up 28% from FY 2022). Profit margin: 6.8% (up from 5.3% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Buying Opportunity • Nov 14
Now 21% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be €5.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Earnings per share has declined by 79%. Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: US$0.12 (vs US$0.04 in 3Q 2022) Third quarter 2023 results: EPS: US$0.12 (up from US$0.04 in 3Q 2022). Revenue: US$16.1m (up 9.0% from 3Q 2022). Net income: US$1.43m (up 184% from 3Q 2022). Profit margin: 8.9% (up from 3.4% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to €4.64, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 15x in the Building industry in Europe. Total loss to shareholders of 64% over the past three years. Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: US$0.096 (vs US$0.054 in 2Q 2022) Second quarter 2023 results: EPS: US$0.096 (up from US$0.054 in 2Q 2022). Revenue: US$16.1m (down 7.2% from 2Q 2022). Net income: US$1.15m (up 65% from 2Q 2022). Profit margin: 7.1% (up from 4.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance. Reported Earnings • May 09
First quarter 2023 earnings released: EPS: US$0.045 (vs US$0.12 in 1Q 2022) First quarter 2023 results: EPS: US$0.045 (down from US$0.12 in 1Q 2022). Revenue: US$13.8m (down 22% from 1Q 2022). Net income: US$552.0k (down 64% from 1Q 2022). Profit margin: 4.0% (down from 8.6% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: US$0.26 (vs US$0.51 in FY 2021) Full year 2022 results: EPS: US$0.26 (down from US$0.51 in FY 2021). Revenue: US$62.0m (down 9.7% from FY 2021). Net income: US$3.28m (down 51% from FY 2021). Profit margin: 5.3% (down from 9.8% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year and the company’s share price has also fallen by 28% per year. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Investor Relations & Director Donna Millar was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 08
Third quarter 2022 earnings released: EPS: US$0.04 (vs US$0.058 in 3Q 2021) Third quarter 2022 results: EPS: US$0.04 (down from US$0.058 in 3Q 2021). Revenue: US$14.7m (up 1.7% from 3Q 2021). Net income: US$503.0k (down 34% from 3Q 2021). Profit margin: 3.4% (down from 5.3% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$0.054 (vs US$0.13 in 2Q 2021) Second quarter 2022 results: EPS: US$0.054 (down from US$0.13 in 2Q 2021). Revenue: US$17.4m (down 2.4% from 2Q 2021). Net income: US$693.0k (down 59% from 2Q 2021). Profit margin: 4.0% (down from 9.4% in 2Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • May 11
First quarter 2022 earnings released: EPS: US$0.12 (vs US$0.28 in 1Q 2021) First quarter 2022 results: EPS: US$0.12 (down from US$0.28 in 1Q 2021). Revenue: US$17.7m (down 24% from 1Q 2021). Net income: US$1.52m (down 59% from 1Q 2021). Profit margin: 8.6% (down from 16% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Investor Relations & Director Donna Millar was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 10
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.51 (down from US$2.01 in FY 2020). Revenue: US$68.6m (down 33% from FY 2020). Net income: US$6.76m (down 75% from FY 2020). Profit margin: 9.8% (down from 26% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €4.44, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 20x in the Building industry in Europe. Total returns to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €5.21, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 22x in the Building industry in Europe. Total returns to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improved over the past week After last week's 18% share price gain to €5.43, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 18x in the Building industry in Europe. Total returns to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improved over the past week After last week's 33% share price gain to €5.76, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 19x in the Building industry in Europe. Total returns to shareholders of 70% over the past three years. Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS US$0.058 (vs US$0.60 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$14.5m (down 52% from 3Q 2020). Net income: US$766.0k (down 91% from 3Q 2020). Profit margin: 5.3% (down from 27% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS US$0.13 (vs US$0.47 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$17.8m (down 30% from 2Q 2020). Net income: US$1.67m (down 73% from 2Q 2020). Profit margin: 9.4% (down from 24% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improved over the past week After last week's 34% share price gain to US$8.44, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 24x in the Building industry in Europe. Total returns to shareholders of 191% over the past three years. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$6.06, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 23x in the Building industry in Europe. Total returns to shareholders of 105% over the past three years. Reported Earnings • May 06
First quarter 2021 earnings released: EPS US$0.28 (vs US$0.41 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: US$23.2m (up 28% from 1Q 2020). Net income: US$3.72m (down 30% from 1Q 2020). Profit margin: 16% (down from 29% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 11
Full year 2020 earnings released: EPS US$2.01 (vs US$0.23 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$102.7m (up 120% from FY 2019). Net income: US$27.1m (up US$24.1m from FY 2019). Profit margin: 26% (up from 6.4% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Mar 11
Revenue beats expectations Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 39%, compared to a 5.4% growth forecast for the Building industry in Germany. Is New 90 Day High Low • Mar 10
New 90-day low: €8.90 The company is down 13% from its price of €10.20 on 09 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 12% over the same period. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$9.85, the stock is trading at a trailing P/E ratio of 8.3x, down from the previous P/E ratio of 9.8x. This compares to an average P/E of 22x in the Building industry in Europe. Total returns to shareholders over the past three years are 244%. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$12.90, the stock is trading at a trailing P/E ratio of 10.6x, down from the previous P/E ratio of 12.9x. This compares to an average P/E of 23x in the Building industry in Europe. Total returns to shareholders over the past three years are 333%. Is New 90 Day High Low • Feb 04
New 90-day high: €13.20 The company is up 3.0% from its price of €12.80 on 06 November 2020. The German market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 15% over the same period. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 18% share price gain to US$13.00, the stock is trading at a trailing P/E ratio of 10x, up from the previous P/E ratio of 8.4x. This compares to an average P/E of 23x in the Building industry in Europe. Total returns to shareholders over the past three years are 330%. Is New 90 Day High Low • Dec 31
New 90-day low: €9.25 The company is down 31% from its price of €13.40 on 02 October 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 10.0% over the same period. Valuation Update With 7 Day Price Move • Nov 13
Market pulls back on stock over the past week After last week's 16% share price decline to US$10.70, the stock is trading at a trailing P/E ratio of 9.2x, down from the previous P/E ratio of 11x. This compares to an average P/E of 19x in the Building industry in Europe. Total returns to shareholders over the past three years are 215%. Is New 90 Day High Low • Nov 11
New 90-day low: €10.30 The company is down 28% from its price of €14.40 on 12 August 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 9.0% over the same period. Reported Earnings • Nov 06
Third quarter 2020 earnings released: EPS US$0.60 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$30.0m (up 150% from 3Q 2019). Net income: US$8.11m (up US$7.67m from 3Q 2019). Profit margin: 27% (up from 3.6% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth. 
