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Alamo Group

DB:AL3
Snowflake Description

Solid track record with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AL3
DB
$1B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use worldwide. The last earnings update was 55 days ago. More info.


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AL3 Share Price and Events
7 Day Returns
2.1%
DB:AL3
-0.2%
DE Machinery
0.8%
DE Market
1 Year Returns
-
DB:AL3
-17.2%
DE Machinery
-4.5%
DE Market
AL3 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alamo Group (AL3) 2.1% 7.6% 21.6% - - -
DE Machinery -0.2% 11% 6.1% -17.2% -3.6% 17.4%
DE Market 0.8% 6.9% 8.1% -4.5% 10.4% 13.9%
1 Year Return vs Industry and Market
  • No trading data on AL3.
  • No trading data on AL3.
Price Volatility
AL3
Industry
5yr Volatility vs Market

AL3 Value

 Is Alamo Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Alamo Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Alamo Group.

DB:AL3 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:AL3
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.067 (1 + (1- 21%) (7.11%))
1.085
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.085 * 5.96%)
6.7%

Discounted Cash Flow Calculation for DB:AL3 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Alamo Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:AL3 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.7%)
2019 22.70 Analyst x1 21.28
2020 72.36 Analyst x2 63.56
2021 83.17 Est @ 14.95% 68.48
2022 91.94 Est @ 10.53% 70.94
2023 98.78 Est @ 7.44% 71.44
2024 103.99 Est @ 5.28% 70.49
2025 107.90 Est @ 3.76% 68.55
2026 110.82 Est @ 2.7% 65.99
2027 112.99 Est @ 1.96% 63.06
2028 114.62 Est @ 1.44% 59.95
Present value of next 10 years cash flows $623.73
DB:AL3 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $114.62 × (1 + 0.23%) ÷ (6.7% – 0.23%)
$1,776.28
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,776.28 ÷ (1 + 6.7%)10
$929.07
DB:AL3 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $623.73 + $929.07
$1,552.80
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,552.80 / 11.74
$132.26
DB:AL3 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:AL3 represents 0.90166x of NYSE:ALG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90166x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 132.26 x 0.90166
€119.26
Value per share (EUR) From above. €119.26
Current discount Discount to share price of €92.14
= -1 x (€92.14 - €119.26) / €119.26
22.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Alamo Group is available for.
Intrinsic value
23%
Share price is €92.14 vs Future cash flow value of €119.26
Current Discount Checks
For Alamo Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Alamo Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Alamo Group's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Alamo Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alamo Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AL3 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $6.30
NYSE:ALG Share Price ** NYSE (2019-04-25) in USD $102.19
Germany Machinery Industry PE Ratio Median Figure of 38 Publicly-Listed Machinery Companies 17.91x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 20.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Alamo Group.

DB:AL3 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:ALG Share Price ÷ EPS (both in USD)

= 102.19 ÷ 6.30

16.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alamo Group is good value based on earnings compared to the DE Machinery industry average.
  • Alamo Group is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Alamo Group's expected growth come at a high price?
Raw Data
DB:AL3 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
10.1%per year
Germany Machinery Industry PEG Ratio Median Figure of 29 Publicly-Listed Machinery Companies 1.8x
Germany Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

DB:AL3 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.21x ÷ 10.1%

1.61x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alamo Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Alamo Group's assets?
Raw Data
DB:AL3 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $43.66
NYSE:ALG Share Price * NYSE (2019-04-25) in USD $102.19
Germany Machinery Industry PB Ratio Median Figure of 46 Publicly-Listed Machinery Companies 1.83x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
DB:AL3 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:ALG Share Price ÷ Book Value per Share (both in USD)

= 102.19 ÷ 43.66

2.34x

* Primary Listing of Alamo Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alamo Group is overvalued based on assets compared to the DE Machinery industry average.
X
Value checks
We assess Alamo Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Alamo Group has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AL3 Future Performance

 How is Alamo Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alamo Group expected to grow at an attractive rate?
  • Alamo Group's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Alamo Group's earnings growth is positive but not above the Germany market average.
  • Alamo Group's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:AL3 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:AL3 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 10.1%
DB:AL3 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 5.4%
Germany Machinery Industry Earnings Growth Rate Market Cap Weighted Average 11.5%
Germany Machinery Industry Revenue Growth Rate Market Cap Weighted Average 5.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:AL3 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AL3 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 1,126 96 89 2
2019-12-31 1,076 82 78 2
DB:AL3 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,009 13 73
2018-09-30 996 33 60
2018-06-30 979 31 53
2018-03-31 935 44 47
2017-12-31 912 71 44
2017-09-30 875 69 49
2017-06-30 851 83 45
2017-03-31 849 79 44
2016-12-31 845 76 40
2016-09-30 864 70 44
2016-06-30 879 66 45
2016-03-31 883 60 45

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Alamo Group's earnings are expected to grow by 10.1% yearly, however this is not considered high growth (20% yearly).
  • Alamo Group's revenue is expected to grow by 5.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:AL3 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Alamo Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AL3 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 7.49 7.77 7.20 2.00
2019-12-31 6.64 6.72 6.55 2.00
DB:AL3 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 6.30
2018-09-30 5.17
2018-06-30 4.58
2018-03-31 4.03
2017-12-31 3.84
2017-09-30 4.23
2017-06-30 3.94
2017-03-31 3.80
2016-12-31 3.50
2016-09-30 3.84
2016-06-30 3.98
2016-03-31 3.91

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Alamo Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Alamo Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Alamo Group has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AL3 Past Performance

  How has Alamo Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Alamo Group's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Alamo Group's year on year earnings growth rate has been positive over the past 5 years.
  • Alamo Group's 1-year earnings growth exceeds its 5-year average (65.8% vs 10.2%)
  • Alamo Group's earnings growth has exceeded the DE Machinery industry average in the past year (65.8% vs -5%).
Earnings and Revenue History
Alamo Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Alamo Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AL3 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,008.82 73.49 144.60 10.43
2018-09-30 996.04 60.14 147.47 9.85
2018-06-30 978.93 53.19 146.21 9.85
2018-03-31 935.08 46.73 141.00 9.85
2017-12-31 912.38 44.32 136.11 9.85
2017-09-30 874.64 48.66 132.72 8.85
2017-06-30 850.95 45.31 129.09 8.85
2017-03-31 849.17 43.55 128.71 8.85
2016-12-31 844.75 40.05 128.63 8.85
2016-09-30 863.66 43.84 115.51 8.59
2016-06-30 878.51 45.36 115.75 8.59
2016-03-31 882.75 44.51 115.84 8.59
2015-12-31 879.58 43.21 127.33 8.59
2015-09-30 879.06 43.18 119.47 8.43
2015-06-30 882.23 41.79 118.77 8.43
2015-03-31 874.24 41.27 117.03 8.43
2014-12-31 839.06 41.15 113.20 8.43
2014-09-30 786.00 35.82 111.19 7.16
2014-06-30 725.96 33.79 105.79 7.16
2014-03-31 696.27 36.38 99.83 7.16
2013-12-31 682.09 36.09 100.61 7.16
2013-09-30 660.64 34.27 95.86 5.69
2013-06-30 641.98 31.51 92.02 5.69
2013-03-31 630.92 29.07 90.33 5.69
2012-12-31 633.03 28.90 91.82 5.69
2012-09-30 626.00 32.75 89.80 6.02
2012-06-30 624.97 34.24 88.57 6.02

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Alamo Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Alamo Group used its assets more efficiently than the DE Machinery industry average last year based on Return on Assets.
  • Alamo Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Alamo Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Alamo Group has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AL3 Health

 How is Alamo Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Alamo Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alamo Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Alamo Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Alamo Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Alamo Group Company Filings, last reported 3 months ago.

DB:AL3 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 507.37 85.30 34.04
2018-09-30 496.89 101.19 48.88
2018-06-30 474.45 119.02 43.60
2018-03-31 466.38 147.28 75.85
2017-12-31 449.11 60.08 25.37
2017-09-30 446.49 126.28 69.07
2017-06-30 422.91 146.10 74.64
2017-03-31 402.86 127.55 70.66
2016-12-31 387.72 70.09 16.79
2016-09-30 387.52 135.39 56.49
2016-06-30 376.24 165.21 44.97
2016-03-31 372.43 173.08 49.65
2015-12-31 360.47 144.08 26.92
2015-09-30 354.10 175.48 42.66
2015-06-30 347.90 203.54 34.52
2015-03-31 331.13 208.52 36.66
2014-12-31 337.67 190.58 39.53
2014-09-30 337.46 190.86 38.64
2014-06-30 369.97 189.25 37.36
2014-03-31 356.57 1.14 42.25
2013-12-31 350.47 0.43 63.96
2013-09-30 340.20 0.59 53.60
2013-06-30 322.37 0.55 17.84
2013-03-31 311.55 10.62 33.49
2012-12-31 310.29 0.71 48.29
2012-09-30 305.03 14.08 38.31
2012-06-30 292.38 42.19 33.52
  • Alamo Group's level of debt (16.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.1% vs 16.8% today).
  • Debt is not well covered by operating cash flow (15.1%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 19.9x coverage).
X
Financial health checks
We assess Alamo Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Alamo Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AL3 Dividends

 What is Alamo Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.47%
Current annual income from Alamo Group dividends. Estimated to be 0.49% next year.
If you bought €2,000 of Alamo Group shares you are expected to receive €9 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Alamo Group's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Alamo Group's dividend is below the markets top 25% of dividend payers in Germany (3.67%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:AL3 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Germany Machinery Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 2.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:AL3 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.52 1.00
2019-12-31 0.48 1.00
DB:AL3 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-02 0.480 0.477
2018-12-19 0.480 0.545
2018-10-01 0.440 0.524
2018-07-02 0.440 0.469
2018-04-02 0.440 0.438
2018-01-02 0.440 0.389
2017-10-02 0.400 0.358
2017-07-03 0.400 0.427
2017-04-03 0.400 0.482
2017-01-03 0.400 0.524
2016-10-03 0.360 0.514
2016-07-01 0.360 0.553
2016-04-04 0.360 0.616
2016-01-04 0.360 0.679
2015-10-01 0.320 0.625
2015-07-02 0.320 0.637
2015-04-06 0.320 0.562
2015-01-02 0.320 0.620
2014-10-06 0.280 0.628
2014-07-03 0.280 0.595
2014-04-03 0.280 0.523
2014-01-02 0.280 0.520
2013-10-02 0.280 0.543
2013-07-03 0.280 0.620
2013-04-03 0.280 0.685
2013-01-02 0.280 0.779
2012-10-03 0.240 0.739
2012-07-02 0.240 0.788
2012-04-02 0.240 0.766
2012-01-04 0.240 0.844
2011-10-03 0.240 0.957
2011-07-01 0.240 1.068
2011-04-04 0.240 0.957
2011-01-05 0.240 0.880
2010-10-01 0.240 0.948
2010-07-01 0.240 1.102
2010-04-01 0.240 1.056
2010-01-05 0.240 1.321
2009-10-01 0.240 1.553
2009-07-02 0.240 1.744

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Alamo Group is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • Alamo Group is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Alamo Group's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Alamo Group's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • No need to calculate the sustainability of Alamo Group's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Alamo Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Alamo Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alamo Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AL3 Management

 What is the CEO of Alamo Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ron Robinson
COMPENSATION $2,770,809
AGE 66
TENURE AS CEO 19.8 years
CEO Bio

Mr. Ronald A. Robinson, also known as Ron, has been the Chief Executive Officer and President of Alamo Group Inc. since July 7, 1999 and served as its Interim Chairman of the Board from November 30, 2017 to May 3, 2018. Mr. Robinson has been an Executive Director of Alamo Group Inc. since July 7, 1999 and served as its Principal Financial Officer until January 15, 2007. He served as the President of Svedala Industries Inc., the U.S. subsidiary of Svedala Industries AB of Malmo, Sweden, a leading manufacturer of equipment and systems for the worldwide construction, mineral processing and materials handling industries. He joined Svedala in 1992 when it acquired Denver Equipment Company of which he served as Chairman and Chief Executive Officer.

CEO Compensation
  • Ron's compensation has been consistent with company performance over the past year.
  • Ron's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Alamo Group management team in years:

12.3
Average Tenure
59
Average Age
  • The average tenure for the Alamo Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ron Robinson

TITLE
President
COMPENSATION
$3M
AGE
66
TENURE
19.8 yrs

Dan Malone

TITLE
Executive VP
COMPENSATION
$644K
AGE
58
TENURE
12.3 yrs

Geoff Davies

TITLE
Executive Vice President
COMPENSATION
$666K
AGE
70
TENURE
25.3 yrs

Jeffery Leonard

TITLE
Executive Vice President of Industrial Division
COMPENSATION
$911K
AGE
58

Rick Raborn

TITLE
Executive Vice President of Agricultural Division
COMPENSATION
$695K
AGE
52
TENURE
4 yrs

Ed Rizzuti

TITLE
VP, General Counsel & Secretary
AGE
48
TENURE
3.8 yrs

Janet Pollock

TITLE
VP of Human Resources
AGE
59
TENURE
0.9 yrs

Richard Wehrle

TITLE
VP,Treasurer & Corporate Controller
COMPENSATION
$376K
AGE
61
TENURE
17.9 yrs

Robert George

TITLE
Vice President
COMPENSATION
$375K
AGE
71
Board of Directors Tenure

Average tenure and age of the Alamo Group board of directors in years:

3.7
Average Tenure
64
Average Age
  • The tenure for the Alamo Group board of directors is about average.
Board of Directors

Roderick Baty

TITLE
Chairman of the Board
COMPENSATION
$170K
AGE
64
TENURE
0.9 yrs

Ron Robinson

TITLE
President
COMPENSATION
$3M
AGE
66
TENURE
19.8 yrs

Dave Grzelak

TITLE
Independent Director
COMPENSATION
$154K
AGE
68
TENURE
12.7 yrs

Eric Etchart

TITLE
Independent Director
COMPENSATION
$154K
AGE
61
TENURE
3.7 yrs

Tracy Jokinen

TITLE
Director
COMPENSATION
$151K
AGE
49
TENURE
2.7 yrs

Bob Bauer

TITLE
Independent Director
COMPENSATION
$142K
AGE
60
TENURE
3.7 yrs

Rick Parod

TITLE
Independent Director
COMPENSATION
$137K
AGE
65
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • Alamo Group insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
25. Mar 19 Sell David Grzelak Individual 22. Mar 19 22. Mar 19 -8,000 €86.61 €-692,876
07. Mar 19 Buy Richard Parod Individual 06. Mar 19 06. Mar 19 1,000 €86.94 €86,710
07. Mar 19 Sell Dan Malone Individual 06. Mar 19 06. Mar 19 -650 €87.02 €-56,561
14. Dec 18 Buy Roderick Baty Individual 14. Dec 18 14. Dec 18 2,000 €67.58 €135,155
05. Sep 18 Sell Richard Wehrle Individual 04. Sep 18 04. Sep 18 -6,000 €82.27 €-493,590
08. Aug 18 Sell Dan Malone Individual 07. Aug 18 07. Aug 18 -1,964 €82.94 €-162,896
14. Jun 18 Sell Richard Raborn Individual 13. Jun 18 13. Jun 18 -569 €80.25 €-45,663
18. May 18 Sell Edward Rizzuti Individual 18. May 18 18. May 18 -374 €84.27 €-31,516
16. May 18 Sell Ronald Robinson Individual 14. May 18 14. May 18 -5,500 €79.84 €-434,025
11. May 18 Sell Ronald Robinson Individual 09. May 18 11. May 18 -19,500 €79.32 €-1,523,160
X
Management checks
We assess Alamo Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Alamo Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AL3 News

Simply Wall St News

AL3 Company Info

Description

Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use worldwide. The company offers hydraulically-powered and tractor-mounted mowers, including boom-mounted mowers; other cutters and replacement parts for heavy-duty and intensive uses; and heavy duty, tractor- and truck-mounted mowing, and vegetation maintenance equipment and replacement parts. It also provides truck-mounted air vacuum, mechanical broom, and regenerative air sweepers; pothole patchers; leaf collection equipment and replacement brooms; parking lot sweepers; excavators; catch basin cleaners and roadway debris vacuum systems; truck-mounted vacuum trucks, combination sewer cleaners, and hydro excavators; ice control products; snow plows and heavy duty snow removal equipment, hitches, and attachments, as well as ice control products; and public works and runway maintenance products, parts, and services. In addition, the company offers rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades, and replacement parts, as well as self-propelled zero turn radius mowers; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts; heavy-duty mechanical rotary mowers, snow blowers, and rock removal equipment; and replacement parts. Further, it provides rotary mowers and tractor attachments; agricultural implements; hydraulic and boom-mounted hedge and grass cutters, and other tractor attachments and implements; hedgerow cutters, industrial grass mowers, and agricultural seedbed preparation cultivators; self-propelled sprayers and multi-drive load-carrying vehicles; cutting blades; hydraulic and mechanical boom mowers; and high pressure cleaning systems and trenchers. The company was founded in 1955 and is headquartered in Seguin, Texas.

Details
Name: Alamo Group Inc.
AL3
Exchange: DB
Founded: 1955
$1,077,106,966
11,740,074
Website: http://www.alamo-group.com
Address: Alamo Group Inc.
1627 East Walnut,
Seguin,
Texas, 78155,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE ALG Common Stock New York Stock Exchange US USD 19. Mar 1993
DB AL3 Common Stock Deutsche Boerse AG DE EUR 19. Mar 1993
Number of employees
Current staff
Staff numbers
3,470
Alamo Group employees.
Industry
Construction Machinery and Heavy Trucks
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 23:19
End of day share price update: 2019/04/25 00:00
Last estimates confirmation: 2019/03/11
Last earnings filing: 2019/03/01
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.