OTCPK:ALPC

Stock Analysis Report

Executive Summary

Alpha Investment Inc. focuses on real estate and other commercial lending activities.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Alpha Investment's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ALPC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

ALPC

-1.9%

US Mortgage

0.06%

US Market


1 Year Return

n/a

ALPC

5.7%

US Mortgage

19.4%

US Market

Return vs Industry: Insufficient data to determine how ALPC performed against the US Mortgage industry.

Return vs Market: Insufficient data to determine how ALPC performed against the US Market.


Shareholder returns

ALPCIndustryMarket
7 Day0%-1.9%0.06%
30 Day0%-1.8%1.1%
90 Dayn/a-1.8%8.9%
1 Yearn/a8.2%5.7%21.9%19.4%
3 Yearn/a19.0%10.6%48.9%39.3%
5 Yearn/a60.2%42.4%71.9%53.1%

Price Volatility Vs. Market

How volatile is Alpha Investment's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Alpha Investment undervalued compared to its fair value and its price relative to the market?

733.38x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ALPC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ALPC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ALPC is unprofitable, so we can't compare its PE Ratio to the Mortgage industry average.

PE vs Market: ALPC is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ALPC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ALPC is overvalued based on its PB Ratio (733.4x) compared to the US Mortgage industry average (1.1x).


Next Steps

Future Growth

How is Alpha Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

Forecasted Banks industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Alpha Investment has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of ALPC’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Alpha Investment's filings and announcements here.
  • Explore growth companies in the Banks industry.

Past Performance

How has Alpha Investment performed over the past 5 years?

-71.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALPC is currently unprofitable.

Growing Profit Margin: ALPC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ALPC is unprofitable, and losses have increased over the past 5 years at a rate of -71.7% per year.

Accelerating Growth: Unable to compare ALPC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ALPC is unprofitable, making it difficult to compare its past year earnings growth to the Mortgage industry (11.1%).


Return on Equity

High ROE: ALPC has a negative Return on Equity (-128.55%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Alpha Investment's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: ALPC has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if ALPC's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: ALPC has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ALPC has less than a year of cash runway if free cash flow continues to reduce at historical rates of -40.1% each year


Financial Institutions Analysis

Asset Level: ALPC's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if ALPC has a sufficient allowance for bad loans.

Low Risk Liabilities: ALPC reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if ALPC has an acceptable proportion of non-loan assets held.

Low Risk Deposits: ALPC has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if ALPC has an appropriate level of bad loans.


Next Steps

Dividend

What is Alpha Investment's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate ALPC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ALPC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ALPC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ALPC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ALPC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Todd Buxton (50yo)

2.9yrs

Tenure

Mr. Todd C. Buxton has been Vice Chairman of the Board and Chief Executive Officer of Alpha Investment Inc. (formerly GoGo Baby, Inc.) since March 17, 2017. Mr. Buxton is an Acting Chief Financial Officer  ...


CEO Compensation Analysis

Compensation vs Market: Todd's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD2.50M).

Compensation vs Earnings: Insufficient data to compare Todd's compensation with company performance.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Alpha Investment Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alpha Investment Inc.
  • Ticker: ALPC
  • Exchange: OTCPK
  • Founded: 2013
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$809.221m
  • Shares outstanding: 40.46m
  • Website: https://www.alphainvestinc.com

Location

  • Alpha Investment Inc.
  • 200 East Campus View Boulevard
  • Suite 200
  • Columbus
  • Ohio
  • 43235
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALPCOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 2016

Biography

Alpha Investment Inc. focuses on real estate and other commercial lending activities. The company was formerly known as GoGo Baby, Inc. and changed its name to Alpha Investment Inc. in April 2017 to reflect its new business plan. Alpha Investment Inc. was incorporated in 2013 and is based in Columbus, Ohio. As of March 17, 2017, Alpha Investment Inc. operates as a subsidiary of Omega Commercial Finance Corp. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 01:40
End of Day Share Price2019/12/09 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.