AMEX:APT

Stock Analysis Report

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Executive Summary

Alpha Pro Tech, Ltd., together with its subsidiaries, engages in developing, manufacturing, and marketing a line of disposable protective apparel and infection control, and building supply products in the United States and internationally. More Details


Snowflake Analysis

Outstanding track record with flawless balance sheet.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: APT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.9%

APT

-1.0%

US Building

-1.4%

US Market


1 Year Return

294.7%

APT

13.3%

US Building

17.8%

US Market

Return vs Industry: APT exceeded the US Building industry which returned 15.4% over the past year.

Return vs Market: APT exceeded the US Market which returned 18.5% over the past year.


Shareholder returns

APTIndustryMarket
7 Day2.9%-1.0%-1.4%
30 Day8.1%7.9%4.7%
90 Day-33.7%16.6%8.2%
1 Year294.7%294.7%21.1%13.3%20.5%17.8%
3 Year269.3%269.3%35.4%23.5%42.2%32.7%
5 Year620.8%620.8%85.3%57.0%83.4%62.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: APT ($14.92) is trading below our estimate of fair value ($140.77)

Significantly Below Fair Value: APT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: APT is good value based on its PE Ratio (15.9x) compared to the US Building industry average (27.1x).

PE vs Market: APT is good value based on its PE Ratio (15.9x) compared to the US market (19x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: APT is overvalued based on its PB Ratio (4.3x) compared to the US Building industry average (2.9x).


Next Steps

Future Growth

How is Alpha Pro Tech forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

48.9%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if APT's forecast earnings growth is above the savings rate (2.2%).

Earnings vs Market: Insufficient data to determine if APT's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: APT's revenue (48.9% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: APT's revenue (48.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if APT's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Alpha Pro Tech performed over the past 5 years?

31.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: APT has high quality earnings.

Growing Profit Margin: APT's current net profit margins (18.5%) are higher than last year (9.3%).


Past Earnings Growth Analysis

Earnings Trend: APT's earnings have grown significantly by 31.2% per year over the past 5 years.

Accelerating Growth: APT's earnings growth over the past year (182%) exceeds its 5-year average (31.2% per year).

Earnings vs Industry: APT earnings growth over the past year (182%) exceeded the Building industry -13.2%.


Return on Equity

High ROE: APT's Return on Equity (26.4%) is considered high.


Next Steps

Financial Health

How is Alpha Pro Tech's financial position?


Financial Position Analysis

Short Term Liabilities: APT's short term assets ($48.7M) exceed its short term liabilities ($11.7M).

Long Term Liabilities: APT's short term assets ($48.7M) exceed its long term liabilities ($2.1M).


Debt to Equity History and Analysis

Debt Level: APT is debt free.

Reducing Debt: APT has not had any debt for past 5 years.

Debt Coverage: APT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: APT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Alpha Pro Tech current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if APT'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 APT'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?

4.8yrs

Average management tenure


CEO

Lloyd Hoffman (60 yo)

4.75yrs

Tenure

US$934,000

Compensation

Mr. Lloyd Hoffman has been the Chief Executive Officer of Alpha Pro Tech, Ltd. (“the Company”) since January 4, 2016 and its President since December 27, 2017. Mr. Hoffman served as its Chief Financial Off ...


CEO Compensation Analysis

Compensation vs Market: Lloyd's total compensation ($USD934.00K) is about average for companies of similar size in the US market ($USD1.27M).

Compensation vs Earnings: Lloyd's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Lloyd Hoffman
CEO, President & Director4.75yrsUS$934.00k0.0074%
$ 14.9k
Colleen McDonald
Chief Financial Officer4.75yrsUS$305.90k0.011%
$ 22.4k
Charles Montgomery
Senior VP of Manufacturing & Director13.33yrsUS$544.01kno data
Donna Millar
Investor Relations & Director2.83yrsUS$127.00k9.24%
$ 18.7m
Chris Louisos
Senior Vice President of Sales & Marketingno datano datano data
Bruce Hayden
Senior Vice President of Sales & Marketingno datano datano data

4.8yrs

Average Tenure

63.5yo

Average Age

Experienced Management: APT's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lloyd Hoffman
CEO, President & Director4.75yrsUS$934.00k0.0074%
$ 14.9k
Charles Montgomery
Senior VP of Manufacturing & Director13.33yrsUS$544.01kno data
Donna Millar
Investor Relations & Director2.83yrsUS$127.00k9.24%
$ 18.7m
John Ritota
Independent Director28.83yrsUS$36.05k0.37%
$ 758.7k
Russell Manock
Independent Director20.33yrsUS$46.05k0.074%
$ 149.2k
David Garcia
Independent Director10yrsUS$35.05kno data
James W. Buchan
Independent Director3.58yrsUS$36.05kno data

10.0yrs

Average Tenure

70yo

Average Age

Experienced Board: APT's board of directors are seasoned and experienced ( 10 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.


Top Shareholders

Company Information

Alpha Pro Tech, Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alpha Pro Tech, Ltd.
  • Ticker: APT
  • Exchange: AMEX
  • Founded: 1983
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: US$202.731m
  • Shares outstanding: 13.59m
  • Website: https://www.alphaprotech.com

Number of Employees


Location

  • Alpha Pro Tech, Ltd.
  • 60 Centurian Drive
  • Suite 112
  • Markham
  • Ontario
  • L3R 9R2
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APTAMEX (NYSE MKT LLC)YesCommon StockUSUSDMar 1993
APLDB (Deutsche Boerse AG)YesCommon StockDEEURMar 1993

Biography

Alpha Pro Tech, Ltd., together with its subsidiaries, engages in developing, manufacturing, and marketing a line of disposable protective apparel and infection control, and building supply products in the ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 23:34
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.