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Alpha Pro Tech

AMEX:APT
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
APT
AMEX
$46M
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Alpha Pro Tech, Ltd., together with its subsidiaries, engages in developing, manufacturing, and marketing a line of disposable protective apparel, building supply products, and infection control products in the United States and internationally. The last earnings update was 76 days ago. More info.


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APT Share Price and Events
7 Day Returns
0.6%
AMEX:APT
-1.9%
US Building
-1.2%
US Market
1 Year Returns
0%
AMEX:APT
1.1%
US Building
3.3%
US Market
APT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Alpha Pro Tech (APT) 0.6% -1.1% -3.3% 0% 40.6% 72.4%
US Building -1.9% 1% 3.9% 1.1% 6.9% 25.2%
US Market -1.2% 0.8% 0.9% 3.3% 35.9% 41.7%
1 Year Return vs Industry and Market
  • APT underperformed the Building industry which returned 1.1% over the past year.
  • APT underperformed the Market in United States of America which returned 3.3% over the past year.
Price Volatility
APT
Industry
5yr Volatility vs Market

APT Value

 Is Alpha Pro Tech 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 Alpha Pro Tech 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 Alpha Pro Tech.

AMEX:APT Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 AMEX:APT
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Building Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.131 (1 + (1- 26.5%) (7.09%))
1.127
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.127 * 5.96%)
9.45%

Discounted Cash Flow Calculation for AMEX:APT using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Alpha Pro Tech 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.

AMEX:APT DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.45%)
2020 1.19 Est @ -48.37% 1.09
2021 0.80 Est @ -33.04% 0.67
2022 0.62 Est @ -22.31% 0.47
2023 0.53 Est @ -14.8% 0.37
2024 0.48 Est @ -9.54% 0.30
2025 0.45 Est @ -5.86% 0.26
2026 0.44 Est @ -3.28% 0.23
2027 0.43 Est @ -1.48% 0.21
2028 0.43 Est @ -0.22% 0.19
2029 0.43 Est @ 0.67% 0.17
Present value of next 10 years cash flows $3.97
AMEX:APT DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $0.43 × (1 + 2.73%) ÷ (9.45% – 2.73%)
$6.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $6.59 ÷ (1 + 9.45%)10
$2.67
AMEX:APT Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3.97 + $2.67
$6.64
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $6.64 / 13.28
$0.5
AMEX:APT Discount to Share Price
Calculation Result
Value per share (USD) From above. $0.50
Current discount Discount to share price of $3.50
= -1 x ($3.50 - $0.50) / $0.50
-600.2%

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

  • The current share price of Alpha Pro Tech is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Alpha Pro Tech's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Alpha Pro Tech's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AMEX:APT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.32
AMEX:APT Share Price ** AMEX (2019-07-22) in USD $3.5
United States of America Building Industry PE Ratio Median Figure of 31 Publicly-Listed Building Companies 18.5x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.86x

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

** Primary Listing of Alpha Pro Tech.

AMEX:APT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:APT Share Price ÷ EPS (both in USD)

= 3.5 ÷ 0.32

11.06x

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

  • Alpha Pro Tech is good value based on earnings compared to the US Building industry average.
  • Alpha Pro Tech is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Alpha Pro Tech's expected growth come at a high price?
Raw Data
AMEX:APT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
12.3%per year
United States of America Building Industry PEG Ratio Median Figure of 26 Publicly-Listed Building Companies 1.32x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Alpha Pro Tech, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Alpha Pro Tech's assets?
Raw Data
AMEX:APT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $2.45
AMEX:APT Share Price * AMEX (2019-07-22) in USD $3.5
United States of America Building Industry PB Ratio Median Figure of 37 Publicly-Listed Building Companies 2.21x
United States of America Market PB Ratio Median Figure of 5,248 Publicly-Listed Companies 1.79x
AMEX:APT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:APT Share Price ÷ Book Value per Share (both in USD)

= 3.5 ÷ 2.45

1.43x

* Primary Listing of Alpha Pro Tech.

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

  • Alpha Pro Tech is good value based on assets compared to the US Building industry average.
X
Value checks
We assess Alpha Pro Tech'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 Building 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 Building industry average (and greater than 0)? (1 check)
  5. Alpha Pro Tech 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.

APT Future Performance

 How is Alpha Pro Tech expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Alpha Pro Tech, future earnings growth has been estimated based on fundamentals.
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
12.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Alpha Pro Tech expected to grow at an attractive rate?
  • Alpha Pro Tech's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Alpha Pro Tech's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Alpha Pro Tech's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AMEX:APT Future Growth Rates Data Sources
Data Point Source Value (per year)
AMEX:APT Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 12.3%
United States of America Building Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
United States of America Building Industry Revenue Growth Rate Market Cap Weighted Average 4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*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
AMEX:APT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AMEX:APT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
AMEX:APT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 47 3 4
2018-12-31 47 2 4
2018-09-30 46 2 3
2018-06-30 46 2 3
2018-03-31 45 1 3
2017-12-31 44 4 3
2017-09-30 44 3 3
2017-06-30 44 6 3
2017-03-31 45 8 3
2016-12-31 46 7 3
2016-09-30 46 10 3
2016-06-30 47 10 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Alpha Pro Tech's earnings are expected to grow by 12.3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Alpha Pro Tech is high growth as no revenue estimate data is available.
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
AMEX:APT 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 0 Analyst Estimates (S&P Global) See Below

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

AMEX:APT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
AMEX:APT Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.32
2018-12-31 0.26
2018-09-30 0.23
2018-06-30 0.19
2018-03-31 0.18
2017-12-31 0.18
2017-09-30 0.22
2017-06-30 0.21
2017-03-31 0.20
2016-12-31 0.19
2016-09-30 0.15
2016-06-30 0.11

*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.
  • Unable to establish if Alpha Pro Tech will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Alpha Pro Tech'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Alpha Pro Tech has a total score of 1/6, 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.

APT Past Performance

  How has Alpha Pro Tech 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 Alpha Pro Tech's growth in the last year to its industry (Building).
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.
  • Alpha Pro Tech's year on year earnings growth rate has been positive over the past 5 years.
  • Alpha Pro Tech's 1-year earnings growth exceeds its 5-year average (67.3% vs 10.4%)
  • Alpha Pro Tech's earnings growth has exceeded the US Building industry average in the past year (67.3% vs 24.3%).
Earnings and Revenue History
Alpha Pro Tech'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 Alpha Pro Tech Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AMEX:APT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 47.49 4.34 13.11
2018-12-31 46.62 3.63 13.31
2018-09-30 45.60 3.18 13.09
2018-06-30 45.54 2.75 13.87
2018-03-31 44.72 2.59 13.74
2017-12-31 44.03 2.63 13.34
2017-09-30 43.92 3.30 13.09
2017-06-30 43.65 3.22 12.80
2017-03-31 45.08 3.21 12.79
2016-12-31 46.18 3.17 12.77
2016-09-30 46.36 2.62 12.77
2016-06-30 46.76 1.91 13.49
2016-03-31 46.15 1.40 13.67
2015-12-31 44.96 1.04 13.79
2015-09-30 47.15 1.35 14.53
2015-06-30 48.19 2.01 13.94
2015-03-31 48.35 2.62 13.72
2014-12-31 47.65 2.74 13.51
2014-09-30 45.93 2.81 13.19
2014-06-30 45.41 2.75 13.09
2014-03-31 44.31 2.33 12.97
2013-12-31 43.81 2.08 13.12
2013-09-30 43.15 1.51 13.21
2013-06-30 41.19 1.02 13.10
2013-03-31 40.89 0.92 13.14
2012-12-31 41.06 0.98 12.88
2012-09-30 40.37 1.21 12.18

*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.
  • Alpha Pro Tech has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Alpha Pro Tech used its assets more efficiently than the US Building industry average last year based on Return on Assets.
  • Alpha Pro Tech has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Alpha Pro Tech'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 Building 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.
Alpha Pro Tech 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.

APT Health

 How is Alpha Pro Tech'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 Alpha Pro Tech's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Alpha Pro Tech is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Alpha Pro Tech's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Alpha Pro Tech'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.
  • Alpha Pro Tech has no debt, it does not need to be covered by short term assets.
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 Alpha Pro Tech Company Filings, last reported 3 months ago.

AMEX:APT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 32.59 0.00 4.91
2018-12-31 32.19 0.00 7.27
2018-09-30 32.04 0.00 7.11
2018-06-30 31.49 0.00 7.44
2018-03-31 31.41 0.00 6.04
2017-12-31 31.32 0.00 9.11
2017-09-30 32.35 0.00 9.22
2017-06-30 32.58 0.00 9.40
2017-03-31 32.07 0.00 8.38
2016-12-31 32.66 0.00 10.06
2016-09-30 34.83 0.00 12.39
2016-06-30 35.62 0.00 11.16
2016-03-31 35.86 0.00 8.80
2015-12-31 36.11 0.00 10.34
2015-09-30 36.59 0.00 7.40
2015-06-30 37.23 0.00 5.41
2015-03-31 37.42 0.00 3.41
2014-12-31 37.91 0.00 8.34
2014-09-30 36.67 0.00 9.48
2014-06-30 35.93 0.00 8.13
2014-03-31 35.67 0.00 7.10
2013-12-31 35.58 0.00 9.82
2013-09-30 34.82 0.00 8.58
2013-06-30 34.00 0.00 6.53
2013-03-31 34.12 0.00 3.70
2012-12-31 34.83 0.00 4.85
2012-09-30 35.43 0.00 5.89
  • Alpha Pro Tech has no debt.
  • Alpha Pro Tech has not taken on any debt in the past 5 years.
  • Alpha Pro Tech has no debt, it does not need to be covered by operating cash flow.
  • Alpha Pro Tech has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Alpha Pro Tech'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. Alpha Pro Tech has a total score of 6/6, 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.

APT Dividends

 What is Alpha Pro Tech'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%
Current annual income from Alpha Pro Tech dividends.
If you bought $2,000 of Alpha Pro Tech shares you are expected to receive $0 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?
  • Unable to evaluate Alpha Pro Tech's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Alpha Pro Tech's dividend against the top 25% market benchmark as the company has not reported any payouts.
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
AMEX:APT 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 0 Analyst Estimates (S&P Global) See Below
United States of America Building Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 1.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

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

AMEX:APT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as Alpha Pro Tech has not reported any payouts.
  • Unable to verify if Alpha Pro Tech's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Alpha Pro Tech's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Alpha Pro Tech has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Alpha Pro Tech'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 Alpha Pro Tech afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Alpha Pro Tech 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.

APT Management

 What is the CEO of Alpha Pro Tech'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
Lloyd Hoffman
COMPENSATION $1,011,300
AGE 59
TENURE AS CEO 3.5 years
CEO Bio

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 Officer since September 2002 until 2015. Mr. Hoffman served as Principal Accounting Officer and Senior Vice President at Alpha Pro Tech Ltd. Mr. Hoffman served as Senior Vice President of Finance and Administration at Alpha Pro Tech Ltd. from 1999 to 2002. Mr. Hoffman joined Alpha Pro Tech Ltd. on November 15, 1991. From 1987 to 1991, Mr. Hoffman was in charge of Finance and Administration and a Partner in Software Concepts Inc. a developer of software for association and magazine publisher. He has been a Director of Alpha Pro Tech, Ltd. since January 4, 2016.

CEO Compensation
  • Lloyd's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Lloyd's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Alpha Pro Tech management team in years:

3.5
Average Tenure
62.5
Average Age
  • The tenure for the Alpha Pro Tech management team is about average.
Management Team

Lloyd Hoffman

TITLE
CEO, President & Director
COMPENSATION
$1M
AGE
59
TENURE
3.5 yrs

Colleen McDonald

TITLE
Chief Financial Officer
COMPENSATION
$364K
AGE
48
TENURE
3.5 yrs

Donna Millar

TITLE
Investor Relations & Director
COMPENSATION
$381K
AGE
66

Danny Montgomery

TITLE
Senior VP of Manufacturing & Engineered Products and Director
COMPENSATION
$622K
AGE
71
TENURE
12.5 yrs

Charles Montgomery

TITLE
Senior Vice President

Chris Louisos

TITLE
Senior Vice President of Sales & Marketing

Bruce Hayden

TITLE
Senior Vice President of Sales & Marketing
Board of Directors Tenure

Average tenure and age of the Alpha Pro Tech board of directors in years:

8.8
Average Tenure
69
Average Age
  • The tenure for the Alpha Pro Tech board of directors is about average.
Board of Directors

Lloyd Hoffman

TITLE
CEO, President & Director
COMPENSATION
$1M
AGE
59
TENURE
3.5 yrs

Donna Millar

TITLE
Investor Relations & Director
COMPENSATION
$381K
AGE
66
TENURE
1.6 yrs

Danny Montgomery

TITLE
Senior VP of Manufacturing & Engineered Products and Director
COMPENSATION
$622K
AGE
71
TENURE
12.5 yrs

John Ritota

TITLE
Director
COMPENSATION
$45K
AGE
69
TENURE
27.6 yrs

Russ Manock

TITLE
Director
COMPENSATION
$55K
AGE
72
TENURE
19.1 yrs

James W. Buchan

TITLE
Director
COMPENSATION
$45K
AGE
52
TENURE
2.3 yrs

David Garcia

TITLE
Director
COMPENSATION
$44K
AGE
71
TENURE
8.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
24. Sep 18 Sell Russell Manock Individual 24. Sep 18 24. Sep 18 -15,000 $3.60 $-53,988
X
Management checks
We assess Alpha Pro Tech'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. Alpha Pro Tech 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.

APT News

Simply Wall St News

With A Return On Equity Of 13%, Has Alpha Pro Tech, Ltd.'s (NYSEMKT:APT) Management Done Well?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Alpha Pro Tech: 13% = US$4.3m ÷ US$33m (Based on the trailing twelve months to March 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Does Alpha Pro Tech Have A Good Return On Equity? … Alpha Pro Tech's Debt And Its 13% ROE Shareholders will be pleased to learn that Alpha Pro Tech has not one iota of net debt!

Simply Wall St -

Is Alpha Pro Tech, Ltd. (NYSEMKT:APT) Excessively Paying Its CEO?

First, this article will compare CEO compensation with compensation at similar sized companies. … Check out our latest analysis for Alpha Pro Tech How Does Lloyd Hoffman's Compensation Compare With Similar Sized Companies? … We compared the total CEO remuneration paid by Alpha Pro Tech, Ltd., and compared it to remuneration at a group of similar sized companies.

Simply Wall St -

Read This Before You Buy Alpha Pro Tech, Ltd. (NYSEMKT:APT) Because Of Its P/E Ratio

Alpha Pro Tech has a price to earnings ratio of 11.38, based on the last twelve months. … See our latest analysis for Alpha Pro Tech How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for Alpha Pro Tech: P/E of 11.38 = $3.6 ÷ $0.32 (Based on the year to March 2019.) Is A High Price-to-Earnings Ratio Good?

Simply Wall St -

Why Alpha Pro Tech, Ltd. (NYSEMKT:APT) Is An Attractive Investment To Consider

AMEX:APT Income Statement, May 14th 2019 Next Steps: For Alpha Pro Tech, I've put together three important aspects you should look at: Future Outlook: What are well-informed industry analysts predicting for APT’s future growth? … Take a look at our free research report of analyst consensus for APT’s outlook. … The intrinsic value infographic in our free research report helps visualize whether APT is currently mispriced by the market.

Simply Wall St -

Alpha Pro Tech, Ltd.'s (NYSEMKT:APT) Earnings Grew 38%, Did It Beat Long-Term Trend?

Today I will assess APT's recent performance announced on 31 December 2018 and weigh these figures against its long-term trend and industry movements. … Did APT beat its long-term earnings growth trend and its industry. … APT's trailing twelve-month earnings (from 31 December 2018) of US$3.6m has.

Simply Wall St -

What Kind Of Shareholder Appears On The Alpha Pro Tech, Ltd.'s (NYSEMKT:APT) Shareholder Register?

Alpha Pro Tech is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that. … Check out our latest analysis for Alpha Pro Tech

Simply Wall St -

Why Alpha Pro Tech, Ltd.’s (NYSEMKT:APT) Return On Capital Employed Might Be A Concern

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

Does Alpha Pro Tech, Ltd. (NYSEMKT:APT) Have A Particularly Volatile Share Price?

(NYSEMKT:APT), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

How Should Investors React To Alpha Pro Tech, Ltd.'s (NYSEMKT:APT) CEO Pay?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Lloyd Hoffman's Compensation Compare With Similar Sized Companies. … is worth US$52m, and total annual CEO compensation is US$635k.

Simply Wall St -

Here's What Alpha Pro Tech, Ltd.'s (NYSEMKT:APT) P/E Is Telling Us

We'll show how you can use Alpha Pro Tech, Ltd.'s (NYSEMKT:APT) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Alpha Pro Tech's P/E ratio is 18.29. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

APT Company Info

Description

Alpha Pro Tech, Ltd., together with its subsidiaries, engages in developing, manufacturing, and marketing a line of disposable protective apparel, building supply products, and infection control products in the United States and internationally. The company operates through three segments: Building Supply, Disposable Protective Apparel, and Infection Control. The Building Supply segment offers construction weatherization products, such as house wrap, synthetic roof underlayment, and other woven materials. The Disposable Protective Apparel segment provides shoe covers, bouffant caps, gowns, coveralls, lab coats, hoods, frocks, and other miscellaneous products. The Infection Control segment offers face masks and eye shields. The company provides its products under the Alpha Pro Tech brand name, as well as under private labels. Its products are used primarily in cleanrooms; industrial safety manufacturing environments; health care facilities, such as hospitals, laboratories, and dental offices; pharmaceutical markets; and building and re-roofing sites. The company distributes its products through a network of purchasing groups, distributors, and independent sales representatives, as well as through its sales and marketing force. Alpha Pro Tech, Ltd. was founded in 1983 and is based in Markham, Canada.

Details
Name: Alpha Pro Tech, Ltd.
APT
Exchange: AMEX
Founded: 1983
$46,483,556
13,281,016
Website: http://www.alphaprotech.com
Address: Alpha Pro Tech, Ltd.
60 Centurian Drive,
Suite 112,
Markham,
Ontario, L3R 9R2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX APT Common Stock NYSE MKT LLC US USD 31. Mar 1993
DB APL Common Stock Deutsche Boerse AG DE EUR 31. Mar 1993
Number of employees
Current staff
Staff numbers
108
Alpha Pro Tech employees.
Industry
Building Products
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 23:32
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2018/03/08
Last earnings filing: 2019/05/07
Last earnings reported: 2019/03/31
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.