AMEX:APT

Stock Analysis Report

Executive Summary

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.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.


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


Market Performance


7 Day Return

4.5%

APT

1.6%

US Building

0.4%

US Market


1 Year Return

5.4%

APT

20.7%

US Building

6.9%

US Market

Return vs Industry: APT underperformed the US Building industry which returned 20.7% over the past year.

Return vs Market: APT underperformed the US Market which returned 6.9% over the past year.


Shareholder returns

APTIndustryMarket
7 Day4.5%1.6%0.4%
30 Day7.9%1.1%-1.1%
90 Day2.5%6.0%-0.5%
1 Year5.4%5.4%22.6%20.7%9.3%6.9%
3 Year4.5%4.5%30.9%19.9%45.8%36.4%
5 Year-22.5%-22.5%59.2%39.7%62.9%45.1%

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?

11.34x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: APT ($3.69) is trading above our estimate of fair value ($0.79)

Significantly Undervalued: APT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: APT is good value based on its PE Ratio (11.3x) compared to the Building industry average (20.5x).

PE vs Market: APT is good value based on its PE Ratio (11.3x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

Low 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 good value based on its PB Ratio (1.5x) compared to the US Building industry average (2.2x).


Next Steps

Future Growth

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

11.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: APT's forecast earnings growth (11.4% per year) is above the savings rate (2.7%).

Earnings vs Market: APT's earnings (11.4% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: APT's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if APT's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if APT's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High 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?

12.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: APT's earnings have grown by 12.6% per year over the past 5 years.

Accelerating Growth: APT's earnings growth over the past year (59.7%) exceeds its 5-year average (12.6% per year).

Earnings vs Industry: APT earnings growth over the past year (59.7%) exceeded the Building industry 7.7%.


Return on Equity

High ROE: APT's Return on Equity (13.2%) is considered low.


Return on Assets

ROA vs Industry: APT has a higher Return on Assets than the Building industry average last year.


Return on Capital Employed

ROCE Improving: APT has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Alpha Pro Tech's financial position?


Financial Position Analysis

Short Term Liabilities: APT's short term assets ($27.2M) exceeds its short term liabilities ($2.1M)

Long Term Liabilities: APT's short term assets (27.2M) exceeds its long term liabilities (2.6M)


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

Inventory Level: APT has a high level of physical assets or inventory.

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


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

What is the CEO of Alpha Pro Tech's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average management tenure


CEO

Lloyd Hoffman (59yo)

3.8yrs

Tenure

US$1,011,300

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 ($USD1.01M) is about average for companies of similar size in the US market ($USD489.74K).

Compensation vs Earnings: Lloyd's compensation has increased by more than 20% in the past year.


Management Age and Tenure

3.8yrs

Average Tenure

62.5yo

Average Age

Experienced Management: APT's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

9.0yrs

Average Tenure

69yo

Average Age

Experienced Board: APT's board of directors are considered experienced (9 years average tenure).


Insider Trading

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


Ownership Breakdown


Management Team

  • Lloyd Hoffman (59yo)

    CEO, President & Director

    • Tenure: 3.8yrs
    • Compensation: US$1.01m
  • Bruce Hayden

    Senior Vice President of Sales & Marketing

    • Tenure: 0yrs
  • Danny Montgomery (71yo)

    Senior VP of Manufacturing & Engineered Products and Director

    • Tenure: 12.8yrs
    • Compensation: US$622.10k
  • Charles Montgomery

    Senior Vice President

    • Tenure: 0yrs
  • Colleen McDonald (48yo)

    Chief Financial Officer

    • Tenure: 3.8yrs
    • Compensation: US$364.08k
  • Chris Louisos

    Senior Vice President of Sales & Marketing

    • Tenure: 0yrs
  • Donna Millar (66yo)

    Investor Relations & Director

    • Tenure: 1.8yrs
    • Compensation: US$127.00k

Board Members

  • Lloyd Hoffman (59yo)

    CEO, President & Director

    • Tenure: 3.8yrs
    • Compensation: US$1.01m
  • John Ritota (69yo)

    Director

    • Tenure: 27.8yrs
    • Compensation: US$45.30k
  • Russ Manock (72yo)

    Director

    • Tenure: 19.3yrs
    • Compensation: US$55.30k
  • Danny Montgomery (71yo)

    Senior VP of Manufacturing & Engineered Products and Director

    • Tenure: 12.8yrs
    • Compensation: US$622.10k
  • David Garcia (71yo)

    Director

    • Tenure: 9yrs
    • Compensation: US$44.30k
  • James W. Buchan (52yo)

    Director

    • Tenure: 2.5yrs
    • Compensation: US$45.30k
  • Donna Millar (66yo)

    Investor Relations & Director

    • Tenure: 1.8yrs
    • Compensation: US$127.00k

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$48.409m
  • Shares outstanding: 13.12m
  • 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, building supply products, and infection control products i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 23:31
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.