Altex Industries, Inc.

OTCPK:ALTX Stock Report

Market Cap: US$2.7m

Altex Industries Valuation

Is ALTX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ALTX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ALTX's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ALTX's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALTX?

Key metric: As ALTX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ALTX. This is calculated by dividing ALTX's market cap by their current earnings.
What is ALTX's PE Ratio?
PE Ratio6.1x
EarningsUS$443.00k
Market CapUS$2.70m

Price to Earnings Ratio vs Peers

How does ALTX's PE Ratio compare to its peers?

The above table shows the PE ratio for ALTX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average6.2x
ECTM ECA Marcellus Trust I
8.5xn/aUS$8.1m
AXAS Abraxas Petroleum
0.09xn/aUS$10.3m
MARP.S Marine Petroleum Trust
11.1xn/aUS$7.8m
CHKR Chesapeake Granite Wash Trust
4.9xn/aUS$21.5m
ALTX Altex Industries
6.1xn/aUS$2.7m

Price-To-Earnings vs Peers: ALTX is good value based on its Price-To-Earnings Ratio (6.1x) compared to the peer average (8.2x).

Price to Earnings Ratio vs Industry

How does ALTX's PE Ratio compare vs other companies in the US Oil and Gas Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AXAS Abraxas Petroleum
0.09xn/aUS$10.27m
BYRO.F Byron Energy
0.03x-10.3%US$312.17k
USOP.Y U.S. Oil and Gas
n/an/aUS$6.00
No more companies available in this PE range
ALTX 6.1xIndustry Avg. 11.8xNo. of Companies19PE0816243240+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ALTX is good value based on its Price-To-Earnings Ratio (6.1x) compared to the US Oil and Gas industry average (11.7x).

Price to Earnings Ratio vs Fair Ratio

What is ALTX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ALTX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ALTX's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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