OTCPK:ALPP

Stock Analysis Report

Alpine 4 Technologies

Executive Summary

Alpine 4 Technologies Ltd., a technology holding company, provides electronic contract manufacturing solutions in the United states.

Risk Analysis

Earnings have declined by -39.23% per year over past 5 years

Shareholders have been substantially diluted in the past year

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

+ 1 more risk


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Alpine 4 Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

49.0%

ALPP

-2.3%

US Electronic

0.06%

US Market


1 Year Return

63.3%

ALPP

7.7%

US Electronic

19.4%

US Market

Return vs Industry: ALPP exceeded the US Electronic industry which returned 7.7% over the past year.

Return vs Market: ALPP exceeded the US Market which returned 19.4% over the past year.


Shareholder returns

ALPPIndustryMarket
7 Day49.0%-2.3%0.06%
30 Day-42.4%-6.2%1.1%
90 Day-34.7%1.1%8.9%
1 Year63.3%63.3%8.8%7.7%21.9%19.4%
3 Year-98.5%-98.5%34.4%30.8%48.9%39.3%
5 Yearn/a66.6%58.5%71.9%53.1%

Price Volatility Vs. Market

How volatile is Alpine 4 Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Alpine 4 Technologies undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Alpine 4 Technologies is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Alpine 4 Technologies has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of ALPP’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Alpine 4 Technologies regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

How is Alpine 4 Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.6%

Forecasted Tech 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 Alpine 4 Technologies 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 ALPP’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 Alpine 4 Technologies's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Alpine 4 Technologies performed over the past 5 years?

-39.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALPP is currently unprofitable.

Growing Profit Margin: ALPP is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ALPP is unprofitable, and losses have increased over the past 5 years at a rate of -39.2% per year.

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

Earnings vs Industry: ALPP is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (14.6%).


Return on Equity

High ROE: ALPP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Alpine 4 Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: ALPP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ALPP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ALPP has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ALPP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

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

Debt Coverage by Assets: ALPP has negative shareholder equity (liabilities exceed assets) therefore debt is not 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: ALPP has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: ALPP has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of -38.8% each year.


Next Steps

Dividend

What is Alpine 4 Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate ALPP'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 ALPP's dividends per share have been stable in the past.

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

4.7yrs

Average board tenure


CEO

Kent Wilson (46yo)

5.7yrs

Tenure

US$288,400

Compensation

Mr. Kent B. Wilson has been Chief Executive Officer, President, Secretary and Director of Alpine 4 Technologies, Ltd. since June 2014 and serves as its Chief Financial Officer. Mr. Wilson has been Chief Ex ...


CEO Compensation Analysis

Compensation vs Market: Kent's total compensation ($USD288.40K) is below average for companies of similar size in the US market ($USD519.76K).

Compensation vs Earnings: Kent's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Kent Wilson
President5.7yrsUS$288.40k5.22% $597.1k
Ian Kantrowitz
Director of Investor Relations & Director4.5yrsUS$26.00k2.55% $292.2k
Shannon Rigney
Chair of Advisory Board4.5yrsno datano data
Charles Winters
Non-Executive Chairman4.8yrsUS$26.00k1.89% $216.6k
Scott Edwards
Director5.6yrsUS$7.80k0.71% $81.1k
Michael Parsons
Member of Advisory Board0yrsno datano data
Christophe Jeunot
Member of Advisory Board0yrsno datano data
Jamal Hawash
Member of Advisory Board0yrsno datano data
Gerry Garcia
Member of Advisory Board0yrsno datano data

4.7yrs

Average Tenure

44yo

Average Age

Experienced Board: ALPP's board of directors are considered experienced (4.7 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 101.4%.


Top Shareholders

Company Information

Alpine 4 Technologies Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alpine 4 Technologies Ltd.
  • Ticker: ALPP
  • Exchange: OTCPK
  • Founded: 2014
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: US$11.446m
  • Shares outstanding: 116.80m
  • Website: https://www.alpine4.com

Number of Employees


Location

  • Alpine 4 Technologies Ltd.
  • 2525 East Arizona Biltmore Circle
  • Suite 237
  • Phoenix
  • Arizona
  • 85016
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALPPOTCPK (Pink Sheets LLC)YesClass A Common StockUSUSDDec 2016

Biography

Alpine 4 Technologies Ltd., a technology holding company, provides electronic contract manufacturing solutions in the United states. It also offers automotive technologies, including 6th Sense Auto, a connected car technology that provides various advantages to management, sales, finance, and service departments in the automotive dealership industry to enhance productivity, profitability, and customer retention; and BrakeActive, a safety device that enhances vehicle’s third brake light’s ability to reduce or prevent a rear end collision. In addition, the company provides fabricated metal parts, assemblies, and sub-assemblies to original equipment manufacturers; and designs, fabricates, and installs dust collectors, commercial ductwork, kitchen hoods, industrial ventilation systems, machine guards, architectural work, water furnaces, and others, as well as specialized spiral duct work. The company was formerly known as Alpine 4 Automotive Technologies Ltd. and changed its name to Alpine 4 Technologies Ltd. in June 2015. Alpine 4 Technologies Ltd. was founded in 2014 and is based in Phoenix, Arizona. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 02:18
End of Day Share Price2020/02/18 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.