MeritValue

Alto Ingredients, Inc.

ALTOdata completeness 100%16 fiscal years on file
i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$1.21B1$100M2$1.22B3$965.3M3$917.9M3
Net income$46.1M4−$41.6M5−$28M6−$59M6$13.3M6
Operating cash flow$26.8M7$6.05M8$22M9−$3.52M9$13.2M9
Capital expenditure$16.4M10$37.7M11$29.5M12$11.1M12$4.6M12
Free cash flow (derived)$10.4M7−$31.7M8−$7.51M9−$14.6M9$8.65M9
Total debt$100.8M13$146.4M14$172.8M15$192.6M16$164.2M16
Cash & equivalents$50.6M17$36.5M18$30M19$35.5M19$23.4M19
Diluted shares72.2M71.9M73.3M73.5M75.7M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
You’d own
0.000013%
of the whole company
Your share of last year’s profit
$1.76
Your share of its debt
$21.7
Your share of free cash flow
$1.14
iii. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
DCF · Growth Exit 5Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
Earnings Power Value
not applicable
normalized (5y-median) earnings non-positive — EPV undefined
Graham Number
$3.42
assumptions (1)
  • grahamMultiplier2250.0%

Different models answer different questions — which to trust when →

Sources — the receipts
  1. 10-K · period ending 2021-12-31 · accession 0001213900-22-012260 (RevenueFromContractWithCustomerIncludingAssessedTax)
  2. 10-K · period ending 2022-12-31 · accession 0001213900-23-019976 (RevenueFromContractWithCustomerIncludingAssessedTax)
  3. 10-K · period ending 2023-12-31 · accession 0001213900-26-027687 (Revenues)
  4. 10-K · period ending 2021-12-31 · accession 0001213900-24-022351 (NetIncomeLoss)
  5. 10-K · period ending 2022-12-31 · accession 0001213900-25-023709 (NetIncomeLoss)
  6. 10-K · period ending 2023-12-31 · accession 0001213900-26-027687 (NetIncomeLoss)
  7. 10-K · period ending 2021-12-31 · accession 0001213900-24-022351 (NetCashProvidedByUsedInOperatingActivities)
  8. 10-K · period ending 2022-12-31 · accession 0001213900-25-023709 (NetCashProvidedByUsedInOperatingActivities)
  9. 10-K · period ending 2023-12-31 · accession 0001213900-26-027687 (NetCashProvidedByUsedInOperatingActivities)
  10. 10-K · period ending 2021-12-31 · accession 0001213900-24-022351 (PaymentsToAcquirePropertyPlantAndEquipment)
  11. 10-K · period ending 2022-12-31 · accession 0001213900-25-023709 (PaymentsToAcquirePropertyPlantAndEquipment)
  12. 10-K · period ending 2023-12-31 · accession 0001213900-26-027687 (PaymentsToAcquirePropertyPlantAndEquipment)
  13. 10-K · period ending 2021-12-31 · accession 0001213900-23-019976 (LongTermDebtNoncurrent)
  14. 10-K · period ending 2022-12-31 · accession 0001213900-24-022351 (LongTermDebtNoncurrent)
  15. 10-K · period ending 2023-12-31 · accession 0001213900-25-023709 (LongTermDebtNoncurrent)
  16. 10-K · period ending 2024-12-31 · accession 0001213900-26-027687 (LongTermDebtNoncurrent)
  17. 10-K · period ending 2021-12-31 · accession 0001213900-24-022351 (CashAndCashEquivalentsAtCarryingValue)
  18. 10-K · period ending 2022-12-31 · accession 0001213900-25-023709 (CashAndCashEquivalentsAtCarryingValue)
  19. 10-K · period ending 2023-12-31 · accession 0001213900-26-027687 (CashAndCashEquivalentsAtCarryingValue)