Alto Ingredients Stock Fair Value – Florida Retirement System Invests Heavily in Alto Ingredients, with $435000 Investment.
February 16, 2023
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Alto Ingredients Stock Fair Value – The Florida Retirement System’s State Board of Administration has made a major investment in Alto Ingredients ($NASDAQ:ALTO), Inc. In an effort to diversify their portfolio, the Board has decided to invest $435,000 into the company. Alto Ingredients, Inc. is a US-based maker of plant-based ingredients, specializing in plant-based proteins, fats, fibers, and starches for the food industry. In addition to its major investments in research and development, Alto Ingredients has a strong focus on sustainability and natural ingredients. The company’s products are used in numerous food products found nationwide, making them a viable investment for the State Board of Administration.
The Florida Retirement System is the largest public pension fund in the United States and invests in companies that it believes are well-suited for long term growth and expected returns. The Board of Administration believes that this investment is well-suited to their goals and expectations, as Alto Ingredients is well-positioned to capitalize on the growth of the plant-based food industry. This sizable investment shows that the Board of Administration is confident in their decision to invest in Alto Ingredients and its promising future.
Price History
On Tuesday, the Florida Retirement System made a notable investment in Alto Ingredients, Inc. of $435,000. At the time of writing, the media sentiment towards this investment was mostly positive. The stock opened at $3.3 and closed at the same price, marking a decrease of 2.1% in relation to its last closing price. This modest downturn in stock price could be attributed to other market factors and did not appear to directly affect the investment decision by the Florida Retirement System. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Alto Ingredients. More…
| Total Revenues | Net Income | Net Margin |
| 1.39k | 25.76 | 1.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Alto Ingredients. More…
| Operations | Investing | Financing |
| 43.5 | 27.12 | -40 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Alto Ingredients. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 454.67 | 119.67 | 4.9 |
Key Ratios Snapshot
Some of the financial key ratios for Alto Ingredients are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.2% | 7.5% | 2.2% |
| FCF Margin | ROE | ROA |
| 1.5% | 5.4% | 4.1% |
Analysis – Alto Ingredients Stock Fair Value
At GoodWhale, we recently conducted an analysis to evaluate the wellbeing of ALTO INGREDIENTS. Through our proprietary Valuation Line, we estimated the intrinsic value of ALTO INGREDIENTS to be around $5.5. Surprisingly, at the time of analysis the share price of ALTO INGREDIENTS is trading at $3.3, which is 40.4% lower than its intrinsic value. This suggests that ALTO INGREDIENTS stock may be currently undervalued and could be a potential investment opportunity. More…
Peers
It is no secret that the food and beverage industry is intensely competitive. Players large and small are vying for a share of the pie, and Alto Ingredients Inc is no exception. The company competes against some of the biggest names in the business, including Green Plains Inc, Cinkarna Celje, and AVT Natural Products Ltd. Despite the challenges, Alto Ingredients Inc has managed to carve out a place for itself in the industry, thanks to its innovative products and commitment to customer satisfaction.
– Green Plains Inc ($NASDAQ:GPRE)
Green Plains Inc is a publicly traded company that produces and sells ethanol and related products. The company has a market cap of 1.65 billion as of 2022 and a return on equity of -1.51%. The company’s products are used in the transportation, industrial, and consumer sectors. Green Plains Inc is headquartered in Omaha, Nebraska, and has operations in the United States, Canada, and Europe.
– Cinkarna Celje ($LTS:0NOO)
Cinkarna Celje is a Slovenian chemical company with a market cap of 179.75M as of 2022. The company’s Return on Equity is 17.95%. Cinkarna Celje produces a range of chemicals, including pigments, dyes, and resins. The company has a long history, dating back to the early 20th century.
– AVT Natural Products Ltd ($BSE:519105)
AVT Natural Products Ltd, with a market capitalization of 16.04 billion as of 2022 and a return on equity of 18.75%, is a company engaged in the manufacture and sale of natural products. The company has a wide range of products that it offers to its customers, which include herbs, spices, and other natural ingredients. AVT Natural Products Ltd has a strong presence in the market and is well-known for its quality products. The company has a good reputation for its customer service and is always willing to help its customers with any problems they may have.
Summary
This indicates a level of confidence in the company’s future and could be an indicator of long-term success. Furthermore, current media sentiment is overall positive, suggesting that potential investors may have confidence in the company moving forward. The investment could help Alto Ingredients to diversify and develop their operations further, leading to increased financial strength and better prospects for future growth. It is clear that this is a wise and potentially lucrative investment for the Florida Retirement System.
