ALTO

Alto Ingredients, Inc.

Fundamental data last updated:June 4, 2026

We may earn a commission from partner links. This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate.

company profile

SECTOR

Basic Materials

industry

Chemicals - Specialty

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

08/05/2026

Business Summary

Alto Ingredients, Inc. produces and markets specialty alcohols and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Production, and Other Production. It offers specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and cleaners for health, home, and beauty markets; grain neutral spirits used in alcoholic beverages, flavor extracts, and vinegar, as well as corn germ used in corn oils and carbon dioxide for food and beverage markets; and essential ingredients include dried yeast, corn gluten meal, corn gluten feed, distillers grains, and liquid feed for commercial animal feed and pet food applications. The company also provides fuel-grade ethanol used as transportation fuel and distillers corn oil used as a biodiesel feedstock, as well as fuel-grade ethanol produced by third parties. In addition, it offers transportation, storage, and delivery services through third-party service providers. The company sells ethanol to integrated oil companies and gasoline marketers; essential ingredient feed products to dairies and feedlots; and corn oil to poultry and biodiesel customers. It operates five alcohol production facilities, including three plants in the Midwestern states of Illinois; and two facilities located in the Western states of Oregon and Idaho. The company was formerly known as Pacific Ethanol, Inc. and changed its name to Alto Ingredients, Inc. in January 2021. Alto Ingredients, Inc. was founded in 2003 and is headquartered in Pekin, Illinois.

 


VALUATION

P/E

13.76

Market Cap ($M USD)

$417.64M

Forward P/E

8.84

PEG

0.16

PRICE TO SALES

0.46

PRICE TO BOOK

1.61

EV / EBITDA

10.28

5-Year Average P/E

Free Cash Flow Yield

7.35%

DCF Value

$-0.99

Graham Number

$5.43

Price to FCF

13.60

EV to FCF

15.91

Earnings Yield

7.27%

FCF Yield

7.35%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

4.32%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$0.39

Next Year EPS Growth Estimate

$0.61

Next Year Revenue Growth Estimate

$96.26B

Return on Equity (ROE)

12.66%

FREE CASH FLOW

Operating Margin

2.42%

Debt-to-Equity

0.40

Piotroski F-Score

8

Altman Z-Score

1.77

Return on Invested Capital (ROIC)

6.44%

Current Ratio

3.81

Quick Ratio

2.54

Net Debt to EBITDA

1.49

Interest Coverage

2.17

Gross Profit margin

4.04%

FCF PER SHARE

$0.41

REVENUE PER SHARE

$12.25

Gainseekers Quantitative Analysis

Summary

Alto Ingredients, Inc. appears to be a perplexing case of market mispricing. Despite a Forward P/E of 7.31, suggesting undervaluation, the DCF Value is alarmingly negative, indicating potential overvaluation. The Graham Number further complicates the picture, as the stock trades below this intrinsic value measure. The Altman Z-score of 1.33 raises red flags about financial distress, while the Earnings Yield of 8.69% suggests decent profitability. This mixed bag of metrics paints a picture of a company with potential growth but significant risks.

AI Exposure / Tech Reliance

Operating in the Chemicals - Specialty industry, Alto Ingredients is positioned to leverage AI and tech advancements in production efficiency and supply chain optimization. However, the industry's traditional nature may slow rapid tech adoption. Their ability to integrate AI could be a game-changer in maintaining competitive advantage.

The Bull Case

For the value-driven investor, Alto Ingredients offers compelling reasons to buy. The Piotroski F-Score of 8 signals strong financial health, while a robust ROIC of 5.58% indicates efficient capital use. The FCF Yield of 8.91% suggests that the company is generating solid free cash flow relative to its price, hinting at underlying pricing power. These metrics collectively suggest a company with the potential for sustainable growth and capital efficiency.

The Bear Case

Despite some strengths, Alto Ingredients faces significant structural risks. The EV to EBITDA ratio of 20.41 is steep, indicating potential overvaluation. The operating margin of 2.10% is razor-thin, suggesting limited pricing power and operational efficiency. Additionally, the Altman Z-score signals financial distress, raising concerns about the company's ability to weather economic downturns. These factors could deter risk-averse investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$10.00

Institutional Ownership %

1-Year Beta

0.14

Insider Buying % (6 Mo)

Distance to 52-Week High

11.32%

Distance to 52-Week Low

83.30%

EARNINGS SURPRISE %

162.50%

50-DAY SMA

$4.86

200-DAY SMA

$2.76

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.