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Strong institutional accumulation: ownership increased +13.66% quarter-over-quarter.
Data as of Q1 2026
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Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Ranked against 238 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BHP | $427.1B | — | — | — | — | — | — | — | — | — | 713 |
| LIN | $216.9B | 31.6× | 19.5× | 6.4× | 3.0% | — | 20.3% | 18.0% | 10.9% | 2.1× | 2,148 |
| SCCO | $157.0B | 36.2× | 20.3× | 11.7× | 17.4% | 60.1% | 32.4% | 39.4% | 24.4% | 0.9× | 791 |
| CX | $147.4B | — | — | — | — | — | — | — | — | — | 297 |
| TX | $114.2B | — | — | — | — | — | — | — | — | — | 139 |
| FCX | $99.5B | — | 12.0× | 3.8× | 1.8% | 28.2% | 16.0% | 22.0% | 14.7% | 1.1× | 1,775 |
| AEM | $97.8B | — | — | — | — | — | — | — | — | — | 1,066 |
| SHW | $79.6B | 31.3× | — | 3.4× | 2.1% | 48.8% | 10.9% | 55.9% | 17.0% | — | 1,610 |
| ECL | $77.3B | 37.6× | 22.7× | 4.8× | 2.2% | 44.5% | 12.9% | 21.2% | 19.5% | 0.3× | 1,619 |
| B | $71.3B | — | — | — | — | — | — | — | — | — | 979 |
| WPM | $66.6B | — | — | — | — | — | — | — | — | — | 809 |
| APD | $63.9B | — | 90.3× | 5.3× | -0.5% | 31.4% | -3.3% | -2.6% | -2.6% | 0.1× | 1,702 |
| NUE | $60.1B | 34.7× | — | 1.9× | 5.7% | 11.9% | 5.4% | 8.3% | 8.3% | — | 1,325 |
| VALE | $60.1B | — | — | — | — | — | — | — | — | — | 537 |
| CRH | $58.0B | 15.7× | 9.3× | 1.6× | 5.3% | 36.1% | 10.0% | 15.6% | 9.2% | 2.2× | 9 |
| MT | $55.7B | — | — | — | — | — | — | — | — | — | 286 |
| DD | $53.3B | — | — | 7.8× | 1.9% | 34.5% | -11.4% | -5.6% | -5.6% | — | 1,172 |
| AU | $50.4B | — | — | — | — | — | — | — | — | — | 537 |
| FNV | $50.0B | — | — | — | — | — | — | — | — | — | 614 |
| NTR | $37.1B | — | — | — | — | — | — | — | — | — | 718 |
| STLD | $34.5B | 29.8× | 18.7× | 1.9× | 3.6% | 13.2% | 6.5% | 13.2% | 9.0% | 2.1× | 893 |
| KGC | $33.4B | — | — | — | — | — | — | — | — | — | 630 |
| VMC | $31.9B | 30.1× | 15.2× | 4.0× | 7.1% | 27.4% | 13.6% | 12.6% | 8.4% | 1.8× | 981 |
| MLM | $30.0B | 26.5× | 17.0× | 4.9× | 8.6% | 30.7% | 18.5% | 11.3% | 7.4% | 2.6× | 1,022 |
| PPG | $23.5B | 15.1× | — | 1.5× | 0.2% | 41.3% | 9.9% | 19.8% | 10.3% | — | 1,003 |
| ALTO | $311M | 25.1× | 11.3× | 0.3× | -4.9% | 3.8% | 1.5% | 5.4% | 4.1% | 2.4× | 99 |
Peers = companies sharing ALTO's sector (Basic Materials) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $4.02 today, the market must believe free cash flow compounds 18.0%/yr for a decade (off $9M normalized FCF).
The market's 18.0% is more optimistic than its 9-yr track record.
2-stage DCF · 0.08B shares · net debt $56M
mean -172.0% · volatility σ 170% · implied rate exceeded in 0/4 yrs
Central path = implied 18.0%/yr growth; shaded band = ±1σ (170%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $917.9M 100.0% | $965.3M 100.0% | $1.22B 100.0% | $1.34B 100.0% | $1.21B 100.0% | $897.0M 100.0% | $1.42B 100.0% | $1.52B 100.0% | $1.63B 100.0% | $1.62B 100.0% |
| Cost of Revenue | $883.0M 96.2% | $955.5M 99.0% | $1.21B 98.7% | $1.36B 102.1% | $1.14B 94.4% | $844.2M 94.1% | $1.43B 100.7% | $1.53B 101.0% | $1.63B 99.6% | $1.57B 96.7% |
| Cost of Products | — | — | — | — | — | — | — | — | $1.63B 99.6% | $1.57B 96.7% |
| Gross Profit | $34.9M 3.8% | $9.7M 1.0% | $15.7M 1.3% | -$27.6M -2.1% | $67.8M 5.6% | $52.9M 5.9% | -$9.9M -0.7% | -$15.2M -1.0% | $5.9M 0.4% | $54.4M 3.3% |
| Selling, General & Admin | $27.2M 3.0% | $29.7M 3.1% | $29.9M 2.4% | $28.1M 2.1% | $29.2M 2.4% | $32.0M 3.6% | $35.5M 2.5% | $36.4M 2.4% | $31.5M 1.9% | $30.8M 1.9% |
| Operating Income | $7.4M 0.8% | -$51.7M -5.4% | -$23.8M -2.0% | -$61.4M -4.6% | $40.1M 3.3% | $9.9M 1.1% | -$74.7M -5.2% | -$51.5M -3.4% | -$25.6M -1.6% | $23.5M 1.4% |
| Interest Expense | $10.8M 1.2% | $7.6M 0.8% | $7.4M 0.6% | $1.8M 0.1% | $3.6M 0.3% | $17.9M 2.0% | $20.2M 1.4% | $17.1M 1.1% | $12.9M 0.8% | $22.4M 1.4% |
| Interest & Investment Income | — | — | — | $22.7M 1.7% | — | — | — | — | — | — |
| Other Income (Expense), net | $1.9M 0.2% | $508K 0.1% | $553K 0.0% | $862K 0.1% | $1.2M 0.1% | $750K 0.1% | — | — | — | — |
| Pretax Income | $12.7M 1.4% | -$58.8M -6.1% | -$27.9M -2.3% | -$39.7M -3.0% | $47.6M 3.9% | -$17.3M -1.9% | -$101.3M -7.1% | -$68.5M -4.5% | -$38.4M -2.4% | $545K 0.0% |
| Income Tax Expense | -$621K -0.1% | $173K 0.0% | $97K 0.0% | $1.9M 0.1% | $1.5M 0.1% | -$17K -0.0% | -$20K -0.0% | -$562K -0.0% | -$321K -0.0% | -$981K -0.1% |
| Net Income | $13K 0.0% | -$59K -0.0% | -$29.3M -2.4% | -$42.9M -3.2% | $44.2M 3.7% | -$15.1M -1.7% | -$88.9M -6.2% | -$60.3M -4.0% | -$35.0M -2.1% | $1.4M 0.1% |
| Per Share | ||||||||||
| EPS (Basic) | $0.16 | $-0.82 | $-0.40 | $-0.60 | $0.62 | $-0.28 | $-1.90 | $-1.42 | $-0.85 | $0.00 |
| EPS (Diluted) | $0.16 | $-0.82 | $-0.40 | $-0.60 | $0.61 | $-0.28 | $-1.90 | $-1.42 | $-0.85 | $0.00 |
| Weighted Avg Shares (Basic) | 74.5M | 73.5M | 73.3M | 71.9M | 71.1M | 59K | 47.4M | 43K | 43K | 42K |
| Weighted Avg Shares (Diluted) | 75.7M | 73.5M | 73.3M | 71.9M | 72.2M | 59K | 47.4M | 43K | 43K | 42K |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Eight indices comparing this year to last (receivables, margins, asset quality, growth, accruals, leverage). Above −1.78 suggests possible manipulation; below −2.22 is clean.
A screen, not proof — high growth alone can raise it.
Cash conversion lags reported earnings — watch accruals. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage rising year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on $9M FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A reinvestment story — most cash went back into growth rather than to shareholders.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: 4%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $23M covers the $11M due within a year 2.2× over. Scheduled principal only (excludes interest & revolver draws). As of 2016-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Effective rate ~13.5% on $80M of debt.
Cash of $23M fully covers short-term debt of $17M.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-17
No standout strengths flagged.
Where each multiple sits in its own 14-yr range · 90th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 23.3× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 101.0 | 100.7 | 94.1 | 94.4 | 102.1 | 98.7 | 99.0 | 96.2 |
| Gross Profit | -1.0 | -0.7 | 5.9 | 5.6 | -2.1 | 1.3 | 1.0 | 3.8 |
| SG&A | 2.4 | 2.5 | 3.6 | 2.4 | 2.1 | 2.4 | 3.1 | 3.0 |
| Operating Income | -3.4 | -5.2 | 1.1 | 3.3 | -4.6 | -2.0 | -5.4 | 0.8 |
| Income Tax | -0.0 | -0.0 | -0.0 | 0.1 | 0.1 | 0.0 | 0.0 | -0.1 |
| Net Income | -4.0 | -6.2 | -1.7 | 3.7 | -3.2 | -2.4 | -0.0 | 0.0 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on ALTO: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.