ALTO vs APD vs ASPI Stock Comparison

Alto Ingredients, Air Products & Chemicals and ASP Isotopes Prices as of Oct 28, 2026 Peers: Industry group
ALTO Alto Ingredients, Inc.
$3.66 -0.3% 1M +245.3% 1Y
Market cap
$283.93M
P/E
5.5x
Revenue (TTM)
$943.33M
Div. yield
–
Specialty Chemicals Basic Materials
5 wins
ASPI ASP Isotopes Inc.
$2.03 -21.9% 1M -80.5% 1Y
Market cap
$264.20M
P/E
–
Revenue (TTM)
$30.85M
Div. yield
–
Specialty Chemicals Basic Materials
1 win

Head to Head

10 decided of 12

Alto Ingredients leads on 5 of the 12 questions below (Alto Ingredients 5, Air Products & Chemicals 4, ASP Isotopes 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionALTOAPDASPILeader
Larger companyMarket capitalisation $283.93M $68.41B $264.20M APD
Cheaper on earningsLower P/E, profitable companies only 5.5x -1,447x -2.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.9x 21.9x — ALTO
Faster revenue growthRevenue growth, trailing twelve months +1.1% +4.5% +573.4% ASPI
More profitableNet margin, trailing twelve months 5.4% -0.4% -380.3% ALTO
Better return on capitalReturn on invested capital — 0.0% -28.6% APD
Less leveragedLower net debt / EBITDA 0.6x 17.4x 2.1x ALTO
Higher dividend yieldTrailing dividend yield — 2.35% — –
Better 1-year returnPrice return, last 12 months +245.3% +20.7% -80.5% ALTO
Better 5-year returnAnnualised price return, 5 years -7.2%/yr +0.5%/yr — APD
Less volatileAnnualised volatility, 1 year 86.4% 26.3% 98.8% APD
Higher overall scoreMean of the five percentile scores vs peers 86/100 40/100 26/100 ALTO

Percentile Scorecard

ALTOAPDASPI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisALTOAPDASPI
Valuation 100 #1 of 94 20 #75 of 94 9 #86 of 94
Growth 97 #4 of 91 42 #53 of 91 19 #74 of 91
Profitability 68 #28 of 84 53 #40 of 84 8 #77 of 84
Financial Health 80 #20 of 94 20 #75 of 94 69 #30 of 94
Shareholder Returns – 65 #25 of 69 –
Overall 86 40 26
  • ALTO ranked among 99 companies in Chemicals
  • APD ranked among 99 companies in Chemicals
  • ASPI ranked among 99 companies in Chemicals

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodALTOAPDASPISPY
1 month -0.3%+10.2%-21.9% +0.9%
3 months -16.1%+4.2%-42.7% +5.9%
6 months -31.1%+1.6%-58.9% +8.5%
Year to date +27.1%+24.4%-62.1% +13.3%
1 year +245.3%+20.7%-80.5% +12.4%
3 years -5.2%+11.2%+99.0% +88.1%
3 years, per year -1.8%+3.6%+25.8% +23.5%
5 years -31.2%+2.5%— +68.2%
5 years, per year -7.2%+0.5%— +11.0%
10 years -51.2%+129.6%— +263.4%
10 years, per year -6.9%+8.7%— +13.8%

Risk

MeasureALTOAPDASPISPY
Volatility, 1Y 86.4%26.3%98.8% 12.7%
Downside volatility, 1Y 68.0%24.6%99.1% 12.7%
Beta vs S&P 500, 1Y 0.310.073.88 1.00
Return / volatility, 1Y 2.840.79-0.82 0.98
Max drawdown, 5Y -89.1%-33.8%-88.6% -25.4%
From 52-week high -38.9%-2.2%-81.1% -0.9%
52-week high $5.99$314.19$10.76 $779.14
52-week low $1.01$230.76$1.95 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleALTOAPDASPI
P/E now vs peer median 5.5xmedian 22.0x -1,447xmedian 22.0x -2.1xmedian 22.0x
P/S now vs peer median 0.3xmedian 1.4x 5.4xmedian 1.4x 8.6xmedian 1.4x
EV/EBITDA now vs peer median 5.2xmedian 12.4x 89.3xmedian 12.4x -0.7xmedian 12.4x
P/FCF now vs peer median 5.7xmedian 15.5x -227.0xmedian 15.5x -3.2xmedian 15.5x
P/B now vs peer median 1.1xmedian 1.7x 4.1xmedian 1.7x 1.0xmedian 1.7x
PEG now vs peer median 0.14median 1.84 54.72median 1.84 0.06median 1.84

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsALTOAPDASPI
Revenue $943.33M $12.60B $30.85M
Gross profit $64.51M $4.04B $5.65M
Operating income $35.61M -$593.10M -$99.07M
Net income $51.99M -$19.70M -$117.34M
Free cash flow $49.94M -$301.40M -$83.58M
R&D – $90.80M $22.04M
EPS (diluted) $0.66 $-0.21 $-0.96
Cash & equivalents $23.96M $980.50M $219.60M
Total debt $60.47M $17.48B $59.77M
Shares (diluted) 77.07M 222.80M 122.72M
Enterprise value $183.73M $66.31B -$712.41M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricALTOAPDASPI
P/E 5.5x -1,447x -2.1x
P/FCF 5.7x -227.0x -3.2x
P/Operating cash flow 4.4x 15.0x -3.9x
P/S 0.3x 5.4x 8.6x
P/B 1.1x 4.1x 1.0x
P/Tangible book 1.1x 4.2x 1.0x
EV/EBITDA 5.2x 89.3x -0.7x
EV/EBIT 9.0x -143.2x -0.7x
EV/Revenue 0.3x 6.7x 2.2x
EV/FCF 6.4x -281.7x -0.8x
EV/Operating cash flow 4.9x 18.6x -1.0x
PEG (3Y EPS CAGR) 0.14 54.72 0.06

Growth

14 metrics
MetricALTOAPDASPI
Revenue growth (1Y) 1.1% 4.5% 573.4%
Revenue CAGR (3Y) -10.1% -1.0% 2,420%
Gross profit growth (1Y) 7,720% 5.1% 214.3%
Gross profit CAGR (3Y) 63.6% 2.7% –
Operating income growth (1Y) 162.4% -138.7% -200.2%
Operating income CAGR (3Y) 37.3% -31.0% -105.1%
Net income growth (1Y) 177.8% -101.2% -17.1%
Net income CAGR (3Y) 40.6% -26.2% -119.1%
EPS growth (1Y) 172.1% -103.1% 30.3%
EPS CAGR (3Y) 39.5% -26.4% -37.1%
Operating cash flow growth (1Y) 731.1% 54.8% -244.7%
Operating cash flow CAGR (3Y) 63.4% 13.1% -151.6%
Free cash flow growth (1Y) 481.7% 93.5% -182.5%
Free cash flow CAGR (3Y) 38.9% 27.5% -123.3%

Profitability

14 metrics
MetricALTOAPDASPI
Gross margin 6.8% 32.1% 18.3%
EBITDA margin 6.6% 7.5% -303.3%
Operating margin 3.8% -4.7% -321.1%
Pretax margin 5.4% -0.7% -443.4%
Net margin 5.4% -0.4% -380.3%
FCF margin 5.3% -2.4% -270.9%
Operating cash flow margin 6.9% 36.3% -219.8%
Return on equity 20.2% 0.0% -40.9%
Return on assets 13.1% 0.0% -20.2%
Return on invested capital – 0.0% -28.6%
Return on capital employed 10.4% -1.6% -19.4%
Asset turnover 2.4x 0.3x 0.1x
Cash conversion (OCF / net income) 1.3x -232.0x 0.6x
Stock comp / revenue 0.3% 0.4% 60.5%

Financial Health

11 metrics
MetricALTOAPDASPI
Debt / assets 15.2% 43.2% 10.4%
Debt / equity 0.2x 1.1x 0.2x
Net debt / EBITDA 0.6x 17.4x 2.1x
Debt / FCF 1.2x -58.0x -0.7x
Liabilities / assets 34.6% 59.0% 52.0%
Equity / assets 65.4% 41.0% 48.0%
Interest coverage 3.8x -2.7x -25.3x
Current ratio 3.2x 1.1x 3.9x
Quick ratio 1.8x 0.6x 3.7x
Cash ratio 0.5x 0.2x 3.6x
Altman Z-score 1.44 2.56 -0.23

Shareholder Returns

7 metrics
MetricALTOAPDASPI
Dividend yield – 2.4% –
Net buyback yield – – –
Shareholder yield – 2.4% –
Payout ratio (earnings) – -8,114% –
Payout ratio (FCF) – -530.3% –
Dividend growth (1Y) – 1.2% –
Dividend CAGR (3Y) – 2.9% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusALTOAPDASPI
Forward P/E 9.9xFY2026 21.9xFY2026 –
EPS, next fiscal year $0.37FY2026 $14.01FY2026 $-0.45FY2026
EPS growth, next FY +131.3%FY2026 +16.5%FY2026 –
EPS growth, the year after -16.2% +5.2% –
Revenue, next fiscal year $1.00BFY2026 $12.03BFY2026 $24.34MFY2026
Revenue growth, next FY +9.1%FY2026 -0.1%FY2026 +2.0%FY2026
Revenue growth, the year after +1.1% +8.5% +189.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersALTOAPDASPI
Held by institutions 46.3% 91.2% 50.3%
Institutions holding 134 1,772 186
Change in shares held, QoQ +14.2% +2.0% +3.3%
Institutions buying 97 745 113
Institutions selling 25 722 53
Buyers to sellers 3.88 1.03 2.13

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ALTOAPDASPI
ALTO 1.00 0.16 0.09
APD 0.16 1.00 0.02
ASPI 0.09 0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ALTO, APD and ASPI?

Air Products & Chemicals (APD) is the largest by market capitalisation: Alto Ingredients (ALTO) $283.93M, Air Products & Chemicals (APD) $68.41B, ASP Isotopes (ASPI) $264.20M.

Which company is growing faster?

ASP Isotopes (ASPI) grew revenue fastest over the trailing twelve months: Alto Ingredients (ALTO) +1.1%, Air Products & Chemicals (APD) +4.5%, ASP Isotopes (ASPI) +573.4%.

Which company is more profitable?

Alto Ingredients (ALTO) has the highest net margin (Alto Ingredients (ALTO) 5.4%, Air Products & Chemicals (APD) -0.4%, ASP Isotopes (ASPI) -380.3%). On return on invested capital, Air Products & Chemicals (APD) leads (Air Products & Chemicals (APD) 0.0%, ASP Isotopes (ASPI) -28.6%).

Which stock has performed better?

Over the past year Alto Ingredients (ALTO) returned the most: Alto Ingredients (ALTO) +245.3%, Air Products & Chemicals (APD) +20.7%, ASP Isotopes (ASPI) -80.5%. Over five years, Air Products & Chemicals (APD) compounded fastest (Alto Ingredients (ALTO) -7.2%/yr, Air Products & Chemicals (APD) +0.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Air Products & Chemicals (APD) 2.35%. Alto Ingredients (ALTO) and ASP Isotopes (ASPI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Air Products & Chemicals (APD) has been the steadiest (Alto Ingredients (ALTO) 86.4%, Air Products & Chemicals (APD) 26.3%, ASP Isotopes (ASPI) 98.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ALTO, APD and ASPI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Alto Ingredients (ALTO) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.