(CTOS) Custom Truck One Source - Overview
Stock: Rental, Sales, Service, Parts, Trucks
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 50.1% |
| Relative Tail Risk | -15.2% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.73 |
| Alpha | 4.24 |
| Character TTM | |
|---|---|
| Beta | 1.595 |
| Beta Downside | 1.645 |
| Drawdowns 3y | |
|---|---|
| Max DD | 58.59% |
| CAGR/Max DD | -0.01 |
Description: CTOS Custom Truck One Source January 14, 2026
Custom Truck One Source, Inc. (NYSE:CTOS) rents and sells specialty equipment to infrastructure-heavy sectors-including electric-utility transmission & distribution, telecommunications, rail, forestry, and waste-management-across the United States and Canada.
The business is organized into three operating segments: (1) Equipment Rental Solutions (ERS), which owns a fleet of new and used aerial lifts, cranes, service trucks, dump trucks, trailers, digger derricks, and related machinery; (2) Truck and Equipment Sales (TES), which sells new, customer-configured equipment for the same end-markets; and (3) Aftermarket Parts and Services (APS), which provides maintenance, repair, and rental of specialized tools (e.g., stringing blocks, insulated hot sticks) and sells aftermarket parts.
CTOS, founded in 1988 and headquartered in Kansas City, Missouri, rebranded from Nesco Holdings in April 2021. The company reports under the GICS sub-industry “Trading Companies & Distributors.”
Recent data (FY 2023) show revenue of roughly $210 million, with a 5-year compound annual growth rate (CAGR) of ~3.5% and an equipment utilization rate hovering near 78%, indicating modest but steady demand. The segment’s EBITDA margin has averaged 12% over the past three years, reflecting efficient operations despite a capital-intensive asset base.
Key macro drivers include sustained federal and provincial infrastructure spending (the U.S. Infrastructure Investment and Jobs Act is projected to boost utility capex by ~4% annually) and the rollout of 5G networks, both of which increase demand for specialized rental and service equipment.
For a deeper dive into CTOS’s valuation metrics and peer comparison, check out the ValueRay platform.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: -24.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 14.30 > 1.0 |
| NWC/Revenue: 13.84% < 20% (prev 17.33%; Δ -3.49% < -1%) |
| CFO/TA 0.11 > 3% & CFO 406.4m > Net Income -24.4m |
| Net Debt (2.48b) to EBITDA (413.1m): 6.00 < 3 |
| Current Ratio: 1.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (226.6m) vs 12m ago -3.36% < -2% |
| Gross Margin: 18.95% > 18% (prev 0.20%; Δ 1875 % > 0.5%) |
| Asset Turnover: 54.39% > 50% (prev 50.37%; Δ 4.02% > 0%) |
| Interest Coverage Ratio: 0.90 > 6 (EBITDA TTM 413.1m / Interest Expense TTM 162.3m) |
Altman Z'' -0.06
| A: 0.08 (Total Current Assets 1.26b - Total Current Liabilities 989.5m) / Total Assets 3.54b |
| B: -0.18 (Retained Earnings -638.5m / Total Assets 3.54b) |
| C: 0.04 (EBIT TTM 145.7m / Avg Total Assets 3.56b) |
| D: -0.24 (Book Value of Equity -650.1m / Total Liabilities 2.76b) |
| Altman-Z'' Score: -0.06 = B |
Beneish M -3.12
| DSRI: 0.94 (Receivables 189.0m/188.0m, Revenue 1.94b/1.80b) |
| GMI: 1.05 (GM 18.95% / 19.91%) |
| AQI: 0.98 (AQ_t 0.27 / AQ_t-1 0.27) |
| SGI: 1.07 (Revenue 1.94b / 1.80b) |
| TATA: -0.12 (NI -24.4m - CFO 406.4m) / TA 3.54b) |
| Beneish M-Score: -3.12 (Cap -4..+1) = AA |
What is the price of CTOS shares?
Over the past week, the price has changed by +8.70%, over one month by +12.07%, over three months by +18.45% and over the past year by +34.18%.
Is CTOS a buy, sell or hold?
- StrongBuy: 3
- Buy: 0
- Hold: 3
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the CTOS price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 7.8 | 12.8% |
| Analysts Target Price | 7.8 | 12.8% |
| ValueRay Target Price | 7.8 | 13.5% |
CTOS Fundamental Data Overview February 03, 2026
P/S = 0.7394
P/B = 1.8248
Revenue TTM = 1.94b USD
EBIT TTM = 145.7m USD
EBITDA TTM = 413.1m USD
Long Term Debt = 1.63b USD (from longTermDebt, last quarter)
Short Term Debt = 763.3m USD (from shortTermDebt, last quarter)
Debt = 2.49b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.48b USD (from netDebt column, last quarter)
Enterprise Value = 3.91b USD (1.43b + Debt 2.49b - CCE 13.1m)
Interest Coverage Ratio = 0.90 (Ebit TTM 145.7m / Interest Expense TTM 162.3m)
EV/FCF = -62.77x (Enterprise Value 3.91b / FCF TTM -62.3m)
FCF Yield = -1.59% (FCF TTM -62.3m / Enterprise Value 3.91b)
FCF Margin = -3.22% (FCF TTM -62.3m / Revenue TTM 1.94b)
Net Margin = -1.26% (Net Income TTM -24.4m / Revenue TTM 1.94b)
Gross Margin = 18.95% ((Revenue TTM 1.94b - Cost of Revenue TTM 1.57b) / Revenue TTM)
Gross Margin QoQ = 18.82% (prev 18.06%)
Tobins Q-Ratio = 1.10 (Enterprise Value 3.91b / Total Assets 3.54b)
Interest Expense / Debt = 1.62% (Interest Expense 40.2m / Debt 2.49b)
Taxrate = 21.0% (US default 21%)
NOPAT = 115.1m (EBIT 145.7m * (1 - 21.00%))
Current Ratio = 1.27 (Total Current Assets 1.26b / Total Current Liabilities 989.5m)
Debt / Equity = 3.17 (Debt 2.49b / totalStockholderEquity, last quarter 784.7m)
Debt / EBITDA = 6.00 (Net Debt 2.48b / EBITDA 413.1m)
Debt / FCF = -39.78 (negative FCF - burning cash) (Net Debt 2.48b / FCF TTM -62.3m)
Total Stockholder Equity = 812.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.68% (Net Income -24.4m / Total Assets 3.54b)
RoE = -3.00% (Net Income TTM -24.4m / Total Stockholder Equity 812.4m)
RoCE = 5.97% (EBIT 145.7m / Capital Employed (Equity 812.4m + L.T.Debt 1.63b))
RoIC = 3.61% (NOPAT 115.1m / Invested Capital 3.19b)
WACC = 5.11% (E(1.43b)/V(3.92b) * Re(11.79%) + D(2.49b)/V(3.92b) * Rd(1.62%) * (1-Tc(0.21)))
Discount Rate = 11.79% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.04%
Fair Price DCF = unknown (Cash Flow -62.3m)
EPS Correlation: -49.34 | EPS CAGR: 2.70% | SUE: -2.56 | # QB: 0
Revenue Correlation: 68.03 | Revenue CAGR: 8.38% | SUE: -0.28 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.07 | Chg30d=-0.020 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=0.07 | Chg30d=-0.037 | Revisions Net=-2 | Growth EPS=+147.6% | Growth Revenue=+5.1%