ALTI

AlTi Global

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Financial Services

industry

Asset Management

Exchange

Nasdaq

County of HQ

United States

Next Earnings Date

05/11/26

Business Summary

AlTi Global operates as an asset management platform, generating revenue through managing client capital and earning fees tied to assets under management. The model depends on scale: as assets grow, incremental revenue can outpace incremental cost, driving margin expansion when functioning properly. Competitive advantage in this space comes from client relationships, distribution reach, investment performance credibility, and the ability to retain assets through market cycles. Durable cash generation emerges when fee-based revenue becomes sticky and operating costs are tightly controlled — conditions that currently require operational improvement to fully materialize.

VALUATION

P/E

-

Market Cap ($M USD)

$413

Forward P/E

8.8

PEG

-

PRICE TO SALES

1.5

PRICE TO BOOK

1.6

EV / EBITDA

-9

5-Year Average P/E

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

-$1.23

Next Year EPS Growth Estimate

$0.44

Next Year Revenue Growth Estimate

11.00%

Return on Equity (ROE)

-19.90%

Operating Margin

-29.00%

Debt-to-Equity

0.1

Piotroski F-Score

5

Altman Z-Score

0.4

Return on Invested Capital (ROIC)

-32.80%%

Current Ratio

2.3

Quick Ratio

Gainseekers Quantitative Analysis

Summary

At $413M in market cap, ALTI trades at a Forward P/E of 8.8, which on the surface screens as deep value for a Financial Services firm. However, the valuation discount is not a market mistake — it reflects material financial stress. The Altman Z-Score of 0.4 signals severe balance sheet risk, while ROIC of -32.80% and an operating margin of -19.90% confirm the core business is currently destroying capital. A forward multiple under 9x only matters if earnings stabilize, yet with EPS at -9 and next year estimated at -$1.23, the earnings base remains fragile. This is statistically cheap, but financially unsafe — a speculative turnaround rather than a mispriced compounder.

AI Exposure / Tech Reliance

As an Asset Management firm, ALTI operates in a sector increasingly shaped by AI-driven portfolio analytics, automated client reporting, and data-enhanced risk management. Firms that effectively deploy technology can scale assets without proportionally increasing operating expense, directly impacting margins. Given ALTI’s negative operating margin, technology adoption is not optional — it is essential for survival and cost rationalization.

The Bull Case

A deep value investor could argue that much of the distress is already priced in at 1.5x sales and 1.6x book value, with a modest 8.8 Forward P/E implying earnings normalization expectations. Return on Equity at 11.00% shows the company can generate shareholder returns despite current net losses, suggesting accounting or transitional distortion rather than permanent impairment. A Piotroski F-Score of 5 indicates middling but not catastrophic financial health — this is not a zero. The Current Ratio of 2.3 suggests short-term liquidity is manageable, reducing immediate solvency pressure. If operating leverage improves and projected sales growth next year of $0.44 materializes alongside narrowing losses, the equity could re-rate meaningfully from depressed levels.

The Bear Case

The bear case is far more straightforward. An Altman Z-Score of 0.4 is a flashing red distress indicator, and ROIC of -32.80% means capital is being incinerated. Operating margins of -19.90% combined with negative EPS of -9 and still-negative forward EPS of -$1.23 show no evidence of a stabilized earnings base. Debt/Equity at -29.00% raises structural concerns about capital composition, while the absence of a PEG ratio and lack of meaningful dividend support remove valuation backstops. With institutional ownership listed at $9.00 and a consensus target price of 2 against a weak profitability profile, this is a balance sheet story — and not a comfortable one.

Market Sentiment & Smart Money

Short Interest %

2.50%

Analyst Consensus

2

Average Analyst Price Target

$9.00

Institutional Ownership %

15.20%

1-Year Beta

0.97

Insider Buying % (6 Mo)

56.10%%

Distance to 52-Week High

70.70%%

Distance to 52-Week Low

140.00%%