Loading...

Altisource Portfolio Solutions

Nasdaq:ASPS
Snowflake Description

Slightly overvalued with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ASPS
Nasdaq
$355M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Altisource Portfolio Solutions S.A. operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. The last earnings update was 29 days ago. More info.


Add to Portfolio Compare Print
ASPS Share Price and Events
7 Day Returns
-0.8%
NasdaqGS:ASPS
-0.8%
US Real Estate
0.2%
US Market
1 Year Returns
-21.3%
NasdaqGS:ASPS
-16.5%
US Real Estate
2.9%
US Market
ASPS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Altisource Portfolio Solutions (ASPS) -0.8% -7.7% -11.3% -21.3% -22.1% -80.2%
US Real Estate -0.8% -6.9% -9.9% -16.5% 14.5% 1%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • ASPS underperformed the Real Estate industry which returned -16.5% over the past year.
  • ASPS underperformed the Market in United States of America which returned 2.9% over the past year.
Price Volatility
ASPS
Industry
5yr Volatility vs Market

Value

 Is Altisource Portfolio Solutions undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Altisource Portfolio Solutions to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Altisource Portfolio Solutions.

NasdaqGS:ASPS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:ASPS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.108 (1 + (1- 26.01%) (105.44%))
1.651
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.65
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.651 * 5.96%)
12.57%

Discounted Cash Flow Calculation for NasdaqGS:ASPS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Altisource Portfolio Solutions is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:ASPS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.57%)
2019 58.75 Est @ -2.98% 52.19
2020 58.01 Est @ -1.27% 45.78
2021 57.97 Est @ -0.07% 40.64
2022 58.42 Est @ 0.77% 36.38
2023 59.21 Est @ 1.36% 32.75
2024 60.26 Est @ 1.77% 29.61
2025 61.50 Est @ 2.06% 26.85
2026 62.89 Est @ 2.26% 24.39
2027 64.40 Est @ 2.4% 22.18
2028 66.01 Est @ 2.5% 20.20
Present value of next 10 years cash flows $330.97
NasdaqGS:ASPS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $66.01 × (1 + 2.73%) ÷ (12.57% – 2.73%)
$689.08
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $689.08 ÷ (1 + 12.57%)10
$210.86
NasdaqGS:ASPS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $330.97 + $210.86
$541.83
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $541.83 / 16.28
$33.28
NasdaqGS:ASPS Discount to Share Price
Calculation Result
Value per share (USD) From above. $33.28
Current discount Discount to share price of $21.79
= -1 x ($21.79 - $33.28) / $33.28
34.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Altisource Portfolio Solutions is available for.
Intrinsic value
35%
Share price is $21.79 vs Future cash flow value of $33.28
Current Discount Checks
For Altisource Portfolio Solutions to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Altisource Portfolio Solutions's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Altisource Portfolio Solutions's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Altisource Portfolio Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Altisource Portfolio Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:ASPS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.26
NasdaqGS:ASPS Share Price ** NasdaqGS (2019-05-23) in USD $21.79
United States of America Real Estate Industry PE Ratio Median Figure of 26 Publicly-Listed Real Estate Companies 15.11x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Altisource Portfolio Solutions.

NasdaqGS:ASPS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:ASPS Share Price ÷ EPS (both in USD)

= 21.79 ÷ -0.26

-82.57x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altisource Portfolio Solutions is loss making, we can't compare its value to the US Real Estate industry average.
  • Altisource Portfolio Solutions is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Altisource Portfolio Solutions's expected growth come at a high price?
Raw Data
NasdaqGS:ASPS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -82.57x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.45x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Altisource Portfolio Solutions, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Altisource Portfolio Solutions's assets?
Raw Data
NasdaqGS:ASPS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $18.05
NasdaqGS:ASPS Share Price * NasdaqGS (2019-05-23) in USD $21.79
United States of America Real Estate Industry PB Ratio Median Figure of 51 Publicly-Listed Real Estate Companies 1.51x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
NasdaqGS:ASPS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:ASPS Share Price ÷ Book Value per Share (both in USD)

= 21.79 ÷ 18.05

1.21x

* Primary Listing of Altisource Portfolio Solutions.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altisource Portfolio Solutions is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess Altisource Portfolio Solutions's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Altisource Portfolio Solutions has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Altisource Portfolio Solutions expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Altisource Portfolio Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.3%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Altisource Portfolio Solutions expected to grow at an attractive rate?
  • Unable to compare Altisource Portfolio Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Altisource Portfolio Solutions's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Altisource Portfolio Solutions's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:ASPS Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 4.3%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:ASPS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:ASPS Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 699 -3 1
NasdaqGS:ASPS Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 811 70 -4
2018-12-31 838 68 -5
2018-09-30 837 63 292
2018-06-30 867 77 291
2018-03-31 899 76 298
2017-12-31 942 66 309
2017-09-30 965 68 2
2017-06-30 983 70 6
2017-03-31 988 79 17
2016-12-31 997 127 29
2016-09-30 1,029 192 4
2016-06-30 1,049 210 30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Altisource Portfolio Solutions is high growth as no earnings estimate data is available.
  • Unable to determine if Altisource Portfolio Solutions is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:ASPS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Altisource Portfolio Solutions Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ASPS Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31 -0.20 -0.20 -0.20 1.00
NasdaqGS:ASPS Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.26
2018-12-31 -0.32
2018-09-30 16.89
2018-06-30 16.55
2018-03-31 16.70
2017-12-31 16.99
2017-09-30 0.12
2017-06-30 0.31
2017-03-31 0.90
2016-12-31 1.53
2016-09-30 0.21
2016-06-30 1.61

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Altisource Portfolio Solutions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of ASPS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Altisource Portfolio Solutions's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. Altisource Portfolio Solutions's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Altisource Portfolio Solutions's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Altisource Portfolio Solutions has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Altisource Portfolio Solutions performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Altisource Portfolio Solutions's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Altisource Portfolio Solutions does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Altisource Portfolio Solutions's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Altisource Portfolio Solutions's 1-year growth to the US Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
Altisource Portfolio Solutions's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Altisource Portfolio Solutions Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:ASPS Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 810.70 -4.43 132.40
2018-12-31 838.20 -5.38 137.83
2018-09-30 836.64 292.45 138.61
2018-06-30 867.04 290.75 135.69
2018-03-31 899.17 298.21 142.97
2017-12-31 942.21 308.89 145.40
2017-09-30 964.77 2.16 151.40
2017-06-30 982.54 5.79 155.53
2017-03-31 987.65 16.74 153.91
2016-12-31 997.30 28.69 156.58
2016-09-30 1,028.56 3.98 167.56
2016-06-30 1,048.59 30.44 166.52
2016-03-31 1,061.12 56.39 167.66
2015-12-31 1,051.47 41.60 169.95
2015-09-30 1,037.47 85.16 171.61
2015-06-30 1,052.38 90.40 167.70
2015-03-31 1,080.13 98.55 165.09
2014-12-31 1,078.92 134.48 156.51
2014-09-30 1,045.61 171.54 128.33
2014-06-30 968.76 165.26 114.92
2014-03-31 858.80 142.09 97.03
2013-12-31 768.36 129.97 81.00
2013-09-30 686.87 124.75 75.95
2013-06-30 620.03 115.77 70.99
2013-03-31 578.12 112.92 68.37
2012-12-31 568.36 110.63 67.07
2012-09-30 559.22 106.07 63.74
2012-06-30 525.02 96.21 60.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Altisource Portfolio Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Altisource Portfolio Solutions used its assets less efficiently than the US Real Estate industry average last year based on Return on Assets.
  • It is difficult to establish if Altisource Portfolio Solutions improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Altisource Portfolio Solutions's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Altisource Portfolio Solutions has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Altisource Portfolio Solutions's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Altisource Portfolio Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Altisource Portfolio Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Altisource Portfolio Solutions's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Altisource Portfolio Solutions's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Altisource Portfolio Solutions Company Filings, last reported 1 month ago.

NasdaqGS:ASPS Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 295.37 374.01 89.93
2018-12-31 296.67 336.41 94.48
2018-09-30 323.14 384.63 147.83
2018-06-30 312.29 398.68 127.75
2018-03-31 320.08 411.26 126.50
2017-12-31 339.99 415.18 154.16
2017-09-30 64.15 425.43 160.17
2017-06-30 66.72 447.91 167.83
2017-03-31 72.37 477.72 180.30
2016-12-31 62.19 480.68 195.05
2016-09-30 78.77 477.63 180.12
2016-06-30 68.42 479.38 158.57
2016-03-31 61.97 533.66 190.12
2015-12-31 52.27 534.57 179.33
2015-09-30 97.50 561.80 150.15
2015-06-30 48.90 576.75 130.08
2015-03-31 41.88 591.85 132.30
2014-12-31 41.44 593.40 161.36
2014-09-30 89.26 595.72 176.59
2014-06-30 172.48 398.61 127.88
2014-03-31 162.53 398.02 116.38
2013-12-31 157.74 399.49 130.32
2013-09-30 173.53 401.31 212.59
2013-06-30 171.41 402.89 177.81
2013-03-31 167.16 200.54 77.30
2012-12-31 159.83 203.49 105.50
2012-09-30 232.40 4.47 84.43
2012-06-30 203.74 6.15 45.16
  • Altisource Portfolio Solutions's level of debt (126.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (244.7% vs 126.6% today).
  • Debt is not well covered by operating cash flow (18.8%, less than 20% of total debt).
  • Altisource Portfolio Solutions is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Altisource Portfolio Solutions's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Altisource Portfolio Solutions has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Altisource Portfolio Solutions's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Altisource Portfolio Solutions dividends.
If you bought $2,000 of Altisource Portfolio Solutions shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Altisource Portfolio Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Altisource Portfolio Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:ASPS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:ASPS Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Altisource Portfolio Solutions has not reported any payouts.
  • Unable to verify if Altisource Portfolio Solutions's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Altisource Portfolio Solutions's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Altisource Portfolio Solutions has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Altisource Portfolio Solutions's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Altisource Portfolio Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Altisource Portfolio Solutions has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Altisource Portfolio Solutions's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
William Shepro
COMPENSATION $6,096,155
AGE 48
TENURE AS CEO 9.8 years
CEO Bio

Mr. William B. Shepro, also known as Bill, J.D. has been the Chief Executive Officer of Altisource Portfolio Solutions S.A. since July 2009 and served as its President from July 2008 to 2012. Mr. Shepro served as President of Global Servicing Solutions LLC, a Joint Venture between Ocwen Financial Corp., and Merrill Lynch, from 2003 to August 2009. He has legal background and operational experience in the residential and commercial mortgage servicing industries. He served as the President of Altisource Asset Management Corporation until December 21, 2012. He served as President and Chief Operating Officer of Ocwen Solutions segment at Ocwen Financial Corp. Mr. Shepro served as Senior Vice President of Commercial Finance and Affordable Housing Segments at Ocwen Financial Corp., since 2003 and was responsible for Commercial Servicing and Ocwen Recovery Group and Bankhaus Oswald Kruber KG since 2005. He held the positions of Senior Vice President of Ocwen Recovery Group and Senior Vice President, Director and Senior Manager of Commercial Servicing at Ocwen. He joined Commercial Finance segment in August 1998. He was Counsel in the Ocwen Law Department. He joined Ocwen in August 1997. He was an Attorney with Willinger, Shepro, Tower and Bucci, P.C. He has been a Director of Altisource Portfolio Solutions S.A. since July 2009. Mr. Shepro also serves on the Boards of certain of Altisource's subsidiaries. Mr. Shepro serves as a Director of BMS Holdings, Inc. He served as a Director of Altisource Asset Management Corporation until December 21, 2012. He holds a Bachelor of Science in Business from Skidmore College and a Juris Doctorate from the Florida State University College of Law.

CEO Compensation
  • William's compensation has been consistent with company performance over the past year, both up more than 20%.
  • William's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Altisource Portfolio Solutions management team in years:

2.6
Average Tenure
48
Average Age
  • The tenure for the Altisource Portfolio Solutions management team is about average.
Management Team

William Shepro

TITLE
CEO & Director
COMPENSATION
$6M
AGE
48
TENURE
9.8 yrs

Michelle Esterman

TITLE
Chief Financial Officer
COMPENSATION
$860K
AGE
45
TENURE
0.8 yrs

Marcello Mastioni

TITLE
Chief Operating Officer
COMPENSATION
$2M
AGE
43
TENURE
0.2 yrs

Kevin Wilcox

TITLE
Chief Administration & Risk Officer and Corporate Secretary
COMPENSATION
$4M
AGE
54
TENURE
9.8 yrs

Gregory Ritts

TITLE
Chief Legal & Compliance Officer
COMPENSATION
$1M
AGE
49
TENURE
4.6 yrs

Indroneel Chatterjee

TITLE
Senior Vice President of New Business Initiatives
COMPENSATION
$927K
AGE
37
TENURE
0.8 yrs

Israel Meir

TITLE
President of Technology
TENURE
2.1 yrs

Lisen Syp

TITLE
Director of Communications

Liz Murphy

TITLE
VP & Global Marketing Lead
TENURE
2.6 yrs

John Vella

TITLE
Chief Revenue Officer
AGE
58
TENURE
4.3 yrs
Board of Directors Tenure

Average tenure and age of the Altisource Portfolio Solutions board of directors in years:

6.2
Average Tenure
55.5
Average Age
  • The tenure for the Altisource Portfolio Solutions board of directors is about average.
Board of Directors

Timo Vättö

TITLE
Chairman of the Board
COMPENSATION
$349K
AGE
54
TENURE
4.3 yrs

William Shepro

TITLE
CEO & Director
COMPENSATION
$6M
AGE
48
TENURE
9.8 yrs

Roland Müller-Ineichen

TITLE
Director
COMPENSATION
$263K
AGE
57
TENURE
9.8 yrs

Mickey Linn

TITLE
Director
COMPENSATION
$259K
AGE
69
TENURE
8 yrs

Joseph Morettini

TITLE
Director
COMPENSATION
$245K
AGE
65
TENURE
2 yrs

Scott Burg

TITLE
Additional Independent Director
COMPENSATION
$16K
AGE
39
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • Altisource Portfolio Solutions insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
10. May 19 Sell Wlliam Linn Individual 08. May 19 08. May 19 -5,000 $25.00 $-125,000
X
Management checks
We assess Altisource Portfolio Solutions's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Altisource Portfolio Solutions has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Read This Before Buying Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Shares

So shareholders might well want to know whether insiders have been buying or selling shares in Altisource Portfolio Solutions S.A. … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' Check out our latest analysis for Altisource Portfolio Solutions Altisource Portfolio Solutions Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider sale was by the Director, Wlliam Linn, for US$125k worth of shares, at about US$25.00 per share. … Insider Ownership of Altisource Portfolio Solutions I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders.

Simply Wall St -

Should You Think About Buying Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Now?

Altisource Portfolio Solutions S.A. … A question to answer is whether Altisource Portfolio Solutions's current trading price of $23.64 reflective of the actual value of the? … Let’s take a look at Altisource Portfolio Solutions’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Should You Worry About Altisource Portfolio Solutions S.A.'s (NASDAQ:ASPS) CEO Pay?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … Check out our latest analysis for Altisource Portfolio Solutions? … How Does William Shepro's Compensation Compare With Similar Sized Companies.

Simply Wall St -

Does Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) Have A Particularly Volatile Share Price?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

Altisource Portfolio Solutions S.A. (NASDAQ:ASPS): Time For A Financial Health Check

(NASDAQ:ASPS) is a small-cap stock with a market capitalization of US$366m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is.

Simply Wall St -

Is Altisource Portfolio Solutions SA (NASDAQ:ASPS) Excessively Paying Its CEO?

William Shepro became the CEO of Altisource Portfolio Solutions SA (NASDAQ:ASPS) in 2009. … Our data indicates that Altisource Portfolio Solutions SA is worth US$388m, and total annual CEO compensation is US$6.7m. … As you can see, William Shepro is paid more than the median CEO pay at companies of a similar size, in the same market

Simply Wall St -

What You Must Know About Altisource Portfolio Solutions SA's (NASDAQ:ASPS) Financial Strength

However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

Interested In Altisource Portfolio Solutions SA (NASDAQ:ASPS)? Here's How It Performed Recently

Investors with a long-term horizong may find it valuable to assess Altisource Portfolio Solutions SA's (NASDAQ:ASPS) earnings trend over time and against its industry benchmark as opposed to simply looking at a sincle earnings announcement at one point in time. … Below is my commentary, albiet very simple and high-level, on how Altisource Portfolio Solutions is currently performing. … See our latest analysis for Altisource Portfolio Solutions?

Simply Wall St -

Does Altisource Portfolio Solutions SA's (NASDAQ:ASPS) PE Ratio Signal A Buying Opportunity?

and want to begin learning the link between Altisource Portfolio Solutions SA (NASDAQ:ASPS)’s fundamentals and stock market performance. … While ASPS might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … Check out our latest analysis for Altisource Portfolio Solutions

Simply Wall St -

At $28.55, Is It Time To Buy Altisource Portfolio Solutions SA. (NASDAQ:ASPS)?

Great news for investors – Altisource Portfolio Solutions is still trading at a fairly cheap price. … Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. … If you are no longer interested in Altisource Portfolio Solutions, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

Simply Wall St -

Company Info

Description

Altisource Portfolio Solutions S.A. operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States and internationally. It operates in two segments, Mortgage Market and Real Estate Market. The company offers property preservation and inspection, real estate brokerage and auction, title insurance and settlement, appraisal management, broker and non-broker valuation, foreclosure trustee, mortgage charge-off collection, residential and commercial loan disbursement processing, and residential and commercial construction inspection and risk mitigation services, as well as valuation data; residential and commercial loan servicing, vendor management, marketplace transaction and payment management, and default services technologies; and document management platform. It also provides fulfillment, loan certification, and mortgage banker cooperative management services; loan origination system; loan certification and mortgage fraud insurance; and vendor management oversight platform. In addition, the company offers mortgage brokerage and homeowners insurance solutions; and buy-renovate-lease-sell and data solutions, as well as real estate brokerage services under the Owners.com name. Further, it provides post-charge-off consumer debt collection services, customer relationship management services, and information technology infrastructure management services. The company serves financial institutions, government-sponsored enterprises, utility companies, commercial banks, servicers, investors, non-bank originators, correspondent lenders, mortgage bankers, insurance companies, and financial services companies. Altisource Portfolio Solutions S.A. was incorporated in 1999 and is headquartered in Luxembourg City, Luxembourg.

Details
Name: Altisource Portfolio Solutions S.A.
ASPS
Exchange: NasdaqGS
Founded: 1999
$354,712,785
16,278,696
Website: http://www.altisource.com
Address: Altisource Portfolio Solutions S.A.
40, avenue Monterey,
Luxembourg City,
2163,
Luxembourg
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS ASPS Common Stock Nasdaq Global Select US USD 31. Jul 2009
Number of employees
Current staff
Staff numbers
6,128
Altisource Portfolio Solutions employees.
Industry
Real Estate Services
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 00:17
End of day share price update: 2019/05/23 00:00
Last estimates confirmation: 2019/04/25
Last earnings filing: 2019/04/25
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.