Altisource Portfolio Solutions (NasdaqGS:ASPS) - Share price, News & Analysis

ASPS fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	2/6
Financial Health	0/6
Dividends	0/6

ASPS Stock Overview

Rewards

Trading at 82.7% below our estimate of its fair value

Revenue is forecast to grow 43.53% per year

Became profitable this year

Risk Analysis

Earnings are forecast to decline by an average of 3.5% per year for the next 3 years

Debt is not well covered by operating cash flow

High level of non-cash earnings

Altisource Portfolio Solutions Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Altisource Portfolio Solutions
Historical stock prices
Current Share Price	US$11.68
52 Week High	US$14.58
52 Week Low	US$7.00
Beta	1.52
1 Month Change	3.64%
3 Month Change	-9.81%
1 Year Change	29.63%
3 Year Change	-40.59%
5 Year Change	-46.47%
Change since IPO	66.86%

Recent News & Updates

Apr 28

Is There Now An Opportunity In Altisource Portfolio Solutions S.A. (NASDAQ:ASPS)?

Altisource Portfolio Solutions S.A. ( NASDAQ:ASPS ), is not the largest company out there, but it saw a decent share...

Shareholder Returns

	ASPS	US Real Estate	US Market
7D	1.9%	9.2%	6.6%
1Y	29.6%	-51.4%	-18.5%

Return vs Industry: ASPS exceeded the US Real Estate industry which returned -53.1% over the past year.

Return vs Market: ASPS exceeded the US Market which returned -20.5% over the past year.

Price Volatility

Is ASPS's price volatile compared to industry and market?
ASPS volatility
ASPS Average Weekly Movement	8.1%
Real Estate Industry Average Movement	8.5%
Market Average Movement	8.0%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: ASPS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ASPS's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1999	2,024	Bill Shepro	https://www.altisource.com

Altisource Portfolio Solutions S.A. operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States, India, Luxembourg, Uruguay, and internationally. It provides property preservation and inspection services, payment management technologies, and a vendor management oversight software-as-a-service (SaaS) platform. The company also offers Hubzu, an online real estate auction platform, as well as real estate auction, real estate brokerage, and asset management services; and Equator, a SaaS-based technology to manage real estate owned, short sales, foreclosure, bankruptcy, and eviction processes.

Altisource Portfolio Solutions Fundamentals Summary

How do Altisource Portfolio Solutions's earnings and revenue compare to its market cap?
ASPS fundamental statistics
Market Cap	US$187.55m
Earnings (TTM)	US$21.62m
Revenue (TTM)	US$167.50m

8.7x

P/E Ratio

1.1x

P/S Ratio

Is ASPS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASPS income statement (TTM)
Revenue	US$167.50m
Cost of Revenue	US$155.08m
Gross Profit	US$12.43m
Other Expenses	-US$9.20m
Earnings	US$21.62m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	1.35
Gross Margin	7.42%
Net Profit Margin	12.91%
Debt/Equity Ratio	-301.8%

How did ASPS perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is ASPS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ASPS?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ASPS. This is calculated by dividing ASPS's market cap by their current preferred multiple.
What is ASPS's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	US$187.55m

ASPS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.1x
Enterprise Value/EBITDA	-9.7x
PEG Ratio	-2.5x

Price to Earnings Ratio vs Peers

How does ASPS's PE Ratio compare to its peers?

ASPS PE Ratio vs Peers

The above table shows the PE ratio for ASPS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	6.7x

Forward PE

Price-To-Earnings vs Peers: ASPS is expensive based on its Price-To-Earnings Ratio (8.7x) compared to the peer average (6.7x).

Price to Earnings Ratio vs Industry

How does ASPS's PE Ratio compare vs other companies in the U.S. Real Estate Industry?

Price-To-Earnings vs Industry: ASPS is good value based on its Price-To-Earnings Ratio (8.7x) compared to the US Real Estate industry average (10.4x)

Price to Earnings Ratio vs Fair Ratio

What is ASPS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ASPS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	8.7x
Fair PE Ratio	17.7x

Price-To-Earnings vs Fair Ratio: ASPS is good value based on its Price-To-Earnings Ratio (8.7x) compared to the estimated Fair Price-To-Earnings Ratio (17.7x).

Share Price vs Fair Value

What is the Fair Price of ASPS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ASPS ($11.68) is trading below our estimate of fair value ($67.42)

Significantly Below Fair Value: ASPS is trading below fair value by more than 20%.

Price to Earnings Growth Ratio

PEG Ratio: ASPS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.

Discover undervalued companies

Future Growth

How is Altisource Portfolio Solutions forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-3.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASPS's earnings are forecast to decline over the next 3 years (-3.5% per year).

Earnings vs Market: ASPS's earnings are forecast to decline over the next 3 years (-3.5% per year).

High Growth Earnings: ASPS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ASPS's revenue (43.5% per year) is forecast to grow faster than the US market (8.3% per year).

High Growth Revenue: ASPS's revenue (43.5% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ASPS's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Past Performance

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

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-44.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ASPS has a high level of non-cash earnings.

Growing Profit Margin: ASPS became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: ASPS has become profitable over the past 5 years, growing earnings by -44% per year.

Accelerating Growth: ASPS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ASPS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (116.4%).

Return on Equity

High ROE: ASPS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Discover strong past performing companies

Financial Health

How is Altisource Portfolio Solutions's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: ASPS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ASPS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: ASPS has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ASPS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: ASPS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if ASPS's interest payments on its debt are well covered by EBIT.

Balance Sheet

Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ASPS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ASPS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ASPS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ASPS's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ASPS has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

5.0yrs

Average management tenure

CEO

Bill Shepro (51 yo)

12.92yrs

Tenure

US$2,161,673

Compensation

Mr. William B. Shepro, also known as Bill, J.D. serves as Chairman at Altisource Portfolio Solutions S.A. since May 2019. Mr. Shepro has been the Chief Executive Officer of Altisource Portfolio Solutions S...

CEO Compensation Analysis

Compensation vs Market: Bill's total compensation ($USD2.16M) is about average for companies of similar size in the US market ($USD1.73M).

Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: ASPS's management team is considered experienced (5 years average tenure).

Board Members

Experienced Board: ASPS's board of directors are considered experienced (5.1 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/06/24 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31