Altisource Portfolio Solutions
Market Cap
US$309.1m
Last Updated
2020/02/17 00:50 UTC
Data Sources
Company Financials +
Executive Summary
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.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and fair value.
Similar Companies
Share Price & News
How has Altisource Portfolio Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ASPS has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.8%
ASPS
1.0%
US Real Estate
1.5%
US Market
1 Year Return
-21.8%
ASPS
10.3%
US Real Estate
20.1%
US Market
Return vs Industry: ASPS underperformed the US Real Estate industry which returned 10.3% over the past year.
Return vs Market: ASPS underperformed the US Market which returned 20.1% over the past year.
Shareholder returns
| ASPS | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.8% | 1.0% | 1.5% |
| 30 Day | 1.4% | 2.7% | 1.4% |
| 90 Day | 10.4% | 9.8% | 8.7% |
| 1 Year | -21.8%-21.8% | 11.2%10.3% | 22.7%20.1% |
| 3 Year | -14.9%-14.9% | 29.7%26.6% | 50.1%40.5% |
| 5 Year | -16.4%-16.4% | 16.4%12.6% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is Altisource Portfolio Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
13 hours ago | Simply Wall St
How Should Investors React To Altisource Portfolio Solutions S.A.'s (NASDAQ:ASPS) CEO Pay?3 weeks ago | Simply Wall St
Is Altisource Portfolio Solutions (NASDAQ:ASPS) A Risky Investment?1 month ago | Simply Wall St
Volatility 101: Should Altisource Portfolio Solutions (NASDAQ:ASPS) Shares Have Dropped 27%?Valuation
Is Altisource Portfolio Solutions undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ASPS ($19.7) is trading below our estimate of fair value ($149.9)
Significantly Below Fair Value: ASPS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ASPS is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.
PE vs Market: ASPS is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ASPS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ASPS is good value based on its PB Ratio (1.1x) compared to the US Real Estate industry average (1.4x).
Next Steps
Future Growth
How is Altisource Portfolio Solutions forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
126.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ASPS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: ASPS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ASPS's is expected to become profitable in the next 3 years.
Revenue vs Market: ASPS's revenue (8.4% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: ASPS's revenue (8.4% per year) is forecast to grow slower 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
Next Steps
Past Performance
How has Altisource Portfolio Solutions performed over the past 5 years?
-2.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ASPS is currently unprofitable.
Growing Profit Margin: ASPS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ASPS is unprofitable, and losses have increased over the past 5 years at a rate of -2.2% per year.
Accelerating Growth: Unable to compare ASPS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ASPS is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-31.1%).
Return on Equity
High ROE: ASPS has a negative Return on Equity (-3.69%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Altisource Portfolio Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: ASPS's short term assets ($187.3M) exceed its short term liabilities ($89.0M).
Long Term Liabilities: ASPS's short term assets ($187.3M) do not cover its long term liabilities ($311.5M).
Debt to Equity History and Analysis
Debt Level: ASPS's debt to equity ratio (100.6%) is considered high.
Reducing Debt: ASPS's debt to equity ratio has reduced from 667% to 100.6% over the past 5 years.
Balance Sheet
Inventory Level: ASPS has a low level of unsold assets or inventory.
Debt Coverage by Assets: ASPS's debt is not covered by short term assets (assets are 0.6x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ASPS has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: ASPS has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is Altisource Portfolio Solutions's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ASPS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ASPS's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ASPS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
William Shepro (49yo)
10.6yrs
Tenure
US$6,096,155
Compensation
Mr. William B. Shepro, also known as Bill, J.D. serves as Chairman at Altisource Portfolio Solutions S.A. since July 2019. Mr. Shepro has been the Chief Executive Officer of Altisource Portfolio Solutions ...
CEO Compensation Analysis
Compensation vs Market: William's total compensation ($USD6.10M) is above average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: William's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 10.6yrs | US$6.10m | 2.76% $8.5m | |
| Chief Financial Officer | 1.5yrs | US$859.54k | 0.11% $339.1k | |
| Chief Operating Officer | 0.9yrs | US$1.58m | 0.19% $578.7k | |
| Chief Administration & Risk Officer and Corporate Secretary | 10.5yrs | US$3.78m | 1.51% $4.7m | |
| Chief Legal & Compliance Officer | 2yrs | US$1.07m | 0.13% $399.1k | |
| President of Technology | 2.8yrs | no data | no data | |
| Director of Communications | 0yrs | no data | no data | |
| VP & Global Marketing Lead | 3.3yrs | no data | no data | |
| Chief Revenue Officer | 5.1yrs | no data | no data | |
| Senior Vice President of Government & Industry Relations | 4.5yrs | no data | no data |
3.3yrs
Average Tenure
49.5yo
Average Age
Experienced Management: ASPS's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 10.6yrs | US$6.10m | 2.76% $8.5m | |
| Independent Director | 10.6yrs | US$263.42k | 0.21% $662.6k | |
| Additional Independent Director | 1.4yrs | US$16.08k | 0.020% $61.9k | |
| Independent Director | 2.8yrs | US$245.36k | 0.066% $204.9k |
2.1yrs
Average Tenure
53.5yo
Average Age
Experienced Board: ASPS's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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.
Top Shareholders
Company Information
Altisource Portfolio Solutions S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Altisource Portfolio Solutions S.A.
- Ticker: ASPS
- Exchange: NasdaqGS
- Founded: 1999
- Industry: Real Estate Services
- Sector: Real Estate
- Market Cap: US$309.068m
- Shares outstanding: 15.69m
- Website: https://www.altisource.com
Number of Employees
Location
- Altisource Portfolio Solutions S.A.
- 40, avenue Monterey
- Luxembourg City
- 2163
- Luxembourg
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ASPS | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jul 2009 |
Biography
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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 00:50 |
| End of Day Share Price | 2020/02/14 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.