Alvarium Tiedemann Holdings (ALTI) AI Stock Analysis

Compare

24 Followers

Top Page

Alvarium Tiedemann Holdings

(NASDAQ:ALTI)

Rating:53Neutral

Price Target:

$3.50

▲(4.17%Upside)

Alvarium Tiedemann Holdings' overall stock score reflects significant financial performance challenges, with persistent losses and negative cash flows. However, the positive earnings call, indicating strategic growth and operational improvements, provides an optimistic outlook. Technical analysis and valuation suggest stabilization but highlight underlying risks.

Alvarium Tiedemann Holdings (ALTI) vs. SPDR S&P 500 ETF (SPY)

Market Cap

$461.05M

Dividend YieldN/A

Average Volume (3M)82.41K

Price to Earnings (P/E)―

Beta (1Y)1.58

Revenue Growth-10.84%

EPS Growth-58.05%

CountryUS

Employees430

SectorFinancial

Sector Strength81

IndustryAsset Management - Global

Share Statistics

EPS (TTM)0.03

Shares Outstanding99,873,690

10 Day Avg. Volume85,532

30 Day Avg. Volume82,410

Financial Highlights & Ratios

PEG Ratio-345.89

Price to Book (P/B)416.38

Price to Sales (P/S)0.00

P/FCF Ratio-8.55

Enterprise Value/Market Cap1.08

Enterprise Value/Revenue0.53

Enterprise Value/Gross Profit6.74

Enterprise Value/Ebitda-1.50

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

Alvarium Tiedemann Holdings Business Overview & Revenue Model

Company DescriptionAlTi Global, Inc. provides wealth and asset management services individuals, families, foundations, and institutions in the United States and internationally. The company offers discretionary investment management, non-discretionary investment advisory, trust, and administration services, as well as family office services comprising wealth transfer planning, multi-generational education planning, wealth and asset strategy, trust and fiduciary, chief financial officers and outsourced family office, philanthropy, and lifestyle and special projects services. It also provides merchant banking services, such as merger and acquisition advisory, corporate broker, private placements, public company and initial public offering advisory, strategic advisory, independent board advice, and structured finance advisory services; and corporate advisory, brokerage, and placement agency services to entrepreneurs and companies. The company offers investment strategy, asset allocation, investment manager selection, risk management, portfolio construction and implementation, and reporting. In addition, it manages or advises in combined assets; structures, arranges, and provides investors with co-investment opportunities in various alternative assets; manages and advises public and private investment funds; and invests in and supports financial services professionals, as well as provides impact investing advisory, investment manager selection, monitoring, and due diligence services. Further, the company offers coordination of legal-related and strategic business planning, wealth transfer planning, estate planning, research on trustee placement and multi-generational education planning, administrative, tax planning and concierge, and other services. The company was formerly known as Alvarium Tiedemann Holdings, Inc. and changed its name to AlTi Global, Inc. in April 2023. The company is based in New York, New York.

How the Company Makes MoneyAlvarium Tiedemann Holdings generates revenue through several key streams. The primary source of income is management fees charged on assets under management (AUM) in its wealth management and investment advisory services. The company also earns performance fees that are contingent on achieving specified investment benchmarks. Additionally, Alvarium Tiedemann Holdings benefits from advisory fees for providing strategic financial and investment advice. The firm has significant partnerships with high-net-worth individuals, family offices, and institutional investors, which contribute substantially to its revenue base. The emphasis on sustainable and impact investing also attracts clients looking to balance financial returns with social and environmental considerations.

Alvarium Tiedemann Holdings Earnings Call Summary

Earnings Call Date:May 12, 2025

(Q1-2025)

% Change Since: -2.33%|

Next Earnings Date:Aug 19, 2025

Earnings Call Sentiment Positive

The earnings call highlighted significant revenue growth, successful acquisitions, and strategic initiatives that are positioned to drive long-term value. However, challenges such as a net loss, high operating expenses, and exiting noncore operations were also noted. Despite these challenges, the positive strides in growth and strategic partnerships suggest a generally optimistic outlook.

Q1-2025 Updates

Positive Updates

Revenue Growth

AlTi generated $58 million in consolidated revenue for Q1 2025, representing a 14% increase year-over-year. The core Wealth Management and Capital Solutions segment saw a 23% rise in revenue.

Increase in Assets Under Management

There was a 10% increase in Assets Under Management and advisement, driven by last year's acquisitions and solid portfolio performance.

Successful Acquisition of Kontora

The acquisition of Kontora marks AlTi's entry into Germany, expanding its global footprint. This acquisition is expected to be accretive to EBITDA and enhance platform profitability through increased scale and operational synergies.

Private Credit Program Success

The new private credit program launched in partnership with Allianz X has secured approximately $240 million in commitments from International Wealth clients by the end of Q1 2025.

Strong Investment Performance

The Asian Credit and European long/short equity strategies delivered returns of 13.3% and 11.9%, respectively, for the year, contributing to robust investment distributions.

Operational Efficiency Initiatives

AlTi launched a zero-based budgeting process to drive productivity and enhance cost efficiency, which is expected to yield substantial annual savings.

Negative Updates

Net Loss

AlTi reported a GAAP net loss of $3 million for the first quarter.

High Operating Expenses

Operating expenses totaled $72 million in the quarter, which remains high relative to the current scale of the business.

Volatile Market Conditions

The market has experienced significant volatility, although AlTi's portfolios have remained resilient due to broad diversification.

Exiting Noncore Real Estate Segment

AlTi is in the process of exiting its International Real Estate segment, which has been identified as noncore to its strategy.

Company Guidance

During AlTi's First Quarter 2025 Earnings Conference Call, the company provided guidance reflecting significant growth and strategic advancements. AlTi reported a 14% year-over-year increase in consolidated revenue, reaching $58 million, with 83% derived from stable, recurring management fees. The company's core Wealth Management and Capital Solutions segment saw a 23% revenue increase, supported by a 10% rise in Assets Under Management. Adjusted EBITDA grew to $9 million, up from $7 million in the previous year. AlTi's strategic initiatives included the acquisition of Kontora, expanding its footprint in Germany, and launching a private credit program. The company emphasized its commitment to operational efficiency through a zero-based budgeting approach, aiming for significant cost savings. Additionally, AlTi is exiting its International Real Estate segment to focus on core business areas. The collaboration with Allianz X and Constellation Wealth Capital is expected to further enhance AlTi's market position and growth trajectory.

Alvarium Tiedemann Holdings Financial Statement Overview

Summary

Alvarium Tiedemann Holdings faces significant financial challenges, marked by declining revenues, persistent losses, and negative cash flows. While there is some improvement in leverage, the overall financial health of the company remains weak, requiring strategic adjustments to restore profitability and growth.

Income Statement

Negative

Alvarium Tiedemann Holdings showed significant revenue decline from 2023 to 2024, with total revenue dropping to zero. The company has consistently operated at a loss, with negative EBIT and net income over recent years. The net profit margin and EBIT margin are negative, indicating ongoing operational challenges.

Balance Sheet

Neutral

The company has a relatively strong equity base with a debt-to-equity ratio improving to 0.10 in 2024 from higher previous levels, reflecting reduced leverage. However, the return on equity is negative due to continued net losses, posing risks to financial stability.

Cash Flow

Negative

Negative operating and free cash flows indicate that the company is not generating sufficient cash from its operations. Although free cash flow improved in 2024 compared to 2023, the cash flow to net income ratios remain unfavorable.

Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Breakdown
Income Statement		Total Revenue
206.94M	250.88M	81.63M	75.16M	52.26M
	Gross Profit
37.05M	46.83M	-9.90M	24.75M	12.23M
	EBIT
-86.85M	-94.11M	-9.90M	3.56M	-2.83M
	EBITDA
-203.03M	-96.65M	-2.71M	9.82M	4.63M
	Net Income Common Stockholders
-103.03M	-162.61M	-5.13M	1.52M	-3.38M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
65.49M	15.35M	7.45K	12.96M	8.30M
	Total Assets
1.26B	1.27B	76.10M	99.17M	90.09M
	Total Debt
63.05M	242.48M	26.39M	10.45M	9.19M
	Net Debt
-2.44M	227.13M	20.49M	-2.51M	887.84K
	Total Liabilities
285.64M	478.54M	120.92M	42.86M	27.70M
	Stockholders Equity
658.40M	341.93M	23.00M	56.29M	60.79M
Cash Flow		Free Cash Flow
-58.37M	-82.34M	-1.09M	14.04M	2.95M
	Operating Cash Flow
-50.65M	-81.71M	-965.72K	14.45M	3.33M
	Investing Cash Flow
-75.69M	-132.95M	4.35M	-9.75M	-2.50M
	Financing Cash Flow
174.26M	36.02M	500.00K	-38.75K	422.54K

Alvarium Tiedemann Holdings Technical Analysis

Technical Analysis Sentiment

Positive

Last Price3.36

Price Trends

50DMA

3.15

Positive

100DMA

3.45

Negative

200DMA

3.81

Negative

Market Momentum

MACD

0.02

Positive

RSI

53.44

Neutral

STOCH

24.27

Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ALTI, the sentiment is Positive. The current price of 3.36 is above the 20-day moving average (MA) of 3.32, above the 50-day MA of 3.15, and below the 200-day MA of 3.81, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 53.44 is Neutral, neither overbought nor oversold. The STOCH value of 24.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ALTI.

Alvarium Tiedemann Holdings Risk Analysis

Alvarium Tiedemann Holdings disclosed 70 risk factors in its most recent earnings report. Alvarium Tiedemann Holdings reported the most risks in the “Finance & Corporate” category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added 0 New Risks

Alvarium Tiedemann Holdings Peers Comparison

Overall Rating

UnderperformOutperform

Sector (64)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GDOT	76 Outperform	$507.19M	―	-0.62%	―	19.12%	75.50%
AROW	67 Neutral	$427.22M	15.10	7.25%	4.29%	11.46%	-1.07%
Sector *	64 Neutral	$12.67B	9.74	7.58%	17015.08%	12.21%	-6.96%
GROW	54 Neutral	$28.79M	219.00	0.34%	4.09%	65.09%	-90.65%
ALTI	53 Neutral	$461.05M	―	-23.15%	―	-10.84%	-58.05%
PNNT	48 Neutral	$430.30M	44.56	1.95%	14.26%	―	-66.59%
NETD		$422.04M	46.73	2.88%	―	―	―

* Financial Sector Average

Performance Comparison

ALTI

Alvarium Tiedemann Holdings

3.36

-1.68

-33.33%

AROW

Arrow Financial

26.27

1.76

7.18%

GDOT

Green Dot

9.24

-0.80

-7.97%

PNNT

Pennantpark Investment

6.74

0.30

4.66%

GROW

US Global Investors

2.19

-0.35

-13.78%

NETD

Nabors Energy Transition Corp. II Class A

11.07

0.53

5.03%

Alvarium Tiedemann Holdings Corporate Events

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures

Alvarium Tiedemann Holdings Reports Q1 Earnings and Growth

Positive

May 12, 2025

On May 12, 2025, AlTi Global released its first-quarter earnings report, highlighting its strategic investments and growth trajectory. The company has completed or is in the process of five acquisitions globally since 2023, maintaining a 96% client retention rate since 2020. With a strong capital position and strategic partnerships, AlTi aims to accelerate its international expansion and enhance its market presence in the ultra-high-net-worth (UHNW) wealth management sector. The company’s focus on impact investing and strategic growth positions it as a preeminent player in the global UHNW wealth management industry.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures

Alvarium Tiedemann Holdings Releases Preliminary 2024 Results

Positive

Mar 13, 2025

On March 13, 2025, AlTi Global released its preliminary financial results for the fourth quarter and full year ending December 31, 2024. These unaudited estimates are subject to change upon finalization of financial procedures. The company has completed or is in the process of five acquisitions since 2023, maintaining a 96% client retention rate. With a strong capital position and strategic partnerships, AlTi Global aims to enhance its market presence and drive growth in the wealth management sector.

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.