Altus Holdings Limited (8149) AI Stock Analysis

• Market Cap: HK$91.95M
• Dividend Yield: 2.85%
• Average Volume (3M): 76.00K
• Price to Earnings (P/E): 45.2
• Beta (1Y): 0.04
• Revenue Growth: -1.68%
• EPS Growth: -85.80%
• Country: HK
• Employees: 19
• Sector: Industrials
• Sector Strength: 85
• Industry: Conglomerates
• EPS (TTM): >-0.01
• Shares Outstanding: 828,420,000
• 10 Day Avg. Volume: 207,000
• 30 Day Avg. Volume: 76,000
• PEG Ratio: -0.63
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 7.83
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: ―

Altus Holdings Limited exhibits strong financial stability and profitability with improved margins and effective cost management. However, the declining revenue trend and overvaluation indicated by a high P/E ratio are significant concerns. Technically, the stock shows weak momentum, requiring attention. The company's ability to maintain strong cash flow supports its operational efficiency, but valuation concerns should be carefully considered by investors.

Altus Holdings Limited Business Overview & Revenue Model

Company Description

Altus Holdings Limited (8149) is a Hong Kong-based investment holding company that primarily engages in the provision of corporate finance advisory services. The company operates through two main segments: the provision of corporate finance services and the property investment and development segment. Its corporate finance services include advising on transactions such as initial public offerings, mergers and acquisitions, and compliance with regulatory requirements. The property investment segment involves the acquisition, development, and management of residential and commercial properties.

How the Company Makes Money

Altus Holdings Limited generates revenue primarily through its corporate finance advisory services by charging fees for advising clients on various financial transactions and corporate activities. These advisory fees are often contingent on the successful completion of transactions, such as IPOs or mergers and acquisitions. Additionally, the property investment and development segment contributes to revenue through rental income from its portfolio of residential and commercial properties and potential capital gains from property sales. The company's earnings are influenced by market conditions in the financial and real estate sectors, as well as its ability to secure and execute advisory mandates and manage its property assets effectively.

Altus Holdings Limited Financial Statement Overview

Summary

Altus Holdings Limited demonstrates solid financial health with strong profitability and cash flow generation. Despite a declining revenue trend, the company has improved its margins and financial ratios, reflecting effective management and stability. Continued focus on revenue growth and asset utilization could further enhance its financial position.

Income Statement

Altus Holdings Limited demonstrates strong profitability with a consistent gross profit margin over 80% and improving net profit margin, increasing from 2.1% in 2020 to 24.3% in 2024. Notable revenue growth of 8.8% from 2023 to 2024 showcases positive momentum, although revenue has declined since 2020. EBIT and EBITDA margins are stable, reflecting effective cost management. However, the overall declining revenue trend from 2020 is a concern.

Balance Sheet

The company maintains a healthy equity ratio of 64.8% in 2024, indicating strong financial stability. The debt-to-equity ratio has improved from 0.48 in 2020 to 0.39 in 2024, showcasing effective debt management. Return on equity has increased significantly from 1.1% in 2020 to 3.3% in 2024, reflecting improved profitability. However, the declining asset base raises potential concerns about long-term growth.

Cash Flow

Altus Holdings' cash flow performance is robust, with a positive free cash flow every year. The free cash flow to net income ratio is strong at 1.10 in 2024, and the operating cash flow to net income ratio of 1.11 indicates efficient cash conversion. The free cash flow growth rate is negative compared to 2023, yet the company's ability to maintain strong free cash flow supports liquidity and operational efficiency.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	44.41M	51.98M	47.79M	55.71M	59.27M	59.67M
Gross Profit	39.05M	42.12M	37.77M	43.28M	45.63M	44.26M
EBITDA	5.65M	25.95M	19.78M	17.96M	20.23M	8.21M
Net Income	1.89M	12.63M	9.88M	6.98M	6.29M	494.00K
Balance Sheet
Total Assets	586.30M	586.30M	630.02M	663.24M	713.48M	730.31M
Cash, Cash Equivalents and Short-Term Investments	45.39M	45.55M	35.66M	33.20M	34.79M	39.44M
Total Debt	90.52M	146.70M	161.47M	176.65M	201.85M	217.90M
Total Liabilities	193.33M	193.33M	207.72M	222.63M	249.31M	264.12M
Stockholders Equity	380.04M	380.04M	408.13M	426.16M	449.63M	451.77M
Cash Flow
Free Cash Flow	12.49M	18.61M	16.89M	18.29M	18.25M	18.75M
Operating Cash Flow	12.50M	18.66M	16.91M	18.36M	18.27M	18.80M
Investing Cash Flow	19.58M	-200.00K	-5.79M	-663.00K	-3.12M	-35.17M
Financing Cash Flow	-5.85M	-5.01M	-8.46M	-18.07M	-18.34M	17.50M

Altus Holdings Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.11
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:8149, the sentiment is Positive. The current price of 0.11 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.11, and below the 200-day MA of 0.11, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.23 is Neutral, neither overbought nor oversold. The STOCH value of 82.96 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:8149.

Altus Holdings Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8149	66 Neutral	HK$91.95M	45.22	-2.26%	2.85%	-1.68%	-85.80%
Sector *	58 Neutral	HK$13.89B	4.25	-3.01%	7.32%	3.67%	-54.16%
8196	50 Neutral	HK$60.32M	―	-9.50%	―	-58.07%	-303.40%
8196	50 Neutral	HK$60.32M	―	-9.50%	―	-58.07%	-303.40%
8152	42 Neutral	HK$32.40M	―	-12.68%	―	-55.96%	-286.09%
8133	42 Neutral	HK$11.84M	―	-8.84%	―	-16.83%	62.13%
8133	42 Neutral	HK$11.84M	―	-8.84%	―	-16.83%	62.13%
8220	35 Underperform	HK$377.73M	―		―	-23.18%	-117.81%