Altisource Portfolio Solutions S.A. (ASPSZ) intrinsic value & 10-year financials
Altisource Portfolio Solutions S.A. (ASPSZ) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 17.8% a year to $171.0M, with an average return on invested capital of -3.7%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $171.0M
- Revenue growth (10-yr CAGR)
- -17.8%
- ROIC (10-yr avg)
- -3.7%
- Free cash flow (FY2025)
- -$5.1M
ASPSZ 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $171.0M | $1.9M | $0.15 | -$5.1M | 0.2% | 0.4% |
| FY2024 | $160.1M | -$35.4M | -$1.25 | -$5.0M | 2.0% | 6.2% |
| FY2023 | $145.1M | -$56.1M | -$2.51 | — | -11.6% | -24.4% |
| FY2022 | $153.1M | -$52.8M | -$3.32 | -$45.8M | -21.7% | -41.8% |
| FY2021 | $178.5M | $12.1M | $0.74 | -$61.8M | 16.2% | 23.6% |
| FY2020 | $365.5M | -$66.3M | -$4.31 | -$25.1M | -12.1% | -28.2% |
| FY2019 | $648.7M | -$305.9M | -$19.26 | $44.5M | 2.8% | 2.3% |
| FY2018 | $838.2M | -$2.7M | -$0.32 | $64.5M | 5.1% | 3.5% |
| FY2017 | $942.2M | $311.6M | $16.53 | $55.6M | 5.3% | 9.7% |
| FY2016 | $997.3M | $31.4M | $1.46 | $103.5M | 6.5% | 12.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
ALTISOURCE PORTFOLIO SOLUTIONS S.A. is facing top-line stagnation, with revenue contracting over the decade.
ALTISOURCE PORTFOLIO SOLUTIONS S.A. has historically struggled to out-earn its cost of capital, averaging just -3.7% ROIC.
Over the decade, ALTISOURCE PORTFOLIO SOLUTIONS S.A. shows that management has aggressively returned capital to shareholders by retiring 43.6% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, ALTISOURCE PORTFOLIO SOLUTIONS S.A. is modeled at -22.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-4.68 per share.