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Added to YB: 2025-02-11

Pitch date: 2025-02-10

ALI.WA [bullish]

Altus S.A.

+72.89%

current return

Author Info

Turning Rough Stones focuses on cheap stocks from various strategies using global stock rankings. Sign up for the newsletter.

Company Info

ALTUS Towarzystwo Funduszy Inwestycyjnych S.A. is a publicly owned investment manager. ALTUS Towarzystwo Funduszy Inwestycyjnych S.

Market Cap

PLN 81.6M

Pitch Price

PLN 1.96

Price Target

N/A

Dividend

N/A

EV/EBITDA

-5.27

P/E

7.67

EV/Sales

-0.72

Sector

Capital Markets

Category

value

Show full summary:
Altus SA: an undervalued Polish fund manager

ALI.WA: Polish investment co, cheap (P/E, P/TBV, NCAV/MC 1.4), negative EV. Strong balance sheet, good metrics. High fixed costs, low EBIT margin. Complex litigation risk (135M PLN claim). Insider ownership: 37.66% Osiecki. Governance seems OK. Low liquidity, volatile. Good for small position despite risks.

Read full article (2 min)