AlTi Global, Inc. (ALTI) vs Cypherpunk Technologies Inc. (CYPH)

AlTi Global, Inc. and Cypherpunk Technologies Inc. are both Asset Management companies. AlTi Global, Inc. is the larger, with a market value of $371.1M against $266.2M — 1.4× the size. AlTi Global, Inc. grew revenue faster over the last twelve months: 33.3% against 0.00%. Cypherpunk Technologies Inc. has the higher net margin (0.00% vs −57.1%) and the lower return on invested capital (−8.44% vs −4.52%). Across the 16 metrics below, Cypherpunk Technologies Inc. leads on 9 and AlTi Global, Inc. on 7.

Valuation

Metric ALTI CYPH Asset Management median
P/E n/m n/m 13.38
P/S 0.95 303.53 2.99
P/B 0.52 3.27 0.91
Price to free cash flow 219.14 n/m 7.79
EV/EBITDA — n/m —
EV/Sales — 364.80 —
Earnings yield (66.37%) (1.62%) 4.67%
Free cash flow yield 0.46% (4.62%) 4.85%

Profitability

Metric ALTI CYPH Asset Management median
Gross margin 100.00% 0.00% 100.00%
Operating margin (22.22%) 0.00% 27.27%
Net margin (57.12%) 0.00% 11.89%
Free cash flow margin 0.44% 0.00% 5.96%
Return on equity (27.10%) (1.21%) 4.57%
Return on assets (13.45%) (1.08%) 1.40%
Return on invested capital (4.52%) (8.44%) 2.12%

Growth

Metric ALTI CYPH Asset Management median
Revenue growth (TTM) 33.25% 0.00% 7.26%
EPS growth (last fiscal year) 3.14% 103.87% (5.64%)
Revenue growth, 5-year CAGR — — 11.84%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric ALTI CYPH Asset Management median
Debt to equity 0.01 0.00 0.40
Current ratio 0.97 79.19 1.23
Net debt to EBITDA 0.73 0.34 1.06

Dividend

Metric ALTI CYPH Asset Management median
Dividend yield — — 6.43%
Payout ratio — — 0.91

Size

Metric ALTI CYPH Asset Management median
Market cap 371.14m 266.17m 692.54m

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