AlTi Global, Inc. (ALTI) vs Noah Holdings Ltd. (NOAH)
AlTi Global, Inc. and Noah Holdings Ltd. are both Asset Management companies. Noah Holdings Ltd. is the larger, with a market value of $538.3M against $477.2M — 1.1× the size. AlTi Global, Inc. has negative trailing earnings, so its P/E is not meaningful; Noah Holdings Ltd. trades at 6.3×. AlTi Global, Inc. grew revenue faster over the last twelve months: 33.3% against 8.07%. Noah Holdings Ltd. has the higher net margin (22.7% vs −40.9%) and the higher return on invested capital (12.3% vs −4.52%). Across the 17 metrics below, Noah Holdings Ltd. leads on 15 and AlTi Global, Inc. on 2.
Valuation
Profitability
| Metric | ALTI | NOAH | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 100.00% | 100.00% |
| Operating margin | (22.22%) | 33.71% | 33.03% |
| Net margin | (40.86%) | 22.67% | 13.53% |
| Free cash flow margin | 0.44% | 57.74% | 12.44% |
| Return on equity | (19.38%) | 0.00% | 4.83% |
| Return on assets | (9.62%) | 5.17% | 1.57% |
| Return on invested capital | (4.52%) | 12.31% | 3.04% |
Growth
Health
Dividend
Size
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