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Altisource Portfolio Solutions S.A. (ASPS)

NASDAQ / Real Estate / Real Estate - Services

Share price

5.72 USD Market dataClose of Oct 14, 2026

Market capitalisation

65.3M USD Market dataClose of Oct 14, 2026
Market data
Oct 14, 2026
Filed accounts
FY2025, filed Mar 4, 2026
Ratios computed
Oct 14, 2026
Filed years
16, FY2009 to FY2025
Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means
SEC filingFiled with the SEC
Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
Company statementCompany statement
What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
Market dataMarket data
Prices, market value and what analysts publish, with the date they are as of.
ComputedComputed by ValueScreener
Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.
Reading

1 of 10

Overview

What the business is, what it costs, and how it reads on four questions.

Market dataSEC filingComputed

Four questions, at a glance

Quality

Return on invested capital, after tax

n/a Computed

From the FY2025 filing

Why n/a

The filed income tax is outside 0 to 100% of pre-tax income (a tax benefit on a profit, a charge on a loss, or a charge above the profit), which is a one-off in the tax line and not a rate operating profit was taxed at, so after-tax operating profit is not computed.

Read quality

Valuation

Price to earnings

35.75x Computed

FY2025 accounts, priced at the latest close

Read valuation

Cash generation

Free cash flow yield

-8.1% Computed

FY2025 accounts, priced at the latest close

Read cash generation

Revenue and net income, as filed

FY2016 Revenue: 997.3M USDFY2016 Net income: 31.4M USDFY2017 Revenue: 942.2M USDFY2017 Net income: 311.6M USDFY2018 Revenue: 838.2M USDFY2018 Net income: -2.7M USDFY2019 Revenue: 648.7M USDFY2019 Net income: -305.9M USDFY2020 Revenue: 365.5M USDFY2020 Net income: -66.3M USDFY2021 Revenue: 178.5M USDFY2021 Net income: 12.1M USDFY2022 Revenue: 153.1M USDFY2022 Net income: -52.8M USDFY2023 Revenue: 145.1M USDFY2023 Net income: -56.1M USDFY2024 Revenue: 160.1M USDFY2024 Net income: -35.4M USDFY2025 Revenue: 171.0M USDFY2025 Net income: 1.9M USD
Revenue Net income10 filed fiscal years, from the annual reports; the table in Filings names each document.
Named tests met
0 of 30 Which tests
The business, and the score behind its five axes

The reading, in brief

Is it cheap

Price to earnings is 35.75x at the close of 2026-10-14 on FY2025 figures; the lines are 15.00x (Graham's defensive ceiling) and, by market convention, 10.00x, 25.00x and 40.00x, and this sits between 25.00x and 40.00x.

Today, against the Real Estate sector (51 companies), 35.75x sits at the 92nd percentile; the middle half of that group runs from 5.17x to 19.83x.

Is it safe

Interest coverage was 0.03x in FY2025, in the band labelled "Distress territory" (below 1.50x), on lines anchored on Damodaran's interest-coverage table.

Year by year against peers
Whether Altisource Portfolio Solutions S.A.'s free cash flow margin stayed above the median of the Real Estate sector, year by year. (FY2016 to FY2025, 10 fiscal years of Altisource Portfolio Solutions S.A. with a comparable figure)
The direction
Which way Altisource Portfolio Solutions S.A.'s gross margin has moved, and how steadily. (FY2016 to FY2025, 10 filed years of Altisource Portfolio Solutions S.A.)
What could explain it
What in Altisource Portfolio Solutions S.A.'s filed statements could explain the movements. (12 readings drawn from the statement lines Altisource Portfolio Solutions S.A. filed)
What to check next
What to check next on Altisource Portfolio Solutions S.A., and where in its filings. (7 questions for Altisource Portfolio Solutions S.A.)
In one paragraph
One paragraph on Altisource Portfolio Solutions S.A.'s returns, cash, balance sheet and price. (12 of sixteen figures read for Altisource Portfolio Solutions S.A.)

These are ASPS’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

Research ASPSPart of Serious. New accounts start with 30 days of Professional, free, no card.

2 of 10

What changed

The newest filing, what it moved, and when the next one is due.

SEC filingCompany statement

The newest accounts on file are the FY2025 annual report: 10-K, filed Mar 4, 2026, accession 0001462418-26-000019.

3 of 10

Quality

The returns the business earns on its capital, and the margins behind them.

SEC filingComputed

Altisource Portfolio Solutions S.A: returns on capital and margins, each with its source
FigureValue, source and document
Return on invested capital, after tax
Why n/a

The filed income tax is outside 0 to 100% of pre-tax income (a tax benefit on a profit, a charge on a loss, or a charge above the profit), which is a one-off in the tax line and not a rate operating profit was taxed at, so after-tax operating profit is not computed.

n/a ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Return on equity
Why n/m

Book equity is zero or negative. Return on equity computed over it flips sign and can read as a strong positive on a loss-making company, so we will not show a number.

n/m ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Return on capital employed, pre-tax0.5% ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Return on assets1.4% ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Gross margin28.6% ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Operating margin0.2% ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Net margin1.1% ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
ASPS 1.1%
XHG -204.9%DOUG 1.5%MLP -54.4%RMR 2.5%REAX -0.7%
-204.9%2.5%
Net margin: ASPS against the 5 companies named under Valuation context, each as filed for its own latest year. Placement only: no average is drawn.

4 of 10

Financial strength

What it owes against what it owns, and whether it can meet what falls due.

SEC filingComputedCompany statement

Altisource Portfolio Solutions S.A: leverage, liquidity and distress, each with its source
FigureValue, source and document
Debt to equity
Why n/m

Filed shareholders equity is zero or below, so debt measured against it is not a measurement (n/m).

n/m ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Current ratio1.15 ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Quick ratio1.15 ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Interest coverage0.03x ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Altman Z-score-2.20 ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Net debt165.6M ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Total assets 139.8MTotal liabilities 249.3MOwnsOwes, and equity
Total assets Total liabilities Shareholders’ equity (zero or below, not drawn)
The balance sheet, line by line

Financial health

What Altisource Portfolio Solutions S.A owned and owed at the end of fiscal 2025, from the balance sheet it filed (10-K, filed Mar 4, 2026, 0001462418-26-000019).

Altisource Portfolio Solutions S.A: balance sheet position
Total assets139.8M FiledFY2025 10-K, filed Mar 4, 2026
Total liabilities249.3M FiledFY2025 10-K, filed Mar 4, 2026
Shareholders' equity-110.2M FiledFY2025 10-K, filed Mar 4, 2026
Cash26.6M FiledFY2025 10-K, filed Mar 4, 2026
Total debt192.2M FiledFY2025 10-K, filed Mar 4, 2026
Net debt165.6M
Current ratio1.15
Debt to equityn/m
  • Debt to equity: FY2025: Filed shareholders equity is zero or below, so debt measured against it is not a measurement (n/m).

Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.

5 of 10

Valuation context

What the market charges for it, against its own record and companies like it.

Market dataSEC filingComputed

Altisource Portfolio Solutions S.A: what the market charges, each with its source
FigureValue, source and document
Price to earnings35.75x ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
P/E on trailing twelve months7.90x ComputedClose of Oct 14, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book
Why n/m

Book equity is zero or negative, so a ratio measured against it (debt to equity, price to book) is not a measurement, and we will not show a number.

n/m ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Price to sales0.37x ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Enterprise value to EBIT549.00x ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Enterprise value to EBITDA245.11x ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Price to earnings over growth
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Diluted earnings per share0.15 USD FiledFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Graham number
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019

We publish no fair value or price target of our own. Value ASPS on your own assumptions in the DCF workbench, starting from the filed figures.

Its own record, and companies like it

Valuation

What the market charges for Altisource Portfolio Solutions S.A today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

Altisource Portfolio Solutions S.A: valuation
Share price5.72 USD
Market capitalisation65.3M USD
Enterprise value to EBITDA245.11x
Graham numbern/a
Diluted earnings per share, FY20250.15 USD

Price to earnings on trailing twelve months, a different basis from the fiscal-year P/E above, since Aug 13, 2021: low 2.18x, median 7.76x, high 47.20x, latest 7.90x. 367 trading days with a meaningful ratio, 930 more on a loss and left out. Each close over the trailing twelve months of earnings as known that day: a quarter counts from the day it was filed.

Companies like Altisource Portfolio Solutions S.A

  1. XChange TEC.INC (XHG)Market cap 95.4M USD
  2. Douglas Elliman Inc. (DOUG)Market cap 130.9M USD
  3. Maui Land & Pineapple Company, Inc. (MLP)Market cap 292.2M USD
  4. The RMR Group Inc. (RMR)Market cap 291.3M USD
  5. The Real Brokerage Inc. (REAX)Market cap 296.4M USD

Same industry (Real Estate - Services) and size band (Micro, 50M to 300M), nearest in market value, net margin and current ratio. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.

6 of 10

Cash generation

Whether profit arrives as cash, and what is paid back to shareholders.

SEC filingComputed

Altisource Portfolio Solutions S.A: cash generation and what is paid out, each with its source
FigureValue, source and document
Free cash flow yield-8.1% ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Free cash flow-5.1M USD ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Free cash flow margin-3.0% ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Dividend yield
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedClose of Oct 14, 2026 · FY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Payout ratio
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
FY2016 Free cash flow: 103.5M USDFY2016 Net income: 31.4M USDFY2017 Free cash flow: 55.6M USDFY2017 Net income: 311.6M USDFY2018 Free cash flow: 64.5M USDFY2018 Net income: -2.7M USDFY2019 Free cash flow: 44.5M USDFY2019 Net income: -305.9M USDFY2020 Free cash flow: -25.1M USDFY2020 Net income: -66.3M USDFY2021 Free cash flow: -61.8M USDFY2021 Net income: 12.1M USDFY2022 Free cash flow: -45.8M USDFY2022 Net income: -52.8M USDFY2023 Free cash flow: -21.8M USDFY2023 Net income: -56.1M USDFY2024 Free cash flow: -5.0M USDFY2024 Net income: -35.4M USDFY2025 Free cash flow: -5.1M USDFY2025 Net income: 1.9M USD
Free cash flow Net incomeProfit that arrives as cash stands level with net income; a gap year after year is worth reading about.

7 of 10

Filings

Every figure, the year it is for and the document it was read from.

SEC filingMarket data

The filed figures

Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.

Altisource Portfolio Solutions S.A.: the eight ratios, with the fiscal year and filing date behind each.
FigureValueYearAs of
35.75xFY2025Oct 14, 2026
n/mFY2025Oct 14, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
549.00xFY2025Oct 14, 2026
-8.1%FY2025Oct 14, 2026
n/aFY2025Mar 4, 2026
n/a The filed income tax is outside 0 to 100% of pre-tax income (a tax benefit on a profit, a charge on a loss, or a charge above the profit), which is a one-off in the tax line and not a rate operating profit was taxed at, so after-tax operating profit is not computed.
n/aFY2025Oct 14, 2026
n/a The filed cash flow statement reports no dividend paid at all. That is not the same as a filed zero, and we will not read it as one.
n/mFY2025Mar 4, 2026
n/m Not meaningful for this company, such as a P/E on negative earnings or a bank's EV/EBIT.
1.15FY2025Mar 4, 2026
0.37xFY2025Oct 14, 2026
n/aFY2025Oct 14, 2026
n/a This figure compares a year against the one before it, and we hold one filed year for this company.
-2.20FY2025Oct 14, 2026
5.00FY2025Mar 4, 2026
4/9FY2025Mar 4, 2026

The figures are computed from the accounts for fiscal 2025, the newest full year on file. 16 filed fiscal years on record, FY2009 to FY2025, from SEC EDGAR. Prices as of Oct 14, 2026. Ratios recomputed Oct 14, 2026. Two facts, because a recompute is not a fresh quote.

The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.

Ten years of filed figures, year by year

Ten years of filed figures

10 filed fiscal years, FY2016 to FY2025, read from the annual reports Altisource Portfolio Solutions S.A filed with the SEC. Each year names its filing. Amounts in USD, as filed.

Altisource Portfolio Solutions S.A: revenue, earnings, free cash flow and returns, by fiscal year, with the filing each year was read from
YearRevenueOperating incomeNet incomeEPS, dilutedFree cash flowOperating marginReturn on equityFiling
FY2025171.0M417.0K1.9M0.15-5.1M0.2%n/m10-K, Mar 4, 20260001462418-26-000019
FY2024160.1M3.2M-35.4M-9.99-5.0M2.0%n/m10-K, Mar 31, 20250001462418-25-000057
FY2023145.1M-16.8M-56.1M-20.08-21.8M-11.6%n/m10-K, Mar 7, 20240001462418-24-000010
FY2022153.1M-33.2M-52.8M-26.56-45.8M-21.7%n/m10-K, Mar 30, 20230001462418-23-000024
FY2021178.5M29.0M12.1M5.92-61.8M16.2%n/m10-K, Mar 3, 20220001462418-22-000007
FY2020365.5M-44.4M-66.3M-34.48-25.1M-12.1%n/m10-K, Mar 11, 20210001462418-21-000008
FY2019648.7M18.1M-305.9M-154.0844.5M2.8%n/m10-K, Mar 5, 20200001462418-20-000016
FY2018838.2M42.5M-2.7M-2.5664.5M5.1%-0.9%10-K, Feb 26, 20190001462418-19-000009
FY2017942.2M49.7M311.6M132.2455.6M5.3%92.0%10-K, Feb 22, 20180001462418-18-000011
FY2016997.3M65.1M31.4M11.68103.5M6.5%51.6%10-K, Feb 16, 20170001462418-17-000006
  • Revenue, compound annual growth FY2016 to FY2025: -17.8%
  • Earnings, compound annual growth FY2016 to FY2025: -26.7%
  • Earnings per share, compound annual growth FY2016 to FY2025: -38.4%
  • Free cash flow: Free cash flow was not positive in both 2016 and 2025, so a compound rate across the window is not defined. Both figures are in the table.

Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.

8 of 10

Risks and guardrails

The accounting screens, the published tests, and the lines you can set to be told.

ComputedCompany statement

Altisource Portfolio Solutions S.A: accounting screens and published tests, each with its source
FigureValue, source and document
Beneish M-score5.00 ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Piotroski F-score4/9 ComputedFY2025 10-K, filed Mar 4, 2026, 0001462418-26-000019
Named tests met0 of 30 Computed
Beta-0.94 ComputedClose of Oct 14, 2026

The named tests

Of 30 tests value investors published: 0 met, 23 not met, 7 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.

Which tests, by name(all 30)
Meets
None of the named tests.
Does not
Defensive investor (Benjamin Graham); Deep value; Large cap, low P/E; Earnings yield and ROIC (Joel Greenblatt); High F-score, low P/B (Joseph Piotroski); Three forensic scores; High returns and growth; Gross margin, turnover (Robert Novy-Marx); EV/EBITDA and coverage; High yield, low payout; Dividends and buybacks; Near the 52-week low; Z-score and coverage (Edward Altman); Two thirds of NCAV (Benjamin Graham); High returns, low debt; Owner earnings yield; High return on tangibles; Low P/S, rising earnings (James O'Shaughnessy); Tangible book or below; Cash-flow yield and ROIC; Clean books, high ROIC; Cheapest quarter on P/E (David Dreman); Low P/E, growth, yield (John Neff)
Not measured
Low PEG, low debt (Peter Lynch); Low beta, profitable; ROIC at or above WACC; P/E times P/B (Benjamin Graham); Book or below, low debt (Walter Schloss); Cash-covered dividend; Cheapest quarter on P/B (David Dreman). A test with a figure we could not read is incomplete, never met and never failed.
Figures we could not read(13)
  • Debt to Equity: Filed shareholders equity is zero or below, so debt measured against it is not a measurement (n/m).
  • P/B Ratio: Book equity is zero or negative, so a ratio measured against it (debt to equity, price to book) is not a measurement, and we will not show a number.
  • Return on Invested Capital: The filed income tax is outside 0 to 100% of pre-tax income (a tax benefit on a profit, a charge on a loss, or a charge above the profit), which is a one-off in the tax line and not a rate operating profit was taxed at, so after-tax operating profit is not computed.
  • PEG Ratio: We do not hold this figure for this company, so there is nothing to show.
  • Eps Growth 5Y: We do not hold this figure for this company, so there is nothing to show.
  • Return on Equity: Book equity is zero or negative. Return on equity computed over it flips sign and can read as a strong positive on a loss-making company, so we will not show a number.
  • Dividend Yield: We do not hold this figure for this company, so there is nothing to show.
  • Payout Ratio: We do not hold this figure for this company, so there is nothing to show.
  • ROIC-WACC Spread: We do not hold this figure for this company, so there is nothing to show.
  • Price To Graham: We do not hold this figure for this company, so there is nothing to show.
  • Dividend Coverage Ratio: We do not hold this figure for this company, so there is nothing to show.
  • Dividend Streak: We do not hold this figure for this company, so there is nothing to show.
  • Price Tangible Book: Book equity is zero or negative, so a ratio measured against it (debt to equity, price to book) is not a measurement, and we will not show a number.

9 of 10

Declared positions

Whether anybody here owns this company.

Positions declared by the founder: no holding in any company shown here, as of October 3, 2026.

10 of 10

Next step

What to do with what you have read.

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

More on this company

What this cannot tell you

  • 13 figures could not be read on this company, among them Debt to Equity, P/B Ratio, Return on Invested Capital. Each blank in the table above names the rest, with its reason. 7 named tests come back incomplete because of them, which is neither met nor missed.

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.

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Analyze your own portfolio

ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Once a week, what changed in the filings of US-listed companies, why it can matter to a thesis, and what deserves a closer review. Grounded in filings, not market noise.

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Risk disclaimer. This service is provided for research and education only. Nothing on it is investment advice, a recommendation, or an offer to buy or sell any security. Capital is at risk, and past performance does not indicate future results. Figures come from filed accounts and may be incomplete, delayed or later restated, so verify a number against the filing before you act on it.