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v0.1
ALTR.LS$4.90-1.11%
Fair $4.90+0.0%

ALTR.LS

Altri, SGPS, S.A.

Basic Materials / Paper & Paper ProductsLisbon

$4.90

-0.05 (-1.11%)

Fairly Valued+0.0%Fair Value $4.90Fund rank 27/100 · Data gapFallback financials|
SA 24/D
F-Score: 1/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 32% · confianza 24%

FCF escenarios

weak_data · normalized FCF $43.8M · quality 42.0/100

Data gap 27/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 43/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

24/100

D

Piotroski

1/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists.
Thesis & Journal · ALTR.LSLocal privado en este navegador · Altri, SGPS, S.A.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$1.0B

P/E

49.0x

↑

EV/EBITDA

15.8x

↑

ROE

5.1%

↑

Gross Margin

48.8%

↑

Debt/Equity

1.56

↑
52-Week Range$5
$4$5

TradingView lightweight chart

ALTR.LS price, volumen y niveles de valoración

Último $4.900Periodo +8.0%
Fair value: $4.900

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-13.7%

FCF CAGR

-71.7%

FCF margin

0.4%

FCF / Net income

0.14x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $676.3M · net income $21.4M · FCF $3.0M

2022-FY → 2025-FY

Gross margin

48.8%-9.5% pts

Operating margin

5.2%-18.7% pts

Net margin

3.2%-11.3% pts

FCF margin

0.4%-12.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$676.3M$676.3M$837.9M$752.4M$1.05B
Net Income$21.4M$21.4M$107.2M$42.8M$152.5M
EBITDA$91.5M$91.5M$227.5M$143.1M$284.0M
EPS0.100.100.520.212.08
Gross Margin48.8%48.8%56.7%43.2%58.2%
Operating Margin5.2%5.2%19.2%7.3%23.8%
Net Margin3.2%3.2%12.8%5.7%14.5%
Balance Sheet
Debt/Equity1.561.561.281.711.06
Current Ratio1.571.57———
Cash Flow
Free Cash Flow$3.0M$3.0M$230.7M$43.8M$131.5M
Returns
ROE5.1%5.1%23.6%10.5%25.1%
Valuation
P/E49.0049.0010.4722.142.05
EV/EBITDA15.8115.816.269.724.53
P/B2.402.402.472.331.44
Growth & Yield
Revenue Growth-19.3%-19.3%11.4%-28.5%—
EPS Growth-80.9%-80.9%150.5%-90.0%—
Dividend Yield5.1%5.1%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

63.2%

muy exigente

EPS terminal req.

$0.43

Spread vs growth

-144.1%

5Y implied EPS CAGR

39.4%

muy exigente

EPS terminal req.

$0.53

Spread vs growth

-120.2%

10Y implied EPS CAGR

23.8%

exigente

EPS terminal req.

$0.85

Spread vs growth

-104.7%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -2.0%

Total return

-2.0%

Start / end P/E

10.1x → 49.0x

EPS bridge

0.52 → 0.10

Residual

-312.1%

EPS growth-80.9%
Multiple rerating+385.9%
Dividend+5.1%
Residual / FX / buybacks / cross-term-312.1%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.