Altisource Portfolio Solutions S.A. (ASPS) Company Bio
Altisource Portfolio Solutions operates as a marketplace and transaction solutions provider for the real estate, mortgage, and consumer debt industries in the United States. The company was founded in 1999 and is based in Luxembourg.
ASPS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Altisource Portfolio Solutions SA. To summarize, we found that Altisource Portfolio Solutions SA ranked in the 26th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Altisource Portfolio Solutions SA ended up being:
The company's balance sheet shows it gets 45% of its capital from equity, and 55% of its capital from debt. Notably, its equity weight is greater than only 24.74% of US equities in the Financial Services sector yielding a positive free cash flow.
The company's compound free cash flow growth rate over the past 5.76 years comes in at -0.2%; that's greater than only 9.47% of US stocks we're applying DCF forecasting to.
Altisource Portfolio Solutions SA's effective tax rate, as measured by taxes paid relative to net income, is at 93 -- greater than 96.82% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Altisource Portfolio Solutions SA? See FDS, MA, MCO, ARGO, and WTRE.
The previously announced date and time of the meeting (May 19, 2020, at 9:00 a.m. Central European Time), and the business items to be considered at the meeting, remain the same. The virtual meeting will be conducted via live webcast at https://web.lumiagm.com/m#/157819148 commencing at 9:00 a.m. Central European Time on Tuesday, May 19, 2020. Shareholders of record are those shareholders holding their shares through an account with our transfer agent, American Stock Transfer & Trust Company, LLC. Shareholders of record may use the 16 digit control number found on their proxy cards to enter the virtual meeting.
Joining me for today's call is Bill Shepro, our Chairman and Chief Executive Officer. The roughly $90 million of Ocwen-related revenues, how did that compare to kind of your forecast or kind of internal budget?