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Altisource Portfolio Solutions SA(ASPS)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$5.73
09/18/2026
(24-hour delay)

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*as per simulation (see disclosures)
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Upturn Advisory & Investor View for ASPS

09/18/2026: ASPS (1-star) is currently NOT-A-BUY. Pass it for now.

Altisource Portfolio Solutions SA is a provider of technology-enabled services for the real estate and mortgage industry, including default management and online auction platforms. The company has a established niche in handling complex mortgage workflows, though it faces significant competitive pressure from larger, better-capitalized technology firms. Its primary investment story hinges on successfully pivoting toward recurring software revenue while managing a debt-heavy balance sheet. Investors should note the company's high sensitivity to housing market cycles and the lack of a dividend. This stock is best suited for experienced investors willing to monitor ongoing restructuring efforts and the competitive performance of its Hubzu and Equator platforms.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitThe company has faced years of stagnant or declining growth and is currently in a restructuring phase.
Momentum investorWeak fitThe stock lacks the consistent upward trend required for momentum strategies.
Value investorMixed fitWhile valuations may appear low, the company's fundamental business stability remains a significant concern.
Dividend investorWeak fitThe company does not pay a dividend and focuses on capital preservation.
Low-risk investorWeak fitThe high volatility and business uncertainty make this a poor fit for risk-averse investors.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock experiences significant price swings due to its low market capitalization and sensitivity to industry news.
Valuation riskMediumDetermining an appropriate valuation is difficult given the unpredictable nature of future cash flows.
Competition risk (Fintech/Tech platforms)HighLarger, better-capitalized technology competitors continue to innovate and threaten the relevance of legacy service platforms.
Business qualityMediumThe company has struggled to maintain consistent profitability and operational scale.
Dividend incomeLow / noneThere is no dividend income to provide a buffer for long-term investors.
Execution riskHighManagement must successfully navigate ongoing restructuring and debt management to remain a viable competitor.

Price Behavior

Downtrend
PRICE PATH

Downtrend

The stock has experienced a sustained decline in price over recent periods.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit -60.32%
Avg. Invested days 16
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/18/2026

Upturn Scorecard

Upturn Star Rating

ASPS receives a 3-star rating, supported by solid company fundamentals. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

ASPS has solid overall fundamentals (4 stars), with moderate financial health, solid growth momentum, and strong ownership. In FY2025 versus FY2024, strong earnings growth (+104.5%) is partially offset by soft cash generation (FCF margin -3.0%), moderate revenue growth (+6.8%), soft profitability (net margin 0.9%).

Financial Health Rating

ASPS's financial health is supported by moderate efficiency, including operating-expense and cost-of-revenue discipline (opex 24.0% of revenue). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

Earnings growth is ASPS's strongest growth driver at +104.5% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (+6.8%, moderate) and free-cash-flow growth (-2.1%, slightly negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 87.1% and approximately 60.5% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 11.73% supports management-shareholder alignment.

Top 5 Institutional Investors

UBS Asset Mgmt Americas Inc 21.59%
Deer Park Road Corporation 13.01%
Arnhold & S. Bleichroeder Advisers, LLC 7.63%
Vanguard Capital Management, LLC 2.91%
BlackRock Inc 1.24%

Unit Economics (Per $1K Revenue)

ASPS generates approximately $286 of gross profit, $46 of operating income, and $-30 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: 113.63%

Quantitative Style Profile

ASPS has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Low VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 64.41M USD
Price to earnings Ratio -
1Y Target Price 8
Price to earnings Ratio -
1Y Target Price 8
Volume (30-day avg) 10.2K shares
Beta 0.24
52 Weeks Range 4.30 - 14.36
Updated Date 09/18/2026
52 Weeks Range 4.30 - 14.36
Updated Date 09/18/2026
Dividends yield (FY) -
Basic EPS (TTM) -1.17

How Company Makes Money

Business areaWhat it includesRetail investor read
Service SolutionsDefault management and property valuation services.This is a services-heavy business that relies on housing market activity and default rates.
Technology SolutionsSoftware platforms like Hubzu and RentRange.This is the company's attempt to build a recurring, software-as-a-service (SaaS) revenue stream.
GeographyOperations in the U.S. and India.The company uses offshore operational centers to manage costs.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 11.03
Enterprise Value 228.02M
Price to Sales(TTM) 0.35
Enterprise Value 228.02M
Price to Sales(TTM) 0.35
Enterprise Value to Revenue 1.25
Enterprise Value to EBITDA 34.37
Shares Outstanding 11.42M
Shares Floating 6.91M
Shares Outstanding 11.42M
Shares Floating 6.91M
Percent Insiders 11.73
Percent Institutions 87.13

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Altisource Portfolio Solutions SA

Exchange NASDAQ
Headquarters -
IPO Launch date 2009-08-06
Chairman & CEO Mr. William B. Shepro J.D.
Sector Real Estate
Industry Real Estate Services
Full time employees 1236
Full time employees 1236

Altisource Portfolio Solutions S.A. operates as an integrated service provider and marketplace for the real estate and mortgage industries in the United States. It operates through Servicer and Real Estate, and Origination segments. The Servicer and Real Estate segment offers property preservation and inspection, title insurance agency and settlement, real estate valuation, foreclosure trustee, residential and commercial construction inspection, risk mitigation, and residential real estate renovation services. This segment also provides Hubzu, an online real estate auction platform, as well as real estate brokerage and asset management services; Equator, a software-as-a-service technology to manage real estate owned and investor homes, short sales, foreclosure, bankruptcy, and eviction processes; Vendorly Invoice, a vendor invoicing and payment system; RentRange, a single and multi-family rental data, analytics, and rent-based valuation solution; REALSynergy, a commercial loan servicing platform. The Origination segment offers loan fulfillment, insurance, and management services. This segment also provides Vendorly Monitor, a vendor management platform; Lendors One Loan Automation, a marketplace to order services and a tool to automate components of the loan manufacturing process; and TrelixAI, a technology to manage the workflow and automate components of the loan fulfillment, and pre and post close quality control. It serves financial institutions, government-sponsored enterprises, banks, asset managers, servicers, real estate and mortgage investors, property management firms, real estate brokerages, insurance companies, mortgage bankers, originators, and correspondent and private money lenders. The company was incorporated in 1999 and is headquartered in Luxembourg, Luxembourg.