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Upturn AI Summary - About
Patria Investments Ltd(PAX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for PAX
09/25/2026: PAX (1-star) is currently NOT-A-BUY. Pass it for now.
Patria Investments is a prominent alternative asset manager specializing in private equity, infrastructure, credit, and real estate, primarily within Latin America. The firm benefits from deep local relationships and a robust model that produces stable fee-based earnings, making it an attractive option for those seeking emerging market exposure with dividend potential. While its ability to scale across products remains a key growth story, investors must weigh this against inherent regional political, currency, and economic risks. The firm is well-positioned, though its performance remains sensitive to regional volatility and global interest rate trends. Investors should monitor AUM growth and the success of newer credit and real estate 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 style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company is actively expanding its AUM and platform diversity across Latin America. |
| Momentum investor | Mixed fit | Price performance is highly sensitive to regional macroeconomic trends and global interest rate signals. |
| Value investor | Mixed fit | The valuation often reflects emerging market risk, which may present opportunities or traps depending on regional stability. |
| Dividend investor | Strong fit | Patria offers a consistent dividend policy linked to its distributable earnings. |
| Low-risk investor | Weak fit | Exposure to Latin American economic and political volatility makes this a higher-risk investment. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Regional economic and political news often drives significant swings in equity price. |
| Valuation risk | Medium / high | Asset management valuations depend heavily on AUM growth projections. |
| Competition risk (Global Alternative Managers) | Medium / high | Increased entry by global firms can compress management fees. |
| Business quality | Strong | The firm operates an established, scalable model with a long history of institutional trust. |
| Dividend income | Medium | Dividends are variable based on performance fees and investment realizations. |
| Execution risk | Medium | Success relies on the team's ability to successfully deploy capital and exit investments. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -19.64% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.65B USD | Price to earnings Ratio 22.76 | 1Y Target Price 15.17 |
Price to earnings Ratio 22.76 | 1Y Target Price 15.17 | ||
Volume (30-day avg) 1.1M shares | Beta 0.76 | 52 Weeks Range 9.90 - 17.11 | Updated Date 09/27/2026 |
52 Weeks Range 9.90 - 17.11 | Updated Date 09/27/2026 | ||
Dividends yield (FY) 6.04% | Basic EPS (TTM) 0.45 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Management Fees | Recurring fees based on AUM across private equity, infrastructure, credit, and real estate. | This is the steady, predictable backbone of their income. |
| Performance Fees | Carried interest earned when investment funds exceed defined return hurdles. | This is variable income that reflects successful investment outcomes. |
| Geography: Latin America | Focus on Brazil, Chile, Colombia, and other regional markets. | Performance is highly tied to the regional economic health of these countries. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 22.76 | Forward PE 8.14 | Enterprise Value 1.84B | Price to Sales(TTM) 3.86 |
Enterprise Value 1.84B | Price to Sales(TTM) 3.86 | ||
Enterprise Value to Revenue 4.61 | Enterprise Value to EBITDA 12.51 | Shares Outstanding 68.45M | Shares Floating 60.80M |
Shares Outstanding 68.45M | Shares Floating 60.80M | ||
Percent Insiders 5.68 | Percent Institutions 63.32 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
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)
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)
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)
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)
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)
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)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
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)
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)
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)
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)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
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)
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)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Patria Investments Ltd
Exchange NASDAQ | Headquarters Sausalito, CA, United States | ||
IPO Launch date 2021-01-22 | Co-Founder, CEO, Senior Managing Partner & Board Member Mr. Alexandre Teixeira de Assumpcao Saigh | ||
Sector Financial Services | Industry Asset Management | Full time employees 548 | Website https://www.patria.com |
Full time employees 548 | Website https://www.patria.com | ||
Patria Investments Limited operates as a private market investment firm. It specializes in investments in private equity, secondary direct and indirect and venture capital with focus in middle market, buyout and growth capital investments. It seeks to be sector agnostic with focus on agribusiness, power & energy, healthcare, logistics & transportations, food & beverage, agricultural products, packaged foods and meats, education services, outsourced business services, and digital & tech services. It prefers to invest globally with focus on Latin America, Europe, United States, North America and Brazil. It seeks to invest between $38.48 million and $72.14 million per transaction. The firm seeks a majority or minority stake in its portfolio companies. The company offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds, and real estate and credit funds. The firm seeks to co-invest with other investors. Patria Investments Limited was founded in 1994 and is headquartered in Grand Cayman, Cayman Islands with additional offices across South America, North America, Europe and Asia. Patria Investments Limited operates as a subsidiary of Patria Holdings Limited.
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