METALPHA TECHNOLOGY HOLDING (MATH) Fundamental Analysis & Valuation

NASDAQ:MATH • KYG283651076

Current stock price

1.13 USD
-0.08 (-6.61%)
Last:

This MATH fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

4

1. MATH Profitability Analysis

1.1 Basic Checks

  • MATH had positive earnings in the past year.
  • In the past year MATH had a positive cash flow from operations.
  • In the past 5 years MATH reported 4 times negative net income.
  • In the past 5 years MATH reported 4 times negative operating cash flow.
MATH Yearly Net Income VS EBIT VS OCF VS FCFMATH Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10M -10M -20M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 6.44%, MATH is in the better half of the industry, outperforming 75.93% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 43.48%, MATH belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.
  • MATH has a Return On Invested Capital of 37.66%. This is amongst the best in the industry. MATH outperforms 98.15% of its industry peers.
Industry RankSector Rank
ROA 6.44%
ROE 43.48%
ROIC 37.66%
ROA(3y)-10.78%
ROA(5y)-24.92%
ROE(3y)-72.67%
ROE(5y)-77.43%
ROIC(3y)N/A
ROIC(5y)N/A
MATH Yearly ROA, ROE, ROICMATH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 -100 -150 -200

1.3 Margins

  • The Profit Margin of MATH (35.66%) is better than 90.74% of its industry peers.
  • With an excellent Operating Margin value of 39.13%, MATH belongs to the best of the industry, outperforming 90.74% of the companies in the same industry.
  • MATH's Gross Margin of 47.80% is in line compared to the rest of the industry. MATH outperforms 51.85% of its industry peers.
  • In the last couple of years the Gross Margin of MATH has declined.
Industry RankSector Rank
OM 39.13%
PM (TTM) 35.66%
GM 47.8%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-17.22%
GM growth 5YN/A
MATH Yearly Profit, Operating, Gross MarginsMATH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -5K -10K -15K -20K

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5

2. MATH Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MATH is creating value.
  • MATH has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, MATH has more shares outstanding
  • The debt/assets ratio for MATH has been reduced compared to a year ago.
MATH Yearly Shares OutstandingMATH Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M
MATH Yearly Total Debt VS Total AssetsMATH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

2.2 Solvency

  • Based on the Altman-Z score of 0.70, we must say that MATH is in the distress zone and has some risk of bankruptcy.
  • MATH's Altman-Z score of 0.70 is in line compared to the rest of the industry. MATH outperforms 53.70% of its industry peers.
  • The Debt to FCF ratio of MATH is 8.61, which is on the high side as it means it would take MATH, 8.61 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 8.61, MATH is doing good in the industry, outperforming 64.81% of the companies in the same industry.
  • MATH has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
  • MATH has a Debt to Equity ratio of 0.00. This is amongst the best in the industry. MATH outperforms 94.44% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 8.61
Altman-Z 0.7
ROIC/WACC4.27
WACC8.81%
MATH Yearly LT Debt VS Equity VS FCFMATH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10M -10M 20M 30M

2.3 Liquidity

  • A Current Ratio of 1.17 indicates that MATH should not have too much problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 1.17, MATH is in line with its industry, outperforming 48.15% of the companies in the same industry.
  • MATH has a Quick Ratio of 1.17. This is a normal value and indicates that MATH is financially healthy and should not expect problems in meeting its short term obligations.
  • The Quick ratio of MATH (1.17) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.17
Quick Ratio 1.17
MATH Yearly Current Assets VS Current LiabilitesMATH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M

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4

3. MATH Growth Analysis

3.1 Past

  • MATH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 457.17%, which is quite impressive.
  • The Revenue has grown by 165.86% in the past year. This is a very strong growth!
  • MATH shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 436.79% yearly.
EPS 1Y (TTM)457.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5046.94%
Revenue 1Y (TTM)165.86%
Revenue growth 3Y174.28%
Revenue growth 5Y436.79%
Sales Q2Q%112.76%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
MATH Yearly Revenue VS EstimatesMATH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M

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4

4. MATH Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 2.76, which indicates a rather cheap valuation of MATH.
  • Based on the Price/Earnings ratio, MATH is valued cheaply inside the industry as 87.04% of the companies are valued more expensively.
  • MATH is valuated cheaply when we compare the Price/Earnings ratio to 24.88, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 2.76
Fwd PE N/A
MATH Price Earnings VS Forward Price EarningsMATH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0

4.2 Price Multiples

  • 92.59% of the companies in the same industry are more expensive than MATH, based on the Enterprise Value to EBITDA ratio.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as MATH.
Industry RankSector Rank
P/FCF 1876.62
EV/EBITDA 0.69
MATH Per share dataMATH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.2 0.4 0.6 0.8 1

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. MATH Dividend Analysis

5.1 Amount

  • No dividends for MATH!.
Industry RankSector Rank
Dividend Yield 0%

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MATH Fundamentals: All Metrics, Ratios and Statistics

METALPHA TECHNOLOGY HOLDING

NASDAQ:MATH (3/27/2026, 8:00:00 PM)

1.13

-0.08 (-6.61%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)02-11
Earnings (Next)N/A
Inst Owners2.52%
Inst Owner ChangeN/A
Ins Owners7.35%
Ins Owner ChangeN/A
Market Cap46.35M
Revenue(TTM)44.57M
Net Income(TTM)15.89M
AnalystsN/A
Price TargetN/A
Short Float %0.14%
Short Ratio0.63
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE 2.76
Fwd PE N/A
P/S 1.04
P/FCF 1876.62
P/OCF 643.79
P/B 1.27
P/tB 1.27
EV/EBITDA 0.69
EPS(TTM)0.41
EY36.28%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0
FCFY0.05%
OCF(TTM)0
OCFY0.16%
SpS1.09
BVpS0.89
TBVpS0.89
PEG (NY)N/A
PEG (5Y)N/A
Graham Number2.87
Profitability
Industry RankSector Rank
ROA 6.44%
ROE 43.48%
ROCE 47.67%
ROIC 37.66%
ROICexc 86.75%
ROICexgc 86.75%
OM 39.13%
PM (TTM) 35.66%
GM 47.8%
FCFM 0.06%
ROA(3y)-10.78%
ROA(5y)-24.92%
ROE(3y)-72.67%
ROE(5y)-77.43%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-17.22%
GM growth 5YN/A
F-Score6
Asset Turnover0.18
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 8.61
Debt/EBITDA 0
Cap/Depr 29.22%
Cap/Sales 0.11%
Interest Coverage 250
Cash Conversion 0.41%
Profit Quality 0.16%
Current Ratio 1.17
Quick Ratio 1.17
Altman-Z 0.7
F-Score6
WACC8.81%
ROIC/WACC4.27
Cap/Depr(3y)11.3%
Cap/Depr(5y)103.45%
Cap/Sales(3y)0.06%
Cap/Sales(5y)2.72%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)457.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%5046.94%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)165.86%
Revenue growth 3Y174.28%
Revenue growth 5Y436.79%
Sales Q2Q%112.76%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1208.95%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y100.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y100.62%
OCF growth 3YN/A
OCF growth 5YN/A

METALPHA TECHNOLOGY HOLDING / MATH Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for METALPHA TECHNOLOGY HOLDING?

ChartMill assigns a fundamental rating of 4 / 10 to MATH.


Can you provide the valuation status for METALPHA TECHNOLOGY HOLDING?

ChartMill assigns a valuation rating of 4 / 10 to METALPHA TECHNOLOGY HOLDING (MATH). This can be considered as Fairly Valued.


What is the profitability of MATH stock?

METALPHA TECHNOLOGY HOLDING (MATH) has a profitability rating of 4 / 10.


How financially healthy is METALPHA TECHNOLOGY HOLDING?

The financial health rating of METALPHA TECHNOLOGY HOLDING (MATH) is 5 / 10.