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Company Analysis

Metalpha Technology Holding Lim MATH

A comprehensive view of key metrics, scores, and financial health for Metalpha Technology Holding Lim

Overview of Metalpha Technology Holding Limited

MATH NCM
Financial Services Capital Markets Micro Cap
Metalpha Technology Holding Limited (MATH), is a Micro Cap company, in the Capital Markets industry, last closed at $1.01, about 814.9% undervalued vs fair value, -45.5% 1Y return, ranked 523/1037 in sector.
Metrics P/E 4.1× Rev Growth 165.9% ROE 59.5% Gross Margin 47.8% Div Yield 0.00%
$1.01
6.93%
As of April 28, 2026
Previous close • Vol 90d: 88.8%
52-Week Range
Market Cap
$41.80M
Enterprise Value
$31.78M
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Good
Health
Weak
Efficiency
Weak
Valuation
Weak
Growth
Fair
Profitability
Good
Health
Weak
Efficiency
Weak
Valuation
Weak
Completeness: 82%
Confidence: 55%
Updated: Mar 8
Top Beats

Quick Facts

Website https://www.metalpha.net
HQ Wan Chai
Employees 25
Fiscal year Mar 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$7
$9
$13
Current: $1.01 +815% vs base

Engine Room Money Flow™

Micro Cap

Asset Management & Capital Markets - Where revenue goes and how value is created

Flow Steps
Total Revenue
$44.6M
165.9%%
Operating Income (FRE Proxy)
$18.0M
1248.1%%
EBITDA
$16.1M
549.9%%
Net Income
$15.9M
532%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Asset Management & Capital Markets

Quality & Reliability Indicators

Operating Margin (FRE Proxy)
40.3%
Excellent

Operating Income / Revenue — proxy for Fee-Related Earnings margin

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Owner's Pocket - Capital Allocation

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
3
Active Leaks
0/3
Improving
0
High Impact
1
Critical
Locked Leak
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Locked Leak
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Moat Analysis Asset Management Specialized

Competitive Advantage Assessment

Evaluating Metalpha Technology Holding Lim's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
56
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Fee Revenue Quality

Moderate
53
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Asset Managers, Capital Markets & Exchanges vs Industry Peers 95% Coverage
Trade-Off Triangle Visualization A ternary plot showing MATH's balance between Growth (43.4%), Profitability (38.2%), and Safety (18.5%). Growth 43% Safety 19% Profitability 38%

Click axes to expand details. Marker shows current allocation.

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Growth

95th percentile vs peers
95
Key Signals
Rev Growth YoY 1.66 92p EPS Growth YoY 4.89 96p Revenue CAGR 3Y 6.13 98p
Strengths
  • Growth performance in top 20% of peers (percentile: 95)
  • Rev Growth YoY in top 20% of peers (1.66, 92th percentile)
  • EPS Growth YoY in top 20% of peers (4.89, 96th percentile)
  • Revenue CAGR 3Y in top 20% of peers (6.13, 98th percentile)
Risks

No significant risks identified for this axis.

Profitability

83th percentile vs peers
84
Key Signals
Strengths
Risks
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Safety

40th percentile vs peers
41
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Metalpha Technology Holding Lim.

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$9.24
- - -
+814.9% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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