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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 Framework: Asset Management & Capital Markets Micro Cap
Metalpha Technology Holding Limited (MATH), is a Micro Cap company, in the Capital Markets industry, last closed at $0.97, about 56.7% overvalued vs fair value, -68.9% 1Y return, ranked 636/1078 in sector.
Metrics P/E 57.9× Rev Growth -16.7% ROE 2.9% Gross Margin 41.4%
USD 0.97
-3.00%
(Delayed)
• Vol 90d: 76.6%
52-Week Range
Market Cap
$46.12M
Enterprise Value
$42.18M
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Fair
Health
Fair
Efficiency
Weak
Valuation
Fair
Growth
Fair
Profitability
Fair
Health
Fair
Efficiency
Weak
Valuation
Fair
Completeness: 76%
Confidence: 86%
Updated: Oct 25
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
$0
$0
$1
Current: $0.97 -57% vs base

Engine Room Money Flow™

Micro Cap

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

Flow Steps
Total Revenue
$37.1M
-16.7%%
Operating Income (FRE Proxy)
$1.4M
-92.2%%
EBITDA
$1.8M
-88.6%%
Net Income
$1.3M
-91.9%%
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)
3.6%
Poor

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

Locked Metric
-
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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.
2
Active Leaks
0/2
Improving
0
High Impact
2
Critical
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
36
/100
Developing
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Conservative Leverage Leverage is conservative vs peers (score 0.88).
  • Improving Margin Trajectory Margin trajectory is improving (trend score 1.00).

Key risks

  • AUM Retention Risk Revenue stickiness is low (stability score 0.06).
  • Below-Peer Return on Equity Return on equity lags peers (score 0.38).

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Fee Revenue Quality

Developing
27
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Signals, strengths and risks for Fee Revenue Quality

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Signals, strengths and risks for Client Retention & Revenue Stickiness

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Signals, strengths and risks for Compensation Discipline

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Signals, strengths and risks for Capital Efficiency

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Signals, strengths and risks for Earnings Quality & Cash Conversion

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Signals, strengths and risks for Balance Sheet Strength

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 (28.4%), Profitability (18.0%), and Safety (53.6%). Growth 28% Safety 54% Profitability 18%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

40th percentile vs peers
40
Key Signals
Revenue CAGR 3Y 86.9% 95p Rev Growth YoY -16.7% 30p EPS Growth YoY -92.8% 14p
Strengths
  • Revenue CAGR 3Y in top 20% of peers (86.9%, 95th percentile)
  • Interest Coverage Ratio in top 20% of peers (89.45, 92th percentile)
  • D/E Ratio in top 20% of peers (1.0%, 89th percentile)
  • Debt/Assets in top 20% of peers (0.1%, 97th percentile)
Risks
  • EPS Growth YoY in bottom 20% of peers (-92.8%)

Profitability

25th percentile vs peers
25
Key Signals
Strengths
Risks
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Safety

75th percentile vs peers
76
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
$0.42
- - -
-56.7% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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