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Alterity Therapeutics Limited (ATH) Fair Value & Analysis

Healthcare · AU · Market cap A$2.0M

AT Alterity Therapeutics Limited ATH · AU
PriceA$0.5600
Fair ValueA$0.8800
Upside+57.1%
Quality95/100
Evidence: Low Range A$0.6600 – A$1.10

Fair value as of: Jun 24, 2026

From 2 valuation models · updated 5 days ago

Share price +24.4% over the past month.

Price vs Fair Value (12 months)

A$0.8000 A$0.3500 Fair Value A$0.8800 Jun 2025 Jun 2026

12‑month range A$0.3500 – A$0.8000 · fair‑value band A$0.6600 – A$1.10 · the A$0.5600 price screens below the A$0.8800 fair value. As of Jun 24, 2026.

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Analysis

Alterity Therapeutics Limited (ATH) currently trades at A$0.5600, while our model-based Fair Value estimate is A$0.8800 — implying the stock looks roughly 57.1% undervalued today. We read business quality at 95/100 (high quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Trailing-twelve-month revenue stands at A$6.6M. Revenue grew 74.6% year over year. It earns a return on equity of -47.0%. The balance sheet holds a net cash position of A$33.0M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) A$6.6M
Revenue growth (YoY) +74.6%
Net margin -220%
Return on equity -47.0%
Free cash flow −A$11.5M FY2025
Operating margin -373%
More key figures
EPS (TTM) A$-0.0500
Net cash A$33.0M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Alterity Therapeutics Limited is engages in research and development of Parkinsonian and neurodegenerative disorders, including Multiple System Atrophy (MSA) and Parkinson's disease. The company's lead drug candidate is ATH434, a small molecule drug candidate that has completed Phase II clinical trial for the treatment of Parkinson's disease. It is also developing ATH434-201, which is in Phase II clinical trial to treat multiple system atrophy early stage; and ATH434-202 that is in Phase II clinical trial to treat multiple system atrophy, as well as biomarkers of progression in multiple system atrophy. The company also operates drug discovery platform that generates patentable chemical compounds to treat the underlying pathology of neurological diseases. The company was formerly known as Prana Biotechnology Limited and changed its name to Alterity Therapeutics Limited in April 2019. Alterity Therapeutics Limited was incorporated in 1997 and is based in Melbourne, Australia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alterity Therapeutics Limited reported revenue of A$5.4M in FY2025 versus A$4.3M in FY2021, a compound +5.8%/yr. Reported net income was −A$12.1M in FY2025.

Revenue +5.8%/yr
FY21 A$4.3M
FY22 A$5.1M
FY23 A$3.9M
FY24 A$4.0M
FY25 A$5.4M
Net income
FY21 −A$15.3M
FY22 −A$12.8M
FY23 −A$13.8M
FY24 −A$19.1M
FY25 −A$12.1M

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Frequently asked questions

Is Alterity Therapeutics Limited (ATH) undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$0.8800 versus a price of A$0.5600 — about +57% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ATH?
Our 21-model fair value for Alterity Therapeutics Limited is A$0.8800 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$0.5600.
What is the quality score of ATH?
Alterity Therapeutics Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Alterity Therapeutics Limited (ATH)?
Alterity Therapeutics Limited reported trailing-twelve-month revenue of about A$6.6M (latest available figure, as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.