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Altamir SCA, formerly known as Altamir Amboise, (LTA) Fair Value & Analysis

Financial Services · FR · Market cap €857M

AS Altamir SCA, formerly known as Altamir Amboise, LTA · PA
Price€23.70
Fair Value€18.17
Upside-23.3%
Quality57/100
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Weak Growth
Thin margins · 0.0% net margin
generates free cash flow
Trails peers (2/10)
Narrow moat 39/100
Evidence: Low Range €9.21 – €27.24 Share as image

Fair value as of: Jul 19, 2026

From 2 valuation models · updated 21 days ago

Share price −2.1% over the past month.

A solid business, but screening 23% overvalued on our models.

What matters now

  • The model range is unusually wide (€9.21 to €27.24). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

€30.65 €19.18 Fair Value €18.17 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range €19.18 – €30.65 · fair‑value band €9.21 – €27.24 · the €23.70 price screens above the €18.17 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

Full chart & analysis →

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Analysis

Altamir SCA, formerly known as Altamir Amboise, (LTA) currently trades at €23.70, while our model-based Fair Value estimate is €18.17, implying the stock looks roughly 23.3% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Revenue declined 32.1% year over year. It earns a return on equity of -5.0%. The balance sheet holds a net cash position of €4.9M. Fundamentals as of Jul 19, 2026

Our scenario range runs from €9.21 (bear case) to €27.24 (bull case); at €23.70, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 23% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at -23%, LTA screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
P/B Multiple €20.62 €27.49 €34.37 55
NCAV (Graham) €16.17 €21.67 €32.34 50
All 2 models by family
Multiples
P/B Multiple €20.62 €27.49 €34.37 55
Asset-Based
NCAV (Graham) €16.17 €21.67 €32.34 50

Widest divergence: Multiples (€27.49) versus Asset-Based (€21.67). Highest evidence: P/B Multiple (55).

Key figures & financial health

Revenue (TTM) −€62.5M
Revenue growth (YoY) -32.1%
Return on equity -5.0%
Free cash flow €7.3M FY2025
Operating margin 112%
EPS (TTM) €-1.68
More key figures
EPS growth (YoY) +55.9%
Net cash €4.9M FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 52 · Market factors (momentum, volatility) 44

Profitability 20
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 93
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 16
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Altamir SCA, formerly known as Altamir Amboise, is a private equity investment arm of Amboise SAS, specializing in both direct and fund of fund investments, small and mid-cap companies. In direct investing, the firm specializes in middle market, buyout and growth capital investments.

Full company description

Altamir SCA, formerly known as Altamir Amboise, is a private equity investment arm of Amboise SAS, specializing in both direct and fund of fund investments, small and mid-cap companies. In direct investing, the firm specializes in middle market, buyout and growth capital investments. The firm prefers to invest in high-growth companies, diversified by size and geography. The firm prefers to invest in under-developed divisions of larger corporations. It prefers to invest in private equity funds specializing in growth capital and leverage buyouts investments from Europe, United States and Canada. The firm typically invests in the following sectors like commercial services and supplies, industrial, technology, telco, healthcare services, commercial, professional services, consumer durables and apparel, TMT, digital companies, consumer services, education services, hotel, restaurants, leisure, retail and distribution. It also invests in retail and consumer, business and financial services. In financial services firm seeks to invest in specialized finance, multi-sector holding, diversified financial services. In healthcare, it seeks to focus on companies with strong growth potential in areas such as health services (hospitalization structures, home health care and medical analysis); medical devices; in niche pharmaceutical laboratories; and companies in related activities such as dermo-cosmetics, galenic development, and services and databases for health organizations. The firm seeks to invest in unlisted companies based in Europe, with a particular focus on Belgium, France, Luxembourg, Switzerland, Monaco, Italy, Netherlands, Germany and French-speaking Europe; United States and Canada and in larger emerging markets such as China, India and Brazil. In small and mid-cap companies firm prefers to invest in Continental Europe with a focus in France, Italy and Benelux, & larger size companies in Europe, North America and emerging countries like China, India and Brazil. In small and mid-cap size companies it prefers to inv

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Altamir SCA, formerly known as Altamir Amboise, reported revenue of −€71.5M in FY2025 versus €319M in FY2021. Reported net income was −€61.5M in FY2025.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
€72.7M
Latest YoY
+2,138.1%
Avg. growth/yr (3Y)
−38.9%
Avg. growth/yr (5Y)
−25.2%
Avg. growth/yr (17Y)
−1.3%
Revenue
FY21 €319M
FY22 −€19.8M
FY23 €3.2M
FY24 €72.7M
FY25 −€71.5M
Net income
FY21 €292M
FY22 −€26.9M
FY23 €28.3M
FY24 €18.8M
FY25 −€61.5M

LTA screens 23% overvalued. Compare with Fondul Proprietatea SA →

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Cite: Fair Value Calculator (2026). "Altamir SCA, formerly known as Altamir Amboise, Fair Value". https://www.fairvalue-calculator.com/stock/LTA

Peer Group

Asset Management · 973 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 56 · Below median
Fair Value upside −23% · Below median
Return on assets -4% · Bottom 25%
Net margin (TTM) 0% · Below median
Operating margin (TTM) 112% · Top 25%
Revenue growth -32% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Asset Management median · lower = cheaper

P/B 0.84× · Cheaper than median
P/FCF 135.5× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 2 · sector 37
FUTURE 0 · sector 6
PAST 0 · sector 26
HEALTH 0 · sector 95
DIVIDEND 0 · sector 69

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $0.0420 $0.0800 +90%
BlackRock, Inc BLK $1,136 $465.75 -59%
Blackstone Inc BX $124.56 $16.35 -87%
Investor AB INVEB kr 423.70 kr 847.40 +100%
Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%

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Frequently asked questions

Is Altamir SCA, formerly known as Altamir Amboise, (LTA) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of €18.17 versus a price of €23.70, about −23% (overvalued).
What is the fair value of LTA?
Our model-based fair value for Altamir SCA, formerly known as Altamir Amboise, is €18.17 (as of Jul 19, 2026), built from audited fundamentals. The current price is €23.70.
What is the quality score of LTA?
Altamir SCA, formerly known as Altamir Amboise, has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of LTA?
The net profit margin of Altamir SCA, formerly known as Altamir Amboise, is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

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.

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