ALTAMIR (LTA) AI Stock Analysis

ALTAMIR

(Paris:LTA)

Select Model

Rating:51Neutral

Price Target:EUR 23.00▼(-2.13% Downside)

Action:reiterated

Date:08/04/26

The score is held back primarily by unstable profitability and inconsistent cash generation, including a major 2025 earnings reversal. Technicals also point to a weak trend with the price below key moving averages. Offsetting factors are a strong balance sheet (low leverage/zero debt) and a relatively high dividend yield, which provide some support despite the earnings weakness.

Positive Factors

Strong balance sheet and low leverageA large equity base and the move to zero reported debt in 2025 provide durable financial flexibility. This reduces refinancing and solvency risk, supports capital deployment or buybacks, and cushions NAV volatility from private equity mark-to-market swings over multiple quarters.

Negative Factors

Inconsistent and weak cash generationVolatile and frequently negative cash conversion reduces predictability of distributions and limits reinvestment capacity. Such instability makes it hard to rely on internal cash for dividends or new investments, increasing dependence on asset sales or external funding.

ALTAMIR (LTA) vs. iShares MSCI France ETF (EWQ)

Market Cap: EUR 850.12M
Dividend Yield: 4.65%
Average Volume (3M): 660
Price to Earnings (P/E): 54.3
Beta (1Y): 0.03
Revenue Growth: ―
EPS Growth: ―
Country: France
Employees: 0
Sector: General
Sector Strength: 55
Industry: Asset Management

ALTAMIR Business Overview & Revenue Model

Company Description

Altamir SCA, previously known as Altamir Amboise, is a Paris-based private equity firm established in 1995. The company employs a dual investment strategy, engaging in both direct investments and fund-of-funds, primarily targeting small and mid-cap c...

How the Company Makes Money

Altamir makes money primarily from returns generated on its private equity investments. Its key economic drivers are: (1) capital gains realized when portfolio companies are sold or taken public, which crystallize value created through operational im...

ALTAMIR Financial Statement Overview

Summary

Financials are mixed: the balance sheet is strong (large equity base and low leverage, with zero debt in 2025), but earnings and cash flow are highly unstable. 2025 showed a sharp reversal into a large net loss and negative revenue, and cash flow durability is uncertain after a steep free cash flow drop from 2024 to 2025.

Income Statement

27Negative

Balance Sheet

78Positive

Cash Flow

34Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	93.70K	-71.47M	72.70M	3.25M	52.52M	104.66M
Gross Profit	-11.74M	-74.02M	30.20M	32.56M	39.91M	93.63M
EBITDA	18.28M	-61.45M	39.10M	34.77M	-19.15M	311.88M
Net Income	15.21M	-61.45M	18.80M	28.25M	-26.95M	291.95M
Balance Sheet
Total Assets	1.35B	1.28B	1.68B	1.41B	1.42B	1.45B
Cash, Cash Equivalents and Short-Term Investments	16.55M	4.92M	35.20M	21.60M	146.39M	188.89M
Total Debt	88.40M	72.45M	238.50M	59.01M	57.82M	26.01M
Total Liabilities	112.03M	96.85M	397.50M	112.71M	103.19M	69.09M
Stockholders Equity	1.24B	1.18B	1.28B	1.30B	1.31B	1.38B
Cash Flow
Free Cash Flow	-42.98M	7.31M	61.47M	-92.80M	-28.60M	-44.99M
Operating Cash Flow	-42.98M	7.31M	61.47M	-92.80M	-28.60M	-44.99M
Investing Cash Flow	0	0	0	0	0	216.53M
Financing Cash Flow	-51.62M	-47.41M	-53.40M	-31.29M	-37.21M	-53.99M

ALTAMIR Technical Analysis

Technical Analysis SentimentPositive

Last Price23.50

Price Trends

50DMA22.78Positive

100DMA23.15Negative

200DMA24.56Negative

Market Momentum

MACD-0.07Negative

RSI56.68Neutral

STOCH88.89Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:LTA, the sentiment is Positive. The current price of 23.50 is above the 20-day moving average (MA) of 22.50, above the 50-day MA of 22.78, and below the 200-day MA of 24.56, indicating a neutral trend. The MACD of -0.07 indicates Negative momentum. The RSI at 56.68 is Neutral, neither overbought nor oversold. The STOCH value of 88.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:LTA.

ALTAMIR Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

FR:LTA against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FR:ANTIN	75Outperform	EUR 1.34B	12.71	22.58%	8.40%	-11.54%	-17.83%
FR:MF	69Neutral	EUR 3.57B	-71.81	-2.62%	5.97%	-13.33%	6.71%
FR:TKO	66Neutral	EUR 2.80B	12.12	7.44%	4.93%	32.01%	-23.67%
FR:RF	59Neutral	EUR 3.30B	-25.99	-1.65%	5.90%	18.08%	82.50%
FR:ALAUD	58Neutral	EUR 25.31M	-51.15	-0.24%	―	28.03%	-171.24%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
FR:LTA	51Neutral	EUR 832.48M	54.28	1.26%	4.65%	―	―

* General Sector Average

Performance Comparison

FR:LTA and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
FR:LTA	ALTAMIR	22.80	-4.69	-17.06%
FR:RF	Eurazeo SA	49.48	-5.58	-10.14%
FR:MF	Wendel SE	85.45	8.47	11.00%
FR:TKO	Tikehau Capital SCA	16.24	-1.02	-5.91%
FR:ANTIN	Antin Infrastructure Partners	7.50	-2.29	-23.38%
FR:ALAUD	Audacia SA	3.56	0.12	3.40%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 04, 2026

ALTAMIR AI Stock Analysis