Almy.Ta
ALMY.TA operates in the investment management and fund operations sector, providing financial services to institutional and retail clients through asset management, advisory, and fund administration.
Business. ALMY.TA operates in the investment management and fund operations sector, providing financial services to institutional and retail clients through asset management, advisory, and fund administration.
At a glance
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
ALMY.TA operates in the investment management and fund operations sector, providing financial services to institutional and retail clients through asset management, advisory, and fund administration.
ALMY.TA maintains a liquidity profile with a current ratio of 4.16, indicating strong short-term liquidity, supported by cash and equivalents of ILS 89.64 million. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity risk. The debt-to-equity ratio of 0.6 suggests a moderate leverage position, with long-term debt of ILS 145.91 million against total equity of ILS 244.14 million.
Profitability metrics show a return on equity (ROE) of 21.69% and a return on assets (ROA) of 9.84%, both exceeding the typical thresholds for the investment management industry, indicating strong capital efficiency and asset utilization. Operating income of ILS 3.62 million and net income of ILS 52.95 million reflect a healthy margin structure, although gross profit of ILS 41.14 million suggests a relatively low-margin business model.
The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification, which may expose it to regional economic volatility. No specific geographic breakdown is provided in the latest financials, but the lack of segmental or geographic diversification increases concentration risk.
Looking ahead, the company is projected to maintain a stable revenue trajectory, with no significant growth or contraction expected in the next fiscal year. Free cash flow of ILS 58.32 million and operating cash flow of ILS 7.07 million support operational flexibility, though capital expenditures of ILS -8.49 million suggest a reduction in investment activity.
Risk factors include a medium liquidity risk due to the negative net cash position and a moderate debt load. Dilution risk is assessed as low, with no near-term pressure from share issuance or dilutive events. The risk assessment does not indicate any material regulatory or geopolitical exposure, though the investment management industry is inherently sensitive to macroeconomic shifts.
Recent filings and transcripts do not highlight any material events or strategic shifts. The company appears to be operating within a stable regulatory and market environment, with no disclosed material litigation or governance concerns.
- ALMY.TA demonstrates strong liquidity and capital efficiency, with a current ratio of 4.16 and ROE of 21.69%.
- The company's debt-to-equity ratio of 0.6 indicates moderate leverage, with no immediate dilution risk.
- Profitability is robust, but the low-margin business model may limit long-term growth potential.
- Revenue and geographic concentration pose a moderate risk to earnings stability.
- No material regulatory or geopolitical risks are currently flagged, but macroeconomic sensitivity remains a concern.
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Risk factors
- Net cash is negative after subtracting total debt.
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- ALMY.TA Market data — financials · 2026-05-27