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ATHE.O NASDAQ Biotechnology & Medical Research

Alterity Therapeutics Ltd

$4,46
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Mcap
80,8M USD
P/E
EV / Rev
Div yield
Op margin
-3 185,2 %
ROE
-28,6 %
Net margin
-2 722,0 %
Debt / equity
0,00
Beta
52w range
Volume
Day range
Prev close
$4,08
Open
Next earnings
Ex-dividend
TR 1Y
About

Alterity Therapeutics Ltd is a biotechnology company focused on the development of novel therapeutics for the treatment of chronic diseases, primarily generating revenue through research and development activities and partnerships.

Business. Alterity Therapeutics Ltd (ATHE.O) is a biotechnology and medical research company operating within the healthcare diagnostics industry. The firm is headquartered in the United States and is primarily listed on the NASDAQ stock exchange. Specific details regarding operating segments and geographic revenue mix are not available.

Classification92 %
SectorHealthcare
Business sectorPharmaceuticals & Medical Research
IndustryBiotechnology & Medical Research
ActivityHealthcare Diagnostics
Generated · model-assisted
Sell-side consensus
BUY1 analysts
1 buy0 hold0 sell
Avg 12m price target11,00

Analyst recommendations

1 analysts · consensus Buy
Buy1
Hold0
Sell0
12-month price target
11,00
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
1 analysts · indicative
Ownership
Morgan Stanley Smith Barney LLC
largest disclosed fund holder
Profitability
-28,6 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning ATHE.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to ATHE.O. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • 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

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Alterity Therapeutics Ltd (ATHE.O) is a biotechnology and medical research company operating within the healthcare diagnostics industry. The firm is headquartered in the United States and is primarily listed on the NASDAQ stock exchange. Specific details regarding operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorHealthcare
    Business sectorPharmaceuticals & Medical Research
    IndustryBiotechnology & Medical Research
    ActivityHealthcare Diagnostics
    AI synthesis
    GENERATED

    Alterity Therapeutics has a strong liquidity position, with a current ratio of 12.98 and cash and equivalents amounting to 33,158,640 AUD, indicating a robust ability to meet short-term obligations. The company's price-to-book ratio of 2.0 and price-to-tangible-book ratio of 2.0 suggest that the market values the company at twice its book value, which is relatively high compared to industry norms.

    The company's profitability is currently negative, with a return on equity of -28.65% and a return on assets of -26.39%, indicating that it is not generating returns for its shareholders or effectively utilizing its assets. These metrics are significantly below the industry median, highlighting the challenges Alterity faces in achieving profitability.

    Alterity Therapeutics does not disclose specific segments or geographic regions contributing to its revenue, making it difficult to assess revenue concentration. However, the company's operations are primarily based in Australia, and it is likely that a significant portion of its revenue is generated domestically.

    The company's growth trajectory is uncertain, with no clear indication of revenue growth in the current or next fiscal year. The absence of capital expenditures and the negative operating and free cash flows suggest that the company is in a development phase, relying on existing cash reserves rather than generating positive cash flows.

    The risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's debt-to-equity ratio of 0.0 suggests that it is not leveraging debt to finance its operations, which reduces financial risk. However, the negative net income and operating income highlight the operational risks the company faces.

    Recent events and filings do not indicate any significant changes in the company's financial or operational status. The company continues to focus on research and development, with no major partnerships or product launches reported in the latest financial data.

    Key takeaways
    • Alterity Therapeutics has a strong liquidity position with a current ratio of 12.98 and significant cash reserves.
    • The company is not currently profitable, with a return on equity of -28.65% and a return on assets of -26.39%.
    • The company's valuation is high relative to its book value, with a price-to-book ratio of 2.0.
    • There is no clear indication of revenue growth in the current or next fiscal year.
    • The company faces operational risks due to negative net income and operating income.
    • The risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected.
    • **margin_outlook_rationale**: The company's margin outlook is negative due to the current negative return on equity and return on assets.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $4,46
    Market cap
    $84.6M
    Enterprise value
    $51.6M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    2.0x
    P / Tangible book
    2.0x
    Tangible book
    $42.4M
    Net cash
    $33.0M
    Current ratio
    13.0
    Debt / equity
    0.0
    ROA
    -26.4%
    ROE
    -28.6%
    Cash conversion
    94.0%
    CapEx / revenue
    0.0%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    -0,82
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    1
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-16 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate-0,82
    Revenueno estimateno estimate1,1M AUD
    Operating incomeno estimateno estimate-8,6M AUD
    Full-year consensus mean (period as reported by source) · consensus in AUD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution1 analysts
    Strong buy0
    Buy1
    Hold0
    Sell0
    Strong sell0
    12-month price target$11,00 · Median $11,00
    Low $10,00High $12,00
    Operating income · consensus-8,6M AUD
    EPS surprise
    −149,4 %
    reported vs consensus · miss
    Revenue surprise
    +151,7 %
    reported vs consensus · beat

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$10,00
    Mean$11,00
    Median$11,00
    High$12,00
    Spot$4,46
    +146.8 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-3 185,2 %Bottom quartile
    Net Margin-2 722,0 %Bottom quartile
    ROE-28,6 %Below median
    Capex / Rev0,0 %Above P75
    D/E0,00Above median
    Cash Conv0,94Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net acquired 3 000 000 sh2 grants2 insiders
    • Babarczy Julian MichaelDirector · Unlisted option exp 15 Jun 2031 → Ordinary sharesAcquired 2 000 000 @ $1,00grant · 2026-06-15
    • Gozlan Lawrence BernardDirector · Listed option exp 15 Jun 2031 → Ordinary sharesAcquired 1 000 000 @ $1,00grant · 2026-06-15

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    Source documents
    • Alterity Therapeutics Ltd Market data — financials · 2026-05-27
    • Alterity Therapeutics Ltd Market data — analyst estimates · 2026-05-27
    • Alterity Therapeutics Ltd Market data — ESG · 2026-05-27

    Ownership & reference

    Top holders

    • Morgan Stanley Smith Barney LLCInvestment Managers · as of 2026-03-310,00 %$0M

    Insider activity

    — missing data

    Short positioning

    38.0Kshares short-2.4% vs prior
    2.12days to cover
    17.1%short of daily vol
    19fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    ATHE.OCanonical
    NASDAQ · USD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-17FILINGFORM 6-K →
    2026-06-16FILINGFORM 6-K →
    2026-06-15 00:00 UTCINSIDER2 insider transactions — 2026-06 2 derivative
    2026-06-15FILINGFORM 6-K →
    2026-06-15FILINGFORM 6-K →
    2026-06-15INSIDERGozlan Lawrence Bernard acquired 1.00M sh Listed option exp 15 Jun 2031 — Director
    2026-06-15INSIDERBabarczy Julian Michael acquired 2.00M sh Unlisted option exp 15 Jun 2031 — Director
    2026-06-12FILINGFORM 6-K →
    2026-06-09FILINGFORM 6-K →
    2026-06-04FILINGFORM 6-K →
    2026-06-03FILINGFORM 6-K →
    2026-05-29FILINGFORM 6-K →
    2026-05-19FILINGFORM 6-K →
    2026-05-12FILINGFORM 6-K →
    2026-05-11FILINGFORM 6-K →
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage