Reviewing GlassBridge Enterprises (OTCMKTS:GLAE) and AlTi Global (NASDAQ:ALTI)

AlTi Global (NASDAQ:ALTI) and GlassBridge Enterprises (OTCMKTS:GLAE) are both small-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, analyst recommendations, valuation, dividends, risk and profitability.

Profitability

This table compares AlTi Global and GlassBridge Enterprises’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
AlTi Global	-41.51%	2.31%	1.35%
GlassBridge Enterprises	N/A	N/A	N/A

Insider and Institutional Ownership

3.6% of AlTi Global shares are held by institutional investors. 22.1% of AlTi Global shares are held by company insiders. Comparatively, 5.9% of GlassBridge Enterprises shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings and recommmendations for AlTi Global and GlassBridge Enterprises, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
AlTi Global	0	0	0	1	4.00
GlassBridge Enterprises	0	0	0	0	0.00

AlTi Global presently has a consensus target price of $9.00, indicating a potential upside of 107.85%. Given AlTi Global’s stronger consensus rating and higher possible upside, research analysts plainly believe AlTi Global is more favorable than GlassBridge Enterprises.

Valuation & Earnings

This table compares AlTi Global and GlassBridge Enterprises”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
AlTi Global	$246.97 million	2.45	-$162.61 million	($1.75)	-2.47
GlassBridge Enterprises	$100,000.00	8.68	-$3.00 million	N/A	N/A

GlassBridge Enterprises has lower revenue, but higher earnings than AlTi Global.

Volatility & Risk

AlTi Global has a beta of 0.72, suggesting that its stock price is 28% less volatile than the S&P 500. Comparatively, GlassBridge Enterprises has a beta of 6.78, suggesting that its stock price is 578% more volatile than the S&P 500.

Summary

AlTi Global beats GlassBridge Enterprises on 8 of the 12 factors compared between the two stocks.

About AlTi Global

AlTi Global, Inc. provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services. It also provides trust and administration services, such as entity formation and management; creating or modifying trust instruments and administrative practices to meet beneficiary needs; corporate, trustee-executor, and fiduciary services; provision of directors and company secretarial services; administering entity ownership of intellectual property rights; advisory and administration services in connection with investments in marine and aviation assets; and administering entity ownership of fine art and collectibles. In addition, the company offers family office services comprising bookkeeping and back office services, private foundation management and grant making, oversight of trust administration, financial tracking and reporting, cash flow management and bill pay, and other financial services, as well as clients estate and wealth planning, family governance and education, and philanthropic and strategic services. It also provides ancillary fund management services, including investments, financial planning and strategy, sales and marketing, and back and middle office infrastructure and administration. The company offers strategic advisory, corporate advisory, brokerage, and placement agency services; structures, arranges, and provides investors with co-investment opportunities in various alternative assets; manages and advises public and private investment funds, as well as alternatives platform. The company was formerly known as Alvarium Tiedemann Holdings, Inc. and changed its name to AlTi Global, Inc. in April 2023. The company is based in New York, New York.

About GlassBridge Enterprises

GlassBridge Enterprises, Inc., through its subsidiaries, owns and operates an asset management business in the United States. It offers investment advisory services to third party investors through managed funds separate managed accounts. The company was formerly known as Imation Corp. and changed its name to GlassBridge Enterprises, Inc. in February 2017. GlassBridge Enterprises, Inc. was incorporated in 1996 and is headquartered in New York, New York.