AtlasClear Holdings, Inc. (ATCH) stock analysis
Close on Nov 9, 2026Market cap $19.74MP/E –Yield –
StockData Score
Prices as of Nov 13, 2026How the score works
Weak6 of 30 checks passed
AtlasClear passes 6 of the 30 checks behind our score; 19 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 2/6
- Growth
- 0/6
- Past performance
- 2/6
- Financial health
- 2/6
- Dividend
- 0/6
What stands out
Margin of safety over 20%
The price is 53.5% below fair value, more than the 20% cushion we look for.
Trading below fair value
The share price of $0.13 is below our fair value estimate of $0.28.
Low debt
Debt is 15.2% of shareholders' equity, under the 40% we consider low.
Return on equity above the industry
AtlasClear's return on equity of 9.8% is above the Finance services median of -33.3%.
What to watch
Interest not well covered
Operating income covers interest expense -2.8 times; we look for at least 5.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals -240% of total debt; we look for at least 20%.
Elevated bankruptcy risk
The Altman Z-score is -2.58; above 3 is the safe zone and below 1.8 the distress zone.
P/B above the industry
AtlasClear's price-to-book of 0.95 is above the Finance services median of 0.73.
Valuation2/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B above the industry
AtlasClear's price-to-book of 0.95 is above the Finance services median of 0.73.
Trading below fair value
The share price of $0.13 is below our fair value estimate of $0.28.
Margin of safety over 20%
The price is 53.5% below fair value, more than the 20% cushion we look for.
Growth0/6
Revenue growth over 3 years
Needs three years of positive revenue.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growth against the industry
Needs revenue for this year and last.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
This company does not report gross profit.
Past performance2/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity above the industry
AtlasClear's return on equity of 9.8% is above the Finance services median of -33.3%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin above the industry
AtlasClear's net margin of 6.4% is above the Finance services median of -64.5%.
Financial health2/6
Low debt
Debt is 15.2% of shareholders' equity, under the 40% we consider low.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals -240% of total debt; we look for at least 20%.
Interest not well covered
Operating income covers interest expense -2.8 times; we look for at least 5.
Short-term assets cover short-term debts
Current assets are 1.37 times current liabilities.
Elevated bankruptcy risk
The Altman Z-score is -2.58; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
AtlasClear has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$0.28
The share price is 53% below this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/B | 0.7× | – | 0.7× | $0.10 | 50% |
| P/S | 3.3× | – | 3.3× | $0.46 | 50% |
| Fair value | $0.28 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/B at month end
- Finance services median 0.7
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
High risk
- Average value traded per day
- $245.73K
- Value traded per 1% price move
- $81.19K
Downside
High risk
- Typical loss in a bad month
- 26.7%
- Volatility (annualized)
- 69%
- Sharpe ratio, 1 year
- -0.92
- Beta to the S&P 500 (5Y)
- 1.13
Typical bad-month loss, week by week
Margins need revenue and profit figures
This company does not report the lines needed to calculate margins.
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Net income | – | +35.2% | – | – |
Returns and balance sheet
5 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2020 | FY2020 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | – | |
| Return on assets | – | – | – | |
| Current ratio | 0.24 | 0.24 | 1.50 |
Cash use needs five years of cash flow figures
AtlasClear does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
- ProfitableNet income above zero$1.96M
- Cash generatingOperating cash flow above zero-$6.19M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income-$6.19M vs $1.96M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → 1.50
- No dilutionShare count did not rise– → 125M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose– → –
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