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Stock Comparison

ALTI vs MS

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
ALTI
AlTi Global, Inc.

Asset Management - Global

Financial ServicesNASDAQ • US
Market Cap$166M
5Y Perf.-61.4%
MS
Morgan Stanley

Financial - Capital Markets

Financial ServicesNYSE • US
Market Cap$307.53B
5Y Perf.+134.1%

ALTI vs MS — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
ALTI logoALTI
MS logoMS
IndustryAsset Management - GlobalFinancial - Capital Markets
Market Cap$166M$307.53B
Revenue (TTM)$207M$103.14B
Net Income (TTM)$-164M$16.18B
Gross Margin17.9%55.6%
Operating Margin-42.0%17.1%
Forward P/E13.4x16.3x
Total Debt$63M$360.49B
Cash & Equiv.$65M$75.74B

ALTI vs MSLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

ALTI
MS
StockApr 21May 26Return
AlTi Global, Inc. (ALTI)10038.6-61.4%
Morgan Stanley (MS)100234.1+134.1%

Price return only. Dividends and distributions are not included.

Quick Verdict: ALTI vs MS

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: MS leads in 4 of 7 categories, making it the strongest pick for growth and revenue expansion and profitability and margin quality. AlTi Global, Inc. is the stronger pick specifically for valuation and capital efficiency and capital preservation and lower volatility. As sector peers, any of these can serve as alternatives in the same allocation.
ALTI
AlTi Global, Inc.
The Banking Pick

ALTI is the clearest fit if your priority is income & stability and sleep-well-at-night.

  • Dividend streak 0 yrs, beta 1.12, yield 2.3%
  • Lower volatility, beta 1.12, Low D/E 6.5%, current ratio 1.83x
  • Beta 1.12, yield 2.3%, current ratio 1.83x
Best for: income & stability and sleep-well-at-night
MS
Morgan Stanley
The Banking Pick

MS carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.

  • Rev growth 16.8%, EPS growth 53.5%
  • 7.4% 10Y total return vs ALTI's -61.4%
  • 16.8% NII/revenue growth vs ALTI's -16.2%
Best for: growth exposure and long-term compounding
See the full category breakdown
CategoryWinnerWhy
GrowthMS logoMS16.8% NII/revenue growth vs ALTI's -16.2%
ValueALTI logoALTILower P/E (13.4x vs 16.3x)
Quality / MarginsMS logoMSEfficiency ratio 0.4% vs ALTI's 0.6% (lower = leaner)
Stability / SafetyALTI logoALTIBeta 1.12 vs MS's 1.37, lower leverage
DividendsALTI logoALTI2.3% yield, vs MS's 2.0%
Momentum (1Y)MS logoMS+66.7% vs ALTI's +19.7%
Efficiency (ROA)MS logoMSEfficiency ratio 0.4% vs ALTI's 0.6%

ALTI vs MS — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

ALTIAlTi Global, Inc.
FY 2024
Incentive Fees
100.0%$3M
MSMorgan Stanley
FY 2024
Wealth Management Segment
45.6%$28.4B
Institutional Securities Segment
45.0%$28.1B
Investment Management Segment
9.4%$5.9B

ALTI vs MS — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLMSLAGGINGALTI

Income & Cash Flow (Last 12 Months)

MS leads this category, winning 5 of 5 comparable metrics.

MS is the larger business by revenue, generating $103.1B annually — 498.4x ALTI's $207M. MS is the more profitable business, keeping 13.0% of every revenue dollar as net income compared to ALTI's -49.8%.

MetricALTI logoALTIAlTi Global, Inc.MS logoMSMorgan Stanley
RevenueTrailing 12 months$207M$103.1B
EBITDAEarnings before interest/tax-$96M$26.3B
Net IncomeAfter-tax profit-$164M$16.2B
Free Cash FlowCash after capex-$57M-$6.7B
Gross MarginGross profit ÷ Revenue+17.9%+55.6%
Operating MarginEBIT ÷ Revenue-42.0%+17.1%
Net MarginNet income ÷ Revenue-49.8%+13.0%
FCF MarginFCF ÷ Revenue-28.2%-2.0%
Rev. Growth (YoY)Latest quarter vs prior year
EPS Growth (YoY)Latest quarter vs prior year-6.3%+48.9%
MS leads this category, winning 5 of 5 comparable metrics.

Valuation Metrics

ALTI leads this category, winning 4 of 4 comparable metrics.
MetricALTI logoALTIAlTi Global, Inc.MS logoMSMorgan Stanley
Market CapShares × price$166M$307.5B
Enterprise ValueMkt cap + debt − cash$164M$592.3B
Trailing P/EPrice ÷ TTM EPS-2.91x24.31x
Forward P/EPrice ÷ next-FY EPS est.13.43x16.28x
PEG RatioP/E ÷ EPS growth rate2.73x
EV / EBITDAEnterprise value multiple26.03x
Price / SalesMarket cap ÷ Revenue0.80x2.98x
Price / BookPrice ÷ Book value/share0.31x2.95x
Price / FCFMarket cap ÷ FCF
ALTI leads this category, winning 4 of 4 comparable metrics.

Profitability & Efficiency

MS leads this category, winning 6 of 9 comparable metrics.

MS delivers a 14.6% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $-17 for ALTI. ALTI carries lower financial leverage with a 0.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to MS's 3.42x. On the Piotroski fundamental quality scale (0–9), MS scores 5/9 vs ALTI's 4/9, reflecting solid financial health.

MetricALTI logoALTIAlTi Global, Inc.MS logoMSMorgan Stanley
ROE (TTM)Return on equity-17.2%+14.6%
ROA (TTM)Return on assets-13.5%+1.2%
ROICReturn on invested capital-6.3%+2.9%
ROCEReturn on capital employed-7.4%+3.8%
Piotroski ScoreFundamental quality 0–945
Debt / EquityFinancial leverage0.06x3.42x
Net DebtTotal debt minus cash-$2M$284.7B
Cash & Equiv.Liquid assets$65M$75.7B
Total DebtShort + long-term debt$63M$360.5B
Interest CoverageEBIT ÷ Interest expense-23.29x0.44x
MS leads this category, winning 6 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

MS leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in MS five years ago would be worth $24,217 today (with dividends reinvested), compared to $3,876 for ALTI. Over the past 12 months, MS leads with a +66.7% total return vs ALTI's +19.7%. The 3-year compound annual growth rate (CAGR) favors MS at 34.3% vs ALTI's -6.8% — a key indicator of consistent wealth creation.

MetricALTI logoALTIAlTi Global, Inc.MS logoMSMorgan Stanley
YTD ReturnYear-to-date-20.2%+7.4%
1-Year ReturnPast 12 months+19.7%+66.7%
3-Year ReturnCumulative with dividends-19.1%+142.1%
5-Year ReturnCumulative with dividends-61.2%+142.2%
10-Year ReturnCumulative with dividends-61.4%+739.4%
CAGR (3Y)Annualised 3-year return-6.8%+34.3%
MS leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

Evenly matched — ALTI and MS each lead in 1 of 2 comparable metrics.

ALTI is the less volatile stock with a 1.12 beta — it tends to amplify market swings less than MS's 1.37 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MS currently trades 99.2% from its 52-week high vs ALTI's 69.1% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricALTI logoALTIAlTi Global, Inc.MS logoMSMorgan Stanley
Beta (5Y)Sensitivity to S&P 5001.12x1.37x
52-Week HighHighest price in past year$5.45$194.83
52-Week LowLowest price in past year$2.96$117.21
% of 52W HighCurrent price vs 52-week peak+69.1%+99.2%
RSI (14)Momentum oscillator 0–10045.561.2
Avg Volume (50D)Average daily shares traded152K5.4M
Evenly matched — ALTI and MS each lead in 1 of 2 comparable metrics.

Analyst Outlook

Evenly matched — ALTI and MS each lead in 1 of 2 comparable metrics.

Wall Street rates ALTI as "Strong Buy" and MS as "Buy". Consensus price targets imply 139.4% upside for ALTI (target: $9) vs 6.5% for MS (target: $206). For income investors, ALTI offers the higher dividend yield at 2.26% vs MS's 1.97%.

MetricALTI logoALTIAlTi Global, Inc.MS logoMSMorgan Stanley
Analyst RatingConsensus buy/hold/sellStrong BuyBuy
Price TargetConsensus 12-month target$9.00$205.75
# AnalystsCovering analysts152
Dividend YieldAnnual dividend ÷ price+2.3%+2.0%
Dividend StreakConsecutive years of raises011
Dividend / ShareAnnual DPS$0.08$3.81
Buyback YieldShare repurchases ÷ mkt cap0.0%+1.4%
Evenly matched — ALTI and MS each lead in 1 of 2 comparable metrics.
Key Takeaway

MS leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). ALTI leads in 1 (Valuation Metrics). 2 tied.

Best OverallMorgan Stanley (MS)Leads 3 of 6 categories
Loading custom metrics...

ALTI vs MS: Frequently Asked Questions

10 questions · data-driven answers · updated daily

01

Is ALTI or MS a better buy right now?

For growth investors, Morgan Stanley (MS) is the stronger pick with 16.

8% revenue growth year-over-year, versus -16. 2% for AlTi Global, Inc. (ALTI). Morgan Stanley (MS) offers the better valuation at 24. 3x trailing P/E (16. 3x forward), making it the more compelling value choice. Analysts rate AlTi Global, Inc. (ALTI) a "Strong Buy" — based on 1 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — ALTI or MS?

On forward P/E, AlTi Global, Inc.

is actually cheaper at 13. 4x — notably different from the trailing picture, reflecting expected earnings growth.

03

Which is the better long-term investment — ALTI or MS?

Over the past 5 years, Morgan Stanley (MS) delivered a total return of +142.

2%, compared to -61. 2% for AlTi Global, Inc. (ALTI). Over 10 years, the gap is even starker: MS returned +739. 4% versus ALTI's -61. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — ALTI or MS?

By beta (market sensitivity over 5 years), AlTi Global, Inc.

(ALTI) is the lower-risk stock at 1. 12β versus Morgan Stanley's 1. 37β — meaning MS is approximately 22% more volatile than ALTI relative to the S&P 500. On balance sheet safety, AlTi Global, Inc. (ALTI) carries a lower debt/equity ratio of 6% versus 3% for Morgan Stanley — giving it more financial flexibility in a downturn.

05

Which is growing faster — ALTI or MS?

By revenue growth (latest reported year), Morgan Stanley (MS) is pulling ahead at 16.

8% versus -16. 2% for AlTi Global, Inc. (ALTI). On earnings-per-share growth, the picture is similar: Morgan Stanley grew EPS 53. 5% year-over-year, compared to 52. 2% for AlTi Global, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — ALTI or MS?

Morgan Stanley (MS) is the more profitable company, earning 13.

0% net margin versus -49. 8% for AlTi Global, Inc. — meaning it keeps 13. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MS leads at 17. 1% versus -42. 0% for ALTI. At the gross margin level — before operating expenses — MS leads at 55. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is ALTI or MS more undervalued right now?

On forward earnings alone, AlTi Global, Inc.

(ALTI) trades at 13. 4x forward P/E versus 16. 3x for Morgan Stanley — 2. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ALTI: 139. 4% to $9. 00.

08

Which pays a better dividend — ALTI or MS?

All stocks in this comparison pay dividends.

AlTi Global, Inc. (ALTI) offers the highest yield at 2. 3%, versus 2. 0% for Morgan Stanley (MS).

09

Is ALTI or MS better for a retirement portfolio?

For long-horizon retirement investors, Morgan Stanley (MS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (2.

0% yield, +739. 4% 10Y return). Both have compounded well over 10 years (MS: +739. 4%, ALTI: -61. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between ALTI and MS?

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: ALTI is a small-cap quality compounder stock; MS is a large-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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Stocks Like

ALTI

Income & Dividend Stock

  • Sector: Financial Services
  • Market Cap > $100B
  • Dividend Yield > 0.9%
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MS

High-Growth Compounder

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 8%
  • Net Margin > 7%
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Revenue Growth>
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(ALTI: -16.2% · MS: 16.8%)

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