Comprehensive Stock Comparison
Compare ORIX Corporation (IX) vs Antalpha Platform Holding Company (ANTA) Stock
Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.
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Quick Verdict
| Category | Winner | Why |
|---|---|---|
| Growth | ANTA | 321.0% revenue growth vs IX's 2.1% |
| Value | IX | Lower P/E (0.1x vs 10.7x) |
| Quality / Margins | IX | 12.2% net margin vs ANTA's 9.3% |
| Stability / Safety | IX | Beta 0.68 vs ANTA's 1.90, lower leverage |
| Dividends | IX | 2.1% yield; 1-year raise streak; ANTA pays no meaningful dividend |
| Momentum (1Y) | IX | +77.9% vs ANTA's -31.4% |
| Efficiency (ROA) | IX | 2.5% ROA vs ANTA's 0.2%, ROIC 2.4% vs 0.6% |
Who Each Stock Is For
Income & stability
Growth exposure
Long-term compounding (10Y)
Sleep-well-at-night portfolio
Defensive / Recession hedge
Business Model
What each company does and how it makes money
ORIX Corporation is a diversified financial services conglomerate operating across leasing, lending, real estate, and private equity. It generates revenue primarily through interest income from corporate finance and leasing operations (around 40%), fee income from asset management and real estate services (roughly 30%), and investment returns from private equity and infrastructure holdings. The company's competitive advantage lies in its integrated financial ecosystem—spanning traditional lending to alternative investments—and its extensive network across Asia, particularly Japan, which creates cross-selling opportunities and economies of scale.
Antalpha Platform Holding Company is a crypto-focused financial services provider that offers Bitcoin-backed financing solutions to the digital asset industry. It generates revenue primarily through interest income from Bitcoin mining equipment loans and supply chain financing—secured by Bitcoin and mining hardware—along with platform service fees for loan management and compliance services. The company's competitive advantage lies in its specialized expertise in crypto asset collateralization and its integrated technology platform that manages the unique risks of digital asset lending.
Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
Financial Metrics Comparison
Side-by-side fundamentals across 2 stocks. BestLagging
Financial Scorecard
IX leads in 5 of 6 categories — strongest in Financial Metrics and Valuation Metrics.
Financial Metrics (TTM)
IX is the larger business by revenue, generating $2.87T annually — 60579.9x ANTA's $47M. Profitability is closely matched — net margins range from 12.2% (IX) to 9.3% (ANTA).
| Metric | IXORIX Corporation | ANTAAntalpha Platform… |
|---|---|---|
| RevenueTrailing 12 months | $2.87T | $47M |
| EBITDAEarnings before interest/tax | $717.3B | $2M |
| Net IncomeAfter-tax profit | $439.8B | $4M |
| Free Cash FlowCash after capex | $0 | $829,499 |
| Gross MarginGross profit ÷ Revenue | +41.8% | +37.8% |
| Operating MarginEBIT ÷ Revenue | +11.5% | +6.7% |
| Net MarginNet income ÷ Revenue | +12.2% | +9.3% |
| FCF MarginFCF ÷ Revenue | +41.1% | -25.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +74.6% | +24.3% |
Valuation Metrics
At 18.1x trailing earnings, IX trades at a 61% valuation discount to ANTA's 46.2x P/E. On an enterprise value basis, IX's 15.3x EV/EBITDA is more attractive than ANTA's 152.6x.
| Metric | IXORIX Corporation | ANTAAntalpha Platform… |
|---|---|---|
| Market CapShares × price | $39.3B | $208M |
| Enterprise ValueMkt cap + debt − cash | $71.8B | $612M |
| Trailing P/EPrice ÷ TTM EPS | 18.07x | 46.21x |
| Forward P/EPrice ÷ next-FY EPS est. | 0.09x | 10.71x |
| PEG RatioP/E ÷ EPS growth rate | 3.40x | — |
| EV / EBITDAEnterprise value multiple | 15.33x | 152.58x |
| Price / SalesMarket cap ÷ Revenue | 2.13x | 4.38x |
| Price / BookPrice ÷ Book value/share | 1.52x | 4.37x |
| Price / FCFMarket cap ÷ FCF | 5.20x | — |
Profitability & Efficiency
IX delivers a 9.7% return on equity — every $100 of shareholder capital generates $10 in annual profit, vs $4 for ANTA. IX carries lower financial leverage with a 1.51x debt-to-equity ratio, signaling a more conservative balance sheet compared to ANTA's 8.84x. On the Piotroski fundamental quality scale (0–9), ANTA scores 7/9 vs IX's 6/9, reflecting strong financial health.
| Metric | IXORIX Corporation | ANTAAntalpha Platform… |
|---|---|---|
| ROE (TTM)Return on equity | +9.7% | +3.6% |
| ROA (TTM)Return on assets | +2.5% | +0.2% |
| ROICReturn on invested capital | +2.4% | +0.6% |
| ROCEReturn on capital employed | +2.5% | +1.0% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 7 |
| Debt / EquityFinancial leverage | 1.51x | 8.84x |
| Net DebtTotal debt minus cash | $5.08T | $404M |
| Cash & Equiv.Liquid assets | $1.21T | $6M |
| Total DebtShort + long-term debt | $6.28T | $410M |
| Interest CoverageEBIT ÷ Interest expense | 3.88x | — |
Total Returns (with DRIP)
A $10,000 investment in IX five years ago would be worth $22,877 today (with dividends reinvested), compared to $6,859 for ANTA. Over the past 12 months, IX leads with a +77.9% total return vs ANTA's -31.4%. The 3-year compound annual growth rate (CAGR) favors IX at 28.3% vs ANTA's -11.8% — a key indicator of consistent wealth creation.
| Metric | IXORIX Corporation | ANTAAntalpha Platform… |
|---|---|---|
| YTD ReturnYear-to-date | +20.5% | -3.8% |
| 1-Year ReturnPast 12 months | +77.9% | -31.4% |
| 3-Year ReturnCumulative with dividends | +111.0% | -31.4% |
| 5-Year ReturnCumulative with dividends | +128.8% | -31.4% |
| 10-Year ReturnCumulative with dividends | +218.8% | -31.4% |
| CAGR (3Y)Annualised 3-year return | +28.3% | -11.8% |
Risk & Volatility
IX is the less volatile stock with a 0.68 beta — it tends to amplify market swings less than ANTA's 1.90 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. IX currently trades 96.0% from its 52-week high vs ANTA's 31.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | IXORIX Corporation | ANTAAntalpha Platform… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.68x | 1.90x |
| 52-Week HighHighest price in past year | $37.04 | $27.72 |
| 52-Week LowLowest price in past year | $17.75 | $8.35 |
| % of 52W HighCurrent price vs 52-week peak | +96.0% | +31.7% |
| RSI (14)Momentum oscillator 0–100 | 68.2 | 45.8 |
| Avg Volume (50D)Average daily shares traded | 175K | 7K |
Analyst Outlook
IX is the only dividend payer here at 2.09% yield — a key consideration for income-focused portfolios.
| Metric | IXORIX Corporation | ANTAAntalpha Platform… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | — |
| Price TargetConsensus 12-month target | — | — |
| # AnalystsCovering analysts | — | — |
| Dividend YieldAnnual dividend ÷ price | +2.1% | — |
| Dividend StreakConsecutive years of raises | 1 | — |
| Dividend / ShareAnnual DPS | $116.24 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.9% | 0.0% |
Historical Charts
Charts are rendered on first load. Hover for details.
Chart 1Revenue Growth — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| ORIX Corporation (IX) | $1.2T | $2.9T | +145.5% |
| Antalpha Platform H… (ANTA) | $11M | $47M | +321.0% |
ORIX Corporation's revenue grew from $1.2T (2016) to $2.9T (2025) — a 10.5% CAGR.
Chart 2Net Margin Trend — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| ORIX Corporation (IX) | 22.2% | 12.2% | -44.9% |
| Antalpha Platform H… (ANTA) | -58.4% | 9.3% | +115.8% |
ORIX Corporation's net margin went from 22% (2016) to 12% (2025).
Chart 3P/E Ratio History — 9 Years
| Stock | 2017 | 2025 | Change |
|---|---|---|---|
| ORIX Corporation (IX) | 0.1 | 0.1 | +0.0% |
ORIX Corporation has traded in a 0x–0x P/E range over 9 years; current trailing P/E is ~18x.
Chart 4EPS Growth — 10 Years
| Stock | 2016 | 2025 | Change |
|---|---|---|---|
| ORIX Corporation (IX) | 198.52 | 307.16 | +54.7% |
| Antalpha Platform H… (ANTA) | -0.29 | 0.19 | +165.5% |
ORIX Corporation's EPS grew from $198.52 (2016) to $307.16 (2025) — a 5% CAGR.
Chart 5Free Cash Flow — 5 Years
ORIX Corporation generated $1.2T FCF in 2025 (+245% vs 2021). Antalpha Platform Holding Company generated $-12M FCF in 2024 (+4% vs 2023).
IX vs ANTA: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is IX or ANTA a better buy right now?
ORIX Corporation (IX) offers the better valuation at 18.1x trailing P/E (0.1x forward), making it the more compelling value choice. 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.
02Which has the better valuation — IX or ANTA?
On trailing P/E, ORIX Corporation (IX) is the cheapest at 18.1x versus Antalpha Platform Holding Company at 46.2x. On forward P/E, ORIX Corporation is actually cheaper at 0.1x.
03Which is the better long-term investment — IX or ANTA?
Over the past 5 years, ORIX Corporation (IX) delivered a total return of +128.8%, compared to -31.4% for Antalpha Platform Holding Company (ANTA). A $10,000 investment in IX five years ago would be worth approximately $23K today (assuming dividends reinvested). Over 10 years, the gap is even starker: IX returned +218.8% versus ANTA's -31.4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — IX or ANTA?
By beta (market sensitivity over 5 years), ORIX Corporation (IX) is the lower-risk stock at 0.68β versus Antalpha Platform Holding Company's 1.90β — meaning ANTA is approximately 181% more volatile than IX relative to the S&P 500. On balance sheet safety, ORIX Corporation (IX) carries a lower debt/equity ratio of 151% versus 9% for Antalpha Platform Holding Company — giving it more financial flexibility in a downturn.
05Which has better profit margins — IX or ANTA?
ORIX Corporation (IX) is the more profitable company, earning 12.2% net margin versus 9.3% for Antalpha Platform Holding Company — meaning it keeps 12.2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IX leads at 11.5% versus 6.7% for ANTA. At the gross margin level — before operating expenses — IX leads at 41.8%, 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.
06Is IX or ANTA more undervalued right now?
On forward earnings alone, ORIX Corporation (IX) trades at 0.1x forward P/E versus 10.7x for Antalpha Platform Holding Company — 10.6x cheaper on a one-year earnings basis.
07Which pays a better dividend — IX or ANTA?
In this comparison, IX (2.1% yield) pays a dividend. ANTA does not pay a meaningful dividend and should not be held primarily for income.
08Is IX or ANTA better for a retirement portfolio?
For long-horizon retirement investors, ORIX Corporation (IX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.68), 2.1% yield, +218.8% 10Y return). Antalpha Platform Holding Company (ANTA) carries a higher beta of 1.90 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (IX: +218.8%, ANTA: -31.4%), 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.
09What are the main differences between IX and ANTA?
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. IX pays a dividend while ANTA does not, making them suitable for different income and tax situations. 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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