Tearsheet

AMTD IDEA (AMTD)

Market Price (9/4/2025): $1.0 | Market Cap: $40.1 Mil
Sector: Financials | Industry: Asset Management & Custody Banks

AMTD IDEA (AMTD)

Market Price (9/4/2025): $1.0
Market Cap: $40.1 Mil
Sector: Financials
Industry: Asset Management & Custody Banks

Market Valuation

	9/4/25	2024	2023	2022	2021
Share Price CYE	$1.00	$1.20	$1.80	$5.40	$19.02
Market Cap CYE ($ Mil)	40.1	48.1	72.2	216.5	762.6
Total Debt ($ Mil)	43.3	283.5	96.5	20.6	64.2
Total Cash ($ Mil)	58.6	62.9	120.2	138.3	67.5
Enterprise Value ($ Mil)	24.8	331.6	168.7	237.1	826.8
Valuation Ratios
P/S TTM	0.0	1.5	0.6	2.0	6.6
P/EBIT TTM	0.3	1.2	0.7	1.5	4.2
P/E TTM	0.3	1.6	0.8	1.7	4.6
Sector Ratios
P/S TTM (Sector)	3.6	3.4	2.9	3.0	3.7
P/EBIT TTM (Sector)	11.8	10.9	11.5	9.9	8.3
P/E TTM (Sector)	14.5	13.1	11.7	11.0	11.0

	9/4/25	2024	2023
Share Price CYE	$1.00	$1.20	$1.80
Market Cap CYE ($ Mil)	40.1	48.1	72.2
Total Debt ($ Mil)	43.3	283.5	96.5
Total Cash ($ Mil)	58.6	62.9	120.2
Enterprise Value ($ Mil)	24.8	331.6	168.7
Valuation Ratios
P/S TTM	0.0	1.5	0.6
P/EBIT TTM	0.3	1.2	0.7
P/E TTM	0.3	1.6	0.8
Sector Ratios
P/S TTM (Sector)	3.6	3.4	2.9
P/EBIT TTM (Sector)	11.8	10.9	11.5
P/E TTM (Sector)	14.5	13.1	11.7

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

AMTD International Inc., an investment holding company, engages in investment banking activities primarily in Hong Kong and Mainland China. It is also involved in the provision of investment advisory services, assets management, and strategic investments. The company offers a range of investment banking services, including equity underwriting, debt underwriting, securities brokerage, institutional sales and distribution, and research, as well as advisory on credit rating, financing, and mergers and acquisitions transactions. Show more

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
AMTD Return	-26%	-52%	-43%	-17%		-15%	-83%
Peers Return	40%	63%	-28%	52%	44%	-5%	239%
S&P 500 Return	16%	27%	-19%	24%	23%	10%	100%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: VRTS, BLK, BX, KKR, APO.
[3] 2025 data is for the year up to 9/3/2025 (YTD)

Latest Trefis Analyses

	Title	Date
0	ARTICLES
1	Coronavirus Recovery Watch: Capital Market Portfolio: 15% 5D Return vs. (-25%) YTD Return – [BlackRock, E*TRADE, Schwab & TD Ameritrade]	March 27th, 2020
2	Why Isn’t Charles Schwab’s Stock Benefiting From The Spike In Trading Volumes?	March 19th, 2020
3	How Would Zero Trading Commissions Impact TD Ameritrade Revenues In 2020?	January 10th, 2020
4	What Would The Combined Charles Schwab-TD Ameritrade Look Like?	November 22nd, 2019
5	Is TD Ameritrade’s Fiscal 2020 Revenue Guidance Too Optimistic?	October 29th, 2019

	Title
0	DASHBOARDS
1	Coronavirus Recovery Watch: Capital Market Portfolio: 15% 5D Return vs. (-25%) YTD Return – [BlackRock, E*TRADE, Schwab & TD Ameritrade]
2	Why Isn’t Charles Schwab’s Stock Benefiting From The Spike In Trading Volumes?
3	How Would Zero Trading Commissions Impact TD Ameritrade Revenues In 2020?
4	What Would The Combined Charles Schwab-TD Ameritrade Look Like?
5	Is TD Ameritrade’s Fiscal 2020 Revenue Guidance Too Optimistic?

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	XELA	Exela Technologies	212.4%	-95.5%
2	TKCM	Token Communities	82.8%	-64.7%
3	ANGGF	Angang Steel	61.2%	25.0%
4	BATMF	British American Tobacco Malaysia	43.4%	59.2%
5	KYSEF	Kyushu Electric Power	32.1%	32.1%
6	STTK	Shattuck Labs	26.7%	5.8%
7	KTHAF	Krung Thai Bank	24.0%	24.0%
8	SFOSF	Shanghai Fosun Pharmaceutical	23.7%	61.7%
9	INDOY	Indorama Ventures	20.9%	-5.5%
10	M	Macy's	20.7%	-1.0%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	PTLKF	PT Lippo Karawaci	-95.2%	-94.7%
2	MGAWF	Megaworld	-71.0%	-71.0%
3	PTTMF	PT Timah	-62.8%	-83.1%
4	PTJSF	PT Jasa Marga	-50.9%	-50.9%
5	UNLRF	PT Unilever Indonesia	-41.3%	-17.6%
6	DLNDY	D&L Industries	-37.5%	-30.7%
7	SUCEF	Sumitomo Osaka Cement	-37.4%	-37.4%
8	PTKFF	PT Kalbe Farma	-34.7%	-32.1%
9	SMTGF	SMA Solar Technology	-30.1%	28.4%
10	PMDKF	PT Mitra Adiperkasa	-28.6%	-48.9%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	EAF	GrafTech International	804.0%	-47.2%
2	RLMD	Relmada Therapeutics	122.3%	182.7%
3	XELA	Exela Technologies	109.6%	-95.5%
4	PSNYW	Polestar Automotive UK	96.2%	141.5%
5	TKCM	Token Communities	82.8%	-64.7%
6	PHJMF	PT Hanjaya Mandala Sampoerna	66.7%	34.8%
7	ANGGF	Angang Steel	61.2%	25.0%
8	DTNOF	DNO	49.5%	141.9%
9	BW	Babcock & Wilcox Enterprises	48.5%	54.9%
10	MDB	MongoDB	46.0%	34.4%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	COSG	Grand Gallery	-100.0%	�
2	PTLKF	PT Lippo Karawaci	-95.2%	-94.7%
3	NXTT	Next Technology	-74.5%	-89.4%
4	SCGY	Scientific Energy	-72.7%	-26.9%
5	MGAWF	Megaworld	-71.0%	-71.0%
6	TTOO	T2 Biosystems	-67.7%	-99.0%
7	PTTMF	PT Timah	-62.8%	-83.1%
8	PIGEF	Pigeon	-62.4%	-62.4%
9	NEGG	Newegg Commerce	-53.8%	290.6%
10	PTJSF	PT Jasa Marga	-50.9%	-50.9%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	MMEX	MMEX Resources	∞%	-50.0%
2	TAWNF	Thai Airways International	3674.5%	3400.0%
3	NOKPF	Nok Airlines	2400.0%	81.8%
4	AYRWF	Ayr Wellness	509.5%	-94.6%
5	XELA	Exela Technologies	379.0%	-95.5%
6	SRNE	Sorrento Therapeutics	233.3%	900.0%
7	PGEN	Precigen	169.9%	324.1%
8	TLS	Telos	154.7%	89.2%
9	SATS	EchoStar	142.7%	179.1%
10	RLMD	Relmada Therapeutics	139.0%	182.7%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	COSG	Grand Gallery	-100.0%	�
2	PTLKF	PT Lippo Karawaci	-95.2%	-94.7%
3	TTOO	T2 Biosystems	-94.8%	-99.0%
4	NXTT	Next Technology	-86.5%	-89.4%
5	OTRK	Ontrak	-78.2%	-96.6%
6	SCGY	Scientific Energy	-72.7%	-26.9%
7	PPCB	Propanc Biopharma	-72.1%	-79.1%
8	MGAWF	Megaworld	-71.0%	-71.0%
9	PTTMF	PT Timah	-62.8%	-83.1%
10	PIGEF	Pigeon	-62.4%	-62.4%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	XELA	Exela Technologies	212.4%	-95.5%
2	TKCM	Token Communities	82.8%	-64.7%
3	ANGGF	Angang Steel	61.2%	25.0%
4	BATMF	British American Tobacco Malaysia	43.4%	59.2%
5	KYSEF	Kyushu Electric Power	32.1%	32.1%
6	STTK	Shattuck Labs	26.7%	5.8%
7	KTHAF	Krung Thai Bank	24.0%	24.0%
8	SFOSF	Shanghai Fosun Pharmaceutical	23.7%	61.7%
9	INDOY	Indorama Ventures	20.9%	-5.5%
10	M	Macy's	20.7%	-1.0%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	PTLKF	PT Lippo Karawaci	-95.2%	-94.7%
2	MGAWF	Megaworld	-71.0%	-71.0%
3	PTTMF	PT Timah	-62.8%	-83.1%
4	PTJSF	PT Jasa Marga	-50.9%	-50.9%
5	UNLRF	PT Unilever Indonesia	-41.3%	-17.6%
6	DLNDY	D&L Industries	-37.5%	-30.7%
7	SUCEF	Sumitomo Osaka Cement	-37.4%	-37.4%
8	PTKFF	PT Kalbe Farma	-34.7%	-32.1%
9	SMTGF	SMA Solar Technology	-30.1%	28.4%
10	PMDKF	PT Mitra Adiperkasa	-28.6%	-48.9%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	EAF	GrafTech International	804.0%	-47.2%
2	RLMD	Relmada Therapeutics	122.3%	182.7%
3	XELA	Exela Technologies	109.6%	-95.5%
4	PSNYW	Polestar Automotive UK	96.2%	141.5%
5	TKCM	Token Communities	82.8%	-64.7%
6	PHJMF	PT Hanjaya Mandala Sampoerna	66.7%	34.8%
7	ANGGF	Angang Steel	61.2%	25.0%
8	DTNOF	DNO	49.5%	141.9%
9	BW	Babcock & Wilcox Enterprises	48.5%	54.9%
10	MDB	MongoDB	46.0%	34.4%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	COSG	Grand Gallery	-100.0%	�
2	PTLKF	PT Lippo Karawaci	-95.2%	-94.7%
3	NXTT	Next Technology	-74.5%	-89.4%
4	SCGY	Scientific Energy	-72.7%	-26.9%
5	MGAWF	Megaworld	-71.0%	-71.0%
6	TTOO	T2 Biosystems	-67.7%	-99.0%
7	PTTMF	PT Timah	-62.8%	-83.1%
8	PIGEF	Pigeon	-62.4%	-62.4%
9	NEGG	Newegg Commerce	-53.8%	290.6%
10	PTJSF	PT Jasa Marga	-50.9%	-50.9%

Peer Comparisons for AMTD IDEA

Financials

	AMTD	VRTS	BLK	BX	KKR	APO	Median
Name	AMTD IDEA	Virtus I.	BlackRock	Blacksto.	KKR	Apollo A.
Mkt Price	-	198.20	1,114.77	169.55	138.74	135.84	169.55
Mkt Cap	-	1.4	172.6	132.7	123.6	79.7	123.6
Rev LTM	-	885	21,573	11,577	15,989	25,418	15,989
Op Inc LTM	-	182	7,683	-	-23	7,159	3,671
FCF LTM	-	31	3,884	3,280	4,567	4,124	3,884
FCF 3Y Avg	-	128	4,018	3,582	1,874	5,219	3,582
CFO LTM	-	38	4,235	3,381	4,753	4,124	4,124
CFO 3Y Avg	-	135	4,363	3,745	2,004	5,219	3,745

Growth & Margins

	AMTD	VRTS	BLK	BX	KKR	APO	Median
Name	AMTD IDEA	Virtus I.	BlackRock	Blacksto.	KKR	Apollo A.
Rev Chg LTM	-	0.9%	15.5%	34.9%	-25.1%	-4.8%	0.9%
Rev Chg 3Y Avg	-	-3.1%	4.2%	6.3%	27.5%	129.8%	6.3%
Rev Chg Q	-	-6.2%	12.9%	37.9%	21.8%	13.2%	13.2%
QoQ Delta Rev Chg LTM	-	-1.5%	2.9%	8.1%	5.9%	3.2%	3.2%
Op Mgn LTM	-	20.6%	35.6%	-	-0.1%	28.2%	24.4%
Op Mgn 3Y Avg	-	18.9%	35.7%	-	6.2%	22.7%	20.8%
QoQ Delta Op Mgn LTM	-	0.4%	-0.8%	-	0.7%	-2.0%	-0.2%
CFO/Rev LTM	-	4.3%	19.6%	29.2%	29.7%	16.2%	19.6%
CFO/Rev 3Y Avg	-	16.0%	22.9%	45.7%	2.0%	19.8%	19.8%
FCF/Rev LTM	-	3.6%	18.0%	28.3%	28.6%	16.2%	18.0%
FCF/Rev 3Y Avg	-	15.2%	21.1%	43.5%	1.1%	19.8%	19.8%

Valuation

	AMTD	VRTS	BLK	BX	KKR	APO	Median
Name	AMTD IDEA	Virtus I.	BlackRock	Blacksto.	KKR	Apollo A.
Mkt Cap	-	1.4	172.6	132.7	123.6	79.7	123.6
P/S	-	1.5	8.0	11.5	7.7	3.1	7.7
P/EBIT	-	3.5	19.1	-	14.1	12.9	13.5
P/E	-	9.4	27.0	46.3	60.3	23.7	27.0
P/CFO	-	35.5	40.8	39.2	26.0	19.3	35.5
Total Yield	-	15.3%	5.6%	6.1%	2.2%	5.7%	5.7%
Dividend Yield	-	4.6%	1.9%	3.9%	0.5%	1.4%	1.9%
FCF Yield 3Y Avg	-	8.6%	3.3%	4.0%	-0.6%	9.5%	4.0%
D/E	-	1.7	0.1	0.1	0.4	0.2	0.2
Net D/E	-	1.5	0.0	0.1	0.1	-2.8	0.1

Returns

	AMTD	VRTS	BLK	BX	KKR	APO	Median
Name	AMTD IDEA	Virtus I.	BlackRock	Blacksto.	KKR	Apollo A.
1M Rtn	-	4.5%	2.1%	-0.5%	-2.5%	-1.4%	-0.5%
3M Rtn	-	17.4%	13.5%	22.7%	15.3%	4.0%	15.3%
6M Rtn	-	14.9%	18.4%	14.0%	15.2%	-0.8%	14.9%
12M Rtn	-	-1.9%	26.3%	22.3%	12.7%	18.9%	18.9%
3Y Rtn	-	19.8%	83.0%	98.0%	189.5%	160.6%	98.0%
1M Excs Rtn	-	1.7%	-0.7%	-3.3%	-5.4%	-4.3%	-3.3%
3M Excs Rtn	-	11.0%	5.9%	14.8%	5.9%	-3.6%	5.9%
6M Excs Rtn	-	1.0%	6.9%	-1.3%	-5.1%	-15.0%	-1.3%
12M Excs Rtn	-	-13.1%	13.5%	9.6%	-0.0%	6.6%	6.6%
3Y Excs Rtn	-	-46.1%	16.7%	23.4%	109.2%	84.9%	23.4%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End		12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date		4/30/2025	5/13/2024	4/28/2023	4/18/2022	4/28/2021	4/30/2020
Key Financials
Total Revenue	-43	54	172	134	110	100	5
Net Income	120	51	143	157	157	147	120
EPS	2.81	0.72	2.22	2.82	3.72	3.36	3.34
Growth Rates
Total Revenue Growth	-134.1%	-68.5%	28.3%	21.8%	9.5%	1907.3%	-94.6%
Net Income Growth	22.5%	-64.3%	-9.2%	0.1%	7.0%	22.0%	101.6%
Margins
Net Income Margin	-	94.4%	83.2%	117.6%	143.1%	146.3%	2408.7%
Cash & Debt
Total Cash	67	88	120	138	67	67	300
Total Debt	43	283	97	21	64	43	53
Net Debt / (Cash)	-23	196	-24	-118	-3	-23	-247
Cash Flows
Net Cash from Operations	-	5	40	27	56	257	91
Free Cash from Operations	-	5	40	27	56	257	91
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0

$ Mil \| FY: 12/31	2020Q4	2020Q3	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Period End	12/31/2020	9/30/2020	12/31/2019	9/30/2019	6/30/2019	3/31/2019	12/31/2018
Filing Date	4/28/2021	12/31/2020	4/30/2020	4/3/2020	12/31/2019	8/5/2019	8/5/2019
Key Financials Quarterly
Total Revenue	12	20	-128	54	40	39	111
Net Income	53	16	12	39	28	41	75
EPS	1.21	0.29	0.30	1.00	0.74	1.07	1.94
Key Financials TTM
Total Revenue TTM	-43	-14	5	243	125	155	92
Net Income TTM	120	96	120	183	98	118	60
Growth Rates Quarterly
Total Revenue Growth	-71.2%	-48.7%	-215.6%	182.6%	-43.1%	264.5%	-
Net Income Growth	87.2%	-60.8%	-83.6%	185.1%	-41.6%	333.8%	-
Margins Quarterly
Net Income Margin	457.4%	80.3%	-	72.5%	70.5%	105.2%	67.5%
Cash & Debt
Total Cash	67	189	300	309	283	274	266
Total Debt	43	43	53	41	41	41	41
Net Debt / (Cash)	-23	-146	-247	-268	-242	-233	-224
Cash Flows Quarterly
FCF from Operations	-	-	22	-	-	1	-40
Cash Flows TTM
FCF from Operations TTM	-	-	-	-	-	-	-
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	2.0%	7.2%	-131.2%	72.9%	240.1%	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	-7.6%	-5.0%	-5.0%	87.9%	190.2%	-	-

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$1.02
Market Cap ($ Bil)	0.0
First Trading Date	08/05/2019
Distance from 52W High	-37.4%
	50 Days	200 Days
DMA Price	$1.02	$1.06
DMA Trend	down	indeterminate
Distance from DMA	-0.1%	-3.7%
	3M	1YR
Volatility	51.8%	54.2%
Downside Capture	-118.97	73.00
Upside Capture	-84.18	40.91
Correlation (SPY)	-12.4%	6.8%
	5D	10D
Expected Return	-0.3%	0.3%
Expected Excess Return	-3.6%	-4.2%
Chance of Rise	44.4%	47.1%
Std Dev of Returns	2.8%	2.6%

AMTD Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	-0.41	-0.40	-0.66	-0.06	0.19	0.39
Up Beta	-0.41	-0.80	0.24	-0.08	-0.20	-0.12
Down Beta	0.62	-0.56	-1.02	0.02	0.17	0.54
Up Capture	-30%	24%	-51%	-4%	31%	3%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	8	18	30	53	101	282
Down Capture	-109%	-50%	-160%	-12%	82%	103%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	8	16	24	57	121	384

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date	8152025
Short Interest: Shares Quantity	3,846
Short Interest: % Change Since 7312025	70.6%
Average Daily Volume	37,081
Days-to-Cover Short Interest	1
Basic Shares Quantity	40,095,157
Short % of Basic Shares	0.0%

SEC Filings

Expand for More

Report Date	Filing
12312024	20-F 12/31/2024
6302024	6-K 6/30/2024
12312023	20-F 12/31/2023
6302023	6-K 6/30/2023
12312022	20-F 12/31/2022
6302022	6-K 6/30/2022
12312021	20-F 12/31/2021
6302021	6-K 6/30/2021
12312020	20-F 12/31/2020
9302020	6-K 9/30/2020
12312019	20-F 12/31/2019
9302019	6-K 9/30/2019
6302019	6-K 6/30/2019
12312018	424B4 12/31/2018

Industry Resources

Financials Resources

Federal Reserve Economic Data

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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AMTD IDEA (AMTD)

Market Price (9/4/2025): $1.0 | Market Cap: $40.1 MilSector: Financials | Industry: Asset Management & Custody Banks

AMTD IDEA (AMTD)

Market Price (9/4/2025): $1.0Market Cap: $40.1 MilSector: FinancialsIndustry: Asset Management & Custody Banks

Investment Highlights

Market Valuation

Stock Price Chart

Market Cap Chart

Business Description

Price Returns Compared

Interactive Breakdown

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Latest Trefis Analyses

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1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

1 Month Top Gainers

1 Month Top Losers

Recent Active Movers

1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

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Financials

Growth & Margins

Valuation

Returns

Comparison Analyses

FDIC Bank Data

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Bank Assets

Bank Loans

Financials

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Price Behavior

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Market Price (9/4/2025): $1.0 | Market Cap: $40.1 Mil
Sector: Financials | Industry: Asset Management & Custody Banks

Market Price (9/4/2025): $1.0
Market Cap: $40.1 Mil
Sector: Financials
Industry: Asset Management & Custody Banks