Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY) & AlTi Global (NASDAQ:ALTI) Critical Comparison

AlTi Global (NASDAQ:ALTI) and Grupo Financiero Banorte SAB de CV (OTCMKTS:GBOOY) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, institutional ownership, analyst recommendations, risk, valuation, dividends and profitability.

Insider & Institutional Ownership

3.6% of AlTi Global shares are owned by institutional investors. Comparatively, 0.0% of Grupo Financiero Banorte SAB de CV shares are owned by institutional investors. 10.5% of AlTi Global shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares AlTi Global and Grupo Financiero Banorte SAB de CV’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
AlTi Global	-71.93%	-6.77%	-3.52%
Grupo Financiero Banorte SAB de CV	12.92%	21.99%	2.24%

Valuation & Earnings

This table compares AlTi Global and Grupo Financiero Banorte SAB de CV”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
AlTi Global	$206.93 million	3.46	-$103.03 million	($1.81)	-2.70
Grupo Financiero Banorte SAB de CV	$22.72 billion	1.16	$3.08 billion	$5.23	8.96

Grupo Financiero Banorte SAB de CV has higher revenue and earnings than AlTi Global. AlTi Global is trading at a lower price-to-earnings ratio than Grupo Financiero Banorte SAB de CV, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

AlTi Global has a beta of 0.77, meaning that its share price is 23% less volatile than the S&P 500. Comparatively, Grupo Financiero Banorte SAB de CV has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings for AlTi Global and Grupo Financiero Banorte SAB de CV, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
AlTi Global	1	1	0	0	1.50
Grupo Financiero Banorte SAB de CV	0	0	0	0	0.00

Summary

Grupo Financiero Banorte SAB de CV beats AlTi Global 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 Grupo Financiero Banorte SAB de CV

Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing. It is also involved in investment planning, foreign currency purchase/sale, financial advice, brokerage, asset management, investment banking, letters of credit, bank guarantees, and leasing and factoring activities. In addition, the company sells mutual funds and debt and capital instruments; issues debit cards; and provides insurance services for car, home, life, medical, employee, and SMEs, as well as cash management services for collection, trustees, payroll, and lines of credit. Further, it provides online banking, POS, payment, reconciliation, documentary collection, import bills of exchange discount, International wire transfer, remittances, storage, inventory management, logistics, marketing, and payroll services. The company was founded in 1899 and is based in Mexico City, Mexico.