Patria Investments/$PAX
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Patria Investments
Patria Investments Ltd is an alternative asset management firm specializing in resilient sectors across select regions. It seeks to provide world-wide and Latin American investors with attractive investment products that allows portfolio diversification and consistent returns. The group promotes inclusive and sustainable development in the Asset Classes: Private Equity, Private Equity Solutions, Credit, Real Estate, Infrastructure, and Public Equities Main sectors: Agribusiness, Power & Energy, Healthcare, Logistics & Transportations, Food & Beverage and Digital & Tech Services Investment Regions.
- Ticker
- $PAX
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- -
- Headquarters
- Sausalito, United States
- Website
- www.patria.com
PAX Metrics
BasicAdvanced
$1.5B
21.64
$0.43
0.78
$0.63
6.99%
Price and volume
Market cap
$1.5B
Beta
0.78
52-week high
$17.80
52-week low
$9.25
Average daily volume
1.3M
Dividend rate
$0.63
Financial strength
Current ratio
1.035
Quick ratio
0.933
Long term debt to equity
0.57
Total debt to equity
0.573
Dividend payout ratio (TTM)
140.67%
Interest coverage (TTM)
6.13%
Profitability
EBITDA (TTM)
180.754
Gross margin (TTM)
56.82%
Net profit margin (TTM)
16.31%
Operating margin (TTM)
34.55%
Effective tax rate (TTM)
11.00%
Management effectiveness
Return on assets (TTM)
5.63%
Return on equity (TTM)
12.88%
Valuation
Price to earnings (TTM)
21.644
Price to revenue (TTM)
3.483
Price to book
2.68
Price to tangible book (TTM)
-3.02
Price to free cash flow (TTM)
9.726
Free cash flow yield (TTM)
10.28%
Free cash flow per share (TTM)
0.956
Dividend yield (TTM)
6.72%
Forward dividend yield
6.99%
Growth
Revenue change (TTM)
7.71%
Earnings per share change (TTM)
-19.79%
3-year revenue growth (CAGR)
12.50%
3-year earnings per share growth (CAGR)
-17.16%
3-year dividend per share growth (CAGR)
-11.18%
What the Analysts think about PAX
Analyst ratings (Buy, Hold, Sell) for Patria Investments stock.
Analyst projections of the future price of Patria Investments stock.
Bulls say / Bears say
In Q2, fundraising reached $2.3 billion and fee-earning AUM grew 32% year on year to $48.9 billion; fee-related earnings rose 24%. That growth supports management’s $225–245 million full-year FRE guidance. (Patria Investments)
A $1 billion sovereign wealth fund mandate and $4 billion of pending fee-earning AUM provide a potential runway for future fees. Around 22% of fee-earning AUM is in permanent-capital vehicles, adding a more stable funding base. (The Motley Fool)
A recent valuation analysis put PAX at 7.8–8.45 times 2026 fee-related earnings, with a dividend yield of about 5.5%, while the company targets further FRE growth. If earnings and the dividend hold up, the low multiple could leave room for a re-rating. (Seeking Alpha)
Q2 FRE margin was 54%, and management expects the 2026 margin to come in modestly below its 58–60% target. Recently acquired businesses have lower margins, so integration and cost savings need to deliver before operating leverage improves. (The Motley Fool)
Patria acknowledged that older buyout Funds IV and V had performed poorly and were marked down after difficult market conditions. Weak investment outcomes can delay exits and limit performance-fee income. (The Motley Fool, Valor International)
For the first half, net income fell to $19.2 million from $30.7 million a year earlier, while operating cash flow dropped to $71.7 million from $175.5 million. That divergence from rising service revenue raises questions about cash conversion and earnings quality. (StockTitan)
Data summarised monthly by Lightyear AI. Last updated on 26 Oct 2026.
PAX Financial Performance
Revenues and expenses
PAX Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing PAX
Fund name | Fund size | $PAX weighting |
|---|---|---|
SPDR MSCI Emerging Markets Small Cap£EMSM | $647M | 0.04% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.02% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.02% |
iShares MSCI EM IMI Screened£SEGM | $6.6B | 0.01% |
iShares MSCI EM IMI Screened€AYEM | $6.6B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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