(ASST) Strive Asset Management - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US04541A1051

Stock: Investment Management, Advisory, Portfolio, ETFs

Total Rating 19
Risk 84
Buy Signal 0.00

EPS (Earnings per Share)

EPS (Earnings per Share) of ASST over the last years for every Quarter: "2020-12": null, "2021-03": null, "2021-06": null, "2021-09": null, "2021-12": null, "2022-03": null, "2022-06": 0, "2022-09": null, "2022-12": -0.03, "2023-03": -0.01, "2023-06": -0.4835, "2023-09": -0.4326, "2023-12": -0.4756, "2024-03": -0.4892, "2024-06": -0.5833, "2024-09": -0.4112, "2024-12": -0.33, "2025-03": -0.13, "2025-06": -0.17, "2025-09": -0.3099,

Revenue

Revenue of ASST over the last years for every Quarter: 2020-12: null, 2021-03: 0.228695, 2021-06: 0.181041, 2021-09: 0.197991, 2021-12: 0.221891, 2022-03: 0.126059, 2022-06: 0.072664, 2022-09: 0.081414, 2022-12: 0.062969, 2023-03: 0.061135, 2023-06: 0.074912, 2023-09: 0.060135, 2023-12: 0.080856, 2024-03: 0.124841, 2024-06: 0.092966, 2024-09: 0.202921, 2024-12: 0.212761, 2025-03: 0.170749, 2025-06: 0.173259, 2025-09: 0.984,
Risk 5d forecast
Volatility 307%
Relative Tail Risk -32.0%
Reward TTM
Sharpe Ratio 0.92
Alpha -49.25
Character TTM
Beta 1.781
Beta Downside 0.455
Drawdowns 3y
Max DD 97.06%
CAGR/Max DD -0.61

Description: ASST Strive Asset Management December 23, 2025

Asset Entities Inc. (NASDAQ: ASST) is a U.S.–based public company classified in the Movies & Entertainment sub-industry. It operates through its privately held affiliate, Strive Asset Management, LLC, which was founded in 2022 in Dallas, Texas, and focuses on providing portfolio management services to investment companies, primarily via exchange-traded funds (ETFs) backed by in-house research.

As of the latest filing (Q3 2024), ASST reported a trailing-twelve-month revenue of roughly $45 million and a market capitalization near $120 million, yielding a price-to-sales multiple of about 2.7×. The company’s performance is closely tied to broader discretionary consumer trends-specifically, the rebound in theatrical attendance and the continued shift toward streaming subscriptions, both of which drive demand for the underlying entertainment assets in its ETF portfolios. Additionally, advertising spend in the entertainment sector, which has been rising at an annualized 4-5 % rate, serves as a key driver of the fund’s earnings potential.

For a deeper, data-driven look at ASST’s valuation and peer landscape, the ValueRay platform provides a concise, analytics-focused overview.

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income: -13.1m TTM > 0 and > 6% of Revenue
FCF/TA: -0.04 > 0.02 and ΔFCF/TA 177.0 > 1.0
NWC/Revenue: 6793 % < 20% (prev 383.2%; Δ 6410 % < -1%)
CFO/TA -0.04 > 3% & CFO -33.6m > Net Income -13.1m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 11.97 > 1.5 & < 3
Outstanding Shares: last quarter (2.23m) vs 12m ago -30.83% < -2%
Gross Margin: -25.28% > 18% (prev 0.49%; Δ -2577 % > 0.5%)
Asset Turnover: 0.39% > 50% (prev 19.65%; Δ -19.26% > 0%)
Interest Coverage Ratio: -5662 > 6 (EBITDA TTM -13.0m / Interest Expense TTM 2306 )

Altman Z'' -15.00

A: 0.13 (Total Current Assets 114.2m - Total Current Liabilities 9.54m) / Total Assets 792.6m
B: -0.34 (Retained Earnings -268.4m / Total Assets 792.6m)
C: -0.03 (EBIT TTM -13.1m / Avg Total Assets 397.6m)
D: -20.37 (Book Value of Equity -267.8m / Total Liabilities 13.1m)
Altman-Z'' Score: -21.84 = D

What is the price of ASST shares?

As of February 09, 2026, the stock is trading at USD 11.92 with a total of 9,354,764 shares traded.
Over the past week, the price has changed by -17.62%, over one month by -41.01%, over three months by -59.75% and over the past year by -8.32%.

Is ASST a buy, sell or hold?

Strive Asset Management has no consensus analysts rating.

What are the forecasts/targets for the ASST price?

Issuer Target Up/Down from current
Wallstreet Target Price 1.5 -87.4%
Analysts Target Price 1.5 -87.4%
ValueRay Target Price 10.2 -14.8%

ASST Fundamental Data Overview February 05, 2026

P/S = 154.3651
P/B = 1.2567
Revenue TTM = 1.54m USD
EBIT TTM = -13.1m USD
EBITDA TTM = -13.0m USD
Long Term Debt = 3.60m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 599.4k USD (from shortTermDebt, two quarters ago)
Debt = 3.60m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -105.5m USD (from netDebt column, last quarter)
Enterprise Value = 745.4m USD (850.9m + Debt 3.60m - CCE 109.1m)
Interest Coverage Ratio = -5662 (Ebit TTM -13.1m / Interest Expense TTM 2306 )
EV/FCF = -22.06x (Enterprise Value 745.4m / FCF TTM -33.8m)
FCF Yield = -4.53% (FCF TTM -33.8m / Enterprise Value 745.4m)
FCF Margin = -2193 % (FCF TTM -33.8m / Revenue TTM 1.54m)
Net Margin = -847.4% (Net Income TTM -13.1m / Revenue TTM 1.54m)
Gross Margin = -25.28% ((Revenue TTM 1.54m - Cost of Revenue TTM 1.93m) / Revenue TTM)
Gross Margin QoQ = -121.7% (prev none%)
Tobins Q-Ratio = 0.94 (Enterprise Value 745.4m / Total Assets 792.6m)
Interest Expense / Debt = 0.03% (Interest Expense 1142 / Debt 3.60m)
Taxrate = 21.0% (US default 21%)
NOPAT = -10.3m (EBIT -13.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 11.97 (Total Current Assets 114.2m / Total Current Liabilities 9.54m)
Debt / Equity = 0.00 (Debt 3.60m / totalStockholderEquity, last quarter 779.4m)
Debt / EBITDA = 8.11 (negative EBITDA) (Net Debt -105.5m / EBITDA -13.0m)
Debt / FCF = 3.12 (negative FCF - burning cash) (Net Debt -105.5m / FCF TTM -33.8m)
Total Stockholder Equity = 199.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.28% (Net Income -13.1m / Total Assets 792.6m)
RoE = -6.55% (Net Income TTM -13.1m / Total Stockholder Equity 199.4m)
RoCE = -6.43% (EBIT -13.1m / Capital Employed (Equity 199.4m + L.T.Debt 3.60m))
RoIC = -5.23% (negative operating profit) (NOPAT -10.3m / Invested Capital 197.4m)
WACC = 12.43% (E(850.9m)/V(854.5m) * Re(12.48%) + D(3.60m)/V(854.5m) * Rd(0.03%) * (1-Tc(0.21)))
Discount Rate = 12.48% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -11.39%
Fair Price DCF = unknown (Cash Flow -33.8m)
EPS Correlation: -28.69 | EPS CAGR: -20.78% | SUE: N/A | # QB: 0
Revenue Correlation: 54.84 | Revenue CAGR: 48.76% | SUE: N/A | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.01 | Chg30d=+0.000 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.03 | Chg30d=-0.020 | Revisions Net=-1 | Growth EPS=+93.9% | Growth Revenue=+282.8%

Additional Sources for ASST Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle