Ridgepost Capital Inc RPC

FinancialsInvestment Banking & Investment ServicesUnited States of America

Last close 9.29 USD on Nov 1, 2026, −4.7% year to date

Quant rating

Quant rating B Rank 123 of 799 in Financials

Growth A 66 of 799
Valuation B 228 of 799
Quality B 227 of 799
Revisions B 253 of 799
Momentum B 307 of 799

Wall Street consensus Buy (2.00)Average target 12.33 USD +32.8%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 1.0B
Enterprise value: 1.6B
52-week range: 6.85 – 11.46
3-year range: 6.85 – 14.17
Dividend yield: 1.74%
Beta (5 years): 0.88
Shares outstanding: 110M
Next earnings: Nov 6, 2026

About the company

Ridgepost Capital, Inc., formerly P10, Inc., is a multi-asset class private markets solutions provider in the alternative asset management industry. The Company provides its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. The Company structures, manages and monitors portfolios of private market investments, which include specialized funds and customized separate accounts within primary investment funds, secondary investments, direct investments and co-investments (collectively specialized investment vehicles) across highly attractive asset classes and geographies in the middle and lower middle markets. Its portfolio of private solutions includes Private Equity, Venture Capital, and Private Credit. It has a global investor base of over 5,000 investors, across 50 states, 60 countries and six continents, including pension funds, endowments, foundations, corporate pensions and financial institutions.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	297	296	242	198	151	–
Revenue growth	0.3%	22.6%	21.9%	31.8%	123.5%	34.6%
EPS (basic, normalized)	0.92	1.00	0.82	0.80	0.56	–
EPS growth	−8.0%	22.0%	2.5%	42.9%	–	–
Gross margin	–	–	–	–	–	–
Net margin	6.6%	6.3%	−3.0%	14.7%	6.1%	6.1%
ROE	–	32.8%	–	15.5%	27.6%	25.3%

Balance sheet, last quarter
Cash & short-term investments (mil)	36.6
Current ratio	1.01x
Long-term debt (mil)	491
Net debt (mil)	604
Total equity (mil)	367
Net debt / equity	1.64x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2025 actual	297	+0.3%	5.4x	3.21	−8.7%	2.9x	0.92	−8.0%	10.1x
2026	354	+19.2%	4.6x	3.83	+19.3%	2.4x	1.01	+9.3%	9.2x
2027	419	+18.2%	3.9x	4.29	+12.0%	2.2x	1.15	+14.1%	8.1x
2028	457	+9.2%	3.5x	7.01	+63.6%	1.3x	1.31	+14.6%	7.1x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	354	+0.2%	+2.3%	+3.7%	1.01	+0.6%	−2.7%	−1.3%
2027	419	−0.7%	+2.7%	+5.7%	1.15	−0.2%	−4.4%	−4.1%
2028	457	+3.0%	+1.2%	+7.9%	1.31	+11.4%	−5.1%	−1.1%

Earnings surprises EPS beat in 4 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	66.1	71.1	74.2	85.0	67.7	72.7	75.9	81.0	75.0	80.9
Sales mean (mil)	64.0	65.9	67.0	73.9	69.5	71.2	77.7	78.6	76.8	80.8
Surprise	+3.4%	+7.9%	+10.9%	+15.1%	−2.6%	+2.0%	−2.2%	+3.1%	−2.2%	+0.1%
EPS reported	0.21	0.24	0.26	0.30	0.20	0.23	0.24	0.26	0.22	0.24
EPS mean	0.19	0.20	0.20	0.26	0.21	0.20	0.23	0.24	0.21	0.23
Surprise	+11.2%	+22.0%	+28.2%	+14.6%	−2.9%	+13.4%	+3.2%	+7.9%	+5.9%	+5.6%

Peer comparison Investment Banking & Investment Services

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
RPC Ridgepost Capital Inc	1.0B	–	6.6%	2.77x	9.2x	8.1x	11.5x	9.0x
BLK BlackRock, Inc.	186.1B	–	22.9%	3.09x	19.8x	17.6x	14.4x	12.7x
SCHW The Charles Schwab Corporation	152.3B	–	30.4%	3.03x	13.7x	11.3x	24.3x	20.6x
BX Blackstone Inc.	142.7B	2.66x	20.9%	10.19x	20.1x	16.2x	18.2x	14.6x
CME CME Group Inc.	108.5B	0.25x	33.6%	4.08x	24.4x	22.9x	21.7x	20.6x
BN Brookfield Corporation	96.3B	–	1.5%	1.88x	13.8x	11.0x	37.1x	43.2x
Mean		1.45x	19.3%	4.17x	16.8x	14.5x	21.2x	20.1x
Median		1.45x	21.9%	3.06x	16.8x	13.7x	19.9x	17.6x

Technical analysis

1M+25.8%
3M+5.0%
1Y−13.7%
3Y+6.0%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Ridgepost Capital Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	297	296	242	198	151	67.4
Cost of revenue	–	–	–	–	–	–
Gross profit	297	296	242	198	151	67.4
Selling, general & administrative expenses	204	206	190	126	76.1	43.2
Research & development	–	–	–	–	–	–
Depreciation/amortization	23.8	25.6	29.2	26.9	30.4	15.5
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	–	–	–	0	15.3	–
Other operating expenses	3.6	4.7	2.1	2.4	3.6	0
Operating income	65.5	60.6	20.9	43.4	25.0	8.7
Net interest income (expense)	−27.3	−25.5	−21.9	−9.5	−22.2	−11.7
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	−5.8	−6.7	−2.2	1.5	0.8	0
Net income before taxes	32.4	28.4	−3.1	35.5	3.7	−3.0
Provision for taxes	9.4	8.7	4.6	6.1	−7.1	−26.8
Minority interest	−3.5	−1.0	0.6	−0.2	−1.6	−0.7
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	19.5	18.7	−7.1	29.2	9.2	23.1
Extraordinary items	–	–	–	–	–	–
Net income	19.5	18.7	−7.1	29.2	9.2	23.1
EBIT, normalized	91.2	78.1	34.8	53.0	40.3	8.7
EBITDA, normalized	117	105	64.8	80.4	71.0	24.3
Basic EPS, normalized	0.92	1.00	0.82	0.80	0.56	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Ridgepost Capital Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	28.2	67.5	30.5	20.0	40.9	11.8
Receivables	34.2	39.8	26.4	20.8	4.6	2.5
Total inventory	–	–	–	–	–	–
Prepaid expenses	19.5	5.1	15.0	5.1	4.8	3.4
Other current assets	0.7	0.7	1.6	9.5	2.6	1.0
Total current assets	82.5	113	73.4	55.4	52.9	18.6
Property, plant & equipment	33.5	24.3	20.4	18.8	15.8	7.6
Goodwill	559	506	506	507	419	370
Intangibles	107	97.6	123	152	129	144
Long-term investments	1.4	2.8	1.7	2.3	1.8	2.2
Note receivable	100.0	81.9	57.7	36.5	13.1	2.7
Other long-term assets	44.6	43.6	51.6	54.9	45.2	37.6
Total assets	928	869	834	826	676	582
Liabilities
Accounts payable	–	–	1.5	2.6	0.4	1.1
Payable/accrued	26.2	30.2	–	–	–	–
Accrued expenses	50.6	93.4	74.9	41.3	12.5	12.5
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	–	–	–	–	–	–
Other current liabilities	21.7	16.2	15.7	23.5	17.0	12.8
Total current liabilities	98.5	140	92.1	67.4	29.9	26.4
Long-term debt	373	320	290	289	212	290
Minority interest	52.1	39.9	39.6	40.7	0	198
Other liabilities	53.2	22.8	27.0	35.9	38.7	7.7
Total liabilities	577	522	448	433	281	523
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	0.1	0.1	0.1	0.1	0.1	0.1
Additional paid-in capital	666	638	636	629	650	324
Retained earnings (accumulated deficit)	−195	−214	−233	−226	−255	−264
Treasury stock	−124	−76.6	−17.6	−9.9	−0.3	−0.3
Other equity	4.3	0	0	0	0	0
Total equity	351	347	386	393	395	59.8
Total liabilities & shareholders' equity	928	869	834	826	676	582

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Ridgepost Capital Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	23.0	19.7	−7.8	29.4	10.8	23.8
Depreciation, depletion & amortization	25.7	26.6	30.0	27.4	30.7	15.6
Deferred taxes	6.7	4.0	3.8	3.7	−8.1	–
Non-cash items	49.6	42.9	38.0	20.6	22.6	−27.5
Changes in working capital	−81.9	7.8	−16.3	−19.4	−6.9	−1.2
Cash from operations	23.0	101	47.7	61.7	49.0	10.7
Investing activities
Capital expenditures	−5.1	−4.7	−1.5	−1.5	−0.2	0
Other investing cash flows	−37.6	−1.1	−0.8	−97.1	−47.2	−214
Cash from investing	−42.7	−5.8	−2.2	−98.6	−47.4	−214
Financing activities
Financing cash flow items	1.0	−6.9	−8.6	−9.2	121	42.3
Cash dividends paid	−16.3	−15.5	−14.8	−10.5	−2.3	–
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−4.3	−36.7	−19.5	42.7	−89.5	155
Cash from financing	−19.7	−59.1	−42.9	22.9	29.1	197
Foreign exchange effects	0.2	–	–	–	–	–
Net change in cash	−39.2	36.1	2.6	−14.0	30.7	−6.7
Free cash flow	17.9	96.2	46.2	60.2	48.9	10.6

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.