For a stock that is priced for a number of years in the future, one has to realize why should you stay or go in to Altisource Portfolio Solutions (ASPS) at this price.

The company is valued at $2.41bn based on Monday's close of $103. By fundamental metrics, that means a P/E of around 25, a P/S at over 4, and a P/B at over 10. Impressive numbers one must say, this was done possibly thanks to a number of reasons which I highlight below.

First of all, ASPS has head offices based in Luxembourg, which happens to be a low tax jurisdiction with ASPS's effective tax rate being less than 10%. The Luxembourg office is an office of convenience, because if you look at the job postings on the company's website, out of 182 job openings, only four are Luxembourg posts. Let's also compare ASPS to its