Alpha Trust Andromeda Investment Trust S.A
Alpha Trust Andromeda Investment Trust S.A. is a closed-end balanced mutual fund launched and managed by Alpha Trust M.F.M. S.A. It invests in the public equity and fixed income markets of Greece. The fund focuses on investments across diversified sectors. It invests in stocks of companies across all market capitalizations. Alpha Trust Andromeda Investment Trust S.A was formed in July 25, 2000 an… Read more
Alpha Trust Andromeda Investment Trust S.A (ANDRO) - Net Assets
Latest net assets as of September 2025: €34.40 Million EUR
Based on the latest financial reports, Alpha Trust Andromeda Investment Trust S.A (ANDRO) has net assets worth €34.40 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€36.66 Million) and total liabilities (€2.26 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €34.40 Million |
| % of Total Assets | 93.85% |
| Annual Growth Rate | 12.47% |
| 5-Year Change | 140.71% |
| 10-Year Change | 265.22% |
| Growth Volatility | 19.08 |
Alpha Trust Andromeda Investment Trust S.A - Net Assets Trend (2014–2024)
This chart illustrates how Alpha Trust Andromeda Investment Trust S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alpha Trust Andromeda Investment Trust S.A (2014–2024)
The table below shows the annual net assets of Alpha Trust Andromeda Investment Trust S.A from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €30.19 Million | +4.71% |
| 2023-12-31 | €28.83 Million | +19.25% |
| 2022-12-31 | €24.18 Million | +62.19% |
| 2021-12-31 | €14.91 Million | +18.86% |
| 2020-12-31 | €12.54 Million | +3.67% |
| 2019-12-31 | €12.10 Million | +17.04% |
| 2018-12-31 | €10.34 Million | -4.58% |
| 2017-12-31 | €10.83 Million | +20.89% |
| 2016-12-31 | €8.96 Million | +8.41% |
| 2015-12-31 | €8.27 Million | -11.31% |
| 2014-12-31 | €9.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alpha Trust Andromeda Investment Trust S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 505.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €9.73 Million | 32.22% |
| Other Components | €20.46 Million | 67.78% |
| Total Equity | €30.19 Million | 100.00% |
Alpha Trust Andromeda Investment Trust S.A Competitors by Market Cap
The table below lists competitors of Alpha Trust Andromeda Investment Trust S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENMT4F
SA:ENMT4F
|
$83.74K |
|
Tetra Bio-Pharma Inc.
PINK:TBPMQ
|
$83.75K |
|
CORRIDOR RESOURCES
MU:C6V
|
$83.83K |
|
SOND6F
SA:SOND6F
|
$83.85K |
|
XPS Pensions Group PLC
LSE:XPS
|
$83.71K |
|
CI Com SA
SW:CIE
|
$83.71K |
|
TOKYU CONSTRUCTION
MU:TCW
|
$83.62K |
|
BPAC11F
SA:BPAC11F
|
$83.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alpha Trust Andromeda Investment Trust S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,832,379 to 30,190,977, a change of 1,358,598 (4.7%).
- Net income of 2,715,592 contributed positively to equity growth.
- Dividend payments of 1,694,205 reduced retained earnings.
- Share repurchases of 113,132 reduced equity.
- New share issuances of 471,604 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.72 Million | +8.99% |
| Dividends Paid | €1.69 Million | -5.61% |
| Share Repurchases | €113.13K | -0.37% |
| Share Issuances | €471.60K | +1.56% |
| Other Changes | €-21.26K | -0.07% |
| Total Change | €- | 4.71% |
Book Value vs Market Value Analysis
This analysis compares Alpha Trust Andromeda Investment Trust S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.28x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €6.41 | €8.18 | x |
| 2019-12-31 | €7.51 | €8.18 | x |
| 2020-12-31 | €7.90 | €8.18 | x |
| 2021-12-31 | €9.24 | €8.18 | x |
| 2022-12-31 | €7.00 | €8.18 | x |
| 2023-12-31 | €8.38 | €8.18 | x |
| 2024-12-31 | €8.73 | €8.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alpha Trust Andromeda Investment Trust S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 67.44%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.03x
- Recent ROE (8.99%) is above the historical average (6.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -16.82% | 0.00% | -0.11x | 1.02x | €-2.50 Million |
| 2015 | -12.75% | 0.00% | -0.07x | 1.02x | €-1.88 Million |
| 2016 | 7.85% | 58.50% | 0.13x | 1.03x | €-192.32K |
| 2017 | 19.39% | 66.07% | 0.28x | 1.06x | €1.02 Million |
| 2018 | -1.89% | 0.00% | -0.01x | 1.02x | €-1.23 Million |
| 2019 | 19.66% | 59.50% | 0.29x | 1.13x | €1.17 Million |
| 2020 | 7.00% | 0.00% | -0.04x | 1.04x | €-376.21K |
| 2021 | 20.87% | 66.03% | 0.29x | 1.09x | €1.62 Million |
| 2022 | -4.69% | 0.00% | -0.01x | 1.01x | €-3.55 Million |
| 2023 | 22.21% | 71.74% | 0.29x | 1.06x | €3.52 Million |
| 2024 | 8.99% | 67.44% | 0.13x | 1.03x | €-303.51K |
Industry Comparison
This section compares Alpha Trust Andromeda Investment Trust S.A's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $26,168,114
- Average return on equity (ROE) among peers: 11.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alpha Trust Andromeda Investment Trust S.A (ANDRO) | €34.40 Million | -16.82% | 0.07x | $83.71K |
| Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A (ATRUST) | $4.88 Million | 0.32% | 0.93x | $149.43K |
| Centric Holdings S.A (CENTR) | $26.04 Million | 10.56% | 0.34x | $12.40 Million |
| Phoenix Vega Mezz PLC (PVMEZZ) | $47.59 Million | 23.52% | 0.00x | $515.61 |