Apax Global Alpha Ltd (APAX) - Net Assets
Based on the latest financial reports, Apax Global Alpha Ltd (APAX) has net assets worth GBX1.11 Billion GBX (≈ $134.74K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX1.11 Billion ≈ $134.89K USD) and total liabilities (GBX1.25 Million ≈ $152.21 USD). 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. Read APAX total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX1.11 Billion |
| % of Total Assets | 99.89% |
| Annual Growth Rate | 116.19% |
| 5-Year Change | 2.0% |
| 10-Year Change | 30.98% |
| Growth Volatility | 219320.67 |
Apax Global Alpha Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Apax Global Alpha Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Apax Global Alpha Ltd for the complete picture of this company's asset base.
Annual Net Assets for Apax Global Alpha Ltd (2012–2024)
The table below shows the annual net assets of Apax Global Alpha Ltd from 2012 to 2024. For live valuation and market cap data, see APAX market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX1.23 Billion ≈ $149.25K |
-5.21% |
| 2023-12-31 | GBX1.29 Billion ≈ $157.46K |
-0.40% |
| 2022-12-31 | GBX1.30 Billion ≈ $158.10K |
-12.80% |
| 2021-12-31 | GBX1.49 Billion ≈ $181.30K |
+23.90% |
| 2020-12-31 | GBX1.20 Billion ≈ $146.33K |
+9.44% |
| 2019-12-31 | GBX1.10 Billion ≈ $133.71K |
+18.07% |
| 2018-12-31 | GBX930.77 Million ≈ $113.25K |
+0.09% |
| 2017-12-31 | GBX929.92 Million ≈ $113.14K |
-2.33% |
| 2016-12-31 | GBX952.12 Million ≈ $115.85K |
+1.66% |
| 2015-12-31 | GBX936.53 Million ≈ $113.95K |
+793535.02% |
| 2014-12-31 | GBX118.00K ≈ $14.36 |
+0.24% |
| 2013-12-31 | GBX117.72K ≈ $14.32 |
+0.05% |
| 2012-12-31 | GBX117.66K ≈ $14.32 |
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Equity Component Analysis
This analysis shows how different components contribute to Apax Global Alpha Ltd'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 102841279.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX357.89 Million | 29.18% |
| Common Stock | GBX873.80 Million | 71.23% |
| Total Equity | GBX1.23 Billion | 100.00% |
Apax Global Alpha Ltd Competitors by Market Cap
The table below lists competitors of Apax Global Alpha Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Banka BioLoo Limited
NSE:BANKA
|
$9.67 Million |
|
VERSES AI Inc.
NEO:VERS
|
$9.67 Million |
|
Sahakol Equipment Public Company Limited
BK:SQ
|
$9.67 Million |
|
Cinevista Limited
NSE:CINEVISTA
|
$9.67 Million |
|
Medirom Healthcare Technologies Inc
NASDAQ:MRM
|
$9.64 Million |
|
Phoenix New Media Limited
NYSE:FENG
|
$9.64 Million |
|
Novatti Group Ltd
AU:NOV
|
$9.64 Million |
|
Asra Minerals Ltd
AU:ASR
|
$9.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Apax Global Alpha Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,294,164,000 to 1,226,688,000, a change of -67,476,000 (-5.2%).
- Net income of 8,418,000 contributed positively to equity growth.
- Dividend payments of 64,556,000 reduced retained earnings.
- Share repurchases of 11,411,000 reduced equity.
- Other comprehensive income decreased equity by 6,576,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX8.42 Million | +0.69% |
| Dividends Paid | GBX64.56 Million | -5.26% |
| Share Repurchases | GBX11.41 Million | -0.93% |
| Other Comprehensive Income | GBX-6.58 Million | -0.54% |
| Other Changes | GBX6.65 Million | +0.54% |
| Total Change | GBX- | -5.21% |
Book Value vs Market Value Analysis
This analysis compares Apax Global Alpha Ltd'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: 65.82x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 643553.00x to 65.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | GBX0.00 | GBX164.40 | x |
| 2013-12-31 | GBX0.00 | GBX164.40 | x |
| 2014-12-31 | GBX0.00 | GBX164.40 | x |
| 2015-12-31 | GBX1.91 | GBX164.40 | x |
| 2016-12-31 | GBX1.93 | GBX164.40 | x |
| 2017-12-31 | GBX1.89 | GBX164.40 | x |
| 2018-12-31 | GBX1.90 | GBX164.40 | x |
| 2019-12-31 | GBX2.24 | GBX164.40 | x |
| 2020-12-31 | GBX2.45 | GBX164.40 | x |
| 2021-12-31 | GBX3.03 | GBX164.40 | x |
| 2022-12-31 | GBX2.65 | GBX164.40 | x |
| 2023-12-31 | GBX2.62 | GBX164.40 | x |
| 2024-12-31 | GBX2.50 | GBX164.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Apax Global Alpha Ltd 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): 0.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 57.27%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.00x
- Recent ROE (0.69%) is below the historical average (10318.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 43199.58% | 99.56% | 0.07x | 6316.10x | GBX50.82 Million |
| 2013 | 14939.08% | 98.49% | 0.02x | 6470.01x | GBX17.57 Million |
| 2014 | 75922.89% | 95.28% | 0.11x | 7046.72x | GBX89.58 Million |
| 2015 | 6.38% | 79.58% | 0.08x | 1.00x | GBX-33.94 Million |
| 2016 | 6.42% | 94.10% | 0.07x | 1.00x | GBX-34.05 Million |
| 2017 | 2.21% | 85.27% | 0.03x | 1.00x | GBX-72.49 Million |
| 2018 | 6.98% | 95.07% | 0.07x | 1.00x | GBX-28.13 Million |
| 2019 | 19.19% | 98.11% | 0.19x | 1.01x | GBX101.04 Million |
| 2020 | 13.49% | 97.46% | 0.13x | 1.03x | GBX41.86 Million |
| 2021 | 23.15% | 98.52% | 0.23x | 1.00x | GBX195.90 Million |
| 2022 | -8.47% | 0.00% | -0.08x | 1.01x | GBX-239.97 Million |
| 2023 | 4.13% | 79.70% | 0.05x | 1.01x | GBX-75.94 Million |
| 2024 | 0.69% | 57.27% | 0.01x | 1.00x | GBX-114.25 Million |
Industry Comparison
This section compares Apax Global Alpha Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $745,852,800
- Average return on equity (ROE) among peers: 2.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Apax Global Alpha Ltd (APAX) | GBX1.11 Billion | 43199.58% | 0.00x | $9.65 Million |
| 3I Infrastructure PLC (3IN) | $1.20 Billion | 4.98% | 0.15x | $42.14 Million |
| Albion Enterprise VCT PLC (AAEV) | $61.87 Million | 11.55% | 0.03x | $3.29 Million |
| abrdn Asian Income Fund Limited (AAIF) | $431.87 Million | 14.17% | 0.08x | $5.17 Million |
| Abrdn Asia Focus PLC (AAS) | $98.67 Million | 9.82% | 0.09x | $7.49 Million |
| Albion Technology & General VCT PLC (AATG) | $64.83 Million | 5.63% | 0.01x | $3.22 Million |
| Abrdn PLC (ABDN) | $4.56 Billion | 10.22% | 39.48x | $45.21 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $426.87 Million | 6.29% | 0.20x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $69.67 Million | -2.91% | 0.02x | $261.59K |
| Aquila European Renewables Income PLC (AERI) | $372.54 Million | -8.03% | 0.00x | $79.35 Million |
| Artemis UK Future Leaders plc (AFL) | $174.91 Million | -21.80% | 0.02x | $415.29 |
About Apax Global Alpha Ltd
Apax Global Alpha Limited specializes in fund of funds investments. It seeks to invest in public, private debt, and equity investments. Under fund of funds, the fund seeks to invest in private equity funds managed by Apax Partners. It also makes derived investments which are investments in equities and debt derived from the insights gained via Apax' Private Equity activities. It avoids investment… Read more