Alpine Income Property Trust, Inc.
Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust that seeks to deliver attractive risk-adjusted returns and dependable cash dividends by investing in, owning and operating a portfolio of single tenant net leased commercial income properties that are predominately leased to high-quality publicly traded and credit-rated tenants. The Company also complements its i… Read more
Alpine Income Property Trust, Inc. (PINE) - Net Assets
Latest net assets as of December 2025: $301.26 Million USD
Based on the latest financial reports, Alpine Income Property Trust, Inc. (PINE) has net assets worth $301.26 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($715.87 Million) and total liabilities ($414.62 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 | $301.26 Million |
| % of Total Assets | 42.08% |
| Annual Growth Rate | 12.15% |
| 5-Year Change | 32.19% |
| 10-Year Change | N/A |
| Growth Volatility | 20.0 |
Alpine Income Property Trust, Inc. - Net Assets Trend (2017–2025)
This chart illustrates how Alpine Income Property Trust, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alpine Income Property Trust, Inc. (2017–2025)
The table below shows the annual net assets of Alpine Income Property Trust, Inc. from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $301.26 Million | +8.96% |
| 2024-12-31 | $276.50 Million | +0.32% |
| 2023-12-31 | $275.61 Million | -6.69% |
| 2022-12-31 | $295.38 Million | +29.61% |
| 2021-12-31 | $227.90 Million | +52.86% |
| 2020-12-31 | $149.09 Million | -7.23% |
| 2019-12-31 | $160.71 Million | +29.40% |
| 2018-12-31 | $124.19 Million | +3.16% |
| 2017-12-31 | $120.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alpine Income Property Trust, Inc.'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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $148.00K | 0.05% |
| Other Comprehensive Income | $1.29 Million | 0.43% |
| Other Components | $299.81 Million | 99.52% |
| Total Equity | $301.26 Million | 100.00% |
Alpine Income Property Trust, Inc. Competitors by Market Cap
The table below lists competitors of Alpine Income Property Trust, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mirae Asset Life Insurance Co Ltd
KO:085620
|
$263.79 Million |
|
Delpha Construction Co Ltd
TW:2530
|
$263.82 Million |
|
Firstrand Ltd
JSE:FSR
|
$263.83 Million |
|
PT Hanjaya Mandala Sampoerna Tbk
PINK:PHJMF
|
$263.84 Million |
|
Solarvest Holdings Bhd
KLSE:0215
|
$263.73 Million |
|
NORTHEAST COMM.BANC.DL-01
F:JY4
|
$263.66 Million |
|
Surya Permata Andalan Tbk PT
JK:NATO
|
$263.60 Million |
|
Daiwa Industries Ltd
OTCGREY:DAWIF
|
$263.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alpine Income Property Trust, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 253,027,000 to 301,256,000, a change of 48,229,000 (19.1%).
- Net loss of 3,209,000 reduced equity.
- Dividend payments of 552,000 reduced retained earnings.
- Share repurchases of 8,798,000 reduced equity.
- New share issuances of 60,389,000 increased equity.
- Other comprehensive income increased equity by 10,244,000.
- Other factors decreased equity by 9,845,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.21 Million | -1.07% |
| Dividends Paid | $552.00K | -0.18% |
| Share Repurchases | $8.80 Million | -2.92% |
| Share Issuances | $60.39 Million | +20.05% |
| Other Comprehensive Income | $10.24 Million | +3.4% |
| Other Changes | $-9.85 Million | -3.27% |
| Total Change | $- | 19.06% |
Book Value vs Market Value Analysis
This analysis compares Alpine Income Property Trust, Inc.'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: 0.99x
- 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 1.46x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $13.19 | $19.26 | x |
| 2018-12-31 | $13.61 | $19.26 | x |
| 2019-12-31 | $17.40 | $19.26 | x |
| 2020-12-31 | $14.38 | $19.26 | x |
| 2021-12-31 | $17.47 | $19.26 | x |
| 2022-12-31 | $19.12 | $19.26 | x |
| 2023-12-31 | $16.11 | $19.26 | x |
| 2024-12-31 | $16.78 | $19.26 | x |
| 2025-12-31 | $19.37 | $19.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alpine Income Property Trust, Inc. 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): -1.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.30%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.38x
- Recent ROE (-1.07%) is below the historical average (2.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.34% | 33.27% | 0.07x | 1.05x | $-9.23 Million |
| 2018 | 3.23% | 34.26% | 0.09x | 1.02x | $-8.40 Million |
| 2019 | 0.55% | 5.44% | 0.09x | 1.19x | $-12.99 Million |
| 2020 | 0.78% | 5.12% | 0.07x | 2.06x | $-11.69 Million |
| 2021 | 5.07% | 33.07% | 0.06x | 2.57x | $-9.69 Million |
| 2022 | 11.36% | 65.77% | 0.08x | 2.19x | $3.56 Million |
| 2023 | 1.16% | 6.39% | 0.08x | 2.25x | $-22.16 Million |
| 2024 | 0.82% | 3.96% | 0.09x | 2.39x | $-23.24 Million |
| 2025 | -1.07% | -5.30% | 0.08x | 2.38x | $-33.33 Million |
Industry Comparison
This section compares Alpine Income Property Trust, Inc.'s net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $22,048,860,627
- Average return on equity (ROE) among peers: 3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alpine Income Property Trust, Inc. (PINE) | $301.26 Million | 2.34% | 1.38x | $263.79 Million |
| Agree Realty Corporation (ADC) | $137.98 Million | 10.88% | 0.90x | $9.41 Billion |
| AEORF (AEORF) | $210.91 Billion | 5.61% | 0.83x | $1.34 Billion |
| Acadia Realty Trust (AKR) | $83.00 Million | 4.58% | 2.01x | $2.69 Billion |
| Alexander & Baldwin Holdings Inc (ALEX) | $1.07 Billion | 3.30% | 0.75x | $1.50 Billion |
| Alexanders Inc (ALX) | $50.92 Million | -34.84% | 17.09x | $515.62 Million |
| Saul Centers Inc (BFS) | $-4.60 Million | 0.00% | 0.00x | $453.57 Million |
| Brixmor Property (BRX) | $2.72 Billion | 9.94% | 2.08x | $8.61 Billion |
| CBL & Associates Properties Inc (CBL) | $1.08 Billion | 10.83% | 4.49x | $694.28 Million |
| Capital & Counties Properties PLC (CCPPF) | $2.51 Billion | 17.90% | 0.23x | $1.88 Billion |
| CapitaLand China Trust (CLDHF) | $1.93 Billion | 4.63% | 1.02x | $745.61 Million |