Alpine Select AG
Alpine Select AG is a publicly owned hedge fund manager. It provides its services to institutional and individual investors. It invests in the public equity markets across the globe. It invests in diversified alternative investment portfolios. The firm employs discount-, risk- arbitrage, tactical exploitation strategies. Alpine Select AG was founded in September 1997 and is based in Zug, Switzerl… Read more
Alpine Select AG (ALPN) - Net Assets
Latest net assets as of June 2025: CHF68.23 Million CHF
Based on the latest financial reports, Alpine Select AG (ALPN) has net assets worth CHF68.23 Million CHF as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF68.47 Million) and total liabilities (CHF236.00K). 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 | CHF68.23 Million |
| % of Total Assets | 99.66% |
| Annual Growth Rate | -1.39% |
| 5-Year Change | -48.93% |
| 10-Year Change | -71.73% |
| Growth Volatility | 24.85 |
Alpine Select AG - Net Assets Trend (2002–2024)
This chart illustrates how Alpine Select AG'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 Select AG (2002–2024)
The table below shows the annual net assets of Alpine Select AG from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CHF67.68 Million | -2.26% |
| 2023-12-31 | CHF69.24 Million | -37.50% |
| 2022-12-31 | CHF110.78 Million | -27.55% |
| 2021-12-31 | CHF152.91 Million | +15.40% |
| 2020-12-31 | CHF132.51 Million | -12.91% |
| 2019-12-31 | CHF152.14 Million | +5.01% |
| 2018-12-31 | CHF144.88 Million | -20.29% |
| 2017-12-31 | CHF181.76 Million | -0.67% |
| 2016-12-31 | CHF182.99 Million | -23.56% |
| 2015-12-31 | CHF239.38 Million | +0.02% |
| 2014-12-31 | CHF239.32 Million | +4.19% |
| 2013-12-31 | CHF229.70 Million | +19.63% |
| 2012-12-31 | CHF192.01 Million | -0.38% |
| 2011-12-31 | CHF192.75 Million | -8.64% |
| 2010-12-31 | CHF210.98 Million | +29.94% |
| 2009-12-31 | CHF162.37 Million | +7.61% |
| 2008-12-31 | CHF150.88 Million | -47.42% |
| 2007-12-31 | CHF286.94 Million | +2.74% |
| 2006-12-31 | CHF279.28 Million | +63.03% |
| 2005-12-31 | CHF171.30 Million | +34.48% |
| 2004-12-31 | CHF127.38 Million | +35.11% |
| 2003-12-31 | CHF94.28 Million | +2.33% |
| 2002-12-31 | CHF92.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alpine Select AG'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 114.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CHF52.87 Million | 78.12% |
| Common Stock | CHF174.00K | 0.26% |
| Other Components | CHF14.64 Million | 21.63% |
| Total Equity | CHF67.68 Million | 100.00% |
Alpine Select AG Competitors by Market Cap
The table below lists competitors of Alpine Select AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ora Gold Ltd
AU:OAU
|
$15.03 Million |
|
Future Metals NL
PINK:FMELF
|
$15.04 Million |
|
Alisa Pankki Oyj
HE:ALISA
|
$15.05 Million |
|
Park Elektrik Uretim Madencilik Sanayi ve Ticaret AS
IS:PRKME
|
$15.05 Million |
|
Intensity Therapeutics, Inc. Common stock
NASDAQ:INTS
|
$15.03 Million |
|
Firetail Resources Ltd
AU:FTL
|
$15.03 Million |
|
Hopscotch Groupe S.A.
PA:ALHOP
|
$15.03 Million |
|
Enero Group Ltd
AU:EGG
|
$15.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alpine Select AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 67,212,000 to 67,677,000, a change of 465,000 (0.7%).
- Net income of 1,216,000 contributed positively to equity growth.
- Share repurchases of 752,000 reduced equity.
- Other comprehensive income decreased equity by 15,388,000.
- Other factors increased equity by 15,389,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF1.22 Million | +1.8% |
| Share Repurchases | CHF752.00K | -1.11% |
| Other Comprehensive Income | CHF-15.39 Million | -22.74% |
| Other Changes | CHF15.39 Million | +22.74% |
| Total Change | CHF- | 0.69% |
Book Value vs Market Value Analysis
This analysis compares Alpine Select AG'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: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.84x to 1.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | CHF10.58 | CHF8.85 | x |
| 2003-12-31 | CHF12.03 | CHF8.85 | x |
| 2004-12-31 | CHF15.45 | CHF8.85 | x |
| 2005-12-31 | CHF18.57 | CHF8.85 | x |
| 2006-12-31 | CHF23.85 | CHF8.85 | x |
| 2007-12-31 | CHF18.09 | CHF8.85 | x |
| 2008-12-31 | CHF9.99 | CHF8.85 | x |
| 2009-12-31 | CHF12.22 | CHF8.85 | x |
| 2010-12-31 | CHF16.57 | CHF8.85 | x |
| 2011-12-31 | CHF15.35 | CHF8.85 | x |
| 2012-12-31 | CHF15.71 | CHF8.85 | x |
| 2013-12-31 | CHF17.49 | CHF8.85 | x |
| 2014-12-31 | CHF17.86 | CHF8.85 | x |
| 2015-12-31 | CHF17.33 | CHF8.85 | x |
| 2016-12-31 | CHF12.88 | CHF8.85 | x |
| 2017-12-31 | CHF16.22 | CHF8.85 | x |
| 2018-12-31 | CHF12.95 | CHF8.85 | x |
| 2019-12-31 | CHF13.46 | CHF8.85 | x |
| 2020-12-31 | CHF13.64 | CHF8.85 | x |
| 2021-12-31 | CHF15.95 | CHF8.85 | x |
| 2022-12-31 | CHF11.71 | CHF8.85 | x |
| 2023-12-31 | CHF7.69 | CHF8.85 | x |
| 2024-12-31 | CHF7.80 | CHF8.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alpine Select AG 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): 1.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 47.48%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.02x
- Recent ROE (1.80%) is below the historical average (4.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 15.07% | 71.23% | 0.21x | 1.02x | CHF4.68 Million |
| 2003 | 30.61% | 91.67% | 0.19x | 1.71x | CHF19.43 Million |
| 2004 | 13.92% | 81.14% | 0.11x | 1.49x | CHF4.99 Million |
| 2005 | 8.30% | 73.78% | 0.08x | 1.43x | CHF-2.91 Million |
| 2006 | 14.78% | 78.62% | 0.17x | 1.10x | CHF13.36 Million |
| 2007 | 2.62% | 72.84% | 0.04x | 1.02x | CHF-21.17 Million |
| 2008 | -69.57% | -8667.88% | 0.01x | 1.00x | CHF-120.06 Million |
| 2009 | 13.01% | 3698.60% | 0.00x | 1.00x | CHF4.88 Million |
| 2010 | 25.20% | 101.94% | 0.25x | 1.00x | CHF32.07 Million |
| 2011 | 4.65% | 1119.35% | 0.00x | 1.08x | CHF-10.31 Million |
| 2012 | 8.56% | 90.12% | 0.09x | 1.00x | CHF-2.77 Million |
| 2013 | 13.52% | 84.93% | 0.16x | 1.02x | CHF7.99 Million |
| 2014 | 8.46% | 91.41% | 0.09x | 1.09x | CHF-3.68 Million |
| 2015 | -1.31% | -452.23% | 0.00x | 1.01x | CHF-27.08 Million |
| 2016 | 5.83% | 80.79% | 0.06x | 1.18x | CHF-7.64 Million |
| 2017 | 17.84% | 95.22% | 0.18x | 1.03x | CHF14.25 Million |
| 2018 | -10.91% | 0.00% | -0.09x | 1.11x | CHF-30.29 Million |
| 2019 | 10.00% | 76.22% | 0.12x | 1.13x | CHF3.60K |
| 2020 | 4.89% | 68.42% | 0.07x | 1.08x | CHF-6.40 Million |
| 2021 | 16.28% | 82.02% | 0.18x | 1.13x | CHF8.92 Million |
| 2022 | -28.93% | 0.00% | -0.25x | 1.11x | CHF-40.33 Million |
| 2023 | -0.63% | -30.69% | 0.02x | 1.06x | CHF-7.14 Million |
| 2024 | 1.80% | 47.48% | 0.04x | 1.02x | CHF-5.55 Million |
Industry Comparison
This section compares Alpine Select AG's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,169,458,081
- Average return on equity (ROE) among peers: 15.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alpine Select AG (ALPN) | CHF68.23 Million | 15.07% | 0.00x | $15.03 Million |
| Julius Baer Gruppe AG (BAER) | $4.31 Billion | 5.99% | 11.28x | $13.19 Billion |
| Bellevue Group AG (BBN) | $133.89 Million | 18.90% | 0.38x | $86.10 Million |
| HBM Healthcare Investments (HBMN) | $1.45 Billion | 12.61% | 0.07x | $2.31 Million |
| Nebag ag (NBEN) | $82.49 Million | 6.78% | 0.01x | $49.12 Million |
| Private Equity Holding AG (PEHN) | $210.59 Million | 9.57% | 0.01x | $628.89K |
| Partners Group Holding AG (PGHN) | $1.54 Billion | 36.22% | 0.25x | $19.75 Billion |
| VZ Holding AG (VZN) | $459.47 Million | 18.88% | 4.88x | $2.46 Billion |