Baloise Holding AG (BALN) - Net Assets

Latest as of June 2025: CHF2.89 Billion CHF

Based on the latest financial reports, Baloise Holding AG (BALN) has net assets worth CHF2.89 Billion CHF as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF78.23 Billion) and total liabilities (CHF75.34 Billion). 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	CHF2.89 Billion
% of Total Assets	3.7%
Annual Growth Rate	-0.99%
5-Year Change	-47.95%
10-Year Change	-33.32%
Growth Volatility	16.72

Baloise Holding AG - Net Assets Trend (2005–2024)

This chart illustrates how Baloise Holding 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 Baloise Holding AG (2005–2024)

The table below shows the annual net assets of Baloise Holding AG from 2005 to 2024.

Year	Net Assets	Change
2024-12-31	CHF3.64 Billion	+11.57%
2023-12-31	CHF3.26 Billion	-4.63%
2022-12-31	CHF3.42 Billion	-53.19%
2021-12-31	CHF7.30 Billion	+4.50%
2020-12-31	CHF6.99 Billion	+4.02%
2019-12-31	CHF6.72 Billion	+11.77%
2018-12-31	CHF6.01 Billion	-6.26%
2017-12-31	CHF6.41 Billion	+11.01%
2016-12-31	CHF5.77 Billion	+5.87%
2015-12-31	CHF5.45 Billion	-6.47%
2014-12-31	CHF5.83 Billion	+18.84%
2013-12-31	CHF4.91 Billion	+0.69%
2012-12-31	CHF4.87 Billion	+25.15%
2011-12-31	CHF3.89 Billion	-5.80%
2010-12-31	CHF4.13 Billion	-8.35%
2009-12-31	CHF4.51 Billion	+15.77%
2008-12-31	CHF3.90 Billion	-19.94%
2007-12-31	CHF4.87 Billion	-2.42%
2006-12-31	CHF4.99 Billion	+13.55%
2005-12-31	CHF4.39 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Baloise Holding 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 34.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CHF4.85 Billion	133.57%
Common Stock	CHF4.60 Million	0.13%
Other Comprehensive Income	CHF-1.58 Billion	-43.56%
Other Components	CHF357.90 Million	9.86%
Total Equity	CHF3.63 Billion	100.00%

Baloise Holding AG Competitors by Market Cap

The table below lists competitors of Baloise Holding AG ranked by their market capitalization.

Company	Market Cap
Shenzhen Megmeet Electrical Co Ltd SHE:002851	$9.03 Billion
Finning International Inc. TO:FTT	$9.03 Billion
SARTORIUS (UNSP.ADS)/1/5 F:SRT0	$9.03 Billion
CubeSmart NYSE:CUBE	$9.04 Billion
Cognex Corporation NASDAQ:CGNX	$9.00 Billion
Loral Space & Communications Inc TO:LORL	$9.00 Billion
Sinotruk (Hong Kong) Limited F:4SK	$8.99 Billion
Alstom S.A. PA:ALO	$8.99 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Baloise Holding AG's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,250,000,000 to 3,629,700,000, a change of 379,700,000 (11.7%).
Net income of 384,800,000 contributed positively to equity growth.
Dividend payments of 349,100,000 reduced retained earnings.
Share repurchases of 28,300,000 reduced equity.
New share issuances of 56,600,000 increased equity.
Other comprehensive income increased equity by 311,599,999.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CHF384.80 Million	+10.6%
Dividends Paid	CHF349.10 Million	-9.62%
Share Repurchases	CHF28.30 Million	-0.78%
Share Issuances	CHF56.60 Million	+1.56%
Other Comprehensive Income	CHF311.60 Million	+8.58%
Other Changes	CHF4.10 Million	+0.11%
Total Change	CHF-	11.68%

Book Value vs Market Value Analysis

This analysis compares Baloise Holding 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: 2.54x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	CHF79.78	CHF203.00	x
2006-12-31	CHF91.00	CHF203.00	x
2007-12-31	CHF92.14	CHF203.00	x
2008-12-31	CHF75.46	CHF203.00	x
2009-12-31	CHF89.12	CHF203.00	x
2010-12-31	CHF87.26	CHF203.00	x
2011-12-31	CHF82.16	CHF203.00	x
2012-12-31	CHF98.76	CHF203.00	x
2013-12-31	CHF98.94	CHF203.00	x
2014-12-31	CHF117.89	CHF203.00	x
2015-12-31	CHF110.93	CHF203.00	x
2016-12-31	CHF119.08	CHF203.00	x
2017-12-31	CHF132.94	CHF203.00	x
2018-12-31	CHF126.92	CHF203.00	x
2019-12-31	CHF145.02	CHF203.00	x
2020-12-31	CHF154.80	CHF203.00	x
2021-12-31	CHF161.53	CHF203.00	x
2022-12-31	CHF75.34	CHF203.00	x
2023-12-31	CHF71.75	CHF203.00	x
2024-12-31	CHF79.86	CHF203.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Baloise Holding 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): 10.60%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.05%
• Asset Turnover: 0.08x
• Equity Multiplier: 22.03x
Recent ROE (10.60%) is above the historical average (9.87%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	9.14%	4.30%	0.15x	14.16x	CHF-37.24 Million
2006	14.21%	7.41%	0.15x	13.01x	CHF207.21 Million
2007	16.80%	8.26%	0.15x	14.01x	CHF325.11 Million
2008	9.71%	4.54%	0.13x	16.59x	CHF-10.80 Million
2009	9.76%	4.41%	0.14x	15.60x	CHF-10.50 Million
2010	10.65%	4.60%	0.15x	15.95x	CHF26.70 Million
2011	1.59%	0.79%	0.11x	17.89x	CHF-324.73 Million
2012	9.04%	4.99%	0.12x	15.22x	CHF-46.47 Million
2013	9.32%	4.72%	0.13x	15.59x	CHF-32.99 Million
2014	12.27%	7.01%	0.13x	13.70x	CHF131.57 Million
2015	9.45%	5.89%	0.11x	14.54x	CHF-29.79 Million
2016	9.31%	6.12%	0.11x	14.04x	CHF-39.33 Million
2017	8.64%	5.93%	0.11x	13.32x	CHF-86.62 Million
2018	8.76%	7.42%	0.09x	13.54x	CHF-73.86 Million
2019	10.34%	6.33%	0.13x	12.87x	CHF22.80 Million
2020	6.22%	5.06%	0.10x	12.56x	CHF-264.07 Million
2021	8.08%	5.84%	0.11x	12.24x	CHF-140.11 Million
2022	16.09%	9.16%	0.08x	22.90x	CHF207.48 Million
2023	7.37%	3.44%	0.09x	23.96x	CHF-85.40 Million
2024	10.60%	6.05%	0.08x	22.03x	CHF21.83 Million

Industry Comparison

This section compares Baloise Holding AG's net assets metrics with peer companies in the Insurance - Diversified industry.

Industry Context

Industry: Insurance - Diversified
Average net assets among peers: $13,530,929,250
Average return on equity (ROE) among peers: 9.14%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Baloise Holding AG (BALN)	CHF2.89 Billion	9.14%	26.05x	$9.01 Billion
Helvetia Holding AG (HBAN)	$2.53 Billion	16.73%	0.08x	$28.12K
Swiss Life Holding AG (SLHN)	$9.16 Billion	6.60%	15.58x	$24.44 Billion
Vaudoise Assurances Holding SA (VAHN)	$7.70 Billion	1.62%	0.01x	$934.79 Million
Zurich Insurance Group AG (ZURN)	$34.73 Billion	11.60%	10.95x	$82.30 Billion

About Baloise Holding AG

SW:BALN Switzerland Insurance - Diversified

Market Cap

$11.64 Billion

CHF9.21 Billion CHF

Market Cap Rank

#2217 Global

#28 in Switzerland

Share Price

CHF203.00

Change (1 day)

-0.10%

52-Week Range

CHF181.30 - CHF217.00

All Time High

CHF217.00