Leonteq AG (LEON) - Net Assets

Latest as of December 2025: CHF692.11 Million CHF ≈ $875.01 Million USD

Based on the latest financial reports, Leonteq AG (LEON) has net assets worth CHF692.11 Million CHF (≈ $875.01 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 (CHF11.16 Billion ≈ $14.11 Billion USD) and total liabilities (CHF10.47 Billion ≈ $13.23 Billion 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. Check Leonteq AG (LEON) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CHF692.11 Million
% of Total Assets	6.2%
Annual Growth Rate	25.53%
5-Year Change	-13.71%
10-Year Change	79.64%
Growth Volatility	55.78

Leonteq AG - Net Assets Trend (2009–2025)

This chart illustrates how Leonteq AG's net assets have evolved over time, based on quarterly financial data. See Leonteq AG (LEON) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Leonteq AG (2009–2025)

The table below shows the annual net assets of Leonteq AG from 2009 to 2025. For live valuation and market cap data, see Leonteq AG (LEON) total market value.

Year	Net Assets	Change
2025-12-31	CHF692.11 Million ≈ $875.01 Million	-13.90%
2024-12-31	CHF803.83 Million ≈ $1.02 Billion	+3.04%
2023-12-31	CHF780.13 Million ≈ $986.30 Million	-10.33%
2022-12-31	CHF870.03 Million ≈ $1.10 Billion	+8.47%
2021-12-31	CHF802.09 Million ≈ $1.01 Billion	+23.87%
2020-12-31	CHF647.51 Million ≈ $818.63 Million	-2.26%
2019-12-31	CHF662.51 Million ≈ $837.59 Million	+9.03%
2018-12-31	CHF607.66 Million ≈ $768.24 Million	+45.24%
2017-12-31	CHF418.39 Million ≈ $528.95 Million	+8.59%
2016-12-31	CHF385.28 Million ≈ $487.10 Million	-7.40%
2015-12-31	CHF416.06 Million ≈ $526.01 Million	+10.53%
2014-12-31	CHF376.41 Million ≈ $475.88 Million	+138.14%
2013-12-31	CHF158.06 Million ≈ $199.83 Million	+26.13%
2012-12-31	CHF125.31 Million ≈ $158.43 Million	+197.10%
2011-12-31	CHF42.18 Million ≈ $53.32 Million	+36.07%
2010-12-31	CHF31.00 Million ≈ $39.19 Million	+70.36%
2009-12-31	CHF18.20 Million ≈ $23.00 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Leonteq 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 60109300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CHF600.15 Million	86.71%
Common Stock	CHF18.49 Million	2.67%
Other Comprehensive Income	CHF-63.65 Million	-9.20%
Other Components	CHF137.11 Million	19.81%
Total Equity	CHF692.11 Million	100.00%

Leonteq AG Competitors by Market Cap

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

Company	Market Cap
Aten International Co Ltd TW:6277	$274.02 Million
Energy One Ltd AU:EOL	$274.09 Million
Media and Games Invest PLC ST:M8G	$274.20 Million
Sky Harbour Group Corp NYSE MKT:SKYH	$274.22 Million
Aurion Resources Ltd V:AU	$273.63 Million
Creditwest Faktoring AS IS:CRDFA	$273.61 Million
Globus Spirits Limited NSE:GLOBUSSPR	$273.59 Million
Real Matters Inc TO:REAL	$273.53 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 803,830,000 to 692,108,000, a change of -111,722,000 (-13.9%).
Net loss of 33,695,000 reduced equity.
Dividend payments of 26,463,000 reduced retained earnings.
Share repurchases of 170,000 reduced equity.
Other comprehensive income decreased equity by 29,999,999.
Other factors decreased equity by 21,394,001.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CHF-33.70 Million	-4.87%
Dividends Paid	CHF26.46 Million	-3.82%
Share Repurchases	CHF170.00K	-0.02%
Other Comprehensive Income	CHF-30.00 Million	-4.33%
Other Changes	CHF-21.39 Million	-3.09%
Total Change	CHF-	-13.90%

Book Value vs Market Value Analysis

This analysis compares Leonteq 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: 0.39x
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 12.04x to 0.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	CHF1.27	CHF15.26	x
2010-12-31	CHF2.16	CHF15.26	x
2011-12-31	CHF4.08	CHF15.26	x
2012-12-31	CHF11.35	CHF15.26	x
2013-12-31	CHF11.44	CHF15.26	x
2014-12-31	CHF26.22	CHF15.26	x
2015-12-31	CHF26.10	CHF15.26	x
2016-12-31	CHF24.18	CHF15.26	x
2017-12-31	CHF26.27	CHF15.26	x
2018-12-31	CHF35.41	CHF15.26	x
2019-12-31	CHF34.88	CHF15.26	x
2020-12-31	CHF34.45	CHF15.26	x
2021-12-31	CHF42.88	CHF15.26	x
2022-12-31	CHF46.07	CHF15.26	x
2023-12-31	CHF41.94	CHF15.26	x
2024-12-31	CHF44.12	CHF15.26	x
2025-12-31	CHF39.26	CHF15.26	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Leonteq 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): -4.87%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -18.52%
• Asset Turnover: 0.02x
• Equity Multiplier: 16.12x
Recent ROE (-4.87%) is below the historical average (17.37%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	67.60%	18.02%	0.04x	91.15x	CHF10.48 Million
2010	46.04%	14.47%	0.03x	110.79x	CHF11.17 Million
2011	30.99%	14.41%	0.02x	99.93x	CHF8.86 Million
2012	16.40%	16.87%	0.04x	25.25x	CHF8.02 Million
2013	24.57%	27.74%	0.03x	30.16x	CHF23.02 Million
2014	16.62%	31.11%	0.03x	18.32x	CHF24.93 Million
2015	16.50%	31.14%	0.03x	15.83x	CHF27.03 Million
2016	4.46%	8.15%	0.04x	14.43x	CHF-21.33 Million
2017	5.51%	10.67%	0.03x	15.17x	CHF-18.77 Million
2018	15.06%	32.19%	0.03x	17.59x	CHF30.73 Million
2019	9.47%	22.40%	0.03x	13.70x	CHF-3.52 Million
2020	6.16%	15.61%	0.02x	19.18x	CHF-24.86 Million
2021	19.41%	36.32%	0.03x	18.00x	CHF75.51 Million
2022	17.98%	33.52%	0.04x	14.17x	CHF69.44 Million
2023	2.64%	8.02%	0.03x	11.86x	CHF-57.41 Million
2024	0.73%	2.72%	0.02x	13.27x	CHF-74.55 Million
2025	-4.87%	-18.52%	0.02x	16.12x	CHF-102.91 Million

Industry Comparison

This section compares Leonteq AG's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $1,641,688,068
Average return on equity (ROE) among peers: 10.73%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Leonteq AG (LEON)	CHF692.11 Million	67.60%	15.12x	$273.70 Million
Alpine Select AG (ALPN)	$152.91 Million	15.12%	0.05x	$76.21 Million
Julius Baer Gruppe AG (BAER)	$6.74 Billion	16.05%	16.25x	$12.36 Billion
Bellevue Group AG (BBN)	$190.63 Million	-33.95%	1.37x	$120.14 Million
GAM Holding AG (GAM)	$478.50 Million	-4.87%	0.58x	$73.38 Million
HBM Healthcare Investments (HBMN)	$2.15 Billion	35.15%	0.05x	$1.53 Billion
Nebag ag (NBEN)	$61.97 Million	0.69%	0.00x	$55.22 Million
Private Equity Holding AG (PEHN)	$394.30 Million	4.92%	0.14x	$152.33 Million
Partners Group Holding AG (PGHN)	$2.90 Billion	50.50%	0.67x	$23.41 Billion
Vontobel Holding (VONN)	$1.70 Billion	12.96%	14.28x	$3.98 Billion

About Leonteq AG

SW:LEON Switzerland Asset Management

Market Cap

$341.56 Million

CHF270.16 Million CHF

Market Cap Rank

#15376 Global

#164 in Switzerland

Share Price

CHF15.26

Change (1 day)

-0.91%

52-Week Range

CHF10.64 - CHF23.10

All Time High

CHF165.98