AP Alternative Portfolio AG, through its subsidiary, Alternative Portfolio Limited, engages in acquiring, managing, disposing of, and reinvesting in private equity, hedge funds, and other alternative investments.
Fair value unattractive dividend payer.
Share Price & News
How has AP Alternative Portfolio's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APN has not had significant price volatility in the past 3 months.
7 Day Return
CH Capital Markets
1 Year Return
CH Capital Markets
Return vs Industry: APN underperformed the Swiss Capital Markets industry which returned 9.2% over the past year.
Return vs Market: APN underperformed the Swiss Market which returned 16.2% over the past year.
Price Volatility Vs. Market
How volatile is AP Alternative Portfolio's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StShould We Worry About AP Alternative Portfolio AG's (BRN:APN) P/E Ratio?
5 months ago | Simply Wall StAP Alternative Portfolio (BRN:APN) Shareholders Received A Total Return Of 31% In The Last Three Years
7 months ago | Simply Wall StWhat Type Of Shareholder Owns AP Alternative Portfolio AG's (BRN:APN)?
Is AP Alternative Portfolio undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APN (CHF175.6) is trading below our estimate of fair value (CHF371.07)
Significantly Below Fair Value: APN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APN is poor value based on its PE Ratio (25x) compared to the Capital Markets industry average (22.2x).
PE vs Market: APN is poor value based on its PE Ratio (25x) compared to the Swiss market (21.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate APN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: APN is good value based on its PB Ratio (0.8x) compared to the CH Capital Markets industry average (1.1x).
How is AP Alternative Portfolio forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AP Alternative Portfolio has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether AP Alternative Portfolio is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- AP Alternative Portfolio competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has AP Alternative Portfolio performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APN has high quality earnings.
Growing Profit Margin: APN's current net profit margins (57.8%) are lower than last year (76%).
Past Earnings Growth Analysis
Earnings Trend: APN's earnings have declined by -21.4% per year over the past 5 years.
Accelerating Growth: APN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: APN had negative earnings growth (-68.9%) over the past year, making it difficult to compare to the Capital Markets industry average (-3.4%).
Return on Equity
High ROE: APN's Return on Equity (3.1%) is considered low.
Return on Assets
Return on Capital Employed
How is AP Alternative Portfolio's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: APN has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if APN's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: APN's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if APN has a sufficient allowance for bad loans.
Low Risk Liabilities: APN reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if APN has an acceptable proportion of non-loan assets held.
Low Risk Deposits: APN has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if APN has an appropriate level of bad loans.
What is AP Alternative Portfolio's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: APN's dividend (19.82%) is higher than the bottom 25% of dividend payers in the Swiss market (1.74%).
High Dividend: APN's dividend (19.82%) is in the top 25% of dividend payers in the Swiss market (3.38%)
Stability and Growth of Payments
Stable Dividend: APN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: APN has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (494.8%), APN's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
AP Alternative Portfolio has no CEO, or we have no data on them.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AP Alternative Portfolio AG's company bio, employee growth, exchange listings and data sources
- Name: AP Alternative Portfolio AG
- Ticker: APN
- Exchange: BRSE
- Founded: 2000
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: CHF72.891m
- Shares outstanding: 415.09k
- Website: https://www.alternative-portfolio.com
- AP Alternative Portfolio AG
- PO Box
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|APN||BRSE (Berne Stock Exchange)||Yes||Registered Shares||CH||CHF||Sep 2014|
AP Alternative Portfolio AG, through its subsidiary, Alternative Portfolio Limited, engages in acquiring, managing, disposing of, and reinvesting in private equity, hedge funds, and other alternative investments. The company was formerly known as UBS Alternative Portfolio AG and changed its name to AP Alternative Portfolio AG in August 2014. AP Alternative Portfolio AG was founded in 2000 and is based in Zurich, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/22 21:03|
|End of Day Share Price||2020/02/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.