ATSE:ATRUST

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Alpha Trust Mutual Fund and Alternative Investment Fund Management

Market Cap

€14.7m

Last Updated

2021/07/31 04:35 UTC

Data Sources

Company Financials

Executive Summary

Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Alpha Trust Mutual Fund and Alternative Investment Fund Management's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ATRUST is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ATRUST's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-1.6%

ATRUST

-0.1%

GR Capital Markets

2.8%

GR Market


1 Year Return

4.7%

ATRUST

27.1%

GR Capital Markets

-13.4%

GR Market

Return vs Industry: ATRUST underperformed the Greek Capital Markets industry which returned 27.1% over the past year.

Return vs Market: ATRUST exceeded the Greek Market which returned -13.4% over the past year.


Shareholder returns

ATRUSTIndustryMarket
7 Day-1.6%-0.1%2.8%
30 Day-15.2%3.1%-0.3%
90 Day-8.9%5.4%-2.7%
1 Year11.1%4.7%30.9%27.1%-11.8%-13.4%
3 Year54.2%27.0%28.5%16.2%-46.0%-48.1%
5 Year62.5%3.1%80.2%50.2%-38.1%-41.5%

Long-Term Price Volatility Vs. Market

How volatile is Alpha Trust Mutual Fund and Alternative Investment Fund Management's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Alpha Trust Mutual Fund and Alternative Investment Fund Management undervalued compared to its fair value and its price relative to the market?

9.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATRUST (€4.92) is trading below our estimate of fair value (€5.42)

Significantly Below Fair Value: ATRUST is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ATRUST is good value based on its PE Ratio (14.5x) compared to the European Capital Markets industry average (15.5x).

PE vs Market: ATRUST is good value based on its PE Ratio (14.5x) compared to the Greek market (21.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ATRUST's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ATRUST is overvalued based on its PB Ratio (2.7x) compared to the XE Capital Markets industry average (1.4x).


Future Growth

How is Alpha Trust Mutual Fund and Alternative Investment Fund Management forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.0%

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 Alpha Trust Mutual Fund and Alternative Investment Fund Management 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.


Past Performance

How has Alpha Trust Mutual Fund and Alternative Investment Fund Management performed over the past 5 years?

16.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATRUST has high quality earnings.

Growing Profit Margin: ATRUST's current net profit margins (15.5%) are lower than last year (20.3%).


Past Earnings Growth Analysis

Earnings Trend: ATRUST's earnings have grown by 16.4% per year over the past 5 years.

Accelerating Growth: ATRUST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ATRUST had negative earnings growth (-38.4%) over the past year, making it difficult to compare to the Capital Markets industry average (24.9%).


Return on Equity

High ROE: ATRUST's Return on Equity (18.9%) is considered low.


Financial Health

How is Alpha Trust Mutual Fund and Alternative Investment Fund Management's financial position?


Financial Position Analysis

Short Term Liabilities: ATRUST's short term assets (€4.4M) exceed its short term liabilities (€2.5M).

Long Term Liabilities: ATRUST's short term assets (€4.4M) exceed its long term liabilities (€1.4M).


Debt to Equity History and Analysis

Debt Level: ATRUST is debt free.

Reducing Debt: ATRUST had no debt 5 years ago.

Debt Coverage: ATRUST has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ATRUST has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Alpha Trust Mutual Fund and Alternative Investment Fund Management current dividend yield, its reliability and sustainability?

6.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ATRUST's dividend (6.33%) is higher than the bottom 25% of dividend payers in the Greek market (1.68%).

High Dividend: ATRUST's dividend (6.33%) is in the top 25% of dividend payers in the Greek market (3.84%)


Stability and Growth of Payments

Stable Dividend: ATRUST has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ATRUST has only been paying a dividend for 7 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (93.3%), ATRUST'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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

Chris Aesopos (52 yo)

no data

Tenure

Mr. Christodoulos Aesopos, also known as Chris, serves as the Chief Executive Officer and Executive Director of Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A and served as its Dire...


Leadership Team

Experienced Management: ATRUST's management team is considered experienced (3.5 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A.
  • Ticker: ATRUST
  • Exchange: ATSE
  • Founded: 1987
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: €14.684m
  • Shares outstanding: 2.98m
  • Website: https://www.alphatrust.gr

Number of Employees


Location

  • Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A.
  • 21 Tatoiou street
  • Kifissia
  • 145 61
  • Greece

Listings


Biography

Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A. is a publicly owned investment manager. The firm primarily provides its services to private and institutional investors. It also mana...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 04:35
End of Day Share Price2021/07/30 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.