Alpine Select AG

Alpine Select AG

8.90
CHF
-0.05
(-0.56%)
75.36MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.76
1.65
0.01
0.93
3.04
-1.47
1.77
0.97
3.16
-3.25
0.16
0.29
1.47
- -
Basic EPS, GAAP
2.37
1.51
-0.18
0.75
2.89
-1.45
1.35
0.67
2.6
-3.26
-0.05
0.14
1.21
- -
Free Cash Flow per Basic Share
0.08
0.3
0.62
1.89
3.29
1.22
-0.01
0.03
-0.08
0.01
0.45
0.15
-0.12
- -
Dividend per Share
2.42
1
0.97
1
3
1
0.31
1.01
1
1
3.99
- -
- -
- -
Book Value per Share
16.95
17.83
16.72
12.92
16.22
13.61
14.45
13.96
16.03
11.77
7.72
7.86
9.08
9.08
Tangible Book Value per Share
16.95
17.83
16.72
12.92
16.22
13.61
14.45
13.96
16.03
11.77
7.72
7.86
9.08
9.08
Basic Weighted Avg Shares
13
13
14
14
11
11
10
9
9
9
9
9
9
9
Sales/Revenue/Turnover
36
22
- -
13
34
-16
18
9
28
-29
1
3
13
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
31
20
-3
11
32
-16
13
6
23
-29
- -
1
10
- -
Effective Tax Rate (%)
2.08
- -
- -
5.74
0.22
- -
9.24
9.78
7.07
- -
- -
- -
5.81
- -
Profit Margin (%)
85.71
91.41
-1,916.79
80.79
95.22
98.03
76.22
68.42
82.02
100.38
-30.69
48.41
82.18
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
16
- -
32
2
1
1
- -
8
4
1
1
2
2
Total Equity
230
239
239
183
182
159
150
133
149
109
69
68
76
76
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
14.25
- -
- -
4.69
16.27
- -
8.53
4.53
15.34
- -
- -
- -
14.03
- -
Return on Common Equity (%)
14.65
8.69
-1.05
5.05
17.78
-9.9
9.64
4.71
17.3
-23.5
-0.49
1.8
14.31
- -

Capital Structure

CHF

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
8
Market Capitalization
66
64
75

Working Capital

CHF

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1
3
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CHF

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-9.41%
-8.01%
13.03%
Free Cash Flow
208.25%
456.77%
-176.37%
Net Income, GAAP
-39.4%
62.85%
748.52%
Sales/Revenue/Turnover
1,011.83%
78.09%
399.8%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
1
2024
- -
- -
3
2025
- -
- -
13

Semi-annual Earnings Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.05
2024
- -
- -
0.14
2025
- -
- -
1.21

Semi-annual Dividends Per Share

CHF

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3.99
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Claudia Habermacher
Full Time Employees
3
Sector
Miscellaneous
Industry
Investment trusts
Address
Gotthardstrasse 31 Zug ZG Switzerland CH-6300
IPO Date
Sep 27, 2011
Business
Alpine Select AG Alpine Select AG is a Zug-based Swiss investment company listed on the SIX Swiss Exchange since 1998 that provides shareholders access to a diversified alternative investment portfolio focused on achieving absolute returns through core strategies including discount and risk arbitrage; tactical exploitation of under-researched companies and situations; short-term opportunities; liquid hedge funds; and digital assets managed via venture capital funds such as RockawayX Venture Fund I and a16z funds. The company invests in quoted and unquoted securities of Swiss and foreign corporations involved in special situations like spin-offs, acquisitions, recapitalizations, reorganizations, valuation anomalies, and technical market conditions, with key portfolio holdings encompassing special situations such as Idorsia convertible bonds and IP Group; diversified funds like Cheyne Total Return Credit Fund, Cheyne New Europe Fund, Nishkama Fund, and Aleutian Fund; and digital assets exposure navigating Bitcoin ETF approvals and market highs. Alpine Select AG maintains an active dialogue with portfolio company managements, charges no management or performance fees, and operates with a small team including CEO Claudia Habermacher from its headquarters in Zug, Switzerland, targeting institutional and individual investors globally. Recent developments include full support for Idorsia Ltd's 2025 debt restructuring as a pro-rata backstop provider for a CHF 150 million funding facility, followed by an increased position in its securities; distributions of USD 1.4 million from RockawayX Venture Fund I in Q4 2024 amid Solana stake sales; a new investment in KYMA Capital's event-driven distressed European credit strategy; prolongation of its share buyback program through October 2026 authorizing up to 783,891 treasury shares or 9% of share capital for cancellation; publication of its 2024 annual report reflecting a CHF 1.267 million profit; and a preliminary half-year profit expectation of CHF 2.1 million as of June 30, 2025.