Alpha Adriatic JSC (ZAG:ULPL) Property, Plant and Equipment: €51.77 Mil (As of Mar. 2026)

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ZAG:ULPL Alpha Adriatic JSC ZAG:ULPL
48 GF Score
Price €10.00
GF Value €19.99
Valuation Possible Value Trap
! 3 Warning Signs
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What is Alpha Adriatic JSC Property, Plant and Equipment?

Alpha Adriatic JSC ZAG:ULPL -4.76% 48 Property, Plant and Equipment is €51.77 Mil as of Mar. 2026. GuruFocus rates ZAG:ULPL with a GF Score™ of 48/100 and a GF Value™ of €19.99 (Possible Value Trap). The stock has 3 warning signs investors should review.

Alpha Adriatic JSC's quarterly net PPE declined from Jun. 2025 (€55.02 Mil) to Sep. 2025 (€54.07 Mil) and declined from Sep. 2025 (€54.07 Mil) to Mar. 2026 (€51.77 Mil).

Alpha Adriatic JSC's annual net PPE declined from Dec. 2022 (€52.97 Mil) to Dec. 2023 (€48.54 Mil) but then increased from Dec. 2023 (€48.54 Mil) to Dec. 2024 (€63.58 Mil).


Alpha Adriatic JSC  (ZAG:ULPL) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Alpha Adriatic JSC Property, Plant and Equipment Related Terms


Alpha Adriatic JSC Property, Plant and Equipment Historical Data

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The historical data trend for Alpha Adriatic JSC's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alpha Adriatic JSC Property, Plant and Equipment Chart

Alpha Adriatic JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.81 48.45 52.97 48.54 63.58

Alpha Adriatic JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.58 60.48 55.02 54.07 51.77
ZAG:ULPL
48GF Score
Alpha Adriatic JSC ZAG:ULPL
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Adriatic JSC Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of €51.77 Mil mean?
Alpha Adriatic JSC (ZAG:ULPL) has a Property, Plant and Equipment of €51.77 Mil as of Mar. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Alpha Adriatic JSC and its competitors.
Is Alpha Adriatic JSC's Property, Plant and Equipment too high?
Alpha Adriatic JSC's current Property, Plant and Equipment is €51.77 Mil. Overall, Alpha Adriatic JSC has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alpha Adriatic JSC's Property, Plant and Equipment compare to UPS and FDX?
Alpha Adriatic JSC's Property, Plant and Equipment of €51.77 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for a Transportation company?
A good Property, Plant and Equipment depends on the Transportation industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Alpha Adriatic JSC and its competitors. Alpha Adriatic JSC's current Property, Plant and Equipment is €51.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Adriatic JSC stock overvalued right now?
Based on GuruFocus' analysis, Alpha Adriatic JSC (ZAG:ULPL) is currently considered Possible Value Trap. The stock's GF Value™ is €19.99, compared to a current price of €10.00 — trading 50% below its estimated fair value. The current Property, Plant and Equipment is €51.77 Mil. Alpha Adriatic JSC's overall GF Score™ is 48/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Alpha Adriatic JSC (ZAG:ULPL), the current Property, Plant and Equipment is €51.77 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alpha Adriatic JSC (ZAG:ULPL) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Adriatic JSC stock appears to be undervalued. The current stock price of €10.00 is trading 50% below its estimated GF Value™ of €19.99. GuruFocus considers Alpha Adriatic JSC to be Possible Value Trap.

Key valuation signals for ZAG:ULPL:

  • Property, Plant and Equipment: €51.77 Mil
  • GF Value™: €19.99 vs. price of €10.00 (50% below fair value)
  • GF Score™: 48/100 with 3 warning signs

No single metric tells the full story. See the ZAG:ULPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpha Adriatic JSC Business Description

Address Carrarina 6, Pula, HRV, 52100
Alpha Adriatic JSC engaged in activities of international maritime transportation of goods in dry bulk and tanker sectors and providing full ship management services for third parties. It has interests in oil and chemical tankers, and bulk carriers and also provides third-party ship management services for oil and chemical tankers.
48GF Score

Get the complete analysis for ZAG:ULPL

Property, Plant and Equipment is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.00
Price
€19.99
GF Value