ALRS (Alerus Financial Corp) vs S&P 500 Comparison

ALRS

S&P 500

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ALRS

S&P 500

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ALRS

S&P 500

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S&P 500

ALRS

APO

BAJAJFINSV

8591

EQH

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Alerus Financial Corp
Glance View

Market Cap

480.6m USD

Industry

Financial Services

Alerus Financial Corp. engages in the provision of business and consumer financial products and services through its subsidiary, Alerus Financial NA. The company is headquartered in Grand Forks, North Dakota and currently employs 779 full-time employees. The company went IPO on 2001-07-27. Through its subsidiary, Alerus Financial, National Association the Company provides diversifies financial solutions to businesses and consumers. The firm operates through four segments: banking, retirement and benefit services, wealth management, and mortgage. The banking segment offers loans, deposits, cash management, and treasury services through approximately 14 offices in North Dakota, Minnesota, and Arizona. These products and services are supported through various digital applications. Retirement and benefit services segment provides various services, including recordkeeping and administration services to qualified retirement plans; ESOP trustee, recordkeeping and administration; investment fiduciary services to retirement plans; HSA, flex spending account, and government health insurance program recordkeeping and administration services to employers; payroll and human resource information system.

View ALRS Analysis

ALRS Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

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ALRS

vs

S&P 500

Stocks Performance
ALRS vs S&P 500

Performance Gap
ALRS vs S&P 500

Performance By Year
ALRS vs S&P 500

Competitors Performance
Alerus Financial Corp vs Peers

Alerus Financial Corp
Glance View

Company

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ALRS vs S&P 500

Stocks Performance ALRS vs S&P 500

Performance Gap ALRS vs S&P 500

Performance By Year ALRS vs S&P 500

Competitors Performance Alerus Financial Corp vs Peers

Alerus Financial Corp Glance View

Company

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Stocks

ALRS

vs

S&P 500

Stocks Performance
ALRS vs S&P 500

Performance Gap
ALRS vs S&P 500

Performance By Year
ALRS vs S&P 500

Competitors Performance
Alerus Financial Corp vs Peers

Alerus Financial Corp
Glance View