Ituran Location and Control Ltd (ITRN) - Net Assets
Based on the latest financial reports, Ituran Location and Control Ltd (ITRN) has net assets worth $218.51 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($376.06 Million) and total liabilities ($157.55 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Ituran Location and Control Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $218.51 Million |
| % of Total Assets | 58.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | 47.24% |
| 10-Year Change | 117.78% |
| Growth Volatility | 104.49 |
Ituran Location and Control Ltd - Net Assets Trend (2002–2024)
This chart illustrates how Ituran Location and Control Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Ituran Location and Control Ltd (ITRN) total assets for the complete picture of this company's asset base.
Annual Net Assets for Ituran Location and Control Ltd (2002–2024)
The table below shows the annual net assets of Ituran Location and Control Ltd from 2002 to 2024. For live valuation and market cap data, see Ituran Location and Control Ltd (ITRN) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $191.26 Million | +6.11% |
| 2023-12-31 | $180.25 Million | +17.65% |
| 2022-12-31 | $153.21 Million | +11.18% |
| 2021-12-31 | $137.80 Million | +6.08% |
| 2020-12-31 | $129.90 Million | -4.43% |
| 2019-12-31 | $135.91 Million | -17.14% |
| 2018-12-31 | $164.02 Million | +23.11% |
| 2017-12-31 | $133.23 Million | +23.17% |
| 2016-12-31 | $108.17 Million | +23.17% |
| 2015-12-31 | $87.82 Million | -7.15% |
| 2014-12-31 | $94.58 Million | -0.57% |
| 2013-12-31 | $95.12 Million | +3.39% |
| 2012-12-31 | $92.01 Million | -18.14% |
| 2011-12-31 | $112.40 Million | -15.71% |
| 2010-12-31 | $133.35 Million | -0.37% |
| 2009-12-31 | $133.84 Million | +18.78% |
| 2008-12-31 | $112.68 Million | -26.09% |
| 2007-12-31 | $152.45 Million | +53.30% |
| 2006-12-31 | $99.45 Million | +30.01% |
| 2005-12-31 | $76.50 Million | +406.29% |
| 2004-12-31 | $15.11 Million | +298.76% |
| 2003-12-31 | $3.79 Million | +229.72% |
| 2002-12-31 | $-2.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ituran Location and Control Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 25041900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $226.18 Million | 122.11% |
| Common Stock | $1.98 Million | 1.07% |
| Total Equity | $185.23 Million | 100.00% |
Ituran Location and Control Ltd Competitors by Market Cap
The table below lists competitors of Ituran Location and Control Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuhan Huazhong Numerical Control Co Ltd
SHE:300161
|
$944.38 Million |
|
Piraeus Port Authority S.A
AT:PPA
|
$945.00 Million |
|
Berliner Effektengesellschaft AG
F:BFV
|
$945.14 Million |
|
Beijing Sun Novo Pharmaceutical Research Co Ltd
SHG:688621
|
$945.32 Million |
|
Hengtong Logistic Co Ltd
SHG:603223
|
$943.71 Million |
|
China Motor Corp
TW:2204
|
$943.62 Million |
|
Bumi Serpong Damai Tbk
JK:BSDE
|
$943.59 Million |
|
Standard Lithium Ltd
NYSE MKT:SLI
|
$943.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ituran Location and Control Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 174,454,000 to 185,227,000, a change of 10,773,000 (6.2%).
- Net income of 53,654,000 contributed positively to equity growth.
- Dividend payments of 28,050,000 reduced retained earnings.
- Other comprehensive income increased equity by 45,175,000.
- Other factors decreased equity by 60,006,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $53.65 Million | +28.97% |
| Dividends Paid | $28.05 Million | -15.14% |
| Other Comprehensive Income | $45.17 Million | +24.39% |
| Other Changes | $-60.01 Million | -32.4% |
| Total Change | $- | 6.18% |
Book Value vs Market Value Analysis
This analysis compares Ituran Location and Control Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.26x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $-0.52 | $58.31 | x |
| 2002-12-31 | $-0.16 | $58.31 | x |
| 2003-12-31 | $0.20 | $58.31 | x |
| 2004-12-31 | $0.78 | $58.31 | x |
| 2005-12-31 | $3.74 | $58.31 | x |
| 2006-12-31 | $4.13 | $58.31 | x |
| 2007-12-31 | $6.39 | $58.31 | x |
| 2008-12-31 | $5.13 | $58.31 | x |
| 2009-12-31 | $6.20 | $58.31 | x |
| 2010-12-31 | $5.94 | $58.31 | x |
| 2011-12-31 | $5.04 | $58.31 | x |
| 2012-12-31 | $4.20 | $58.31 | x |
| 2013-12-31 | $4.34 | $58.31 | x |
| 2014-12-31 | $4.33 | $58.31 | x |
| 2015-12-31 | $3.99 | $58.31 | x |
| 2016-12-31 | $4.88 | $58.31 | x |
| 2017-12-31 | $6.00 | $58.31 | x |
| 2018-12-31 | $7.98 | $58.31 | x |
| 2019-12-31 | $6.15 | $58.31 | x |
| 2020-12-31 | $6.11 | $58.31 | x |
| 2021-12-31 | $6.38 | $58.31 | x |
| 2022-12-31 | $7.14 | $58.31 | x |
| 2023-12-31 | $8.72 | $58.31 | x |
| 2024-12-31 | $9.31 | $58.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ituran Location and Control Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 28.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.96%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 1.76x
- Recent ROE (28.97%) is below the historical average (29.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 0.00% | -26.98% | 0.83x | 0.00x | $-12.16 Million |
| 2002 | 0.00% | 1.75% | 0.91x | 0.00x | $1.16 Million |
| 2003 | 154.26% | 9.12% | 1.17x | 14.44x | $5.47 Million |
| 2004 | 74.79% | 14.40% | 1.32x | 3.93x | $9.72 Million |
| 2005 | 18.97% | 15.95% | 0.77x | 1.54x | $6.80 Million |
| 2006 | 19.88% | 18.51% | 0.72x | 1.50x | $9.57 Million |
| 2007 | 34.41% | 41.23% | 0.58x | 1.45x | $36.51 Million |
| 2008 | 13.53% | 11.22% | 0.84x | 1.44x | $3.89 Million |
| 2009 | 13.98% | 14.99% | 0.65x | 1.43x | $5.18 Million |
| 2010 | 16.88% | 14.22% | 0.78x | 1.51x | $8.56 Million |
| 2011 | 24.37% | 16.08% | 1.02x | 1.49x | $15.19 Million |
| 2012 | 28.26% | 16.55% | 1.02x | 1.67x | $16.08 Million |
| 2013 | 26.14% | 13.96% | 1.06x | 1.77x | $14.67 Million |
| 2014 | 33.55% | 16.71% | 1.20x | 1.68x | $21.36 Million |
| 2015 | 29.83% | 14.22% | 1.24x | 1.70x | $16.60 Million |
| 2016 | 31.44% | 16.10% | 1.12x | 1.74x | $21.92 Million |
| 2017 | 34.82% | 18.36% | 1.11x | 1.71x | $31.21 Million |
| 2018 | 38.37% | 25.47% | 0.68x | 2.22x | $47.72 Million |
| 2019 | 5.33% | 2.47% | 0.82x | 2.62x | $-6.04 Million |
| 2020 | 12.68% | 6.56% | 0.79x | 2.46x | $3.40 Million |
| 2021 | 25.86% | 12.65% | 0.92x | 2.21x | $21.01 Million |
| 2022 | 25.45% | 12.66% | 1.01x | 2.00x | $22.52 Million |
| 2023 | 27.59% | 15.04% | 1.00x | 1.83x | $30.69 Million |
| 2024 | 28.97% | 15.96% | 1.03x | 1.76x | $35.13 Million |
Industry Comparison
This section compares Ituran Location and Control Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $178,896,176
- Average return on equity (ROE) among peers: -0.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ituran Location and Control Ltd (ITRN) | $218.51 Million | 0.00% | 0.72x | $943.75 Million |
| Ainos Inc (AIMD) | $-4.13 Million | 0.00% | 0.00x | $11.99 Million |
| Arbe Robotics Ltd (ARBE) | $244.47K | -8.16% | 0.01x | $79.73 Million |
| Astrotech Corp (ASTC) | $53.24 Million | -14.21% | 0.06x | $5.22 Million |
| Badger Meter Inc (BMI) | $32.20 Million | 11.49% | 0.88x | $3.56 Billion |
| Cognex Corporation (CGNX) | $1.26 Billion | 13.96% | 0.43x | $9.00 Billion |
| Coherent Inc (COHR) | $12.60 Million | 3.17% | 0.33x | $53.28 Billion |
| Electro-Sensors Inc (ELSE) | $13.72 Million | 5.55% | 0.20x | $15.51 Million |
| ESCO Technologies Inc (ESE) | $376.43 Million | 8.31% | 0.30x | $7.01 Billion |
| FARO Technologies Inc (FARO) | $33.38 Million | -6.04% | 0.35x | $849.75 Million |
| Focus Universal Inc (FCUV) | $9.07 Million | -22.33% | 0.02x | $1.20 Million |
About Ituran Location and Control Ltd
Ituran Location and Control Ltd., together with its subsidiaries, provides location-based telematics services and machine-to-machine telematics products in Israel, Brazil, and internationally. It operates in two segments: Telematics Services and Telematics Products. The Telematics services segment offers stolen vehicle recovery and tracking services, which enable it to locate, track, and recover … Read more