Azrieli Group Ltd
Azrieli Group Ltd. engages in the development, acquisition, lease-out, management, and maintenance of malls and retail centers in Israel. It operates in six segments: Retail Centers and Malls in Israel; Office and Other Space for Lease in Israel; Income-producing Property; Senior Housing; Data Centers; and Rental Housing in Israel. The company also develops, acquires, leases out, manages, and mai… Read more
Azrieli Group Ltd (AZRGF) - Net Assets
Latest net assets as of September 2025: $24.80 Billion USD
Based on the latest financial reports, Azrieli Group Ltd (AZRGF) has net assets worth $24.80 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($63.25 Billion) and total liabilities ($38.45 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $24.80 Billion |
| % of Total Assets | 39.2% |
| Annual Growth Rate | 6.2% |
| 5-Year Change | 31.46% |
| 10-Year Change | N/A |
| Growth Volatility | 3.7 |
Azrieli Group Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Azrieli Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Azrieli Group Ltd (2015–2024)
The table below shows the annual net assets of Azrieli Group Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $23.84 Billion | +1.14% |
| 2023-12-31 | $23.57 Billion | +6.63% |
| 2022-12-31 | $22.10 Billion | +6.40% |
| 2021-12-31 | $20.77 Billion | +14.55% |
| 2020-12-31 | $18.13 Billion | +5.91% |
| 2018-12-31 | $17.12 Billion | +4.90% |
| 2017-12-31 | $16.32 Billion | +6.56% |
| 2016-12-31 | $15.32 Billion | +10.43% |
| 2015-12-31 | $13.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Azrieli Group 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 94.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $21.07 Billion | 88.48% |
| Other Components | $2.74 Billion | 11.52% |
| Total Equity | $23.81 Billion | 100.00% |
Azrieli Group Ltd Competitors by Market Cap
The table below lists competitors of Azrieli Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ICU Medical Inc
NASDAQ:ICUI
|
$3.03 Billion |
|
Bosch Limited
NSE:BOSCHLTD
|
$3.03 Billion |
|
Boyd Group Services Inc
PINK:BYDGF
|
$3.03 Billion |
|
LandMark Optoelectronics
TWO:3081
|
$3.03 Billion |
|
Sinolink Securities Co Ltd
SHG:600109
|
$3.03 Billion |
|
HASEKO Corporation
F:HS6
|
$3.03 Billion |
|
Cathay General Bancorp
NASDAQ:CATY
|
$3.03 Billion |
|
Shan Dong Dong-E E-Jiao Co Ltd
SHE:000423
|
$3.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Azrieli Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,543,000,000 to 23,807,000,000, a change of 264,000,000 (1.1%).
- Net income of 1,477,000,000 contributed positively to equity growth.
- Dividend payments of 1,000,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.48 Billion | +6.2% |
| Dividends Paid | $1.00 Billion | -4.2% |
| Other Changes | $-213.00 Million | -0.89% |
| Total Change | $- | 1.12% |
Book Value vs Market Value Analysis
This analysis compares Azrieli Group 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: 0.36x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.47x to 0.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $149.26 | $69.75 | x |
| 2021-12-31 | $171.04 | $69.75 | x |
| 2022-12-31 | $182.01 | $69.75 | x |
| 2023-12-31 | $194.13 | $69.75 | x |
| 2024-12-31 | $196.31 | $69.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Azrieli Group 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): 6.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.02%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.43x
- Recent ROE (6.20%) is below the historical average (8.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 5.96% | 34.39% | 0.09x | 1.92x | $-556.12 Million |
| 2016 | 11.85% | 73.43% | 0.09x | 1.87x | $282.70 Million |
| 2017 | 8.94% | 53.55% | 0.09x | 1.85x | $-172.10 Million |
| 2018 | 7.13% | 41.53% | 0.09x | 1.87x | $-489.70 Million |
| 2020 | 1.04% | 10.51% | 0.05x | 1.94x | $-1.62 Billion |
| 2021 | 13.93% | 130.72% | 0.05x | 2.04x | $814.80 Million |
| 2022 | 8.14% | 66.80% | 0.06x | 2.20x | $-410.30 Million |
| 2023 | 9.45% | 75.60% | 0.05x | 2.30x | $-129.30 Million |
| 2024 | 6.20% | 45.02% | 0.06x | 2.43x | $-903.70 Million |
Industry Comparison
This section compares Azrieli Group Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $2,059,690,269
- Average return on equity (ROE) among peers: -11.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Azrieli Group Ltd (AZRGF) | $24.80 Billion | 5.96% | 1.55x | $3.03 Billion |
| Aroundtown SA (AANNF) | $15.58 Billion | 4.76% | 0.99x | $1.42 Billion |
| AAP Inc (AAPJ) | $-563.85K | 0.00% | 0.00x | $1.96 |
| Ambase Corp (ABCP) | $13.21 Million | -37.29% | 0.03x | $6.43 Million |
| Americann Inc (ACAN) | $2.28 Million | -121.35% | 1.65x | $2.44K |
| Ascendas India Trust (ACNDF) | $608.11 Million | 8.24% | 0.75x | $831.45 Million |
| Adler Group S.A (ADPPF) | $1.83 Billion | 19.44% | 0.92x | $41.80 Million |
| Agritek Holdings Inc (AGTK) | $-2.95 Million | 0.00% | 0.00x | $5.39K |
| reAlpha Tech Corp. Common Stock (AIRE) | $471.59K | 0.00% | 2.14x | $30.35 Million |
| Avalon GloboCare Corp. (ALBT) | $3.55 Million | 1.57% | 0.05x | $2.42 Million |
| Allreal (ALRHF) | $2.56 Billion | 7.14% | 1.27x | $2.39 Billion |