Electra Limited
Electra Limited operates as an electromechanical, and construction and infrastructure company in Israel and internationally. It operates through five segments: Construction and Infrastructure Projects in Israel; Construction projects and Infrastructure Projects Abroad; Facility Management; Development and Construction of Entrepreneurial Real Estate; and Concessions. The company designs, plans, an… Read more
Electra Limited (ETRZF) - Net Assets
Latest net assets as of September 2024: $2.34 Billion USD
Based on the latest financial reports, Electra Limited (ETRZF) has net assets worth $2.34 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.05 Billion) and total liabilities ($9.72 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 | $2.34 Billion |
| % of Total Assets | 19.38% |
| Annual Growth Rate | 10.74% |
| 5-Year Change | 86.82% |
| 10-Year Change | N/A |
| Growth Volatility | 8.91 |
Electra Limited - Net Assets Trend (2015–2023)
This chart illustrates how Electra Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Electra Limited (2015–2023)
The table below shows the annual net assets of Electra Limited from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $1.91 Billion | +7.60% |
| 2022-12-31 | $1.78 Billion | +32.35% |
| 2021-12-31 | $1.34 Billion | +12.58% |
| 2020-12-31 | $1.19 Billion | +16.53% |
| 2018-12-31 | $1.02 Billion | +4.63% |
| 2017-12-31 | $978.24 Million | +5.14% |
| 2016-12-31 | $930.39 Million | +10.09% |
| 2015-12-31 | $845.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Electra Limited'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 130.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.62 Billion | 99.80% |
| Other Components | $3.22 Million | 0.20% |
| Total Equity | $1.63 Billion | 100.00% |
Electra Limited Competitors by Market Cap
The table below lists competitors of Electra Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Openlearning Ltd
AU:OLL
|
$2.71 Million |
|
Duta Pertiwi Nusantara Tbk
JK:DPNS
|
$2.71 Million |
|
Douugh Ltd
AU:DOU
|
$2.71 Million |
|
Efficient E Solutions Bhd
KLSE:0064
|
$2.71 Million |
|
PBG SA
WAR:PBG
|
$2.71 Million |
|
Stuhini Exploration Ltd
PINK:STXPF
|
$2.71 Million |
|
DIGITALBOX PLC LS-01
F:RLXB
|
$2.71 Million |
|
Linkers Industries Limited Class A Ordinary Shares
NASDAQ:LNKS
|
$2.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Electra Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,539,016,000 to 1,627,121,000, a change of 88,105,000 (5.7%).
- Net income of 213,517,000 contributed positively to equity growth.
- Dividend payments of 85,652,000 reduced retained earnings.
- Share repurchases of 16,837,000 reduced equity.
- New share issuances of 13,000 increased equity.
- Other factors decreased equity by 22,936,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $213.52 Million | +13.12% |
| Dividends Paid | $85.65 Million | -5.26% |
| Share Repurchases | $16.84 Million | -1.03% |
| Share Issuances | $13.00K | +0.0% |
| Other Changes | $-22.94 Million | -1.41% |
| Total Change | $- | 5.72% |
Book Value vs Market Value Analysis
This analysis compares Electra Limited'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: 0.66x
- 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 0.90x to 0.66x 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 | $310.65 | $281.04 | x |
| 2021-12-31 | $320.40 | $281.04 | x |
| 2022-12-31 | $401.04 | $281.04 | x |
| 2023-12-31 | $423.79 | $281.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Electra Limited 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): 13.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.84%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 6.86x
- Recent ROE (13.12%) is below the historical average (16.35%), 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 | 18.50% | 3.28% | 1.20x | 4.71x | $69.03 Million |
| 2016 | 16.60% | 2.95% | 1.21x | 4.65x | $59.80 Million |
| 2017 | 17.56% | 2.72% | 1.25x | 5.15x | $70.92 Million |
| 2018 | 16.40% | 2.66% | 1.17x | 5.24x | $63.03 Million |
| 2020 | 12.76% | 1.94% | 1.16x | 5.65x | $32.34 Million |
| 2021 | 15.98% | 2.18% | 1.03x | 7.14x | $73.17 Million |
| 2022 | 19.90% | 2.82% | 1.03x | 6.84x | $152.39 Million |
| 2023 | 13.12% | 1.84% | 1.04x | 6.86x | $50.80 Million |
Industry Comparison
This section compares Electra Limited's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $21,282,152,580
- Average return on equity (ROE) among peers: 31.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Electra Limited (ETRZF) | $2.34 Billion | 18.50% | 4.16x | $2.71 Million |
| Arçelik Anonim Sirketi (ACKAF) | $59.56 Billion | 12.87% | 3.33x | $19.95K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.23 Billion | -15.51% | 0.05x | $232.01K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $316.55 Million | 254.25% | 1.77x | $54.72 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $127.35 Billion | 4.24% | 0.47x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $11.77 Billion | 6.69% | 3.72x | $76.46K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $5.08 Billion | 14.69% | 0.67x | $9.45 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.91 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.36 Billion | 11.17% | 0.52x | $237.68K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.14 Billion | 10.45% | 1.28x | $142.90K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $374.10 | 13.04% | 2.96x | $224.78K |