The Tel-Aviv Stock Exchange Ltd
The Tel-Aviv Stock Exchange Ltd. operates as a stock exchange in Israel. The company offers markets for the listing and trading of a range of securities and derivative instruments, including stocks, corporate bonds, government bonds, treasury bills, structured bonds, exchange traded funds (ETFs), convertible securities, mutual funds, commodities, options, and futures. It also engages in the clear… Read more
The Tel-Aviv Stock Exchange Ltd (TVAVF) - Net Assets
Latest net assets as of September 2025: $599.36 Million USD
Based on the latest financial reports, The Tel-Aviv Stock Exchange Ltd (TVAVF) has net assets worth $599.36 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 ($1.62 Billion) and total liabilities ($1.02 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 | $599.36 Million |
| % of Total Assets | 37.09% |
| Annual Growth Rate | 3.96% |
| 5-Year Change | 14.33% |
| 10-Year Change | N/A |
| Growth Volatility | 31.02 |
The Tel-Aviv Stock Exchange Ltd - Net Assets Trend (2015–2024)
This chart illustrates how The Tel-Aviv Stock Exchange 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 The Tel-Aviv Stock Exchange Ltd (2015–2024)
The table below shows the annual net assets of The Tel-Aviv Stock Exchange Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $721.27 Million | +79.54% |
| 2023-12-31 | $401.72 Million | -41.48% |
| 2022-12-31 | $686.45 Million | +3.71% |
| 2021-12-31 | $661.87 Million | +4.92% |
| 2020-12-31 | $630.84 Million | +12.67% |
| 2018-12-31 | $559.89 Million | +6.81% |
| 2017-12-31 | $524.22 Million | +2.70% |
| 2016-12-31 | $510.44 Million | +0.41% |
| 2015-12-31 | $508.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Tel-Aviv Stock Exchange 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $721.27 Million | 100.00% |
| Total Equity | $721.27 Million | 100.00% |
The Tel-Aviv Stock Exchange Ltd Competitors by Market Cap
The table below lists competitors of The Tel-Aviv Stock Exchange Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ECOPRO MAT
KO:450080
|
$1.07 Billion |
|
TriNet Group Inc
NYSE:TNET
|
$1.07 Billion |
|
Ningbo ZhongDa Leader Intelligent Transmission Co Ltd
SHE:002896
|
$1.07 Billion |
|
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
|
$1.07 Billion |
|
Shanghai New Vision Microelectronics Co. Ltd. A
SHG:688593
|
$1.07 Billion |
|
Solar Applied Materials Technology
TWO:1785
|
$1.07 Billion |
|
MNYFF
PINK:MNYFF
|
$1.07 Billion |
|
Shanghai Haixin Group Co Ltd A
SHG:600851
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Tel-Aviv Stock Exchange Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 401,720,000 to 721,268,000, a change of 319,548,000 (79.5%).
- Net income of 101,394,000 contributed positively to equity growth.
- Dividend payments of 272,718,000 reduced retained earnings.
- Other factors increased equity by 490,872,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $101.39 Million | +14.06% |
| Dividends Paid | $272.72 Million | -37.81% |
| Other Changes | $490.87 Million | +68.06% |
| Total Change | $- | 79.54% |
Book Value vs Market Value Analysis
This analysis compares The Tel-Aviv Stock Exchange 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: 1.61x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.94x to 1.61x 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 | $6.24 | $12.12 | x |
| 2021-12-31 | $6.53 | $12.12 | x |
| 2022-12-31 | $6.81 | $12.12 | x |
| 2023-12-31 | $4.35 | $12.12 | x |
| 2024-12-31 | $7.52 | $12.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Tel-Aviv Stock Exchange 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): 14.06%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.16%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 2.53x
- Recent ROE (14.06%) is above the historical average (8.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.98% | 7.71% | 0.13x | 3.86x | $-30.59 Million |
| 2016 | 0.41% | 0.87% | 0.13x | 3.56x | $-48.94 Million |
| 2017 | -2.72% | -5.89% | 0.10x | 4.45x | $-66.69 Million |
| 2018 | 15.44% | 33.81% | 0.16x | 2.88x | $30.43 Million |
| 2020 | 5.85% | 12.13% | 0.26x | 1.88x | $-26.18 Million |
| 2021 | 6.87% | 14.05% | 0.21x | 2.36x | $-20.72 Million |
| 2022 | 7.41% | 14.08% | 0.20x | 2.64x | $-17.81 Million |
| 2023 | 20.71% | 21.34% | 0.14x | 6.70x | $43.03 Million |
| 2024 | 14.06% | 23.16% | 0.24x | 2.53x | $29.27 Million |
Industry Comparison
This section compares The Tel-Aviv Stock Exchange Ltd's net assets metrics with peer companies in the Financial Data & Stock Exchanges industry.
Industry Context
- Industry: Financial Data & Stock Exchanges
- Average net assets among peers: $9,077,174,558
- Average return on equity (ROE) among peers: -171.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Tel-Aviv Stock Exchange Ltd (TVAVF) | $599.36 Million | 3.98% | 1.70x | $1.07 Billion |
| ASX Limited (ASXFF) | $2.76 Billion | 10.63% | 2.45x | $7.32 Billion |
| B3 S.A. - Brasil Bolsa Balcão (BOLSY) | $25.40 Billion | 10.69% | 0.58x | $16.93 Billion |
| Bolsa Mexicana de Valores S.A.B. de C.V (BOMXF) | $7.67 Billion | 19.68% | 0.15x | $1.05 Billion |
| Bursa Malaysia Bhd Ord (BSMAF) | $827.48 Million | 20.92% | 1.10x | $835.52 Million |
| Bit Origin Ltd (BTOG) | $909.58K | -1927.48% | 6.35x | $2.63 Million |
| Cboe Global Markets Inc (CBOE) | $3.60 Billion | 14.67% | 0.89x | $30.38 Billion |
| CME Group Inc (CME) | $28.73 Billion | 14.08% | 5.91x | $110.13 Billion |
| Coinbase Global Inc (COIN) | $10.28 Billion | 25.10% | 1.19x | $46.24 Billion |
| Deutsche Börse AG (DBOEF) | $11.26 Billion | 17.31% | 18.73x | $44.04 Billion |
| Dun & Bradstreet Holdings Inc. (DNB) | $250.60 Million | 82.44% | 4.68x | $2.89 Billion |