Menora Mivtachim Holdings Ltd
Menora Mivtachim Holdings Ltd operates in insurance and finance sectors in Israel. The company offers life and health, mortgage, disability, critical illness, travel, personal accident, home, and business insurance products, as well as car, third party car, truck, and motorcycle insurance products; and pension and provident funds. It also engages in the mutual funds and securities underwriting, r… Read more
Menora Mivtachim Holdings Ltd (MNRHF) - Net Assets
Latest net assets as of September 2025: $8.79 Billion USD
Based on the latest financial reports, Menora Mivtachim Holdings Ltd (MNRHF) has net assets worth $8.79 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 ($78.66 Billion) and total liabilities ($69.86 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 | $8.79 Billion |
| % of Total Assets | 11.18% |
| Annual Growth Rate | 10.03% |
| 5-Year Change | 52.65% |
| 10-Year Change | 132.51% |
| Growth Volatility | 13.55 |
Menora Mivtachim Holdings Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Menora Mivtachim Holdings 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 Menora Mivtachim Holdings Ltd (2005–2024)
The table below shows the annual net assets of Menora Mivtachim Holdings Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.41 Billion | +12.01% |
| 2023-12-31 | $6.62 Billion | +8.86% |
| 2022-12-31 | $6.08 Billion | +8.40% |
| 2021-12-31 | $5.61 Billion | +15.49% |
| 2020-12-31 | $4.86 Billion | +15.87% |
| 2019-12-31 | $4.19 Billion | +11.51% |
| 2018-12-31 | $3.76 Billion | +3.59% |
| 2017-12-31 | $3.63 Billion | +7.09% |
| 2016-12-31 | $3.39 Billion | +6.26% |
| 2015-12-31 | $3.19 Billion | +3.69% |
| 2014-12-31 | $3.07 Billion | +4.77% |
| 2013-12-31 | $2.93 Billion | +11.72% |
| 2012-12-31 | $2.63 Billion | +18.94% |
| 2011-12-31 | $2.21 Billion | -2.00% |
| 2010-12-31 | $2.25 Billion | +15.54% |
| 2009-12-31 | $1.95 Billion | +51.63% |
| 2008-12-31 | $1.29 Billion | -23.37% |
| 2007-12-31 | $1.68 Billion | +12.70% |
| 2006-12-31 | $1.49 Billion | +23.61% |
| 2005-12-31 | $1.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Menora Mivtachim Holdings 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 591380200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.91 Billion | 81.97% |
| Common Stock | $99.43 Million | 1.38% |
| Other Comprehensive Income | $958.53 Million | 13.29% |
| Other Components | $242.44 Million | 3.36% |
| Total Equity | $7.21 Billion | 100.00% |
Menora Mivtachim Holdings Ltd Competitors by Market Cap
The table below lists competitors of Menora Mivtachim Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tongyu Communication Inc
SHE:002792
|
$1.51 Billion |
|
Fujian Snowman Co Ltd
SHE:002639
|
$1.51 Billion |
|
Quantum Computing Inc
NASDAQ:QUBT
|
$1.51 Billion |
|
Newell Rubbermaid Inc.
NASDAQ:NWL
|
$1.51 Billion |
|
Xinxing Ductile Iron Pipes Co Ltd
SHE:000778
|
$1.51 Billion |
|
Delek Group Ltd
PINK:DLKGF
|
$1.51 Billion |
|
Soitec S.A
PINK:SLOIF
|
$1.51 Billion |
|
Upwork Inc
NASDAQ:UPWK
|
$1.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Menora Mivtachim Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,430,837,000 to 7,214,205,000, a change of 783,368,000 (12.2%).
- Net income of 1,079,689,000 contributed positively to equity growth.
- Dividend payments of 460,148,000 reduced retained earnings.
- Other comprehensive income increased equity by 729,318,193.
- Other factors decreased equity by 565,491,193.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.08 Billion | +14.97% |
| Dividends Paid | $460.15 Million | -6.38% |
| Other Comprehensive Income | $729.32 Million | +10.11% |
| Other Changes | $-565.49 Million | -7.84% |
| Total Change | $- | 12.18% |
Book Value vs Market Value Analysis
This analysis compares Menora Mivtachim Holdings 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: 0.22x
- 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 1.22x to 0.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $20.56 | $25.05 | x |
| 2006-12-31 | $23.92 | $25.05 | x |
| 2007-12-31 | $26.57 | $25.05 | x |
| 2008-12-31 | $20.32 | $25.05 | x |
| 2009-12-31 | $30.84 | $25.05 | x |
| 2010-12-31 | $35.60 | $25.05 | x |
| 2011-12-31 | $34.78 | $25.05 | x |
| 2012-12-31 | $41.36 | $25.05 | x |
| 2013-12-31 | $46.23 | $25.05 | x |
| 2014-12-31 | $48.46 | $25.05 | x |
| 2015-12-31 | $50.26 | $25.05 | x |
| 2016-12-31 | $53.37 | $25.05 | x |
| 2017-12-31 | $57.15 | $25.05 | x |
| 2018-12-31 | $59.21 | $25.05 | x |
| 2019-12-31 | $66.08 | $25.05 | x |
| 2020-12-31 | $76.60 | $25.05 | x |
| 2021-12-31 | $87.58 | $25.05 | x |
| 2022-12-31 | $93.20 | $25.05 | x |
| 2023-12-31 | $100.96 | $25.05 | x |
| 2024-12-31 | $113.91 | $25.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Menora Mivtachim Holdings 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): 14.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.31%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 10.28x
- Recent ROE (14.97%) is above the historical average (9.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 22.31% | 48.71% | 0.04x | 12.91x | $144.70 Million |
| 2006 | 18.12% | 51.38% | 0.03x | 11.68x | $118.06 Million |
| 2007 | 14.72% | 5.48% | 0.22x | 12.45x | $77.24 Million |
| 2008 | -18.02% | -9.87% | 0.10x | 17.87x | $-360.38 Million |
| 2009 | 20.66% | 4.98% | 0.29x | 14.31x | $207.80 Million |
| 2010 | 12.50% | 4.45% | 0.20x | 13.83x | $56.35 Million |
| 2011 | 1.76% | 0.90% | 0.13x | 14.54x | $-181.21 Million |
| 2012 | 10.47% | 4.01% | 0.20x | 13.30x | $12.40 Million |
| 2013 | 14.73% | 5.58% | 0.20x | 13.06x | $138.44 Million |
| 2014 | 6.90% | 2.82% | 0.18x | 13.82x | $-95.02 Million |
| 2015 | 6.75% | 2.93% | 0.16x | 14.22x | $-103.48 Million |
| 2016 | 1.29% | 0.52% | 0.17x | 14.35x | $-294.12 Million |
| 2017 | 7.73% | 2.84% | 0.19x | 14.29x | $-82.09 Million |
| 2018 | 9.54% | 4.32% | 0.15x | 14.42x | $-17.36 Million |
| 2019 | 7.33% | 2.54% | 0.20x | 14.35x | $-111.73 Million |
| 2020 | 13.36% | 6.80% | 0.15x | 12.78x | $163.05 Million |
| 2021 | 11.83% | 5.05% | 0.19x | 12.05x | $101.51 Million |
| 2022 | 9.09% | 9.11% | 0.09x | 11.46x | $-53.66 Million |
| 2023 | 8.03% | 4.11% | 0.18x | 10.89x | $-127.00 Million |
| 2024 | 14.97% | 7.31% | 0.20x | 10.28x | $358.27 Million |
Industry Comparison
This section compares Menora Mivtachim Holdings Ltd's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $52,810,304,913
- Average return on equity (ROE) among peers: 25.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Menora Mivtachim Holdings Ltd (MNRHF) | $8.79 Billion | 22.31% | 7.95x | $1.51 Billion |
| AIA Group Ltd (AAIGF) | $181.58 Billion | 2.29% | 0.02x | $75.83 Billion |
| Atlantic American Corporation (AAME) | $31.80 Million | 29.56% | 5.46x | $10.89 Million |
| Abacus Life Inc. (ABL) | $766.89K | 130.06% | 1.40x | $276.35 Million |
| Abacus Global Management, Inc. (ABX) | $1.30 Million | 50.90% | 0.12x | $92.43K |
| Aflac Incorporated (AFL) | $1.75 Billion | 16.71% | 10.58x | $56.35 Billion |
| Anadolu Hayat Emeklilik Anonim Sirketi (AUHYF) | $1.88 Billion | 37.14% | 26.33x | $90.55 Million |
| Brighthouse Financial Inc (BHF) | $14.86 Billion | -19.78% | 13.93x | $3.36 Billion |
| Challenger Limited (CFIGF) | $3.25 Billion | -12.80% | 7.79x | $1.66 Billion |
| Citizens Inc (CIA) | $28.30 Million | 19.53% | 3.74x | $217.00 Million |
| China Life Insurance Co Ltd (CILJF) | $324.71 Billion | 0.30% | 0.01x | $16.34 Billion |