Adgar Investments and Development Ltd
Adgar Investments and Development Ltd engages in the real estate business in Israel, Canada, Poland, and Belgium. The company invests in office space. It also develops income-producing office assets through land purchases and utilization of land reserves associated to various property holdings. The company was incorporated in 1977 and is based in Petah Tikva, Israel. Adgar Investments and Develop… Read more
Adgar Investments and Development Ltd (ADGR) - Net Assets
Latest net assets as of September 2025: ILA1.54 Billion ILA
Based on the latest financial reports, Adgar Investments and Development Ltd (ADGR) has net assets worth ILA1.54 Billion ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA5.67 Billion) and total liabilities (ILA4.13 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 | ILA1.54 Billion |
| % of Total Assets | 27.12% |
| Annual Growth Rate | 9.1% |
| 5-Year Change | 11.23% |
| 10-Year Change | 67.96% |
| Growth Volatility | 25.79 |
Adgar Investments and Development Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Adgar Investments and Development 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 Adgar Investments and Development Ltd (2001–2024)
The table below shows the annual net assets of Adgar Investments and Development Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA1.40 Billion | -5.70% |
| 2023-12-31 | ILA1.48 Billion | +7.82% |
| 2022-12-31 | ILA1.37 Billion | +0.40% |
| 2021-12-31 | ILA1.37 Billion | +8.97% |
| 2020-12-31 | ILA1.25 Billion | -3.69% |
| 2019-12-31 | ILA1.30 Billion | +21.44% |
| 2018-12-31 | ILA1.07 Billion | +2.83% |
| 2017-12-31 | ILA1.04 Billion | +24.17% |
| 2016-12-31 | ILA840.11 Million | +1.11% |
| 2015-12-31 | ILA830.85 Million | -9.84% |
| 2014-12-31 | ILA921.53 Million | +5.13% |
| 2013-12-31 | ILA876.56 Million | +1.14% |
| 2012-12-31 | ILA866.65 Million | +3.70% |
| 2011-12-31 | ILA835.73 Million | +12.11% |
| 2010-12-31 | ILA745.42 Million | +8.71% |
| 2009-12-31 | ILA685.68 Million | -12.51% |
| 2008-12-31 | ILA783.76 Million | -19.06% |
| 2007-12-31 | ILA968.33 Million | +30.65% |
| 2006-12-31 | ILA741.15 Million | +104.98% |
| 2005-12-31 | ILA361.56 Million | +0.79% |
| 2004-12-31 | ILA358.74 Million | +63.93% |
| 2003-12-31 | ILA218.84 Million | +9.47% |
| 2002-12-31 | ILA199.91 Million | +6.27% |
| 2001-12-31 | ILA188.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Adgar Investments and Development 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 10256.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA997.37 Million | 71.47% |
| Common Stock | ILA208.51 Million | 14.94% |
| Other Comprehensive Income | ILA-402.47 Million | -28.84% |
| Other Components | ILA592.05 Million | 42.43% |
| Total Equity | ILA1.40 Billion | 100.00% |
Adgar Investments and Development Ltd Competitors by Market Cap
The table below lists competitors of Adgar Investments and Development Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pasdec Holdings Bhd
KLSE:6912
|
$2.29 Million |
|
Tongda Group Holdings Limited
F:TJC
|
$2.29 Million |
|
AXMIN Inc
PINK:AXMIF
|
$2.29 Million |
|
Alliance Entertainment Holding Corporation Warrants
NASDAQ:AENTW
|
$2.29 Million |
|
Natus Medical Incorporated
F:NM4
|
$2.29 Million |
|
UV GERMI S.A. EO -15
F:1NY
|
$2.29 Million |
|
MANTLE MINERALS
F:MXB0
|
$2.29 Million |
|
Welsis Corp.
OTCGREY:WLSS
|
$2.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adgar Investments and Development Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,479,865,000 to 1,395,464,000, a change of -84,401,000 (-5.7%).
- Net loss of 7,128,000 reduced equity.
- Other comprehensive income decreased equity by 77,273,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-7.13 Million | -0.51% |
| Other Comprehensive Income | ILA-77.27 Million | -5.54% |
| Total Change | ILA- | -5.70% |
Book Value vs Market Value Analysis
This analysis compares Adgar Investments and Development 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: 72.84x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 64.40x to 72.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | ILA7.22 | ILA464.80 | x |
| 2009-12-31 | ILA6.30 | ILA464.80 | x |
| 2010-12-31 | ILA6.79 | ILA464.80 | x |
| 2011-12-31 | ILA7.40 | ILA464.80 | x |
| 2012-12-31 | ILA7.72 | ILA464.80 | x |
| 2013-12-31 | ILA7.47 | ILA464.80 | x |
| 2014-12-31 | ILA7.70 | ILA464.80 | x |
| 2015-12-31 | ILA6.85 | ILA464.80 | x |
| 2016-12-31 | ILA6.93 | ILA464.80 | x |
| 2017-12-31 | ILA8.63 | ILA464.80 | x |
| 2018-12-31 | ILA7.83 | ILA464.80 | x |
| 2019-12-31 | ILA9.43 | ILA464.80 | x |
| 2020-12-31 | ILA8.24 | ILA464.80 | x |
| 2021-12-31 | ILA8.32 | ILA464.80 | x |
| 2022-12-31 | ILA8.32 | ILA464.80 | x |
| 2023-12-31 | ILA8.98 | ILA464.80 | x |
| 2024-12-31 | ILA6.38 | ILA464.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adgar Investments and Development 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): -0.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.11%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 3.93x
- Recent ROE (-0.51%) is below the historical average (6.28%), 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 | 4.19% | 9.16% | 0.10x | 4.69x | ILA-10.52 Million |
| 2002 | 9.35% | 15.58% | 0.11x | 5.64x | ILA-1.22 Million |
| 2003 | 7.94% | 14.21% | 0.10x | 5.79x | ILA-4.18 Million |
| 2004 | 8.71% | 26.34% | 0.08x | 4.18x | ILA-4.34 Million |
| 2005 | 2.59% | 7.75% | 0.07x | 4.80x | ILA-25.75 Million |
| 2006 | 18.19% | 34.55% | 0.19x | 2.80x | ILA59.41 Million |
| 2007 | 11.73% | 37.32% | 0.09x | 3.42x | ILA16.49 Million |
| 2008 | 2.58% | 10.05% | 0.06x | 4.16x | ILA-58.00 Million |
| 2009 | -21.89% | 0.00% | -0.01x | 4.66x | ILA-217.83 Million |
| 2010 | 12.38% | 28.39% | 0.10x | 4.38x | ILA17.73 Million |
| 2011 | 9.05% | 22.87% | 0.09x | 4.22x | ILA-7.93 Million |
| 2012 | 8.15% | 35.80% | 0.06x | 3.80x | ILA-16.07 Million |
| 2013 | 8.86% | 37.20% | 0.06x | 4.32x | ILA-9.52 Million |
| 2014 | 7.79% | 37.46% | 0.05x | 4.41x | ILA-19.35 Million |
| 2015 | 7.33% | 28.48% | 0.05x | 4.91x | ILA-20.96 Million |
| 2016 | 5.00% | 17.96% | 0.06x | 4.92x | ILA-39.82 Million |
| 2017 | 10.60% | 47.05% | 0.05x | 4.19x | ILA6.00 Million |
| 2018 | 6.90% | 29.33% | 0.05x | 4.42x | ILA-32.02 Million |
| 2019 | 13.78% | 72.61% | 0.05x | 3.65x | ILA48.02 Million |
| 2020 | -2.73% | -14.23% | 0.05x | 3.84x | ILA-159.71 Million |
| 2021 | 14.79% | 76.40% | 0.05x | 3.60x | ILA65.54 Million |
| 2022 | -0.40% | -1.79% | 0.06x | 3.98x | ILA-142.69 Million |
| 2023 | 6.45% | 29.77% | 0.06x | 3.82x | ILA-52.48 Million |
| 2024 | -0.51% | -2.11% | 0.06x | 3.93x | ILA-146.67 Million |
Industry Comparison
This section compares Adgar Investments and Development 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: $3,093,008,111
- Average return on equity (ROE) among peers: 8.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adgar Investments and Development Ltd (ADGR) | ILA1.54 Billion | 4.19% | 2.69x | $2.29 Million |
| Afi Properties Ltd (AFPR) | $4.49 Billion | 17.55% | 2.13x | $28.31 Million |
| Alony Hetz Properties and Investments Ltd (ALHE) | $6.06 Billion | 9.04% | 1.57x | $21.23 Million |
| Amot Investments Ltd (AMOT) | $7.60 Billion | 12.26% | 1.31x | $30.57 Million |
| Argo Properties NV (ARGO) | $231.84 Million | 9.77% | 0.49x | $7.87 Million |
| Ari Real Estate Arena Investment Ltd (ARIN) | $272.87 Million | -30.38% | 4.24x | $4.57 Million |
| ES Australia Israel Holdings Ltd (AUIS) | $100.51 Million | -2.75% | 0.01x | $149.05K |
| Brack Capit N V (BCNV) | $454.10 Million | 13.97% | 1.82x | $4.13 Million |
| Big Shopping Centers Ltd (BIG) | $8.57 Billion | 12.23% | 2.14x | $52.08 Million |
| Buligo Capital Ltd (BLGO) | $60.63 Million | 31.49% | 0.06x | $1.27 Million |