Afcon Holdings Ltd
Afcon Holdings Ltd develops and executes construction projects in Israel and internationally. It provides electric charging solutions; generates electricity from wind energies; delivers hybrid systems and technological solutions for dealing with water and wastewater; and markets, sells, installs, and maintains green technologies. The company conducts projects in the field of end-to-end communicat… Read more
Afcon Holdings Ltd (AFHL) - Net Assets
Latest net assets as of September 2025: ILA598.71 Million ILA
Based on the latest financial reports, Afcon Holdings Ltd (AFHL) has net assets worth ILA598.71 Million ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA2.01 Billion) and total liabilities (ILA1.41 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 | ILA598.71 Million |
| % of Total Assets | 29.79% |
| Annual Growth Rate | 11.68% |
| 5-Year Change | 10.8% |
| 10-Year Change | 65.62% |
| Growth Volatility | 17.52 |
Afcon Holdings Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Afcon 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 Afcon Holdings Ltd (2004–2024)
The table below shows the annual net assets of Afcon Holdings Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA551.72 Million | +16.09% |
| 2023-12-31 | ILA475.25 Million | -0.84% |
| 2022-12-31 | ILA479.27 Million | -13.11% |
| 2021-12-31 | ILA551.58 Million | +10.78% |
| 2020-12-31 | ILA497.92 Million | +4.04% |
| 2019-12-31 | ILA478.61 Million | +12.56% |
| 2018-12-31 | ILA425.19 Million | +11.36% |
| 2017-12-31 | ILA381.82 Million | +8.05% |
| 2016-12-31 | ILA353.38 Million | +6.08% |
| 2015-12-31 | ILA333.13 Million | +17.19% |
| 2014-12-31 | ILA284.25 Million | +11.85% |
| 2013-12-31 | ILA254.13 Million | +11.24% |
| 2012-12-31 | ILA228.45 Million | -0.16% |
| 2011-12-31 | ILA228.83 Million | +8.99% |
| 2010-12-31 | ILA209.94 Million | +8.34% |
| 2009-12-31 | ILA193.79 Million | +37.60% |
| 2008-12-31 | ILA140.83 Million | +1.67% |
| 2007-12-31 | ILA138.52 Million | +69.13% |
| 2006-12-31 | ILA81.90 Million | -3.17% |
| 2005-12-31 | ILA84.59 Million | +39.78% |
| 2004-12-31 | ILA60.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Afcon 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 35936700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA359.37 Million | 67.88% |
| Common Stock | ILA29.12 Million | 5.50% |
| Other Comprehensive Income | ILA-18.92 Million | -3.57% |
| Other Components | ILA159.86 Million | 30.20% |
| Total Equity | ILA529.42 Million | 100.00% |
Afcon Holdings Ltd Competitors by Market Cap
The table below lists competitors of Afcon Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Garibaldi Resources Corp
PINK:GGIFF
|
$4.83 Million |
|
Austral Gold Limited
PINK:AGLDF
|
$4.83 Million |
|
SKOTAN S.A. ZY 244
F:X2Z
|
$4.83 Million |
|
Umang Dairies Limited
NSE:UMANGDAIRY
|
$4.83 Million |
|
Agereh Technologies Inc
V:AUTO
|
$4.83 Million |
|
Park Street A/S
CO:PARKST-A
|
$4.83 Million |
|
BioForce Nanosciences Holdings Inc
PINK:BFNH
|
$4.82 Million |
|
Finlay Minerals Ltd
OTCQB:FYMNF
|
$4.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Afcon Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 450,869,000 to 529,424,000, a change of 78,555,000 (17.4%).
- Net income of 59,798,000 contributed positively to equity growth.
- New share issuances of 21,562,000 increased equity.
- Other comprehensive income decreased equity by 18,924,000.
- Other factors increased equity by 16,119,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA59.80 Million | +11.29% |
| Share Issuances | ILA21.56 Million | +4.07% |
| Other Comprehensive Income | ILA-18.92 Million | -3.57% |
| Other Changes | ILA16.12 Million | +3.04% |
| Total Change | ILA- | 17.42% |
Book Value vs Market Value Analysis
This analysis compares Afcon 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: 383.23x
- 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 decreased from 877.44x to 383.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | ILA43.65 | ILA38300.00 | x |
| 2012-12-31 | ILA48.72 | ILA38300.00 | x |
| 2013-12-31 | ILA53.88 | ILA38300.00 | x |
| 2014-12-31 | ILA60.25 | ILA38300.00 | x |
| 2015-12-31 | ILA70.75 | ILA38300.00 | x |
| 2016-12-31 | ILA75.18 | ILA38300.00 | x |
| 2017-12-31 | ILA81.34 | ILA38300.00 | x |
| 2018-12-31 | ILA89.34 | ILA38300.00 | x |
| 2019-12-31 | ILA92.14 | ILA38300.00 | x |
| 2020-12-31 | ILA95.64 | ILA38300.00 | x |
| 2021-12-31 | ILA105.82 | ILA38300.00 | x |
| 2022-12-31 | ILA88.49 | ILA38300.00 | x |
| 2023-12-31 | ILA88.98 | ILA38300.00 | x |
| 2024-12-31 | ILA99.94 | ILA38300.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Afcon 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): 11.29%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.35%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 3.68x
- Recent ROE (11.29%) is below the historical average (13.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 15.10% | 2.06% | 1.04x | 7.06x | ILA2.93 Million |
| 2006 | 17.17% | 2.26% | 1.23x | 6.20x | ILA5.08 Million |
| 2007 | 39.62% | 6.23% | 1.54x | 4.14x | ILA34.84 Million |
| 2008 | 29.49% | 4.94% | 1.17x | 5.11x | ILA23.28 Million |
| 2009 | 28.24% | 5.25% | 1.26x | 4.26x | ILA30.85 Million |
| 2010 | 13.99% | 2.96% | 1.08x | 4.39x | ILA7.37 Million |
| 2011 | 17.91% | 4.02% | 1.10x | 4.05x | ILA16.11 Million |
| 2012 | 14.34% | 3.37% | 1.18x | 3.60x | ILA9.93 Million |
| 2013 | 10.47% | 2.52% | 1.17x | 3.55x | ILA1.20 Million |
| 2014 | 15.34% | 3.67% | 1.20x | 3.48x | ILA15.20 Million |
| 2015 | 18.93% | 4.74% | 1.19x | 3.35x | ILA29.83 Million |
| 2016 | 12.36% | 3.06% | 0.99x | 4.11x | ILA8.38 Million |
| 2017 | 12.22% | 3.13% | 1.05x | 3.71x | ILA8.51 Million |
| 2018 | 10.48% | 2.78% | 1.04x | 3.64x | ILA2.01 Million |
| 2019 | -5.08% | -1.44% | 0.99x | 3.56x | ILA-71.48 Million |
| 2020 | 2.74% | 0.78% | 0.92x | 3.81x | ILA-35.71 Million |
| 2021 | 22.31% | 5.65% | 1.08x | 3.64x | ILA65.88 Million |
| 2022 | -11.81% | -2.57% | 1.12x | 4.09x | ILA-99.40 Million |
| 2023 | -1.90% | -0.40% | 1.16x | 4.13x | ILA-53.65 Million |
| 2024 | 11.29% | 3.35% | 0.92x | 3.68x | ILA6.86 Million |
Industry Comparison
This section compares Afcon Holdings Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $174,259,689
- Average return on equity (ROE) among peers: 6.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Afcon Holdings Ltd (AFHL) | ILA598.71 Million | 15.10% | 2.36x | $4.83 Million |
| Inter Industries (ININ) | $71.92 Million | 11.21% | 1.40x | $339.38K |
| P.C.B Tec (PCBT) | $59.26 Million | -2.66% | 0.47x | $3.08 Million |
| Priortech (PRTC) | $462.31 Million | 23.76% | 0.52x | $8.46 Million |
| Tedea Technological Development and Automation Ltd (TEDE) | $103.55 Million | -6.34% | 0.70x | $77.95K |