Afcon Holdings Ltd (AFHL) - Net Assets
Based on the latest financial reports, Afcon Holdings Ltd (AFHL) has net assets worth ILA658.37 Million ILA (≈ $1.77 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA2.07 Billion ≈ $5.54 Million USD) and total liabilities (ILA1.41 Billion ≈ $3.77 Million USD). 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. Also explore Afcon Holdings Ltd assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA658.37 Million |
| % of Total Assets | 31.87% |
| Annual Growth Rate | 12.3% |
| 5-Year Change | 25.33% |
| 10-Year Change | 95.63% |
| Growth Volatility | 17.3 |
Afcon Holdings Ltd - Net Assets Trend (2004–2025)
This chart illustrates how Afcon Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Check Afcon Holdings Ltd (AFHL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Afcon Holdings Ltd (2004–2025)
The table below shows the annual net assets of Afcon Holdings Ltd from 2004 to 2025. For live valuation and market cap data, see Afcon Holdings Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA691.33 Million ≈ $1.85 Million |
+25.30% |
| 2024-12-31 | ILA551.72 Million ≈ $1.48 Million |
+16.09% |
| 2023-12-31 | ILA475.25 Million ≈ $1.27 Million |
-0.84% |
| 2022-12-31 | ILA479.27 Million ≈ $1.28 Million |
-13.11% |
| 2021-12-31 | ILA551.58 Million ≈ $1.48 Million |
+10.78% |
| 2020-12-31 | ILA497.92 Million ≈ $1.33 Million |
+4.04% |
| 2019-12-31 | ILA478.61 Million ≈ $1.28 Million |
+12.56% |
| 2018-12-31 | ILA425.19 Million ≈ $1.14 Million |
+11.36% |
| 2017-12-31 | ILA381.82 Million ≈ $1.02 Million |
+8.05% |
| 2016-12-31 | ILA353.38 Million ≈ $947.40K |
+6.08% |
| 2015-12-31 | ILA333.13 Million ≈ $893.11K |
+17.19% |
| 2014-12-31 | ILA284.25 Million ≈ $762.07K |
+11.85% |
| 2013-12-31 | ILA254.13 Million ≈ $681.31K |
+11.24% |
| 2012-12-31 | ILA228.45 Million ≈ $612.47K |
-0.16% |
| 2011-12-31 | ILA228.83 Million ≈ $613.47K |
+8.99% |
| 2010-12-31 | ILA209.94 Million ≈ $562.86K |
+8.34% |
| 2009-12-31 | ILA193.79 Million ≈ $519.54K |
+37.60% |
| 2008-12-31 | ILA140.83 Million ≈ $377.56K |
+1.67% |
| 2007-12-31 | ILA138.52 Million ≈ $371.37K |
+69.13% |
| 2006-12-31 | ILA81.90 Million ≈ $219.58K |
-3.17% |
| 2005-12-31 | ILA84.59 Million ≈ $226.77K |
+39.78% |
| 2004-12-31 | ILA60.52 Million ≈ $162.24K |
-- |
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 41633300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA416.33 Million | 63.05% |
| Common Stock | ILA29.39 Million | 4.45% |
| Other Comprehensive Income | ILA-15.95 Million | -2.41% |
| Other Components | ILA230.55 Million | 34.91% |
| Total Equity | ILA660.32 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 |
|---|---|
|
Wuhan Fingu Electronic Technology Co Ltd
SHE:002194
|
$892.88 Million |
|
Dongguan Tarry Electronics Co.Ltd
SHE:300976
|
$893.07 Million |
|
Shandong Shanda Wit Science and Technology Co Ltd
SHE:000915
|
$893.26 Million |
|
Yunding Technology Co Ltd
SHE:000409
|
$893.58 Million |
|
Shanghai Hajime Advanced Material Technology Co. Ltd.
SHE:301000
|
$892.07 Million |
|
NGERN TID LOR-NVDR- BA37
F:70V0
|
$891.95 Million |
|
Aktia Bank Abp
HE:AKTIA
|
$891.71 Million |
|
WESTLIFE FOODWORLD LIMITED
NSE:WESTLIFE
|
$891.67 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 2024 to 2025, total equity changed from 529,424,000 to 660,321,000, a change of 130,897,000 (24.7%).
- Net income of 76,966,000 contributed positively to equity growth.
- Dividend payments of 20,000,000 reduced retained earnings.
- New share issuances of 73,196,000 increased equity.
- Other comprehensive income increased equity by 2,979,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA76.97 Million | +11.66% |
| Dividends Paid | ILA20.00 Million | -3.03% |
| Share Issuances | ILA73.20 Million | +11.08% |
| Other Comprehensive Income | ILA2.98 Million | +0.45% |
| Other Changes | ILA-2.24 Million | -0.34% |
| Total Change | ILA- | 24.72% |
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: 470.03x
- 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 1319.14x to 470.03x 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 | ILA57580.00 | x |
| 2012-12-31 | ILA48.72 | ILA57580.00 | x |
| 2013-12-31 | ILA53.88 | ILA57580.00 | x |
| 2014-12-31 | ILA60.25 | ILA57580.00 | x |
| 2015-12-31 | ILA70.75 | ILA57580.00 | x |
| 2016-12-31 | ILA75.18 | ILA57580.00 | x |
| 2017-12-31 | ILA81.34 | ILA57580.00 | x |
| 2018-12-31 | ILA89.34 | ILA57580.00 | x |
| 2019-12-31 | ILA92.14 | ILA57580.00 | x |
| 2020-12-31 | ILA95.64 | ILA57580.00 | x |
| 2021-12-31 | ILA105.82 | ILA57580.00 | x |
| 2022-12-31 | ILA88.49 | ILA57580.00 | x |
| 2023-12-31 | ILA88.98 | ILA57580.00 | x |
| 2024-12-31 | ILA99.94 | ILA57580.00 | x |
| 2025-12-31 | ILA122.50 | ILA57580.00 | 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): 11.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.57%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 3.21x
- Recent ROE (11.66%) is below the historical average (13.57%), 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 |
| 2025 | 11.66% | 4.57% | 0.80x | 3.21x | ILA10.93 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: $165,358,108
- Average return on equity (ROE) among peers: -7.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Afcon Holdings Ltd (AFHL) | ILA658.37 Million | 15.10% | 2.14x | $892.27 Million |
| Inter Industries (ININ) | $88.01 Million | -2.69% | 2.25x | $48.86 Million |
| P.C.B Tec (PCBT) | $59.26 Million | -2.66% | 0.47x | $248.85 Million |
| Priortech (PRTC) | $426.71 Million | 0.00% | 0.55x | $1.01 Billion |
| Tedea Technological Development and Automation Ltd (TEDE) | $87.45 Million | -23.86% | 0.78x | $6.13 Million |
About Afcon Holdings Ltd
Afcon Holdings Ltd develops and executes solutions for 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 also conducts projects in the field of en… Read more