Afcon Holdings Ltd (AFHL) - Net Assets

Latest as of March 2026: ILA658.37 Million ILA ≈ $1.77 Million USD

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. Check how tangible is Afcon Holdings Ltd's equity to evaluate the tangible quality of the company's equity 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. See Afcon Holdings Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

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 AFHL stock market capitalisation.

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
Ray Sigorta AS IS:RAYSG	$721.70 Million
Shanghai CEO Environmental Protection Technology Co Ltd SHG:688335	$721.78 Million
CFM Indosuez Wealth SA PA:MLCFM	$721.98 Million
Guangzhou Jinzhong Auto Parts Manufacturing Co. Ltd. SHE:301133	$722.17 Million
Shandong Huatai Paper Industry Shareholding Co Ltd SHG:600308	$721.39 Million
Riley Exploration Permian Inc NYSE MKT:REPX	$721.17 Million
Metalla Royalty & Streaming Ltd V:MTA	$721.13 Million
Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd SHE:300478	$721.06 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: 387.91x
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 1088.67x to 387.91x 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	ILA47520.00	x
2012-12-31	ILA48.72	ILA47520.00	x
2013-12-31	ILA53.88	ILA47520.00	x
2014-12-31	ILA60.25	ILA47520.00	x
2015-12-31	ILA70.75	ILA47520.00	x
2016-12-31	ILA75.18	ILA47520.00	x
2017-12-31	ILA81.34	ILA47520.00	x
2018-12-31	ILA89.34	ILA47520.00	x
2019-12-31	ILA92.14	ILA47520.00	x
2020-12-31	ILA95.64	ILA47520.00	x
2021-12-31	ILA105.82	ILA47520.00	x
2022-12-31	ILA88.49	ILA47520.00	x
2023-12-31	ILA88.98	ILA47520.00	x
2024-12-31	ILA99.94	ILA47520.00	x
2025-12-31	ILA122.50	ILA47520.00	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	$721.47 Million
Inter Industries (ININ)	$88.01 Million	-2.69%	2.25x	$35.23 Million
P.C.B Tec (PCBT)	$59.26 Million	-2.66%	0.47x	$234.21 Million
Priortech (PRTC)	$426.71 Million	0.00%	0.55x	$990.91 Million
Tedea Technological Development and Automation Ltd (TEDE)	$87.45 Million	-23.86%	0.78x	$5.97 Million

About Afcon Holdings Ltd

TA:AFHL Israel Electronic Components

Market Cap

$721.47 Million

ILA269.11 Billion ILA

Market Cap Rank

#10589 Global

#116 in Israel

Share Price

ILA47520.00

Change (1 day)

-6.20%

52-Week Range

ILA16740.00 - ILA50740.00

All Time High

ILA50740.00