Afi Properties Ltd
AFI Properties Ltd. engages in the real estate business in Israel and Europe. It owns, develops, and operates real estate properties, including residential and office properties. The company was formerly known as Africa Israel Properties Ltd. and changed its name to AFI Properties Ltd. in July 2019. The company was incorporated in 1971 and is based in Yehud, Israel. AFI Properties Ltd. is a subsi… Read more
Afi Properties Ltd (AFPR) - Net Assets
Latest net assets as of September 2025: ILA7.76 Billion ILA
Based on the latest financial reports, Afi Properties Ltd (AFPR) has net assets worth ILA7.76 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 (ILA23.21 Billion) and total liabilities (ILA15.45 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 | ILA7.76 Billion |
| % of Total Assets | 33.44% |
| Annual Growth Rate | 11.59% |
| 5-Year Change | 60.58% |
| 10-Year Change | 164.85% |
| Growth Volatility | 30.56 |
Afi Properties Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Afi Properties 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 Afi Properties Ltd (2003–2024)
The table below shows the annual net assets of Afi Properties Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA6.88 Billion | +4.05% |
| 2023-12-31 | ILA6.62 Billion | +11.44% |
| 2022-12-31 | ILA5.94 Billion | +32.35% |
| 2021-12-31 | ILA4.49 Billion | +4.64% |
| 2020-12-31 | ILA4.29 Billion | +5.99% |
| 2019-12-31 | ILA4.04 Billion | +10.75% |
| 2018-12-31 | ILA3.65 Billion | +15.28% |
| 2017-12-31 | ILA3.17 Billion | +12.81% |
| 2016-12-31 | ILA2.81 Billion | +8.04% |
| 2015-12-31 | ILA2.60 Billion | -9.03% |
| 2014-12-31 | ILA2.86 Billion | +6.16% |
| 2013-12-31 | ILA2.69 Billion | +2.51% |
| 2012-12-31 | ILA2.63 Billion | -1.39% |
| 2011-12-31 | ILA2.66 Billion | +0.64% |
| 2010-12-31 | ILA2.65 Billion | +2.70% |
| 2009-12-31 | ILA2.58 Billion | -6.05% |
| 2008-12-31 | ILA2.74 Billion | -9.89% |
| 2007-12-31 | ILA3.04 Billion | +136.83% |
| 2006-12-31 | ILA1.28 Billion | +20.71% |
| 2005-12-31 | ILA1.06 Billion | +1.69% |
| 2004-12-31 | ILA1.05 Billion | +52.15% |
| 2003-12-31 | ILA687.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Afi Properties 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 474208800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA4.74 Billion | 69.19% |
| Common Stock | ILA65.94 Million | 0.96% |
| Other Comprehensive Income | ILA-1.05 Billion | -15.26% |
| Other Components | ILA3.09 Billion | 45.10% |
| Total Equity | ILA6.85 Billion | 100.00% |
Afi Properties Ltd Competitors by Market Cap
The table below lists competitors of Afi Properties Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BAJEL PROJECTS LTD
NSE:BAJEL
|
$28.31 Million |
|
Hwacheon Mac
KO:000850
|
$28.32 Million |
|
Femasys Inc
NASDAQ:FEMY
|
$28.32 Million |
|
Katapult Holdings Inc
NASDAQ:KPLT
|
$28.33 Million |
|
Skarbiec Holding S.A.
WAR:SKH
|
$28.31 Million |
|
NEOOTO Co. Ltd
KQ:212560
|
$28.30 Million |
|
Jindal Poly Investment and Finance Company Limited
NSE:JPOLYINVST
|
$28.30 Million |
|
Budapesti Ingatlan Hasznositasi es Fejlesztesi Nyrt.
BUD:BIF
|
$28.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Afi Properties Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,590,899,000 to 6,853,575,000, a change of 262,676,000 (4.0%).
- Net income of 663,303,000 contributed positively to equity growth.
- New share issuances of 37,300,000 increased equity.
- Other comprehensive income decreased equity by 1,045,689,000.
- Other factors increased equity by 607,762,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA663.30 Million | +9.68% |
| Share Issuances | ILA37.30 Million | +0.54% |
| Other Comprehensive Income | ILA-1.05 Billion | -15.26% |
| Other Changes | ILA607.76 Million | +8.87% |
| Total Change | ILA- | 3.99% |
Book Value vs Market Value Analysis
This analysis compares Afi Properties 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: 129.96x
- 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 295.19x to 129.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ILA79.30 | ILA23410.00 | x |
| 2005-12-31 | ILA66.54 | ILA23410.00 | x |
| 2006-12-31 | ILA81.30 | ILA23410.00 | x |
| 2007-12-31 | ILA173.55 | ILA23410.00 | x |
| 2011-12-31 | ILA86.91 | ILA23410.00 | x |
| 2012-12-31 | ILA86.27 | ILA23410.00 | x |
| 2013-12-31 | ILA88.38 | ILA23410.00 | x |
| 2014-12-31 | ILA93.78 | ILA23410.00 | x |
| 2015-12-31 | ILA84.70 | ILA23410.00 | x |
| 2016-12-31 | ILA90.93 | ILA23410.00 | x |
| 2017-12-31 | ILA103.21 | ILA23410.00 | x |
| 2018-12-31 | ILA119.50 | ILA23410.00 | x |
| 2019-12-31 | ILA139.51 | ILA23410.00 | x |
| 2020-12-31 | ILA124.30 | ILA23410.00 | x |
| 2021-12-31 | ILA123.26 | ILA23410.00 | x |
| 2022-12-31 | ILA156.17 | ILA23410.00 | x |
| 2023-12-31 | ILA173.27 | ILA23410.00 | x |
| 2024-12-31 | ILA180.13 | ILA23410.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Afi Properties 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): 9.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.27%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 3.13x
- Recent ROE (9.68%) is above the historical average (7.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 1.69% | 12.02% | 0.03x | 4.03x | ILA-49.27 Million |
| 2004 | 14.71% | 60.61% | 0.08x | 2.93x | ILA45.02 Million |
| 2005 | 5.51% | 22.77% | 0.08x | 2.95x | ILA-43.43 Million |
| 2006 | 5.93% | 27.65% | 0.09x | 2.36x | ILA-51.09 Million |
| 2007 | 13.29% | 75.63% | 0.05x | 3.60x | ILA89.12 Million |
| 2010 | 0.75% | 3.74% | 0.07x | 2.83x | ILA-228.40 Million |
| 2011 | -0.10% | -0.58% | 0.06x | 2.87x | ILA-250.87 Million |
| 2012 | -1.10% | -7.42% | 0.05x | 3.10x | ILA-273.69 Million |
| 2013 | 5.90% | 34.37% | 0.05x | 3.13x | ILA-103.72 Million |
| 2014 | 9.91% | 48.44% | 0.07x | 2.91x | ILA-2.31 Million |
| 2015 | 8.22% | 49.85% | 0.05x | 3.17x | ILA-43.05 Million |
| 2016 | 12.96% | 89.09% | 0.05x | 3.19x | ILA77.05 Million |
| 2017 | 8.57% | 43.52% | 0.07x | 3.00x | ILA-42.37 Million |
| 2018 | 9.95% | 40.79% | 0.08x | 2.97x | ILA-1.63 Million |
| 2019 | 9.63% | 44.03% | 0.08x | 2.78x | ILA-14.85 Million |
| 2020 | 0.45% | 2.01% | 0.07x | 3.00x | ILA-407.56 Million |
| 2021 | 17.63% | 68.60% | 0.08x | 3.14x | ILA340.67 Million |
| 2022 | 9.90% | 50.42% | 0.07x | 2.95x | ILA-5.98 Million |
| 2023 | 3.21% | 15.40% | 0.07x | 2.97x | ILA-447.69 Million |
| 2024 | 9.68% | 44.27% | 0.07x | 3.13x | ILA-22.05 Million |
Industry Comparison
This section compares Afi Properties 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: $2,687,501,556
- Average return on equity (ROE) among peers: 7.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Afi Properties Ltd (AFPR) | ILA7.76 Billion | 1.69% | 1.99x | $28.31 Million |
| Adgar Investments and Development Ltd (ADGR) | $835.73 Million | 9.05% | 3.22x | $2.29 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 |