Altshuler Shaham Financial LTD
Altshuler Shaham Finance Ltd engages in the provident and pension funds management activities in Israel. The company manages savings provident funds, central severance pay provident funds, central provident funds for budgetary pension participation, as well as investment provident funds, which include children savings plan, and comprehensive pension funds and general pension funds. It is also inv… Read more
Altshuler Shaham Financial LTD (ALTF) - Net Assets
Latest net assets as of September 2025: ILA609.99 Million ILA
Based on the latest financial reports, Altshuler Shaham Financial LTD (ALTF) has net assets worth ILA609.99 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 (ILA1.52 Billion) and total liabilities (ILA906.21 Million). 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 | ILA609.99 Million |
| % of Total Assets | 40.23% |
| Annual Growth Rate | 21.98% |
| 5-Year Change | 92.36% |
| 10-Year Change | N/A |
| Growth Volatility | 31.68 |
Altshuler Shaham Financial LTD - Net Assets Trend (2017–2024)
This chart illustrates how Altshuler Shaham Financial 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 Altshuler Shaham Financial LTD (2017–2024)
The table below shows the annual net assets of Altshuler Shaham Financial LTD from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA545.31 Million | +4.94% |
| 2023-12-31 | ILA519.64 Million | +5.37% |
| 2022-12-31 | ILA493.13 Million | -10.59% |
| 2021-12-31 | ILA551.52 Million | +94.55% |
| 2020-12-31 | ILA283.48 Million | +25.40% |
| 2019-12-31 | ILA226.06 Million | +22.29% |
| 2018-12-31 | ILA184.85 Million | +36.21% |
| 2017-12-31 | ILA135.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Altshuler Shaham Financial 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 416.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA276.72 Million | 50.40% |
| Common Stock | ILA2.02 Million | 0.37% |
| Other Comprehensive Income | ILA28.28 Million | 5.15% |
| Other Components | ILA242.01 Million | 44.08% |
| Total Equity | ILA549.03 Million | 100.00% |
Altshuler Shaham Financial LTD Competitors by Market Cap
The table below lists competitors of Altshuler Shaham Financial LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
City Steel Public Company Limited
BK:CITY
|
$3.05 Million |
|
Taiwan Green Environment Technology Inc.
TWO:5205
|
$3.05 Million |
|
APPLIED MATERIALS
MU:AP2
|
$3.05 Million |
|
Magellan Gold Corp
PINK:MAGE
|
$3.05 Million |
|
Farmaceutica R
RO:RMAH
|
$3.04 Million |
|
Ahlada Engineers Limited
NSE:AHLADA
|
$3.04 Million |
|
Stradim Espace Finances SA
PA:ALSAS
|
$3.04 Million |
|
Gafisa S.A
SA:GFSA3
|
$3.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Altshuler Shaham Financial LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 520,280,000 to 549,030,000, a change of 28,750,000 (5.5%).
- Net income of 113,065,000 contributed positively to equity growth.
- Dividend payments of 86,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 28,277,999.
- Other factors decreased equity by 26,592,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA113.06 Million | +20.59% |
| Dividends Paid | ILA86.00 Million | -15.66% |
| Other Comprehensive Income | ILA28.28 Million | +5.15% |
| Other Changes | ILA-26.59 Million | -4.84% |
| Total Change | ILA- | 5.53% |
Book Value vs Market Value Analysis
This analysis compares Altshuler Shaham Financial 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: 208.11x
- 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 808.03x to 208.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ILA0.72 | ILA580.20 | x |
| 2018-12-31 | ILA0.96 | ILA580.20 | x |
| 2019-12-31 | ILA1.17 | ILA580.20 | x |
| 2020-12-31 | ILA1.44 | ILA580.20 | x |
| 2021-12-31 | ILA2.80 | ILA580.20 | x |
| 2022-12-31 | ILA2.48 | ILA580.20 | x |
| 2023-12-31 | ILA2.60 | ILA580.20 | x |
| 2024-12-31 | ILA2.79 | ILA580.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Altshuler Shaham Financial 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): 20.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.31%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 2.20x
- Recent ROE (20.59%) is below the historical average (33.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 18.10% | 6.49% | 1.03x | 2.71x | ILA11.00 Million |
| 2018 | 22.01% | 7.69% | 1.15x | 2.49x | ILA22.19 Million |
| 2019 | 40.24% | 13.24% | 1.16x | 2.63x | ILA68.36 Million |
| 2020 | 48.77% | 15.41% | 1.24x | 2.55x | ILA109.91 Million |
| 2021 | 46.83% | 18.14% | 0.88x | 2.94x | ILA203.11 Million |
| 2022 | 43.19% | 16.58% | 0.97x | 2.69x | ILA163.78 Million |
| 2023 | 26.51% | 13.93% | 0.83x | 2.29x | ILA85.90 Million |
| 2024 | 20.59% | 12.31% | 0.76x | 2.20x | ILA58.16 Million |
Industry Comparison
This section compares Altshuler Shaham Financial LTD's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $206,804,111
- Average return on equity (ROE) among peers: -2.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Altshuler Shaham Financial LTD (ALTF) | ILA609.99 Million | 18.10% | 1.49x | $3.04 Million |
| Aluma Infrastructure Fund 2020 Ltd (ALUMA) | $292.28 Million | -11.48% | 0.32x | $815.87K |
| Analyst IMS Investment Management Services Ltd (ANLT) | $143.58 Million | 9.07% | 0.27x | $4.61 Million |
| Big Tech 50 R&D-Limited Partnership (BIGT) | $13.16 Million | -43.11% | 0.01x | $51.60K |
| Bio Meat Foodtech - Limited Partnership (BIMT) | $43.73 Million | 47.00% | 0.47x | $145.66K |
| Capital Point (CPTP) | $50.49 Million | 0.00% | 0.77x | $191.24K |
| Eldav-L (ELDAV) | $92.58 Million | -4.24% | 1.14x | $167.48K |
| Elron Electronic Industries Ltd (ELRN) | $194.08 Million | -4.34% | 0.07x | $715.25K |
| Emilia Devel (EMDV) | $1.01 Billion | 6.07% | 1.56x | $2.15 Million |
| Feat Fund Investments Limited Partnership (FEAT) | $25.84 Million | -17.83% | 0.05x | $24.04K |