Arad Ltd

TA:ARD Israel Scientific & Technical Instruments
Market Cap
$321.63 Million
ILA119.97 Billion ILA
Market Cap Rank
#32742 Global
#150 in Israel
Share Price
ILA4851.00
Change (1 day)
-0.90%
52-Week Range
ILA4585.00 - ILA5908.00
All Time High
ILA6406.74
Categories
Companies in Israel Scientific & Technical Instruments Technology AI & Machine Learning
About

Arad Ltd., together with its subsidiaries, plans, develops, manufactures, and sells water measurement and management products and solutions in Israel, Latin America, Asia, Europe, North America, and internationally. The company offers water metering solutions, including smart measurement, smart data solutions, smart data analytics, and communication protocols/IoT, as well as automated meter readi… Read more

Arad Ltd (ARD) - Net Assets

Latest net assets as of September 2025: ILA185.83 Million ILA

Based on the latest financial reports, Arad Ltd (ARD) has net assets worth ILA185.83 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 (ILA397.13 Million) and total liabilities (ILA211.30 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 ILA185.83 Million
% of Total Assets 46.79%
Annual Growth Rate 2.05%
5-Year Change 25.66%
10-Year Change 79.51%
Growth Volatility 15.84

Arad Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Arad 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 Arad Ltd (2006–2024)

The table below shows the annual net assets of Arad Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 ILA164.58 Million +4.29%
2023-12-31 ILA157.80 Million +13.03%
2022-12-31 ILA139.61 Million +2.29%
2021-12-31 ILA136.49 Million +4.21%
2020-12-31 ILA130.97 Million +9.66%
2019-12-31 ILA119.43 Million +10.44%
2018-12-31 ILA108.14 Million +10.01%
2017-12-31 ILA98.30 Million +0.50%
2016-12-31 ILA97.81 Million +6.69%
2015-12-31 ILA91.68 Million +4.34%
2014-12-31 ILA87.87 Million +4.13%
2013-12-31 ILA84.38 Million +15.88%
2012-12-31 ILA72.82 Million +11.19%
2011-12-31 ILA65.49 Million +7.98%
2010-12-31 ILA60.65 Million +8.82%
2009-12-31 ILA55.73 Million +14.06%
2008-12-31 ILA48.86 Million +4.37%
2007-12-31 ILA46.82 Million -58.98%
2006-12-31 ILA114.15 Million --

Equity Component Analysis

This analysis shows how different components contribute to Arad 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 275.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ILA142.00 Million 86.95%
Common Stock ILA1.02 Million 0.63%
Other Components ILA20.29 Million 12.42%
Total Equity ILA163.31 Million 100.00%

Arad Ltd Competitors by Market Cap

The table below lists competitors of Arad Ltd ranked by their market capitalization.

Company Market Cap
Axel Ree Ltd
AU:AXL
 		$3.25 Million
KWESST Micro Systems Inc. Common Stock
NASDAQ:KWE
 		$3.25 Million
Larq SA
WAR:LRQ
 		$3.25 Million
SAMYUNG ENC Co. Ltd
KQ:065570
 		$3.25 Million
LM Funding America Inc
NASDAQ:LMFA
 		$3.25 Million
BioCorRx Inc
OTCQB:BICX
 		$3.25 Million
BioNexus Gene Lab Corp Common stock
NASDAQ:BGLC
 		$3.25 Million
Phoslock Environmental Technologies Ltd
AU:PET
 		$3.25 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Arad Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 156,656,000 to 163,311,000, a change of 6,655,000 (4.2%).
  • Net income of 24,294,000 contributed positively to equity growth.
  • Dividend payments of 12,000,000 reduced retained earnings.
  • Other factors decreased equity by 5,639,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA24.29 Million +14.88%
Dividends Paid ILA12.00 Million -7.35%
Other Changes ILA-5.64 Million -3.45%
Total Change ILA- 4.25%

Book Value vs Market Value Analysis

This analysis compares Arad 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: 734.60x
  • 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 1789.29x to 734.60x 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 ILA2.71 ILA4851.00 x
2012-12-31 ILA3.01 ILA4851.00 x
2013-12-31 ILA3.41 ILA4851.00 x
2014-12-31 ILA3.55 ILA4851.00 x
2015-12-31 ILA3.71 ILA4851.00 x
2016-12-31 ILA3.96 ILA4851.00 x
2017-12-31 ILA3.97 ILA4851.00 x
2018-12-31 ILA4.35 ILA4851.00 x
2019-12-31 ILA4.80 ILA4851.00 x
2020-12-31 ILA5.26 ILA4851.00 x
2021-12-31 ILA5.48 ILA4851.00 x
2022-12-31 ILA5.61 ILA4851.00 x
2023-12-31 ILA6.33 ILA4851.00 x
2024-12-31 ILA6.60 ILA4851.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Arad 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): 14.88%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.17%
  • • Asset Turnover: 1.11x
  • • Equity Multiplier: 2.17x
  • Recent ROE (14.88%) is below the historical average (16.74%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 31.48% 9.17% 1.31x 2.61x ILA24.51 Million
2007 20.68% 9.52% 1.15x 1.89x ILA5.00 Million
2008 12.02% 5.37% 1.20x 1.86x ILA985.80K
2009 17.14% 10.31% 0.80x 2.09x ILA3.98 Million
2010 16.91% 8.76% 0.94x 2.05x ILA4.19 Million
2011 17.23% 8.73% 1.03x 1.91x ILA4.73 Million
2012 17.39% 9.36% 1.02x 1.82x ILA5.38 Million
2013 18.15% 9.81% 1.05x 1.76x ILA6.87 Million
2014 17.61% 9.22% 1.06x 1.81x ILA6.69 Million
2015 18.11% 10.15% 1.01x 1.77x ILA7.44 Million
2016 17.48% 10.62% 0.95x 1.72x ILA7.32 Million
2017 7.96% 4.57% 0.92x 1.89x ILA-2.00 Million
2018 17.23% 9.07% 0.87x 2.19x ILA7.77 Million
2019 17.13% 7.70% 0.96x 2.32x ILA8.46 Million
2020 12.03% 6.26% 0.88x 2.20x ILA2.64 Million
2021 14.79% 7.13% 0.99x 2.10x ILA6.49 Million
2022 12.55% 5.37% 1.02x 2.29x ILA3.54 Million
2023 17.25% 7.48% 1.04x 2.22x ILA11.36 Million
2024 14.88% 6.17% 1.11x 2.17x ILA7.96 Million

Industry Comparison

This section compares Arad Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.

Industry Context

  • Industry: Scientific & Technical Instruments
  • Average net assets among peers: $27,219,333
  • Average return on equity (ROE) among peers: 7.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Arad Ltd (ARD) ILA185.83 Million 31.48% 1.14x $3.25 Million
C I Systems (CISY) $14.69 Million 5.43% 0.68x $1.28 Million
Robogroup (ROBO) $7.60 Million 1.32% 1.92x $106.31K
Unitronics (UNIT) $59.37 Million 16.19% 2.25x $866.56K