Arad Ltd (ARD) - Net Assets
Based on the latest financial reports, Arad Ltd (ARD) has net assets worth ILA185.83 Million ILA (≈ $498.21K USD) 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 ≈ $1.06 Million USD) and total liabilities (ILA211.30 Million ≈ $566.50K 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 ARD asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Arad Ltd (ARD) total assets for the complete picture of this company's asset base.
Annual Net Assets for Arad Ltd (2006–2024)
The table below shows the annual net assets of Arad Ltd from 2006 to 2024. For live valuation and market cap data, see ARD company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA164.58 Million ≈ $441.22K |
+4.29% |
| 2023-12-31 | ILA157.80 Million ≈ $423.06K |
+13.03% |
| 2022-12-31 | ILA139.61 Million ≈ $374.30K |
+2.29% |
| 2021-12-31 | ILA136.49 Million ≈ $365.92K |
+4.21% |
| 2020-12-31 | ILA130.97 Million ≈ $351.12K |
+9.66% |
| 2019-12-31 | ILA119.43 Million ≈ $320.19K |
+10.44% |
| 2018-12-31 | ILA108.14 Million ≈ $289.92K |
+10.01% |
| 2017-12-31 | ILA98.30 Million ≈ $263.54K |
+0.50% |
| 2016-12-31 | ILA97.81 Million ≈ $262.23K |
+6.69% |
| 2015-12-31 | ILA91.68 Million ≈ $245.79K |
+4.34% |
| 2014-12-31 | ILA87.87 Million ≈ $235.57K |
+4.13% |
| 2013-12-31 | ILA84.38 Million ≈ $226.22K |
+15.88% |
| 2012-12-31 | ILA72.82 Million ≈ $195.22K |
+11.19% |
| 2011-12-31 | ILA65.49 Million ≈ $175.58K |
+7.98% |
| 2010-12-31 | ILA60.65 Million ≈ $162.60K |
+8.82% |
| 2009-12-31 | ILA55.73 Million ≈ $149.41K |
+14.06% |
| 2008-12-31 | ILA48.86 Million ≈ $131.00K |
+4.37% |
| 2007-12-31 | ILA46.82 Million ≈ $125.52K |
-58.98% |
| 2006-12-31 | ILA114.15 Million ≈ $306.02K |
-- |
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 |
|---|---|
|
Evli Pankki Oyj
HE:EVLI
|
$333.49 Million |
|
Sphera Franchise Group SA MiFID Eligible Security
RO:SFG
|
$333.57 Million |
|
RPSG VENTURES LIMITED
NSE:RPSGVENT
|
$333.77 Million |
|
Nacity Property Service Co Ltd
SHG:603506
|
$333.86 Million |
|
YC Inox Co Ltd
TW:2034
|
$333.19 Million |
|
Zhejiang Giuseppe Garment Co Ltd
SHE:002687
|
$333.13 Million |
|
Cosmos Group Co Ltd
SHE:002133
|
$333.05 Million |
|
Sichuan Haowu Electromechanical Co Ltd
SHE:000757
|
$332.86 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: 761.56x
- 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 1854.94x to 761.56x 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 | ILA5029.00 | x |
| 2012-12-31 | ILA3.01 | ILA5029.00 | x |
| 2013-12-31 | ILA3.41 | ILA5029.00 | x |
| 2014-12-31 | ILA3.55 | ILA5029.00 | x |
| 2015-12-31 | ILA3.71 | ILA5029.00 | x |
| 2016-12-31 | ILA3.96 | ILA5029.00 | x |
| 2017-12-31 | ILA3.97 | ILA5029.00 | x |
| 2018-12-31 | ILA4.35 | ILA5029.00 | x |
| 2019-12-31 | ILA4.80 | ILA5029.00 | x |
| 2020-12-31 | ILA5.26 | ILA5029.00 | x |
| 2021-12-31 | ILA5.48 | ILA5029.00 | x |
| 2022-12-31 | ILA5.61 | ILA5029.00 | x |
| 2023-12-31 | ILA6.33 | ILA5029.00 | x |
| 2024-12-31 | ILA6.60 | ILA5029.00 | 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: $41,578,667
- Average return on equity (ROE) among peers: 26.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arad Ltd (ARD) | ILA185.83 Million | 31.48% | 1.14x | $333.43 Million |
| C I Systems (CISY) | $25.25 Million | 1.36% | 0.61x | $82.06 Million |
| Robogroup (ROBO) | $29.50 Million | 20.45% | 0.91x | $7.63 Million |
| Unitronics (UNIT) | $69.98 Million | 58.89% | 1.16x | $76.90 Million |
About Arad Ltd
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