Airport City Ltd (ARPT) - Net Assets

Latest as of September 2025: ILA10.42 Billion ILA ≈ $27.94 Million USD

Based on the latest financial reports, Airport City Ltd (ARPT) has net assets worth ILA10.42 Billion ILA (≈ $27.94 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA19.40 Billion ≈ $52.02 Million USD) and total liabilities (ILA8.98 Billion ≈ $24.08 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. Also explore how large is Airport City Ltd's balance sheet for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets ILA10.42 Billion
% of Total Assets 53.71%
Annual Growth Rate 31.65%
5-Year Change 30.32%
10-Year Change 167.23%
Growth Volatility 153.54

Airport City Ltd - Net Assets Trend (2004–2024)

This chart illustrates how Airport City Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see ARPT market cap.

Annual Net Assets for Airport City Ltd (2004–2024)

The table below shows the annual net assets of Airport City Ltd from 2004 to 2024. Explore cash flow conversion of Airport City Ltd to assess how effectively this company generates cash.

Year Net Assets Change
2024-12-31 ILA9.88 Billion
≈ $26.49 Million
+0.09%
2023-12-31 ILA9.87 Billion
≈ $26.46 Million
+2.83%
2022-12-31 ILA9.60 Billion
≈ $25.73 Million
+7.28%
2021-12-31 ILA8.95 Billion
≈ $23.98 Million
+18.01%
2020-12-31 ILA7.58 Billion
≈ $20.32 Million
-2.09%
2019-12-31 ILA7.74 Billion
≈ $20.76 Million
+15.57%
2018-12-31 ILA6.70 Billion
≈ $17.96 Million
+13.70%
2017-12-31 ILA5.89 Billion
≈ $15.80 Million
+32.69%
2016-12-31 ILA4.44 Billion
≈ $11.91 Million
+20.12%
2015-12-31 ILA3.70 Billion
≈ $9.91 Million
-9.08%
2014-12-31 ILA4.07 Billion
≈ $10.90 Million
+13.37%
2013-12-31 ILA3.59 Billion
≈ $9.61 Million
+9.05%
2012-12-31 ILA3.29 Billion
≈ $8.82 Million
+13.97%
2011-12-31 ILA2.89 Billion
≈ $7.74 Million
+17.44%
2010-12-31 ILA2.46 Billion
≈ $6.59 Million
+26.66%
2009-12-31 ILA1.94 Billion
≈ $5.20 Million
+35.99%
2008-12-31 ILA1.43 Billion
≈ $3.82 Million
-8.15%
2007-12-31 ILA1.55 Billion
≈ $4.16 Million
+316.00%
2006-12-31 ILA373.32 Million
≈ $1.00 Million
+662.45%
2005-12-31 ILA48.96 Million
≈ $131.27K
+21.19%
2004-12-31 ILA40.40 Million
≈ $108.31K
--

Equity Component Analysis

This analysis shows how different components contribute to Airport City 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 36577.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ILA8.48 Billion 87.54%
Common Stock ILA1.38 Million 0.01%
Other Comprehensive Income ILA-183.78 Million -1.90%
Other Components ILA1.39 Billion 14.34%
Total Equity ILA9.69 Billion 100.00%

Airport City Ltd Competitors by Market Cap

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

Company Market Cap
Jiangsu Jiangyin Rural Commercial Bank Co Ltd
SHE:002807
$1.65 Billion
Fagron NV
BR:FAGR
$1.65 Billion
China Security & Fire Co Ltd Class A
SHG:600654
$1.65 Billion
Collective Mining Ltd
TO:CNL
$1.65 Billion
Hotel Shilla
KO:008770
$1.65 Billion
KTK Group Co Ltd
SHG:603680
$1.65 Billion
JHSF Participações S.A.
SA:JHSF3
$1.65 Billion
Zhejiang Huazheng New Material
SHG:603186
$1.65 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,727,607,000 to 9,687,748,000, a change of -39,859,000 (-0.4%).
  • Net income of 413,034,000 contributed positively to equity growth.
  • Share repurchases of 402,253,000 reduced equity.
  • Other comprehensive income decreased equity by 50,640,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA413.03 Million +4.26%
Share Repurchases ILA402.25 Million -4.15%
Other Comprehensive Income ILA-50.64 Million -0.52%
Total Change ILA- -0.41%

Book Value vs Market Value Analysis

This analysis compares Airport City 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: 67.61x
  • 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 6198.06x to 67.61x 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 ILA0.89 ILA5490.00 x
2005-12-31 ILA1.07 ILA5490.00 x
2006-12-31 ILA4.80 ILA5490.00 x
2007-12-31 ILA11.58 ILA5490.00 x
2008-12-31 ILA10.90 ILA5490.00 x
2011-12-31 ILA19.92 ILA5490.00 x
2012-12-31 ILA24.06 ILA5490.00 x
2013-12-31 ILA25.88 ILA5490.00 x
2014-12-31 ILA31.08 ILA5490.00 x
2015-12-31 ILA41.30 ILA5490.00 x
2016-12-31 ILA37.53 ILA5490.00 x
2017-12-31 ILA47.16 ILA5490.00 x
2018-12-31 ILA49.93 ILA5490.00 x
2019-12-31 ILA57.77 ILA5490.00 x
2020-12-31 ILA58.43 ILA5490.00 x
2021-12-31 ILA70.85 ILA5490.00 x
2022-12-31 ILA76.12 ILA5490.00 x
2023-12-31 ILA78.36 ILA5490.00 x
2024-12-31 ILA81.21 ILA5490.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Airport City 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): 4.26%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 37.68%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 1.94x
  • Recent ROE (4.26%) is below the historical average (12.43%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 20.13% 14.92% 0.07x 18.48x ILA4.09 Million
2005 17.49% 13.68% 0.07x 17.33x ILA3.67 Million
2006 8.54% 13.18% 0.04x 18.18x ILA-3.71 Million
2007 21.65% 32.38% 0.08x 8.11x ILA86.37 Million
2008 -4.42% -6.11% 0.08x 8.52x ILA-96.74 Million
2009 28.00% 38.66% 0.09x 7.69x ILA170.06 Million
2010 22.40% 26.63% 0.14x 6.01x ILA162.33 Million
2011 18.38% 35.73% 0.10x 5.31x ILA137.13 Million
2012 16.00% 44.62% 0.07x 4.79x ILA118.48 Million
2013 10.99% 32.47% 0.08x 4.39x ILA22.01 Million
2014 13.11% 44.53% 0.08x 3.91x ILA79.32 Million
2015 8.95% 41.40% 0.07x 2.93x ILA-37.83 Million
2016 11.36% 62.22% 0.07x 2.61x ILA59.07 Million
2017 12.84% 95.65% 0.06x 2.13x ILA163.91 Million
2018 9.72% 62.50% 0.08x 1.99x ILA-18.49 Million
2019 14.07% 118.60% 0.06x 1.97x ILA309.33 Million
2020 2.57% 21.26% 0.06x 2.04x ILA-555.83 Million
2021 15.92% 170.51% 0.05x 1.92x ILA522.44 Million
2022 6.52% 68.23% 0.05x 1.96x ILA-329.51 Million
2023 2.60% 24.82% 0.05x 1.91x ILA-719.36 Million
2024 4.26% 37.68% 0.06x 1.94x ILA-555.74 Million

Industry Comparison

This section compares Airport City 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: $4,455,975,778
  • Average return on equity (ROE) among peers: 11.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Airport City Ltd (ARPT) ILA10.42 Billion 20.13% 0.86x $1.65 Billion
Adgar Investments and Development Ltd (ADGR) $1.07 Billion 6.65% 3.26x $218.36 Million
Afi Properties Ltd (AFPR) $1.28 Billion 5.79% 1.31x $2.54 Billion
Alony Hetz Properties and Investments Ltd (ALHE) $11.83 Billion 13.17% 1.70x $2.16 Billion
Amot Investments Ltd (AMOT) $2.84 Billion 8.16% 1.78x $2.67 Billion
Argo Properties NV (ARGO) $166.42 Million 11.82% 0.35x $824.26 Million
Ari Real Estate Arena Investment Ltd (ARIN) $450.83 Million 43.92% 1.76x $563.77 Million
Aspen Group Ltd (ASGR) $245.45 Million 0.17% 3.37x $125.46 Million
ES Australia Israel Holdings Ltd (AUIS) $114.15 Million 5.52% 0.45x $14.18 Million
Azrieli Group Ltd (AZRG) $22.10 Billion 8.13% 1.19x $15.34 Billion

About Airport City Ltd

TA:ARPT Israel Real Estate Services
Market Cap
$1.65 Billion
ILA614.70 Billion ILA
Market Cap Rank
#6989 Global
#57 in Israel
Share Price
ILA5490.00
Change (1 day)
-1.37%
52-Week Range
ILA5176.00 - ILA6600.00
All Time High
ILA8121.00
About

Airport City Ltd., together with its subsidiaries, engages in leasing, development, and management of real estate properties in Israel, France, Spain, and Germany. It operates through two segments, Property Rental and Management; and Construction of Buildings for Sale. The company initiates, locates, plans, constructs, leases, manages, and maintains properties intended for rental for various uses… Read more