Averbuch Formica Center Ltd

TA:AVER Israel Furnishings, Fixtures & Appliances
Market Cap
$29.87 Million
ILA11.14 Billion ILA
Market Cap Rank
#38627 Global
#322 in Israel
Share Price
ILA1323.00
Change (1 day)
+0.46%
52-Week Range
ILA962.20 - ILA1548.00
All Time High
ILA3910.00
About

Averbuch Formica Center Ltd., through its subsidiaries, produces, markets, and trades in raw materials for wood and by products and furniture industry in Israel. The company offers wood products, including plywood and coated plywood, shades and textures, hard wood and solid wood, medium density fiberboard, particle and coated particleboard, kits for assembling kitchens, kitchen and furniture door… Read more

Averbuch Formica Center Ltd (AVER) - Net Assets

Latest net assets as of June 2019: ILA81.31 Million ILA

Based on the latest financial reports, Averbuch Formica Center Ltd (AVER) has net assets worth ILA81.31 Million ILA as of June 2019.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA111.57 Million) and total liabilities (ILA30.26 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 ILA81.31 Million
% of Total Assets 72.88%
Annual Growth Rate -1.93%
5-Year Change -5.3%
10-Year Change -18.48%
Growth Volatility 3.84

Averbuch Formica Center Ltd - Net Assets Trend (2008–2018)

This chart illustrates how Averbuch Formica Center 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 Averbuch Formica Center Ltd (2008–2018)

The table below shows the annual net assets of Averbuch Formica Center Ltd from 2008 to 2018.

Year Net Assets Change
2018-12-31 ILA83.26 Million +1.52%
2017-12-31 ILA82.01 Million -3.36%
2016-12-31 ILA84.87 Million -2.25%
2015-12-31 ILA86.82 Million -1.25%
2014-12-31 ILA87.92 Million +3.69%
2013-12-31 ILA84.79 Million -10.13%
2012-12-31 ILA94.35 Million -6.61%
2011-12-31 ILA101.03 Million -0.63%
2010-12-31 ILA101.67 Million -0.46%
2009-12-31 ILA102.14 Million +0.91%
2008-12-31 ILA101.22 Million --

Equity Component Analysis

This analysis shows how different components contribute to Averbuch Formica Center 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 decreased by 26.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2018)

Component Amount Percentage
Retained Earnings ILA49.81 Million 59.69%
Common Stock ILA14.19 Million 17.01%
Other Components ILA19.45 Million 23.31%
Total Equity ILA83.45 Million 100.00%

Averbuch Formica Center Ltd Competitors by Market Cap

The table below lists competitors of Averbuch Formica Center Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2017 to 2018, total equity changed from 82,199,000 to 83,449,000, a change of 1,250,000 (1.5%).
  • Net income of 2,329,000 contributed positively to equity growth.
  • Dividend payments of 1,251,000 reduced retained earnings.

Equity Change Factors (2017 to 2018)

Factor Impact Contribution
Net Income ILA2.33 Million +2.79%
Dividends Paid ILA1.25 Million -1.5%
Other Changes ILA172.00K +0.21%
Total Change ILA- 1.52%

Book Value vs Market Value Analysis

This analysis compares Averbuch Formica Center 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.

Insufficient data available to analyze book value vs market value.

Capital Efficiency Dashboard

This dashboard shows how efficiently Averbuch Formica Center 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): 2.79%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.81%
  • • Asset Turnover: 0.19x
  • • Equity Multiplier: 1.34x
  • Recent ROE (2.79%) is above the historical average (1.41%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 6.22% 2.97% 0.98x 2.12x ILA-3.83 Million
2009 3.17% 1.52% 0.92x 2.27x ILA-6.98 Million
2013 -8.82% -10.80% 0.29x 2.86x ILA-15.97 Million
2014 3.76% 13.18% 0.19x 1.52x ILA-5.49 Million
2015 -1.25% -5.51% 0.15x 1.48x ILA-9.79 Million
2016 2.02% 6.96% 0.21x 1.37x ILA-6.78 Million
2017 3.43% 12.91% 0.19x 1.37x ILA-5.40 Million
2018 2.79% 10.81% 0.19x 1.34x ILA-6.02 Million

Industry Comparison

This section compares Averbuch Formica Center Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

No peer company data available for comparison.