Averbuch Formica Center Ltd (AVER) - Net Assets
Based on the latest financial reports, Averbuch Formica Center Ltd (AVER) has net assets worth ILA81.31 Million ILA (≈ $217.98K USD) 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 ≈ $299.11K USD) and total liabilities (ILA30.26 Million ≈ $81.13K 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 Averbuch Formica Center Ltd (AVER) strategic asset index to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see how much is Averbuch Formica Center Ltd worth.
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. Also explore AVER net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2018-12-31 | ILA83.26 Million ≈ $223.22K |
+1.52% |
| 2017-12-31 | ILA82.01 Million ≈ $219.88K |
-3.36% |
| 2016-12-31 | ILA84.87 Million ≈ $227.53K |
-2.25% |
| 2015-12-31 | ILA86.82 Million ≈ $232.77K |
-1.25% |
| 2014-12-31 | ILA87.92 Million ≈ $235.71K |
+3.69% |
| 2013-12-31 | ILA84.79 Million ≈ $227.32K |
-10.13% |
| 2012-12-31 | ILA94.35 Million ≈ $252.95K |
-6.61% |
| 2011-12-31 | ILA101.03 Million ≈ $270.87K |
-0.63% |
| 2010-12-31 | ILA101.67 Million ≈ $272.58K |
-0.46% |
| 2009-12-31 | ILA102.14 Million ≈ $273.84K |
+0.91% |
| 2008-12-31 | ILA101.22 Million ≈ $271.38K |
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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.
| Company | Market Cap |
|---|---|
|
Elsoft Research Bhd
KLSE:0090
|
$42.44 Million |
|
Grove Collaborative Holdings, Inc.
NYSE:GROV
|
$42.45 Million |
|
SKY LIGHT HOLDINGS LTD
F:27L
|
$42.45 Million |
|
Australian Unity Office Fund
AU:AOF
|
$42.45 Million |
|
Panstar Enterprise Co.Ltd
KQ:054300
|
$42.43 Million |
|
Farm Pride Foods Ltd
AU:FRM
|
$42.41 Million |
|
Oceana Lithium Ltd
AU:OCN
|
$42.41 Million |
|
RIT Capital Partners
LSE:RCP
|
$42.41 Million |
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.
About Averbuch Formica Center Ltd
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