Azrieli Group Ltd (AZRG) - Net Assets
Based on the latest financial reports, Azrieli Group Ltd (AZRG) has net assets worth ILA24.80 Billion ILA (≈ $66.47 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 (ILA63.25 Billion ≈ $169.56 Million USD) and total liabilities (ILA38.45 Billion ≈ $103.09 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. Check Azrieli Group Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA24.80 Billion |
| % of Total Assets | 39.2% |
| Annual Growth Rate | 8.76% |
| 5-Year Change | 31.46% |
| 10-Year Change | 71.86% |
| Growth Volatility | 12.0 |
Azrieli Group Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Azrieli Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Azrieli Group Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Azrieli Group Ltd (2008–2024)
The table below shows the annual net assets of Azrieli Group Ltd from 2008 to 2024. For live valuation and market cap data, see Azrieli Group Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA23.84 Billion ≈ $63.91 Million |
+1.14% |
| 2023-12-31 | ILA23.57 Billion ≈ $63.18 Million |
+6.63% |
| 2022-12-31 | ILA22.10 Billion ≈ $59.25 Million |
+6.40% |
| 2021-12-31 | ILA20.77 Billion ≈ $55.69 Million |
+14.55% |
| 2020-12-31 | ILA18.13 Billion ≈ $48.61 Million |
-2.37% |
| 2019-12-31 | ILA18.57 Billion ≈ $49.80 Million |
+8.49% |
| 2018-12-31 | ILA17.12 Billion ≈ $45.90 Million |
+4.90% |
| 2017-12-31 | ILA16.32 Billion ≈ $43.76 Million |
+6.56% |
| 2016-12-31 | ILA15.32 Billion ≈ $41.06 Million |
+10.43% |
| 2015-12-31 | ILA13.87 Billion ≈ $37.18 Million |
+3.91% |
| 2014-12-31 | ILA13.35 Billion ≈ $35.79 Million |
+4.86% |
| 2013-12-31 | ILA12.73 Billion ≈ $34.13 Million |
+6.46% |
| 2012-12-31 | ILA11.96 Billion ≈ $32.06 Million |
+4.30% |
| 2011-12-31 | ILA11.46 Billion ≈ $30.73 Million |
-0.53% |
| 2010-12-31 | ILA11.52 Billion ≈ $30.90 Million |
+49.83% |
| 2009-12-31 | ILA7.69 Billion ≈ $20.62 Million |
+23.76% |
| 2008-12-31 | ILA6.22 Billion ≈ $16.66 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Azrieli Group 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 259.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA21.07 Billion | 88.48% |
| Common Stock | ILA18.00 Million | 0.08% |
| Other Comprehensive Income | ILA206.00 Million | 0.87% |
| Other Components | ILA2.52 Billion | 10.58% |
| Total Equity | ILA23.81 Billion | 100.00% |
Azrieli Group Ltd Competitors by Market Cap
The table below lists competitors of Azrieli Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rogers Communications Inc
TO:RCI-B
|
$15.36 Billion |
|
Kimco Realty Corporation
NYSE:KIM
|
$15.38 Billion |
|
Jacobs Solutions Inc.
NYSE:J
|
$15.41 Billion |
|
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
F:SAJA
|
$15.42 Billion |
|
CF Industries Holdings Inc
NYSE:CF
|
$15.33 Billion |
|
Sprott Physical Silver
TO:PSLV
|
$15.33 Billion |
|
Torrent Pharmaceuticals Limited
NSE:TORNTPHARM
|
$15.32 Billion |
|
Ningbo Tuopu Group Co Ltd
SHG:601689
|
$15.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Azrieli Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,543,000,000 to 23,807,000,000, a change of 264,000,000 (1.1%).
- Net income of 1,477,000,000 contributed positively to equity growth.
- Dividend payments of 1,000,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 206,000,000.
- Other factors decreased equity by 419,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA1.48 Billion | +6.2% |
| Dividends Paid | ILA1.00 Billion | -4.2% |
| Other Comprehensive Income | ILA206.00 Million | +0.87% |
| Other Changes | ILA-419.00 Million | -1.76% |
| Total Change | ILA- | 1.12% |
Book Value vs Market Value Analysis
This analysis compares Azrieli Group 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: 241.35x
- 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 729.26x to 241.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | ILA64.70 | ILA47180.00 | x |
| 2009-12-31 | ILA80.43 | ILA47180.00 | x |
| 2010-12-31 | ILA102.72 | ILA47180.00 | x |
| 2011-12-31 | ILA90.98 | ILA47180.00 | x |
| 2012-12-31 | ILA97.92 | ILA47180.00 | x |
| 2013-12-31 | ILA104.19 | ILA47180.00 | x |
| 2014-12-31 | ILA109.27 | ILA47180.00 | x |
| 2015-12-31 | ILA113.56 | ILA47180.00 | x |
| 2016-12-31 | ILA125.94 | ILA47180.00 | x |
| 2017-12-31 | ILA134.25 | ILA47180.00 | x |
| 2018-12-31 | ILA140.81 | ILA47180.00 | x |
| 2019-12-31 | ILA152.83 | ILA47180.00 | x |
| 2020-12-31 | ILA149.26 | ILA47180.00 | x |
| 2021-12-31 | ILA171.04 | ILA47180.00 | x |
| 2022-12-31 | ILA182.01 | ILA47180.00 | x |
| 2023-12-31 | ILA194.13 | ILA47180.00 | x |
| 2024-12-31 | ILA195.48 | ILA47180.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Azrieli Group 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): 6.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 45.02%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.43x
- Recent ROE (6.20%) is below the historical average (8.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 10.51% | 8.93% | 0.47x | 2.49x | ILA29.72 Million |
| 2009 | 13.08% | 17.29% | 0.32x | 2.35x | ILA224.94 Million |
| 2010 | 11.03% | 19.30% | 0.30x | 1.92x | ILA114.09 Million |
| 2011 | 5.40% | 7.89% | 0.33x | 2.10x | ILA-507.52 Million |
| 2012 | 7.90% | 11.45% | 0.34x | 2.02x | ILA-248.96 Million |
| 2013 | 7.36% | 11.80% | 0.31x | 2.02x | ILA-333.98 Million |
| 2014 | 6.41% | 36.48% | 0.09x | 1.92x | ILA-475.68 Million |
| 2015 | 5.96% | 34.86% | 0.09x | 1.92x | ILA-556.13 Million |
| 2016 | 11.85% | 75.26% | 0.08x | 1.87x | ILA282.70 Million |
| 2017 | 8.94% | 77.16% | 0.06x | 1.85x | ILA-172.10 Million |
| 2018 | 7.13% | 57.97% | 0.07x | 1.87x | ILA-489.70 Million |
| 2019 | 11.33% | 93.91% | 0.06x | 1.90x | ILA245.60 Million |
| 2020 | 1.04% | 10.51% | 0.05x | 1.94x | ILA-1.62 Billion |
| 2021 | 13.93% | 130.72% | 0.05x | 2.04x | ILA814.80 Million |
| 2022 | 8.14% | 66.80% | 0.06x | 2.20x | ILA-410.30 Million |
| 2023 | 9.45% | 51.85% | 0.08x | 2.30x | ILA-129.30 Million |
| 2024 | 6.20% | 45.02% | 0.06x | 2.43x | ILA-903.70 Million |
Industry Comparison
This section compares Azrieli Group 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: $2,365,608,222
- Average return on equity (ROE) among peers: 11.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Azrieli Group Ltd (AZRG) | ILA24.80 Billion | 10.51% | 1.55x | $15.34 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 |
| Airport City Ltd (ARPT) | $3.29 Billion | 9.61% | 1.88x | $1.65 Billion |
| 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 |
About Azrieli Group Ltd
Azrieli Group Ltd. engages in the development, acquisition, lease-out, management, and maintenance of malls and retail centers in Israel. It operates in six segments: Retail Centers and Malls in Israel; Office and Other Space for Lease in Israel; Income-producing Property; Senior Housing; Data Centers; and Rental Housing in Israel. The company also develops, acquires, leases out, manages, and mai… Read more