B Communications Ltd (BCOM) - Net Assets
Based on the latest financial reports, B Communications Ltd (BCOM) has net assets worth ILA4.92 Billion ILA (≈ $13.20 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 (ILA18.19 Billion ≈ $48.77 Million USD) and total liabilities (ILA13.27 Billion ≈ $35.57 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 B Communications Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA4.92 Billion |
| % of Total Assets | 27.07% |
| Annual Growth Rate | 17.02% |
| 5-Year Change | 534.43% |
| 10-Year Change | -20.11% |
| Growth Volatility | 247.67 |
B Communications Ltd - Net Assets Trend (2005–2024)
This chart illustrates how B Communications Ltd's net assets have evolved over time, based on quarterly financial data. Also explore B Communications Ltd (BCOM) total assets for the complete picture of this company's asset base.
Annual Net Assets for B Communications Ltd (2005–2024)
The table below shows the annual net assets of B Communications Ltd from 2005 to 2024. For live valuation and market cap data, see B Communications Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA2.71 Billion ≈ $7.26 Million |
+10.75% |
| 2023-12-31 | ILA2.45 Billion ≈ $6.56 Million |
+29.01% |
| 2022-12-31 | ILA1.90 Billion ≈ $5.08 Million |
+28.98% |
| 2021-12-31 | ILA1.47 Billion ≈ $3.94 Million |
+244.26% |
| 2020-12-31 | ILA427.00 Million ≈ $1.14 Million |
+727.94% |
| 2019-12-31 | ILA-68.00 Million ≈ $-182.31K |
-110.41% |
| 2018-12-31 | ILA653.00 Million ≈ $1.75 Million |
-69.54% |
| 2017-12-31 | ILA2.14 Billion ≈ $5.75 Million |
-34.79% |
| 2016-12-31 | ILA3.29 Billion ≈ $8.82 Million |
-3.04% |
| 2015-12-31 | ILA3.39 Billion ≈ $9.09 Million |
+38.92% |
| 2014-12-31 | ILA2.44 Billion ≈ $6.54 Million |
-37.75% |
| 2013-12-31 | ILA3.92 Billion ≈ $10.51 Million |
-3.42% |
| 2012-12-31 | ILA4.06 Billion ≈ $10.88 Million |
-18.85% |
| 2011-12-31 | ILA5.00 Billion ≈ $13.41 Million |
-47.15% |
| 2010-12-31 | ILA9.47 Billion ≈ $25.38 Million |
+1001.25% |
| 2009-12-31 | ILA859.57 Million ≈ $2.30 Million |
+24.89% |
| 2008-12-31 | ILA688.27 Million ≈ $1.85 Million |
+4.97% |
| 2007-12-31 | ILA655.71 Million ≈ $1.76 Million |
+357.55% |
| 2006-12-31 | ILA143.31 Million ≈ $384.21K |
+4.91% |
| 2005-12-31 | ILA136.61 Million ≈ $366.24K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to B Communications 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 106000000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA12.00 Million | 5.15% |
| Other Comprehensive Income | ILA-34.00 Million | -14.59% |
| Other Components | ILA1.31 Billion | 564.38% |
| Total Equity | ILA233.00 Million | 100.00% |
B Communications Ltd Competitors by Market Cap
The table below lists competitors of B Communications Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang He Chuan Technology Corp. Ltd. A
SHG:688320
|
$745.37 Million |
|
Teyi Pharmaceutical Group Co Ltd
SHE:002728
|
$745.43 Million |
|
Jiangsu Jinling Sports Equipment Co Ltd
SHE:300651
|
$745.54 Million |
|
Tian Jin Global Magnetic Card Co Ltd
SHG:600800
|
$745.57 Million |
|
COMSTOCK HLDG-A
F:CHO
|
$744.97 Million |
|
Shanghai Kinetic Medical Co
SHE:300326
|
$744.94 Million |
|
Tamar Petroleum Ltd
TA:TMRP
|
$744.67 Million |
|
Kuyas Yatirim AS
IS:KUYAS
|
$744.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in B Communications Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 189,000,000 to 233,000,000, a change of 44,000,000 (23.3%).
- Net income of 108,000,000 contributed positively to equity growth.
- Share repurchases of 20,000,000 reduced equity.
- Other comprehensive income decreased equity by 2,000,000.
- Other factors decreased equity by 42,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA108.00 Million | +46.35% |
| Share Repurchases | ILA20.00 Million | -8.58% |
| Other Comprehensive Income | ILA-2.00 Million | -0.86% |
| Other Changes | ILA-42.00 Million | -18.03% |
| Total Change | ILA- | 23.28% |
Book Value vs Market Value Analysis
This analysis compares B Communications 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: 1202.85x
- 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 increased from 355.55x to 1202.85x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ILA7.44 | ILA2644.00 | x |
| 2006-12-31 | ILA7.80 | ILA2644.00 | x |
| 2007-12-31 | ILA33.64 | ILA2644.00 | x |
| 2008-12-31 | ILA27.14 | ILA2644.00 | x |
| 2009-12-31 | ILA33.91 | ILA2644.00 | x |
| 2010-12-31 | ILA41.48 | ILA2644.00 | x |
| 2011-12-31 | ILA31.32 | ILA2644.00 | x |
| 2012-12-31 | ILA30.14 | ILA2644.00 | x |
| 2013-12-31 | ILA31.93 | ILA2644.00 | x |
| 2014-12-31 | ILA-17.00 | ILA2644.00 | x |
| 2015-12-31 | ILA34.96 | ILA2644.00 | x |
| 2016-12-31 | ILA39.14 | ILA2644.00 | x |
| 2017-12-31 | ILA0.87 | ILA2644.00 | x |
| 2018-12-31 | ILA5.72 | ILA2644.00 | x |
| 2019-12-31 | ILA-5.09 | ILA2644.00 | x |
| 2020-12-31 | ILA-0.92 | ILA2644.00 | x |
| 2021-12-31 | ILA0.14 | ILA2644.00 | x |
| 2022-12-31 | ILA0.48 | ILA2644.00 | x |
| 2023-12-31 | ILA1.78 | ILA2644.00 | x |
| 2024-12-31 | ILA2.20 | ILA2644.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently B Communications 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): 46.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.22%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 75.93x
- Recent ROE (46.35%) is below the historical average (46.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 8.61% | 4.81% | 1.09x | 1.64x | ILA-1.90 Million |
| 2006 | -1.41% | -0.59% | 0.25x | 9.49x | ILA-16.35 Million |
| 2007 | 6.10% | 3.62% | 0.71x | 2.38x | ILA-25.58 Million |
| 2008 | 7.70% | 4.79% | 0.69x | 2.33x | ILA-15.83 Million |
| 2009 | 17.10% | 12.52% | 0.49x | 2.81x | ILA61.04 Million |
| 2010 | -11.75% | -1.62% | 0.35x | 20.92x | ILA-259.10 Million |
| 2011 | -23.40% | -1.93% | 0.46x | 26.61x | ILA-312.60 Million |
| 2012 | 5.11% | 0.45% | 0.46x | 24.64x | ILA-44.10 Million |
| 2013 | 14.09% | 1.43% | 0.45x | 21.69x | ILA39.80 Million |
| 2014 | 0.00% | -0.23% | 0.59x | 0.00x | ILA29.80 Million |
| 2015 | 20.10% | 2.10% | 0.45x | 21.17x | ILA105.50 Million |
| 2016 | -20.17% | -2.34% | 0.50x | 17.20x | ILA-353.00 Million |
| 2017 | 288.46% | 0.77% | 0.58x | 648.04x | ILA72.40 Million |
| 2018 | -623.39% | -11.44% | 0.48x | 113.23x | ILA-1.08 Billion |
| 2019 | 0.00% | -9.55% | 0.57x | 0.00x | ILA-837.80 Million |
| 2020 | 0.00% | 1.80% | 0.55x | 0.00x | ILA167.70 Million |
| 2021 | 806.25% | 1.46% | 0.53x | 1034.94x | ILA127.40 Million |
| 2022 | 292.59% | 1.76% | 0.57x | 293.61x | ILA152.60 Million |
| 2023 | 98.94% | 2.05% | 0.56x | 86.52x | ILA168.10 Million |
| 2024 | 46.35% | 1.22% | 0.50x | 75.93x | ILA84.70 Million |
Industry Comparison
This section compares B Communications Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $977,670,283
- Average return on equity (ROE) among peers: 7.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| B Communications Ltd (BCOM) | ILA4.92 Billion | 8.61% | 2.69x | $745.08 Million |
| Bezeq Israeli Telecommunication Corp Ltd (BEZQ) | $2.50 Billion | 42.81% | 5.05x | $6.02 Billion |
| Cellcom Israel Ltd (CEL) | $307.51 Million | 167.12% | 14.97x | $1.65 Billion |
| Discount Investment Corp Ltd (DISI) | $3.31 Billion | -16.77% | 4.74x | $300.88 Million |
| Gilat Telecom Global Ltd (GLTL) | $9.84 Million | -41.32% | 3.54x | $53.37 Million |
| Internet Gold Golden Lines Ltd (IGLD) | $-9.93 Million | 0.00% | 0.00x | $1.50 Million |
| Nextcom (NXTM) | $43.94 Million | 6.54% | 1.59x | $44.90 Million |
| Partner (PTNR) | $1.04 Billion | 15.59% | 4.29x | $2.00 Billion |
| Space Com (SCC) | $433.50 Million | -7.06% | 4.32x | $54.96 Million |
| Suny Cellular Communication Ltd (SNCM) | $1.16 Billion | -95.86% | 0.52x | $87.44 Million |
About B Communications Ltd
B Communications Ltd., through its subsidiaries, provides a range of telecommunications services for business and domestic customers in Israel. It operates through Fixed domestic communications, Cellular Communication, Bezeq International Services, and Multi-Channel TV segments. The company offers Fixed domestic communications, including telephony, internet services and infrastructure, data trans… Read more