Erika Carmel Ltd

TA:BCUR Israel Medical Devices
Market Cap
$4.69 Million
ILA1.75 Billion ILA
Market Cap Rank
#42423 Global
#399 in Israel
Share Price
ILA16.80
Change (1 day)
+3.07%
52-Week Range
ILA15.30 - ILA28.70
All Time High
ILA765.50
About

Erika B-Cure Laser Ltd develops, manufactures, markets, distributes, and sells the B-Cure laser products in Israel and internationally. It offers B-Cure Laser Classic, a home medical device for the treatment of pain, orthopedic problems, dermatology, analgesia, inflammation, and wound healing; and B-Cure Laser Pro, a device for the treatment of acute and chronic problems, such as orthopedic probl… Read more

Erika Carmel Ltd (BCUR) - Net Assets

Latest net assets as of June 2025: ILA13.40 Million ILA

Based on the latest financial reports, Erika Carmel Ltd (BCUR) has net assets worth ILA13.40 Million ILA as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA31.51 Million) and total liabilities (ILA18.11 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 ILA13.40 Million
% of Total Assets 42.52%
Annual Growth Rate 37.06%
5-Year Change 67.64%
10-Year Change N/A
Growth Volatility 358.64

Erika Carmel Ltd - Net Assets Trend (2019–2024)

This chart illustrates how Erika Carmel 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 Erika Carmel Ltd (2019–2024)

The table below shows the annual net assets of Erika Carmel Ltd from 2019 to 2024.

Year Net Assets Change
2024-12-31 ILA15.04 Million -36.62%
2023-12-31 ILA23.73 Million -44.39%
2022-12-31 ILA42.67 Million -51.55%
2021-12-31 ILA88.06 Million +881.74%
2020-12-31 ILA8.97 Million +188.70%
2019-12-31 ILA3.11 Million --

Equity Component Analysis

This analysis shows how different components contribute to Erika Carmel 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 7881800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock ILA1.04 Million 6.93%
Other Comprehensive Income ILA4.78 Million 31.82%
Other Components ILA88.10 Million 585.86%
Total Equity ILA15.04 Million 100.00%

Erika Carmel Ltd Competitors by Market Cap

The table below lists competitors of Erika Carmel Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 23,727,000 to 15,037,000, a change of -8,690,000 (-36.6%).
  • Net loss of 9,470,000 reduced equity.
  • Other comprehensive income increased equity by 729,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA-9.47 Million -62.98%
Other Comprehensive Income ILA729.00K +4.85%
Other Changes ILA51.00K +0.34%
Total Change ILA- -36.62%

Book Value vs Market Value Analysis

This analysis compares Erika Carmel 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: 116.38x
  • 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 559.86x to 116.38x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 ILA0.03 ILA16.80 x
2020-12-31 ILA0.09 ILA16.80 x
2021-12-31 ILA0.86 ILA16.80 x
2022-12-31 ILA0.41 ILA16.80 x
2023-12-31 ILA0.23 ILA16.80 x
2024-12-31 ILA0.14 ILA16.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Erika Carmel 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): -62.98%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -24.95%
  • • Asset Turnover: 1.09x
  • • Equity Multiplier: 2.31x
  • Recent ROE (-62.98%) is below the historical average (-5.12%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 75.41% 4.61% 1.95x 8.39x ILA2.03 Million
2020 138.94% 14.53% 1.80x 5.32x ILA11.57 Million
2021 -24.76% -22.52% 0.77x 1.42x ILA-30.61 Million
2022 -76.32% -64.71% 0.74x 1.60x ILA-36.83 Million
2023 -81.01% -64.32% 0.64x 1.98x ILA-21.59 Million
2024 -62.98% -24.95% 1.09x 2.31x ILA-10.97 Million

Industry Comparison

This section compares Erika Carmel Ltd's net assets metrics with peer companies in the Medical Devices industry.

Industry Context

  • Industry: Medical Devices
  • Average net assets among peers: $49,758,000
  • Average return on equity (ROE) among peers: -21.46%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Erika Carmel Ltd (BCUR) ILA13.40 Million 75.41% 1.35x $46.92K
Allmed Solutions Ltd (ALMD) $45.13 Million -46.38% 0.26x $96.61K
Bio-View Ltd (BIOV) $23.45 Million -5.34% 0.48x $54.59K
Erech Finance Cahalacha Ltd (EFNC) $-63.00K 0.00% 0.00x $19.28K
Endymed (ENDY) $14.70 Million 5.78% 0.34x $118.10K
Epitomee Medical Ltd (EPIT) $34.80 Million -16.33% 0.16x $567.43K
Human Xtensions Ltd (HUMX) $61.78 Million -72.18% 0.17x $21.16K
Ilex Medical (ILX) $109.44 Million 17.00% 0.55x $2.01 Million
Pulsenmore Ltd (PULS) $132.23 Million -44.29% 0.36x $321.83K
Sofwave Medical Ltd (SOFW) $26.34 Million -31.42% 0.65x $3.18 Million