Bezeq Israeli Telecommunication Corp Ltd (BEZQ) - Net Assets
Based on the latest financial reports, Bezeq Israeli Telecommunication Corp Ltd (BEZQ) has net assets worth ILA2.71 Billion ILA (≈ $7.26 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 (ILA15.79 Billion ≈ $42.32 Million USD) and total liabilities (ILA13.08 Billion ≈ $35.06 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. Also explore BEZQ asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA2.71 Billion |
| % of Total Assets | 17.16% |
| Annual Growth Rate | -4.13% |
| 5-Year Change | N/A |
| 10-Year Change | 3.86% |
| Growth Volatility | 60.27 |
Bezeq Israeli Telecommunication Corp Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Bezeq Israeli Telecommunication Corp Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see BEZQ market cap overview.
Annual Net Assets for Bezeq Israeli Telecommunication Corp Ltd (2000–2024)
The table below shows the annual net assets of Bezeq Israeli Telecommunication Corp Ltd from 2000 to 2024. Explore BEZQ cash generation efficiency to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA2.50 Billion ≈ $6.71 Million |
+13.97% |
| 2023-12-31 | ILA2.20 Billion ≈ $5.89 Million |
+35.28% |
| 2022-12-31 | ILA1.62 Billion ≈ $4.35 Million |
+48.18% |
| 2021-12-31 | ILA1.10 Billion ≈ $2.94 Million |
+830.67% |
| 2020-12-31 | ILA-150.00 Million ≈ $-402.14K |
+78.10% |
| 2019-12-31 | ILA-685.00 Million ≈ $-1.84 Million |
-257.83% |
| 2018-12-31 | ILA434.00 Million ≈ $1.16 Million |
-79.76% |
| 2017-12-31 | ILA2.14 Billion ≈ $5.75 Million |
-2.68% |
| 2016-12-31 | ILA2.20 Billion ≈ $5.91 Million |
-8.63% |
| 2015-12-31 | ILA2.41 Billion ≈ $6.46 Million |
-1.23% |
| 2014-12-31 | ILA2.44 Billion ≈ $6.54 Million |
+0.74% |
| 2013-12-31 | ILA2.42 Billion ≈ $6.50 Million |
-1.50% |
| 2012-12-31 | ILA2.46 Billion ≈ $6.60 Million |
-8.48% |
| 2011-12-31 | ILA2.69 Billion ≈ $7.21 Million |
-49.94% |
| 2010-12-31 | ILA5.37 Billion ≈ $14.40 Million |
-17.86% |
| 2009-12-31 | ILA6.54 Billion ≈ $17.53 Million |
+54.05% |
| 2008-12-31 | ILA4.24 Billion ≈ $11.38 Million |
+1.92% |
| 2007-12-31 | ILA4.16 Billion ≈ $11.16 Million |
-19.78% |
| 2006-12-31 | ILA5.19 Billion ≈ $13.92 Million |
-35.58% |
| 2005-12-31 | ILA8.06 Billion ≈ $21.60 Million |
+8.08% |
| 2004-12-31 | ILA7.46 Billion ≈ $19.99 Million |
+8.92% |
| 2003-12-31 | ILA6.85 Billion ≈ $18.35 Million |
+1.90% |
| 2002-12-31 | ILA6.72 Billion ≈ $18.01 Million |
-6.45% |
| 2001-12-31 | ILA7.18 Billion ≈ $19.25 Million |
+4.17% |
| 2000-12-31 | ILA6.89 Billion ≈ $18.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bezeq Israeli Telecommunication Corp 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 855.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA3.88 Billion | 155.16% |
| Other Comprehensive Income | ILA407.00 Million | 16.27% |
| Other Components | ILA393.00 Million | 15.71% |
| Total Equity | ILA2.50 Billion | 100.00% |
Bezeq Israeli Telecommunication Corp Ltd Competitors by Market Cap
The table below lists competitors of Bezeq Israeli Telecommunication Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
L&K Engineering Suzhou Co Ltd
SHG:603929
|
$5.88 Billion |
|
Century Aluminum Company
NASDAQ:CENX
|
$5.88 Billion |
|
China Nuclear Engineering Co
SHG:601611
|
$5.88 Billion |
|
Renk Group AG
XETRA:R3NK
|
$5.90 Billion |
|
3SBio Inc
F:83B
|
$5.88 Billion |
|
Puya Semiconductor Shanghai Co Ltd
SHG:688766
|
$5.87 Billion |
|
Mirum Pharmaceuticals Inc
NASDAQ:MIRM
|
$5.87 Billion |
|
Australian Foundation Investment Company Ltd
AU:AFI
|
$5.87 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bezeq Israeli Telecommunication Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,196,000,000 to 2,502,000,000, a change of 306,000,000 (13.9%).
- Net income of 1,072,000,000 contributed positively to equity growth.
- Dividend payments of 781,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 407,000,000.
- Other factors decreased equity by 392,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA1.07 Billion | +42.85% |
| Dividends Paid | ILA781.00 Million | -31.22% |
| Other Comprehensive Income | ILA407.00 Million | +16.27% |
| Other Changes | ILA-392.00 Million | -15.67% |
| Total Change | ILA- | 13.93% |
Book Value vs Market Value Analysis
This analysis compares Bezeq Israeli Telecommunication Corp 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: 887.14x
- 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 282.14x to 887.14x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | ILA2.80 | ILA789.90 | x |
| 2004-12-31 | ILA2.87 | ILA789.90 | x |
| 2005-12-31 | ILA3.09 | ILA789.90 | x |
| 2006-12-31 | ILA2.21 | ILA789.90 | x |
| 2007-12-31 | ILA1.72 | ILA789.90 | x |
| 2008-12-31 | ILA1.78 | ILA789.90 | x |
| 2009-12-31 | ILA2.44 | ILA789.90 | x |
| 2010-12-31 | ILA1.96 | ILA789.90 | x |
| 2011-12-31 | ILA0.97 | ILA789.90 | x |
| 2012-12-31 | ILA0.90 | ILA789.90 | x |
| 2013-12-31 | ILA0.88 | ILA789.90 | x |
| 2014-12-31 | ILA0.89 | ILA789.90 | x |
| 2015-12-31 | ILA0.87 | ILA789.90 | x |
| 2016-12-31 | ILA0.80 | ILA789.90 | x |
| 2017-12-31 | ILA0.78 | ILA789.90 | x |
| 2018-12-31 | ILA0.16 | ILA789.90 | x |
| 2019-12-31 | ILA-0.25 | ILA789.90 | x |
| 2020-12-31 | ILA-0.05 | ILA789.90 | x |
| 2021-12-31 | ILA0.40 | ILA789.90 | x |
| 2022-12-31 | ILA0.59 | ILA789.90 | x |
| 2023-12-31 | ILA0.79 | ILA789.90 | x |
| 2024-12-31 | ILA0.89 | ILA789.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bezeq Israeli Telecommunication Corp 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): 42.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.07%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 6.06x
- Recent ROE (42.85%) is above the historical average (30.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 1.69% | 1.49% | 0.48x | 2.39x | ILA-596.94 Million |
| 2003 | -6.40% | -5.49% | 0.50x | 2.35x | ILA-1.12 Billion |
| 2004 | 8.32% | 6.70% | 0.46x | 2.70x | ILA-125.75 Million |
| 2005 | 7.33% | 5.32% | 0.54x | 2.56x | ILA-214.93 Million |
| 2006 | 14.06% | 6.61% | 0.70x | 3.05x | ILA233.50 Million |
| 2007 | 29.31% | 11.94% | 0.73x | 3.34x | ILA876.30 Million |
| 2008 | 34.51% | 14.77% | 0.77x | 3.04x | ILA1.16 Billion |
| 2009 | 55.06% | 31.28% | 0.83x | 2.13x | ILA2.95 Billion |
| 2010 | 45.86% | 20.38% | 0.84x | 2.67x | ILA1.91 Billion |
| 2011 | 77.96% | 18.17% | 0.66x | 6.54x | ILA1.80 Billion |
| 2012 | 75.53% | 18.08% | 0.65x | 6.41x | ILA1.61 Billion |
| 2013 | 73.09% | 18.52% | 0.64x | 6.20x | ILA1.53 Billion |
| 2014 | 86.48% | 23.31% | 0.59x | 6.27x | ILA1.87 Billion |
| 2015 | 71.38% | 17.24% | 0.60x | 6.92x | ILA1.48 Billion |
| 2016 | 56.47% | 12.34% | 0.63x | 7.24x | ILA1.02 Billion |
| 2017 | 57.60% | 12.62% | 0.58x | 7.86x | ILA1.02 Billion |
| 2018 | -245.62% | -11.44% | 0.57x | 37.61x | ILA-1.11 Billion |
| 2019 | 0.00% | -12.17% | 0.68x | 0.00x | ILA-1.02 Billion |
| 2020 | 0.00% | 9.13% | 0.66x | 0.00x | ILA811.00 Million |
| 2021 | 107.94% | 13.41% | 0.63x | 12.71x | ILA1.07 Billion |
| 2022 | 61.61% | 11.08% | 0.67x | 8.26x | ILA837.70 Million |
| 2023 | 54.14% | 13.06% | 0.66x | 6.32x | ILA969.40 Million |
| 2024 | 42.85% | 12.07% | 0.59x | 6.06x | ILA821.80 Million |
Industry Comparison
This section compares Bezeq Israeli Telecommunication Corp Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $1,255,336,950
- Average return on equity (ROE) among peers: 2.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bezeq Israeli Telecommunication Corp Ltd (BEZQ) | ILA2.71 Billion | 1.69% | 4.83x | $5.88 Billion |
| B Communications Ltd (BCOM) | $5.00 Billion | -4.38% | 3.98x | $745.08 Million |
| Cellcom Israel Ltd (CEL) | $307.51 Million | 167.12% | 14.97x | $1.63 Billion |
| Discount Investment Corp Ltd (DISI) | $3.31 Billion | -16.77% | 4.74x | $298.53 Million |
| Gilat Telecom Global Ltd (GLTL) | $9.84 Million | -41.32% | 3.54x | $52.89 Million |
| Internet Gold Golden Lines Ltd (IGLD) | $-9.93 Million | 0.00% | 0.00x | $1.47 Million |
| Nextcom (NXTM) | $43.94 Million | 6.54% | 1.59x | $48.58 Million |
| Partner (PTNR) | $1.04 Billion | 15.59% | 4.29x | $1.97 Billion |
| Space Com (SCC) | $433.50 Million | -7.06% | 4.32x | $53.82 Million |
| Suny Cellular Communication Ltd (SNCM) | $1.16 Billion | -95.86% | 0.52x | $86.38 Million |
About Bezeq Israeli Telecommunication Corp Ltd
Bezeq The Israel Telecommunication Corp. Ltd provides communications services to business and private customers in Israel. The company operates through Domestic Fixed Communications; Cellular Communications; Internet Services, International Communication, and ICT Solutions for Businesses; and Multi-channel Television segments. The company offers telephony services, including basic telephony servi… Read more