Brimag -L (BRMG) - Net Assets
Based on the latest financial reports, Brimag -L (BRMG) has net assets worth ILA269.64 Million ILA (≈ $722.90K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA592.15 Million ≈ $1.59 Million USD) and total liabilities (ILA322.51 Million ≈ $864.64K 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 Brimag -L liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA269.64 Million |
| % of Total Assets | 45.54% |
| Annual Growth Rate | 9.43% |
| 5-Year Change | 16.49% |
| 10-Year Change | 33.9% |
| Growth Volatility | 17.62 |
Brimag -L - Net Assets Trend (2005–2024)
This chart illustrates how Brimag -L's net assets have evolved over time, based on quarterly financial data. Also explore Brimag -L balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Brimag -L (2005–2024)
The table below shows the annual net assets of Brimag -L from 2005 to 2024. For live valuation and market cap data, see Brimag -L market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA260.50 Million ≈ $698.40K |
+12.24% |
| 2023-12-31 | ILA232.09 Million ≈ $622.22K |
-4.60% |
| 2022-12-31 | ILA243.29 Million ≈ $652.24K |
+0.08% |
| 2021-12-31 | ILA243.08 Million ≈ $651.70K |
+8.70% |
| 2020-12-31 | ILA223.62 Million ≈ $599.53K |
+19.99% |
| 2019-12-31 | ILA186.36 Million ≈ $499.63K |
-5.31% |
| 2018-12-31 | ILA196.82 Million ≈ $527.66K |
-2.67% |
| 2017-12-31 | ILA202.22 Million ≈ $542.13K |
+7.60% |
| 2016-12-31 | ILA187.93 Million ≈ $503.82K |
-3.40% |
| 2015-12-31 | ILA194.55 Million ≈ $521.58K |
-6.48% |
| 2014-12-31 | ILA208.03 Million ≈ $557.71K |
+4.13% |
| 2013-12-31 | ILA199.77 Million ≈ $535.58K |
+3.79% |
| 2012-12-31 | ILA192.48 Million ≈ $516.03K |
+12.25% |
| 2011-12-31 | ILA171.47 Million ≈ $459.70K |
+0.97% |
| 2010-12-31 | ILA169.81 Million ≈ $455.27K |
+4.57% |
| 2009-12-31 | ILA162.38 Million ≈ $435.35K |
+13.27% |
| 2008-12-31 | ILA143.36 Million ≈ $384.35K |
+50.79% |
| 2007-12-31 | ILA95.08 Million ≈ $254.89K |
+59.99% |
| 2006-12-31 | ILA59.42 Million ≈ $159.32K |
+26.48% |
| 2005-12-31 | ILA46.98 Million ≈ $125.97K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Brimag -L'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 591.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA219.75 Million | 84.36% |
| Common Stock | ILA104.00K | 0.04% |
| Other Comprehensive Income | ILA-6.01 Million | -2.31% |
| Other Components | ILA46.65 Million | 17.91% |
| Total Equity | ILA260.50 Million | 100.00% |
Brimag -L Competitors by Market Cap
The table below lists competitors of Brimag -L ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Senheng New Retail Bhd
KLSE:5305
|
$67.79 Million |
|
SunCar Technology Group Inc.
NASDAQ:SDA
|
$67.80 Million |
|
Ribbon Acquisition Corp Unit
NASDAQ:RIBBU
|
$67.81 Million |
|
NEW ZEALAND RURAL
F:8UK
|
$67.81 Million |
|
Koryo Electronics Co Ltd
TWO:8032
|
$67.74 Million |
|
577 Investment Corp
VN:NBB
|
$67.74 Million |
|
Osmanli Menkul Degerler AS
IS:OSMEN
|
$67.73 Million |
|
DaChan Food (Asia) Limited
F:3DS
|
$67.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brimag -L's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 231,819,000 to 260,502,000, a change of 28,683,000 (12.4%).
- Net income of 29,151,000 contributed positively to equity growth.
- Share repurchases of 13,402,000 reduced equity.
- Other comprehensive income decreased equity by 836,999.
- Other factors increased equity by 13,770,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA29.15 Million | +11.19% |
| Share Repurchases | ILA13.40 Million | -5.14% |
| Other Comprehensive Income | ILA-837.00K | -0.32% |
| Other Changes | ILA13.77 Million | +5.29% |
| Total Change | ILA- | 12.37% |
Book Value vs Market Value Analysis
This analysis compares Brimag -L'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: 95.48x
- 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 130.02x to 95.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ILA19.23 | ILA2500.00 | x |
| 2013-12-31 | ILA19.73 | ILA2500.00 | x |
| 2014-12-31 | ILA20.86 | ILA2500.00 | x |
| 2015-12-31 | ILA19.76 | ILA2500.00 | x |
| 2016-12-31 | ILA19.16 | ILA2500.00 | x |
| 2017-12-31 | ILA19.46 | ILA2500.00 | x |
| 2018-12-31 | ILA19.42 | ILA2500.00 | x |
| 2019-12-31 | ILA18.39 | ILA2500.00 | x |
| 2020-12-31 | ILA22.11 | ILA2500.00 | x |
| 2021-12-31 | ILA24.04 | ILA2500.00 | x |
| 2022-12-31 | ILA24.04 | ILA2500.00 | x |
| 2023-12-31 | ILA23.30 | ILA2500.00 | x |
| 2024-12-31 | ILA26.18 | ILA2500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brimag -L 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): 11.19%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.24%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 2.12x
- Recent ROE (11.19%) is below the historical average (13.05%), 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 | 24.88% | 3.40% | 1.45x | 5.04x | ILA6.99 Million |
| 2006 | 20.99% | 2.54% | 1.72x | 4.79x | ILA6.53 Million |
| 2007 | 30.68% | 5.00% | 1.69x | 3.64x | ILA19.64 Million |
| 2008 | 26.02% | 5.58% | 1.28x | 3.64x | ILA22.92 Million |
| 2009 | 19.57% | 4.09% | 1.34x | 3.58x | ILA15.47 Million |
| 2010 | 11.99% | 2.20% | 1.42x | 3.84x | ILA3.36 Million |
| 2011 | 2.12% | 0.44% | 1.07x | 4.48x | ILA-13.60 Million |
| 2012 | 9.19% | 2.67% | 1.00x | 3.44x | ILA-1.59 Million |
| 2013 | 7.41% | 2.33% | 1.02x | 3.11x | ILA-5.19 Million |
| 2014 | 8.68% | 3.65% | 1.02x | 2.33x | ILA-2.80 Million |
| 2015 | -3.03% | -1.32% | 1.12x | 2.04x | ILA-26.16 Million |
| 2016 | 11.25% | 4.72% | 1.15x | 2.07x | ILA2.42 Million |
| 2017 | 11.57% | 5.19% | 1.15x | 1.94x | ILA3.18 Million |
| 2018 | 8.49% | 3.53% | 1.23x | 1.96x | ILA-2.97 Million |
| 2019 | 7.82% | 3.07% | 1.00x | 2.54x | ILA-4.07 Million |
| 2020 | 17.45% | 7.71% | 1.10x | 2.06x | ILA16.65 Million |
| 2021 | 24.19% | 11.38% | 1.00x | 2.13x | ILA34.48 Million |
| 2022 | 10.65% | 5.01% | 0.83x | 2.56x | ILA1.58 Million |
| 2023 | -0.01% | -0.01% | 0.87x | 2.30x | ILA-23.21 Million |
| 2024 | 11.19% | 7.24% | 0.73x | 2.12x | ILA3.10 Million |
Industry Comparison
This section compares Brimag -L's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $79,428,800
- Average return on equity (ROE) among peers: 17.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brimag -L (BRMG) | ILA269.64 Million | 24.88% | 1.20x | $67.77 Million |
| Accel Solutions Group Ltd (ACCL) | $85.86 Million | 4.98% | 0.51x | $114.08 Million |
| Icon Group (ICON) | $65.70 Million | 47.00% | 4.03x | $99.23 Million |
| Ralco Agencies Ltd (RLCO) | $96.19 Million | 23.78% | 0.54x | $45.68 Million |
| STG International Ltd (STG) | $46.72 Million | 0.00% | 0.90x | $70.65 Million |
| Telsys (TLSY) | $102.68 Million | 10.34% | 0.30x | $768.86 Million |
About Brimag -L
Brimag Digital Age Ltd. imports, markets, and distributes home appliances and commercial air conditioning systems in Israel. The company offers refrigerators, ovens and stoves, dishwashers, freezers, and wine coolers; mixers, blenders, hand mixers, mixer accessories, food processors and choppers, microwaves, pots, cutlery, electric hotplates, toasters, meat grinders, frying pans, bread makers, ju… Read more