Carasso Real Estate Ltd
Carasso Real Estate Ltd engages in the development and construction of residential projects in Israel. It develops residential, commercial, office buildings, and hi-tech facilities, as well as retail centers. The company was founded in 1933 and is based in Tel Aviv-Yafo, Israel.
Carasso Real Estate Ltd (CRSR) - Net Assets
Latest net assets as of September 2025: ₪1.53 Billion ILS
Based on the latest financial reports, Carasso Real Estate Ltd (CRSR) has net assets worth ₪1.53 Billion ILS as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₪5.54 Billion) and total liabilities (₪4.01 Billion). 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 | ₪1.53 Billion |
| % of Total Assets | 27.59% |
| Annual Growth Rate | 19.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 25.37 |
Carasso Real Estate Ltd - Net Assets Trend (2020–2024)
This chart illustrates how Carasso Real Estate 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 Carasso Real Estate Ltd (2020–2024)
The table below shows the annual net assets of Carasso Real Estate Ltd from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ₪1.43 Billion | +10.95% |
| 2023-12-31 | ₪1.29 Billion | +0.57% |
| 2022-12-31 | ₪1.28 Billion | +65.54% |
| 2021-12-31 | ₪772.73 Million | +12.12% |
| 2020-12-31 | ₪689.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carasso Real Estate 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₪321.62 Million | 22.80% |
| Other Components | ₪1.09 Billion | 77.20% |
| Total Equity | ₪1.41 Billion | 100.00% |
Carasso Real Estate Ltd Competitors by Market Cap
The table below lists competitors of Carasso Real Estate Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fox Factory Holding Corp
NASDAQ:FOXF
|
$680.61 Million |
|
Sigma Lithium Resources Corp
NASDAQ:SGML
|
$680.96 Million |
|
KODIAK SCIENCES DL-0001
F:K27
|
$681.04 Million |
|
Deutsche Pfandbriefbank AG
OTCGREY:PBBGF
|
$681.08 Million |
|
Shandong Gettop Acoustic Co Ltd
SHE:002655
|
$680.25 Million |
|
Olav Thon Eiendomsselskap ASA
LSE:0FHP
|
$679.67 Million |
|
Sumitomo Osaka Cement Co. Ltd
F:SU2
|
$679.54 Million |
|
Zhejiang Construction Investment Group Co Ltd
SHE:002761
|
$679.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carasso Real Estate Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,282,421,000 to 1,410,875,000, a change of 128,454,000 (10.0%).
- Net income of 121,595,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₪121.59 Million | +8.62% |
| Other Changes | ₪6.86 Million | +0.49% |
| Total Change | ₪- | 10.02% |
Book Value vs Market Value Analysis
This analysis compares Carasso Real Estate 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: 147.03x
- 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 237.95x to 147.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ₪16.22 | ₪3860.00 | x |
| 2021-12-31 | ₪18.17 | ₪3860.00 | x |
| 2022-12-31 | ₪23.54 | ₪3860.00 | x |
| 2023-12-31 | ₪23.68 | ₪3860.00 | x |
| 2024-12-31 | ₪26.25 | ₪3860.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carasso Real Estate 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): 8.62%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.32%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 3.12x
- Recent ROE (8.62%) is above the historical average (5.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -0.17% | -0.29% | 0.16x | 3.66x | ₪-66.70 Million |
| 2021 | 10.70% | 11.16% | 0.28x | 3.48x | ₪5.18 Million |
| 2022 | 8.57% | 14.59% | 0.23x | 2.54x | ₪-18.29 Million |
| 2023 | 1.35% | 3.80% | 0.12x | 2.93x | ₪-110.89 Million |
| 2024 | 8.62% | 18.32% | 0.15x | 3.12x | ₪-19.49 Million |
Industry Comparison
This section compares Carasso Real Estate Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $965,103,111
- Average return on equity (ROE) among peers: 15.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carasso Real Estate Ltd (CRSR) | ₪1.53 Billion | -0.17% | 2.63x | $680.28 Million |
| Kvutzat Acro Ltd. (ACRO) | $1.27 Billion | 4.22% | 2.11x | $8.59 Million |
| Africa Israel Residences Ltd (AFRE) | $693.46 Million | 6.30% | 2.76x | $10.34 Million |
| Ashtrom Group Ltd (ASHG) | $5.14 Billion | 3.30% | 3.25x | $20.20 Million |
| Aura Investments Ltd (AURA) | $133.25 Million | 41.78% | 8.11x | $16.60 Million |
| Av Gad Holdings Ltd (AVGD) | $26.41 Million | 63.52% | 2.56x | $855.64K |
| GavYam Lands Corp Ltd (GVYM) | $818.27 Million | 7.05% | 1.60x | $25.05 Million |
| Hagag Europe Development ZF Ltd (HGGE) | $59.68 Million | -9.56% | 1.46x | $2.27 Million |
| Hanan Mor (HNMR) | $50.54 Million | 17.37% | 13.35x | $40.22K |
| Hiron-Trade Investments & Industrial Buildings Ltd (HRON) | $501.44 Million | 6.70% | 0.51x | $3.16 Million |