Direct Finance TA (DIFI) - Net Assets
Based on the latest financial reports, Direct Finance TA (DIFI) has net assets worth ILA1.42 Billion ILA (≈ $3.81 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA10.37 Billion ≈ $27.79 Million USD) and total liabilities (ILA8.95 Billion ≈ $23.98 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 DIFI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA1.42 Billion |
| % of Total Assets | 13.71% |
| Annual Growth Rate | 9.82% |
| 5-Year Change | 48.65% |
| 10-Year Change | 5.19% |
| Growth Volatility | 55.78 |
Direct Finance TA - Net Assets Trend (2000–2025)
This chart illustrates how Direct Finance TA's net assets have evolved over time, based on quarterly financial data. Also explore DIFI total asset value for the complete picture of this company's asset base.
Annual Net Assets for Direct Finance TA (2000–2025)
The table below shows the annual net assets of Direct Finance TA from 2000 to 2025. For live valuation and market cap data, see DIFI stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA1.42 Billion ≈ $3.81 Million |
+3.18% |
| 2024-12-31 | ILA1.38 Billion ≈ $3.69 Million |
+8.53% |
| 2023-12-31 | ILA1.27 Billion ≈ $3.40 Million |
+7.35% |
| 2022-12-31 | ILA1.18 Billion ≈ $3.17 Million |
+23.65% |
| 2021-12-31 | ILA956.01 Million ≈ $2.56 Million |
+40.77% |
| 2020-12-31 | ILA679.14 Million ≈ $1.82 Million |
+40.92% |
| 2019-12-31 | ILA481.93 Million ≈ $1.29 Million |
+28.30% |
| 2018-12-31 | ILA375.62 Million ≈ $1.01 Million |
+21.92% |
| 2017-12-31 | ILA308.07 Million ≈ $825.94K |
-77.20% |
| 2016-12-31 | ILA1.35 Billion ≈ $3.62 Million |
-2.28% |
| 2015-12-31 | ILA1.38 Billion ≈ $3.71 Million |
+5.94% |
| 2014-12-31 | ILA1.30 Billion ≈ $3.50 Million |
+5.60% |
| 2013-12-31 | ILA1.24 Billion ≈ $3.31 Million |
+25.78% |
| 2012-12-31 | ILA982.48 Million ≈ $2.63 Million |
+5.19% |
| 2011-12-31 | ILA933.99 Million ≈ $2.50 Million |
-0.70% |
| 2010-12-31 | ILA940.61 Million ≈ $2.52 Million |
+1.38% |
| 2009-12-31 | ILA927.79 Million ≈ $2.49 Million |
+261.63% |
| 2008-12-31 | ILA256.56 Million ≈ $687.82K |
-41.37% |
| 2007-12-31 | ILA437.60 Million ≈ $1.17 Million |
+50.94% |
| 2006-12-31 | ILA289.91 Million ≈ $777.24K |
+8.48% |
| 2005-12-31 | ILA267.24 Million ≈ $716.46K |
+0.48% |
| 2004-12-31 | ILA265.97 Million ≈ $713.05K |
+48.24% |
| 2003-12-31 | ILA179.41 Million ≈ $481.01K |
+6.81% |
| 2002-12-31 | ILA167.98 Million ≈ $450.35K |
+3.40% |
| 2001-12-31 | ILA162.46 Million ≈ $435.54K |
+18.82% |
| 2000-12-31 | ILA136.72 Million ≈ $366.54K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Direct Finance TA'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 2857.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA681.53 Million | 50.32% |
| Common Stock | ILA2.96 Million | 0.22% |
| Other Components | ILA669.92 Million | 49.46% |
| Total Equity | ILA1.35 Billion | 100.00% |
Direct Finance TA Competitors by Market Cap
The table below lists competitors of Direct Finance TA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd B
SHG:900932
|
$428.19 Million |
|
Cogobuy Group
F:7C3
|
$428.29 Million |
|
Kumyang
KO:001570
|
$428.33 Million |
|
TWC Enterprises Ltd
TO:TWC
|
$428.38 Million |
|
Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd.
SHE:301022
|
$428.14 Million |
|
Leo Lithium Ltd
AU:LLL
|
$428.13 Million |
|
Hangzhou Huaxing Chuangye Communication Technology Co Ltd
SHE:300025
|
$428.10 Million |
|
AfreecaTV Co. Ltd
KQ:067160
|
$428.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Direct Finance TA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,321,622,000 to 1,354,412,000, a change of 32,790,000 (2.5%).
- Net income of 120,060,000 contributed positively to equity growth.
- Dividend payments of 90,366,000 reduced retained earnings.
- Other comprehensive income decreased equity by 34,956,999.
- Other factors increased equity by 38,052,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA120.06 Million | +8.86% |
| Dividends Paid | ILA90.37 Million | -6.67% |
| Other Comprehensive Income | ILA-34.96 Million | -2.58% |
| Other Changes | ILA38.05 Million | +2.81% |
| Total Change | ILA- | 2.48% |
Book Value vs Market Value Analysis
This analysis compares Direct Finance TA'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: 106.64x
- 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 188.40x to 106.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ILA286.62 | ILA54000.00 | x |
| 2017-12-31 | ILA140.16 | ILA54000.00 | x |
| 2018-12-31 | ILA167.25 | ILA54000.00 | x |
| 2019-12-31 | ILA205.48 | ILA54000.00 | x |
| 2020-12-31 | ILA292.10 | ILA54000.00 | x |
| 2021-12-31 | ILA363.78 | ILA54000.00 | x |
| 2022-12-31 | ILA449.82 | ILA54000.00 | x |
| 2023-12-31 | ILA418.61 | ILA54000.00 | x |
| 2024-12-31 | ILA446.61 | ILA54000.00 | x |
| 2025-12-31 | ILA506.40 | ILA54000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Direct Finance TA 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): 8.86%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.83%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 7.65x
- Recent ROE (8.86%) is below the historical average (13.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 12.85% | 5.91% | 0.38x | 5.73x | ILA3.90 Million |
| 2001 | 13.39% | 4.68% | 0.52x | 5.48x | ILA5.36 Million |
| 2002 | 3.70% | 1.17% | 0.47x | 6.74x | ILA-10.41 Million |
| 2003 | 1.21% | 0.30% | 0.50x | 7.87x | ILA-15.78 Million |
| 2004 | 17.10% | 4.42% | 0.50x | 7.69x | ILA16.15 Million |
| 2005 | 5.55% | 1.28% | 0.44x | 9.94x | ILA-9.80 Million |
| 2006 | 0.86% | 0.21% | 0.41x | 10.29x | ILA-21.74 Million |
| 2007 | 39.03% | 12.05% | 0.48x | 6.69x | ILA118.09 Million |
| 2009 | 13.43% | 5.88% | 0.19x | 12.11x | ILA17.80 Million |
| 2010 | 10.64% | 4.79% | 0.21x | 10.71x | ILA3.92 Million |
| 2012 | 15.06% | 5.38% | 0.23x | 12.11x | ILA29.85 Million |
| 2013 | 11.72% | 4.64% | 0.23x | 11.13x | ILA11.84 Million |
| 2014 | 14.87% | 4.81% | 0.23x | 13.59x | ILA30.49 Million |
| 2015 | 16.08% | 4.75% | 0.25x | 13.54x | ILA39.15 Million |
| 2016 | 6.04% | 15.42% | 0.02x | 16.95x | ILA-23.51 Million |
| 2017 | 18.05% | 13.51% | 0.23x | 5.77x | ILA24.81 Million |
| 2018 | 18.96% | 14.60% | 0.25x | 5.25x | ILA33.65 Million |
| 2019 | 24.05% | 19.23% | 0.22x | 5.70x | ILA67.72 Million |
| 2020 | 10.44% | 14.85% | 0.13x | 5.42x | ILA3.02 Million |
| 2021 | 18.97% | 21.25% | 0.20x | 4.46x | ILA85.72 Million |
| 2022 | 20.68% | 17.88% | 0.20x | 5.70x | ILA126.24 Million |
| 2023 | 10.71% | 9.61% | 0.18x | 6.33x | ILA8.78 Million |
| 2024 | 10.68% | 9.33% | 0.18x | 6.48x | ILA8.94 Million |
| 2025 | 8.86% | 7.83% | 0.15x | 7.65x | ILA-15.38 Million |
Industry Comparison
This section compares Direct Finance TA's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $466,252,556
- Average return on equity (ROE) among peers: -13.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Direct Finance TA (DIFI) | ILA1.42 Billion | 12.85% | 6.30x | $428.15 Million |
| Blender Financial Technologies Ltd (BLND) | $51.97 Million | -30.77% | 2.97x | $19.05 Million |
| Isracard Ltd (ISCD) | $2.67 Billion | 8.59% | 5.40x | $1.31 Billion |
| Jacob Finance And Investments Ltd (JCFN) | $365.00K | -227.12% | 840.27x | $199.11 Million |
| Michlol Finance Ltd (MCLL) | $166.86 Million | 3.56% | 3.29x | $193.91 Million |
| Michman Basad Ltd (MCMN) | $138.24 Million | 31.70% | 4.01x | $159.67 Million |
| MLRN Projects and Trade Ltd (MLRN) | $258.61 Million | 11.07% | 2.06x | $109.10 Million |
| Menif Financial Services Ltd (MNIF) | $562.93 Million | 26.98% | 4.72x | $458.20 Million |
| Nawi Brothers Group Ltd (NAWI) | $149.91 Million | 34.80% | 3.34x | $446.49 Million |
| Peninsula Group Ltd (PEN) | $202.38 Million | 15.75% | 3.70x | $205.80 Million |
About Direct Finance TA
Direct Finance of Direct Group (2006) Ltd provides consumer credit for vehicles, loans against vehicle liens, loans for various business. The company was incorporated in 2006 and is based in Petah Tikva, Israel.