Elco Ltd (ELCO) - Net Assets
Based on the latest financial reports, Elco Ltd (ELCO) has net assets worth ILA5.27 Billion ILA (≈ $14.13 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 (ILA27.17 Billion ≈ $72.84 Million USD) and total liabilities (ILA21.90 Billion ≈ $58.71 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 asset resilience ratio of Elco Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA5.27 Billion |
| % of Total Assets | 19.39% |
| Annual Growth Rate | 12.59% |
| 5-Year Change | 69.2% |
| 10-Year Change | 611.3% |
| Growth Volatility | 109.0 |
Elco Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Elco Ltd's net assets have evolved over time, based on quarterly financial data. Also explore ELCO current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Elco Ltd (2000–2024)
The table below shows the annual net assets of Elco Ltd from 2000 to 2024. For live valuation and market cap data, see market cap of Elco Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA5.12 Billion ≈ $13.73 Million |
+2.72% |
| 2023-12-31 | ILA4.99 Billion ≈ $13.37 Million |
-8.49% |
| 2022-12-31 | ILA5.45 Billion ≈ $14.61 Million |
+24.74% |
| 2021-12-31 | ILA4.37 Billion ≈ $11.71 Million |
+44.31% |
| 2020-12-31 | ILA3.03 Billion ≈ $8.11 Million |
+21.37% |
| 2019-12-31 | ILA2.49 Billion ≈ $6.69 Million |
+15.57% |
| 2018-12-31 | ILA2.16 Billion ≈ $5.78 Million |
-0.88% |
| 2017-12-31 | ILA2.18 Billion ≈ $5.84 Million |
+13.28% |
| 2016-12-31 | ILA1.92 Billion ≈ $5.15 Million |
+166.90% |
| 2015-12-31 | ILA719.95 Million ≈ $1.93 Million |
-55.13% |
| 2014-12-31 | ILA1.60 Billion ≈ $4.30 Million |
-15.86% |
| 2013-12-31 | ILA1.91 Billion ≈ $5.11 Million |
-3.85% |
| 2012-12-31 | ILA1.98 Billion ≈ $5.32 Million |
-4.45% |
| 2011-12-31 | ILA2.08 Billion ≈ $5.57 Million |
+6.54% |
| 2010-12-31 | ILA1.95 Billion ≈ $5.22 Million |
+6.13% |
| 2009-12-31 | ILA1.84 Billion ≈ $4.92 Million |
-5.62% |
| 2008-12-31 | ILA1.95 Billion ≈ $5.22 Million |
-18.20% |
| 2007-12-31 | ILA2.38 Billion ≈ $6.38 Million |
-0.96% |
| 2006-12-31 | ILA2.40 Billion ≈ $6.44 Million |
+1.94% |
| 2005-12-31 | ILA2.36 Billion ≈ $6.31 Million |
+521.67% |
| 2004-12-31 | ILA378.88 Million ≈ $1.02 Million |
+0.72% |
| 2003-12-31 | ILA376.17 Million ≈ $1.01 Million |
+20.89% |
| 2002-12-31 | ILA311.16 Million ≈ $834.22K |
+9.26% |
| 2001-12-31 | ILA284.80 Million ≈ $763.55K |
-4.30% |
| 2000-12-31 | ILA297.60 Million ≈ $797.84K |
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Equity Component Analysis
This analysis shows how different components contribute to Elco 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 grown by 1365.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA2.60 Billion | 123.22% |
| Common Stock | ILA114.00 Million | 5.41% |
| Other Comprehensive Income | ILA-362.00 Million | -17.19% |
| Total Equity | ILA2.11 Billion | 100.00% |
Elco Ltd Competitors by Market Cap
The table below lists competitors of Elco Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CTCI Corp
TW:9933
|
$1.04 Billion |
|
Suzhou Wanxiang Technology Co. Ltd.
SHE:301180
|
$1.04 Billion |
|
Shelly Group SE
XETRA:SLYG
|
$1.04 Billion |
|
Magellan Aerospace Corporation
TO:MAL
|
$1.04 Billion |
|
Zhejiang Garden Bio-chemical High-tech Co Ltd
SHE:300401
|
$1.04 Billion |
|
MYT Netherlands Parent BV
NYSE:MYTE
|
$1.04 Billion |
|
JC Finance & Tax Interconnect Holdings Ltd
SHE:002530
|
$1.04 Billion |
|
GuangDong Leary New Material Technology Co. Ltd. A
SHG:688683
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elco Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,248,000,000 to 2,106,000,000, a change of -142,000,000 (-6.3%).
- Net loss of 118,000,000 reduced equity.
- Dividend payments of 50,000,000 reduced retained earnings.
- Share repurchases of 52,000,000 reduced equity.
- New share issuances of 470,000,000 increased equity.
- Other comprehensive income decreased equity by 262,438,796.
- Other factors decreased equity by 129,561,204.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-118.00 Million | -5.6% |
| Dividends Paid | ILA50.00 Million | -2.37% |
| Share Repurchases | ILA52.00 Million | -2.47% |
| Share Issuances | ILA470.00 Million | +22.32% |
| Other Comprehensive Income | ILA-262.44 Million | -12.46% |
| Other Changes | ILA-129.56 Million | -6.15% |
| Total Change | ILA- | -6.32% |
Book Value vs Market Value Analysis
This analysis compares Elco 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: 183.84x
- 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 255.15x to 183.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ILA56.36 | ILA14380.00 | x |
| 2006-12-31 | ILA50.97 | ILA14380.00 | x |
| 2007-12-31 | ILA55.01 | ILA14380.00 | x |
| 2008-12-31 | ILA48.47 | ILA14380.00 | x |
| 2009-12-31 | ILA40.96 | ILA14380.00 | x |
| 2010-12-31 | ILA38.45 | ILA14380.00 | x |
| 2011-12-31 | ILA41.50 | ILA14380.00 | x |
| 2012-12-31 | ILA39.10 | ILA14380.00 | x |
| 2013-12-31 | ILA32.85 | ILA14380.00 | x |
| 2014-12-31 | ILA28.34 | ILA14380.00 | x |
| 2015-12-31 | ILA25.31 | ILA14380.00 | x |
| 2016-12-31 | ILA38.21 | ILA14380.00 | x |
| 2017-12-31 | ILA42.84 | ILA14380.00 | x |
| 2018-12-31 | ILA42.57 | ILA14380.00 | x |
| 2019-12-31 | ILA48.88 | ILA14380.00 | x |
| 2020-12-31 | ILA58.03 | ILA14380.00 | x |
| 2021-12-31 | ILA74.89 | ILA14380.00 | x |
| 2022-12-31 | ILA94.16 | ILA14380.00 | x |
| 2023-12-31 | ILA82.63 | ILA14380.00 | x |
| 2024-12-31 | ILA78.22 | ILA14380.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elco 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): -5.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.57%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 12.37x
- Recent ROE (-5.60%) is below the historical average (5.96%), 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 | 10.30% | 1.70% | 1.21x | 5.02x | ILA541.70K |
| 2001 | 4.56% | 0.80% | 1.09x | 5.25x | ILA-9.59 Million |
| 2002 | 13.84% | 1.45% | 1.03x | 9.23x | ILA7.57 Million |
| 2003 | 6.21% | 0.70% | 1.02x | 8.71x | ILA-9.37 Million |
| 2005 | 25.85% | 6.61% | 0.70x | 5.56x | ILA244.74 Million |
| 2006 | 4.54% | 1.22% | 0.54x | 6.84x | ILA-79.63 Million |
| 2007 | 6.20% | 1.32% | 0.40x | 11.77x | ILA-57.09 Million |
| 2008 | 1.50% | 0.26% | 0.44x | 12.82x | ILA-109.34 Million |
| 2009 | -19.58% | -3.03% | 0.49x | 13.23x | ILA-320.64 Million |
| 2010 | -4.36% | -0.65% | 0.54x | 12.37x | ILA-147.20 Million |
| 2011 | 2.73% | 0.57% | 0.50x | 9.56x | ILA-79.90 Million |
| 2012 | -2.91% | -0.46% | 0.65x | 9.88x | ILA-133.56 Million |
| 2013 | -14.06% | -1.84% | 0.71x | 10.72x | ILA-211.54 Million |
| 2014 | -11.30% | -1.30% | 0.79x | 11.10x | ILA-166.06 Million |
| 2015 | 5.62% | 0.54% | 1.08x | 9.63x | ILA-31.55 Million |
| 2016 | 36.96% | 4.82% | 1.10x | 6.96x | ILA285.96 Million |
| 2017 | 9.85% | 1.29% | 0.97x | 7.92x | ILA-1.77 Million |
| 2018 | 5.50% | 0.72% | 0.96x | 7.97x | ILA-52.95 Million |
| 2019 | 19.29% | 2.56% | 0.85x | 8.82x | ILA124.74 Million |
| 2020 | 17.80% | 2.59% | 0.94x | 7.31x | ILA124.46 Million |
| 2021 | 26.42% | 3.68% | 0.78x | 9.24x | ILA338.50 Million |
| 2022 | 16.64% | 2.30% | 0.82x | 8.85x | ILA171.44 Million |
| 2023 | -12.86% | -1.55% | 0.78x | 10.67x | ILA-513.80 Million |
| 2024 | -5.60% | -0.57% | 0.79x | 12.37x | ILA-328.60 Million |
Industry Comparison
This section compares Elco Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $85,702,167
- Average return on equity (ROE) among peers: 31.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elco Ltd (ELCO) | ILA5.27 Billion | 10.30% | 4.16x | $1.04 Billion |
| Amanet Management & Systems Ltd (AMAN) | $119.39 Million | 9.67% | 0.83x | $31.01 Million |
| Aran Research and Development 1982 Ltd (ARAN) | $53.93 Million | 29.61% | 0.76x | $48.39 Million |
| Cohen Dev (CDEV) | $10.51 Million | 79.03% | 3.23x | $355.50 Million |
| B. Gaon Holdings Ltd (GAON) | $184.16 Million | 0.00% | 4.13x | $34.38 Million |
| Intergama (INTR) | $25.98 Million | 69.40% | 1.19x | $38.08 Million |
| Vision Sigma (VISN) | $120.24 Million | 0.57% | 1.83x | $18.76 Million |
About Elco Ltd
Elco Ltd. operates in the construction, infrastructure, consumer electronics, telecommunications, entertainment, and real estate sectors in Israel and internationally. It operates through Electra; Electra Consumer Products; Electra Real Estate; Electra Power; and Others segments. The company develops, constructs, operates, manages, and maintains various projects; installs and provides services fo… Read more