Electra Real Estate Ltd (ELCRE) - Net Assets
Based on the latest financial reports, Electra Real Estate Ltd (ELCRE) has net assets worth ILA-1.07 Billion ILA (≈ $-2.87 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 (ILA882.47 Million ≈ $2.37 Million USD) and total liabilities (ILA1.95 Billion ≈ $5.23 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 how resilient are Electra Real Estate Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA-1.07 Billion |
| % of Total Assets | -121.25% |
| Annual Growth Rate | -1.51% |
| 5-Year Change | -36.67% |
| 10-Year Change | -25.49% |
| Growth Volatility | 60.24 |
Electra Real Estate Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Electra Real Estate Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Electra Real Estate Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Electra Real Estate Ltd (2004–2024)
The table below shows the annual net assets of Electra Real Estate Ltd from 2004 to 2024. For live valuation and market cap data, see Electra Real Estate Ltd (ELCRE) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA266.59 Million ≈ $714.71K |
-18.43% |
| 2023-12-31 | ILA326.82 Million ≈ $876.20K |
-19.00% |
| 2022-12-31 | ILA403.50 Million ≈ $1.08 Million |
-48.32% |
| 2021-12-31 | ILA780.77 Million ≈ $2.09 Million |
+85.48% |
| 2020-12-31 | ILA420.96 Million ≈ $1.13 Million |
+5.00% |
| 2019-12-31 | ILA400.90 Million ≈ $1.07 Million |
-9.92% |
| 2018-12-31 | ILA445.06 Million ≈ $1.19 Million |
+12.12% |
| 2017-12-31 | ILA396.96 Million ≈ $1.06 Million |
-15.36% |
| 2016-12-31 | ILA468.98 Million ≈ $1.26 Million |
+31.08% |
| 2015-12-31 | ILA357.78 Million ≈ $959.20K |
-19.83% |
| 2014-12-31 | ILA446.29 Million ≈ $1.20 Million |
-14.10% |
| 2013-12-31 | ILA519.52 Million ≈ $1.39 Million |
-23.43% |
| 2012-12-31 | ILA678.48 Million ≈ $1.82 Million |
+197.73% |
| 2011-12-31 | ILA227.89 Million ≈ $610.95K |
-75.57% |
| 2010-12-31 | ILA932.70 Million ≈ $2.50 Million |
-10.87% |
| 2009-12-31 | ILA1.05 Billion ≈ $2.81 Million |
-12.69% |
| 2008-12-31 | ILA1.20 Billion ≈ $3.21 Million |
-25.31% |
| 2007-12-31 | ILA1.60 Billion ≈ $4.30 Million |
+31.97% |
| 2006-12-31 | ILA1.22 Billion ≈ $3.26 Million |
+110.50% |
| 2005-12-31 | ILA577.58 Million ≈ $1.55 Million |
+59.80% |
| 2004-12-31 | ILA361.44 Million ≈ $969.00K |
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Equity Component Analysis
This analysis shows how different components contribute to Electra 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 grown by 410.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA155.66 Million | 59.82% |
| Common Stock | ILA58.00K | 0.02% |
| Other Comprehensive Income | ILA-378.20 Million | -145.33% |
| Other Components | ILA482.72 Million | 185.50% |
| Total Equity | ILA260.23 Million | 100.00% |
Electra Real Estate Ltd Competitors by Market Cap
The table below lists competitors of Electra Real Estate Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Time Technoplast Limited
NSE:TIMETECHNO
|
$998.72 Million |
|
Xinke Material
SHG:600255
|
$999.04 Million |
|
Hengtong Logistic Co Ltd
SHG:603223
|
$999.10 Million |
|
Nesco Limited
NSE:NESCO
|
$999.21 Million |
|
Aedas Homes SL
MC:AEDAS
|
$997.80 Million |
|
Xiamen East Asia Machinery Industrial Co. Ltd.
SHE:301028
|
$997.52 Million |
|
DATATEC LTD (UNSP.ADR)/2
F:DTT0
|
$997.41 Million |
|
Metals X Ltd
AU:MLX
|
$997.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Electra Real Estate Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 320,792,000 to 260,231,000, a change of -60,561,000 (-18.9%).
- Net loss of 91,261,000 reduced equity.
- Dividend payments of 5,336,000 reduced retained earnings.
- New share issuances of 32,258,000 increased equity.
- Other comprehensive income decreased equity by 22,922,267.
- Other factors increased equity by 26,700,267.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-91.26 Million | -35.07% |
| Dividends Paid | ILA5.34 Million | -2.05% |
| Share Issuances | ILA32.26 Million | +12.4% |
| Other Comprehensive Income | ILA-22.92 Million | -8.81% |
| Other Changes | ILA26.70 Million | +10.26% |
| Total Change | ILA- | -18.88% |
Book Value vs Market Value Analysis
This analysis compares Electra 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: 1333.84x
- 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 increased from 266.74x to 1333.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ILA21.66 | ILA5777.00 | x |
| 2005-12-31 | ILA23.99 | ILA5777.00 | x |
| 2006-12-31 | ILA44.33 | ILA5777.00 | x |
| 2007-12-31 | ILA53.68 | ILA5777.00 | x |
| 2008-12-31 | ILA40.17 | ILA5777.00 | x |
| 2009-12-31 | ILA34.85 | ILA5777.00 | x |
| 2010-12-31 | ILA30.92 | ILA5777.00 | x |
| 2012-12-31 | ILA22.56 | ILA5777.00 | x |
| 2013-12-31 | ILA16.75 | ILA5777.00 | x |
| 2014-12-31 | ILA10.96 | ILA5777.00 | x |
| 2015-12-31 | ILA8.80 | ILA5777.00 | x |
| 2016-12-31 | ILA9.50 | ILA5777.00 | x |
| 2017-12-31 | ILA6.63 | ILA5777.00 | x |
| 2018-12-31 | ILA7.45 | ILA5777.00 | x |
| 2019-12-31 | ILA6.41 | ILA5777.00 | x |
| 2020-12-31 | ILA7.10 | ILA5777.00 | x |
| 2021-12-31 | ILA13.41 | ILA5777.00 | x |
| 2022-12-31 | ILA6.96 | ILA5777.00 | x |
| 2023-12-31 | ILA5.66 | ILA5777.00 | x |
| 2024-12-31 | ILA4.33 | ILA5777.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Electra 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): -35.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.06x
- • Equity Multiplier: 3.05x
- Recent ROE (-35.07%) is below the historical average (2.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 10.38% | 19.40% | 0.10x | 5.53x | ILA1.34 Million |
| 2005 | 20.81% | 41.40% | 0.11x | 4.51x | ILA61.83 Million |
| 2006 | 24.04% | 93.68% | 0.06x | 4.44x | ILA165.64 Million |
| 2007 | 17.38% | 38.43% | 0.06x | 7.31x | ILA116.47 Million |
| 2008 | -6.16% | -9.32% | 0.08x | 8.15x | ILA-190.34 Million |
| 2009 | -16.27% | -23.06% | 0.09x | 8.26x | ILA-268.46 Million |
| 2010 | -2.39% | -3.51% | 0.09x | 7.46x | ILA-112.30 Million |
| 2012 | -22.84% | -73.10% | 0.06x | 5.43x | ILA-214.70 Million |
| 2013 | -18.99% | -30.02% | 0.12x | 5.45x | ILA-145.54 Million |
| 2014 | -32.77% | -76.71% | 0.09x | 5.01x | ILA-189.41 Million |
| 2015 | -10.09% | -35.78% | 0.08x | 3.65x | ILA-71.46 Million |
| 2016 | 0.73% | 3.57% | 0.07x | 2.85x | ILA-40.84 Million |
| 2017 | -16.04% | -94.19% | 0.06x | 2.89x | ILA-97.43 Million |
| 2018 | 3.79% | 17.14% | 0.08x | 2.66x | ILA-26.18 Million |
| 2019 | 25.63% | 97.23% | 0.10x | 2.66x | ILA57.18 Million |
| 2020 | 24.12% | 83.74% | 0.12x | 2.45x | ILA57.24 Million |
| 2021 | 53.72% | 78.78% | 0.34x | 2.03x | ILA336.20 Million |
| 2022 | 45.29% | 78.56% | 0.29x | 1.97x | ILA140.75 Million |
| 2023 | -19.85% | 0.00% | -0.09x | 2.45x | ILA-95.77 Million |
| 2024 | -35.07% | 0.00% | -0.06x | 3.05x | ILA-117.28 Million |
Industry Comparison
This section compares Electra Real Estate Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $4,436,354,900
- Average return on equity (ROE) among peers: 6.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Electra Real Estate Ltd (ELCRE) | ILA-1.07 Billion | 10.38% | N/A | $998.29 Million |
| Adgar Investments and Development Ltd (ADGR) | $361.56 Million | 2.49% | 3.61x | $232.29 Million |
| Afi Properties Ltd (AFPR) | $4.04 Billion | 9.57% | 1.76x | $2.90 Billion |
| Alony Hetz Properties and Investments Ltd (ALHE) | $6.61 Billion | 9.27% | 1.60x | $2.34 Billion |
| Amot Investments Ltd (AMOT) | $2.35 Billion | 16.09% | 1.67x | $2.89 Billion |
| Argo Properties NV (ARGO) | $342.02 Million | 17.20% | 0.57x | $827.83 Million |
| Ari Real Estate Arena Investment Ltd (ARIN) | $-21.58 Million | 0.00% | 0.00x | $655.32 Million |
| Airport City Ltd (ARPT) | $9.60 Billion | 6.42% | 0.93x | $1.72 Billion |
| Aspen Group Ltd (ASGR) | $207.39 Million | 0.00% | 3.05x | $132.23 Million |
| ES Australia Israel Holdings Ltd (AUIS) | $100.91 Million | -6.57% | 0.21x | $13.47 Million |
| Azrieli Group Ltd (AZRG) | $20.77 Billion | 13.91% | 1.04x | $16.68 Billion |
About Electra Real Estate Ltd
Electra Real Estate Ltd., together with its subsidiaries, engages in the establishment, operation, and management of private equity funds for the investment in income-yielding commercial properties in Israel and the United States. The company owns and operates multifamily communities comprised of approximately 35,000 units in Georgia, Florida, North Carolina, South Carolina, Tennessee, Virgina, A… Read more