Eldav-L
Eldav Investments Ltd. is a private equity firm specializing in buyout, mature, and acquisition of mid to large sized companies. It seeks to invest in industrial, service, finance and commercial companies. The firm invests internationally. It prefers to take majority stake in companies. Eldav Investments Ltd. was founded in 2007 and is based in Tel-Aviv, Israel.
Eldav-L (ELDAV) - Net Assets
Latest net assets as of June 2023: ILA105.87 Million ILA
Based on the latest financial reports, Eldav-L (ELDAV) has net assets worth ILA105.87 Million ILA as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA108.28 Million) and total liabilities (ILA2.41 Million). 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 | ILA105.87 Million |
| % of Total Assets | 97.77% |
| Annual Growth Rate | 27.01% |
| 5-Year Change | 25.15% |
| 10-Year Change | -9.76% |
| Growth Volatility | 4294.15 |
Eldav-L - Net Assets Trend (2004–2022)
This chart illustrates how Eldav-L's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eldav-L (2004–2022)
The table below shows the annual net assets of Eldav-L from 2004 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ILA121.99 Million | -17.16% |
| 2021-12-31 | ILA147.25 Million | +25.49% |
| 2020-12-31 | ILA117.34 Million | +26.75% |
| 2019-12-31 | ILA92.58 Million | -5.02% |
| 2018-12-31 | ILA97.47 Million | -2.01% |
| 2017-12-31 | ILA99.48 Million | -3.91% |
| 2016-12-31 | ILA103.52 Million | -8.49% |
| 2015-12-31 | ILA113.13 Million | -11.13% |
| 2014-12-31 | ILA127.30 Million | -5.83% |
| 2013-12-31 | ILA135.18 Million | -7.67% |
| 2012-12-31 | ILA146.41 Million | -8.69% |
| 2011-12-31 | ILA160.33 Million | -32.90% |
| 2010-12-31 | ILA238.94 Million | +10.89% |
| 2009-12-31 | ILA215.47 Million | +17736.67% |
| 2006-12-31 | ILA1.21 Million | +43.13% |
| 2005-12-31 | ILA844.00K | -48.82% |
| 2004-12-31 | ILA1.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eldav-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 976000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA9.76 Million | 8.00% |
| Other Components | ILA112.23 Million | 92.00% |
| Total Equity | ILA121.99 Million | 100.00% |
Eldav-L Competitors by Market Cap
The table below lists competitors of Eldav-L ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HUDBAY MINERALS (OCKA.SG)
STU:OCKA
|
$167.60K |
|
Ivory Properties Group Bhd
KLSE:5175
|
$167.70K |
|
ORANGE (FTE.SG)
STU:FTE
|
$167.89K |
|
SYBLEU INC.
PINK:SYBE
|
$167.95K |
|
Sparindex INDEX EmMBL Akk KL A
CO:SPVIEMBLAKKKLA
|
$167.42K |
|
Autobacs Seven Co. Ltd
OTCMKTS:ATBSF
|
$167.34K |
|
MSC Income Fund, Inc.
PINK:MSCF
|
$167.07K |
|
Hoegh LNG Partners LP
PINK:HMLPF
|
$167.04K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eldav-L's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 147,252,000 to 121,988,000, a change of -25,264,000 (-17.2%).
- Net loss of 11,308,000 reduced equity.
- Dividend payments of 14,000,000 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-11.31 Million | -9.27% |
| Dividends Paid | ILA14.00 Million | -11.48% |
| Other Changes | ILA44.00K | +0.04% |
| Total Change | ILA- | -17.16% |
Book Value vs Market Value Analysis
This analysis compares Eldav-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: 93.86x
- 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 115.86x to 93.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ILA2.76 | ILA320.00 | x |
| 2018-12-31 | ILA2.70 | ILA320.00 | x |
| 2019-12-31 | ILA2.57 | ILA320.00 | x |
| 2020-12-31 | ILA3.26 | ILA320.00 | x |
| 2021-12-31 | ILA4.12 | ILA320.00 | x |
| 2022-12-31 | ILA3.41 | ILA320.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eldav-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): -9.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -323.18%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.05x
- Recent ROE (-9.27%) is below the historical average (3.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 12.82% | 84.17% | 0.15x | 1.01x | ILA3.81 Million |
| 2014 | -2.00% | -5.08% | 0.22x | 1.80x | ILA-15.28 Million |
| 2015 | -7.04% | -6.92% | 0.52x | 1.97x | ILA-19.26 Million |
| 2016 | 0.97% | 0.72% | 0.66x | 2.05x | ILA-9.31 Million |
| 2017 | -4.53% | -3.20% | 0.69x | 2.06x | ILA-14.37 Million |
| 2018 | 2.56% | 1.70% | 0.79x | 1.92x | ILA-7.21 Million |
| 2019 | -4.27% | -3.23% | 0.61x | 2.15x | ILA-13.13 Million |
| 2020 | 21.25% | 21.99% | 0.50x | 1.92x | ILA13.13 Million |
| 2021 | 27.22% | 1699.53% | 0.01x | 1.14x | ILA25.35 Million |
| 2022 | -9.27% | -323.18% | 0.03x | 1.05x | ILA-23.51 Million |
Industry Comparison
This section compares Eldav-L's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $221,635,444
- Average return on equity (ROE) among peers: 2.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eldav-L (ELDAV) | ILA105.87 Million | 12.82% | 0.02x | $167.48K |
| Altshuler Shaham Financial LTD (ALTF) | $226.06 Million | 40.24% | 1.63x | $3.04 Million |
| Aluma Infrastructure Fund 2020 Ltd (ALUMA) | $292.28 Million | -11.48% | 0.32x | $815.87K |
| Analyst IMS Investment Management Services Ltd (ANLT) | $143.58 Million | 9.07% | 0.27x | $4.61 Million |
| Big Tech 50 R&D-Limited Partnership (BIGT) | $13.16 Million | -43.11% | 0.01x | $51.60K |
| Bio Meat Foodtech - Limited Partnership (BIMT) | $43.73 Million | 47.00% | 0.47x | $145.66K |
| Capital Point (CPTP) | $50.49 Million | 0.00% | 0.77x | $191.24K |
| Elron Electronic Industries Ltd (ELRN) | $194.08 Million | -4.34% | 0.07x | $715.25K |
| Emilia Devel (EMDV) | $1.01 Billion | 6.07% | 1.56x | $2.15 Million |
| Feat Fund Investments Limited Partnership (FEAT) | $25.84 Million | -17.83% | 0.05x | $24.04K |