Elron Electronic Industries Ltd (ELRN) - Net Assets
Based on the latest financial reports, Elron Electronic Industries Ltd (ELRN) has net assets worth ILA115.54 Million ILA (≈ $309.77K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA128.69 Million ≈ $345.02K USD) and total liabilities (ILA13.15 Million ≈ $35.25K 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 Elron Electronic Industries Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA115.54 Million |
| % of Total Assets | 89.78% |
| Annual Growth Rate | 1.39% |
| 5-Year Change | 58.88% |
| 10-Year Change | -39.33% |
| Growth Volatility | 27.28 |
Elron Electronic Industries Ltd - Net Assets Trend (1985–2024)
This chart illustrates how Elron Electronic Industries Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Elron Electronic Industries Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Elron Electronic Industries Ltd (1985–2024)
The table below shows the annual net assets of Elron Electronic Industries Ltd from 1985 to 2024. For live valuation and market cap data, see Elron Electronic Industries Ltd (ELRN) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA125.22 Million ≈ $335.72K |
-11.54% |
| 2023-12-31 | ILA141.56 Million ≈ $379.53K |
-6.66% |
| 2022-12-31 | ILA151.66 Million ≈ $406.61K |
+19.95% |
| 2021-12-31 | ILA126.44 Million ≈ $338.97K |
+60.42% |
| 2020-12-31 | ILA78.82 Million ≈ $211.31K |
-23.11% |
| 2019-12-31 | ILA102.51 Million ≈ $274.82K |
-7.57% |
| 2018-12-31 | ILA110.90 Million ≈ $297.32K |
-12.20% |
| 2017-12-31 | ILA126.31 Million ≈ $338.62K |
-21.84% |
| 2016-12-31 | ILA161.59 Million ≈ $433.22K |
-21.71% |
| 2015-12-31 | ILA206.40 Million ≈ $553.36K |
+7.07% |
| 2014-12-31 | ILA192.78 Million ≈ $516.83K |
-3.52% |
| 2013-12-31 | ILA199.81 Million ≈ $535.70K |
+8.06% |
| 2012-12-31 | ILA184.92 Million ≈ $495.76K |
-4.72% |
| 2011-12-31 | ILA194.08 Million ≈ $520.33K |
-11.58% |
| 2010-12-31 | ILA219.49 Million ≈ $588.45K |
+79.78% |
| 2009-12-31 | ILA122.09 Million ≈ $327.33K |
-16.40% |
| 2008-12-31 | ILA146.05 Million ≈ $391.56K |
-46.39% |
| 2007-12-31 | ILA272.43 Million ≈ $730.38K |
-9.18% |
| 2006-12-31 | ILA299.98 Million ≈ $804.25K |
-6.58% |
| 2005-12-31 | ILA321.12 Million ≈ $860.92K |
-22.09% |
| 2004-12-31 | ILA412.18 Million ≈ $1.11 Million |
+30.10% |
| 2003-12-31 | ILA316.81 Million ≈ $849.36K |
+20.63% |
| 2002-12-31 | ILA262.63 Million ≈ $704.09K |
+9.54% |
| 2001-12-31 | ILA239.75 Million ≈ $642.77K |
-14.83% |
| 2000-12-31 | ILA281.50 Million ≈ $754.70K |
-37.90% |
| 1999-12-31 | ILA453.31 Million ≈ $1.22 Million |
+81.25% |
| 1998-12-31 | ILA250.10 Million ≈ $670.51K |
+14.51% |
| 1997-12-31 | ILA218.40 Million ≈ $585.52K |
+8.49% |
| 1996-12-31 | ILA201.30 Million ≈ $539.68K |
+2.23% |
| 1995-12-31 | ILA196.90 Million ≈ $527.88K |
+3.31% |
| 1994-12-31 | ILA190.60 Million ≈ $510.99K |
+17.44% |
| 1993-12-31 | ILA162.30 Million ≈ $435.12K |
+6.50% |
| 1992-12-31 | ILA152.40 Million ≈ $408.58K |
+31.15% |
| 1991-12-31 | ILA116.20 Million ≈ $311.53K |
+21.04% |
| 1990-12-31 | ILA96.00 Million ≈ $257.37K |
+29.38% |
| 1989-12-31 | ILA74.20 Million ≈ $198.93K |
+36.65% |
| 1988-12-31 | ILA54.30 Million ≈ $145.58K |
-4.57% |
| 1987-12-31 | ILA56.90 Million ≈ $152.55K |
-7.33% |
| 1986-12-31 | ILA61.40 Million ≈ $164.61K |
-16.01% |
| 1985-12-31 | ILA73.10 Million ≈ $195.98K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Elron Electronic Industries 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 14428600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA9.59 Million | 8.67% |
| Other Comprehensive Income | ILA6.38 Million | 5.76% |
| Other Components | ILA245.28 Million | 221.65% |
| Total Equity | ILA110.66 Million | 100.00% |
Elron Electronic Industries Ltd Competitors by Market Cap
The table below lists competitors of Elron Electronic Industries Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hipages Group Holdings Ltd
AU:HPG
|
$75.07 Million |
|
Westwater Resources Inc
NYSE MKT:WWR
|
$75.08 Million |
|
Transat AT Inc
TO:TRZ
|
$75.11 Million |
|
American Tungsten & Antimony Ltd
AU:AT4
|
$75.12 Million |
|
Fortress Biotech Inc
NASDAQ:FBIO
|
$75.03 Million |
|
Tuniu Corporation
F:0TUA
|
$75.01 Million |
|
Suominen Oyj
HE:SUY1V
|
$74.97 Million |
|
Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS
IS:BRLSM
|
$74.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elron Electronic Industries Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 129,008,000 to 110,661,000, a change of -18,347,000 (-14.2%).
- Net income of 22,577,000 contributed positively to equity growth.
- Dividend payments of 41,482,000 reduced retained earnings.
- Other comprehensive income decreased equity by 18,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA22.58 Million | +20.4% |
| Dividends Paid | ILA41.48 Million | -37.49% |
| Other Comprehensive Income | ILA-18.00K | -0.02% |
| Other Changes | ILA576.00K | +0.52% |
| Total Change | ILA- | -14.22% |
Book Value vs Market Value Analysis
This analysis compares Elron Electronic Industries 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: 253.72x
- 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 77.26x to 253.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | ILA6.79 | ILA524.40 | x |
| 1986-12-31 | ILA5.73 | ILA524.40 | x |
| 1987-12-31 | ILA5.21 | ILA524.40 | x |
| 1988-12-31 | ILA5.05 | ILA524.40 | x |
| 1989-12-31 | ILA6.03 | ILA524.40 | x |
| 1990-12-31 | ILA6.31 | ILA524.40 | x |
| 1991-12-31 | ILA7.21 | ILA524.40 | x |
| 1992-12-31 | ILA8.95 | ILA524.40 | x |
| 1993-12-31 | ILA9.34 | ILA524.40 | x |
| 1994-12-31 | ILA10.59 | ILA524.40 | x |
| 1995-12-31 | ILA9.75 | ILA524.40 | x |
| 1996-12-31 | ILA9.98 | ILA524.40 | x |
| 1997-12-31 | ILA10.63 | ILA524.40 | x |
| 1998-12-31 | ILA11.23 | ILA524.40 | x |
| 1999-12-31 | ILA20.81 | ILA524.40 | x |
| 2000-12-31 | ILA13.06 | ILA524.40 | x |
| 2001-12-31 | ILA11.26 | ILA524.40 | x |
| 2002-12-31 | ILA9.88 | ILA524.40 | x |
| 2003-12-31 | ILA10.14 | ILA524.40 | x |
| 2004-12-31 | ILA13.24 | ILA524.40 | x |
| 2005-12-31 | ILA10.22 | ILA524.40 | x |
| 2006-12-31 | ILA10.04 | ILA524.40 | x |
| 2007-12-31 | ILA8.97 | ILA524.40 | x |
| 2008-12-31 | ILA4.71 | ILA524.40 | x |
| 2009-12-31 | ILA4.27 | ILA524.40 | x |
| 2010-12-31 | ILA6.60 | ILA524.40 | x |
| 2011-12-31 | ILA5.85 | ILA524.40 | x |
| 2012-12-31 | ILA5.46 | ILA524.40 | x |
| 2013-12-31 | ILA6.08 | ILA524.40 | x |
| 2014-12-31 | ILA5.24 | ILA524.40 | x |
| 2015-12-31 | ILA5.32 | ILA524.40 | x |
| 2016-12-31 | ILA3.95 | ILA524.40 | x |
| 2017-12-31 | ILA3.12 | ILA524.40 | x |
| 2018-12-31 | ILA2.60 | ILA524.40 | x |
| 2019-12-31 | ILA2.08 | ILA524.40 | x |
| 2020-12-31 | ILA1.42 | ILA524.40 | x |
| 2021-12-31 | ILA2.04 | ILA524.40 | x |
| 2022-12-31 | ILA2.58 | ILA524.40 | x |
| 2023-12-31 | ILA2.48 | ILA524.40 | x |
| 2024-12-31 | ILA2.07 | ILA524.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elron Electronic Industries 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): 20.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 51.49%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.33x
- Recent ROE (20.40%) is above the historical average (0.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | -15.32% | -6.68% | 0.83x | 2.77x | ILA-18.51 Million |
| 1986 | -19.38% | -6.80% | 0.93x | 3.06x | ILA-18.04 Million |
| 1987 | -8.26% | -3.75% | 0.68x | 3.23x | ILA-10.39 Million |
| 1988 | -15.84% | -5.41% | 0.79x | 3.71x | ILA-14.03 Million |
| 1989 | 14.42% | 5.93% | 0.76x | 3.21x | ILA3.28 Million |
| 1990 | 7.29% | 1.93% | 0.88x | 4.32x | ILA-2.60 Million |
| 1991 | 17.47% | 74.91% | 0.23x | 1.01x | ILA8.68 Million |
| 1992 | 9.38% | 75.66% | 0.12x | 1.01x | ILA-940.00K |
| 1993 | 6.53% | 76.26% | 0.09x | 1.01x | ILA-5.63 Million |
| 1994 | 3.31% | 67.74% | 0.05x | 1.01x | ILA-12.76 Million |
| 1995 | 5.23% | 121.18% | 0.04x | 1.01x | ILA-9.39 Million |
| 1996 | 5.61% | 75.84% | 0.07x | 1.01x | ILA-8.83 Million |
| 1997 | 12.23% | 785.29% | 0.02x | 1.02x | ILA4.86 Million |
| 1998 | 9.80% | 152.73% | 0.05x | 1.22x | ILA-510.00K |
| 1999 | 9.56% | 108.75% | 0.08x | 1.17x | ILA-1.98 Million |
| 2000 | 10.18% | 72.82% | 0.11x | 1.32x | ILA511.70K |
| 2001 | -21.93% | -220.16% | 0.07x | 1.37x | ILA-76.23 Million |
| 2002 | -16.03% | -273.92% | 0.04x | 1.52x | ILA-67.52 Million |
| 2003 | -2.43% | -43.54% | 0.04x | 1.52x | ILA-36.82 Million |
| 2004 | 21.62% | 746.85% | 0.02x | 1.29x | ILA45.23 Million |
| 2005 | 15.67% | 374.31% | 0.04x | 1.17x | ILA17.12 Million |
| 2006 | 1.02% | 23.57% | 0.04x | 1.10x | ILA-26.72 Million |
| 2007 | -13.96% | -848.66% | 0.01x | 1.12x | ILA-63.68 Million |
| 2008 | -51.49% | -1023.28% | 0.03x | 1.57x | ILA-85.78 Million |
| 2009 | -11.31% | -34.30% | 0.20x | 1.68x | ILA-26.95 Million |
| 2010 | 33.86% | 690.39% | 0.04x | 1.28x | ILA46.74 Million |
| 2011 | -4.85% | -59.68% | 0.07x | 1.20x | ILA-25.78 Million |
| 2012 | 2.69% | 0.00% | 0.00x | 1.22x | ILA-11.85 Million |
| 2013 | 9.92% | 18489.69% | 0.00x | 1.18x | ILA-143.30K |
| 2014 | 54.85% | 22859.36% | 0.00x | 1.27x | ILA69.91 Million |
| 2015 | 1.55% | 275.70% | 0.00x | 1.36x | ILA-13.37 Million |
| 2016 | -22.83% | 0.00% | 0.00x | 1.45x | ILA-38.56 Million |
| 2017 | -27.50% | 0.00% | 0.00x | 1.48x | ILA-34.75 Million |
| 2018 | -20.38% | 0.00% | 0.00x | 1.55x | ILA-23.54 Million |
| 2019 | -28.97% | -704.09% | 0.03x | 1.47x | ILA-30.10 Million |
| 2020 | -29.00% | -410.83% | 0.05x | 1.39x | ILA-23.83 Million |
| 2021 | 5.47% | 14.50% | 0.26x | 1.44x | ILA-4.54 Million |
| 2022 | 51.01% | 77.67% | 0.53x | 1.24x | ILA55.89 Million |
| 2023 | -6.34% | -50.82% | 0.10x | 1.24x | ILA-21.07 Million |
| 2024 | 20.40% | 51.49% | 0.30x | 1.33x | ILA11.51 Million |
Industry Comparison
This section compares Elron Electronic Industries Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $341,525,222
- Average return on equity (ROE) among peers: 7.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elron Electronic Industries Ltd (ELRN) | ILA115.54 Million | -15.32% | 0.11x | $75.05 Million |
| Altshuler Shaham Financial LTD (ALTF) | $283.48 Million | 48.77% | 1.55x | $381.01 Million |
| Aluma Infrastructure Fund 2020 Ltd (ALUMA) | $468.08 Million | 5.73% | 0.37x | $78.29 Million |
| Analyst IMS Investment Management Services Ltd (ANLT) | $143.58 Million | 9.07% | 0.27x | $481.58 Million |
| Capital Point (CPTP) | $50.49 Million | 0.00% | 0.77x | $17.37 Million |
| Eldav-L (ELDAV) | $844.00K | 0.00% | 12.95x | $30.70 Million |
| Emilia Devel (EMDV) | $921.74 Million | 2.84% | 1.62x | $184.77 Million |
| Gibui Holdings Ltd (GIBUI) | $41.78 Million | -22.73% | 0.68x | $2.25 Million |
| Generation Capital Ltd (GNRS) | $933.50 Million | 7.21% | 0.02x | $967.14 Million |
| IBI Inv House (IBI) | $230.22 Million | 17.24% | 0.74x | $1.53 Billion |
About Elron Electronic Industries Ltd
Elron Ventures Ltd is a venture capital firm specializing in early stage and seed investment. The firm prefers to invest in B2B software, cybersecurity, SaaS,deep tech, AI, defense technologies, enterprise software and healthcare industries. The firm prefers to invest in Israel region. Elron Ventures Ltd was founded in 1962 and is based in Tel Aviv, Israel with additional office in New York, New … Read more