FMS Enterprises Migun Ltd

TA:FBRT Israel Aerospace & Defense
Market Cap
$668.54 Million
ILA249.37 Billion ILA
Market Cap Rank
#30595 Global
#109 in Israel
Share Price
ILA27120.00
Change (1 day)
-1.02%
52-Week Range
ILA14000.00 - ILA29700.00
All Time High
ILA29700.00
Categories
Companies in Israel Aerospace & Defense
About

FMS Enterprises Migun Ltd manufactures and sells ballistic protection raw materials and products worldwide. It offers uni-directional (UD) polyethylene and aramid fabrics; personal, vehicle panel protection; and vehicle protection, such as civilian, military, composite armor kits, and boat armor. The company provides soft armor; hard armor, including ceramic body armour plates against armour pier… Read more

FMS Enterprises Migun Ltd (FBRT) - Net Assets

Latest net assets as of September 2025: ILA553.74 Million ILA

Based on the latest financial reports, FMS Enterprises Migun Ltd (FBRT) has net assets worth ILA553.74 Million ILA as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA588.64 Million) and total liabilities (ILA34.90 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 ILA553.74 Million
% of Total Assets 94.07%
Annual Growth Rate -2.69%
5-Year Change 56.57%
10-Year Change 265.7%
Growth Volatility 27.25

FMS Enterprises Migun Ltd - Net Assets Trend (2006–2024)

This chart illustrates how FMS Enterprises Migun Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for FMS Enterprises Migun Ltd (2006–2024)

The table below shows the annual net assets of FMS Enterprises Migun Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 ILA162.00 Million +9.07%
2023-12-31 ILA148.53 Million +18.24%
2022-12-31 ILA125.61 Million +9.03%
2021-12-31 ILA115.21 Million +11.35%
2020-12-31 ILA103.47 Million +19.23%
2019-12-31 ILA86.78 Million +24.01%
2018-12-31 ILA69.98 Million +8.21%
2017-12-31 ILA64.67 Million +19.87%
2016-12-31 ILA53.95 Million +21.78%
2015-12-31 ILA44.30 Million +26.01%
2014-12-31 ILA35.16 Million +20.91%
2013-12-31 ILA29.08 Million -34.56%
2012-12-31 ILA44.43 Million -42.09%
2011-12-31 ILA76.72 Million -0.75%
2010-12-31 ILA77.30 Million -15.93%
2009-12-31 ILA91.95 Million +32.40%
2008-12-31 ILA69.45 Million -75.00%
2007-12-31 ILA277.76 Million +4.98%
2006-12-31 ILA264.57 Million --

Equity Component Analysis

This analysis shows how different components contribute to FMS Enterprises Migun 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 26.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ILA150.22 Million 92.73%
Common Stock ILA2.99 Million 1.84%
Other Components ILA8.79 Million 5.43%
Total Equity ILA162.00 Million 100.00%

FMS Enterprises Migun Ltd Competitors by Market Cap

The table below lists competitors of FMS Enterprises Migun Ltd ranked by their market capitalization.

Company Market Cap
Ashley Services Group Ltd
AU:ASH
 		$6.04 Million
ZAUIF
PINK:ZAUIF
 		$6.04 Million
Tenet Fintech Group Inc
PINK:PKKFF
 		$6.05 Million
Maggie Beer Holdings Ltd
AU:MBH
 		$6.05 Million
The Peria Karamalai Tea & Produce Company Limited
NSE:PKTEA
 		$6.04 Million
Simris Alg AB (publ)
ST:SIMRIS-B
 		$6.04 Million
TC Traders Club Ltda
SA:TRAD3
 		$6.03 Million
The Grounds Real Estate Development AG
XETRA:AMM
 		$6.03 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in FMS Enterprises Migun Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 148,527,000 to 162,003,000, a change of 13,476,000 (9.1%).
  • Net income of 43,382,000 contributed positively to equity growth.
  • Dividend payments of 28,060,000 reduced retained earnings.
  • Other factors decreased equity by 1,846,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA43.38 Million +26.78%
Dividends Paid ILA28.06 Million -17.32%
Other Changes ILA-1.85 Million -1.14%
Total Change ILA- 9.07%

Book Value vs Market Value Analysis

This analysis compares FMS Enterprises Migun 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: 1539.27x
  • 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 8576.43x to 1539.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 ILA3.16 ILA27120.00 x
2014-12-31 ILA3.82 ILA27120.00 x
2015-12-31 ILA4.82 ILA27120.00 x
2016-12-31 ILA5.87 ILA27120.00 x
2017-12-31 ILA7.03 ILA27120.00 x
2018-12-31 ILA7.61 ILA27120.00 x
2019-12-31 ILA9.44 ILA27120.00 x
2020-12-31 ILA11.25 ILA27120.00 x
2021-12-31 ILA12.53 ILA27120.00 x
2022-12-31 ILA13.66 ILA27120.00 x
2023-12-31 ILA16.15 ILA27120.00 x
2024-12-31 ILA17.62 ILA27120.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently FMS Enterprises Migun 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): 26.78%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 33.87%
  • • Asset Turnover: 0.71x
  • • Equity Multiplier: 1.12x
  • Recent ROE (26.78%) is below the historical average (27.47%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 9.40% 11.35% 0.76x 1.09x ILA-1.59 Million
2007 26.69% 29.74% 0.74x 1.21x ILA46.36 Million
2008 40.08% 25.74% 1.27x 1.23x ILA20.89 Million
2009 35.47% 34.03% 0.92x 1.13x ILA23.42 Million
2010 23.91% 24.36% 0.72x 1.37x ILA10.75 Million
2011 12.01% 14.64% 0.74x 1.11x ILA1.54 Million
2012 17.16% 12.82% 0.96x 1.40x ILA3.18 Million
2013 38.70% 22.02% 1.35x 1.30x ILA8.35 Million
2014 46.27% 23.78% 1.44x 1.35x ILA12.75 Million
2015 43.45% 26.39% 1.31x 1.25x ILA14.82 Million
2016 37.38% 26.82% 1.11x 1.25x ILA14.77 Million
2017 31.95% 27.15% 1.00x 1.17x ILA14.20 Million
2018 21.79% 22.05% 0.83x 1.19x ILA8.25 Million
2019 30.87% 30.46% 0.84x 1.20x ILA18.11 Million
2020 16.03% 27.37% 0.52x 1.13x ILA6.24 Million
2021 18.82% 27.53% 0.61x 1.12x ILA10.16 Million
2022 19.81% 26.28% 0.66x 1.13x ILA12.33 Million
2023 25.39% 33.25% 0.68x 1.12x ILA22.85 Million
2024 26.78% 33.87% 0.71x 1.12x ILA27.18 Million

Industry Comparison

This section compares FMS Enterprises Migun Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $193,491,333
  • Average return on equity (ROE) among peers: 5.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
FMS Enterprises Migun Ltd (FBRT) ILA553.74 Million 9.40% 0.06x $6.04 Million
Aryt Industries Ltd (ARYT) $65.84 Million 33.90% 0.24x $16.34 Million
Ashot Ashkelon Industries Ltd (ASHO) $242.76 Million -0.52% 1.59x $7.52 Million
Bet Shemesh Engines Holdings 1997 Ltd (BSEN) $57.92 Million 15.48% 0.67x $18.49 Million
Global Knafaim Leasing Ltd (GKL) $99.81 Million 0.00% 2.31x $340.63K
IMCO Industries Ltd (IMCO) $108.93 Million 8.26% 0.41x $1.17 Million
Israel Shipyards Ltd (ISHI) $968.64 Million 6.78% 0.73x $10.66 Million
Imagesat International ISI Ltd (ISI) $167.26 Million 2.79% 0.61x $2.86 Million
RSL Electronics Ltd (RSEL) $12.96 Million -17.49% 0.79x $402.74K
TAT Technologies Ltd (TATT) $17.30 Million -2.31% 0.24x $5.58 Million