FMS Enterprises Migun Ltd (FBRT) - Net Assets

Latest as of June 2026: ILA150.10 Million ILA ≈ $402.40K USD

Based on the latest financial reports, FMS Enterprises Migun Ltd (FBRT) has net assets worth ILA150.10 Million ILA (≈ $402.40K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA170.88 Million ≈ $458.11K USD) and total liabilities (ILA20.78 Million ≈ $55.71K 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. See net asset quality index of FMS Enterprises Migun Ltd to measure how much of total assets are equity-financed.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ILA150.10 Million
% of Total Assets	87.84%
Annual Growth Rate	-2.81%
5-Year Change	33.52%
10-Year Change	185.13%
Growth Volatility	26.58

FMS Enterprises Migun Ltd - Net Assets Trend (2006–2025)

This chart illustrates how FMS Enterprises Migun Ltd's net assets have evolved over time, based on quarterly financial data. Also explore FBRT year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Net Assets for FMS Enterprises Migun Ltd (2006–2025)

The table below shows the annual net assets of FMS Enterprises Migun Ltd from 2006 to 2025. For live market cap and overall valuation, see FMS Enterprises Migun Ltd stock valuation.

Year	Net Assets	Change
2025-12-31	ILA153.82 Million ≈ $412.40K	-5.05%
2024-12-31	ILA162.00 Million ≈ $434.32K	+9.07%
2023-12-31	ILA148.53 Million ≈ $398.20K	+18.24%
2022-12-31	ILA125.61 Million ≈ $336.76K	+9.03%
2021-12-31	ILA115.21 Million ≈ $308.87K	+11.35%
2020-12-31	ILA103.47 Million ≈ $277.39K	+19.23%
2019-12-31	ILA86.78 Million ≈ $232.65K	+24.01%
2018-12-31	ILA69.98 Million ≈ $187.60K	+8.21%
2017-12-31	ILA64.67 Million ≈ $173.37K	+19.87%
2016-12-31	ILA53.95 Million ≈ $144.64K	+21.78%
2015-12-31	ILA44.30 Million ≈ $118.77K	+26.01%
2014-12-31	ILA35.16 Million ≈ $94.25K	+20.91%
2013-12-31	ILA29.08 Million ≈ $77.95K	-34.56%
2012-12-31	ILA44.43 Million ≈ $119.12K	-42.09%
2011-12-31	ILA76.72 Million ≈ $205.68K	-0.75%
2010-12-31	ILA77.30 Million ≈ $207.24K	-15.93%
2009-12-31	ILA91.95 Million ≈ $246.50K	+32.40%
2008-12-31	ILA69.45 Million ≈ $186.19K	-75.00%
2007-12-31	ILA277.76 Million ≈ $744.66K	+4.98%
2006-12-31	ILA264.57 Million ≈ $709.32K	--

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 30.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	ILA142.07 Million	92.36%
Common Stock	ILA2.99 Million	1.94%
Other Components	ILA8.76 Million	5.70%
Total Equity	ILA153.82 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
Zilltek Technology Corp TWO:6679	$329.89 Million
Radiant Logistics Inc NYSE MKT:RLGT	$329.99 Million
Tibet Galaxy Science & Technology Development Co Ltd SHE:000752	$330.00 Million
Shanghai Kaichuang Marine International Co Ltd SHG:600097	$330.00 Million
Jiangsu Jingxue Insulation SHE:301010	$329.83 Million
Fossil Group Inc NASDAQ:FOSL	$329.79 Million
BIG TECHNOLOGIES LS-10 F:7I8	$329.67 Million
Micro Contact Solution Co. Ltd KQ:098120	$329.56 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 2024 to 2025, total equity changed from 162,003,000 to 153,825,000, a change of -8,178,000 (-5.0%).
Net income of 41,631,000 contributed positively to equity growth.
Dividend payments of 51,944,000 reduced retained earnings.
Other factors increased equity by 2,135,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	ILA41.63 Million	+27.06%
Dividends Paid	ILA51.94 Million	-33.77%
Other Changes	ILA2.13 Million	+1.39%
Total Change	ILA-	-5.05%

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: 794.29x
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 4231.29x to 794.29x 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	ILA13380.00	x
2014-12-31	ILA3.82	ILA13380.00	x
2015-12-31	ILA4.82	ILA13380.00	x
2016-12-31	ILA5.87	ILA13380.00	x
2017-12-31	ILA7.03	ILA13380.00	x
2018-12-31	ILA7.61	ILA13380.00	x
2019-12-31	ILA9.44	ILA13380.00	x
2020-12-31	ILA11.25	ILA13380.00	x
2021-12-31	ILA12.53	ILA13380.00	x
2022-12-31	ILA13.66	ILA13380.00	x
2023-12-31	ILA16.15	ILA13380.00	x
2024-12-31	ILA17.62	ILA13380.00	x
2025-12-31	ILA16.85	ILA13380.00	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): 27.06%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 34.30%
• Asset Turnover: 0.72x
• Equity Multiplier: 1.10x
Recent ROE (27.06%) is below the historical average (27.45%), 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
2025	27.06%	34.30%	0.72x	1.10x	ILA26.25 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: $129,602,444
Average return on equity (ROE) among peers: 1.91%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
FMS Enterprises Migun Ltd (FBRT)	ILA150.10 Million	9.40%	0.14x	$329.83 Million
Aryt Industries Ltd (ARYT)	$50.56 Million	16.37%	0.28x	$366.11 Million
Ashot Ashkelon Industries Ltd (ASHO)	$212.60 Million	-79.06%	2.69x	$398.02 Million
Bet Shemesh Engines Holdings 1997 Ltd (BSEN)	$90.48 Million	7.99%	0.81x	$1.87 Billion
Elbit Systems Ltd (ESLT)	$135.30 Million	16.41%	1.37x	$1.09 Billion
Global Knafaim Leasing Ltd (GKL)	$103.49 Million	5.26%	2.21x	$44.14 Million
IMCO Industries Ltd (IMCO)	$106.40 Million	25.34%	0.45x	$29.50 Million
Israel Shipyards Ltd (ISHI)	$348.17 Million	14.01%	1.75x	$621.31 Million
Imagesat International ISI Ltd (ISI)	$96.14 Million	7.73%	0.79x	$164.22 Million
Orbit Technologies Ltd (ORBI)	$23.28 Million	3.18%	1.00x	$288.39 Million

About FMS Enterprises Migun Ltd

TA:FBRT Israel Aerospace & Defense

Market Cap

$329.83 Million

ILA123.03 Billion ILA

Market Cap Rank

#14461 Global

#154 in Israel

Share Price

ILA13380.00

Change (1 day)

-1.62%

52-Week Range

ILA13380.00 - ILA29700.00

All Time High

ILA29700.00