Fridenson (FRDN) - Net Assets

Latest as of December 2025: ILA157.41 Million ILA ≈ $422.00K USD

Based on the latest financial reports, Fridenson (FRDN) has net assets worth ILA157.41 Million ILA (≈ $422.00K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA306.65 Million ≈ $822.13K USD) and total liabilities (ILA149.25 Million ≈ $400.13K 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 financial resilience of Fridenson to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	ILA157.41 Million
% of Total Assets	51.33%
Annual Growth Rate	15.2%
5-Year Change	-2.57%
10-Year Change	93.56%
Growth Volatility	82.0

Fridenson - Net Assets Trend (2004–2025)

This chart illustrates how Fridenson's net assets have evolved over time, based on quarterly financial data. Also explore FRDN total asset value for the complete picture of this company's asset base.

Annual Net Assets for Fridenson (2004–2025)

The table below shows the annual net assets of Fridenson from 2004 to 2025. For live valuation and market cap data, see FRDN stock market capitalisation.

Year	Net Assets	Change
2025-12-31	ILA157.41 Million ≈ $422.00K	-9.31%
2024-12-31	ILA173.56 Million ≈ $465.31K	+1.56%
2023-12-31	ILA170.89 Million ≈ $458.16K	+0.75%
2022-12-31	ILA169.62 Million ≈ $454.74K	+4.99%
2021-12-31	ILA161.55 Million ≈ $433.11K	+81.19%
2020-12-31	ILA89.16 Million ≈ $239.04K	+3.49%
2019-12-31	ILA86.15 Million ≈ $230.97K	-4.33%
2018-12-31	ILA90.05 Million ≈ $241.41K	+9.66%
2017-12-31	ILA82.12 Million ≈ $220.15K	+0.98%
2016-12-31	ILA81.32 Million ≈ $218.01K	+12.18%
2015-12-31	ILA72.49 Million ≈ $194.35K	+9.26%
2014-12-31	ILA66.34 Million ≈ $177.87K	+10.70%
2013-12-31	ILA59.93 Million ≈ $160.68K	+6.12%
2012-12-31	ILA56.48 Million ≈ $151.41K	+10.61%
2011-12-31	ILA51.06 Million ≈ $136.88K	+6.30%
2010-12-31	ILA48.03 Million ≈ $128.77K	+19.42%
2009-12-31	ILA40.22 Million ≈ $107.83K	-6.13%
2008-12-31	ILA42.85 Million ≈ $114.87K	+367.51%
2005-12-31	ILA9.16 Million ≈ $24.57K	+13.65%
2004-12-31	ILA8.06 Million ≈ $21.62K	--

Equity Component Analysis

This analysis shows how different components contribute to Fridenson'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 5742.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	ILA103.83 Million	66.79%
Common Stock	ILA4.41 Million	2.84%
Other Comprehensive Income	ILA-9.39 Million	-6.04%
Other Components	ILA56.60 Million	36.41%
Total Equity	ILA155.45 Million	100.00%

Fridenson Competitors by Market Cap

The table below lists competitors of Fridenson ranked by their market capitalization.

Company	Market Cap
SAHYADRI INDUSTRIES ORD (BSE) NSE:SAHYADRI	$28.93 Million
Graines Voltz S.A PA:GRVO	$28.94 Million
VERDE AGRITECH LTD -3918 F:T48	$28.95 Million
Gesundheitswelt Chiemgau AG MU:JTH	$28.95 Million
Enero Group Ltd AU:EGG	$28.89 Million
Impero AS CO:IMPERO	$28.86 Million
Uvre Ltd AU:UVA	$28.85 Million
Ktop Reit KO:145270	$28.85 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 171,319,000 to 155,448,000, a change of -15,871,000 (-9.3%).
Net loss of 3,263,000 reduced equity.
Dividend payments of 8,500,000 reduced retained earnings.
Other comprehensive income decreased equity by 4,062,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	ILA-3.26 Million	-2.1%
Dividends Paid	ILA8.50 Million	-5.47%
Other Comprehensive Income	ILA-4.06 Million	-2.61%
Other Changes	ILA-45.00K	-0.03%
Total Change	ILA-	-9.26%

Book Value vs Market Value Analysis

This analysis compares Fridenson'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: 69.40x
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 154.05x to 69.40x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	ILA42.91	ILA6611.00	x
2013-12-31	ILA45.55	ILA6611.00	x
2014-12-31	ILA50.42	ILA6611.00	x
2015-12-31	ILA51.09	ILA6611.00	x
2016-12-31	ILA48.59	ILA6611.00	x
2017-12-31	ILA50.23	ILA6611.00	x
2018-12-31	ILA54.62	ILA6611.00	x
2019-12-31	ILA62.05	ILA6611.00	x
2020-12-31	ILA56.29	ILA6611.00	x
2021-12-31	ILA109.79	ILA6611.00	x
2022-12-31	ILA102.26	ILA6611.00	x
2023-12-31	ILA103.12	ILA6611.00	x
2024-12-31	ILA104.99	ILA6611.00	x
2025-12-31	ILA95.26	ILA6611.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fridenson 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): -2.10%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.64%
• Asset Turnover: 1.65x
• Equity Multiplier: 1.97x
Recent ROE (-2.10%) is below the historical average (8.25%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	13.81%	5.74%	0.71x	3.37x	ILA2.15 Million
2013	9.00%	3.94%	0.69x	3.31x	ILA-597.20K
2014	13.81%	6.26%	0.62x	3.57x	ILA2.53 Million
2015	12.56%	6.05%	0.56x	3.71x	ILA1.86 Million
2016	12.78%	3.92%	0.92x	3.54x	ILA2.26 Million
2017	11.52%	3.25%	1.07x	3.30x	ILA1.24 Million
2018	10.42%	3.20%	0.96x	3.40x	ILA374.80K
2019	2.94%	1.02%	0.57x	5.03x	ILA-6.01 Million
2020	11.00%	2.99%	0.73x	5.01x	ILA876.60K
2021	5.91%	1.82%	1.47x	2.21x	ILA-6.51 Million
2022	5.91%	1.71%	1.72x	2.02x	ILA-6.82 Million
2023	4.42%	1.57%	1.42x	1.98x	ILA-9.40 Million
2024	3.46%	1.23%	1.46x	1.92x	ILA-11.20 Million
2025	-2.10%	-0.64%	1.65x	1.97x	ILA-18.81 Million

Industry Comparison

This section compares Fridenson's net assets metrics with peer companies in the Integrated Freight & Logistics industry.

Industry Context

Industry: Integrated Freight & Logistics
Average net assets among peers: $144,583,000
Average return on equity (ROE) among peers: 18.83%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Fridenson (FRDN)	ILA157.41 Million	13.81%	0.95x	$28.92 Million
Etga Group Ltd (ETGA)	$247.02 Million	10.76%	0.97x	$153.01 Million
Orian Sh.M. Ltd (ORIN)	$21.27 Million	30.11%	2.31x	$108.87 Million
Overseas Commerce Ltd (OVRS)	$165.46 Million	15.61%	1.31x	$84.46 Million

About Fridenson

TA:FRDN Israel Integrated Freight & Logistics

Market Cap

$28.92 Million

ILA10.79 Billion ILA

Market Cap Rank

#23824 Global

#342 in Israel

Share Price

ILA6611.00

Change (1 day)

+3.95%

52-Week Range

ILA5330.00 - ILA7970.00

All Time High

ILA9394.21