Gilat Satellite Networks Ltd (GILT) - Net Assets
Based on the latest financial reports, Gilat Satellite Networks Ltd (GILT) has net assets worth ILA539.50 Million ILA (≈ $1.45 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA760.46 Million ≈ $2.04 Million USD) and total liabilities (ILA220.97 Million ≈ $592.41K 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 tangible net worth ratio of Gilat Satellite Networks Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA539.50 Million |
| % of Total Assets | 70.94% |
| Annual Growth Rate | 9.14% |
| 5-Year Change | 115.55% |
| 10-Year Change | 138.43% |
| Growth Volatility | 58.83 |
Gilat Satellite Networks Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Gilat Satellite Networks Ltd's net assets have evolved over time, based on quarterly financial data. See GILT defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Gilat Satellite Networks Ltd (1993–2025)
The table below shows the annual net assets of Gilat Satellite Networks Ltd from 1993 to 2025. For live valuation and market cap data, see Gilat Satellite Networks Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA500.28 Million ≈ $1.34 Million |
+64.33% |
| 2024-12-31 | ILA304.44 Million ≈ $816.18K |
+10.83% |
| 2023-12-31 | ILA274.69 Million ≈ $736.43K |
+12.52% |
| 2022-12-31 | ILA244.12 Million ≈ $654.49K |
+5.18% |
| 2021-12-31 | ILA232.09 Million ≈ $622.24K |
-0.73% |
| 2020-12-31 | ILA233.81 Million ≈ $626.84K |
-7.80% |
| 2019-12-31 | ILA253.59 Million ≈ $679.86K |
+6.07% |
| 2018-12-31 | ILA239.07 Million ≈ $640.94K |
+9.50% |
| 2017-12-31 | ILA218.32 Million ≈ $585.31K |
+4.05% |
| 2016-12-31 | ILA209.83 Million ≈ $562.54K |
+17.83% |
| 2015-12-31 | ILA178.08 Million ≈ $477.43K |
-20.90% |
| 2014-12-31 | ILA225.14 Million ≈ $603.59K |
-0.40% |
| 2013-12-31 | ILA226.03 Million ≈ $605.99K |
-6.58% |
| 2012-12-31 | ILA241.96 Million ≈ $648.68K |
-6.97% |
| 2011-12-31 | ILA260.07 Million ≈ $697.25K |
-1.53% |
| 2010-12-31 | ILA264.11 Million ≈ $708.08K |
+13.70% |
| 2009-12-31 | ILA232.29 Million ≈ $622.77K |
+0.90% |
| 2008-12-31 | ILA230.22 Million ≈ $617.22K |
+1.06% |
| 2007-12-31 | ILA227.81 Million ≈ $610.75K |
+7.43% |
| 2006-12-31 | ILA212.06 Million ≈ $568.52K |
+148.03% |
| 2005-12-31 | ILA85.50 Million ≈ $229.22K |
+25.70% |
| 2004-12-31 | ILA68.02 Million ≈ $182.36K |
-14.28% |
| 2003-12-31 | ILA79.35 Million ≈ $212.73K |
+146.93% |
| 2002-12-31 | ILA-169.09 Million ≈ $-453.32K |
-189.96% |
| 2001-12-31 | ILA187.96 Million ≈ $503.91K |
-69.55% |
| 2000-12-31 | ILA617.35 Million ≈ $1.66 Million |
+23.51% |
| 1999-12-31 | ILA499.82 Million ≈ $1.34 Million |
+126.78% |
| 1998-12-31 | ILA220.40 Million ≈ $590.88K |
+103.51% |
| 1997-12-31 | ILA108.30 Million ≈ $290.35K |
+20.60% |
| 1996-12-31 | ILA89.80 Million ≈ $240.75K |
+8.72% |
| 1995-12-31 | ILA82.60 Million ≈ $221.45K |
+125.68% |
| 1994-12-31 | ILA36.60 Million ≈ $98.12K |
+20.00% |
| 1993-12-31 | ILA30.50 Million ≈ $81.77K |
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Equity Component Analysis
This analysis shows how different components contribute to Gilat Satellite Networks 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 22868.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA3.76 Million | 0.75% |
| Other Comprehensive Income | ILA-3.77 Million | -0.75% |
| Other Components | ILA1.12 Billion | 222.88% |
| Total Equity | ILA500.28 Million | 100.00% |
Gilat Satellite Networks Ltd Competitors by Market Cap
The table below lists competitors of Gilat Satellite Networks Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BGT Group Co. Ltd.
SHE:300774
|
$815.28 Million |
|
Cromwell Property Group
AU:CMW
|
$815.33 Million |
|
Hallador Energy Company
NASDAQ:HNRG
|
$815.36 Million |
|
Scandinavian Tobacco Group A/S
CO:STG
|
$815.49 Million |
|
Contrel Technology Co Ltd
TWO:8064
|
$815.19 Million |
|
Winnebago Industries Inc
NYSE:WGO
|
$815.19 Million |
|
Zhejiang China Light & Textile Industrial City Group Co Ltd
SHG:600790
|
$815.07 Million |
|
Hunan Tyen Machinery Co Ltd A
SHG:600698
|
$814.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gilat Satellite Networks Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 304,435,000 to 500,277,999, a change of 195,842,999 (64.3%).
- Net income of 20,722,999 contributed positively to equity growth.
- New share issuances of 164,060,000 increased equity.
- Other comprehensive income increased equity by 2,352,001.
- Other factors increased equity by 8,707,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA20.72 Million | +4.14% |
| Share Issuances | ILA164.06 Million | +32.79% |
| Other Comprehensive Income | ILA2.35 Million | +0.47% |
| Other Changes | ILA8.71 Million | +1.74% |
| Total Change | ILA- | 64.33% |
Book Value vs Market Value Analysis
This analysis compares Gilat Satellite Networks 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: 486.45x
- 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 55.93x to 486.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | ILA72.04 | ILA4029.00 | x |
| 1994-12-31 | ILA86.44 | ILA4029.00 | x |
| 1995-12-31 | ILA162.33 | ILA4029.00 | x |
| 1996-12-31 | ILA163.63 | ILA4029.00 | x |
| 1997-12-31 | ILA194.32 | ILA4029.00 | x |
| 1998-12-31 | ILA720.65 | ILA4029.00 | x |
| 1999-12-31 | ILA9198.74 | ILA4029.00 | x |
| 2000-12-31 | ILA10102.87 | ILA4029.00 | x |
| 2001-12-31 | ILA282.56 | ILA4029.00 | x |
| 2002-12-31 | ILA-144.59 | ILA4029.00 | x |
| 2003-12-31 | ILA5.88 | ILA4029.00 | x |
| 2004-12-31 | ILA3.02 | ILA4029.00 | x |
| 2005-12-31 | ILA3.76 | ILA4029.00 | x |
| 2006-12-31 | ILA7.60 | ILA4029.00 | x |
| 2007-12-31 | ILA5.40 | ILA4029.00 | x |
| 2008-12-31 | ILA5.69 | ILA4029.00 | x |
| 2009-12-31 | ILA5.52 | ILA4029.00 | x |
| 2010-12-31 | ILA6.20 | ILA4029.00 | x |
| 2011-12-31 | ILA6.26 | ILA4029.00 | x |
| 2012-12-31 | ILA5.83 | ILA4029.00 | x |
| 2013-12-31 | ILA5.37 | ILA4029.00 | x |
| 2014-12-31 | ILA5.23 | ILA4029.00 | x |
| 2015-12-31 | ILA4.02 | ILA4029.00 | x |
| 2016-12-31 | ILA4.04 | ILA4029.00 | x |
| 2017-12-31 | ILA3.98 | ILA4029.00 | x |
| 2018-12-31 | ILA4.29 | ILA4029.00 | x |
| 2019-12-31 | ILA4.53 | ILA4029.00 | x |
| 2020-12-31 | ILA4.21 | ILA4029.00 | x |
| 2021-12-31 | ILA4.12 | ILA4029.00 | x |
| 2022-12-31 | ILA4.31 | ILA4029.00 | x |
| 2023-12-31 | ILA4.85 | ILA4029.00 | x |
| 2024-12-31 | ILA5.34 | ILA4029.00 | x |
| 2025-12-31 | ILA8.28 | ILA4029.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gilat Satellite Networks 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): 4.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.59%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.48x
- Recent ROE (4.14%) is above the historical average (-0.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 13.44% | 24.26% | 0.49x | 1.14x | ILA1.05 Million |
| 1994 | 16.67% | 22.59% | 0.65x | 1.13x | ILA2.44 Million |
| 1995 | 10.29% | 20.38% | 0.45x | 1.12x | ILA240.00K |
| 1996 | 6.12% | 7.42% | 0.66x | 1.25x | ILA-3.48 Million |
| 1997 | 15.60% | 16.30% | 0.49x | 1.96x | ILA6.07 Million |
| 1998 | -37.02% | -52.54% | 0.38x | 1.86x | ILA-103.64 Million |
| 1999 | 3.92% | 5.80% | 0.50x | 1.36x | ILA-30.37 Million |
| 2000 | 3.15% | 3.85% | 0.40x | 2.04x | ILA-42.30 Million |
| 2001 | -242.00% | -111.16% | 0.45x | 4.84x | ILA-446.84 Million |
| 2002 | 0.00% | -166.80% | 0.44x | 0.00x | ILA-330.91 Million |
| 2003 | 188.00% | 75.52% | 0.47x | 5.26x | ILA135.99 Million |
| 2004 | -13.89% | -3.91% | 0.62x | 5.75x | ILA-16.25 Million |
| 2005 | -4.35% | -1.77% | 0.56x | 4.36x | ILA-12.27 Million |
| 2006 | 4.95% | 4.22% | 0.56x | 2.08x | ILA-10.72 Million |
| 2007 | 4.43% | 3.57% | 0.66x | 1.89x | ILA-12.69 Million |
| 2008 | -0.49% | -0.42% | 0.65x | 1.78x | ILA-24.15 Million |
| 2009 | 0.81% | 0.82% | 0.64x | 1.54x | ILA-21.35 Million |
| 2010 | 11.59% | 13.14% | 0.51x | 1.72x | ILA4.21 Million |
| 2011 | -2.25% | -1.72% | 0.76x | 1.72x | ILA-31.86 Million |
| 2012 | -9.59% | -6.66% | 0.84x | 1.71x | ILA-47.39 Million |
| 2013 | -7.92% | -7.62% | 0.64x | 1.63x | ILA-40.50 Million |
| 2014 | -0.66% | -0.64% | 0.64x | 1.62x | ILA-24.01 Million |
| 2015 | -29.39% | -26.49% | 0.53x | 2.08x | ILA-70.14 Million |
| 2016 | -2.54% | -1.91% | 0.73x | 1.83x | ILA-26.32 Million |
| 2017 | 3.12% | 2.41% | 0.73x | 1.77x | ILA-15.03 Million |
| 2018 | 7.70% | 6.91% | 0.67x | 1.65x | ILA-5.50 Million |
| 2019 | 14.41% | 13.87% | 0.67x | 1.55x | ILA11.18 Million |
| 2020 | 15.00% | 21.14% | 0.42x | 1.68x | ILA11.70 Million |
| 2021 | -1.15% | -1.22% | 0.62x | 1.52x | ILA-25.89 Million |
| 2022 | -2.43% | -2.47% | 0.62x | 1.58x | ILA-30.34 Million |
| 2023 | 8.56% | 8.83% | 0.62x | 1.55x | ILA-3.96 Million |
| 2024 | 8.16% | 8.14% | 0.71x | 1.41x | ILA-5.59 Million |
| 2025 | 4.14% | 4.59% | 0.61x | 1.48x | ILA-29.30 Million |
Industry Comparison
This section compares Gilat Satellite Networks Ltd's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $270,249,000
- Average return on equity (ROE) among peers: 0.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gilat Satellite Networks Ltd (GILT) | ILA539.50 Million | 13.44% | 0.41x | $815.21 Million |
| AudioCodes Ltd (AUDC) | $94.55 Million | 14.27% | 0.90x | $212.43 Million |
| C. Mer Industries Ltd (CMER) | $258.01 Million | 5.91% | 1.23x | $188.05 Million |
| Micronet Ltd (MCRNT) | $24.30 Million | -48.21% | 0.11x | $9.37 Million |
| Rapac Communication & Infrastructure Ltd (RPAC) | $704.14 Million | 28.79% | 0.63x | $359.50 Million |
About Gilat Satellite Networks Ltd
Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. The company designs and manufactures ground-based satellite communications equipment. Its portfolio consis… Read more