Gamla Harel Residential Real-Estate Ltd
Gamla Harel Residential Real Estate Ltd provides equity financing services to real estate entrepreneurs in Israel. It provides financing against collateral, bridging loans, and equity investment services. Gamla Harel Residential Real Estate Ltd was incorporated in 2006 and is based in Tel Aviv-Yafo, Israel.
Gamla Harel Residential Real-Estate Ltd (GMLA) - Net Assets
Latest net assets as of December 2024: ILA353.18 Million ILA
Based on the latest financial reports, Gamla Harel Residential Real-Estate Ltd (GMLA) has net assets worth ILA353.18 Million ILA as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.10 Billion) and total liabilities (ILA744.55 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 | ILA353.18 Million |
| % of Total Assets | 32.17% |
| Annual Growth Rate | 29.12% |
| 5-Year Change | 180.81% |
| 10-Year Change | N/A |
| Growth Volatility | 16.73 |
Gamla Harel Residential Real-Estate Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Gamla Harel Residential Real-Estate 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 Gamla Harel Residential Real-Estate Ltd (2019–2024)
The table below shows the annual net assets of Gamla Harel Residential Real-Estate Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA353.18 Million | +13.50% |
| 2023-12-31 | ILA311.19 Million | +17.63% |
| 2022-12-31 | ILA264.55 Million | +30.54% |
| 2021-12-31 | ILA202.66 Million | +61.13% |
| 2020-12-31 | ILA125.77 Million | +27.86% |
| 2019-12-31 | ILA98.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gamla Harel Residential Real-Estate 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 grown by 95.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA192.40 Million | 54.48% |
| Other Components | ILA160.78 Million | 45.52% |
| Total Equity | ILA353.18 Million | 100.00% |
Gamla Harel Residential Real-Estate Ltd Competitors by Market Cap
The table below lists competitors of Gamla Harel Residential Real-Estate Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Universal PropTech Inc
PINK:UPIPF
|
$1.48 Million |
|
STRAP
CO:STRAP
|
$1.48 Million |
|
SPARTOO SAS EO -02
F:7ZP
|
$1.48 Million |
|
Universe Pharmaceuticals Inc
NASDAQ:UPC
|
$1.48 Million |
|
MSCM Holdings Bhd
KLSE:0041
|
$1.48 Million |
|
HB Stockholdings Limited
NSE:HBSL
|
$1.48 Million |
|
SOTHEMA
BC:SOTHEMA
|
$1.48 Million |
|
Super Spinning Mills Limited
NSE:SUPERSPIN
|
$1.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gamla Harel Residential Real-Estate Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 311,187,000 to 353,182,000, a change of 41,995,000 (13.5%).
- Net income of 41,767,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA41.77 Million | +11.83% |
| Other Changes | ILA228.00K | +0.06% |
| Total Change | ILA- | 13.50% |
Book Value vs Market Value Analysis
This analysis compares Gamla Harel Residential Real-Estate 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: 156.52x
- 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 489.12x to 156.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ILA1.36 | ILA664.00 | x |
| 2020-12-31 | ILA1.74 | ILA664.00 | x |
| 2021-12-31 | ILA2.80 | ILA664.00 | x |
| 2022-12-31 | ILA3.18 | ILA664.00 | x |
| 2023-12-31 | ILA3.74 | ILA664.00 | x |
| 2024-12-31 | ILA4.24 | ILA664.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gamla Harel Residential Real-Estate 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): 11.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.48%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 3.11x
- Recent ROE (11.83%) is below the historical average (15.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 20.08% | 44.55% | 0.09x | 5.06x | ILA9.92 Million |
| 2020 | 21.79% | 47.86% | 0.10x | 4.38x | ILA14.83 Million |
| 2021 | 10.72% | 44.93% | 0.09x | 2.54x | ILA1.47 Million |
| 2022 | 12.30% | 44.18% | 0.07x | 4.04x | ILA6.08 Million |
| 2023 | 14.91% | 33.28% | 0.11x | 4.00x | ILA15.28 Million |
| 2024 | 11.83% | 29.48% | 0.13x | 3.11x | ILA6.45 Million |
Industry Comparison
This section compares Gamla Harel Residential Real-Estate Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $161,545,281
- Average return on equity (ROE) among peers: 11.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gamla Harel Residential Real-Estate Ltd (GMLA) | ILA353.18 Million | 20.08% | 2.11x | $1.48 Million |
| Blackedge Ltd (BLEG) | $31.44 Million | 25.47% | 6.22x | $171.26 Million |
| Blender Financial Technologies Ltd (BLND) | $12.59 Million | -192.17% | 4.09x | $180.33K |
| Direct Finance TA (DIFI) | $308.07 Million | 18.05% | 4.77x | $4.26 Million |
| Jacob Finance And Investments Ltd (JCFN) | $32.51 Million | 74.84% | 42.00x | $1.98 Million |
| Michlol Finance Ltd (MCLL) | $305.73 Million | 16.66% | 4.34x | $1.83 Million |
| Michman Basad Ltd (MCMN) | $10.83 Million | 69.73% | 7.32x | $1.60 Million |
| MLRN Projects and Trade Ltd (MLRN) | $28.66 Million | 38.21% | 8.20x | $1.21 Million |
| Menif Financial Services Ltd (MNIF) | $450.69 Million | 27.61% | 4.78x | $4.24 Million |
| Nawi Brothers Group Ltd (NAWI) | $273.38 Million | 21.61% | 3.76x | $4.87 Million |