Golden House
Golden House Ltd engages in the operation and management of sheltered housing centers for the elderly population in Israel. It operates The Golden Age House, that contains housing units, as well as public areas, a lobby, a clubhouse, a library, cinema hall, computer room, synagogue, classrooms, lecture rooms, gym, and green garden terrace. The company also offers nursing care services. In additio… Read more
Golden House (GOHO) - Net Assets
Latest net assets as of September 2025: ILA257.74 Million ILA
Based on the latest financial reports, Golden House (GOHO) has net assets worth ILA257.74 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 (ILA396.30 Million) and total liabilities (ILA138.56 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 | ILA257.74 Million |
| % of Total Assets | 65.04% |
| Annual Growth Rate | 14.16% |
| 5-Year Change | 76.09% |
| 10-Year Change | 130.79% |
| Growth Volatility | 40.46 |
Golden House - Net Assets Trend (2008–2024)
This chart illustrates how Golden House's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Golden House (2008–2024)
The table below shows the annual net assets of Golden House from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA458.68 Million | +30.83% |
| 2023-12-31 | ILA350.60 Million | +0.34% |
| 2022-12-31 | ILA349.39 Million | +29.65% |
| 2021-12-31 | ILA269.49 Million | +3.46% |
| 2020-12-31 | ILA260.48 Million | -1.34% |
| 2019-12-31 | ILA264.01 Million | +15.10% |
| 2018-12-31 | ILA229.37 Million | +5.37% |
| 2017-12-31 | ILA217.68 Million | +2.45% |
| 2016-12-31 | ILA212.47 Million | +6.91% |
| 2015-12-31 | ILA198.74 Million | +0.97% |
| 2014-12-31 | ILA196.83 Million | +4.40% |
| 2013-12-31 | ILA188.54 Million | +12.75% |
| 2012-12-31 | ILA167.22 Million | +169.03% |
| 2011-12-31 | ILA62.16 Million | -9.32% |
| 2010-12-31 | ILA68.55 Million | -0.81% |
| 2009-12-31 | ILA69.11 Million | +25.34% |
| 2008-12-31 | ILA55.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Golden House'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 1656.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA402.80 Million | 87.82% |
| Common Stock | ILA67.83 Million | 14.79% |
| Total Equity | ILA458.68 Million | 100.00% |
Golden House Competitors by Market Cap
The table below lists competitors of Golden House ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CELANESE-A
MU:DG3
|
$439.44K |
|
POWER CORP CDA SV
BE:PCR
|
$439.51K |
|
Glassbridge Enterprises Inc
PINK:GLAE
|
$439.77K |
|
NAM.R S.A. EO -20
F:8GQ
|
$440.22K |
|
INTERTEK GROUP - Dusseldorf Stock Exchang
DU:IT1
|
$439.13K |
|
Airborne Wireless Network
PINK:ABWN
|
$437.69K |
|
FIDELITY NATIONAL - Dusseldorf Stock Exchang
DU:ZGY
|
$437.32K |
|
CleanGo Innovations Inc
OTCQB:CLGOF
|
$437.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Golden House's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 350,599,000 to 458,680,000, a change of 108,081,000 (30.8%).
- Net income of 115,624,000 contributed positively to equity growth.
- Dividend payments of 20,000,000 reduced retained earnings.
- Other factors increased equity by 12,457,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA115.62 Million | +25.21% |
| Dividends Paid | ILA20.00 Million | -4.36% |
| Other Changes | ILA12.46 Million | +2.72% |
| Total Change | ILA- | 30.83% |
Book Value vs Market Value Analysis
This analysis compares Golden House'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: 34.27x
- 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 81.00x to 34.27x 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 | ILA12.51 | ILA1013.00 | x |
| 2013-12-31 | ILA14.66 | ILA1013.00 | x |
| 2014-12-31 | ILA14.40 | ILA1013.00 | x |
| 2015-12-31 | ILA14.54 | ILA1013.00 | x |
| 2016-12-31 | ILA14.64 | ILA1013.00 | x |
| 2017-12-31 | ILA14.64 | ILA1013.00 | x |
| 2018-12-31 | ILA15.43 | ILA1013.00 | x |
| 2019-12-31 | ILA17.07 | ILA1013.00 | x |
| 2020-12-31 | ILA16.73 | ILA1013.00 | x |
| 2021-12-31 | ILA17.31 | ILA1013.00 | x |
| 2022-12-31 | ILA22.44 | ILA1013.00 | x |
| 2023-12-31 | ILA22.53 | ILA1013.00 | x |
| 2024-12-31 | ILA29.56 | ILA1013.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Golden House 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): 25.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 290.37%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.43x
- Recent ROE (25.21%) is above the historical average (10.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 15.55% | 33.12% | 0.17x | 2.70x | ILA3.83 Million |
| 2010 | 10.45% | 22.05% | 0.20x | 2.37x | ILA309.30K |
| 2012 | 20.39% | 83.05% | 0.09x | 2.77x | ILA17.38 Million |
| 2013 | 14.12% | 50.38% | 0.11x | 2.60x | ILA7.77 Million |
| 2014 | 7.48% | 27.85% | 0.09x | 2.94x | ILA-4.96 Million |
| 2015 | 5.92% | 21.58% | 0.10x | 2.86x | ILA-8.11 Million |
| 2016 | 5.44% | 21.06% | 0.09x | 2.92x | ILA-9.70 Million |
| 2017 | 5.35% | 20.60% | 0.09x | 3.03x | ILA-10.11 Million |
| 2018 | 7.24% | 30.28% | 0.08x | 2.88x | ILA-6.34 Million |
| 2019 | 12.07% | 56.28% | 0.08x | 2.80x | ILA5.46 Million |
| 2020 | -0.45% | -1.95% | 0.08x | 2.92x | ILA-27.22 Million |
| 2021 | 4.35% | 20.88% | 0.08x | 2.73x | ILA-15.21 Million |
| 2022 | 23.95% | 133.91% | 0.08x | 2.33x | ILA48.74 Million |
| 2023 | 4.61% | 26.41% | 0.10x | 1.80x | ILA-18.91 Million |
| 2024 | 25.21% | 290.37% | 0.06x | 1.43x | ILA69.76 Million |
Industry Comparison
This section compares Golden House's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $223,358,000
- Average return on equity (ROE) among peers: 16.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Golden House (GOHO) | ILA257.74 Million | 15.55% | 0.54x | $439.29K |
| Bait Bakfar Ltd (BKFR) | $507.09 Million | 13.04% | 1.48x | $2.58 Million |
| Danel (Adir Yeoshua) Ltd (DANE) | $115.08 Million | 24.01% | 1.37x | $7.28 Million |
| Merchavia Holdings and Investments Ltd (MRHL) | $47.91 Million | 12.22% | 0.02x | $93.91K |