Gazit Globe Ltd

TA:GZT Israel Real Estate Operations
Market Cap
$466.04 Million
ILA173.83 Billion ILA
Market Cap Rank
#27789 Global
#66 in Israel
Share Price
ILA1045.00
Change (1 day)
+0.00%
52-Week Range
ILA747.00 - ILA1390.00
All Time High
ILA4543.00
Categories
Companies in Israel Real Estate Operations
About

Gazit-Globe Ltd., through its subsidiaries, owns, develops, manges, and operates supermarket-anchored shopping centers and retail-based mixed-use properties in North America, Brazil, Israel, the United States, Europe, and internationally. It owns and operates approximately 104 properties covering an area of approximately 2.5 million square meters. The company was incorporated in 1982 and is headq… Read more

Gazit Globe Ltd (GZT) - Net Assets

Latest net assets as of March 2022: ILA12.82 Billion ILA

Based on the latest financial reports, Gazit Globe Ltd (GZT) has net assets worth ILA12.82 Billion ILA as of March 2022.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA40.23 Billion) and total liabilities (ILA27.40 Billion). 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 ILA12.82 Billion
% of Total Assets 31.88%
Annual Growth Rate 14.95%
5-Year Change -25.18%
10-Year Change -40.15%
Growth Volatility 43.93

Gazit Globe Ltd - Net Assets Trend (2000–2021)

This chart illustrates how Gazit Globe 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 Gazit Globe Ltd (2000–2021)

The table below shows the annual net assets of Gazit Globe Ltd from 2000 to 2021.

Year Net Assets Change
2021-12-31 ILA13.55 Billion +7.76%
2020-12-31 ILA12.58 Billion -22.95%
2019-12-31 ILA16.33 Billion -3.72%
2018-12-31 ILA16.96 Billion -6.40%
2017-12-31 ILA18.12 Billion -46.35%
2016-12-31 ILA33.77 Billion +8.95%
2015-12-31 ILA31.00 Billion +19.81%
2014-12-31 ILA25.87 Billion +13.37%
2013-12-31 ILA22.82 Billion +0.75%
2012-12-31 ILA22.65 Billion +16.84%
2011-12-31 ILA19.38 Billion +27.79%
2010-12-31 ILA15.17 Billion +14.34%
2009-12-31 ILA13.27 Billion +19.45%
2008-12-31 ILA11.11 Billion -33.36%
2007-12-31 ILA16.66 Billion +144.03%
2006-12-31 ILA6.83 Billion +8.32%
2005-12-31 ILA6.30 Billion +32.44%
2004-12-31 ILA4.76 Billion +16.23%
2003-12-31 ILA4.10 Billion +122.48%
2002-12-31 ILA1.84 Billion +50.60%
2001-12-31 ILA1.22 Billion +68.22%
2000-12-31 ILA726.64 Million --

Equity Component Analysis

This analysis shows how different components contribute to Gazit Globe 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 22289.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2021)

Component Amount Percentage
Retained Earnings ILA5.23 Billion 98.47%
Common Stock ILA204.00 Million 3.84%
Total Equity ILA5.31 Billion 100.00%

Gazit Globe Ltd Competitors by Market Cap

The table below lists competitors of Gazit Globe Ltd ranked by their market capitalization.

Company Market Cap
EUDA Health Holdings Limited
NASDAQ:EUDA
 		$11.85 Million
BIGG Digital Assets Inc
F:7111
 		$11.85 Million
Partnera Oyj
HE:PARTNE1
 		$11.85 Million
LLEIDANETWORKS SE EO-02
F:9TV
 		$11.85 Million
Toivo Group Oyj
HE:TOIVO
 		$11.84 Million
MARTAS Precision Slide Co.,Ltd
TWO:6705
 		$11.84 Million
4DS Memory Ltd
AU:4DS
 		$11.83 Million
Integra Essentia Limited
NSE:ESSENTIA
 		$11.82 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2020 to 2021, total equity changed from 5,562,000,000 to 5,307,000,000, a change of -255,000,000 (-4.6%).
  • Net income of 646,000,000 contributed positively to equity growth.
  • Dividend payments of 182,000,000 reduced retained earnings.
  • Other factors decreased equity by 719,000,000.

Equity Change Factors (2020 to 2021)

Factor Impact Contribution
Net Income ILA646.00 Million +12.17%
Dividends Paid ILA182.00 Million -3.43%
Other Changes ILA-719.00 Million -13.55%
Total Change ILA- -4.58%

Book Value vs Market Value Analysis

This analysis compares Gazit Globe 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: 29.88x
  • 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 20.35x to 29.88x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 ILA51.35 ILA1045.00 x
2018-12-31 ILA48.48 ILA1045.00 x
2019-12-31 ILA44.41 ILA1045.00 x
2020-12-31 ILA36.75 ILA1045.00 x
2021-12-31 ILA34.97 ILA1045.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gazit Globe 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): 12.17%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 28.14%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 7.74x
  • Recent ROE (12.17%) is above the historical average (9.34%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 15.47% 16.43% 0.09x 10.89x ILA24.89 Million
2001 12.19% 10.58% 0.12x 9.47x ILA14.54 Million
2002 12.14% 11.25% 0.13x 8.35x ILA19.38 Million
2003 11.56% 8.96% 0.11x 11.23x ILA17.78 Million
2004 8.46% 5.37% 0.13x 12.40x ILA-20.11 Million
2006 12.55% 12.28% 0.12x 8.44x ILA72.96 Million
2007 17.22% 16.18% 0.13x 8.40x ILA412.90 Million
2009 21.22% 36.28% 0.06x 9.93x ILA582.10 Million
2010 13.36% 11.38% 0.13x 8.88x ILA198.50 Million
2011 8.77% 7.30% 0.13x 9.35x ILA-87.60 Million
2012 12.18% 10.11% 0.13x 9.05x ILA171.10 Million
2013 12.17% 11.22% 0.13x 8.50x ILA174.10 Million
2014 0.91% 0.96% 0.11x 8.72x ILA-729.30 Million
2015 8.25% 21.13% 0.03x 11.21x ILA-131.20 Million
2016 9.65% 16.39% 0.06x 10.65x ILA-28.80 Million
2017 4.96% 17.41% 0.06x 4.93x ILA-500.60 Million
2018 -2.72% -8.91% 0.06x 5.29x ILA-1.18 Billion
2019 8.00% 23.80% 0.06x 5.20x ILA-164.10 Million
2020 -11.74% -27.14% 0.06x 7.26x ILA-1.21 Billion
2021 12.17% 28.14% 0.06x 7.74x ILA115.30 Million

Industry Comparison

This section compares Gazit Globe Ltd's net assets metrics with peer companies in the Real Estate Operations industry.

Industry Context

  • Industry: Real Estate Operations
  • Average net assets among peers: $565,190,911
  • Average return on equity (ROE) among peers: -2.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gazit Globe Ltd (GZT) ILA12.82 Billion 15.47% 2.14x $11.85 Million
Arena Star Group Ltd (ARNA) $-21.58 Million 0.00% 0.00x $10.36 Million
Aviv Arlon Ltd (AVLN) $117.47 Million -9.34% 1.60x $378.28K
Mivne Real Estate (K.D) Ltd (IBLD) $2.52 Billion 12.12% 3.50x $34.56K
Kardan NV (KRNV) $75.94 Million -30.18% 11.85x $57.69K
Mirland Development Corporation PLC (MLD) $472.84 Million 13.72% 0.39x $861.40
Shemen Industries Ltd (SMNIN) $224.02 Million -3.30% 0.87x $1.26 Million