Gazit Globe Ltd (GZT) - Net Assets

Latest as of March 2022: ILA12.82 Billion ILA ≈ $34.38 Million USD

Based on the latest financial reports, Gazit Globe Ltd (GZT) has net assets worth ILA12.82 Billion ILA (≈ $34.38 Million USD) 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 ≈ $107.85 Million USD) and total liabilities (ILA27.40 Billion ≈ $73.46 Million 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 GZT PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see Gazit Globe Ltd (GZT) total market value.

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. Also explore Gazit Globe Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2021-12-31	ILA13.55 Billion ≈ $36.34 Million	+7.76%
2020-12-31	ILA12.58 Billion ≈ $33.72 Million	-22.95%
2019-12-31	ILA16.33 Billion ≈ $43.77 Million	-3.72%
2018-12-31	ILA16.96 Billion ≈ $45.46 Million	-6.40%
2017-12-31	ILA18.12 Billion ≈ $48.57 Million	-46.35%
2016-12-31	ILA33.77 Billion ≈ $90.53 Million	+8.95%
2015-12-31	ILA31.00 Billion ≈ $83.10 Million	+19.81%
2014-12-31	ILA25.87 Billion ≈ $69.36 Million	+13.37%
2013-12-31	ILA22.82 Billion ≈ $61.18 Million	+0.75%
2012-12-31	ILA22.65 Billion ≈ $60.72 Million	+16.84%
2011-12-31	ILA19.38 Billion ≈ $51.97 Million	+27.79%
2010-12-31	ILA15.17 Billion ≈ $40.67 Million	+14.34%
2009-12-31	ILA13.27 Billion ≈ $35.57 Million	+19.45%
2008-12-31	ILA11.11 Billion ≈ $29.77 Million	-33.36%
2007-12-31	ILA16.66 Billion ≈ $44.68 Million	+144.03%
2006-12-31	ILA6.83 Billion ≈ $18.31 Million	+8.32%
2005-12-31	ILA6.30 Billion ≈ $16.90 Million	+32.44%
2004-12-31	ILA4.76 Billion ≈ $12.76 Million	+16.23%
2003-12-31	ILA4.10 Billion ≈ $10.98 Million	+122.48%
2002-12-31	ILA1.84 Billion ≈ $4.94 Million	+50.60%
2001-12-31	ILA1.22 Billion ≈ $3.28 Million	+68.22%
2000-12-31	ILA726.64 Million ≈ $1.95 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
Jiangxi Huawu Brake Co Ltd SHE:300095	$520.03 Million
Canadian Tire Corporation Limited TO:CTC	$520.05 Million
Comp SA WAR:CMP	$520.25 Million
Shandong Sinobioway Biomedicine Co Ltd SHE:002581	$520.35 Million
Chin-Poon Industrial Co Ltd TW:2355	$519.72 Million
Audax Renovables S.A. MC:ADX	$519.54 Million
AS Merko Ehitus F:MKS	$519.50 Million
Empresa Distribuidora y Comercializadora Norte SA ADR NYSE:EDN	$519.48 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: 33.34x
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 22.71x to 33.34x 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	ILA1166.00	x
2018-12-31	ILA48.48	ILA1166.00	x
2019-12-31	ILA44.41	ILA1166.00	x
2020-12-31	ILA36.75	ILA1166.00	x
2021-12-31	ILA34.97	ILA1166.00	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: $442,213,200
Average return on equity (ROE) among peers: -15.55%

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	$520.00 Million
Arena Star Group Ltd (ARNA)	$5.10 Million	0.00%	33.03x	$1.84 Billion
Aviv Arlon Ltd (AVLN)	$117.47 Million	-9.34%	1.60x	$85.40 Million
Bayside Land Corporation Ltd (BYSD)	$2.05 Billion	7.66%	1.25x	$2.16 Billion
Kardan NV (KRNV)	$41.18 Million	-76.08%	15.16x	$25.34
Shemen Industries Ltd (SMNIN)	$311.00K	0.00%	1650.78x	$89.58 Million

About Gazit Globe Ltd

TA:GZT Israel Real Estate Operations

Market Cap

$520.00 Million

ILA193.96 Billion ILA

Market Cap Rank

#12241 Global

#128 in Israel

Share Price

ILA1166.00

Change (1 day)

+3.09%

52-Week Range

ILA747.00 - ILA1429.00

All Time High

ILA4543.00