Hagag Europe Development ZF Ltd
Hagag Europe Development Z.F. Ltd engages in the investment and development of real estate properties in Romania. Its projects include residential, office, and commercial projects. The company was incorporated in 2017 and is based in Tel Aviv, Israel.
Hagag Europe Development ZF Ltd (HGGE) - Net Assets
Latest net assets as of September 2025: ILA78.13 Million ILA
Based on the latest financial reports, Hagag Europe Development ZF Ltd (HGGE) has net assets worth ILA78.13 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 (ILA226.65 Million) and total liabilities (ILA148.51 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 | ILA78.13 Million |
| % of Total Assets | 34.47% |
| Annual Growth Rate | N/A |
| 5-Year Change | 91.7% |
| 10-Year Change | N/A |
| Growth Volatility | 174.78 |
Hagag Europe Development ZF Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Hagag Europe Development ZF 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 Hagag Europe Development ZF Ltd (2016–2024)
The table below shows the annual net assets of Hagag Europe Development ZF Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA67.86 Million | +11.84% |
| 2023-12-31 | ILA60.68 Million | -1.87% |
| 2022-12-31 | ILA61.84 Million | +3.62% |
| 2021-12-31 | ILA59.68 Million | +68.57% |
| 2020-12-31 | ILA35.40 Million | +50.29% |
| 2019-12-31 | ILA23.56 Million | +23.11% |
| 2018-12-31 | ILA19.13 Million | +520.83% |
| 2017-12-31 | ILA3.08 Million | +2168.46% |
| 2016-12-31 | ILA-149.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hagag Europe Development ZF 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 476400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA131.00K | 0.27% |
| Other Comprehensive Income | ILA8.61 Million | 18.05% |
| Other Components | ILA43.89 Million | 92.04% |
| Total Equity | ILA47.69 Million | 100.00% |
Hagag Europe Development ZF Ltd Competitors by Market Cap
The table below lists competitors of Hagag Europe Development ZF Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Silynxcom Ltd.
NYSE MKT:SYNX
|
$2.27 Million |
|
Krebs Biochemicals and Industries Limited
NSE:KREBSBIO
|
$2.27 Million |
|
Celebrity Fashions Limited
NSE:CELEBRITY
|
$2.27 Million |
|
Lichen China Limited Class A Ordinary Shares
NASDAQ:LICN
|
$2.27 Million |
|
NexPoint Hospitality Trust
V:NHT-U
|
$2.27 Million |
|
Vivic Corp
OTCQB:VIVC
|
$2.27 Million |
|
TOR Minerals International Inc
PINK:TORM
|
$2.27 Million |
|
OLB Group Inc
NASDAQ:OLB
|
$2.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hagag Europe Development ZF Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,050,000 to 47,689,000, a change of 6,639,000 (16.2%).
- Net loss of 3,978,000 reduced equity.
- New share issuances of 9,913,000 increased equity.
- Other comprehensive income increased equity by 704,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-3.98 Million | -8.34% |
| Share Issuances | ILA9.91 Million | +20.79% |
| Other Comprehensive Income | ILA704.00K | +1.48% |
| Total Change | ILA- | 16.17% |
Book Value vs Market Value Analysis
This analysis compares Hagag Europe Development ZF 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: 1248.59x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ILA0.00 | ILA1401.00 | x |
| 2017-12-31 | ILA0.01 | ILA1401.00 | x |
| 2018-12-31 | ILA0.11 | ILA1401.00 | x |
| 2019-12-31 | ILA0.19 | ILA1401.00 | x |
| 2020-12-31 | ILA0.46 | ILA1401.00 | x |
| 2021-12-31 | ILA1.32 | ILA1401.00 | x |
| 2022-12-31 | ILA1.10 | ILA1401.00 | x |
| 2023-12-31 | ILA0.97 | ILA1401.00 | x |
| 2024-12-31 | ILA1.12 | ILA1401.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hagag Europe Development ZF 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): -8.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -79.20%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 3.80x
- Recent ROE (-8.34%) is above the historical average (-11.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | ILA-335.10K |
| 2017 | -145.34% | 0.00% | 0.00x | 32.08x | ILA-733.20K |
| 2018 | -26.29% | -1395.65% | 0.00x | 8.34x | ILA-1.77 Million |
| 2019 | 47.35% | 700.92% | 0.01x | 8.91x | ILA3.01 Million |
| 2020 | 56.95% | 7931.65% | 0.00x | 6.35x | ILA9.09 Million |
| 2021 | -12.76% | -20.42% | 0.19x | 3.29x | ILA-10.17 Million |
| 2022 | -2.03% | -4.62% | 0.14x | 3.22x | ILA-5.61 Million |
| 2023 | -16.86% | -119.43% | 0.04x | 4.03x | ILA-11.03 Million |
| 2024 | -8.34% | -79.20% | 0.03x | 3.80x | ILA-8.75 Million |
Industry Comparison
This section compares Hagag Europe Development ZF Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,044,331,333
- Average return on equity (ROE) among peers: 17.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hagag Europe Development ZF Ltd (HGGE) | ILA78.13 Million | 0.00% | 1.90x | $2.27 Million |
| Kvutzat Acro Ltd. (ACRO) | $1.27 Billion | 4.22% | 2.11x | $8.59 Million |
| Africa Israel Residences Ltd (AFRE) | $693.46 Million | 6.30% | 2.76x | $10.34 Million |
| Ashtrom Group Ltd (ASHG) | $5.14 Billion | 3.30% | 3.25x | $20.20 Million |
| Aura Investments Ltd (AURA) | $133.25 Million | 41.78% | 8.11x | $16.60 Million |
| Av Gad Holdings Ltd (AVGD) | $26.41 Million | 63.52% | 2.56x | $855.64K |
| Carasso Real Estate Ltd (CRSR) | $772.73 Million | 10.18% | 2.31x | $680.28 Million |
| GavYam Lands Corp Ltd (GVYM) | $818.27 Million | 7.05% | 1.60x | $25.05 Million |
| Hanan Mor (HNMR) | $50.54 Million | 17.37% | 13.35x | $40.22K |
| Hiron-Trade Investments & Industrial Buildings Ltd (HRON) | $501.44 Million | 6.70% | 0.51x | $3.16 Million |