Hagag Europe Development ZF Ltd (HGGE) - Net Assets
Based on the latest financial reports, Hagag Europe Development ZF Ltd (HGGE) has net assets worth ILA94.92 Million ILA (≈ $254.47K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA291.30 Million ≈ $780.97K USD) and total liabilities (ILA196.38 Million ≈ $526.50K 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. Also explore HGGE current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA94.92 Million |
| % of Total Assets | 32.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | 64.05% |
| 10-Year Change | N/A |
| Growth Volatility | 164.4 |
Hagag Europe Development ZF Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Hagag Europe Development ZF Ltd's net assets have evolved over time, based on quarterly financial data. Check HGGE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Hagag Europe Development ZF Ltd (2016–2025)
The table below shows the annual net assets of Hagag Europe Development ZF Ltd from 2016 to 2025. For live valuation and market cap data, see HGGE stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA97.90 Million ≈ $262.47K |
+44.26% |
| 2024-12-31 | ILA67.86 Million ≈ $181.94K |
+11.84% |
| 2023-12-31 | ILA60.68 Million ≈ $162.68K |
-1.87% |
| 2022-12-31 | ILA61.84 Million ≈ $165.79K |
+3.62% |
| 2021-12-31 | ILA59.68 Million ≈ $159.99K |
+68.57% |
| 2020-12-31 | ILA35.40 Million ≈ $94.91K |
+50.29% |
| 2019-12-31 | ILA23.56 Million ≈ $63.15K |
+23.11% |
| 2018-12-31 | ILA19.13 Million ≈ $51.30K |
+520.83% |
| 2017-12-31 | ILA3.08 Million ≈ $8.26K |
+2168.46% |
| 2016-12-31 | ILA-149.00K ≈ $-399.46 |
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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 grown by 337953200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA3.20 Million | 4.70% |
| Common Stock | ILA144.98K | 0.21% |
| Other Comprehensive Income | ILA9.03 Million | 13.25% |
| Other Components | ILA55.78 Million | 81.84% |
| Total Equity | ILA68.17 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 |
|---|---|
|
First Western Financial Inc
NASDAQ:MYFW
|
$285.06 Million |
|
Ningbo Tianyi Medical Appliance Co. Ltd.
SHE:301097
|
$285.17 Million |
|
Rongyu Group Co Ltd
SHE:002622
|
$285.17 Million |
|
MKH Bhd
KLSE:6114
|
$285.33 Million |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
$284.95 Million |
|
Brooge Holdings Ltd
NASDAQ:BROG
|
$284.93 Million |
|
Guangzhou Jet Bio-Filtration Co Ltd
SHG:688026
|
$284.89 Million |
|
Ouro Fino Saúde Animal Participações S.A
SA:OFSA3
|
$284.85 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 2024 to 2025, total equity changed from 47,689,000 to 68,165,052, a change of 20,476,052 (42.9%).
- Net income of 8,468,323 contributed positively to equity growth.
- New share issuances of 12,436,000 increased equity.
- Other comprehensive income increased equity by 424,682.
- Other factors decreased equity by 852,953.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA8.47 Million | +12.42% |
| Share Issuances | ILA12.44 Million | +18.24% |
| Other Comprehensive Income | ILA424.68K | +0.62% |
| Other Changes | ILA-852.95K | -1.25% |
| Total Change | ILA- | 42.94% |
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: 1365.21x
- 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 | ILA1612.00 | x |
| 2017-12-31 | ILA0.01 | ILA1612.00 | x |
| 2018-12-31 | ILA0.11 | ILA1612.00 | x |
| 2019-12-31 | ILA0.19 | ILA1612.00 | x |
| 2020-12-31 | ILA0.46 | ILA1612.00 | x |
| 2021-12-31 | ILA1.32 | ILA1612.00 | x |
| 2022-12-31 | ILA1.10 | ILA1612.00 | x |
| 2023-12-31 | ILA0.97 | ILA1612.00 | x |
| 2024-12-31 | ILA1.12 | ILA1612.00 | x |
| 2025-12-31 | ILA1.18 | ILA1612.00 | 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): 12.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 52.19%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 4.18x
- Recent ROE (12.42%) is above the historical average (-9.49%), 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 |
| 2025 | 12.42% | 52.19% | 0.06x | 4.18x | ILA1.65 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: $1,161,248,333
- Average return on equity (ROE) among peers: 9.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hagag Europe Development ZF Ltd (HGGE) | ILA94.92 Million | 0.00% | 2.07x | $285.05 Million |
| Kvutzat Acro Ltd. (ACRO) | $1.27 Billion | 4.22% | 2.11x | $674.62 Million |
| Africa Israel Residences Ltd (AFRE) | $564.35 Million | 4.99% | 2.46x | $729.25 Million |
| Ashtrom Group Ltd (ASHG) | $1.99 Billion | 6.68% | 3.58x | $1.81 Billion |
| Aura Investments Ltd (AURA) | $91.94 Million | 20.91% | 7.47x | $1.12 Billion |
| Av Gad Holdings Ltd (AVGD) | $70.88 Million | 1.27% | 2.34x | $62.37 Million |
| GavYam Lands Corp Ltd (GVYM) | $4.58 Billion | 23.81% | 1.58x | $2.11 Billion |
| Hanan Mor (HNMR) | $746.39 Million | 15.76% | 4.46x | $11.77 Million |
| Hiron-Trade Investments & Industrial Buildings Ltd (HRON) | $980.27 Million | 11.02% | 0.29x | $271.02 Million |
| Israel Canada (ISCN) | $161.90 Million | 0.00% | 3.37x | $1.35 Billion |
About 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 also engages in planning, execution, and construction components of the gas infrastructure. The company was incorporated in 2017 and is based in Tel Aviv-Yafo, Israel.