I.E.S Holdings Ltd (IES) - Net Assets
Based on the latest financial reports, I.E.S Holdings Ltd (IES) has net assets worth ILA1.82 Billion ILA (≈ $4.87 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA2.18 Billion ≈ $5.86 Million USD) and total liabilities (ILA367.96 Million ≈ $986.50K 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. Check IES tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA1.82 Billion |
| % of Total Assets | 83.15% |
| Annual Growth Rate | N/A |
| 5-Year Change | 61.44% |
| 10-Year Change | 364.31% |
| Growth Volatility | 8089.91 |
I.E.S Holdings Ltd - Net Assets Trend (2000–2025)
This chart illustrates how I.E.S Holdings Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can I.E.S Holdings Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for I.E.S Holdings Ltd (2000–2025)
The table below shows the annual net assets of I.E.S Holdings Ltd from 2000 to 2025. For live valuation and market cap data, see I.E.S Holdings Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA1.82 Billion ≈ $4.87 Million |
+11.15% |
| 2024-12-31 | ILA1.63 Billion ≈ $4.38 Million |
+8.69% |
| 2023-12-31 | ILA1.50 Billion ≈ $4.03 Million |
+4.15% |
| 2022-12-31 | ILA1.44 Billion ≈ $3.87 Million |
+28.30% |
| 2021-12-31 | ILA1.12 Billion ≈ $3.02 Million |
+47.99% |
| 2020-12-31 | ILA760.14 Million ≈ $2.04 Million |
+6.58% |
| 2019-12-31 | ILA713.21 Million ≈ $1.91 Million |
+22.56% |
| 2018-12-31 | ILA581.95 Million ≈ $1.56 Million |
+12.89% |
| 2017-12-31 | ILA515.50 Million ≈ $1.38 Million |
+31.80% |
| 2016-12-31 | ILA391.13 Million ≈ $1.05 Million |
+5.92% |
| 2015-12-31 | ILA369.28 Million ≈ $990.03K |
+0.02% |
| 2014-12-31 | ILA369.22 Million ≈ $989.87K |
+4.66% |
| 2013-12-31 | ILA352.77 Million ≈ $945.78K |
+10.72% |
| 2012-12-31 | ILA318.62 Million ≈ $854.20K |
+3.39% |
| 2011-12-31 | ILA308.16 Million ≈ $826.16K |
+178.86% |
| 2010-12-31 | ILA110.50 Million ≈ $296.26K |
+2.98% |
| 2009-12-31 | ILA107.30 Million ≈ $287.68K |
+9.35% |
| 2008-12-31 | ILA98.13 Million ≈ $263.08K |
-14.09% |
| 2007-12-31 | ILA114.23 Million ≈ $306.24K |
+10.74% |
| 2006-12-31 | ILA103.15 Million ≈ $276.55K |
+37138.99% |
| 2001-12-31 | ILA277.00K ≈ $742.63 |
+112.53% |
| 2000-12-31 | ILA-2.21 Million ≈ $-5.93K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to I.E.S Holdings 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 156901500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA1.57 Billion | 86.41% |
| Common Stock | ILA16.02 Million | 0.88% |
| Other Components | ILA230.83 Million | 12.71% |
| Total Equity | ILA1.82 Billion | 100.00% |
I.E.S Holdings Ltd Competitors by Market Cap
The table below lists competitors of I.E.S Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Systex Corp
TW:6214
|
$1.02 Billion |
|
Elopak AS
OL:ELO
|
$1.02 Billion |
|
Bafang Electric Suzhou Co Ltd
SHG:603489
|
$1.02 Billion |
|
Supalai Public Company Limited
BK:SPALI-R
|
$1.02 Billion |
|
Blue Square Real Estate Ltd
TA:BLSR
|
$1.02 Billion |
|
Genco Shipping & Trading Ltd
NYSE:GNK
|
$1.02 Billion |
|
Axis Real Estate Investment Trust
KLSE:5106
|
$1.02 Billion |
|
Aussie Broadband Ltd
AU:ABB
|
$1.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in I.E.S Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,633,656,000 to 1,815,869,000, a change of 182,213,000 (11.2%).
- Net income of 221,283,000 contributed positively to equity growth.
- Share repurchases of 39,070,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA221.28 Million | +12.19% |
| Share Repurchases | ILA39.07 Million | -2.15% |
| Total Change | ILA- | 11.15% |
Book Value vs Market Value Analysis
This analysis compares I.E.S Holdings 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: 212.36x
- 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 3419.93x to 212.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ILA20.22 | ILA69160.00 | x |
| 2007-12-31 | ILA21.27 | ILA69160.00 | x |
| 2008-12-31 | ILA17.87 | ILA69160.00 | x |
| 2012-12-31 | ILA67.70 | ILA69160.00 | x |
| 2013-12-31 | ILA72.84 | ILA69160.00 | x |
| 2014-12-31 | ILA76.81 | ILA69160.00 | x |
| 2015-12-31 | ILA77.36 | ILA69160.00 | x |
| 2016-12-31 | ILA82.48 | ILA69160.00 | x |
| 2017-12-31 | ILA108.11 | ILA69160.00 | x |
| 2018-12-31 | ILA116.88 | ILA69160.00 | x |
| 2019-12-31 | ILA138.76 | ILA69160.00 | x |
| 2020-12-31 | ILA143.85 | ILA69160.00 | x |
| 2021-12-31 | ILA209.18 | ILA69160.00 | x |
| 2022-12-31 | ILA249.21 | ILA69160.00 | x |
| 2023-12-31 | ILA258.77 | ILA69160.00 | x |
| 2024-12-31 | ILA285.71 | ILA69160.00 | x |
| 2025-12-31 | ILA325.67 | ILA69160.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently I.E.S Holdings 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): 12.19%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 346.96%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.20x
- Recent ROE (12.19%) is above the historical average (10.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 5.22% | 15.67% | 0.14x | 2.33x | ILA-4.83 Million |
| 2007 | 21.09% | 241.20% | 0.04x | 2.22x | ILA12.29 Million |
| 2008 | -11.71% | -15.85% | 0.30x | 2.44x | ILA-20.01 Million |
| 2009 | 16.50% | 23.32% | 0.33x | 2.12x | ILA6.47 Million |
| 2010 | 6.00% | 10.13% | 0.29x | 2.03x | ILA-3.99 Million |
| 2011 | 23.90% | 98.96% | 0.16x | 1.54x | ILA42.82 Million |
| 2012 | 6.70% | 32.06% | 0.15x | 1.36x | ILA-10.51 Million |
| 2013 | 12.36% | 59.91% | 0.15x | 1.40x | ILA8.31 Million |
| 2014 | 7.00% | 36.35% | 0.14x | 1.37x | ILA-11.07 Million |
| 2015 | 6.44% | 37.47% | 0.13x | 1.36x | ILA-13.13 Million |
| 2016 | 6.87% | 56.32% | 0.09x | 1.34x | ILA-12.23 Million |
| 2017 | 15.17% | 199.70% | 0.06x | 1.31x | ILA26.63 Million |
| 2018 | 12.59% | 130.97% | 0.08x | 1.23x | ILA15.04 Million |
| 2019 | 10.72% | 199.00% | 0.04x | 1.21x | ILA5.10 Million |
| 2020 | 6.26% | 118.33% | 0.04x | 1.20x | ILA-28.39 Million |
| 2021 | 29.07% | 724.89% | 0.03x | 1.22x | ILA214.54 Million |
| 2022 | 15.75% | 500.90% | 0.03x | 1.21x | ILA83.04 Million |
| 2023 | 4.37% | 126.46% | 0.03x | 1.21x | ILA-84.58 Million |
| 2024 | 9.42% | 278.77% | 0.03x | 1.21x | ILA-9.53 Million |
| 2025 | 12.19% | 346.96% | 0.03x | 1.20x | ILA39.70 Million |
Industry Comparison
This section compares I.E.S Holdings Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,781,204,100
- Average return on equity (ROE) among peers: 8.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| I.E.S Holdings Ltd (IES) | ILA1.82 Billion | 5.22% | 0.20x | $1.02 Billion |
| Adgar Investments and Development Ltd (ADGR) | $840.11 Million | 4.73% | 3.66x | $195.56 Million |
| Afi Properties Ltd (AFPR) | $2.81 Billion | 12.01% | 1.96x | $2.02 Billion |
| Alony Hetz Properties and Investments Ltd (ALHE) | $3.00 Billion | 12.64% | 2.03x | $1.96 Billion |
| Amot Investments Ltd (AMOT) | $2.38 Billion | 6.01% | 1.89x | $2.44 Billion |
| Argo Properties NV (ARGO) | $330.24 Million | -13.17% | 1.14x | $774.79 Million |
| Ari Real Estate Arena Investment Ltd (ARIN) | $74.30 Million | 17.90% | 10.34x | $554.76 Million |
| Airport City Ltd (ARPT) | $48.96 Million | 17.49% | 16.33x | $1.51 Billion |
| Aspen Group Ltd (ASGR) | $527.80 Million | 6.63% | 3.58x | $107.58 Million |
| ES Australia Israel Holdings Ltd (AUIS) | $107.04 Million | 4.04% | 0.01x | $14.36 Million |
| Azrieli Group Ltd (AZRG) | $7.69 Billion | 12.43% | 1.23x | $13.45 Billion |
About I.E.S Holdings Ltd
I.E.S Holdings Ltd primarily engages in the real estate business in Israel and internationally. It develops and invests in real estate properties, including infrastructure and aviation projects. The company was incorporated in 1987 and is based in Tel Aviv-Yafo, Israel.