Israel Canada
Pangaea Real-Estate Ltd. is a principal investment firm specializing in investments in real estate. The firm seeks to invest in Europe. Pangaea Real-Estate Ltd. was founded in 2000 and is based in Ramat Gan, Israel.
Israel Canada (ISCN) - Net Assets
Latest net assets as of September 2025: ILA3.58 Billion ILA
Based on the latest financial reports, Israel Canada (ISCN) has net assets worth ILA3.58 Billion ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA12.42 Billion) and total liabilities (ILA8.84 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 | ILA3.58 Billion |
| % of Total Assets | 28.86% |
| Annual Growth Rate | 22.38% |
| 5-Year Change | 154.49% |
| 10-Year Change | 1581.04% |
| Growth Volatility | 34.6 |
Israel Canada - Net Assets Trend (2008–2024)
This chart illustrates how Israel Canada's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Israel Canada (2008–2024)
The table below shows the annual net assets of Israel Canada from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA3.46 Billion | +13.31% |
| 2023-12-31 | ILA3.06 Billion | +3.17% |
| 2022-12-31 | ILA2.96 Billion | +20.48% |
| 2021-12-31 | ILA2.46 Billion | +80.71% |
| 2020-12-31 | ILA1.36 Billion | +37.08% |
| 2019-12-31 | ILA992.47 Million | +19.35% |
| 2018-12-31 | ILA831.59 Million | +9.62% |
| 2017-12-31 | ILA758.64 Million | +123.22% |
| 2016-12-31 | ILA339.86 Million | +65.00% |
| 2015-12-31 | ILA205.97 Million | +18.12% |
| 2014-12-31 | ILA174.37 Million | -15.68% |
| 2013-12-31 | ILA206.81 Million | +0.07% |
| 2012-12-31 | ILA206.67 Million | +27.65% |
| 2011-12-31 | ILA161.90 Million | -0.42% |
| 2010-12-31 | ILA162.57 Million | -3.29% |
| 2009-12-31 | ILA168.10 Million | +22.84% |
| 2008-12-31 | ILA136.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Israel Canada'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 2179.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA1.33 Billion | 53.68% |
| Common Stock | ILA3.23 Million | 0.13% |
| Other Comprehensive Income | ILA37.74 Million | 1.52% |
| Other Components | ILA1.11 Billion | 44.67% |
| Total Equity | ILA2.49 Billion | 100.00% |
Israel Canada Competitors by Market Cap
The table below lists competitors of Israel Canada ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
P.C.S. Machine Group Holding Public Company Limited
BK:PCSGH
|
$20.40 Million |
|
VivoPower International PLC
NASDAQ:VVPR
|
$20.41 Million |
|
Bizim Toptan Satis Magazalari AS
IS:BIZIM
|
$20.41 Million |
|
STX Green Logis Ltd
KO:465770
|
$20.41 Million |
|
West Coast Silver Ltd
AU:WCE
|
$20.39 Million |
|
Greenland Hong Kong Holdings Limited
F:QFRA
|
$20.39 Million |
|
Shane Global Holding Inc
TW:8482
|
$20.39 Million |
|
Finebesteel
KO:133820
|
$20.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Israel Canada's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,229,150,000 to 2,485,995,000, a change of 256,845,000 (11.5%).
- Net income of 206,373,000 contributed positively to equity growth.
- Dividend payments of 25,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 37,743,999.
- Other factors increased equity by 37,728,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA206.37 Million | +8.3% |
| Dividends Paid | ILA25.00 Million | -1.01% |
| Other Comprehensive Income | ILA37.74 Million | +1.52% |
| Other Changes | ILA37.73 Million | +1.52% |
| Total Change | ILA- | 11.52% |
Book Value vs Market Value Analysis
This analysis compares Israel Canada'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: 250.42x
- 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 1441.08x to 250.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ILA1.34 | ILA1930.00 | x |
| 2013-12-31 | ILA1.22 | ILA1930.00 | x |
| 2014-12-31 | ILA0.94 | ILA1930.00 | x |
| 2015-12-31 | ILA1.12 | ILA1930.00 | x |
| 2016-12-31 | ILA1.73 | ILA1930.00 | x |
| 2017-12-31 | ILA2.60 | ILA1930.00 | x |
| 2018-12-31 | ILA2.51 | ILA1930.00 | x |
| 2019-12-31 | ILA2.78 | ILA1930.00 | x |
| 2020-12-31 | ILA3.48 | ILA1930.00 | x |
| 2021-12-31 | ILA6.24 | ILA1930.00 | x |
| 2022-12-31 | ILA7.23 | ILA1930.00 | x |
| 2023-12-31 | ILA7.30 | ILA1930.00 | x |
| 2024-12-31 | ILA7.71 | ILA1930.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Israel Canada 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): 8.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.14%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 4.41x
- Recent ROE (8.30%) is below the historical average (9.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 7.46% | 17.88% | 0.12x | 3.49x | ILA-3.96 Million |
| 2011 | 0.00% | 0.00% | 0.15x | 4.44x | ILA-15.91 Million |
| 2012 | 7.09% | 16.59% | 0.13x | 3.29x | ILA-6.19 Million |
| 2013 | -1.15% | -3.99% | 0.10x | 2.83x | ILA-24.49 Million |
| 2014 | -12.86% | -33.34% | 0.12x | 3.16x | ILA-42.18 Million |
| 2015 | 15.83% | 20.69% | 0.19x | 4.06x | ILA12.80 Million |
| 2016 | 27.29% | 30.56% | 0.28x | 3.16x | ILA60.82 Million |
| 2017 | 17.50% | 47.73% | 0.11x | 3.47x | ILA41.49 Million |
| 2018 | 3.65% | 10.06% | 0.10x | 3.49x | ILA-38.66 Million |
| 2019 | 16.97% | 48.03% | 0.08x | 4.45x | ILA47.24 Million |
| 2020 | 7.96% | 39.70% | 0.04x | 4.47x | ILA-19.60 Million |
| 2021 | 32.57% | 162.71% | 0.04x | 4.66x | ILA395.68 Million |
| 2022 | 12.58% | 17.71% | 0.17x | 4.08x | ILA55.17 Million |
| 2023 | -2.50% | -10.18% | 0.06x | 3.85x | ILA-278.65 Million |
| 2024 | 8.30% | 41.14% | 0.05x | 4.41x | ILA-42.23 Million |
Industry Comparison
This section compares Israel Canada's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $945,865,900
- Average return on equity (ROE) among peers: 15.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Israel Canada (ISCN) | ILA3.58 Billion | 7.46% | 2.47x | $20.40 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 |
| Hagag Europe Development ZF Ltd (HGGE) | $59.68 Million | -9.56% | 1.46x | $2.27 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 |