Israel Shipyards Ltd
Israel Shipyards Industries Ltd designs, constructs, markets, and sells military and civilian vessels in Israel and internationally. It operates general cargo port that provides loading, discharging, sorting, storage, and transportation services; performs metal works; and imports, produces, markets, and sells cement and construction products, as well as offers vessel building and repair services.… Read more
Israel Shipyards Ltd (ISHI) - Net Assets
Latest net assets as of September 2025: ILA954.52 Million ILA
Based on the latest financial reports, Israel Shipyards Ltd (ISHI) has net assets worth ILA954.52 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 (ILA2.16 Billion) and total liabilities (ILA1.20 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 | ILA954.52 Million |
| % of Total Assets | 44.23% |
| Annual Growth Rate | 18.59% |
| 5-Year Change | 28.65% |
| 10-Year Change | N/A |
| Growth Volatility | 36.07 |
Israel Shipyards Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Israel Shipyards 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 Israel Shipyards Ltd (2018–2024)
The table below shows the annual net assets of Israel Shipyards Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA968.64 Million | +3.75% |
| 2023-12-31 | ILA933.62 Million | +8.05% |
| 2022-12-31 | ILA864.09 Million | +14.45% |
| 2021-12-31 | ILA755.01 Million | +0.28% |
| 2020-12-31 | ILA752.94 Million | +102.73% |
| 2019-12-31 | ILA371.40 Million | +6.67% |
| 2018-12-31 | ILA348.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Israel Shipyards 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 36704100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA428.25 Million | 44.52% |
| Other Components | ILA888.67 Million | 92.39% |
| Total Equity | ILA961.89 Million | 100.00% |
Israel Shipyards Ltd Competitors by Market Cap
The table below lists competitors of Israel Shipyards Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
G11 Resources Ltd
AU:G11
|
$10.67 Million |
|
WELUF
PINK:WELUF
|
$10.67 Million |
|
GreenPro Capital Corp
NASDAQ:GRNQ
|
$10.68 Million |
|
Stabilis Solutions Inc
NASDAQ:SLNG
|
$10.68 Million |
|
Northern Graphite Corporation
OTCQB:NGPHF
|
$10.66 Million |
|
Compass Digital Acquisition Corp
NASDAQ:CDAQ
|
$10.65 Million |
|
TISCALI SPA
F:TIQ
|
$10.65 Million |
|
SWIFT ENERGY TECHNOLOGY BERHAD
KLSE:0337
|
$10.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Israel Shipyards Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 927,198,000 to 961,892,000, a change of 34,694,000 (3.7%).
- Net income of 65,685,000 contributed positively to equity growth.
- Dividend payments of 30,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA65.69 Million | +6.83% |
| Dividends Paid | ILA30.00 Million | -3.12% |
| Other Changes | ILA-991.00K | -0.1% |
| Total Change | ILA- | 3.74% |
Book Value vs Market Value Analysis
This analysis compares Israel Shipyards 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: 420.79x
- 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 1217.56x to 420.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ILA13.30 | ILA16190.00 | x |
| 2019-12-31 | ILA13.91 | ILA16190.00 | x |
| 2020-12-31 | ILA33.75 | ILA16190.00 | x |
| 2021-12-31 | ILA30.00 | ILA16190.00 | x |
| 2022-12-31 | ILA34.29 | ILA16190.00 | x |
| 2023-12-31 | ILA37.09 | ILA16190.00 | x |
| 2024-12-31 | ILA38.48 | ILA16190.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Israel Shipyards 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): 6.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.02%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.74x
- Recent ROE (6.83%) is below the historical average (12.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 14.68% | 6.20% | 0.82x | 2.88x | ILA15.55 Million |
| 2019 | 17.22% | 8.08% | 0.74x | 2.90x | ILA25.11 Million |
| 2020 | 9.72% | 9.23% | 0.55x | 1.91x | ILA-2.02 Million |
| 2021 | 12.49% | 9.91% | 0.64x | 1.97x | ILA18.68 Million |
| 2022 | 14.74% | 8.56% | 0.93x | 1.86x | ILA40.67 Million |
| 2023 | 10.43% | 6.32% | 0.88x | 1.88x | ILA4.03 Million |
| 2024 | 6.83% | 5.02% | 0.78x | 1.74x | ILA-30.50 Million |
Industry Comparison
This section compares Israel Shipyards Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $95,506,889
- Average return on equity (ROE) among peers: 7.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Israel Shipyards Ltd (ISHI) | ILA954.52 Million | 14.68% | 1.26x | $10.66 Million |
| Aryt Industries Ltd (ARYT) | $65.84 Million | 33.90% | 0.24x | $16.34 Million |
| Ashot Ashkelon Industries Ltd (ASHO) | $242.76 Million | -0.52% | 1.59x | $7.52 Million |
| Bet Shemesh Engines Holdings 1997 Ltd (BSEN) | $57.92 Million | 15.48% | 0.67x | $18.49 Million |
| FMS Enterprises Migun Ltd (FBRT) | $86.78 Million | 30.87% | 0.20x | $6.04 Million |
| Global Knafaim Leasing Ltd (GKL) | $99.81 Million | 0.00% | 2.31x | $340.63K |
| IMCO Industries Ltd (IMCO) | $108.93 Million | 8.26% | 0.41x | $1.17 Million |
| Imagesat International ISI Ltd (ISI) | $167.26 Million | 2.79% | 0.61x | $2.86 Million |
| RSL Electronics Ltd (RSEL) | $12.96 Million | -17.49% | 0.79x | $402.74K |
| TAT Technologies Ltd (TATT) | $17.30 Million | -2.31% | 0.24x | $5.58 Million |