Knafaim
Knafaim Holdings Ltd., through its subsidiaries, operates in the aviation industry worldwide. The company operates flights on various routes, and provides duty-free products, preparing and supplying passenger catering, various security services, and ongoing and general maintenance services for civilian passenger and cargo aircraft, as well as manages travel agencies. It also engages in the purcha… Read more
Knafaim (KNFM) - Net Assets
Latest net assets as of September 2025: ILA385.83 Million ILA
Based on the latest financial reports, Knafaim (KNFM) has net assets worth ILA385.83 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 (ILA573.05 Million) and total liabilities (ILA187.22 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 | ILA385.83 Million |
| % of Total Assets | 67.33% |
| Annual Growth Rate | -6.38% |
| 5-Year Change | -7.65% |
| 10-Year Change | -55.28% |
| Growth Volatility | 46.2 |
Knafaim - Net Assets Trend (2000–2024)
This chart illustrates how Knafaim's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Knafaim (2000–2024)
The table below shows the annual net assets of Knafaim from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA96.94 Million | +28.53% |
| 2023-12-31 | ILA75.42 Million | +13.20% |
| 2022-12-31 | ILA66.63 Million | +8.74% |
| 2021-12-31 | ILA61.28 Million | -41.63% |
| 2020-12-31 | ILA104.98 Million | -57.55% |
| 2019-12-31 | ILA247.33 Million | -19.72% |
| 2018-12-31 | ILA308.08 Million | -9.75% |
| 2017-12-31 | ILA341.34 Million | +5.14% |
| 2016-12-31 | ILA324.67 Million | +49.75% |
| 2015-12-31 | ILA216.80 Million | +76.95% |
| 2014-12-31 | ILA122.52 Million | -34.53% |
| 2013-12-31 | ILA187.15 Million | +43.63% |
| 2012-12-31 | ILA130.29 Million | -15.04% |
| 2011-12-31 | ILA153.36 Million | -38.77% |
| 2010-12-31 | ILA250.45 Million | +107.05% |
| 2009-12-31 | ILA120.96 Million | -80.73% |
| 2008-12-31 | ILA627.66 Million | -45.65% |
| 2007-12-31 | ILA1.15 Billion | +19.11% |
| 2006-12-31 | ILA969.57 Million | +69.24% |
| 2002-12-31 | ILA572.91 Million | +7.52% |
| 2001-12-31 | ILA532.84 Million | +12.82% |
| 2000-12-31 | ILA472.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Knafaim'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 88.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA23.90 Million | 30.49% |
| Common Stock | ILA5.35 Million | 6.82% |
| Other Components | ILA49.14 Million | 62.69% |
| Total Equity | ILA78.39 Million | 100.00% |
Knafaim Competitors by Market Cap
The table below lists competitors of Knafaim ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Immersion SA
PA:ALIMR
|
$792.66K |
|
SHAREHOLD VAL BET N (SVE.SG)
STU:SVE
|
$793.69K |
|
Uniserve Communications Corporation
PINK:USSHF
|
$794.05K |
|
Suncliff Inc
PINK:SCLF
|
$795.93K |
|
Inspire Semiconductor Holdings Inc.
PINK:INSSF
|
$791.61K |
|
Manhattan Corporation Limited
PINK:MHTZF
|
$790.83K |
|
NEX Metals Exploration Ltd
AU:NME
|
$790.81K |
|
Acuity RM Group Plc
F:BJZ0
|
$790.53K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Knafaim's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 58,945,000 to 78,393,000, a change of 19,448,000 (33.0%).
- Net income of 22,550,000 contributed positively to equity growth.
- Dividend payments of 3,470,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA22.55 Million | +28.77% |
| Dividends Paid | ILA3.47 Million | -4.43% |
| Other Changes | ILA368.00K | +0.47% |
| Total Change | ILA- | 32.99% |
Book Value vs Market Value Analysis
This analysis compares Knafaim'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: 361.70x
- 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 564.69x to 361.70x 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 | ILA3.07 | ILA1735.00 | x |
| 2013-12-31 | ILA4.50 | ILA1735.00 | x |
| 2014-12-31 | ILA3.08 | ILA1735.00 | x |
| 2015-12-31 | ILA5.74 | ILA1735.00 | x |
| 2016-12-31 | ILA8.63 | ILA1735.00 | x |
| 2017-12-31 | ILA7.96 | ILA1735.00 | x |
| 2018-12-31 | ILA7.69 | ILA1735.00 | x |
| 2019-12-31 | ILA6.76 | ILA1735.00 | x |
| 2020-12-31 | ILA4.70 | ILA1735.00 | x |
| 2021-12-31 | ILA2.55 | ILA1735.00 | x |
| 2022-12-31 | ILA2.98 | ILA1735.00 | x |
| 2023-12-31 | ILA3.61 | ILA1735.00 | x |
| 2024-12-31 | ILA4.80 | ILA1735.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Knafaim 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): 28.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 78.96%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 2.14x
- Recent ROE (28.77%) is above the historical average (0.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.32% | 3.44% | 0.55x | 4.38x | ILA-6.61 Million |
| 2001 | 4.71% | 2.50% | 0.45x | 4.14x | ILA-23.29 Million |
| 2007 | 22.79% | 1.10% | 1.06x | 19.57x | ILA50.72 Million |
| 2010 | 28.81% | 1.36% | 1.01x | 21.04x | ILA18.33 Million |
| 2012 | -6.46% | -0.14% | 1.13x | 41.22x | ILA-7.38 Million |
| 2013 | 17.52% | 0.54% | 1.14x | 28.31x | ILA5.08 Million |
| 2014 | -7.71% | -0.18% | 1.12x | 39.31x | ILA-8.64 Million |
| 2015 | 47.01% | 2.06% | 1.02x | 22.35x | ILA34.32 Million |
| 2016 | 26.09% | 1.74% | 0.99x | 15.10x | ILA22.67 Million |
| 2017 | -0.85% | -0.05% | 0.94x | 17.92x | ILA-13.87 Million |
| 2018 | -4.09% | -0.23% | 0.89x | 19.90x | ILA-17.47 Million |
| 2019 | -50.56% | -2.48% | 0.59x | 34.72x | ILA-65.96 Million |
| 2020 | -26.62% | -57.88% | 0.14x | 3.39x | ILA-28.08 Million |
| 2021 | -102.43% | -152.07% | 0.11x | 6.06x | ILA-46.79 Million |
| 2022 | 6.93% | 11.51% | 0.14x | 4.26x | ILA-1.49 Million |
| 2023 | 24.28% | 51.40% | 0.15x | 3.07x | ILA8.42 Million |
| 2024 | 28.77% | 78.96% | 0.17x | 2.14x | ILA14.71 Million |
Industry Comparison
This section compares Knafaim's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $14,813,000
- Average return on equity (ROE) among peers: -122.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Knafaim (KNFM) | ILA385.83 Million | 8.32% | 0.49x | $791.64K |
| Israir Group Ltd (ISRG) | $14.81 Million | -122.05% | 16.25x | $149.84 Million |