Knafaim Net Assets

Latest as of September 2025: ILA385.83 Million ILA ≈ $1.03 Million USD

Knafaim net assets. Based on the latest financial reports, Knafaim (KNFM) has net assets worth ILA385.83 Million ILA (≈ $1.03 Million USD) 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 ≈ $1.54 Million USD) and total liabilities (ILA187.22 Million ≈ $501.92K 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 Knafaim equity growth rate to track the company's year-over-year net asset growth rate.

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

Net Assets of Knafaim (2000–2024)

Net assets of Knafaim from 2000 to 2024. This chart illustrates how Knafaim's net assets have evolved over time, based on quarterly financial data. See Knafaim (KNFM) net asset quality to measure how much of total assets are equity-financed.

Annual Net Assets for Knafaim (2000–2024)

The table below shows the annual net assets of Knafaim from 2000 to 2024. For live market cap and overall valuation, see market value of Knafaim.

Year	Net Assets	Change
2024-12-31	ILA96.94 Million ≈ $259.90K	+28.53%
2023-12-31	ILA75.42 Million ≈ $202.21K	+13.20%
2022-12-31	ILA66.63 Million ≈ $178.63K	+8.74%
2021-12-31	ILA61.28 Million ≈ $164.28K	-41.63%
2020-12-31	ILA104.98 Million ≈ $281.45K	-57.55%
2019-12-31	ILA247.33 Million ≈ $663.08K	-19.72%
2018-12-31	ILA308.08 Million ≈ $825.94K	-9.75%
2017-12-31	ILA341.34 Million ≈ $915.13K	+5.14%
2016-12-31	ILA324.67 Million ≈ $870.43K	+49.75%
2015-12-31	ILA216.80 Million ≈ $581.24K	+76.95%
2014-12-31	ILA122.52 Million ≈ $328.47K	-34.53%
2013-12-31	ILA187.15 Million ≈ $501.74K	+43.63%
2012-12-31	ILA130.29 Million ≈ $349.32K	-15.04%
2011-12-31	ILA153.36 Million ≈ $411.16K	-38.77%
2010-12-31	ILA250.45 Million ≈ $671.45K	+107.05%
2009-12-31	ILA120.96 Million ≈ $324.30K	-80.73%
2008-12-31	ILA627.66 Million ≈ $1.68 Million	-45.65%
2007-12-31	ILA1.15 Billion ≈ $3.10 Million	+19.11%
2006-12-31	ILA969.57 Million ≈ $2.60 Million	+69.24%
2002-12-31	ILA572.91 Million ≈ $1.54 Million	+7.52%
2001-12-31	ILA532.84 Million ≈ $1.43 Million	+12.82%
2000-12-31	ILA472.30 Million ≈ $1.27 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.

Knafaim Net Assets Breakdown (December 2024)

Knafaim net assets breakdown by equity component as of 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
ULMA Construccion Polska SA WAR:ULM	$75.94 Million
Song Shang Electronics Co Ltd TWO:6156	$75.96 Million
Arq Inc NASDAQ:ARQ	$75.98 Million
Canna Global Acquisition Corp NYSE:CNGL	$76.02 Million
Laster Tech Corp Ltd TW:3346	$75.91 Million
Central Proteina Prima Tbk JK:CPRO	$75.89 Million
Renergen Ltd. JSE:REN	$75.87 Million
Bank Victoria International JK:BVIC	$75.86 Million

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: 361.29x
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 564.04x to 361.29x 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	ILA1733.00	x
2013-12-31	ILA4.50	ILA1733.00	x
2014-12-31	ILA3.08	ILA1733.00	x
2015-12-31	ILA5.74	ILA1733.00	x
2016-12-31	ILA8.63	ILA1733.00	x
2017-12-31	ILA7.96	ILA1733.00	x
2018-12-31	ILA7.69	ILA1733.00	x
2019-12-31	ILA6.76	ILA1733.00	x
2020-12-31	ILA4.70	ILA1733.00	x
2021-12-31	ILA2.55	ILA1733.00	x
2022-12-31	ILA2.98	ILA1733.00	x
2023-12-31	ILA3.61	ILA1733.00	x
2024-12-31	ILA4.80	ILA1733.00	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: $527,500,000
Average return on equity (ROE) among peers: 102.64%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Knafaim (KNFM)	ILA385.83 Million	8.32%	0.49x	$75.92 Million
El Al Israel Airlines Ltd (ELAL)	$527.50 Million	102.64%	7.30x	$2.83 Billion

About Knafaim

TA:KNFM Israel Airlines

Market Cap

$75.92 Million

ILA28.32 Billion ILA

Market Cap Rank

#20085 Global

#256 in Israel

Share Price

ILA1733.00

Change (1 day)

-7.13%

52-Week Range

ILA1538.00 - ILA2154.00

All Time High

ILA3190.88