Kardan Israel Ltd

TA:KRDI Israel Real Estate Services
Market Cap
$214.59 Million
ILA80.04 Billion ILA
Market Cap Rank
#33918 Global
#181 in Israel
Share Price
ILA546.00
Change (1 day)
+4.00%
52-Week Range
ILA307.00 - ILA570.00
All Time High
ILA570.00
Categories
Companies in Israel Real Estate Services
About

Kardan Israel Ltd, through its subsidiaries, engages in the real estate business in Israel. It locates, initiates, and develops residential buildings in Israel for sale; demolishes and rebuilds properties for urban renewal; develops, sells, and rents office buildings and commercial areas; and invests in real estate properties. The company also provides contractor services for the construction of … Read more

Kardan Israel Ltd (KRDI) - Net Assets

Latest net assets as of September 2025: ILA899.92 Million ILA

Based on the latest financial reports, Kardan Israel Ltd (KRDI) has net assets worth ILA899.92 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 (ILA2.73 Billion) and total liabilities (ILA1.83 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 ILA899.92 Million
% of Total Assets 32.98%
Annual Growth Rate 5.59%
5-Year Change 53.11%
10-Year Change 47.78%
Growth Volatility 10.38

Kardan Israel Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Kardan Israel 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 Kardan Israel Ltd (2012–2024)

The table below shows the annual net assets of Kardan Israel Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 ILA862.78 Million +3.98%
2023-12-31 ILA829.75 Million +6.22%
2022-12-31 ILA781.18 Million +21.75%
2021-12-31 ILA641.63 Million +13.87%
2020-12-31 ILA563.49 Million +5.61%
2019-12-31 ILA533.58 Million -13.22%
2018-12-31 ILA614.83 Million +1.66%
2017-12-31 ILA604.76 Million -12.96%
2016-12-31 ILA694.78 Million +19.00%
2015-12-31 ILA583.83 Million +5.85%
2014-12-31 ILA551.55 Million +13.58%
2013-12-31 ILA485.59 Million +8.12%
2012-12-31 ILA449.11 Million --

Equity Component Analysis

This analysis shows how different components contribute to Kardan Israel 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 72208200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ILA522.14 Million 94.45%
Common Stock ILA1.47 Million 0.27%
Other Components ILA29.18 Million 5.28%
Total Equity ILA552.79 Million 100.00%

Kardan Israel Ltd Competitors by Market Cap

The table below lists competitors of Kardan Israel Ltd ranked by their market capitalization.

Company Market Cap
Vineet Laboratories Limited
NSE:VINEETLAB
 		$2.24 Million
Inomin Mines Inc
V:MINE
 		$2.24 Million
Transwarranty Finance Limited
NSE:TFL
 		$2.24 Million
Recrusul S/A
SA:RCSL3
 		$2.24 Million
Prospech Ltd
AU:PRS
 		$2.24 Million
Meihua International Medical Technologies Co Ltd
NASDAQ:MHUA
 		$2.24 Million
GENMAB (GE9.SG)
STU:GE9
 		$2.24 Million
Tangelo Games Corp
V:GEL
 		$2.24 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kardan Israel Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 527,945,000 to 552,794,000, a change of 24,849,000 (4.7%).
  • Net income of 28,592,000 contributed positively to equity growth.
  • Share repurchases of 2,097,000 reduced equity.
  • New share issuances of 1,318,000 increased equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA28.59 Million +5.17%
Share Repurchases ILA2.10 Million -0.38%
Share Issuances ILA1.32 Million +0.24%
Other Changes ILA-2.96 Million -0.54%
Total Change ILA- 4.71%

Book Value vs Market Value Analysis

This analysis compares Kardan Israel 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: 144.97x
  • 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 14545.77x to 144.97x 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 ILA0.04 ILA546.00 x
2013-12-31 ILA0.04 ILA546.00 x
2014-12-31 ILA0.05 ILA546.00 x
2015-12-31 ILA0.05 ILA546.00 x
2016-12-31 ILA3.69 ILA546.00 x
2017-12-31 ILA2.58 ILA546.00 x
2018-12-31 ILA2.76 ILA546.00 x
2019-12-31 ILA2.20 ILA546.00 x
2020-12-31 ILA2.25 ILA546.00 x
2021-12-31 ILA2.69 ILA546.00 x
2022-12-31 ILA3.33 ILA546.00 x
2023-12-31 ILA3.58 ILA546.00 x
2024-12-31 ILA3.77 ILA546.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kardan Israel 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): 5.17%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.00%
  • • Asset Turnover: 0.24x
  • • Equity Multiplier: 4.23x
  • Recent ROE (5.17%) is below the historical average (7.43%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 -43.73% -23.52% 0.29x 6.32x ILA-163.70 Million
2013 3.28% 1.39% 0.46x 5.15x ILA-22.30 Million
2014 16.16% 8.50% 0.53x 3.58x ILA25.90 Million
2015 5.09% 4.12% 0.35x 3.49x ILA-20.59 Million
2016 15.97% 13.43% 0.48x 2.48x ILA32.48 Million
2017 12.34% 10.22% 0.42x 2.88x ILA8.90 Million
2018 5.28% 4.71% 0.42x 2.66x ILA-19.18 Million
2019 7.58% 6.59% 0.34x 3.36x ILA-7.85 Million
2020 9.30% 6.73% 0.40x 3.42x ILA-2.40 Million
2021 22.79% 13.83% 0.45x 3.65x ILA50.66 Million
2022 30.47% 24.38% 0.30x 4.16x ILA101.64 Million
2023 6.91% 6.01% 0.28x 4.16x ILA-16.30 Million
2024 5.17% 5.00% 0.24x 4.23x ILA-26.69 Million

Industry Comparison

This section compares Kardan Israel 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: $2,867,280,000
  • Average return on equity (ROE) among peers: 8.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Kardan Israel Ltd (KRDI) ILA899.92 Million -43.73% 2.03x $2.24 Million
Adgar Investments and Development Ltd (ADGR) $835.73 Million 9.05% 3.22x $2.29 Million
Afi Properties Ltd (AFPR) $4.49 Billion 17.55% 2.13x $28.31 Million
Alony Hetz Properties and Investments Ltd (ALHE) $6.06 Billion 9.04% 1.57x $21.23 Million
Amot Investments Ltd (AMOT) $7.60 Billion 12.26% 1.31x $30.57 Million
Argo Properties NV (ARGO) $231.84 Million 9.77% 0.49x $7.87 Million
Ari Real Estate Arena Investment Ltd (ARIN) $272.87 Million -30.38% 4.24x $4.57 Million
ES Australia Israel Holdings Ltd (AUIS) $100.51 Million -2.75% 0.01x $149.05K
Brack Capit N V (BCNV) $454.10 Million 13.97% 1.82x $4.13 Million
Big Shopping Centers Ltd (BIG) $8.57 Billion 12.23% 2.14x $52.08 Million
Buligo Capital Ltd (BLGO) $60.63 Million 31.49% 0.06x $1.27 Million