Kardan Israel Ltd (KRDI) - Net Assets
Based on the latest financial reports, Kardan Israel Ltd (KRDI) has net assets worth ILA936.30 Million ILA (≈ $2.51 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA3.27 Billion ≈ $8.75 Million USD) and total liabilities (ILA2.33 Billion ≈ $6.24 Million 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 Kardan Israel Ltd (KRDI) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA936.30 Million |
| % of Total Assets | 28.67% |
| Annual Growth Rate | 6.0% |
| 5-Year Change | 49.22% |
| 10-Year Change | 37.81% |
| Growth Volatility | 10.05 |
Kardan Israel Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Kardan Israel Ltd's net assets have evolved over time, based on quarterly financial data. Check Kardan Israel Ltd (KRDI) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Kardan Israel Ltd (2012–2025)
The table below shows the annual net assets of Kardan Israel Ltd from 2012 to 2025. For live valuation and market cap data, see how much is Kardan Israel Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA957.46 Million ≈ $2.57 Million |
+10.97% |
| 2024-12-31 | ILA862.78 Million ≈ $2.31 Million |
+3.98% |
| 2023-12-31 | ILA829.75 Million ≈ $2.22 Million |
+6.22% |
| 2022-12-31 | ILA781.18 Million ≈ $2.09 Million |
+21.75% |
| 2021-12-31 | ILA641.63 Million ≈ $1.72 Million |
+13.87% |
| 2020-12-31 | ILA563.49 Million ≈ $1.51 Million |
+5.61% |
| 2019-12-31 | ILA533.58 Million ≈ $1.43 Million |
-13.22% |
| 2018-12-31 | ILA614.83 Million ≈ $1.65 Million |
+1.66% |
| 2017-12-31 | ILA604.76 Million ≈ $1.62 Million |
-12.96% |
| 2016-12-31 | ILA694.78 Million ≈ $1.86 Million |
+19.00% |
| 2015-12-31 | ILA583.83 Million ≈ $1.57 Million |
+5.85% |
| 2014-12-31 | ILA551.55 Million ≈ $1.48 Million |
+13.58% |
| 2013-12-31 | ILA485.59 Million ≈ $1.30 Million |
+8.12% |
| 2012-12-31 | ILA449.11 Million ≈ $1.20 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 64772500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA447.78 Million | 68.97% |
| Common Stock | ILA2.37 Million | 0.37% |
| Other Comprehensive Income | ILA60.08 Million | 9.25% |
| Other Components | ILA138.96 Million | 21.41% |
| Total Equity | ILA649.20 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 |
|---|---|
|
Spok Holdings Inc
NASDAQ:SPOK
|
$227.46 Million |
|
Flexsteel Industries Inc
NASDAQ:FLXS
|
$227.58 Million |
|
Capricor Therapeutics Inc
NASDAQ:CAPR
|
$227.59 Million |
|
Brainchip Holdings Ltd
AU:BRN
|
$227.69 Million |
|
Arqit Quantum Inc.
NASDAQ:ARQQ
|
$227.45 Million |
|
RF Capital Group Inc
TO:RCG
|
$227.36 Million |
|
Gladiator Metals Corp
V:GLAD
|
$227.36 Million |
|
PennantPark Investment Corporation
NYSE:PNNT
|
$227.23 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 2024 to 2025, total equity changed from 552,794,000 to 649,197,000, a change of 96,403,000 (17.4%).
- Net income of 96,790,000 contributed positively to equity growth.
- Share repurchases of 2,980,000 reduced equity.
- New share issuances of 2,217,000 increased equity.
- Other comprehensive income increased equity by 1,057,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA96.79 Million | +14.91% |
| Share Repurchases | ILA2.98 Million | -0.46% |
| Share Issuances | ILA2.22 Million | +0.34% |
| Other Comprehensive Income | ILA1.06 Million | +0.16% |
| Other Changes | ILA-681.00K | -0.1% |
| Total Change | ILA- | 17.44% |
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: 129.16x
- 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 15238.43x to 129.16x 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 | ILA572.00 | x |
| 2013-12-31 | ILA0.04 | ILA572.00 | x |
| 2014-12-31 | ILA0.05 | ILA572.00 | x |
| 2015-12-31 | ILA0.05 | ILA572.00 | x |
| 2016-12-31 | ILA3.69 | ILA572.00 | x |
| 2017-12-31 | ILA2.58 | ILA572.00 | x |
| 2018-12-31 | ILA2.76 | ILA572.00 | x |
| 2019-12-31 | ILA2.20 | ILA572.00 | x |
| 2020-12-31 | ILA2.25 | ILA572.00 | x |
| 2021-12-31 | ILA2.69 | ILA572.00 | x |
| 2022-12-31 | ILA3.33 | ILA572.00 | x |
| 2023-12-31 | ILA3.58 | ILA572.00 | x |
| 2024-12-31 | ILA3.77 | ILA572.00 | x |
| 2025-12-31 | ILA4.43 | ILA572.00 | 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): 14.91%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.43%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 5.00x
- Recent ROE (14.91%) is above the historical average (7.97%), indicating improving 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 |
| 2025 | 14.91% | 18.43% | 0.16x | 5.00x | ILA31.87 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: $2,949,069,800
- Average return on equity (ROE) among peers: 2.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kardan Israel Ltd (KRDI) | ILA936.30 Million | -43.73% | 2.49x | $227.45 Million |
| Adgar Investments and Development Ltd (ADGR) | $830.85 Million | 6.93% | 3.64x | $191.46 Million |
| Afi Properties Ltd (AFPR) | $4.29 Billion | 0.45% | 1.99x | $2.02 Billion |
| Alony Hetz Properties and Investments Ltd (ALHE) | $148.04 Million | 19.85% | 7.97x | $1.89 Billion |
| Amot Investments Ltd (AMOT) | $2.38 Billion | 6.01% | 1.89x | $2.45 Billion |
| Argo Properties NV (ARGO) | $166.42 Million | 11.82% | 0.35x | $714.59 Million |
| Ari Real Estate Arena Investment Ltd (ARIN) | $269.80 Million | -43.11% | 4.59x | $470.71 Million |
| Airport City Ltd (ARPT) | $7.74 Billion | 13.81% | 0.93x | $1.49 Billion |
| Aspen Group Ltd (ASGR) | $207.39 Million | 0.00% | 3.05x | $107.73 Million |
| ES Australia Israel Holdings Ltd (AUIS) | $107.97 Million | 5.76% | 0.26x | $13.70 Million |
| Azrieli Group Ltd (AZRG) | $13.35 Billion | 6.36% | 0.91x | $13.51 Billion |
About Kardan Israel Ltd
Kardan Israel Ltd., through its subsidiaries, engages in the real estate business in Israel. The company operates through four segments: Residential Construction; Income-Producing Assets; Construction Work Execution; Server Farm and Logistics Real Estate. It locates, initiates, and develops residential buildings for sale; evacuates and reconstructs properties for urban renewal; and leases office … Read more