Lapidoth
Lapidoth Capital Ltd, together with its subsidiaries, provides drilling and related services in Israel, Romania, the United States, Poland, rest of Europe, and internationally. It operates through Dania, AFI Residences, Sunny Communications, and Other Activities segments. The company engages in the design and operation of onshore oil, gas, and water drilling and production activities; and provisi… Read more
Lapidoth (LAPD) - Net Assets
Latest net assets as of September 2025: ILA3.95 Billion ILA
Based on the latest financial reports, Lapidoth (LAPD) has net assets worth ILA3.95 Billion ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA8.95 Billion) and total liabilities (ILA5.00 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 | ILA3.95 Billion |
| % of Total Assets | 44.09% |
| Annual Growth Rate | 18.92% |
| 5-Year Change | 130.63% |
| 10-Year Change | 873.06% |
| Growth Volatility | 36.92 |
Lapidoth - Net Assets Trend (2009–2024)
This chart illustrates how Lapidoth's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lapidoth (2009–2024)
The table below shows the annual net assets of Lapidoth from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA3.69 Billion | +20.37% |
| 2023-12-31 | ILA3.07 Billion | +8.06% |
| 2022-12-31 | ILA2.84 Billion | +16.05% |
| 2021-12-31 | ILA2.44 Billion | +52.79% |
| 2020-12-31 | ILA1.60 Billion | +150.31% |
| 2019-12-31 | ILA639.27 Million | +2.35% |
| 2018-12-31 | ILA624.61 Million | +18.51% |
| 2017-12-31 | ILA527.04 Million | +25.28% |
| 2016-12-31 | ILA420.69 Million | +10.93% |
| 2015-12-31 | ILA379.26 Million | -0.80% |
| 2014-12-31 | ILA382.31 Million | -9.97% |
| 2013-12-31 | ILA424.67 Million | +16.13% |
| 2012-12-31 | ILA365.67 Million | +8.24% |
| 2011-12-31 | ILA337.84 Million | -0.52% |
| 2010-12-31 | ILA339.60 Million | +23.80% |
| 2009-12-31 | ILA274.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lapidoth'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 916.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA1.23 Billion | 52.50% |
| Common Stock | ILA64.31 Million | 2.75% |
| Other Comprehensive Income | ILA58.27 Million | 2.49% |
| Other Components | ILA989.34 Million | 42.26% |
| Total Equity | ILA2.34 Billion | 100.00% |
Lapidoth Competitors by Market Cap
The table below lists competitors of Lapidoth ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
National Capital Bank of Washington
PINK:NACB
|
$15.14 Million |
|
Envoy Medical Inc.
NASDAQ:COCH
|
$15.15 Million |
|
Sewha P&C INC
KQ:252500
|
$15.16 Million |
|
Samwon Steel
KO:023000
|
$15.16 Million |
|
GoHealth Inc.
NASDAQ:GOCO
|
$15.14 Million |
|
Luks Kadife Ticaret ve Sanayi AS
IS:LUKSK
|
$15.14 Million |
|
Madame Bioscience Public Company Limited
BK:MADAME
|
$15.14 Million |
|
Digital Workforce Services Oyj
HE:DWF
|
$15.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lapidoth's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,009,396,000 to 2,340,917,000, a change of 331,521,000 (16.5%).
- Net income of 272,018,000 contributed positively to equity growth.
- Dividend payments of 51,000,000 reduced retained earnings.
- Share repurchases of 7,104,000 reduced equity.
- New share issuances of 337,100,000 increased equity.
- Other comprehensive income increased equity by 113,719,000.
- Other factors decreased equity by 333,212,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA272.02 Million | +11.62% |
| Dividends Paid | ILA51.00 Million | -2.18% |
| Share Repurchases | ILA7.10 Million | -0.3% |
| Share Issuances | ILA337.10 Million | +14.4% |
| Other Comprehensive Income | ILA113.72 Million | +4.86% |
| Other Changes | ILA-333.21 Million | -14.23% |
| Total Change | ILA- | 16.50% |
Book Value vs Market Value Analysis
This analysis compares Lapidoth'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: 265.90x
- 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 1464.15x to 265.90x 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 | ILA6.76 | ILA9896.00 | x |
| 2013-12-31 | ILA7.55 | ILA9896.00 | x |
| 2014-12-31 | ILA7.08 | ILA9896.00 | x |
| 2015-12-31 | ILA7.35 | ILA9896.00 | x |
| 2016-12-31 | ILA7.79 | ILA9896.00 | x |
| 2017-12-31 | ILA8.41 | ILA9896.00 | x |
| 2018-12-31 | ILA9.72 | ILA9896.00 | x |
| 2019-12-31 | ILA10.32 | ILA9896.00 | x |
| 2020-12-31 | ILA15.04 | ILA9896.00 | x |
| 2021-12-31 | ILA24.38 | ILA9896.00 | x |
| 2022-12-31 | ILA35.26 | ILA9896.00 | x |
| 2023-12-31 | ILA32.46 | ILA9896.00 | x |
| 2024-12-31 | ILA37.22 | ILA9896.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lapidoth 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): 11.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.55%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 3.64x
- Recent ROE (11.62%) is below the historical average (15.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 22.00% | 52.11% | 0.31x | 1.37x | ILA29.13 Million |
| 2010 | 17.24% | 55.00% | 0.21x | 1.47x | ILA19.04 Million |
| 2011 | 6.03% | 19.41% | 0.23x | 1.37x | ILA-10.49 Million |
| 2012 | 8.56% | 18.35% | 0.30x | 1.54x | ILA-4.22 Million |
| 2013 | 17.54% | 32.76% | 0.35x | 1.55x | ILA24.62 Million |
| 2014 | -1.75% | -2.43% | 0.44x | 1.64x | ILA-35.22 Million |
| 2015 | 5.80% | 1.84% | 1.17x | 2.69x | ILA-12.73 Million |
| 2016 | 16.74% | 4.27% | 1.64x | 2.39x | ILA21.65 Million |
| 2017 | 15.60% | 3.88% | 1.55x | 2.59x | ILA19.38 Million |
| 2018 | 16.66% | 4.56% | 1.60x | 2.29x | ILA26.64 Million |
| 2019 | 5.75% | 1.76% | 1.26x | 2.58x | ILA-18.23 Million |
| 2020 | 36.86% | 4.83% | 0.80x | 9.51x | ILA197.10 Million |
| 2021 | 30.54% | 6.04% | 0.82x | 6.15x | ILA257.02 Million |
| 2022 | 24.67% | 6.72% | 0.87x | 4.22x | ILA265.49 Million |
| 2023 | 11.95% | 3.34% | 0.94x | 3.80x | ILA39.21 Million |
| 2024 | 11.62% | 3.55% | 0.90x | 3.64x | ILA37.93 Million |
Industry Comparison
This section compares Lapidoth's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $307,588,444
- Average return on equity (ROE) among peers: 12.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lapidoth (LAPD) | ILA3.95 Billion | 22.00% | 1.27x | $15.14 Million |
| Mordechai Aviv Taasiot Beniyah 1973 Ltd (AVIV) | $333.87 Million | 6.94% | 1.92x | $682.31K |
| Danya Cebus (DNYA) | $704.90 Million | 24.87% | 2.26x | $14.03 Million |
| El-Mor Electric Installation & Services 1986 Ltd (ELMR) | $240.69 Million | 12.89% | 1.12x | $1.65 Million |
| Electra Ltd (ELTR) | $196.97 Million | 16.98% | 2.81x | $22.47 Million |
| Levinski Ofer (LEOF) | $16.56 Million | 2.43% | 10.26x | $399.80K |
| Levinstein Eng (LEVI) | $81.36 Million | 13.12% | 4.92x | $7.84 Million |
| Lesico Ltd (LSCO) | $148.54 Million | 10.02% | 1.48x | $534.43K |
| Ludan Engineering Co. Ltd (LUDN) | $70.89 Million | 20.48% | 3.93x | $548.68K |
| Amos Luzon Development and Energy Group Ltd (LUZN) | $974.51 Million | 0.23% | 1.61x | $5.61 Million |