Lapidoth (LAPD) - Net Assets
Based on the latest financial reports, Lapidoth (LAPD) has net assets worth ILA4.13 Billion ILA (≈ $11.07 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA9.60 Billion ≈ $25.74 Million USD) and total liabilities (ILA5.47 Billion ≈ $14.67 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. See Lapidoth (LAPD) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA4.13 Billion |
| % of Total Assets | 43.01% |
| Annual Growth Rate | 18.47% |
| 5-Year Change | 68.91% |
| 10-Year Change | 881.59% |
| Growth Volatility | 35.84 |
Lapidoth - Net Assets Trend (2009–2025)
This chart illustrates how Lapidoth's net assets have evolved over time, based on quarterly financial data. Also explore LAPD shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for Lapidoth (2009–2025)
The table below shows the annual net assets of Lapidoth from 2009 to 2025. For live market cap and overall valuation, see Lapidoth stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA4.13 Billion ≈ $11.07 Million |
+11.90% |
| 2024-12-31 | ILA3.69 Billion ≈ $9.89 Million |
+20.37% |
| 2023-12-31 | ILA3.07 Billion ≈ $8.22 Million |
+8.06% |
| 2022-12-31 | ILA2.84 Billion ≈ $7.61 Million |
+16.05% |
| 2021-12-31 | ILA2.44 Billion ≈ $6.55 Million |
+52.79% |
| 2020-12-31 | ILA1.60 Billion ≈ $4.29 Million |
+150.31% |
| 2019-12-31 | ILA639.27 Million ≈ $1.71 Million |
+2.35% |
| 2018-12-31 | ILA624.61 Million ≈ $1.67 Million |
+18.51% |
| 2017-12-31 | ILA527.04 Million ≈ $1.41 Million |
+25.28% |
| 2016-12-31 | ILA420.69 Million ≈ $1.13 Million |
+10.93% |
| 2015-12-31 | ILA379.26 Million ≈ $1.02 Million |
-0.80% |
| 2014-12-31 | ILA382.31 Million ≈ $1.02 Million |
-9.97% |
| 2013-12-31 | ILA424.67 Million ≈ $1.14 Million |
+16.13% |
| 2012-12-31 | ILA365.67 Million ≈ $980.35K |
+8.24% |
| 2011-12-31 | ILA337.84 Million ≈ $905.73K |
-0.52% |
| 2010-12-31 | ILA339.60 Million ≈ $910.45K |
+23.80% |
| 2009-12-31 | ILA274.31 Million ≈ $735.41K |
-- |
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 985.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA1.31 Billion | 50.47% |
| Common Stock | ILA64.31 Million | 2.47% |
| Other Comprehensive Income | ILA365.61 Million | 14.07% |
| Other Components | ILA857.24 Million | 32.99% |
| Total Equity | ILA2.60 Billion | 100.00% |
Lapidoth Competitors by Market Cap
The table below lists competitors of Lapidoth ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ProPetro Holding Corp
NYSE:PUMP
|
$1.11 Billion |
|
VERBIO Vereinigte BioEnergie AG
XETRA:VBK
|
$1.12 Billion |
|
HOB Biotech Group Corp Ltd
SHG:688656
|
$1.12 Billion |
|
Jiuzhitang Co Ltd
SHE:000989
|
$1.12 Billion |
|
Tarkett SA
PA:TKTT
|
$1.11 Billion |
|
Mahanagar Gas Limited
NSE:MGL
|
$1.11 Billion |
|
Srisawad Power 1979 PCL
BK:SAWAD
|
$1.11 Billion |
|
Hotai Finance Corp
TW:6592
|
$1.11 Billion |
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 2024 to 2025, total equity changed from 2,340,917,000 to 2,598,551,000, a change of 257,634,000 (11.0%).
- Net income of 260,411,000 contributed positively to equity growth.
- Dividend payments of 178,000,000 reduced retained earnings.
- Share repurchases of 132,107,000 reduced equity.
- New share issuances of 149,700,000 increased equity.
- Other comprehensive income increased equity by 307,330,000.
- Other factors decreased equity by 149,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA260.41 Million | +10.02% |
| Dividends Paid | ILA178.00 Million | -6.85% |
| Share Repurchases | ILA132.11 Million | -5.08% |
| Share Issuances | ILA149.70 Million | +5.76% |
| Other Comprehensive Income | ILA307.33 Million | +11.83% |
| Other Changes | ILA-149.70 Million | -5.76% |
| Total Change | ILA- | 11.01% |
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: 163.12x
- 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 1031.83x to 163.12x 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 | ILA6974.00 | x |
| 2013-12-31 | ILA7.55 | ILA6974.00 | x |
| 2014-12-31 | ILA7.08 | ILA6974.00 | x |
| 2015-12-31 | ILA7.35 | ILA6974.00 | x |
| 2016-12-31 | ILA7.79 | ILA6974.00 | x |
| 2017-12-31 | ILA8.41 | ILA6974.00 | x |
| 2018-12-31 | ILA9.72 | ILA6974.00 | x |
| 2019-12-31 | ILA10.32 | ILA6974.00 | x |
| 2020-12-31 | ILA15.04 | ILA6974.00 | x |
| 2021-12-31 | ILA24.38 | ILA6974.00 | x |
| 2022-12-31 | ILA35.26 | ILA6974.00 | x |
| 2023-12-31 | ILA32.46 | ILA6974.00 | x |
| 2024-12-31 | ILA37.22 | ILA6974.00 | x |
| 2025-12-31 | ILA42.75 | ILA6974.00 | 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): 10.02%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.25%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 3.69x
- Recent ROE (10.02%) is below the historical average (15.05%), 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 |
| 2025 | 10.02% | 3.25% | 0.84x | 3.69x | ILA555.90K |
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: $523,538,333
- Average return on equity (ROE) among peers: 0.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lapidoth (LAPD) | ILA4.13 Billion | 22.00% | 1.32x | $1.11 Billion |
| Mordechai Aviv Taasiot Beniyah 1973 Ltd (AVIV) | $150.31 Million | 11.89% | 3.55x | $64.22 Million |
| Baran Group Ltd (BRAN) | $190.79 Million | 7.42% | 1.91x | $111.76 Million |
| Danya Cebus (DNYA) | $766.99 Million | 22.64% | 2.57x | $855.99 Million |
| El-Mor Electric Installation & Services 1986 Ltd (ELMR) | $240.69 Million | 12.89% | 1.12x | $212.61 Million |
| Electra Ltd (ELTR) | $1.91 Billion | 11.14% | 4.84x | $2.13 Billion |
| Electreon Wireless Ltd (ELWS) | $110.78 Million | -68.45% | 0.17x | $167.27 Million |
| Levinski Ofer (LEOF) | $13.57 Million | 0.00% | 0.10x | $34.88 Million |
| Levinstein Eng (LEVI) | $1.09 Billion | 5.75% | 1.27x | $382.10 Million |
| Lesico Ltd (LSCO) | $237.66 Million | 3.53% | 2.13x | $44.87 Million |
About Lapidoth
Lapidoth Capital Ltd, together with its subsidiaries, engages construction and infrastructure contracting activities. The company is also involved in development and construction of projects in the residential construction and rental apartment; and import of cellular devices, tablets, smart watches and accessories. In addition, it undertakes construction of various complex projects, such as natio… Read more