Levinstein Prop
Levinstein Properties Ltd initiates, builds, markets, and rents real estate properties in Israel. Its properties include towers for offices, offices, parking, storage, office buildings, shopping centers, malls, industrial parks,etc. The company was incorporated in 1986 and is based in Tel Aviv, Israel. Levinstein Properties Ltd is a subsidiary of Meshulam Levinstein Contracting & Engineering Ltd.
Levinstein Prop (LVPR) - Net Assets
Latest net assets as of September 2024: ILA1.32 Billion ILA
Based on the latest financial reports, Levinstein Prop (LVPR) has net assets worth ILA1.32 Billion ILA as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA2.33 Billion) and total liabilities (ILA1.01 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 | ILA1.32 Billion |
| % of Total Assets | 56.49% |
| Annual Growth Rate | 17.24% |
| 5-Year Change | 44.25% |
| 10-Year Change | 159.25% |
| Growth Volatility | 80.56 |
Levinstein Prop - Net Assets Trend (2007–2023)
This chart illustrates how Levinstein Prop's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Levinstein Prop (2007–2023)
The table below shows the annual net assets of Levinstein Prop from 2007 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ILA1.31 Billion | +1.63% |
| 2022-12-31 | ILA1.29 Billion | +16.24% |
| 2021-12-31 | ILA1.11 Billion | +21.80% |
| 2020-12-31 | ILA909.58 Million | +0.25% |
| 2019-12-31 | ILA907.33 Million | +7.83% |
| 2018-12-31 | ILA841.45 Million | +4.09% |
| 2017-12-31 | ILA808.39 Million | +22.96% |
| 2016-12-31 | ILA657.45 Million | +10.49% |
| 2015-12-31 | ILA595.06 Million | +17.86% |
| 2014-12-31 | ILA504.87 Million | +19.67% |
| 2013-12-31 | ILA421.88 Million | +6.98% |
| 2012-12-31 | ILA394.36 Million | +10.59% |
| 2011-12-31 | ILA356.59 Million | +0.84% |
| 2010-12-31 | ILA353.64 Million | +328.88% |
| 2009-12-31 | ILA82.46 Million | -19.69% |
| 2007-12-31 | ILA102.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Levinstein Prop'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 807.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA932.14 Million | 71.22% |
| Other Components | ILA376.73 Million | 28.78% |
| Total Equity | ILA1.31 Billion | 100.00% |
Levinstein Prop Competitors by Market Cap
The table below lists competitors of Levinstein Prop ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sanginita Chemicals Limited
NSE:SANGINITA
|
$3.46 Million |
|
International Research Corporation Public Company Limited
BK:IRCP
|
$3.46 Million |
|
Vestand Inc.
NASDAQ:VSTD
|
$3.46 Million |
|
Rise Gold Corp
OTCQB:RYES
|
$3.47 Million |
|
AT Systematization Bhd
KLSE:0072
|
$3.46 Million |
|
Magna Terra Minerals Inc
PINK:BRIOF
|
$3.46 Million |
|
Thai-German Products Public Company Limited
BK:TGPRO
|
$3.46 Million |
|
Tennant Minerals Ltd
AU:TMS
|
$3.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Levinstein Prop's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,287,816,000 to 1,308,870,000, a change of 21,054,000 (1.6%).
- Net income of 46,257,000 contributed positively to equity growth.
- Dividend payments of 25,203,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA46.26 Million | +3.53% |
| Dividends Paid | ILA25.20 Million | -1.93% |
| Total Change | ILA- | 1.63% |
Book Value vs Market Value Analysis
This analysis compares Levinstein Prop'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: 98.61x
- 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 159.66x to 98.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ILA56.13 | ILA8962.00 | x |
| 2018-12-31 | ILA58.43 | ILA8962.00 | x |
| 2019-12-31 | ILA63.00 | ILA8962.00 | x |
| 2020-12-31 | ILA63.16 | ILA8962.00 | x |
| 2021-12-31 | ILA76.93 | ILA8962.00 | x |
| 2022-12-31 | ILA89.42 | ILA8962.00 | x |
| 2023-12-31 | ILA90.88 | ILA8962.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Levinstein Prop 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): 3.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 56.75%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.68x
- Recent ROE (3.53%) is below the historical average (12.44%), 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 | 34.02% | 183.25% | 0.08x | 2.31x | ILA19.81 Million |
| 2010 | 11.17% | 48.21% | 0.11x | 2.19x | ILA4.14 Million |
| 2011 | 4.47% | 19.63% | 0.10x | 2.28x | ILA-19.70 Million |
| 2012 | 11.53% | 45.54% | 0.12x | 2.10x | ILA6.02 Million |
| 2013 | 10.03% | 48.11% | 0.10x | 1.99x | ILA129.30K |
| 2014 | 11.45% | 57.40% | 0.11x | 1.83x | ILA7.33 Million |
| 2015 | 17.99% | 178.29% | 0.05x | 2.06x | ILA47.55 Million |
| 2016 | 13.60% | 153.09% | 0.04x | 2.04x | ILA23.66 Million |
| 2017 | 13.80% | 165.39% | 0.05x | 1.84x | ILA30.74 Million |
| 2018 | 6.19% | 79.48% | 0.04x | 1.73x | ILA-32.03 Million |
| 2019 | 10.04% | 131.10% | 0.05x | 1.68x | ILA354.70K |
| 2020 | 2.62% | 35.53% | 0.04x | 1.70x | ILA-67.11 Million |
| 2021 | 20.17% | 338.50% | 0.04x | 1.64x | ILA112.71 Million |
| 2022 | 15.93% | 266.96% | 0.04x | 1.61x | ILA76.36 Million |
| 2023 | 3.53% | 56.75% | 0.04x | 1.68x | ILA-84.63 Million |
Industry Comparison
This section compares Levinstein Prop's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $945,865,900
- Average return on equity (ROE) among peers: 15.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Levinstein Prop (LVPR) | ILA1.32 Billion | 34.02% | 0.77x | $3.46 Million |
| Kvutzat Acro Ltd. (ACRO) | $1.27 Billion | 4.22% | 2.11x | $8.59 Million |
| Africa Israel Residences Ltd (AFRE) | $693.46 Million | 6.30% | 2.76x | $10.34 Million |
| Ashtrom Group Ltd (ASHG) | $5.14 Billion | 3.30% | 3.25x | $20.20 Million |
| Aura Investments Ltd (AURA) | $133.25 Million | 41.78% | 8.11x | $16.60 Million |
| Av Gad Holdings Ltd (AVGD) | $26.41 Million | 63.52% | 2.56x | $855.64K |
| Carasso Real Estate Ltd (CRSR) | $772.73 Million | 10.18% | 2.31x | $680.28 Million |
| GavYam Lands Corp Ltd (GVYM) | $818.27 Million | 7.05% | 1.60x | $25.05 Million |
| Hagag Europe Development ZF Ltd (HGGE) | $59.68 Million | -9.56% | 1.46x | $2.27 Million |
| Hanan Mor (HNMR) | $50.54 Million | 17.37% | 13.35x | $40.22K |
| Hiron-Trade Investments & Industrial Buildings Ltd (HRON) | $501.44 Million | 6.70% | 0.51x | $3.16 Million |