Millennium Food-Tech LP (MIFT) - Net Assets
Based on the latest financial reports, Millennium Food-Tech LP (MIFT) has net assets worth ILA58.44 Million ILA (≈ $156.67K USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA60.37 Million ≈ $161.84K USD) and total liabilities (ILA1.93 Million ≈ $5.18K 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 Millennium Food-Tech LP balance sheet quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA58.44 Million |
| % of Total Assets | 96.8% |
| Annual Growth Rate | -9.9% |
| 5-Year Change | -47.86% |
| 10-Year Change | N/A |
| Growth Volatility | 15.16 |
Millennium Food-Tech LP - Net Assets Trend (2020–2025)
This chart illustrates how Millennium Food-Tech LP's net assets have evolved over time, based on quarterly financial data. Also explore MIFT year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Net Assets for Millennium Food-Tech LP (2020–2025)
The table below shows the annual net assets of Millennium Food-Tech LP from 2020 to 2025. For live market cap and overall valuation, see Millennium Food-Tech LP stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA64.13 Million ≈ $171.93K |
-18.97% |
| 2024-12-31 | ILA79.14 Million ≈ $212.18K |
-29.62% |
| 2023-12-31 | ILA112.46 Million ≈ $301.49K |
-9.53% |
| 2022-12-31 | ILA124.30 Million ≈ $333.25K |
+1.05% |
| 2021-12-31 | ILA123.01 Million ≈ $329.78K |
+13.90% |
| 2020-12-31 | ILA108.00 Million ≈ $289.53K |
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Equity Component Analysis
This analysis shows how different components contribute to Millennium Food-Tech LP'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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA149.66 Million | 232.41% |
| Other Comprehensive Income | ILA-85.26 Million | -132.41% |
| Total Equity | ILA64.39 Million | 100.00% |
Millennium Food-Tech LP Competitors by Market Cap
The table below lists competitors of Millennium Food-Tech LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Springs Global Participações S.A.
SA:SGPS3
|
$3.22 Million |
|
Jaya Swarasa Agung PT
JK:TAYS
|
$3.22 Million |
|
Golden Ridge Resources Ltd
V:GLDN
|
$3.22 Million |
|
Saferoads Holdings Ltd
AU:SRH
|
$3.22 Million |
|
Fidelity Japanese Values PLC ORD
LSE:FJV
|
$3.22 Million |
|
Norcros Plc
LSE:NXR
|
$3.21 Million |
|
Magnetic North Acquisition Corp
V:MNC
|
$3.21 Million |
|
METALQUEST MINING INC.
F:E7Q
|
$3.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Millennium Food-Tech LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 79,143,000 to 64,391,999, a change of -14,751,001 (-18.6%).
- Net loss of 15,238,000 reduced equity.
- Other comprehensive income decreased equity by 86,392,000.
- Other factors increased equity by 86,878,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-15.24 Million | -23.66% |
| Other Comprehensive Income | ILA-86.39 Million | -134.17% |
| Other Changes | ILA86.88 Million | +134.92% |
| Total Change | ILA- | -18.64% |
Book Value vs Market Value Analysis
This analysis compares Millennium Food-Tech LP'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: 20.22x
- 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 increased from 2.96x to 20.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ILA35.41 | ILA104.70 | x |
| 2021-12-31 | ILA17.34 | ILA104.70 | x |
| 2022-12-31 | ILA11.49 | ILA104.70 | x |
| 2023-12-31 | ILA21.81 | ILA104.70 | x |
| 2024-12-31 | ILA11.91 | ILA104.70 | x |
| 2025-12-31 | ILA5.18 | ILA104.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Millennium Food-Tech LP 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): -23.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5664.68%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-23.66%) is below the historical average (-16.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 17.21% | 86759.09% | 0.00x | 1.06x | ILA8.00 Million |
| 2021 | -8.82% | -8895.90% | 0.00x | 1.06x | ILA-23.15 Million |
| 2022 | -11.33% | -9846.15% | 0.00x | 1.03x | ILA-26.51 Million |
| 2023 | -23.04% | -5584.27% | 0.00x | 1.02x | ILA-37.16 Million |
| 2024 | -50.39% | -69966.67% | 0.00x | 1.03x | ILA-47.80 Million |
| 2025 | -23.66% | -5664.68% | 0.00x | 1.02x | ILA-21.68 Million |
Industry Comparison
This section compares Millennium Food-Tech LP's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $370,611,200
- Average return on equity (ROE) among peers: 7.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Millennium Food-Tech LP (MIFT) | ILA58.44 Million | 17.21% | 0.03x | $3.22 Million |
| Altshuler Shaham Financial LTD (ALTF) | $226.06 Million | 40.24% | 1.63x | $305.98 Million |
| Aluma Infrastructure Fund 2020 Ltd (ALUMA) | $324.80 Million | 19.22% | 0.07x | $67.00 Million |
| Analyst IMS Investment Management Services Ltd (ANLT) | $151.47 Million | 15.20% | 0.39x | $392.70 Million |
| Capital Point (CPTP) | $57.97 Million | 4.27% | 0.64x | $14.90 Million |
| Eldav-L (ELDAV) | $113.13 Million | -7.03% | 0.97x | $30.70 Million |
| Elron Electronic Industries Ltd (ELRN) | $73.10 Million | -15.32% | 1.77x | $41.06 Million |
| Emilia Devel (EMDV) | $699.17 Million | 4.29% | 1.18x | $156.21 Million |
| Gibui Holdings Ltd (GIBUI) | $41.78 Million | -22.73% | 0.68x | $61.84K |
| Generation Capital Ltd (GNRS) | $1.33 Billion | 19.20% | 0.21x | $1.34 Billion |
| IBI Inv House (IBI) | $684.99 Million | 13.25% | 0.58x | $1.46 Billion |
About Millennium Food-Tech LP
Millennium Food Tech Limited Partnership invests in the food technology sector in Israel. It also engages in identifying, developing, and transformative ideas in the food, drinks, and nutrition industries. The company was founded in 2019 and is based in Ra'annana, Israel.