MLRN Projects and Trade Ltd
M.L.R.N Projects and Trade Ltd. provides credit to small and medium-sized businesses in Israel. It offers business loans, check discounting, credit lines and loans, leasing to finance the purchase of equipment and tools, and financing for the purchase of real estate, as well as line of credit services. The company was incorporated in 2008 and is based in Tel Aviv-Yafo, Israel.
MLRN Projects and Trade Ltd (MLRN) - Net Assets
Latest net assets as of September 2025: ILA315.69 Million ILA
Based on the latest financial reports, MLRN Projects and Trade Ltd (MLRN) has net assets worth ILA315.69 Million ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.08 Billion) and total liabilities (ILA763.15 Million). 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 | ILA315.69 Million |
| % of Total Assets | 29.26% |
| Annual Growth Rate | 47.41% |
| 5-Year Change | 165.84% |
| 10-Year Change | N/A |
| Growth Volatility | 43.0 |
MLRN Projects and Trade Ltd - Net Assets Trend (2017–2024)
This chart illustrates how MLRN Projects and Trade Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MLRN Projects and Trade Ltd (2017–2024)
The table below shows the annual net assets of MLRN Projects and Trade Ltd from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA291.79 Million | +12.83% |
| 2023-12-31 | ILA258.61 Million | -7.07% |
| 2022-12-31 | ILA278.30 Million | +24.32% |
| 2021-12-31 | ILA223.86 Million | +103.95% |
| 2020-12-31 | ILA109.76 Million | +80.20% |
| 2019-12-31 | ILA60.91 Million | +112.53% |
| 2018-12-31 | ILA28.66 Million | +48.62% |
| 2017-12-31 | ILA19.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MLRN Projects and Trade 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 688.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA151.99 Million | 52.09% |
| Common Stock | ILA134.62 Million | 46.13% |
| Other Comprehensive Income | ILA5.19 Million | 1.78% |
| Total Equity | ILA291.79 Million | 100.00% |
MLRN Projects and Trade Ltd Competitors by Market Cap
The table below lists competitors of MLRN Projects and Trade Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zaplox AB
ST:ZAPLOX
|
$1.22 Million |
|
Rectifier Technologies Ltd
AU:RFT
|
$1.22 Million |
|
LIVE NATION ENT
BE:3LN
|
$1.22 Million |
|
MetaWorks Platforms Inc.
OTCQB:MWRK
|
$1.22 Million |
|
ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft
F:HVB
|
$1.21 Million |
|
Canuc Resources Corporation
OTCQB:CNUCF
|
$1.21 Million |
|
Oakajee Corporation Ltd
AU:OKJ
|
$1.21 Million |
|
Parlo Bhd
KLSE:0022
|
$1.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MLRN Projects and Trade Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 258,613,000 to 291,793,000, a change of 33,180,000 (12.8%).
- Net income of 37,032,000 contributed positively to equity growth.
- Dividend payments of 5,400,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,431,000.
- Other factors increased equity by 3,979,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA37.03 Million | +12.69% |
| Dividends Paid | ILA5.40 Million | -1.85% |
| Other Comprehensive Income | ILA-2.43 Million | -0.83% |
| Other Changes | ILA3.98 Million | +1.36% |
| Total Change | ILA- | 12.83% |
Book Value vs Market Value Analysis
This analysis compares MLRN Projects and Trade 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: 156.36x
- 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 513.19x to 156.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ILA2.85 | ILA1464.00 | x |
| 2019-12-31 | ILA5.90 | ILA1464.00 | x |
| 2020-12-31 | ILA5.24 | ILA1464.00 | x |
| 2021-12-31 | ILA6.96 | ILA1464.00 | x |
| 2022-12-31 | ILA8.02 | ILA1464.00 | x |
| 2023-12-31 | ILA8.52 | ILA1464.00 | x |
| 2024-12-31 | ILA9.36 | ILA1464.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MLRN Projects and Trade 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): 12.69%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.67%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 3.10x
- Recent ROE (12.69%) is below the historical average (19.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 20.55% | 26.77% | 0.08x | 9.77x | ILA2.04 Million |
| 2018 | 38.21% | 46.11% | 0.09x | 9.20x | ILA8.08 Million |
| 2019 | 18.14% | 36.84% | 0.07x | 6.70x | ILA4.96 Million |
| 2020 | 15.76% | 46.87% | 0.10x | 3.38x | ILA6.32 Million |
| 2021 | 16.45% | 46.75% | 0.07x | 5.29x | ILA11.27 Million |
| 2022 | 26.45% | 67.48% | 0.08x | 4.90x | ILA39.32 Million |
| 2023 | 11.07% | 32.82% | 0.11x | 3.06x | ILA2.76 Million |
| 2024 | 12.69% | 42.67% | 0.10x | 3.10x | ILA7.85 Million |
Industry Comparison
This section compares MLRN Projects and Trade Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $187,755,503
- Average return on equity (ROE) among peers: 8.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MLRN Projects and Trade Ltd (MLRN) | ILA315.69 Million | 20.55% | 2.42x | $1.21 Million |
| Blackedge Ltd (BLEG) | $31.44 Million | 25.47% | 6.22x | $171.26 Million |
| Blender Financial Technologies Ltd (BLND) | $12.59 Million | -192.17% | 4.09x | $180.33K |
| Direct Finance TA (DIFI) | $308.07 Million | 18.05% | 4.77x | $4.26 Million |
| Gamla Harel Residential Real-Estate Ltd (GMLA) | $264.55 Million | 12.30% | 3.04x | $1.48 Million |
| Jacob Finance And Investments Ltd (JCFN) | $32.51 Million | 74.84% | 42.00x | $1.98 Million |
| Michlol Finance Ltd (MCLL) | $305.73 Million | 16.66% | 4.34x | $1.83 Million |
| Michman Basad Ltd (MCMN) | $10.83 Million | 69.73% | 7.32x | $1.60 Million |
| Menif Financial Services Ltd (MNIF) | $450.69 Million | 27.61% | 4.78x | $4.24 Million |
| Nawi Brothers Group Ltd (NAWI) | $273.38 Million | 21.61% | 3.76x | $4.87 Million |