Menora Miv Hld
Menora Mivtachim Holdings Ltd., together with its subsidiaries, operates in insurance and finance sectors in Israel. It operates through Life Insurance and Long-Term Savings; Health Insurance; and Property and Casualty Insurance segments. The company offers mortgage, life, disability, health, critical illness, travel, personal accident, home, business, car, comprehensive car, third party, compuls… Read more
Menora Miv Hld (MMHD) - Net Assets
Latest net assets as of September 2025: ILA8.79 Billion ILA
Based on the latest financial reports, Menora Miv Hld (MMHD) has net assets worth ILA8.79 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 (ILA78.66 Billion) and total liabilities (ILA69.86 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 | ILA8.79 Billion |
| % of Total Assets | 11.18% |
| Annual Growth Rate | 10.03% |
| 5-Year Change | 52.65% |
| 10-Year Change | 132.51% |
| Growth Volatility | 13.55 |
Menora Miv Hld - Net Assets Trend (2005–2024)
This chart illustrates how Menora Miv Hld's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Menora Miv Hld (2005–2024)
The table below shows the annual net assets of Menora Miv Hld from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA7.41 Billion | +12.01% |
| 2023-12-31 | ILA6.62 Billion | +8.86% |
| 2022-12-31 | ILA6.08 Billion | +8.40% |
| 2021-12-31 | ILA5.61 Billion | +15.49% |
| 2020-12-31 | ILA4.86 Billion | +15.87% |
| 2019-12-31 | ILA4.19 Billion | +11.51% |
| 2018-12-31 | ILA3.76 Billion | +3.59% |
| 2017-12-31 | ILA3.63 Billion | +7.09% |
| 2016-12-31 | ILA3.39 Billion | +6.26% |
| 2015-12-31 | ILA3.19 Billion | +3.69% |
| 2014-12-31 | ILA3.07 Billion | +4.77% |
| 2013-12-31 | ILA2.93 Billion | +11.72% |
| 2012-12-31 | ILA2.63 Billion | +18.94% |
| 2011-12-31 | ILA2.21 Billion | -2.00% |
| 2010-12-31 | ILA2.25 Billion | +15.54% |
| 2009-12-31 | ILA1.95 Billion | +51.63% |
| 2008-12-31 | ILA1.29 Billion | -23.37% |
| 2007-12-31 | ILA1.68 Billion | +12.70% |
| 2006-12-31 | ILA1.49 Billion | +23.61% |
| 2005-12-31 | ILA1.21 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Menora Miv Hld'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 573.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA5.91 Billion | 81.97% |
| Common Stock | ILA99.43 Million | 1.38% |
| Other Comprehensive Income | ILA958.53 Million | 13.29% |
| Other Components | ILA242.44 Million | 3.36% |
| Total Equity | ILA7.21 Billion | 100.00% |
Menora Miv Hld Competitors by Market Cap
The table below lists competitors of Menora Miv Hld ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sunjin
KO:136490
|
$81.87 Million |
|
MORELD AS
OL:MORLD
|
$81.88 Million |
|
Chargeurs S.A.
PA:CRI
|
$81.92 Million |
|
Solusi Tunas Pratama Tbk
JK:SUPR
|
$81.93 Million |
|
United Bankers Oyj
HE:UNITED
|
$81.86 Million |
|
AMTD IDEA Group
NYSE:AMTD
|
$81.83 Million |
|
Amrutanjan Health Care Limited
NSE:AMRUTANJAN
|
$81.74 Million |
|
EROAD Limited
PINK:ERDLF
|
$81.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Menora Miv Hld's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,430,837,000 to 7,214,205,000, a change of 783,368,000 (12.2%).
- Net income of 1,079,689,000 contributed positively to equity growth.
- Dividend payments of 460,148,000 reduced retained earnings.
- Other comprehensive income increased equity by 958,533,000.
- Other factors decreased equity by 794,706,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA1.08 Billion | +14.97% |
| Dividends Paid | ILA460.15 Million | -6.38% |
| Other Comprehensive Income | ILA958.53 Million | +13.29% |
| Other Changes | ILA-794.71 Million | -11.02% |
| Total Change | ILA- | 12.18% |
Book Value vs Market Value Analysis
This analysis compares Menora Miv Hld'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: 421.39x
- 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 2334.33x to 421.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ILA20.56 | ILA48000.00 | x |
| 2006-12-31 | ILA23.92 | ILA48000.00 | x |
| 2007-12-31 | ILA26.57 | ILA48000.00 | x |
| 2008-12-31 | ILA20.32 | ILA48000.00 | x |
| 2009-12-31 | ILA30.84 | ILA48000.00 | x |
| 2010-12-31 | ILA35.60 | ILA48000.00 | x |
| 2011-12-31 | ILA34.78 | ILA48000.00 | x |
| 2012-12-31 | ILA41.36 | ILA48000.00 | x |
| 2013-12-31 | ILA46.23 | ILA48000.00 | x |
| 2014-12-31 | ILA48.46 | ILA48000.00 | x |
| 2015-12-31 | ILA50.26 | ILA48000.00 | x |
| 2016-12-31 | ILA53.37 | ILA48000.00 | x |
| 2017-12-31 | ILA57.15 | ILA48000.00 | x |
| 2018-12-31 | ILA59.21 | ILA48000.00 | x |
| 2019-12-31 | ILA66.08 | ILA48000.00 | x |
| 2020-12-31 | ILA76.60 | ILA48000.00 | x |
| 2021-12-31 | ILA87.58 | ILA48000.00 | x |
| 2022-12-31 | ILA93.20 | ILA48000.00 | x |
| 2023-12-31 | ILA100.93 | ILA48000.00 | x |
| 2024-12-31 | ILA113.91 | ILA48000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Menora Miv Hld 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): 14.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.31%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 10.28x
- Recent ROE (14.97%) is above the historical average (9.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 22.31% | 48.71% | 0.04x | 12.91x | ILA144.70 Million |
| 2006 | 18.12% | 51.38% | 0.03x | 11.68x | ILA118.06 Million |
| 2007 | 14.72% | 5.48% | 0.22x | 12.45x | ILA77.24 Million |
| 2008 | -18.02% | -9.87% | 0.10x | 17.87x | ILA-360.38 Million |
| 2009 | 20.66% | 4.98% | 0.29x | 14.31x | ILA207.80 Million |
| 2010 | 12.50% | 4.45% | 0.20x | 13.83x | ILA56.35 Million |
| 2011 | 1.76% | 0.90% | 0.13x | 14.54x | ILA-181.21 Million |
| 2012 | 10.47% | 4.01% | 0.20x | 13.30x | ILA12.40 Million |
| 2013 | 14.73% | 5.58% | 0.20x | 13.06x | ILA138.44 Million |
| 2014 | 6.90% | 2.82% | 0.18x | 13.82x | ILA-95.02 Million |
| 2015 | 6.75% | 2.93% | 0.16x | 14.22x | ILA-103.48 Million |
| 2016 | 1.29% | 0.52% | 0.17x | 14.35x | ILA-294.12 Million |
| 2017 | 7.73% | 2.84% | 0.19x | 14.29x | ILA-82.09 Million |
| 2018 | 9.54% | 4.32% | 0.15x | 14.42x | ILA-17.36 Million |
| 2019 | 7.33% | 2.54% | 0.20x | 14.35x | ILA-111.73 Million |
| 2020 | 13.36% | 6.80% | 0.15x | 12.78x | ILA163.05 Million |
| 2021 | 11.83% | 5.05% | 0.19x | 12.05x | ILA101.51 Million |
| 2022 | 9.09% | 9.11% | 0.09x | 11.46x | ILA-53.66 Million |
| 2023 | 8.03% | 4.11% | 0.18x | 10.89x | ILA-127.00 Million |
| 2024 | 14.97% | 7.31% | 0.20x | 10.28x | ILA358.27 Million |
Industry Comparison
This section compares Menora Miv Hld's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $6,257,961,500
- Average return on equity (ROE) among peers: -0.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Menora Miv Hld (MMHD) | ILA8.79 Billion | 22.31% | 7.95x | $81.86 Million |
| Clal Insurance Enterprises Holdings Ltd (CLIS) | $9.53 Billion | 7.54% | 16.86x | $43.39 Million |
| Migdal Insurance (MGDL) | $2.99 Billion | -8.29% | 19.11x | $51.90 Million |