Menif Financial Services Ltd
Menif - Financial Services Ltd provides mezzanine financing services for equity to promoters and contractors in the construction sector in Israel and internationally. The company was incorporated in 1999 and is based in Ramat Gan, Israel.
Menif Financial Services Ltd (MNIF) - Net Assets
Latest net assets as of September 2025: ILA656.99 Million ILA
Based on the latest financial reports, Menif Financial Services Ltd (MNIF) has net assets worth ILA656.99 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 (ILA3.82 Billion) and total liabilities (ILA3.16 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 | ILA656.99 Million |
| % of Total Assets | 17.2% |
| Annual Growth Rate | 72.83% |
| 5-Year Change | 112.24% |
| 10-Year Change | N/A |
| Growth Volatility | 203.9 |
Menif Financial Services Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Menif Financial Services 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 Menif Financial Services Ltd (2018–2024)
The table below shows the annual net assets of Menif Financial Services Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA562.93 Million | +24.90% |
| 2023-12-31 | ILA450.69 Million | +28.13% |
| 2022-12-31 | ILA351.74 Million | +16.35% |
| 2021-12-31 | ILA302.31 Million | +13.98% |
| 2020-12-31 | ILA265.23 Million | +577.08% |
| 2019-12-31 | ILA39.17 Million | +85.62% |
| 2018-12-31 | ILA21.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Menif Financial Services 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 1560.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA337.42 Million | 60.01% |
| Common Stock | ILA1.00K | 0.00% |
| Other Comprehensive Income | ILA14.39 Million | 2.56% |
| Other Components | ILA210.45 Million | 37.43% |
| Total Equity | ILA562.25 Million | 100.00% |
Menif Financial Services Ltd Competitors by Market Cap
The table below lists competitors of Menif Financial Services Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lilama 18 JSC
VN:LM8
|
$4.24 Million |
|
ICH Co Ltd
KQ:368600
|
$4.24 Million |
|
Bhuwanatala Indah Permai Tbk
JK:BIPP
|
$4.24 Million |
|
T.C.J. Asia Public Company Limited
BK:TCJ
|
$4.24 Million |
|
Maat Pharma SA
PA:MAAT
|
$4.23 Million |
|
Minim Inc
NASDAQ:MINM
|
$4.23 Million |
|
TAIZHOU WATER GRP. H YC 1
F:GX5
|
$4.23 Million |
|
EFFNETPLATTFORMEN EV1 B
F:Y2Y
|
$4.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Menif Financial Services Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 449,995,000 to 562,255,000, a change of 112,260,000 (24.9%).
- Net income of 151,879,000 contributed positively to equity growth.
- Dividend payments of 34,000,000 reduced retained earnings.
- Share repurchases of 6,996,000 reduced equity.
- Other comprehensive income increased equity by 1,376,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA151.88 Million | +27.01% |
| Dividends Paid | ILA34.00 Million | -6.05% |
| Share Repurchases | ILA7.00 Million | -1.24% |
| Other Comprehensive Income | ILA1.38 Million | +0.24% |
| Other Changes | ILA1.00 | +0.0% |
| Total Change | ILA- | 24.95% |
Book Value vs Market Value Analysis
This analysis compares Menif Financial Services 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: 284.87x
- 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 7611.30x to 284.87x 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 | ILA0.35 | ILA2650.00 | x |
| 2019-12-31 | ILA0.96 | ILA2650.00 | x |
| 2020-12-31 | ILA6.43 | ILA2650.00 | x |
| 2021-12-31 | ILA4.99 | ILA2650.00 | x |
| 2022-12-31 | ILA5.81 | ILA2650.00 | x |
| 2023-12-31 | ILA7.44 | ILA2650.00 | x |
| 2024-12-31 | ILA9.30 | ILA2650.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Menif Financial Services 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): 27.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.88%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 5.72x
- Recent ROE (27.01%) is below the historical average (29.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 55.05% | 20.28% | 0.12x | 22.46x | ILA9.15 Million |
| 2019 | 47.08% | 26.33% | 0.11x | 15.62x | ILA14.24 Million |
| 2020 | 3.07% | 8.27% | 0.12x | 3.17x | ILA-18.32 Million |
| 2021 | 18.30% | 45.21% | 0.11x | 3.63x | ILA25.02 Million |
| 2022 | 26.46% | 50.52% | 0.09x | 5.73x | ILA57.81 Million |
| 2023 | 27.65% | 37.49% | 0.13x | 5.79x | ILA79.42 Million |
| 2024 | 27.01% | 35.88% | 0.13x | 5.72x | ILA95.65 Million |
Industry Comparison
This section compares Menif Financial Services Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $140,863,058
- Average return on equity (ROE) among peers: 9.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Menif Financial Services Ltd (MNIF) | ILA656.99 Million | 55.05% | 4.81x | $4.24 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 |
| MLRN Projects and Trade Ltd (MLRN) | $28.66 Million | 38.21% | 8.20x | $1.21 Million |
| Nawi Brothers Group Ltd (NAWI) | $273.38 Million | 21.61% | 3.76x | $4.87 Million |