Mishorim Real Estate Investments
Mishorim Real Estate Investments Ltd engages in investments in income-producing real estate, commercial properties, and office buildings in Israel, Canada, the United States, and Germany. The company operates through Office Buildings in Israel; Commercial Centers in the USA; and Activities of the Subsidiary Skyline segments. It also engages in the acquisition, development, and sale of real estate… Read more
Mishorim Real Estate Investments (MSHR) - Net Assets
Latest net assets as of September 2025: ILA726.98 Million ILA
Based on the latest financial reports, Mishorim Real Estate Investments (MSHR) has net assets worth ILA726.98 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 (ILA2.57 Billion) and total liabilities (ILA1.84 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 | ILA726.98 Million |
| % of Total Assets | 28.31% |
| Annual Growth Rate | 10.55% |
| 5-Year Change | 12.54% |
| 10-Year Change | 89.26% |
| Growth Volatility | 24.14 |
Mishorim Real Estate Investments - Net Assets Trend (2006–2024)
This chart illustrates how Mishorim Real Estate Investments's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mishorim Real Estate Investments (2006–2024)
The table below shows the annual net assets of Mishorim Real Estate Investments from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA945.17 Million | -13.97% |
| 2023-12-31 | ILA1.10 Billion | -6.25% |
| 2022-12-31 | ILA1.17 Billion | +18.94% |
| 2021-12-31 | ILA985.29 Million | +17.32% |
| 2020-12-31 | ILA839.82 Million | -7.56% |
| 2019-12-31 | ILA908.50 Million | -3.26% |
| 2018-12-31 | ILA939.13 Million | +7.59% |
| 2017-12-31 | ILA872.86 Million | +3.37% |
| 2016-12-31 | ILA844.39 Million | +69.08% |
| 2015-12-31 | ILA499.40 Million | -0.66% |
| 2014-12-31 | ILA502.73 Million | +25.03% |
| 2013-12-31 | ILA402.08 Million | -7.53% |
| 2012-12-31 | ILA434.81 Million | +9.54% |
| 2011-12-31 | ILA396.94 Million | +33.00% |
| 2010-12-31 | ILA298.46 Million | -1.68% |
| 2009-12-31 | ILA303.55 Million | +26.07% |
| 2008-12-31 | ILA240.79 Million | -9.31% |
| 2007-12-31 | ILA265.51 Million | +70.77% |
| 2006-12-31 | ILA155.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mishorim Real Estate Investments'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 384.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA478.62 Million | 72.67% |
| Common Stock | ILA576.00K | 0.09% |
| Other Comprehensive Income | ILA27.37 Million | 4.16% |
| Other Components | ILA152.07 Million | 23.09% |
| Total Equity | ILA658.63 Million | 100.00% |
Mishorim Real Estate Investments Competitors by Market Cap
The table below lists competitors of Mishorim Real Estate Investments ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DBM Global Inc
PINK:DBMG
|
$426.39K |
|
Meridian Bhd
KLSE:5040
|
$426.43K |
|
ULTRA BRANDS LTD.
F:X6T
|
$426.99K |
|
VAISALA -A-
BE:VAYA
|
$427.32K |
|
Soc Franc Casinos
PA:SFCA
|
$425.88K |
|
SCHMOLZ + BICKEN N
BE:SSN
|
$425.64K |
|
Embention Sistemas Inteligentes S.A.
PA:MLUAV
|
$425.38K |
|
PCG-P-X
PINK:PCG-P-X
|
$425.20K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mishorim Real Estate Investments's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 708,418,000 to 658,632,000, a change of -49,786,000 (-7.0%).
- Net loss of 22,245,000 reduced equity.
- Other comprehensive income increased equity by 27,373,999.
- Other factors decreased equity by 54,914,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-22.25 Million | -3.38% |
| Other Comprehensive Income | ILA27.37 Million | +4.16% |
| Other Changes | ILA-54.91 Million | -8.34% |
| Total Change | ILA- | -7.03% |
Book Value vs Market Value Analysis
This analysis compares Mishorim Real Estate Investments'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: 26.29x
- 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 45.57x to 26.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ILA10.92 | ILA497.50 | x |
| 2013-12-31 | ILA8.98 | ILA497.50 | x |
| 2014-12-31 | ILA9.11 | ILA497.50 | x |
| 2015-12-31 | ILA10.08 | ILA497.50 | x |
| 2016-12-31 | ILA13.68 | ILA497.50 | x |
| 2017-12-31 | ILA13.66 | ILA497.50 | x |
| 2018-12-31 | ILA15.85 | ILA497.50 | x |
| 2019-12-31 | ILA16.76 | ILA497.50 | x |
| 2020-12-31 | ILA13.85 | ILA497.50 | x |
| 2021-12-31 | ILA16.78 | ILA497.50 | x |
| 2022-12-31 | ILA20.45 | ILA497.50 | x |
| 2023-12-31 | ILA20.36 | ILA497.50 | x |
| 2024-12-31 | ILA18.93 | ILA497.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mishorim Real Estate Investments 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): -3.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.76%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 4.36x
- Recent ROE (-3.38%) is below the historical average (5.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 16.80% | 17.83% | 0.25x | 3.81x | ILA7.90 Million |
| 2007 | 14.06% | 13.13% | 0.36x | 2.95x | ILA8.27 Million |
| 2008 | 13.04% | 15.83% | 0.18x | 4.63x | ILA5.65 Million |
| 2009 | 2.95% | 2.49% | 0.28x | 4.26x | ILA-16.20 Million |
| 2011 | 0.29% | 0.24% | 0.36x | 3.31x | ILA-36.70 Million |
| 2012 | 2.39% | 1.68% | 0.27x | 5.27x | ILA-19.80 Million |
| 2013 | -1.43% | -0.83% | 0.27x | 6.39x | ILA-24.47 Million |
| 2014 | 0.01% | 0.01% | 0.23x | 7.12x | ILA-21.61 Million |
| 2015 | 8.13% | 5.88% | 0.21x | 6.67x | ILA-4.52 Million |
| 2016 | 9.00% | 7.78% | 0.22x | 5.16x | ILA-4.14 Million |
| 2017 | 6.02% | 5.21% | 0.17x | 6.66x | ILA-16.55 Million |
| 2018 | 6.84% | 4.52% | 0.22x | 6.89x | ILA-15.13 Million |
| 2019 | 12.47% | 8.58% | 0.24x | 5.97x | ILA12.45 Million |
| 2020 | -13.21% | -14.45% | 0.16x | 5.89x | ILA-109.94 Million |
| 2021 | 25.70% | 32.80% | 0.16x | 4.76x | ILA91.06 Million |
| 2022 | 7.15% | 10.85% | 0.15x | 4.51x | ILA-20.25 Million |
| 2023 | -5.62% | -8.46% | 0.14x | 4.64x | ILA-110.62 Million |
| 2024 | -3.38% | -4.76% | 0.16x | 4.36x | ILA-88.11 Million |
Industry Comparison
This section compares Mishorim Real Estate Investments's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $2,867,280,000
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mishorim Real Estate Investments (MSHR) | ILA726.98 Million | 16.80% | 2.53x | $426.39K |
| Adgar Investments and Development Ltd (ADGR) | $835.73 Million | 9.05% | 3.22x | $2.29 Million |
| Afi Properties Ltd (AFPR) | $4.49 Billion | 17.55% | 2.13x | $28.31 Million |
| Alony Hetz Properties and Investments Ltd (ALHE) | $6.06 Billion | 9.04% | 1.57x | $21.23 Million |
| Amot Investments Ltd (AMOT) | $7.60 Billion | 12.26% | 1.31x | $30.57 Million |
| Argo Properties NV (ARGO) | $231.84 Million | 9.77% | 0.49x | $7.87 Million |
| Ari Real Estate Arena Investment Ltd (ARIN) | $272.87 Million | -30.38% | 4.24x | $4.57 Million |
| ES Australia Israel Holdings Ltd (AUIS) | $100.51 Million | -2.75% | 0.01x | $149.05K |
| Brack Capit N V (BCNV) | $454.10 Million | 13.97% | 1.82x | $4.13 Million |
| Big Shopping Centers Ltd (BIG) | $8.57 Billion | 12.23% | 2.14x | $52.08 Million |
| Buligo Capital Ltd (BLGO) | $60.63 Million | 31.49% | 0.06x | $1.27 Million |