Meitav Dash Investments Ltd
Meitav DS Investments Ltd is a publicly owned investment manager. The firm provides its services to private, business and institutional clients. It engages in the fund management activities in Israel. The firm manages investment portfolios, mutual funds, and provident funds, as well as pension, education, and other purpose funds. It also manages separate client-focused portfolios. Meitav DS Inves… Read more
Meitav Dash Investments Ltd (MTDS) - Net Assets
Latest net assets as of June 2022: ILA840.00 Million ILA
Based on the latest financial reports, Meitav Dash Investments Ltd (MTDS) has net assets worth ILA840.00 Million ILA as of June 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA4.45 Billion) and total liabilities (ILA3.61 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 | ILA840.00 Million |
| % of Total Assets | 18.87% |
| Annual Growth Rate | 3.64% |
| 5-Year Change | -23.49% |
| 10-Year Change | 56.73% |
| Growth Volatility | 20.64 |
Meitav Dash Investments Ltd - Net Assets Trend (2007–2021)
This chart illustrates how Meitav Dash Investments 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 Meitav Dash Investments Ltd (2007–2021)
The table below shows the annual net assets of Meitav Dash Investments Ltd from 2007 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | ILA710.00 Million | -44.40% |
| 2020-12-31 | ILA1.28 Billion | +27.45% |
| 2019-12-31 | ILA1.00 Billion | +5.47% |
| 2018-12-31 | ILA950.00 Million | +2.37% |
| 2017-12-31 | ILA928.00 Million | +20.99% |
| 2016-12-31 | ILA767.00 Million | +15.51% |
| 2015-12-31 | ILA664.00 Million | +9.39% |
| 2014-12-31 | ILA607.00 Million | +4.12% |
| 2013-12-31 | ILA583.00 Million | +28.70% |
| 2012-12-31 | ILA453.00 Million | -1.10% |
| 2011-12-31 | ILA458.03 Million | +5.02% |
| 2010-12-31 | ILA436.15 Million | +1.94% |
| 2009-12-31 | ILA427.85 Million | +36.58% |
| 2008-12-31 | ILA313.25 Million | -27.20% |
| 2007-12-31 | ILA430.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Meitav Dash Investments 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 decreased by 415.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA66.00 Million | 13.02% |
| Other Components | ILA540.00 Million | 106.51% |
| Total Equity | ILA507.00 Million | 100.00% |
Meitav Dash Investments Ltd Competitors by Market Cap
The table below lists competitors of Meitav Dash Investments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TILT Holdings Inc
OTCQX:TLLTF
|
$2.92 Million |
|
Harper Hygienics S.A.
WAR:HRP
|
$2.92 Million |
|
Storebrand Global Plus A5
CO:STIGP
|
$2.92 Million |
|
Solution Engineering Holdings Bhd
KLSE:0093
|
$2.92 Million |
|
Raj Rayon Industries Limited
NSE:RAJRILTD
|
$2.92 Million |
|
CPI Computer Peripherals International
AT:CPI
|
$2.91 Million |
|
Delivra Health Brands Inc
OTCQB:DHBUF
|
$2.91 Million |
|
INVO Bioscience Inc
NASDAQ:INVO
|
$2.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meitav Dash Investments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 979,000,000 to 507,000,000, a change of -472,000,000 (-48.2%).
- Net loss of 414,000,000 reduced equity.
- Dividend payments of 55,000,000 reduced retained earnings.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-414.00 Million | -81.66% |
| Dividends Paid | ILA55.00 Million | -10.85% |
| Other Changes | ILA-3.00 Million | -0.59% |
| Total Change | ILA- | -48.21% |
Book Value vs Market Value Analysis
This analysis compares Meitav Dash Investments 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: 1643.20x
- 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 1012.58x to 1643.20x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ILA12.34 | ILA12500.00 | x |
| 2018-12-31 | ILA12.63 | ILA12500.00 | x |
| 2019-12-31 | ILA12.90 | ILA12500.00 | x |
| 2020-12-31 | ILA15.02 | ILA12500.00 | x |
| 2021-12-31 | ILA7.61 | ILA12500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meitav Dash Investments 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): -81.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -71.01%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 8.17x
- Recent ROE (-81.66%) is below the historical average (6.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 15.28% | 20.83% | 0.37x | 2.01x | ILA22.72 Million |
| 2009 | 34.64% | 36.67% | 0.65x | 1.46x | ILA105.44 Million |
| 2010 | 17.75% | 18.49% | 0.46x | 2.08x | ILA33.71 Million |
| 2011 | 15.70% | 15.48% | 0.03x | 40.22x | ILA26.11 Million |
| 2012 | 6.00% | 6.22% | 0.02x | 49.90x | ILA-18.00 Million |
| 2013 | 2.08% | 1.73% | 0.02x | 55.25x | ILA-45.80 Million |
| 2014 | 13.06% | 10.08% | 0.02x | 61.00x | ILA18.50 Million |
| 2015 | 13.44% | 11.96% | 0.02x | 50.47x | ILA22.50 Million |
| 2016 | 11.44% | 10.32% | 0.03x | 44.19x | ILA10.10 Million |
| 2017 | 11.85% | 10.87% | 0.03x | 39.28x | ILA14.80 Million |
| 2018 | 8.36% | 7.75% | 0.31x | 3.47x | ILA-13.50 Million |
| 2019 | 9.11% | 8.43% | 0.28x | 3.79x | ILA-7.60 Million |
| 2020 | 16.55% | 19.45% | 0.24x | 3.61x | ILA64.10 Million |
| 2021 | -81.66% | -71.01% | 0.14x | 8.17x | ILA-464.70 Million |
Industry Comparison
This section compares Meitav Dash Investments Ltd's net assets metrics with peer companies in the Investment Banking & Investment Services industry.
Industry Context
- Industry: Investment Banking & Investment Services
- Average net assets among peers: $54,312,333
- Average return on equity (ROE) among peers: -15.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meitav Dash Investments Ltd (MTDS) | ILA840.00 Million | 15.28% | 4.30x | $2.92 Million |
| Israel China Biotechnology (ICB) Ltd (ICB) | $5.78 Million | -75.53% | 0.41x | $52.21K |
| Inbar Group Finance Ltd (INBR) | $28.19 Million | 18.30% | 15.22x | $175.72K |
| Poalim Ibi (PIU) | $128.97 Million | 11.66% | 0.07x | $434.63K |