Maytronics

TA:MTRN Israel Consumer Electronics
Market Cap
$93.27 Million
ILA34.79 Billion ILA
Market Cap Rank
#35482 Global
#221 in Israel
Share Price
ILA317.00
Change (1 day)
-2.43%
52-Week Range
ILA317.00 - ILA630.00
All Time High
ILA7743.43
Categories
Companies in Israel Consumer Electronics Technology AI & Machine Learning
About

Maytronics Ltd., together with its subsidiaries, engages in the development, production, marketing, distribution, and technical support of swimming pool equipment in Israel, North America, Europe, Oceania, and internationally. The company operates through Cleaners for Private Pools, Cleaners for Public Pools, and Safety Products and Related Products for Pools segments. It offers robotic cleaners … Read more

Maytronics (MTRN) - Net Assets

Latest net assets as of September 2025: ILA682.79 Million ILA

Based on the latest financial reports, Maytronics (MTRN) has net assets worth ILA682.79 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 (ILA1.84 Billion) and total liabilities (ILA1.15 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 ILA682.79 Million
% of Total Assets 37.15%
Annual Growth Rate 12.33%
5-Year Change 47.84%
10-Year Change 182.4%
Growth Volatility 18.02

Maytronics - Net Assets Trend (2005–2024)

This chart illustrates how Maytronics's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Maytronics (2005–2024)

The table below shows the annual net assets of Maytronics from 2005 to 2024.

Year Net Assets Change
2024-12-31 ILA714.35 Million -14.64%
2023-12-31 ILA836.88 Million +13.21%
2022-12-31 ILA739.25 Million +26.22%
2021-12-31 ILA585.68 Million +21.21%
2020-12-31 ILA483.18 Million +19.78%
2019-12-31 ILA403.40 Million +9.43%
2018-12-31 ILA368.62 Million +16.32%
2017-12-31 ILA316.90 Million +10.97%
2016-12-31 ILA285.58 Million +12.89%
2015-12-31 ILA252.96 Million -0.40%
2014-12-31 ILA253.97 Million +10.31%
2013-12-31 ILA230.23 Million +5.21%
2012-12-31 ILA218.84 Million +3.29%
2011-12-31 ILA211.87 Million -11.90%
2010-12-31 ILA240.48 Million -3.44%
2009-12-31 ILA249.06 Million +51.73%
2007-12-31 ILA164.15 Million +49.95%
2006-12-31 ILA109.47 Million +39.56%
2005-12-31 ILA78.44 Million --

Equity Component Analysis

This analysis shows how different components contribute to Maytronics'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 1247.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ILA530.28 Million 80.23%
Common Stock ILA11.26 Million 1.70%
Other Comprehensive Income ILA526.00K 0.08%
Other Components ILA118.90 Million 17.99%
Total Equity ILA660.96 Million 100.00%

Maytronics Competitors by Market Cap

The table below lists competitors of Maytronics ranked by their market capitalization.

Company Market Cap
Vanadiumcorp Resource Inc
PINK:VRBFF
 		$1.28 Million
Lambo Group Bhd
KLSE:0018
 		$1.28 Million
Opyl Ltd
AU:OPL
 		$1.28 Million
LEGRAND (LRC.SG)
STU:LRC
 		$1.28 Million
CONSTELLATION BRD-A
MU:CB1A
 		$1.28 Million
Oscar Mitra Sukses Sejahtera Tbk PT
JK:OLIV
 		$1.28 Million
Accunia Inv European CLO AAA/AA Akk DKK
CO:ACAEUC
 		$1.28 Million
Intan Baruprana Finance Tbk
JK:IBFN
 		$1.28 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Maytronics's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 758,224,000 to 660,963,000, a change of -97,261,000 (-12.8%).
  • Net loss of 34,148,000 reduced equity.
  • Dividend payments of 45,000,000 reduced retained earnings.
  • New share issuances of 3,000 increased equity.
  • Other comprehensive income increased equity by 525,999.
  • Other factors decreased equity by 18,641,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA-34.15 Million -5.17%
Dividends Paid ILA45.00 Million -6.81%
Share Issuances ILA3.00K +0.0%
Other Comprehensive Income ILA526.00K +0.08%
Other Changes ILA-18.64 Million -2.82%
Total Change ILA- -12.83%

Book Value vs Market Value Analysis

This analysis compares Maytronics'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: 51.73x
  • 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 157.96x to 51.73x 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 ILA2.01 ILA317.00 x
2013-12-31 ILA2.12 ILA317.00 x
2014-12-31 ILA2.33 ILA317.00 x
2015-12-31 ILA2.30 ILA317.00 x
2016-12-31 ILA2.59 ILA317.00 x
2017-12-31 ILA2.85 ILA317.00 x
2018-12-31 ILA3.26 ILA317.00 x
2019-12-31 ILA3.53 ILA317.00 x
2020-12-31 ILA4.14 ILA317.00 x
2021-12-31 ILA4.98 ILA317.00 x
2022-12-31 ILA6.14 ILA317.00 x
2023-12-31 ILA6.91 ILA317.00 x
2024-12-31 ILA6.13 ILA317.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Maytronics 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): -5.17%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.10%
  • • Asset Turnover: 0.78x
  • • Equity Multiplier: 3.16x
  • Recent ROE (-5.17%) is below the historical average (25.50%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 35.77% 18.24% 1.31x 1.50x ILA20.21 Million
2006 41.55% 21.82% 1.38x 1.38x ILA34.53 Million
2007 36.60% 26.61% 1.10x 1.26x ILA43.67 Million
2009 17.43% 17.33% 0.67x 1.49x ILA15.56 Million
2010 9.94% 9.21% 0.76x 1.41x ILA-138.40K
2012 16.56% 10.67% 1.13x 1.38x ILA14.16 Million
2013 22.45% 13.44% 1.23x 1.36x ILA28.34 Million
2014 24.65% 15.12% 1.17x 1.40x ILA36.75 Million
2015 23.78% 12.51% 1.13x 1.68x ILA34.19 Million
2016 24.66% 12.27% 1.27x 1.59x ILA40.86 Million
2017 26.40% 12.67% 1.26x 1.66x ILA50.28 Million
2018 28.31% 13.30% 1.19x 1.78x ILA64.36 Million
2019 29.03% 13.14% 1.09x 2.03x ILA72.90 Million
2020 34.17% 14.33% 1.01x 2.36x ILA109.13 Million
2021 40.95% 15.89% 0.98x 2.63x ILA169.31 Million
2022 32.38% 12.22% 0.85x 3.10x ILA150.89 Million
2023 19.55% 7.85% 0.87x 2.87x ILA72.43 Million
2024 -5.17% -2.10% 0.78x 3.16x ILA-100.24 Million

Industry Comparison

This section compares Maytronics's net assets metrics with peer companies in the Consumer Electronics industry.

Industry Context

  • Industry: Consumer Electronics
  • Average net assets among peers: $121,977,500
  • Average return on equity (ROE) among peers: 3.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Maytronics (MTRN) ILA682.79 Million 35.77% 1.69x $1.28 Million
Electra Co Pr (ECP) $133.11 Million 0.00% 1.49x $6.60 Million
Tadiran Hldg (TDRN) $110.85 Million 6.46% 3.26x $4.53 Million