Mydas Real Estate Investments Ltd
Mydas Real Estate Investmens Ltd, formerly known as Mydas Investment Fund Ltd., owns and operates retirement homes and hotels. Mydas Investment Fund Ltd. was formerly known as Spancrete (1990) Ltd. Mydas Real Estate Investmens Ltd is based in Soreq Valley, Israel.
Mydas Real Estate Investments Ltd (MYDS) - Net Assets
Latest net assets as of September 2025: ILA47.72 Million ILA
Based on the latest financial reports, Mydas Real Estate Investments Ltd (MYDS) has net assets worth ILA47.72 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 (ILA221.65 Million) and total liabilities (ILA173.94 Million). 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 | ILA47.72 Million |
| % of Total Assets | 21.53% |
| Annual Growth Rate | 0.61% |
| 5-Year Change | 13.07% |
| 10-Year Change | 111.98% |
| Growth Volatility | 120.22 |
Mydas Real Estate Investments Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Mydas Real Estate 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 Mydas Real Estate Investments Ltd (2007–2024)
The table below shows the annual net assets of Mydas Real Estate Investments Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA57.08 Million | -13.82% |
| 2023-12-31 | ILA66.23 Million | +9.87% |
| 2022-12-31 | ILA60.28 Million | -3.20% |
| 2021-12-31 | ILA62.27 Million | +23.36% |
| 2020-12-31 | ILA50.48 Million | +69.20% |
| 2019-12-31 | ILA29.83 Million | +2.21% |
| 2018-12-31 | ILA29.19 Million | +1.59% |
| 2017-12-31 | ILA28.73 Million | -22.24% |
| 2016-12-31 | ILA36.95 Million | +37.22% |
| 2015-12-31 | ILA26.93 Million | -11.86% |
| 2014-12-31 | ILA30.55 Million | -56.66% |
| 2013-12-31 | ILA70.50 Million | -18.56% |
| 2012-12-31 | ILA86.56 Million | +242.07% |
| 2011-12-31 | ILA25.30 Million | +379.15% |
| 2010-12-31 | ILA5.28 Million | +139.40% |
| 2009-12-31 | ILA-13.40 Million | +35.79% |
| 2008-12-31 | ILA-20.87 Million | -140.55% |
| 2007-12-31 | ILA51.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mydas Real Estate 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 8757900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA1.01 Million | 1.77% |
| Other Components | ILA143.65 Million | 251.66% |
| Total Equity | ILA57.08 Million | 100.00% |
Mydas Real Estate Investments Ltd Competitors by Market Cap
The table below lists competitors of Mydas Real Estate Investments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Constellation Oil Services Holding S.A.
OL:COSH
|
$111.17K |
|
KOBE STEEL LTD
MU:KST
|
$111.35K |
|
Primeserv Group Ltd
JSE:PMV
|
$111.39K |
|
Shin Hwa Silup Co. Ltd.
KQ:001770
|
$111.43K |
|
FABASOFT - Dusseldorf Stock Exchang
DU:FAA
|
$111.13K |
|
TRANSALTA
MU:TZ1
|
$110.98K |
|
Huge Group Ltd
JSE:HUG
|
$110.97K |
|
Alligo AB Class B
F:1MH
|
$110.95K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mydas Real Estate Investments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 66,231,000 to 57,080,000, a change of -9,151,000 (-13.8%).
- Net loss of 12,967,000 reduced equity.
- New share issuances of 3,841,000 increased equity.
- Other comprehensive income decreased equity by 25,523,000.
- Other factors increased equity by 25,498,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-12.97 Million | -22.72% |
| Share Issuances | ILA3.84 Million | +6.73% |
| Other Comprehensive Income | ILA-25.52 Million | -44.71% |
| Other Changes | ILA25.50 Million | +44.67% |
| Total Change | ILA- | -13.82% |
Book Value vs Market Value Analysis
This analysis compares Mydas Real Estate 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: 69.15x
- 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 66.09x to 69.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ILA0.66 | ILA43.80 | x |
| 2014-12-31 | ILA0.79 | ILA43.80 | x |
| 2015-12-31 | ILA0.69 | ILA43.80 | x |
| 2016-12-31 | ILA0.87 | ILA43.80 | x |
| 2017-12-31 | ILA0.52 | ILA43.80 | x |
| 2018-12-31 | ILA0.51 | ILA43.80 | x |
| 2019-12-31 | ILA0.42 | ILA43.80 | x |
| 2020-12-31 | ILA0.68 | ILA43.80 | x |
| 2021-12-31 | ILA0.77 | ILA43.80 | x |
| 2022-12-31 | ILA0.73 | ILA43.80 | x |
| 2023-12-31 | ILA0.92 | ILA43.80 | x |
| 2024-12-31 | ILA0.63 | ILA43.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mydas Real Estate 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): -22.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -660.91%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 4.06x
- Recent ROE (-22.72%) is below the historical average (24.00%), 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 | 63.98% | 57.34% | 0.13x | 8.86x | ILA27.78 Million |
| 2010 | 322.69% | 68.70% | 0.11x | 43.11x | ILA16.51 Million |
| 2011 | 40.97% | 57.02% | 0.09x | 7.67x | ILA7.84 Million |
| 2012 | 4.71% | 14.78% | 0.04x | 7.87x | ILA-1.62 Million |
| 2013 | -19.25% | -1418.62% | 0.00x | 10.25x | ILA-7.52 Million |
| 2014 | 11.94% | 65.41% | 0.02x | 9.59x | ILA594.00K |
| 2015 | -15.20% | -29.91% | 0.05x | 10.36x | ILA-6.79 Million |
| 2016 | 14.96% | 611.50% | 0.00x | 8.86x | ILA1.83 Million |
| 2017 | -36.30% | -1540.77% | 0.00x | 10.72x | ILA-13.30 Million |
| 2018 | -6.72% | -382.46% | 0.00x | 3.98x | ILA-4.88 Million |
| 2019 | -11.97% | -426.01% | 0.01x | 3.34x | ILA-6.55 Million |
| 2020 | 39.97% | 2723.21% | 0.01x | 1.34x | ILA15.13 Million |
| 2021 | -1.53% | -68.14% | 0.01x | 3.09x | ILA-7.18 Million |
| 2022 | -3.75% | -43.34% | 0.03x | 3.44x | ILA-8.44 Million |
| 2023 | 2.18% | 27.05% | 0.03x | 3.07x | ILA-5.18 Million |
| 2024 | -22.72% | -660.91% | 0.01x | 4.06x | ILA-18.68 Million |
Industry Comparison
This section compares Mydas Real Estate Investments Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $208,729,600
- Average return on equity (ROE) among peers: 2.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mydas Real Estate Investments Ltd (MYDS) | ILA47.72 Million | 63.98% | 3.65x | $111.17K |
| Altshuler Shaham Financial LTD (ALTF) | $226.06 Million | 40.24% | 1.63x | $3.04 Million |
| Aluma Infrastructure Fund 2020 Ltd (ALUMA) | $292.28 Million | -11.48% | 0.32x | $815.87K |
| Analyst IMS Investment Management Services Ltd (ANLT) | $143.58 Million | 9.07% | 0.27x | $4.61 Million |
| Big Tech 50 R&D-Limited Partnership (BIGT) | $13.16 Million | -43.11% | 0.01x | $51.60K |
| Bio Meat Foodtech - Limited Partnership (BIMT) | $43.73 Million | 47.00% | 0.47x | $145.66K |
| Capital Point (CPTP) | $50.49 Million | 0.00% | 0.77x | $191.24K |
| Eldav-L (ELDAV) | $92.58 Million | -4.24% | 1.14x | $167.48K |
| Elron Electronic Industries Ltd (ELRN) | $194.08 Million | -4.34% | 0.07x | $715.25K |
| Emilia Devel (EMDV) | $1.01 Billion | 6.07% | 1.56x | $2.15 Million |
| Feat Fund Investments Limited Partnership (FEAT) | $25.84 Million | -17.83% | 0.05x | $24.04K |