Mizrahi Tefahot

TA:MZTF Israel Banks - Regional
Market Cap
$16.03 Billion
ILA5.98 Trillion ILA
Market Cap Rank
#16101 Global
#6 in Israel
Share Price
ILA23000.00
Change (1 day)
+1.95%
52-Week Range
ILA15770.00 - ILA26000.00
All Time High
ILA26000.00
Categories
Companies in Israel Banks - Regional Banking & Financial
About

Mizrahi Tefahot Bank Ltd., together with its subsidiaries, provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel and internationally. It operates through Household, Private Banking, Small and Micro Business, Medium Business, Large Business, Institutional Investors, and Financial Management segments. The company offers checki… Read more

Mizrahi Tefahot (MZTF) - Net Assets

Latest net assets as of September 2025: ILA35.56 Billion ILA

Based on the latest financial reports, Mizrahi Tefahot (MZTF) has net assets worth ILA35.56 Billion ILA as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA525.39 Billion) and total liabilities (ILA489.83 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 ILA35.56 Billion
% of Total Assets 6.77%
Annual Growth Rate 10.44%
5-Year Change 66.4%
10-Year Change 163.62%
Growth Volatility 3.71

Mizrahi Tefahot - Net Assets Trend (2000–2024)

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

Annual Net Assets for Mizrahi Tefahot (2000–2024)

The table below shows the annual net assets of Mizrahi Tefahot from 2000 to 2024.

Year Net Assets Change
2024-12-31 ILA32.73 Billion +14.03%
2023-12-31 ILA28.70 Billion +15.42%
2022-12-31 ILA24.87 Billion +14.45%
2021-12-31 ILA21.73 Billion +10.47%
2020-12-31 ILA19.67 Billion +17.04%
2019-12-31 ILA16.80 Billion +9.19%
2018-12-31 ILA15.39 Billion +7.42%
2017-12-31 ILA14.33 Billion +7.53%
2016-12-31 ILA13.32 Billion +7.32%
2015-12-31 ILA12.41 Billion +7.96%
2014-12-31 ILA11.50 Billion +11.27%
2013-12-31 ILA10.34 Billion +11.71%
2012-12-31 ILA9.25 Billion +14.87%
2011-12-31 ILA8.05 Billion +6.10%
2010-12-31 ILA7.59 Billion +10.25%
2009-12-31 ILA6.88 Billion +9.23%
2008-12-31 ILA6.30 Billion +13.42%
2007-12-31 ILA5.56 Billion +9.67%
2006-12-31 ILA5.07 Billion +8.22%
2005-12-31 ILA4.68 Billion +13.12%
2004-12-31 ILA4.14 Billion -0.46%
2003-12-31 ILA4.16 Billion +9.74%
2002-12-31 ILA3.79 Billion +14.20%
2001-12-31 ILA3.32 Billion +9.94%
2000-12-31 ILA3.02 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Mizrahi Tefahot'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 2423.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ILA27.78 Billion 88.78%
Other Components ILA3.51 Billion 11.22%
Total Equity ILA31.29 Billion 100.00%

Mizrahi Tefahot Competitors by Market Cap

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

Company Market Cap
China Metal Products Co Ltd
TW:1532
 		$161.98 Million
ARCHICOM SA ZY10
F:696
 		$162.03 Million
Uniper SE
PINK:UNPRF
 		$162.04 Million
Leysen Jewellery Inc
SHG:603900
 		$162.11 Million
888 Holdings
PINK:EIHDF
 		$161.96 Million
EREX CO. LTD
F:6HF
 		$161.91 Million
Shanghai KEN Tools Co Ltd
SHE:300126
 		$161.90 Million
Ellington Residential Mortgage
NYSE:EARN
 		$161.90 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 27,461,000,000 to 31,292,000,000, a change of 3,831,000,000 (14.0%).
  • Net income of 5,455,000,000 contributed positively to equity growth.
  • Dividend payments of 1,904,000,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA5.46 Billion +17.43%
Dividends Paid ILA1.90 Billion -6.08%
Other Changes ILA280.00 Million +0.89%
Total Change ILA- 13.95%

Book Value vs Market Value Analysis

This analysis compares Mizrahi Tefahot'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: 190.02x
  • 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 390.98x to 190.02x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 ILA58.83 ILA23000.00 x
2018-12-31 ILA62.91 ILA23000.00 x
2019-12-31 ILA68.25 ILA23000.00 x
2020-12-31 ILA73.72 ILA23000.00 x
2021-12-31 ILA80.98 ILA23000.00 x
2022-12-31 ILA92.47 ILA23000.00 x
2023-12-31 ILA106.39 ILA23000.00 x
2024-12-31 ILA121.04 ILA23000.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mizrahi Tefahot 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): 17.43%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 37.19%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 15.52x
  • Recent ROE (17.43%) is above the historical average (11.22%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 11.69% 5.95% 0.08x 24.43x ILA47.60 Million
2001 7.59% 3.56% 0.09x 24.33x ILA-74.50 Million
2002 7.80% 5.33% 0.07x 22.03x ILA-77.10 Million
2003 9.14% 5.54% 0.08x 20.37x ILA-33.50 Million
2004 9.41% 6.72% 0.07x 20.13x ILA-24.30 Million
2005 10.97% 7.42% 0.08x 18.47x ILA45.40 Million
2006 8.44% 8.07% 0.06x 17.92x ILA-79.10 Million
2007 12.25% 12.07% 0.06x 17.15x ILA125.30 Million
2008 10.10% 11.09% 0.05x 19.16x ILA5.80 Million
2009 8.14% 8.71% 0.05x 18.13x ILA-121.20 Million
2010 11.11% 16.51% 0.04x 18.46x ILA80.20 Million
2011 13.64% 10.65% 0.07x 19.60x ILA279.40 Million
2012 12.21% 13.80% 0.05x 18.41x ILA194.90 Million
2013 10.94% 13.58% 0.04x 18.23x ILA92.80 Million
2014 9.86% 16.50% 0.03x 18.07x ILA-15.70 Million
2015 9.57% 21.89% 0.02x 17.65x ILA-50.70 Million
2016 9.96% 22.93% 0.02x 18.13x ILA-5.40 Million
2017 9.84% 22.74% 0.02x 17.51x ILA-21.50 Million
2018 8.21% 17.59% 0.03x 17.57x ILA-262.10 Million
2019 11.49% 25.42% 0.03x 17.04x ILA238.70 Million
2020 8.56% 20.50% 0.02x 19.15x ILA-270.40 Million
2021 15.35% 31.10% 0.03x 18.89x ILA1.11 Billion
2022 18.81% 33.77% 0.03x 18.01x ILA2.09 Billion
2023 17.88% 33.32% 0.03x 16.32x ILA2.16 Billion
2024 17.43% 37.19% 0.03x 15.52x ILA2.33 Billion

Industry Comparison

This section compares Mizrahi Tefahot's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $115,216,667,200
  • Average return on equity (ROE) among peers: 4.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Mizrahi Tefahot (MZTF) ILA35.56 Billion 11.69% 13.77x $161.96 Million
Israel Discount Bank Ltd (DSCT) $230.70 Billion 0.65% 0.04x $112.52 Million
Export Inv (EXPO) $1.11 Billion 11.35% 16.13x $2.81 Million
FIBI Holdings Ltd (FIBIH) $7.67 Billion 2.82% 15.36x $31.16 Million
Jerusalem (JBNK) $750.40 Million 8.66% 17.77x $4.59 Million
Bank Leumi Le-Israel B.M (LUMI) $335.86 Billion 0.56% 0.09x $2.73 Million