Mizrahi Tefahot (MZTF) - Net Assets

Latest as of September 2025: ILA35.56 Billion ILA ≈ $95.34 Million USD

Based on the latest financial reports, Mizrahi Tefahot (MZTF) has net assets worth ILA35.56 Billion ILA (≈ $95.34 Million USD) 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 ≈ $1.41 Billion USD) and total liabilities (ILA489.83 Billion ≈ $1.31 Billion USD). 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. Check how resilient are Mizrahi Tefahot's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Mizrahi Tefahot for the complete picture of this company's asset base.

Annual Net Assets for Mizrahi Tefahot (2000–2024)

The table below shows the annual net assets of Mizrahi Tefahot from 2000 to 2024. For live valuation and market cap data, see how much is Mizrahi Tefahot worth.

Year	Net Assets	Change
2024-12-31	ILA32.73 Billion ≈ $87.75 Million	+14.03%
2023-12-31	ILA28.70 Billion ≈ $76.95 Million	+15.42%
2022-12-31	ILA24.87 Billion ≈ $66.67 Million	+14.45%
2021-12-31	ILA21.73 Billion ≈ $58.25 Million	+10.47%
2020-12-31	ILA19.67 Billion ≈ $52.73 Million	+17.04%
2019-12-31	ILA16.80 Billion ≈ $45.05 Million	+9.19%
2018-12-31	ILA15.39 Billion ≈ $41.26 Million	+7.42%
2017-12-31	ILA14.33 Billion ≈ $38.41 Million	+7.53%
2016-12-31	ILA13.32 Billion ≈ $35.72 Million	+7.32%
2015-12-31	ILA12.41 Billion ≈ $33.28 Million	+7.96%
2014-12-31	ILA11.50 Billion ≈ $30.83 Million	+11.27%
2013-12-31	ILA10.34 Billion ≈ $27.71 Million	+11.71%
2012-12-31	ILA9.25 Billion ≈ $24.80 Million	+14.87%
2011-12-31	ILA8.05 Billion ≈ $21.59 Million	+6.10%
2010-12-31	ILA7.59 Billion ≈ $20.35 Million	+10.25%
2009-12-31	ILA6.88 Billion ≈ $18.46 Million	+9.23%
2008-12-31	ILA6.30 Billion ≈ $16.90 Million	+13.42%
2007-12-31	ILA5.56 Billion ≈ $14.90 Million	+9.67%
2006-12-31	ILA5.07 Billion ≈ $13.58 Million	+8.22%
2005-12-31	ILA4.68 Billion ≈ $12.55 Million	+13.12%
2004-12-31	ILA4.14 Billion ≈ $11.10 Million	-0.46%
2003-12-31	ILA4.16 Billion ≈ $11.15 Million	+9.74%
2002-12-31	ILA3.79 Billion ≈ $10.16 Million	+14.20%
2001-12-31	ILA3.32 Billion ≈ $8.90 Million	+9.94%
2000-12-31	ILA3.02 Billion ≈ $8.09 Million	--

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
Hangzhou Chang Chuan Technology Co Ltd SHE:300604	$16.17 Billion
Hitachi Energy India Limited NSE:POWERINDIA	$16.17 Billion
Super Micro Computer Inc NASDAQ:SMCI	$16.23 Billion
E.SUN Financial Holding Co Ltd TW:2884	$16.23 Billion
Iflytek Co Ltd SHE:002230	$16.17 Billion
Yunnan Aluminium Co Ltd SHE:000807	$16.14 Billion
IONQ Inc NYSE:IONQ	$16.08 Billion
Guosen Securities Co Ltd SHE:002736	$16.07 Billion

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: 191.67x
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 394.38x to 191.67x 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	ILA23200.00	x
2018-12-31	ILA62.91	ILA23200.00	x
2019-12-31	ILA68.25	ILA23200.00	x
2020-12-31	ILA73.72	ILA23200.00	x
2021-12-31	ILA80.98	ILA23200.00	x
2022-12-31	ILA92.47	ILA23200.00	x
2023-12-31	ILA106.39	ILA23200.00	x
2024-12-31	ILA121.04	ILA23200.00	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: $33,195,399,143
Average return on equity (ROE) among peers: 6.47%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mizrahi Tefahot (MZTF)	ILA35.56 Billion	11.69%	13.77x	$16.17 Billion
Israel Discount Bank Ltd (DSCT)	$176.29 Billion	0.52%	0.07x	$10.78 Billion
Export Inv (EXPO)	$1.37 Billion	9.07%	15.37x	$245.18 Million
First International Bank of Israel Ltd (FIBI)	$3.47 Billion	0.00%	17.87x	$6.63 Billion
FIBI Holdings Ltd (FIBIH)	$11.04 Billion	7.26%	16.74x	$2.91 Billion
Jerusalem (JBNK)	$1.37 Billion	9.84%	14.96x	$445.23 Million
Bank Leumi Le-Israel B.M (LUMI)	$26.14 Billion	5.41%	14.19x	$1.08 Billion
Bank Hapoalim (POLI)	$12.69 Billion	13.18%	16.58x	$27.88 Billion

About Mizrahi Tefahot

TA:MZTF Israel Banks - Regional

Market Cap

$16.17 Billion

ILA6.03 Trillion ILA

Market Cap Rank

#1521 Global

#3 in Israel

Share Price

ILA23200.00

Change (1 day)

+0.00%

52-Week Range

ILA18230.00 - ILA26000.00

All Time High

ILA26000.00