OY Nofar Energy Ltd
O.Y. Nofar Energy Ltd develops, designs, licenses, constructs, and operates photovoltaic systems on rooftops in Israel. It engages in the initiation, financing, construction, operation, and maintenance of solar power generation systems, wind power generation systems, and battery storage systems in the United States, Poland, Romania, Spain, Italy, England, Serbia and Czech Republic. O.Y. Nofar Ene… Read more
OY Nofar Energy Ltd (NOFR) - Net Assets
Latest net assets as of September 2025: ILA2.35 Billion ILA
Based on the latest financial reports, OY Nofar Energy Ltd (NOFR) has net assets worth ILA2.35 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 (ILA7.80 Billion) and total liabilities (ILA5.45 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 | ILA2.35 Billion |
| % of Total Assets | 30.11% |
| Annual Growth Rate | 123.01% |
| 5-Year Change | 192.32% |
| 10-Year Change | N/A |
| Growth Volatility | 650.49 |
OY Nofar Energy Ltd - Net Assets Trend (2018–2024)
This chart illustrates how OY Nofar Energy 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 OY Nofar Energy Ltd (2018–2024)
The table below shows the annual net assets of OY Nofar Energy Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA2.41 Billion | -13.00% |
| 2023-12-31 | ILA2.77 Billion | +9.76% |
| 2022-12-31 | ILA2.52 Billion | +74.90% |
| 2021-12-31 | ILA1.44 Billion | +75.02% |
| 2020-12-31 | ILA824.70 Million | +1795.12% |
| 2019-12-31 | ILA43.52 Million | +122.28% |
| 2018-12-31 | ILA19.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to OY Nofar Energy 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 1411.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA1.72 Billion | 105.40% |
| Other Comprehensive Income | ILA86.71 Million | 5.33% |
| Other Components | ILA1.00 | 0.00% |
| Total Equity | ILA1.63 Billion | 100.00% |
OY Nofar Energy Ltd Competitors by Market Cap
The table below lists competitors of OY Nofar Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yjn Co.,Ltd.
TWO:3191
|
$16.42 Million |
|
MMP Industries Limited
NSE:MMP
|
$16.42 Million |
|
Targovax ASA
LSE:0RIS
|
$16.43 Million |
|
PT TBS Energi Utama Tbk
F:6AU
|
$16.44 Million |
|
Concord Medical Services Holdings
NYSE:CCM
|
$16.41 Million |
|
Aptamer Sciences Inc
KQ:291650
|
$16.41 Million |
|
Star Media Group Bhd
KLSE:6084
|
$16.40 Million |
|
4C Group AB
ST:4C
|
$16.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in OY Nofar Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,822,007,000 to 1,628,333,000, a change of -193,674,000 (-10.6%).
- Net loss of 26,905,000 reduced equity.
- Other comprehensive income increased equity by 86,710,999.
- Other factors decreased equity by 253,479,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-26.91 Million | -1.65% |
| Other Comprehensive Income | ILA86.71 Million | +5.33% |
| Other Changes | ILA-253.48 Million | -15.57% |
| Total Change | ILA- | -10.63% |
Book Value vs Market Value Analysis
This analysis compares OY Nofar Energy 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: 345.62x
- 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 21116.10x to 345.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ILA0.76 | ILA15960.00 | x |
| 2019-12-31 | ILA1.68 | ILA15960.00 | x |
| 2020-12-31 | ILA61.63 | ILA15960.00 | x |
| 2021-12-31 | ILA50.47 | ILA15960.00 | x |
| 2022-12-31 | ILA48.09 | ILA15960.00 | x |
| 2023-12-31 | ILA51.17 | ILA15960.00 | x |
| 2024-12-31 | ILA46.18 | ILA15960.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently OY Nofar Energy 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): -1.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.59%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 3.82x
- Recent ROE (-1.65%) is below the historical average (-0.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 11.22% | 3.05% | 0.94x | 3.90x | ILA239.20K |
| 2019 | 11.20% | 3.44% | 0.90x | 3.61x | ILA520.30K |
| 2020 | -30.58% | -117.55% | 0.20x | 1.28x | ILA-334.71 Million |
| 2021 | 0.31% | 1.21% | 0.17x | 1.56x | ILA-134.82 Million |
| 2022 | 9.50% | 47.37% | 0.07x | 2.85x | ILA-8.06 Million |
| 2023 | -4.87% | -27.64% | 0.06x | 3.11x | ILA-270.86 Million |
| 2024 | -1.65% | -8.59% | 0.05x | 3.82x | ILA-189.74 Million |
Industry Comparison
This section compares OY Nofar Energy Ltd's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $103,767,667
- Average return on equity (ROE) among peers: -21.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| OY Nofar Energy Ltd (NOFR) | ILA2.35 Billion | 11.22% | 2.32x | $16.42 Million |
| Apollo Power Ltd (APLP) | $179.60 Million | -48.26% | 0.50x | $784.30K |
| Solaer Israel Ltd (SOLR) | $184.80 Million | -15.59% | 4.60x | $3.59 Million |
| Tigi Ltd (TIGI) | $-53.10 Million | 0.00% | 0.00x | $34.03K |