Opal Balance
Opal Balance Investments Ltd provides various financing services mainly to small and medium-sized businesses in Israel. The company operates in the cities of Ashdod, Holon, Haifa, Beer Sheva, Netivot, and Jerusalem. Opal Balance Investments Ltd was incorporated in 2005 and is based in Ashdod, Israel.
Opal Balance (OPAL) - Net Assets
Latest net assets as of September 2025: ILA236.13 Million ILA
Based on the latest financial reports, Opal Balance (OPAL) has net assets worth ILA236.13 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 (ILA504.64 Million) and total liabilities (ILA268.51 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 | ILA236.13 Million |
| % of Total Assets | 46.79% |
| Annual Growth Rate | N/A |
| 5-Year Change | 31.57% |
| 10-Year Change | 646.79% |
| Growth Volatility | 30.27 |
Opal Balance - Net Assets Trend (2009–2024)
This chart illustrates how Opal Balance's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Opal Balance (2009–2024)
The table below shows the annual net assets of Opal Balance from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA220.58 Million | +4.83% |
| 2023-12-31 | ILA210.41 Million | +7.55% |
| 2022-12-31 | ILA195.63 Million | +7.73% |
| 2021-12-31 | ILA181.59 Million | +8.32% |
| 2020-12-31 | ILA167.65 Million | +25.17% |
| 2019-12-31 | ILA133.93 Million | +75.87% |
| 2018-12-31 | ILA76.16 Million | +22.13% |
| 2017-12-31 | ILA62.36 Million | +28.08% |
| 2016-12-31 | ILA48.69 Million | +64.83% |
| 2015-12-31 | ILA29.54 Million | +72.76% |
| 2014-12-31 | ILA17.10 Million | +86.95% |
| 2013-12-31 | ILA9.14 Million | +645.97% |
| 2012-12-31 | ILA-1.68 Million | -25.09% |
| 2011-12-31 | ILA-1.34 Million | +99.17% |
| 2010-12-31 | ILA-161.40 Million | -30.24% |
| 2009-12-31 | ILA-123.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Opal Balance'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 12113600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA119.53 Million | 54.19% |
| Other Comprehensive Income | ILA3.75 Million | 1.70% |
| Other Components | ILA97.30 Million | 44.11% |
| Total Equity | ILA220.58 Million | 100.00% |
Opal Balance Competitors by Market Cap
The table below lists competitors of Opal Balance ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KAISER ALUM (KLU1.SG)
STU:KLU1
|
$1.03 Million |
|
Magnetic North Acquisition Corp
V:MNC
|
$1.03 Million |
|
PACCAR
MU:PAE
|
$1.03 Million |
|
Splash Beverage Group Inc
NYSE MKT:SBEV
|
$1.03 Million |
|
VIP Entertainment Technologies Inc.
PINK:VETIF
|
$1.03 Million |
|
Infinity Mining Ltd
AU:IMI
|
$1.03 Million |
|
NorthStar Gaming Holdings Inc.
V:BET
|
$1.03 Million |
|
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego SA
WAR:KPD
|
$1.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Opal Balance's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 210,411,000 to 220,578,000, a change of 10,167,000 (4.8%).
- Net income of 30,864,000 contributed positively to equity growth.
- Dividend payments of 15,738,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,748,999.
- Other factors decreased equity by 8,707,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA30.86 Million | +13.99% |
| Dividends Paid | ILA15.74 Million | -7.13% |
| Other Comprehensive Income | ILA3.75 Million | +1.7% |
| Other Changes | ILA-8.71 Million | -3.95% |
| Total Change | ILA- | 4.83% |
Book Value vs Market Value Analysis
This analysis compares Opal Balance'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: 152.75x
- 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 6548.17x to 152.75x 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 | ILA0.05 | ILA323.90 | x |
| 2013-12-31 | ILA0.61 | ILA323.90 | x |
| 2014-12-31 | ILA0.25 | ILA323.90 | x |
| 2015-12-31 | ILA0.41 | ILA323.90 | x |
| 2016-12-31 | ILA0.65 | ILA323.90 | x |
| 2017-12-31 | ILA0.78 | ILA323.90 | x |
| 2018-12-31 | ILA0.95 | ILA323.90 | x |
| 2019-12-31 | ILA1.53 | ILA323.90 | x |
| 2020-12-31 | ILA1.64 | ILA323.90 | x |
| 2021-12-31 | ILA1.74 | ILA323.90 | x |
| 2022-12-31 | ILA1.87 | ILA323.90 | x |
| 2023-12-31 | ILA2.01 | ILA323.90 | x |
| 2024-12-31 | ILA2.12 | ILA323.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Opal Balance 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): 13.99%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 37.19%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.98x
- Recent ROE (13.99%) is below the historical average (48.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 396.25% | 0.00% | 0.00x | 0.06x | ILA3.70 Million |
| 2013 | -23.59% | -15.66% | 0.33x | 4.55x | ILA-3.07 Million |
| 2014 | 51.31% | 28.64% | 0.53x | 3.39x | ILA7.06 Million |
| 2015 | 35.72% | 30.42% | 0.24x | 4.82x | ILA7.60 Million |
| 2016 | 28.59% | 33.81% | 0.23x | 3.71x | ILA9.05 Million |
| 2017 | 25.66% | 32.94% | 0.20x | 3.83x | ILA9.77 Million |
| 2018 | 29.85% | 37.72% | 0.19x | 4.12x | ILA15.12 Million |
| 2019 | 19.84% | 40.08% | 0.18x | 2.79x | ILA13.18 Million |
| 2020 | 12.27% | 35.82% | 0.17x | 2.02x | ILA3.81 Million |
| 2021 | 14.84% | 40.12% | 0.14x | 2.68x | ILA8.80 Million |
| 2022 | 14.82% | 32.19% | 0.18x | 2.59x | ILA9.43 Million |
| 2023 | 12.54% | 28.56% | 0.25x | 1.77x | ILA5.34 Million |
| 2024 | 13.99% | 37.19% | 0.19x | 1.98x | ILA8.81 Million |
Industry Comparison
This section compares Opal Balance's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $63,787,500
- Average return on equity (ROE) among peers: 17.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Opal Balance (OPAL) | ILA236.13 Million | 396.25% | 1.14x | $1.03 Million |
| Atreyu Capital Markets Ltd (ATRY) | $126.57 Million | 34.24% | 4.18x | $2.84 Million |
| Value Capital One Ltd (PLTF) | $1.00 Million | 0.00% | 0.06x | $1.38 Million |