Palram
Palram Industries (1990) Ltd operates as a manufacturer of extruded thermoplastic sheets and panel systems in Israel and internationally. It offers commercial and residential corrugated, flat, and multiwall sheets; panel systems; accessories; and construction and architecture, agriculture, sign and display, safety and security, industrial fabrication, and home and outdoor living solutions. The co… Read more
Palram (PLRM) - Net Assets
Latest net assets as of September 2025: ILA1.41 Billion ILA
Based on the latest financial reports, Palram (PLRM) has net assets worth ILA1.41 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 (ILA1.97 Billion) and total liabilities (ILA564.43 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 | ILA1.41 Billion |
| % of Total Assets | 71.4% |
| Annual Growth Rate | 7.11% |
| 5-Year Change | 61.88% |
| 10-Year Change | 124.12% |
| Growth Volatility | 9.41 |
Palram - Net Assets Trend (2004–2024)
This chart illustrates how Palram's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Palram (2004–2024)
The table below shows the annual net assets of Palram from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA1.41 Billion | +11.96% |
| 2023-12-31 | ILA1.26 Billion | +14.49% |
| 2022-12-31 | ILA1.10 Billion | +10.90% |
| 2021-12-31 | ILA989.94 Million | +13.88% |
| 2020-12-31 | ILA869.28 Million | +32.42% |
| 2019-12-31 | ILA656.47 Million | -3.43% |
| 2018-12-31 | ILA679.76 Million | +2.50% |
| 2017-12-31 | ILA663.17 Million | -0.17% |
| 2016-12-31 | ILA664.31 Million | +5.81% |
| 2015-12-31 | ILA627.86 Million | +4.98% |
| 2014-12-31 | ILA598.10 Million | +9.96% |
| 2013-12-31 | ILA543.94 Million | -0.27% |
| 2012-12-31 | ILA545.42 Million | +4.37% |
| 2011-12-31 | ILA522.59 Million | +5.85% |
| 2010-12-31 | ILA493.71 Million | -1.36% |
| 2009-12-31 | ILA500.51 Million | +15.76% |
| 2008-12-31 | ILA432.37 Million | -7.85% |
| 2007-12-31 | ILA469.20 Million | +23.90% |
| 2005-12-31 | ILA378.70 Million | +6.39% |
| 2004-12-31 | ILA355.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Palram'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 969.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA1.13 Billion | 88.72% |
| Common Stock | ILA43.55 Million | 3.43% |
| Other Comprehensive Income | ILA-61.94 Million | -4.88% |
| Other Components | ILA161.46 Million | 12.73% |
| Total Equity | ILA1.27 Billion | 100.00% |
Palram Competitors by Market Cap
The table below lists competitors of Palram ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fertilizantes Heringer S.A
SA:FHER3
|
$3.75 Million |
|
Predictmedix Inc
PINK:PMEDF
|
$3.75 Million |
|
Garovaglio y Zorraquin S.A.
BA:GARO
|
$3.75 Million |
|
CHUWIT FARM (2019) PUBLIC COMPANY LIMITED
BK:CFARM
|
$3.75 Million |
|
Aspen Group Inc
OTCQB:ASPU
|
$3.75 Million |
|
Renforth Resources Inc
PINK:RFHRF
|
$3.75 Million |
|
Herbal Dispatch Inc.
F:HA9
|
$3.75 Million |
|
Hypha Labs, Inc.
PINK:FUNI
|
$3.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Palram's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,130,764,000 to 1,268,311,000, a change of 137,547,000 (12.2%).
- Net income of 231,693,000 contributed positively to equity growth.
- Dividend payments of 90,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 61,935,999.
- Other factors increased equity by 57,789,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA231.69 Million | +18.27% |
| Dividends Paid | ILA90.00 Million | -7.1% |
| Other Comprehensive Income | ILA-61.94 Million | -4.88% |
| Other Changes | ILA57.79 Million | +4.56% |
| Total Change | ILA- | 12.16% |
Book Value vs Market Value Analysis
This analysis compares Palram'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: 103.75x
- 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 281.77x to 103.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ILA18.15 | ILA5115.00 | x |
| 2014-12-31 | ILA20.02 | ILA5115.00 | x |
| 2015-12-31 | ILA21.05 | ILA5115.00 | x |
| 2016-12-31 | ILA22.29 | ILA5115.00 | x |
| 2017-12-31 | ILA22.47 | ILA5115.00 | x |
| 2018-12-31 | ILA23.29 | ILA5115.00 | x |
| 2019-12-31 | ILA22.15 | ILA5115.00 | x |
| 2020-12-31 | ILA29.59 | ILA5115.00 | x |
| 2021-12-31 | ILA33.98 | ILA5115.00 | x |
| 2022-12-31 | ILA38.23 | ILA5115.00 | x |
| 2023-12-31 | ILA43.96 | ILA5115.00 | x |
| 2024-12-31 | ILA49.30 | ILA5115.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Palram 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): 18.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.40%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.56x
- Recent ROE (18.27%) is above the historical average (10.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 14.43% | 5.71% | 1.10x | 2.29x | ILA18.15 Million |
| 2008 | 0.71% | 0.29% | 1.05x | 2.33x | ILA-35.01 Million |
| 2009 | 13.77% | 6.44% | 0.94x | 2.27x | ILA16.43 Million |
| 2010 | 3.64% | 1.52% | 1.03x | 2.33x | ILA-27.41 Million |
| 2011 | 4.32% | 1.77% | 1.10x | 2.22x | ILA-25.78 Million |
| 2012 | 5.02% | 1.99% | 1.08x | 2.33x | ILA-23.42 Million |
| 2013 | 3.74% | 1.57% | 1.10x | 2.17x | ILA-29.21 Million |
| 2014 | 8.27% | 3.74% | 1.10x | 2.02x | ILA-8.91 Million |
| 2015 | 7.25% | 3.13% | 1.22x | 1.91x | ILA-14.87 Million |
| 2016 | 10.19% | 4.60% | 1.18x | 1.87x | ILA1.07 Million |
| 2017 | 5.16% | 2.26% | 1.17x | 1.95x | ILA-27.97 Million |
| 2018 | 3.53% | 1.45% | 1.15x | 2.11x | ILA-38.78 Million |
| 2019 | 1.48% | 0.59% | 1.21x | 2.09x | ILA-48.52 Million |
| 2020 | 29.87% | 13.09% | 1.23x | 1.85x | ILA151.22 Million |
| 2021 | 21.55% | 10.37% | 1.11x | 1.87x | ILA100.94 Million |
| 2022 | 15.70% | 8.52% | 1.12x | 1.64x | ILA56.09 Million |
| 2023 | 14.53% | 9.57% | 1.01x | 1.51x | ILA51.26 Million |
| 2024 | 18.27% | 12.40% | 0.95x | 1.56x | ILA104.86 Million |
Industry Comparison
This section compares Palram's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $324,447,200
- Average return on equity (ROE) among peers: 8.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Palram (PLRM) | ILA1.41 Billion | 14.43% | 0.40x | $3.75 Million |
| Birman Wood and Hardware Ltd (BIRM) | $74.88 Million | 0.00% | 2.70x | $369.22K |
| Rav Bariach 08 Industries Ltd (BRIH) | $248.07 Million | 3.03% | 3.49x | $1.39 Million |
| Golan Plastic (GLPL) | $170.07 Million | 6.21% | 0.77x | $779.35K |
| Hamat Group Ltd (HAMAT) | $367.80 Million | 24.57% | 1.77x | $1.77 Million |
| Plasson Indus (PLSN) | $761.42 Million | 10.64% | 0.83x | $4.87 Million |