Palram

TA:PLRM Israel Building Products & Equipment
Market Cap
$352.78 Million
ILA131.59 Billion ILA
Market Cap Rank
#32278 Global
#138 in Israel
Share Price
ILA5115.00
Change (1 day)
-1.25%
52-Week Range
ILA5115.00 - ILA9275.00
All Time High
ILA10150.00
About

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.

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