Plasson Indus

TA:PLSN Israel Building Products & Equipment
Market Cap
$430.30 Million
ILA160.50 Billion ILA
Market Cap Rank
#31357 Global
#120 in Israel
Share Price
ILA16810.00
Change (1 day)
+2.56%
52-Week Range
ILA16200.00 - ILA24410.00
All Time High
ILA24877.00
About

Plasson Industries Ltd develops, manufactures, and markets technical products in Israel and internationally. It offers various solutions for connecting PE pipes for use in municipal water distribution systems, gas conveyance systems, industrial fluids transfer, wastewater systems, communication, mines, and agriculture. The company also provides a range of bathroom and kitchen products, such as fa… Read more

Plasson Indus (PLSN) - Net Assets

Latest net assets as of September 2025: ILA1.32 Billion ILA

Based on the latest financial reports, Plasson Indus (PLSN) has net assets worth ILA1.32 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 (ILA2.31 Billion) and total liabilities (ILA989.96 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 ILA1.32 Billion
% of Total Assets 57.11%
Annual Growth Rate 6.6%
5-Year Change 37.26%
10-Year Change 57.81%
Growth Volatility 5.29

Plasson Indus - Net Assets Trend (2003–2024)

This chart illustrates how Plasson Indus's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Plasson Indus (2003–2024)

The table below shows the annual net assets of Plasson Indus from 2003 to 2024.

Year Net Assets Change
2024-12-31 ILA1.22 Billion +3.36%
2023-12-31 ILA1.18 Billion +14.17%
2022-12-31 ILA1.03 Billion +12.14%
2021-12-31 ILA922.53 Million +3.73%
2020-12-31 ILA889.37 Million -0.91%
2019-12-31 ILA897.57 Million +4.27%
2018-12-31 ILA860.84 Million +4.10%
2017-12-31 ILA826.94 Million +1.48%
2016-12-31 ILA814.91 Million +5.35%
2015-12-31 ILA773.54 Million +1.59%
2014-12-31 ILA761.42 Million +12.93%
2013-12-31 ILA674.26 Million -4.41%
2012-12-31 ILA705.33 Million +6.66%
2011-12-31 ILA661.29 Million +6.61%
2010-12-31 ILA620.27 Million +3.76%
2009-12-31 ILA597.78 Million +15.43%
2008-12-31 ILA517.88 Million +5.68%
2007-12-31 ILA490.03 Million +8.99%
2006-12-31 ILA449.61 Million +9.89%
2005-12-31 ILA409.15 Million +11.54%
2004-12-31 ILA366.82 Million +15.05%
2003-12-31 ILA318.84 Million --

Equity Component Analysis

This analysis shows how different components contribute to Plasson Indus'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 1007.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ILA1.09 Billion 95.52%
Other Components ILA51.16 Million 4.48%
Total Equity ILA1.14 Billion 100.00%

Plasson Indus Competitors by Market Cap

The table below lists competitors of Plasson Indus ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Plasson Indus's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,108,694,000 to 1,140,977,000, a change of 32,283,000 (2.9%).
  • Net income of 143,791,000 contributed positively to equity growth.
  • Dividend payments of 66,836,000 reduced retained earnings.
  • Other factors decreased equity by 44,672,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA143.79 Million +12.6%
Dividends Paid ILA66.84 Million -5.86%
Other Changes ILA-44.67 Million -3.92%
Total Change ILA- 2.91%

Book Value vs Market Value Analysis

This analysis compares Plasson Indus'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: 140.67x
  • 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 204.02x to 140.67x 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 ILA82.39 ILA16810.00 x
2018-12-31 ILA85.67 ILA16810.00 x
2019-12-31 ILA88.98 ILA16810.00 x
2020-12-31 ILA87.55 ILA16810.00 x
2021-12-31 ILA90.46 ILA16810.00 x
2022-12-31 ILA101.83 ILA16810.00 x
2023-12-31 ILA116.12 ILA16810.00 x
2024-12-31 ILA119.50 ILA16810.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Plasson Indus 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): 12.60%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.42%
  • • Asset Turnover: 0.77x
  • • Equity Multiplier: 1.94x
  • Recent ROE (12.60%) is below the historical average (12.71%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 16.15% 10.57% 0.74x 2.05x ILA19.05 Million
2004 18.40% 11.47% 0.75x 2.14x ILA29.93 Million
2005 17.08% 10.73% 0.79x 2.02x ILA28.07 Million
2006 17.53% 10.17% 0.82x 2.11x ILA32.70 Million
2007 16.28% 9.16% 0.79x 2.25x ILA29.74 Million
2008 6.98% 3.80% 0.79x 2.33x ILA-15.10 Million
2009 15.77% 10.86% 0.71x 2.04x ILA33.32 Million
2010 11.65% 7.88% 0.72x 2.04x ILA9.87 Million
2011 15.14% 9.86% 0.76x 2.01x ILA32.61 Million
2012 14.64% 10.45% 0.76x 1.85x ILA31.37 Million
2013 11.84% 7.77% 0.76x 1.99x ILA11.81 Million
2014 11.17% 8.11% 0.72x 1.92x ILA8.49 Million
2015 7.02% 4.93% 0.70x 2.02x ILA-21.91 Million
2016 9.14% 6.55% 0.70x 2.00x ILA-6.71 Million
2017 9.86% 6.59% 0.73x 2.04x ILA-1.11 Million
2018 10.37% 6.93% 0.70x 2.14x ILA3.03 Million
2019 13.06% 8.83% 0.65x 2.28x ILA25.99 Million
2020 11.66% 7.57% 0.68x 2.26x ILA13.87 Million
2021 12.48% 6.96% 0.78x 2.30x ILA21.45 Million
2022 9.26% 5.68% 0.78x 2.10x ILA-7.20 Million
2023 11.65% 7.85% 0.76x 1.96x ILA18.24 Million
2024 12.60% 8.42% 0.77x 1.94x ILA29.69 Million

Industry Comparison

This section compares Plasson Indus's net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

  • Industry: Building Products & Equipment
  • Average net assets among peers: $270,904,400
  • Average return on equity (ROE) among peers: 7.40%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Plasson Indus (PLSN) ILA1.32 Billion 16.15% 0.75x $4.87 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
Palram (PLRM) $493.71 Million 3.18% 1.04x $3.75 Million