Polyram Plastic Industries Ltd
Polyram Plastic Industries LTD manufactures and supplies thermoplastic compounds in Israel and internationally. The company offers engineering plastics; functional polymers, including coupling agents, compatibilizers, impact modifiers, and adhesive resins for automotive, multi-layer film, industrial, and packaging applications; polytron materials, which are primarily used in automotive sector; ti… Read more
Polyram Plastic Industries Ltd (POLP) - Net Assets
Latest net assets as of September 2025: ILA653.98 Million ILA
Based on the latest financial reports, Polyram Plastic Industries Ltd (POLP) has net assets worth ILA653.98 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 (ILA1.20 Billion) and total liabilities (ILA543.64 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 | ILA653.98 Million |
| % of Total Assets | 54.61% |
| Annual Growth Rate | 8.34% |
| 5-Year Change | 56.84% |
| 10-Year Change | N/A |
| Growth Volatility | 12.21 |
Polyram Plastic Industries Ltd - Net Assets Trend (2018–2024)
This chart illustrates how Polyram Plastic Industries 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 Polyram Plastic Industries Ltd (2018–2024)
The table below shows the annual net assets of Polyram Plastic Industries Ltd from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA646.31 Million | +3.67% |
| 2023-12-31 | ILA623.45 Million | +4.95% |
| 2022-12-31 | ILA594.06 Million | +34.89% |
| 2021-12-31 | ILA440.40 Million | +6.87% |
| 2020-12-31 | ILA412.08 Million | -4.18% |
| 2019-12-31 | ILA430.04 Million | +7.63% |
| 2018-12-31 | ILA399.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Polyram Plastic Industries 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 grown by 138.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA277.82 Million | 42.98% |
| Other Comprehensive Income | ILA8.12 Million | 1.26% |
| Other Components | ILA360.38 Million | 55.76% |
| Total Equity | ILA646.31 Million | 100.00% |
Polyram Plastic Industries Ltd Competitors by Market Cap
The table below lists competitors of Polyram Plastic Industries Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COFLE S.P.A.
F:Y9A
|
$3.01 Million |
|
Enzon Pharmaceuticals Inc
OTCQX:ENZN
|
$3.01 Million |
|
Tempest Minerals Ltd
AU:TEM
|
$3.01 Million |
|
FirstCaution SA
PA:MLFIR
|
$3.01 Million |
|
One World Lithium Inc
OTCQB:OWRDF
|
$3.01 Million |
|
AGATOS S.P.A.
F:5JS1
|
$3.01 Million |
|
Ice Fish Farm AS
OL:IFISH
|
$3.01 Million |
|
Flying Nickel Mining Corp
OTCQB:FLYNF
|
$3.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Polyram Plastic Industries Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 608,866,000 to 646,314,000, a change of 37,448,000 (6.2%).
- Net income of 89,189,000 contributed positively to equity growth.
- Dividend payments of 58,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 8,120,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA89.19 Million | +13.8% |
| Dividends Paid | ILA58.00 Million | -8.97% |
| Other Comprehensive Income | ILA8.12 Million | +1.26% |
| Other Changes | ILA-1.86 Million | -0.29% |
| Total Change | ILA- | 6.15% |
Book Value vs Market Value Analysis
This analysis compares Polyram Plastic Industries 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: 152.78x
- 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 233.16x to 152.78x 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 | ILA3.84 | ILA894.40 | x |
| 2019-12-31 | ILA4.13 | ILA894.40 | x |
| 2020-12-31 | ILA3.92 | ILA894.40 | x |
| 2021-12-31 | ILA4.21 | ILA894.40 | x |
| 2022-12-31 | ILA5.26 | ILA894.40 | x |
| 2023-12-31 | ILA5.52 | ILA894.40 | x |
| 2024-12-31 | ILA5.85 | ILA894.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Polyram Plastic Industries 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): 13.80%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.91%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 1.78x
- Recent ROE (13.80%) is below the historical average (15.72%), 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 | 18.04% | 11.13% | 0.81x | 2.01x | ILA31.59 Million |
| 2019 | 9.59% | 6.35% | 0.81x | 1.86x | ILA-1.74 Million |
| 2020 | 15.30% | 9.44% | 0.86x | 1.89x | ILA21.41 Million |
| 2021 | 22.57% | 10.71% | 0.93x | 2.26x | ILA54.11 Million |
| 2022 | 17.31% | 9.11% | 0.96x | 1.98x | ILA42.49 Million |
| 2023 | 13.41% | 8.16% | 0.96x | 1.72x | ILA20.79 Million |
| 2024 | 13.80% | 8.91% | 0.87x | 1.78x | ILA24.56 Million |
Industry Comparison
This section compares Polyram Plastic Industries Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $103,059,090
- Average return on equity (ROE) among peers: 2.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Polyram Plastic Industries Ltd (POLP) | ILA653.98 Million | 18.04% | 0.83x | $3.01 Million |
| Kafrit (KAFR) | $326.06 Million | 9.20% | 1.02x | $1.78 Million |
| Nur Ink Innovations Ltd (NURI) | $12.83 Million | -75.35% | 0.43x | $148.23K |
| Rimoni (RIMO) | $163.78 Million | 18.46% | 0.32x | $1.11 Million |
| Sonovia Ltd (SONO) | $-154.55K | 0.00% | 0.00x | $37.36K |
| Turpaz Industries Ltd (TRPZ) | $12.78 Million | 61.51% | 4.51x | $15.75 Million |