Polygon-L (POLY) - Net Assets
Based on the latest financial reports, Polygon-L (POLY) has net assets worth ILA201.68 Million ILA (≈ $540.68K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA206.51 Million ≈ $553.65K USD) and total liabilities (ILA4.84 Million ≈ $12.97K USD). 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. Check Polygon-L tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA201.68 Million |
| % of Total Assets | 97.66% |
| Annual Growth Rate | 9.67% |
| 5-Year Change | 62.58% |
| 10-Year Change | 126.2% |
| Growth Volatility | 9.41 |
Polygon-L - Net Assets Trend (2007–2025)
This chart illustrates how Polygon-L's net assets have evolved over time, based on quarterly financial data. See Polygon-L liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Polygon-L (2007–2025)
The table below shows the annual net assets of Polygon-L from 2007 to 2025. For live valuation and market cap data, see Polygon-L (POLY) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA201.68 Million ≈ $540.68K |
+10.95% |
| 2024-12-31 | ILA181.77 Million ≈ $487.33K |
+11.88% |
| 2023-12-31 | ILA162.47 Million ≈ $435.58K |
+11.56% |
| 2022-12-31 | ILA145.63 Million ≈ $390.43K |
+17.40% |
| 2021-12-31 | ILA124.05 Million ≈ $332.57K |
+9.35% |
| 2020-12-31 | ILA113.44 Million ≈ $304.13K |
+8.26% |
| 2019-12-31 | ILA104.79 Million ≈ $280.93K |
+8.12% |
| 2018-12-31 | ILA96.92 Million ≈ $259.84K |
-0.20% |
| 2017-12-31 | ILA97.11 Million ≈ $260.36K |
+8.92% |
| 2016-12-31 | ILA89.16 Million ≈ $239.03K |
+9.13% |
| 2015-12-31 | ILA81.70 Million ≈ $219.04K |
+7.68% |
| 2014-12-31 | ILA75.87 Million ≈ $203.41K |
+8.52% |
| 2013-12-31 | ILA69.92 Million ≈ $187.45K |
+6.93% |
| 2012-12-31 | ILA65.38 Million ≈ $175.29K |
+35.06% |
| 2011-12-31 | ILA48.41 Million ≈ $129.79K |
+7.42% |
| 2010-12-31 | ILA45.07 Million ≈ $120.82K |
+5.08% |
| 2009-12-31 | ILA42.89 Million ≈ $114.98K |
+26.70% |
| 2008-12-31 | ILA33.85 Million ≈ $90.75K |
-11.55% |
| 2007-12-31 | ILA38.27 Million ≈ $102.59K |
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Equity Component Analysis
This analysis shows how different components contribute to Polygon-L'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 12212400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA122.12 Million | 60.55% |
| Common Stock | ILA79.55 Million | 39.45% |
| Total Equity | ILA201.68 Million | 100.00% |
Polygon-L Competitors by Market Cap
The table below lists competitors of Polygon-L ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AudioEye Inc
NASDAQ:AEYE
|
$71.03 Million |
|
Westwater Resources Inc
NYSE MKT:WWR
|
$71.08 Million |
|
KENERGY
KLSE:0307
|
$71.11 Million |
|
Hauman Technologies
TWO:6218
|
$71.16 Million |
|
Strong H Machinery Technology (Cayman) Incorporation
TW:4560
|
$71.01 Million |
|
Union Auction Public Company Limited
BK:AUCT
|
$70.97 Million |
|
SAURASHTRA CEM B ORD (BSE)
NSE:SAURASHCEM
|
$70.95 Million |
|
Sunflex Tech Co Ltd
TWO:3390
|
$70.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Polygon-L's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 181,774,000 to 201,675,000, a change of 19,901,000 (10.9%).
- Net income of 19,901,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA19.90 Million | +9.87% |
| Total Change | ILA- | 10.95% |
Book Value vs Market Value Analysis
This analysis compares Polygon-L'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: 131.47x
- 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 387.85x to 131.47x 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 | ILA13.27 | ILA5148.00 | x |
| 2013-12-31 | ILA13.58 | ILA5148.00 | x |
| 2014-12-31 | ILA14.74 | ILA5148.00 | x |
| 2015-12-31 | ILA15.87 | ILA5148.00 | x |
| 2016-12-31 | ILA17.32 | ILA5148.00 | x |
| 2017-12-31 | ILA18.87 | ILA5148.00 | x |
| 2018-12-31 | ILA18.83 | ILA5148.00 | x |
| 2019-12-31 | ILA20.36 | ILA5148.00 | x |
| 2020-12-31 | ILA22.04 | ILA5148.00 | x |
| 2021-12-31 | ILA24.10 | ILA5148.00 | x |
| 2022-12-31 | ILA28.29 | ILA5148.00 | x |
| 2023-12-31 | ILA31.57 | ILA5148.00 | x |
| 2024-12-31 | ILA35.23 | ILA5148.00 | x |
| 2025-12-31 | ILA39.16 | ILA5148.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Polygon-L 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): 9.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 60.36%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.02x
- Recent ROE (9.87%) is above the historical average (8.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 10.60% | 38.67% | 0.15x | 1.85x | ILA392.60K |
| 2013 | 6.48% | 25.37% | 0.15x | 1.65x | ILA-2.46 Million |
| 2014 | 7.85% | 32.10% | 0.17x | 1.45x | ILA-1.63 Million |
| 2015 | 7.13% | 30.26% | 0.17x | 1.39x | ILA-2.34 Million |
| 2016 | 8.36% | 36.98% | 0.18x | 1.24x | ILA-1.46 Million |
| 2017 | 8.19% | 39.76% | 0.18x | 1.14x | ILA-1.76 Million |
| 2018 | -0.20% | -1.04% | 0.16x | 1.18x | ILA-9.89 Million |
| 2019 | 7.51% | 41.35% | 0.15x | 1.18x | ILA-2.61 Million |
| 2020 | 7.63% | 44.10% | 0.15x | 1.14x | ILA-2.69 Million |
| 2021 | 8.55% | 46.57% | 0.17x | 1.11x | ILA-1.80 Million |
| 2022 | 14.82% | 80.75% | 0.17x | 1.05x | ILA7.02 Million |
| 2023 | 10.36% | 58.79% | 0.17x | 1.05x | ILA592.90K |
| 2024 | 10.62% | 64.34% | 0.16x | 1.03x | ILA1.13 Million |
| 2025 | 9.87% | 60.36% | 0.16x | 1.02x | ILA-266.50K |
Industry Comparison
This section compares Polygon-L's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $5,294,338,200
- Average return on equity (ROE) among peers: 1.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Polygon-L (POLY) | ILA201.68 Million | 10.60% | 0.02x | $71.03 Million |
| Adgar Investments and Development Ltd (ADGR) | $188.12 Million | 4.04% | 3.51x | $202.30 Million |
| Afi Properties Ltd (AFPR) | $2.60 Billion | 7.67% | 1.96x | $2.01 Billion |
| Alony Hetz Properties and Investments Ltd (ALHE) | $13.59 Billion | 2.49% | 1.67x | $2.04 Billion |
| Amot Investments Ltd (AMOT) | $9.16 Billion | 10.03% | 1.28x | $2.45 Billion |
| Argo Properties NV (ARGO) | $330.24 Million | -13.17% | 1.14x | $811.74 Million |
| Ari Real Estate Arena Investment Ltd (ARIN) | $765.64 Million | -1.42% | 1.29x | $538.26 Million |
| Airport City Ltd (ARPT) | $7.58 Billion | 2.53% | 1.01x | $1.50 Billion |
| Aspen Group Ltd (ASGR) | $482.80 Million | 6.02% | 4.43x | $107.58 Million |
| ES Australia Israel Holdings Ltd (AUIS) | $108.08 Million | 0.13% | 0.24x | $14.36 Million |
| Azrieli Group Ltd (AZRG) | $18.13 Billion | 1.04% | 0.94x | $13.84 Billion |
About Polygon-L
Polygon Real Estate Ltd operates in real estate investment business in Israel. It is involved in the initiation, development, acquisition, and construction of commercial buildings; and rental of real estate properties. The company was formerly known as Polygon Matzbeat Textile Haifa Ltd. and changed its name to Polygon Real Estate Ltd in November 1998. Polygon Real Estate Ltd was incorporated in … Read more