Polygon-L (POLY) - Net Assets

Latest as of December 2025: ILA201.68 Million ILA ≈ $540.68K USD

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. Also explore Polygon-L total assets for the complete picture of this company's asset 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. Check POLY tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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 market cap and net worth.

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	--

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
Medicalg WAR:MDG	$71.77 Million
P.A. Resources Bhd KLSE:7225	$71.78 Million
HEMARAJ INDUSTRIAL PROPERTY AND LEASEHOLD FUND BK:HPF	$71.78 Million
Great Elm Capital Corp NASDAQ:GECC	$71.82 Million
Lee Feed Mill Public Company Limited BK:LEE	$71.73 Million
Formosa Prosonic Industries KLSE:9172	$71.72 Million
Prairie Operating Co. Common Stock NASDAQ:PROP	$71.69 Million
Macroblock TWO:3527	$71.69 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: 132.79x
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 391.77x to 132.79x 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	ILA5200.00	x
2013-12-31	ILA13.58	ILA5200.00	x
2014-12-31	ILA14.74	ILA5200.00	x
2015-12-31	ILA15.87	ILA5200.00	x
2016-12-31	ILA17.32	ILA5200.00	x
2017-12-31	ILA18.87	ILA5200.00	x
2018-12-31	ILA18.83	ILA5200.00	x
2019-12-31	ILA20.36	ILA5200.00	x
2020-12-31	ILA22.04	ILA5200.00	x
2021-12-31	ILA24.10	ILA5200.00	x
2022-12-31	ILA28.29	ILA5200.00	x
2023-12-31	ILA31.57	ILA5200.00	x
2024-12-31	ILA35.23	ILA5200.00	x
2025-12-31	ILA39.16	ILA5200.00	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: $4,024,927,900
Average return on equity (ROE) among peers: 3.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Polygon-L (POLY)	ILA201.68 Million	10.60%	0.02x	$71.75 Million
Adgar Investments and Development Ltd (ADGR)	$685.68 Million	-21.81%	3.65x	$190.90 Million
Afi Properties Ltd (AFPR)	$2.81 Billion	12.01%	1.96x	$2.07 Billion
Alony Hetz Properties and Investments Ltd (ALHE)	$9.91 Billion	4.70%	1.67x	$1.93 Billion
Amot Investments Ltd (AMOT)	$9.16 Billion	10.03%	1.28x	$2.46 Billion
Argo Properties NV (ARGO)	$371.29 Million	7.35%	0.92x	$724.13 Million
Ari Real Estate Arena Investment Ltd (ARIN)	$-21.58 Million	0.00%	0.00x	$446.75 Million
Airport City Ltd (ARPT)	$2.46 Billion	11.93%	2.20x	$1.52 Billion
Aspen Group Ltd (ASGR)	$857.89 Million	3.99%	2.29x	$106.54 Million
ES Australia Israel Holdings Ltd (AUIS)	$143.72 Million	-3.14%	0.41x	$13.70 Million
Azrieli Group Ltd (AZRG)	$13.87 Billion	5.92%	0.91x	$13.58 Billion

About Polygon-L

TA:POLY Israel Real Estate Services

Market Cap

$71.75 Million

ILA26.76 Billion ILA

Market Cap Rank

#20457 Global

#269 in Israel

Share Price

ILA5200.00

Change (1 day)

+4.00%

52-Week Range

ILA4778.00 - ILA6060.00

All Time High

ILA6060.00