Primotec Group Ltd (PRMG) - Net Assets
Based on the latest financial reports, Primotec Group Ltd (PRMG) has net assets worth ILA161.93 Million ILA (≈ $434.12K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA255.90 Million ≈ $686.06K USD) and total liabilities (ILA93.97 Million ≈ $251.93K 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 Primotec Group Ltd balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA161.93 Million |
| % of Total Assets | 63.28% |
| Annual Growth Rate | 27.9% |
| 5-Year Change | 28.98% |
| 10-Year Change | N/A |
| Growth Volatility | 66.75 |
Primotec Group Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Primotec Group Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Primotec Group Ltd to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Primotec Group Ltd (2018–2025)
The table below shows the annual net assets of Primotec Group Ltd from 2018 to 2025. For live valuation and market cap data, see market cap of Primotec Group Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA175.13 Million ≈ $469.52K |
-0.91% |
| 2024-12-31 | ILA176.73 Million ≈ $473.81K |
+4.00% |
| 2023-12-31 | ILA169.93 Million ≈ $455.58K |
+17.82% |
| 2022-12-31 | ILA144.22 Million ≈ $386.66K |
+6.21% |
| 2021-12-31 | ILA135.79 Million ≈ $364.04K |
+195.54% |
| 2020-12-31 | ILA45.95 Million ≈ $123.18K |
-6.14% |
| 2019-12-31 | ILA48.95 Million ≈ $131.24K |
+56.52% |
| 2018-12-31 | ILA31.28 Million ≈ $83.85K |
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Equity Component Analysis
This analysis shows how different components contribute to Primotec Group 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 374.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA88.01 Million | 50.25% |
| Other Comprehensive Income | ILA143.00K | 0.08% |
| Other Components | ILA86.98 Million | 49.66% |
| Total Equity | ILA175.13 Million | 100.00% |
Primotec Group Ltd Competitors by Market Cap
The table below lists competitors of Primotec Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INLIF LIMITED Ordinary Shares
NASDAQ:INLF
|
$48.97 Million |
|
Marygold Companies Inc
NYSE MKT:MGLD
|
$48.98 Million |
|
Gmb Korea
KO:013870
|
$48.99 Million |
|
Nam Kwang Cons
KO:001260
|
$49.00 Million |
|
VOC Energy Trust
NYSE:VOC
|
$48.96 Million |
|
Senheng New Retail Bhd
KLSE:5305
|
$48.96 Million |
|
Wikana SA
WAR:WIK
|
$48.93 Million |
|
Orad-M
TA:ORAD
|
$48.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Primotec Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 176,732,000 to 175,132,000, a change of -1,600,000 (-0.9%).
- Net income of 22,796,000 contributed positively to equity growth.
- Dividend payments of 25,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 143,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA22.80 Million | +13.02% |
| Dividends Paid | ILA25.00 Million | -14.27% |
| Other Comprehensive Income | ILA143.00K | +0.08% |
| Other Changes | ILA461.00K | +0.26% |
| Total Change | ILA- | -0.91% |
Book Value vs Market Value Analysis
This analysis compares Primotec Group 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: 104.28x
- 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 462.28x to 104.28x 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 | ILA2.71 | ILA1255.00 | x |
| 2019-12-31 | ILA4.25 | ILA1255.00 | x |
| 2020-12-31 | ILA3.99 | ILA1255.00 | x |
| 2021-12-31 | ILA10.09 | ILA1255.00 | x |
| 2022-12-31 | ILA9.91 | ILA1255.00 | x |
| 2023-12-31 | ILA11.68 | ILA1255.00 | x |
| 2024-12-31 | ILA12.14 | ILA1255.00 | x |
| 2025-12-31 | ILA12.03 | ILA1255.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Primotec Group 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): 13.02%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.34%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 1.44x
- Recent ROE (13.02%) is below the historical average (26.63%), 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 | 43.96% | 6.16% | 1.43x | 4.99x | ILA10.62 Million |
| 2019 | 36.94% | 7.91% | 1.08x | 4.33x | ILA13.19 Million |
| 2020 | 56.63% | 11.22% | 1.19x | 4.25x | ILA21.43 Million |
| 2021 | 20.22% | 11.69% | 0.94x | 1.84x | ILA13.88 Million |
| 2022 | 12.48% | 6.53% | 0.94x | 2.02x | ILA3.58 Million |
| 2023 | 14.80% | 8.06% | 1.05x | 1.74x | ILA8.16 Million |
| 2024 | 14.95% | 8.74% | 1.10x | 1.56x | ILA8.76 Million |
| 2025 | 13.02% | 8.34% | 1.08x | 1.44x | ILA5.28 Million |
Industry Comparison
This section compares Primotec Group Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $525,966,000
- Average return on equity (ROE) among peers: 16.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Primotec Group Ltd (PRMG) | ILA161.93 Million | 43.96% | 0.58x | $48.96 Million |
| Al-Bad Massuot Yitzhak Ltd (ALBA) | $316.95 Million | 18.58% | 1.26x | $134.43 Million |
| Sano Bruno's Enterprises Ltd (SANO1) | $734.98 Million | 14.57% | 0.48x | $1.08 Billion |
About Primotec Group Ltd
Primotec Group Ltd engages in the production, import, and marketing of a range of consumer products in Israel and internationally. The company operates through two segments: Institutional Sector and Retail Sector. It offers cleaning products, hygienic papers, nylon products, paper products, cosmetics, ancillary equipment for medicine and geriatrics, disposable products, PE bags and rolls, househo… Read more