Priortech
Priortech Ltd, through its subsidiaries, develops, manufactures, and markets inspection and metrology system, and coreless organic substrate technology for semiconductor industry in Israel and internationally. It offers a range of inspection and metrology solutions. The company was incorporated in 1980 and is based in Migdal HaEmek, Israel.
Priortech (PRTC) - Net Assets
Latest net assets as of September 2025: ILA267.15 Million ILA
Based on the latest financial reports, Priortech (PRTC) has net assets worth ILA267.15 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 (ILA401.00 Million) and total liabilities (ILA133.85 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 | ILA267.15 Million |
| % of Total Assets | 66.62% |
| Annual Growth Rate | -0.31% |
| 5-Year Change | 65.08% |
| 10-Year Change | 56.3% |
| Growth Volatility | 27.01 |
Priortech - Net Assets Trend (2005–2024)
This chart illustrates how Priortech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Priortech (2005–2024)
The table below shows the annual net assets of Priortech from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA255.38 Million | +6.23% |
| 2023-12-31 | ILA240.41 Million | +10.89% |
| 2022-12-31 | ILA216.80 Million | +18.98% |
| 2021-12-31 | ILA182.21 Million | +17.78% |
| 2020-12-31 | ILA154.70 Million | +14.02% |
| 2019-12-31 | ILA135.68 Million | -6.13% |
| 2018-12-31 | ILA144.54 Million | -7.63% |
| 2017-12-31 | ILA156.48 Million | +4.71% |
| 2016-12-31 | ILA149.44 Million | -8.54% |
| 2015-12-31 | ILA163.39 Million | -4.87% |
| 2014-12-31 | ILA171.76 Million | -1.62% |
| 2013-12-31 | ILA174.59 Million | -72.28% |
| 2012-12-31 | ILA629.82 Million | +13.64% |
| 2011-12-31 | ILA554.22 Million | +47.79% |
| 2010-12-31 | ILA375.01 Million | +7.04% |
| 2009-12-31 | ILA350.36 Million | -8.42% |
| 2008-12-31 | ILA382.58 Million | -10.34% |
| 2007-12-31 | ILA426.71 Million | -7.70% |
| 2006-12-31 | ILA462.31 Million | +70.78% |
| 2005-12-31 | ILA270.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Priortech'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 98.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA218.99 Million | 88.34% |
| Common Stock | ILA5.46 Million | 2.20% |
| Other Comprehensive Income | ILA4.66 Million | 1.88% |
| Other Components | ILA18.78 Million | 7.58% |
| Total Equity | ILA247.89 Million | 100.00% |
Priortech Competitors by Market Cap
The table below lists competitors of Priortech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sky Quarry Inc
NASDAQ:SKYQ
|
$8.46 Million |
|
City Sports and Recreation Public Company Limited
BK:CSR
|
$8.46 Million |
|
Sama Resources Inc
PINK:SAMMF
|
$8.46 Million |
|
PLANETEL SPA
F:0A7
|
$8.46 Million |
|
Wallbox NV
NYSE:WBX
|
$8.45 Million |
|
IXAQF
NASDAQ:IXAQF
|
$8.45 Million |
|
Power Generation Corp 3
VN:PGV
|
$8.45 Million |
|
Baylin Technologies Inc
OTCQB:BYLTF
|
$8.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Priortech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 234,702,000 to 247,892,000, a change of 13,190,000 (5.6%).
- Net income of 33,551,000 contributed positively to equity growth.
- Share repurchases of 16,097,000 reduced equity.
- Other comprehensive income increased equity by 4,659,999.
- Other factors decreased equity by 8,923,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA33.55 Million | +13.53% |
| Share Repurchases | ILA16.10 Million | -6.49% |
| Other Comprehensive Income | ILA4.66 Million | +1.88% |
| Other Changes | ILA-8.92 Million | -3.6% |
| Total Change | ILA- | 5.62% |
Book Value vs Market Value Analysis
This analysis compares Priortech'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: 1310.59x
- 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 2599.65x to 1310.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ILA10.46 | ILA27200.00 | x |
| 2014-12-31 | ILA10.57 | ILA27200.00 | x |
| 2015-12-31 | ILA9.42 | ILA27200.00 | x |
| 2016-12-31 | ILA8.00 | ILA27200.00 | x |
| 2017-12-31 | ILA8.07 | ILA27200.00 | x |
| 2018-12-31 | ILA8.27 | ILA27200.00 | x |
| 2019-12-31 | ILA12.79 | ILA27200.00 | x |
| 2020-12-31 | ILA13.02 | ILA27200.00 | x |
| 2021-12-31 | ILA14.92 | ILA27200.00 | x |
| 2022-12-31 | ILA17.55 | ILA27200.00 | x |
| 2023-12-31 | ILA19.30 | ILA27200.00 | x |
| 2024-12-31 | ILA20.75 | ILA27200.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Priortech 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): 13.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4263.15%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.31x
- Recent ROE (13.53%) is above the historical average (9.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.45% | 0.20% | 0.83x | 2.71x | ILA-18.99 Million |
| 2006 | 37.28% | 16.96% | 0.92x | 2.39x | ILA80.40 Million |
| 2010 | 9.66% | 3.35% | 0.83x | 3.48x | ILA-785.10K |
| 2011 | 29.24% | 12.40% | 0.72x | 3.26x | ILA68.65 Million |
| 2012 | 17.20% | 8.94% | 0.75x | 2.58x | ILA30.20 Million |
| 2013 | 1.11% | 0.68% | 0.72x | 2.28x | ILA-10.39 Million |
| 2014 | 1.94% | 1.28% | 0.71x | 2.14x | ILA-9.27 Million |
| 2015 | -10.79% | -7.52% | 0.57x | 2.54x | ILA-21.30 Million |
| 2016 | -10.49% | -11.56% | 0.34x | 2.70x | ILA-17.81 Million |
| 2017 | -5.65% | -821.99% | 0.00x | 2.78x | ILA-13.74 Million |
| 2018 | -10.60% | -1639.93% | 0.00x | 2.54x | ILA-18.67 Million |
| 2019 | 42.39% | 9408.80% | 0.00x | 1.16x | ILA47.38 Million |
| 2020 | 9.09% | 2364.78% | 0.00x | 1.17x | ILA-1.46 Million |
| 2021 | 11.44% | 3035.86% | 0.00x | 1.41x | ILA2.63 Million |
| 2022 | 17.65% | 5690.90% | 0.00x | 1.34x | ILA16.26 Million |
| 2023 | 10.08% | 3530.30% | 0.00x | 1.31x | ILA182.80K |
| 2024 | 13.53% | 4263.15% | 0.00x | 1.31x | ILA8.76 Million |
Industry Comparison
This section compares Priortech's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $196,612,189
- Average return on equity (ROE) among peers: 3.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Priortech (PRTC) | ILA267.15 Million | 0.45% | 0.50x | $8.46 Million |
| Afcon Holdings Ltd (AFHL) | $551.72 Million | 10.84% | 2.53x | $4.83 Million |
| Inter Industries (ININ) | $71.92 Million | 11.21% | 1.40x | $339.38K |
| P.C.B Tec (PCBT) | $59.26 Million | -2.66% | 0.47x | $3.08 Million |
| Tedea Technological Development and Automation Ltd (TEDE) | $103.55 Million | -6.34% | 0.70x | $77.95K |