Partner
Partner Communications Company Ltd. provides various communication services in Israel. The company offers mobile cellular, fixed-line, and international telephony; internet and TV services; transmission; data communications; and PRI, as well as Partner TV and optic fiber infrastructure. It also provides cellular communication services, including voice call, text messages, internet browsing, and d… Read more
Partner (PTNR) - Net Assets
Latest net assets as of September 2025: ILA2.23 Billion ILA
Based on the latest financial reports, Partner (PTNR) has net assets worth ILA2.23 Billion ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA4.59 Billion) and total liabilities (ILA2.36 Billion). 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 | ILA2.23 Billion |
| % of Total Assets | 48.57% |
| Annual Growth Rate | 2.3% |
| 5-Year Change | 30.64% |
| 10-Year Change | 120.69% |
| Growth Volatility | 44.81 |
Partner - Net Assets Trend (1999–2024)
This chart illustrates how Partner's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Partner (1999–2024)
The table below shows the annual net assets of Partner from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA2.25 Billion | +14.85% |
| 2023-12-31 | ILA1.96 Billion | +9.99% |
| 2022-12-31 | ILA1.78 Billion | -4.14% |
| 2021-12-31 | ILA1.86 Billion | +7.89% |
| 2020-12-31 | ILA1.72 Billion | +21.59% |
| 2019-12-31 | ILA1.42 Billion | +0.78% |
| 2018-12-31 | ILA1.41 Billion | -1.95% |
| 2017-12-31 | ILA1.43 Billion | +29.07% |
| 2016-12-31 | ILA1.11 Billion | +8.92% |
| 2015-12-31 | ILA1.02 Billion | -1.83% |
| 2014-12-31 | ILA1.04 Billion | +18.88% |
| 2013-12-31 | ILA874.00 Million | +17.95% |
| 2012-12-31 | ILA741.00 Million | +74.35% |
| 2011-12-31 | ILA425.00 Million | -32.11% |
| 2010-12-31 | ILA626.00 Million | -68.09% |
| 2009-12-31 | ILA1.96 Billion | +36.32% |
| 2008-12-31 | ILA1.44 Billion | -13.28% |
| 2007-12-31 | ILA1.66 Billion | +32.69% |
| 2006-12-31 | ILA1.25 Billion | +53.50% |
| 2005-12-31 | ILA814.82 Million | -48.75% |
| 2004-12-31 | ILA1.59 Billion | +48.44% |
| 2003-12-31 | ILA1.07 Billion | +1209.77% |
| 2002-12-31 | ILA-96.52 Million | +50.00% |
| 2001-12-31 | ILA-193.05 Million | -137.26% |
| 2000-12-31 | ILA518.11 Million | -59.41% |
| 1999-12-31 | ILA1.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Partner'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 195324923720.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA1.13 Billion | 50.38% |
| Common Stock | ILA2.00 Million | 0.09% |
| Other Components | ILA1.11 Billion | 49.53% |
| Total Equity | ILA2.25 Billion | 100.00% |
Partner Competitors by Market Cap
The table below lists competitors of Partner ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Daiyang Metal
KO:009190
|
$21.80 Million |
|
Laseroptek Co., Ltd.
KQ:199550
|
$21.80 Million |
|
Kokuyo Camlin Limited
NSE:KOKUYOCMLN
|
$21.82 Million |
|
TAO Synergies Inc.
NASDAQ:TAOX
|
$21.82 Million |
|
Munjal Auto Industries Limited
NSE:MUNJALAU
|
$21.80 Million |
|
Hanchem Co,. Ltd.
KQ:457370
|
$21.80 Million |
|
Sun Brothers Development Co Ltd
TWO:3489
|
$21.79 Million |
|
Taiwan Taffeta Fabric Co Ltd
TW:1454
|
$21.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Partner's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,960,000,000 to 2,251,000,000, a change of 291,000,000 (14.8%).
- Net income of 277,000,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA277.00 Million | +12.31% |
| Other Changes | ILA14.00 Million | +0.62% |
| Total Change | ILA- | 14.85% |
Book Value vs Market Value Analysis
This analysis compares Partner'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: 333.00x
- 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 476.14x to 333.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | ILA8.45 | ILA4021.00 | x |
| 2000-12-31 | ILA2.82 | ILA4021.00 | x |
| 2001-12-31 | ILA-1.08 | ILA4021.00 | x |
| 2002-12-31 | ILA-0.53 | ILA4021.00 | x |
| 2003-12-31 | ILA5.85 | ILA4021.00 | x |
| 2004-12-31 | ILA8.64 | ILA4021.00 | x |
| 2005-12-31 | ILA4.98 | ILA4021.00 | x |
| 2006-12-31 | ILA8.09 | ILA4021.00 | x |
| 2007-12-31 | ILA10.52 | ILA4021.00 | x |
| 2008-12-31 | ILA9.21 | ILA4021.00 | x |
| 2009-12-31 | ILA12.67 | ILA4021.00 | x |
| 2010-12-31 | ILA4.01 | ILA4021.00 | x |
| 2011-12-31 | ILA2.73 | ILA4021.00 | x |
| 2012-12-31 | ILA4.76 | ILA4021.00 | x |
| 2013-12-31 | ILA5.60 | ILA4021.00 | x |
| 2014-12-31 | ILA6.64 | ILA4021.00 | x |
| 2015-12-31 | ILA6.54 | ILA4021.00 | x |
| 2016-12-31 | ILA7.03 | ILA4021.00 | x |
| 2017-12-31 | ILA8.72 | ILA4021.00 | x |
| 2018-12-31 | ILA8.39 | ILA4021.00 | x |
| 2019-12-31 | ILA8.66 | ILA4021.00 | x |
| 2020-12-31 | ILA9.41 | ILA4021.00 | x |
| 2021-12-31 | ILA10.02 | ILA4021.00 | x |
| 2022-12-31 | ILA9.65 | ILA4021.00 | x |
| 2023-12-31 | ILA10.52 | ILA4021.00 | x |
| 2024-12-31 | ILA12.08 | ILA4021.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Partner 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): 12.31%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.33%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 2.14x
- Recent ROE (12.31%) is below the historical average (25.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -57.03% | -80.34% | 0.23x | 3.06x | ILA-855.49 Million |
| 2000 | -146.92% | -36.01% | 0.54x | 7.57x | ILA-813.03 Million |
| 2001 | 0.00% | -9.34% | 0.89x | 0.00x | ILA-282.92 Million |
| 2002 | 0.00% | 2.08% | 1.01x | 0.00x | ILA93.97 Million |
| 2003 | 108.10% | 26.02% | 1.02x | 4.07x | ILA1.05 Billion |
| 2004 | 29.71% | 9.17% | 1.15x | 2.83x | ILA313.42 Million |
| 2005 | 43.49% | 6.92% | 1.11x | 5.66x | ILA272.85 Million |
| 2006 | 54.39% | 12.17% | 1.19x | 3.75x | ILA555.19 Million |
| 2007 | 56.77% | 15.37% | 1.22x | 3.04x | ILA776.21 Million |
| 2008 | 73.05% | 16.61% | 1.27x | 3.45x | ILA907.55 Million |
| 2009 | 58.15% | 18.77% | 1.08x | 2.87x | ILA944.80 Million |
| 2010 | 198.56% | 18.62% | 1.19x | 8.99x | ILA1.18 Billion |
| 2011 | 104.24% | 6.33% | 0.99x | 16.68x | ILA400.50 Million |
| 2012 | 64.51% | 8.58% | 0.87x | 8.66x | ILA403.90 Million |
| 2013 | 15.45% | 2.99% | 0.82x | 6.28x | ILA47.60 Million |
| 2014 | 15.59% | 3.68% | 0.80x | 5.29x | ILA58.10 Million |
| 2015 | -3.92% | -0.97% | 0.74x | 5.42x | ILA-142.00 Million |
| 2016 | 4.68% | 1.47% | 0.68x | 4.68x | ILA-59.10 Million |
| 2017 | 7.95% | 3.49% | 0.69x | 3.29x | ILA-29.40 Million |
| 2018 | 4.05% | 1.75% | 0.82x | 2.83x | ILA-83.60 Million |
| 2019 | 1.34% | 0.59% | 0.64x | 3.54x | ILA-122.70 Million |
| 2020 | 0.99% | 0.53% | 0.62x | 2.97x | ILA-155.30 Million |
| 2021 | 6.19% | 3.42% | 0.62x | 2.90x | ILA-70.90 Million |
| 2022 | -5.61% | -2.89% | 0.70x | 2.79x | ILA-278.20 Million |
| 2023 | 8.32% | 4.87% | 0.69x | 2.46x | ILA-33.00 Million |
| 2024 | 12.31% | 8.33% | 0.69x | 2.14x | ILA51.90 Million |
Industry Comparison
This section compares Partner's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $936,453,800
- Average return on equity (ROE) among peers: 6.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Partner (PTNR) | ILA2.23 Billion | -57.03% | 1.06x | $21.80 Million |
| Discount Investment Corp Ltd (DISI) | $3.89 Billion | 0.36% | 4.17x | $3.56 Million |
| Gilat Telecom Global Ltd (GLTL) | $14.90 Million | -14.86% | 3.54x | $211.83K |
| Nextcom (NXTM) | $29.44 Million | 27.59% | 2.61x | $299.92K |
| Space Com (SCC) | $105.52 Million | 0.00% | 7.56x | $548.47K |
| Suny Cellular Communication Ltd (SNCM) | $641.40 Million | 19.08% | 0.21x | $879.70K |