Smart Agro LP (SMAG) - Net Assets
Based on the latest financial reports, Smart Agro LP (SMAG) has net assets worth ILA22.91 Million ILA (≈ $61.42K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA24.64 Million ≈ $66.06K USD) and total liabilities (ILA1.73 Million ≈ $4.64K 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 SMAG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA22.91 Million |
| % of Total Assets | 92.97% |
| Annual Growth Rate | -0.23% |
| 5-Year Change | -55.41% |
| 10-Year Change | N/A |
| Growth Volatility | 57.78 |
Smart Agro LP - Net Assets Trend (2020–2025)
This chart illustrates how Smart Agro LP's net assets have evolved over time, based on quarterly financial data. See SMAG defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Smart Agro LP (2020–2025)
The table below shows the annual net assets of Smart Agro LP from 2020 to 2025. For live valuation and market cap data, see Smart Agro LP market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA22.91 Million ≈ $61.42K |
-27.05% |
| 2024-12-31 | ILA31.41 Million ≈ $84.20K |
-21.66% |
| 2023-12-31 | ILA40.09 Million ≈ $107.48K |
-32.69% |
| 2022-12-31 | ILA59.56 Million ≈ $159.67K |
+15.92% |
| 2021-12-31 | ILA51.38 Million ≈ $137.75K |
+121.66% |
| 2020-12-31 | ILA23.18 Million ≈ $62.14K |
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Equity Component Analysis
This analysis shows how different components contribute to Smart Agro LP'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 decreased by 3539537700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ILA58.80 Million | 256.71% |
| Other Comprehensive Income | ILA325.97K | 1.42% |
| Total Equity | ILA22.91 Million | 100.00% |
Smart Agro LP Competitors by Market Cap
The table below lists competitors of Smart Agro LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
True North Gems Inc
V:TGX
|
$1.40 Million |
|
Pineapple Financial Inc.
NYSE:PAPL
|
$1.40 Million |
|
GO2 People Ltd
AU:GO2
|
$1.40 Million |
|
CONSOLE LABS SA ZY-10
F:9ZK
|
$1.40 Million |
|
Wang & Lee Group, Inc. Ordinary Shares
NASDAQ:WLGS
|
$1.40 Million |
|
Nusantara Inti Corpora Tbk
JK:UNIT
|
$1.40 Million |
|
Dragon Mountain Gold Ltd
AU:DMG
|
$1.40 Million |
|
Appili Therapeutics Inc
TO:APLI
|
$1.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smart Agro LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 31,405,000 to 22,906,709, a change of -8,498,291 (-27.1%).
- Net loss of 8,849,115 reduced equity.
- Other comprehensive income decreased equity by 900,033.
- Other factors increased equity by 1,250,857.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-8.85 Million | -38.63% |
| Other Comprehensive Income | ILA-900.03K | -3.93% |
| Other Changes | ILA1.25 Million | +5.46% |
| Total Change | ILA- | -27.06% |
Book Value vs Market Value Analysis
This analysis compares Smart Agro LP'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: 22.96x
- 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 increased from 1.66x to 22.96x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ILA74.81 | ILA124.40 | x |
| 2021-12-31 | ILA96.31 | ILA124.40 | x |
| 2022-12-31 | ILA60.30 | ILA124.40 | x |
| 2023-12-31 | ILA17.97 | ILA124.40 | x |
| 2024-12-31 | ILA12.44 | ILA124.40 | x |
| 2025-12-31 | ILA5.42 | ILA124.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smart Agro LP 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): -38.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-38.63%) is below the historical average (-21.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -8.57% | 0.00% | 0.00x | 1.03x | ILA-4.31 Million |
| 2021 | 11.24% | 48.62% | 0.22x | 1.06x | ILA614.10K |
| 2022 | -0.81% | -9.63% | 0.08x | 1.06x | ILA-6.15 Million |
| 2023 | -47.49% | 0.00% | -0.38x | 1.06x | ILA-22.26 Million |
| 2024 | -42.19% | 0.00% | -0.35x | 1.05x | ILA-16.39 Million |
| 2025 | -38.63% | 0.00% | 0.00x | 1.08x | ILA-11.14 Million |
Industry Comparison
This section compares Smart Agro LP's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $393,180,800
- Average return on equity (ROE) among peers: 2.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smart Agro LP (SMAG) | ILA22.91 Million | -8.57% | 0.08x | $1.40 Million |
| Altshuler Shaham Financial LTD (ALTF) | $135.71 Million | 18.10% | 1.71x | $387.34 Million |
| Aluma Infrastructure Fund 2020 Ltd (ALUMA) | $398.68 Million | 16.29% | 0.28x | $68.90 Million |
| Analyst IMS Investment Management Services Ltd (ANLT) | $123.52 Million | 19.67% | 0.34x | $536.42 Million |
| Capital Point (CPTP) | $33.88 Million | 0.00% | 1.08x | $17.08 Million |
| Eldav-L (ELDAV) | $135.18 Million | 12.82% | 0.01x | $30.70 Million |
| Elron Electronic Industries Ltd (ELRN) | $453.31 Million | 9.56% | 0.17x | $60.39 Million |
| Emilia Devel (EMDV) | $147.76 Million | 2.62% | 0.45x | $153.21 Million |
| Gibui Holdings Ltd (GIBUI) | $64.90 Million | -53.59% | 0.34x | $2.25 Million |
| Generation Capital Ltd (GNRS) | $2.20 Billion | 4.10% | 0.93x | $1.23 Billion |
| IBI Inv House (IBI) | $240.48 Million | 0.00% | 1.14x | $1.93 Billion |
About Smart Agro LP
Smart Agro - Limited focuses on the research and development in the field of agricultural technology in Israel. The company also invest in the startups. The company was incorporated in 2020 and is based in Ra'anana, Israel.