Synel M.L.L Payway Ltd (SNEL) - Net Assets
Based on the latest financial reports, Synel M.L.L Payway Ltd (SNEL) has net assets worth ILA48.35 Million ILA (≈ $129.64K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA109.50 Million ≈ $293.58K USD) and total liabilities (ILA61.15 Million ≈ $163.94K 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 Synel M.L.L Payway Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA48.35 Million |
| % of Total Assets | 44.16% |
| Annual Growth Rate | -3.81% |
| 5-Year Change | -81.22% |
| 10-Year Change | -66.18% |
| Growth Volatility | 25.11 |
Synel M.L.L Payway Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Synel M.L.L Payway Ltd's net assets have evolved over time, based on quarterly financial data. Also explore SNEL current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Synel M.L.L Payway Ltd (2008–2024)
The table below shows the annual net assets of Synel M.L.L Payway Ltd from 2008 to 2024. For live valuation and market cap data, see market value of Synel M.L.L Payway Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA67.85 Million ≈ $181.91K |
+5.32% |
| 2023-12-31 | ILA64.43 Million ≈ $172.73K |
+28.18% |
| 2022-12-31 | ILA50.26 Million ≈ $134.75K |
-87.49% |
| 2021-12-31 | ILA401.68 Million ≈ $1.08 Million |
+11.14% |
| 2020-12-31 | ILA361.40 Million ≈ $968.91K |
+5.72% |
| 2019-12-31 | ILA341.84 Million ≈ $916.46K |
+6.59% |
| 2018-12-31 | ILA320.70 Million ≈ $859.80K |
+20.36% |
| 2017-12-31 | ILA266.45 Million ≈ $714.34K |
+10.07% |
| 2016-12-31 | ILA242.07 Million ≈ $648.98K |
+20.67% |
| 2015-12-31 | ILA200.61 Million ≈ $537.83K |
+15.28% |
| 2014-12-31 | ILA174.03 Million ≈ $466.56K |
+17.91% |
| 2013-12-31 | ILA147.60 Million ≈ $395.71K |
-7.09% |
| 2012-12-31 | ILA158.85 Million ≈ $425.88K |
+8.74% |
| 2011-12-31 | ILA146.08 Million ≈ $391.65K |
+1.70% |
| 2010-12-31 | ILA143.65 Million ≈ $385.11K |
+8.64% |
| 2009-12-31 | ILA132.23 Million ≈ $354.50K |
+4.73% |
| 2008-12-31 | ILA126.26 Million ≈ $338.50K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Synel M.L.L Payway 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 decreased by 65.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA22.55 Million | 33.24% |
| Common Stock | ILA604.00K | 0.89% |
| Other Comprehensive Income | ILA1.19 Million | 1.75% |
| Other Components | ILA43.51 Million | 64.12% |
| Total Equity | ILA67.85 Million | 100.00% |
Synel M.L.L Payway Ltd Competitors by Market Cap
The table below lists competitors of Synel M.L.L Payway Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marka Yatirim Holding AS
IS:MARKA
|
$27.57 Million |
|
Fortune Bay Corp
V:FOR
|
$27.58 Million |
|
Petratherm Ltd
AU:PTR
|
$27.59 Million |
|
Silla Textile Co.Ltd
KQ:001000
|
$27.59 Million |
|
Evergreen Fibreboard Bhd
KLSE:5101
|
$27.57 Million |
|
Utron Ltd
TA:UTRN
|
$27.55 Million |
|
VRX Silica Ltd
AU:VRX
|
$27.54 Million |
|
Iconic Worldwide Bhd
KLSE:9113
|
$27.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Synel M.L.L Payway Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 64,427,000 to 67,854,000, a change of 3,427,000 (5.3%).
- Net income of 11,920,000 contributed positively to equity growth.
- Dividend payments of 9,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA11.92 Million | +17.57% |
| Dividends Paid | ILA9.00 Million | -13.26% |
| Other Comprehensive Income | ILA-1.00 | -0.0% |
| Other Changes | ILA507.00K | +0.75% |
| Total Change | ILA- | 5.32% |
Book Value vs Market Value Analysis
This analysis compares Synel M.L.L Payway 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: 151.54x
- 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 75.14x to 151.54x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ILA24.18 | ILA1817.00 | x |
| 2013-12-31 | ILA21.98 | ILA1817.00 | x |
| 2014-12-31 | ILA25.82 | ILA1817.00 | x |
| 2015-12-31 | ILA29.59 | ILA1817.00 | x |
| 2016-12-31 | ILA34.07 | ILA1817.00 | x |
| 2017-12-31 | ILA36.69 | ILA1817.00 | x |
| 2018-12-31 | ILA43.43 | ILA1817.00 | x |
| 2019-12-31 | ILA46.25 | ILA1817.00 | x |
| 2020-12-31 | ILA49.67 | ILA1817.00 | x |
| 2021-12-31 | ILA55.18 | ILA1817.00 | x |
| 2022-12-31 | ILA8.88 | ILA1817.00 | x |
| 2023-12-31 | ILA11.38 | ILA1817.00 | x |
| 2024-12-31 | ILA11.99 | ILA1817.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Synel M.L.L Payway 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): 17.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.83%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.92x
- Recent ROE (17.57%) is above the historical average (11.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 6.42% | 5.78% | 0.37x | 2.99x | ILA-3.88 Million |
| 2009 | 11.11% | 11.30% | 0.35x | 2.84x | ILA1.27 Million |
| 2010 | 10.99% | 9.75% | 0.42x | 2.68x | ILA1.23 Million |
| 2011 | 4.07% | 3.87% | 0.38x | 2.73x | ILA-7.52 Million |
| 2012 | 10.92% | 10.47% | 0.40x | 2.59x | ILA1.26 Million |
| 2013 | 8.36% | 7.86% | 0.36x | 2.98x | ILA-2.04 Million |
| 2014 | 18.37% | 21.10% | 0.23x | 3.86x | ILA12.23 Million |
| 2015 | 16.25% | 18.75% | 0.26x | 3.31x | ILA10.46 Million |
| 2016 | 17.65% | 23.80% | 0.21x | 3.53x | ILA14.74 Million |
| 2017 | 11.56% | 15.79% | 0.22x | 3.37x | ILA3.24 Million |
| 2018 | 21.03% | 32.33% | 0.22x | 3.00x | ILA27.10 Million |
| 2019 | 10.37% | 17.52% | 0.20x | 3.01x | ILA958.30K |
| 2020 | 2.50% | 4.72% | 0.18x | 2.94x | ILA-21.08 Million |
| 2021 | 2.56% | 8.54% | 0.09x | 3.32x | ILA-23.24 Million |
| 2022 | 12.29% | 6.91% | 0.97x | 1.84x | ILA1.15 Million |
| 2023 | 21.65% | 14.16% | 0.88x | 1.74x | ILA7.51 Million |
| 2024 | 17.57% | 12.83% | 0.71x | 1.92x | ILA5.13 Million |
Industry Comparison
This section compares Synel M.L.L Payway Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $72,195,967
- Average return on equity (ROE) among peers: -42.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Synel M.L.L Payway Ltd (SNEL) | ILA48.35 Million | 6.42% | 1.26x | $27.57 Million |
| Abra Information Technologies (ABRA) | $46.03 Million | 39.39% | 0.38x | $117.71 Million |
| Idomoo Ltd (IDMO) | $-8.20 Million | 0.00% | 0.00x | $14.65 Million |
| Nice Ltd (NICE) | $167.02 Million | -28.02% | 0.26x | $4.89 Billion |
| Nrgene Technologies Ltd (NRGN) | $17.68 Million | -47.16% | 0.49x | $8.84 Million |
| One Software Technologies Ltd (ONE) | $326.75 Million | 25.22% | 2.16x | $1.31 Billion |
| Photomyne Ltd (PHTM) | $3.69 Million | -133.70% | 2.41x | $14.46 Million |
| Sarine Technologies Ltd (SARN) | $67.33 Million | 35.48% | 0.21x | $42.77 Million |
| Sapiens International Corporation NV (SPNS) | $12.08 Million | -40.08% | 4.69x | $2.09 Billion |
| Tectona (TECT) | $17.39 Million | -231.96% | 0.16x | $17.77 Million |
About Synel M.L.L Payway Ltd
Synel M.L.L Payway Ltd, together with its subsidiaries, provides software integrated hardware solutions for workforce management in organizations in Israel and internationally. It offers workforce management solutions, including time and attendance management system, job costing, shift scheduling, absence management, and smartphone application solutions, as well as dashboard, reports and analysis… Read more