Shapir Engineering Industry
Shapir Engineering and Industry Ltd engages in the construction, engineering, and infrastructure businesses in Israel. It offers concrete, cement, quarry materials, asphalt, and prefabricated elements, as well as piping products and steel for construction industries; and geo technical and subterranean engineering and transport system. The company also undertakes infrastructure projects, including… Read more
Shapir Engineering Industry (SPEN) - Net Assets
Latest net assets as of September 2025: ILA3.92 Billion ILA
Based on the latest financial reports, Shapir Engineering Industry (SPEN) has net assets worth ILA3.92 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 (ILA16.85 Billion) and total liabilities (ILA12.93 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 | ILA3.92 Billion |
| % of Total Assets | 23.26% |
| Annual Growth Rate | 23.56% |
| 5-Year Change | 86.13% |
| 10-Year Change | 253.92% |
| Growth Volatility | 39.33 |
Shapir Engineering Industry - Net Assets Trend (2012–2024)
This chart illustrates how Shapir Engineering Industry's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shapir Engineering Industry (2012–2024)
The table below shows the annual net assets of Shapir Engineering Industry from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA3.86 Billion | +4.35% |
| 2023-12-31 | ILA3.70 Billion | +4.28% |
| 2022-12-31 | ILA3.55 Billion | +13.42% |
| 2021-12-31 | ILA3.13 Billion | +50.81% |
| 2020-12-31 | ILA2.08 Billion | +12.88% |
| 2019-12-31 | ILA1.84 Billion | +15.47% |
| 2018-12-31 | ILA1.59 Billion | +18.83% |
| 2017-12-31 | ILA1.34 Billion | +10.61% |
| 2016-12-31 | ILA1.21 Billion | +11.00% |
| 2015-12-31 | ILA1.09 Billion | +5.11% |
| 2014-12-31 | ILA1.04 Billion | +150.74% |
| 2013-12-31 | ILA414.15 Million | +35.79% |
| 2012-12-31 | ILA305.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shapir Engineering Industry'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 847.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA2.59 Billion | 82.89% |
| Other Components | ILA534.00 Million | 17.11% |
| Total Equity | ILA3.12 Billion | 100.00% |
Shapir Engineering Industry Competitors by Market Cap
The table below lists competitors of Shapir Engineering Industry ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paloma Acquisition Corp I Units
NASDAQ:PALOU
|
$29.48 Million |
|
The Environmental Group Limited
F:E7G
|
$29.48 Million |
|
Soc Centrale Bois Scieries Manche SA
PA:CBSM
|
$29.49 Million |
|
Spectral AI Inc.
NASDAQ:MDAI
|
$29.50 Million |
|
Mural Oncology plc
NASDAQ:MURA
|
$29.47 Million |
|
ITALIAN SEA GROUP
F:6QN
|
$29.47 Million |
|
ELES SEMICO.EQUIPM. S.P.A
F:1EP
|
$29.47 Million |
|
TIL Limited
NSE:TIL
|
$29.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shapir Engineering Industry's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,986,000,000 to 3,121,000,000, a change of 135,000,000 (4.5%).
- Net income of 178,000,000 contributed positively to equity growth.
- Other factors decreased equity by 43,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA178.00 Million | +5.7% |
| Other Changes | ILA-43.00 Million | -1.38% |
| Total Change | ILA- | 4.52% |
Book Value vs Market Value Analysis
This analysis compares Shapir Engineering Industry'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: 389.84x
- 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 890.07x to 389.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ILA3.82 | ILA3404.00 | x |
| 2018-12-31 | ILA4.54 | ILA3404.00 | x |
| 2019-12-31 | ILA5.16 | ILA3404.00 | x |
| 2020-12-31 | ILA5.81 | ILA3404.00 | x |
| 2021-12-31 | ILA6.96 | ILA3404.00 | x |
| 2022-12-31 | ILA8.01 | ILA3404.00 | x |
| 2023-12-31 | ILA8.36 | ILA3404.00 | x |
| 2024-12-31 | ILA8.73 | ILA3404.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shapir Engineering Industry 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): 5.70%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.50%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 4.97x
- Recent ROE (5.70%) is below the historical average (15.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 26.70% | 8.39% | 0.39x | 8.21x | ILA69.16 Million |
| 2014 | 19.44% | 8.75% | 0.64x | 3.48x | ILA98.00 Million |
| 2015 | 14.75% | 6.48% | 0.64x | 3.53x | ILA51.86 Million |
| 2016 | 15.38% | 5.94% | 0.59x | 4.37x | ILA65.31 Million |
| 2017 | 20.45% | 7.72% | 0.57x | 4.68x | ILA140.09 Million |
| 2018 | 17.90% | 9.23% | 0.45x | 4.29x | ILA125.76 Million |
| 2019 | 15.56% | 9.76% | 0.41x | 3.93x | ILA101.95 Million |
| 2020 | 15.93% | 9.47% | 0.45x | 3.72x | ILA122.78 Million |
| 2021 | 17.55% | 11.21% | 0.34x | 4.59x | ILA187.85 Million |
| 2022 | 13.38% | 8.42% | 0.32x | 5.00x | ILA96.70 Million |
| 2023 | 5.29% | 3.03% | 0.35x | 4.98x | ILA-140.60 Million |
| 2024 | 5.70% | 3.50% | 0.33x | 4.97x | ILA-134.10 Million |
Industry Comparison
This section compares Shapir Engineering Industry's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $329,533,600
- Average return on equity (ROE) among peers: 11.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shapir Engineering Industry (SPEN) | ILA3.92 Billion | 26.70% | 3.30x | $29.48 Million |
| Mordechai Aviv Taasiot Beniyah 1973 Ltd (AVIV) | $333.87 Million | 6.94% | 1.92x | $682.31K |
| Danya Cebus (DNYA) | $704.90 Million | 24.87% | 2.26x | $14.03 Million |
| El-Mor Electric Installation & Services 1986 Ltd (ELMR) | $240.69 Million | 12.89% | 1.12x | $1.65 Million |
| Electra Ltd (ELTR) | $196.97 Million | 16.98% | 2.81x | $22.47 Million |
| Lapidoth (LAPD) | $527.04 Million | 10.24% | 0.70x | $15.14 Million |
| Levinski Ofer (LEOF) | $16.56 Million | 2.43% | 10.26x | $399.80K |
| Levinstein Eng (LEVI) | $81.36 Million | 13.12% | 4.92x | $7.84 Million |
| Lesico Ltd (LSCO) | $148.54 Million | 10.02% | 1.48x | $534.43K |
| Ludan Engineering Co. Ltd (LUDN) | $70.89 Million | 20.48% | 3.93x | $548.68K |
| Amos Luzon Development and Energy Group Ltd (LUZN) | $974.51 Million | 0.23% | 1.61x | $5.61 Million |