Spuntech
N.R. Spuntech Industries Ltd. produces, markets, and sells non-woven fabrics in Israel, the United States, Canada, Europe, Central and Southern America, and internationally. The company offers dry, disinfecting, hard surface scrubbing, window, bathroom, automobile, and glass wipes; medical swabs and gauzes, bleach wipes, bandages and tapes, germicidal wipes, and medicated wipes; pads, face masks,… Read more
Spuntech (SPNTC) - Net Assets
Latest net assets as of September 2025: ILA271.40 Million ILA
Based on the latest financial reports, Spuntech (SPNTC) has net assets worth ILA271.40 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 (ILA591.51 Million) and total liabilities (ILA320.11 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 | ILA271.40 Million |
| % of Total Assets | 45.88% |
| Annual Growth Rate | 6.28% |
| 5-Year Change | 14.85% |
| 10-Year Change | 91.35% |
| Growth Volatility | 12.15 |
Spuntech - Net Assets Trend (2008–2024)
This chart illustrates how Spuntech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Spuntech (2008–2024)
The table below shows the annual net assets of Spuntech from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA293.99 Million | -1.83% |
| 2023-12-31 | ILA299.47 Million | +8.17% |
| 2022-12-31 | ILA276.85 Million | +6.51% |
| 2021-12-31 | ILA259.92 Million | +1.54% |
| 2020-12-31 | ILA255.98 Million | +10.16% |
| 2019-12-31 | ILA232.38 Million | +2.43% |
| 2018-12-31 | ILA226.87 Million | +17.64% |
| 2017-12-31 | ILA192.86 Million | +3.62% |
| 2016-12-31 | ILA186.13 Million | +21.15% |
| 2015-12-31 | ILA153.64 Million | +22.10% |
| 2014-12-31 | ILA125.83 Million | +35.22% |
| 2013-12-31 | ILA93.05 Million | -3.38% |
| 2012-12-31 | ILA96.31 Million | -11.37% |
| 2011-12-31 | ILA108.65 Million | -6.38% |
| 2010-12-31 | ILA116.06 Million | -7.47% |
| 2009-12-31 | ILA125.43 Million | +13.09% |
| 2008-12-31 | ILA110.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spuntech'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 349.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA216.09 Million | 73.50% |
| Common Stock | ILA1.65 Million | 0.56% |
| Other Comprehensive Income | ILA-14.77 Million | -5.02% |
| Other Components | ILA91.01 Million | 30.96% |
| Total Equity | ILA293.99 Million | 100.00% |
Spuntech Competitors by Market Cap
The table below lists competitors of Spuntech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ProConcept Marketing Group Inc.
PINK:LNTO
|
$546.64K |
|
MICROCHIP TECH - Dusseldorf Stock Exchang
DU:MCP
|
$546.65K |
|
FLEXTRONICS INTL
MU:FXI
|
$546.80K |
|
URBAN OUTFITTERS (UOF.SG)
STU:UOF
|
$546.84K |
|
Kaixin Auto Holdings
NASDAQ:KXIN
|
$546.07K |
|
BAAPL
PINK:BAAPL
|
$545.98K |
|
The Hydration Pharmaceuticals Company Ltd
AU:HPC
|
$545.86K |
|
Environmental Waste International Inc
PINK:YEWTF
|
$545.78K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spuntech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 299,467,000 to 293,986,000, a change of -5,481,000 (-1.8%).
- Net income of 14,592,000 contributed positively to equity growth.
- Dividend payments of 23,242,000 reduced retained earnings.
- Other comprehensive income decreased equity by 14,765,000.
- Other factors increased equity by 17,934,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA14.59 Million | +4.96% |
| Dividends Paid | ILA23.24 Million | -7.91% |
| Other Comprehensive Income | ILA-14.77 Million | -5.02% |
| Other Changes | ILA17.93 Million | +6.1% |
| Total Change | ILA- | -1.83% |
Book Value vs Market Value Analysis
This analysis compares Spuntech'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: 65.64x
- 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 199.95x to 65.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ILA1.45 | ILA290.60 | x |
| 2013-12-31 | ILA1.40 | ILA290.60 | x |
| 2014-12-31 | ILA1.90 | ILA290.60 | x |
| 2015-12-31 | ILA2.32 | ILA290.60 | x |
| 2016-12-31 | ILA2.81 | ILA290.60 | x |
| 2017-12-31 | ILA2.91 | ILA290.60 | x |
| 2018-12-31 | ILA3.42 | ILA290.60 | x |
| 2019-12-31 | ILA3.51 | ILA290.60 | x |
| 2020-12-31 | ILA3.83 | ILA290.60 | x |
| 2021-12-31 | ILA3.87 | ILA290.60 | x |
| 2022-12-31 | ILA4.17 | ILA290.60 | x |
| 2023-12-31 | ILA4.51 | ILA290.60 | x |
| 2024-12-31 | ILA4.43 | ILA290.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spuntech 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): 4.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.20%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.19x
- Recent ROE (4.96%) is below the historical average (22.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 4.80% | 1.52% | 1.02x | 3.11x | ILA-5.76 Million |
| 2009 | 35.36% | 11.46% | 1.09x | 2.84x | ILA31.81 Million |
| 2010 | 23.94% | 7.21% | 1.18x | 2.82x | ILA16.18 Million |
| 2011 | 26.91% | 6.76% | 1.16x | 3.44x | ILA18.37 Million |
| 2012 | 36.47% | 7.42% | 1.31x | 3.76x | ILA25.50 Million |
| 2013 | 44.15% | 8.80% | 1.28x | 3.92x | ILA31.77 Million |
| 2014 | 38.11% | 9.36% | 1.23x | 3.32x | ILA35.37 Million |
| 2015 | 50.13% | 14.53% | 0.85x | 4.06x | ILA61.65 Million |
| 2016 | 19.40% | 7.09% | 0.76x | 3.61x | ILA17.49 Million |
| 2017 | 13.81% | 4.56% | 0.96x | 3.15x | ILA7.36 Million |
| 2018 | 18.08% | 6.23% | 1.03x | 2.83x | ILA18.33 Million |
| 2019 | 10.91% | 4.19% | 1.01x | 2.57x | ILA2.11 Million |
| 2020 | 33.38% | 11.84% | 1.21x | 2.33x | ILA59.85 Million |
| 2021 | 20.10% | 7.82% | 1.07x | 2.39x | ILA26.25 Million |
| 2022 | -7.20% | -2.91% | 1.03x | 2.39x | ILA-47.62 Million |
| 2023 | 11.07% | 4.52% | 1.15x | 2.13x | ILA3.19 Million |
| 2024 | 4.96% | 2.20% | 1.03x | 2.19x | ILA-14.81 Million |
Industry Comparison
This section compares Spuntech's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $119,784,000
- Average return on equity (ROE) among peers: 5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spuntech (SPNTC) | ILA271.40 Million | 4.80% | 1.18x | $546.62K |
| Avgol Industries 1953 Ltd (AVGL) | $2.32 Million | 0.00% | 389.28x | $986.06K |
| Ginegar (GNGR) | $237.25 Million | 10.23% | 1.56x | $317.55K |