SR Accord

TA:SRAC Israel Credit Services
Market Cap
$210.92 Million
ILA78.67 Billion ILA
Market Cap Rank
#34513 Global
#192 in Israel
Share Price
ILA5998.00
Change (1 day)
+3.38%
52-Week Range
ILA4100.00 - ILA5998.00
All Time High
ILA6374.22
Categories
Companies in Israel Credit Services Banking & Financial
About

S.R. Accord Ltd. provides non-bank financing and credit services in Israel. The company offers real estate financing, check discounting, bridging loans, and line of credit; financing for infrastructure projects, business, evacuation and construction, car and business growth, small and medium-sized businesses, and public companies; guarantees for project implementation, as well as business financi… Read more

SR Accord (SRAC) - Net Assets

Latest net assets as of September 2025: ILA468.05 Million ILA

Based on the latest financial reports, SR Accord (SRAC) has net assets worth ILA468.05 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 (ILA1.79 Billion) and total liabilities (ILA1.32 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 ILA468.05 Million
% of Total Assets 26.16%
Annual Growth Rate -3.75%
5-Year Change 76.82%
10-Year Change 546.5%
Growth Volatility 305.96

SR Accord - Net Assets Trend (2001–2024)

This chart illustrates how SR Accord's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for SR Accord (2001–2024)

The table below shows the annual net assets of SR Accord from 2001 to 2024.

Year Net Assets Change
2024-12-31 ILA432.06 Million +14.09%
2023-12-31 ILA378.71 Million +12.00%
2022-12-31 ILA338.14 Million +21.05%
2021-12-31 ILA279.34 Million +14.32%
2020-12-31 ILA244.35 Million +90.81%
2019-12-31 ILA128.06 Million +10.75%
2018-12-31 ILA115.63 Million +9.47%
2017-12-31 ILA105.63 Million +20.26%
2016-12-31 ILA87.84 Million +31.43%
2015-12-31 ILA66.83 Million +110.35%
2014-12-31 ILA31.77 Million +795.46%
2013-12-31 ILA3.55 Million +392.74%
2012-12-31 ILA-1.21 Million +88.96%
2011-12-31 ILA-10.98 Million -1135.66%
2010-12-31 ILA1.06 Million -98.71%
2009-12-31 ILA81.98 Million -74.51%
2008-12-31 ILA321.58 Million -62.45%
2007-12-31 ILA856.48 Million -15.42%
2006-12-31 ILA1.01 Billion +2.86%
2005-12-31 ILA984.44 Million +38.74%
2004-12-31 ILA709.54 Million +26.98%
2003-12-31 ILA558.80 Million -26.56%
2002-12-31 ILA760.92 Million -26.93%
2001-12-31 ILA1.04 Billion --

Equity Component Analysis

This analysis shows how different components contribute to SR Accord'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 37.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ILA72.11 Million 17.25%
Common Stock ILA356.11 Million 85.21%
Total Equity ILA417.93 Million 100.00%

SR Accord Competitors by Market Cap

The table below lists competitors of SR Accord ranked by their market capitalization.

Company Market Cap
Hold Me Ltd
PINK:HMELF
 		$1.83 Million
Cabnet Holdings Bhd
KLSE:0191
 		$1.84 Million
Newcap Holding A/S
CO:NEWCAP
 		$1.84 Million
Surya Biru Murni Acetylene Tbk PT
JK:SBMA
 		$1.84 Million
ARENA.PL S.A. ZY -50
F:8G6
 		$1.83 Million
HERSHEY
HM:HSY
 		$1.83 Million
Vaxxa AB
F:7WA0
 		$1.83 Million
Zaklady Urzadzen Kotlowych Staporkow SA
WAR:ZUK
 		$1.83 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SR Accord's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 368,358,000 to 417,932,000, a change of 49,574,000 (13.5%).
  • Net income of 69,574,000 contributed positively to equity growth.
  • Dividend payments of 20,000,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA69.57 Million +16.65%
Dividends Paid ILA20.00 Million -4.79%
Total Change ILA- 13.46%

Book Value vs Market Value Analysis

This analysis compares SR Accord'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: 188.25x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 ILA-949.70 ILA5998.00 x
2013-12-31 ILA6.41 ILA5998.00 x
2014-12-31 ILA8.20 ILA5998.00 x
2015-12-31 ILA5.63 ILA5998.00 x
2016-12-31 ILA7.40 ILA5998.00 x
2017-12-31 ILA8.90 ILA5998.00 x
2018-12-31 ILA9.74 ILA5998.00 x
2019-12-31 ILA10.79 ILA5998.00 x
2020-12-31 ILA18.49 ILA5998.00 x
2021-12-31 ILA20.62 ILA5998.00 x
2022-12-31 ILA24.37 ILA5998.00 x
2023-12-31 ILA27.24 ILA5998.00 x
2024-12-31 ILA31.86 ILA5998.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently SR Accord 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): 16.65%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 37.29%
  • • Asset Turnover: 0.12x
  • • Equity Multiplier: 3.70x
  • Recent ROE (16.65%) is below the historical average (47.97%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 22.39% 2.46% 0.55x 16.54x ILA28.01 Million
2005 21.95% 2.54% 0.54x 16.11x ILA31.86 Million
2006 8.27% 1.05% 0.50x 15.72x ILA-4.68 Million
2007 2.00% 1.50% 0.12x 11.04x ILA-20.25 Million
2012 0.00% -1089.56% 1.27x 0.00x ILA-8.73 Million
2013 484.84% 20725.30% 0.02x 1.05x ILA16.85 Million
2014 -8.60% -660.14% 0.01x 1.06x ILA-5.91 Million
2015 51.52% 70.23% 0.19x 3.76x ILA27.75 Million
2016 37.21% 58.63% 0.24x 2.69x ILA23.90 Million
2017 23.48% 50.08% 0.17x 2.80x ILA14.24 Million
2018 22.33% 37.43% 0.14x 4.32x ILA14.26 Million
2019 43.60% 49.87% 0.16x 5.60x ILA43.03 Million
2020 22.91% 49.05% 0.14x 3.35x ILA31.54 Million
2021 25.26% 52.87% 0.11x 4.37x ILA42.63 Million
2022 24.00% 43.57% 0.12x 4.67x ILA46.13 Million
2023 17.74% 34.18% 0.15x 3.44x ILA28.51 Million
2024 16.65% 37.29% 0.12x 3.70x ILA27.78 Million

Industry Comparison

This section compares SR Accord's net assets metrics with peer companies in the Credit Services industry.

Industry Context

  • Industry: Credit Services
  • Average net assets among peers: $171,846,053
  • Average return on equity (ROE) among peers: 11.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
SR Accord (SRAC) ILA468.05 Million 22.39% 2.82x $1.83 Million
Blackedge Ltd (BLEG) $31.44 Million 25.47% 6.22x $171.26 Million
Blender Financial Technologies Ltd (BLND) $12.59 Million -192.17% 4.09x $180.33K
Direct Finance TA (DIFI) $308.07 Million 18.05% 4.77x $4.26 Million
Gamla Harel Residential Real-Estate Ltd (GMLA) $264.55 Million 12.30% 3.04x $1.48 Million
Jacob Finance And Investments Ltd (JCFN) $32.51 Million 74.84% 42.00x $1.98 Million
Michlol Finance Ltd (MCLL) $305.73 Million 16.66% 4.34x $1.83 Million
Michman Basad Ltd (MCMN) $10.83 Million 69.73% 7.32x $1.60 Million
MLRN Projects and Trade Ltd (MLRN) $28.66 Million 38.21% 8.20x $1.21 Million
Menif Financial Services Ltd (MNIF) $450.69 Million 27.61% 4.78x $4.24 Million
Nawi Brothers Group Ltd (NAWI) $273.38 Million 21.61% 3.76x $4.87 Million