Tel Aviv Stock Exchange (TASE) - Net Assets
Based on the latest financial reports, Tel Aviv Stock Exchange (TASE) has net assets worth ILA651.48 Million ILA (≈ $1.75 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.79 Billion ≈ $4.81 Million USD) and total liabilities (ILA1.14 Billion ≈ $3.06 Million 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. Also explore Tel Aviv Stock Exchange asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA651.48 Million |
| % of Total Assets | 36.33% |
| Annual Growth Rate | 2.51% |
| 5-Year Change | -1.57% |
| 10-Year Change | 27.63% |
| Growth Volatility | 28.21 |
Tel Aviv Stock Exchange - Net Assets Trend (2015–2025)
This chart illustrates how Tel Aviv Stock Exchange's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see market cap of Tel Aviv Stock Exchange.
Annual Net Assets for Tel Aviv Stock Exchange (2015–2025)
The table below shows the annual net assets of Tel Aviv Stock Exchange from 2015 to 2025. Explore TASE cash flow metrics to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ILA651.48 Million ≈ $1.75 Million |
-9.68% |
| 2024-12-31 | ILA721.27 Million ≈ $1.93 Million |
+79.54% |
| 2023-12-31 | ILA401.72 Million ≈ $1.08 Million |
-41.48% |
| 2022-12-31 | ILA686.45 Million ≈ $1.84 Million |
+3.71% |
| 2021-12-31 | ILA661.87 Million ≈ $1.77 Million |
+4.92% |
| 2020-12-31 | ILA630.84 Million ≈ $1.69 Million |
+5.37% |
| 2019-12-31 | ILA598.71 Million ≈ $1.61 Million |
+6.93% |
| 2018-12-31 | ILA559.89 Million ≈ $1.50 Million |
+6.81% |
| 2017-12-31 | ILA524.22 Million ≈ $1.41 Million |
+2.70% |
| 2016-12-31 | ILA510.44 Million ≈ $1.37 Million |
+0.41% |
| 2015-12-31 | ILA508.38 Million ≈ $1.36 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tel Aviv Stock Exchange'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 45.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA277.62 Million | 42.61% |
| Other Comprehensive Income | ILA373.86 Million | 57.39% |
| Total Equity | ILA651.48 Million | 100.00% |
Tel Aviv Stock Exchange Competitors by Market Cap
The table below lists competitors of Tel Aviv Stock Exchange ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Otter Tail Corporation
NASDAQ:OTTR
|
$3.69 Billion |
|
Fosun International Limited
F:FNI
|
$3.69 Billion |
|
MANDARIN ORIENTAL DL-05
F:1C4
|
$3.70 Billion |
|
Sime Darby Bhd
KLSE:4197
|
$3.70 Billion |
|
China Railway Construction Heavy Industry Corp Ltd
SHG:688425
|
$3.69 Billion |
|
Wynn Macau Limited
F:8WY
|
$3.69 Billion |
|
Tibet Summit Resources Co Ltd
SHG:600338
|
$3.69 Billion |
|
WPP PLC ADR
F:0WPA
|
$3.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tel Aviv Stock Exchange's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 721,268,000 to 651,482,000, a change of -69,786,000 (-9.7%).
- Net income of 181,000,000 contributed positively to equity growth.
- Dividend payments of 50,697,000 reduced retained earnings.
- Share repurchases of 202,571,000 reduced equity.
- Other comprehensive income increased equity by 373,858,000.
- Other factors decreased equity by 371,376,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA181.00 Million | +27.78% |
| Dividends Paid | ILA50.70 Million | -7.78% |
| Share Repurchases | ILA202.57 Million | -31.09% |
| Other Comprehensive Income | ILA373.86 Million | +57.39% |
| Other Changes | ILA-371.38 Million | -57.0% |
| Total Change | ILA- | -9.68% |
Book Value vs Market Value Analysis
This analysis compares Tel Aviv Stock Exchange'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: 2113.74x
- 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 2924.98x to 2113.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | ILA5.08 | ILA14870.00 | x |
| 2016-12-31 | ILA5.10 | ILA14870.00 | x |
| 2017-12-31 | ILA5.47 | ILA14870.00 | x |
| 2018-12-31 | ILA5.58 | ILA14870.00 | x |
| 2019-12-31 | ILA5.93 | ILA14870.00 | x |
| 2020-12-31 | ILA6.12 | ILA14870.00 | x |
| 2021-12-31 | ILA6.35 | ILA14870.00 | x |
| 2022-12-31 | ILA6.65 | ILA14870.00 | x |
| 2023-12-31 | ILA4.15 | ILA14870.00 | x |
| 2024-12-31 | ILA7.47 | ILA14870.00 | x |
| 2025-12-31 | ILA7.03 | ILA14870.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tel Aviv Stock Exchange 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): 27.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.12%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 2.75x
- Recent ROE (27.78%) is above the historical average (9.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.98% | 7.71% | 0.13x | 3.86x | ILA-30.59 Million |
| 2016 | 0.41% | 0.87% | 0.13x | 3.56x | ILA-48.94 Million |
| 2017 | -2.72% | -5.89% | 0.10x | 4.45x | ILA-66.69 Million |
| 2018 | 15.44% | 33.81% | 0.16x | 2.88x | ILA30.43 Million |
| 2019 | 2.93% | 6.75% | 0.22x | 1.93x | ILA-42.31 Million |
| 2020 | 5.85% | 12.13% | 0.26x | 1.88x | ILA-26.18 Million |
| 2021 | 6.87% | 14.05% | 0.21x | 2.36x | ILA-20.72 Million |
| 2022 | 7.41% | 14.08% | 0.20x | 2.64x | ILA-17.81 Million |
| 2023 | 20.71% | 21.34% | 0.14x | 6.70x | ILA43.03 Million |
| 2024 | 14.06% | 23.16% | 0.24x | 2.53x | ILA29.27 Million |
| 2025 | 27.78% | 32.12% | 0.31x | 2.75x | ILA115.85 Million |
Industry Comparison
This section compares Tel Aviv Stock Exchange's net assets metrics with peer companies in the Financial Data & Stock Exchanges industry.
No peer company data available for comparison.
About Tel Aviv Stock Exchange
The Tel-Aviv Stock Exchange Ltd. operates as a stock exchange in Israel. The company offers markets for the listing and trading of a range of securities and derivative instruments, including stocks, corporate bonds, government bonds, treasury bills, structured bonds, exchange traded funds (ETFs), convertible securities, mutual funds, commodities, options, and futures. It also engages in the clear… Read more