TAT Technologies Ltd
TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military aerospace and ground defense industries in the United States, Israel, and internationally. The company operates through four segments: Original Equipment Manufacturing (OEM) of Heat Transfer Solutions and Aviation Accessories; Maintenance, Repair, and Overhaul (MRO) Services for H… Read more
TAT Technologies Ltd (TATT) - Net Assets
Latest net assets as of September 2025: ILA170.69 Million ILA
Based on the latest financial reports, TAT Technologies Ltd (TATT) has net assets worth ILA170.69 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 (ILA224.13 Million) and total liabilities (ILA53.45 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 | ILA170.69 Million |
| % of Total Assets | 76.15% |
| Annual Growth Rate | 22.94% |
| 5-Year Change | 39.47% |
| 10-Year Change | 22.47% |
| Growth Volatility | 224.43 |
TAT Technologies Ltd - Net Assets Trend (1990–2024)
This chart illustrates how TAT Technologies Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TAT Technologies Ltd (1990–2024)
The table below shows the annual net assets of TAT Technologies Ltd from 1990 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA111.97 Million | +23.47% |
| 2023-12-31 | ILA90.68 Million | +20.00% |
| 2022-12-31 | ILA75.57 Million | -1.58% |
| 2021-12-31 | ILA76.78 Million | -4.36% |
| 2020-12-31 | ILA80.28 Million | -5.96% |
| 2019-12-31 | ILA85.37 Million | +1.28% |
| 2018-12-31 | ILA84.29 Million | -4.83% |
| 2017-12-31 | ILA88.57 Million | -0.09% |
| 2016-12-31 | ILA88.65 Million | -3.03% |
| 2015-12-31 | ILA91.42 Million | +6.97% |
| 2014-12-31 | ILA85.47 Million | -2.36% |
| 2013-12-31 | ILA87.53 Million | +2.93% |
| 2012-12-31 | ILA85.04 Million | -4.63% |
| 2011-12-31 | ILA89.16 Million | -2.35% |
| 2010-12-31 | ILA91.31 Million | -6.45% |
| 2009-12-31 | ILA97.61 Million | -6.84% |
| 2008-12-31 | ILA104.78 Million | +7.71% |
| 2007-12-31 | ILA97.27 Million | +144.90% |
| 2006-12-31 | ILA39.72 Million | +13.94% |
| 2005-12-31 | ILA34.86 Million | +7.18% |
| 2004-12-31 | ILA32.53 Million | +13.39% |
| 2003-12-31 | ILA28.68 Million | +12.84% |
| 2002-12-31 | ILA25.42 Million | +6.59% |
| 2001-12-31 | ILA23.85 Million | +12.54% |
| 2000-12-31 | ILA21.19 Million | +8.88% |
| 1999-12-31 | ILA19.46 Million | +26.37% |
| 1998-12-31 | ILA15.40 Million | -10.98% |
| 1997-12-31 | ILA17.30 Million | -1.70% |
| 1996-12-31 | ILA17.60 Million | -26.36% |
| 1995-12-31 | ILA23.90 Million | -19.80% |
| 1994-12-31 | ILA29.80 Million | -2.30% |
| 1993-12-31 | ILA30.50 Million | +246.59% |
| 1992-12-31 | ILA8.80 Million | +576.92% |
| 1991-12-31 | ILA1.30 Million | +1200.00% |
| 1990-12-31 | ILA100.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to TAT Technologies 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 grown by 2643600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA24.44 Million | 21.82% |
| Other Comprehensive Income | ILA-76.00K | -0.07% |
| Other Components | ILA87.61 Million | 78.24% |
| Total Equity | ILA111.97 Million | 100.00% |
TAT Technologies Ltd Competitors by Market Cap
The table below lists competitors of TAT Technologies Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LANDORE R. O.N. (POST CONS)
F:LMK1
|
$5.58 Million |
|
Alliance Developpement Capital SIIC SE
PA:ALDV
|
$5.58 Million |
|
Fiberweb (India) Limited
NSE:FIBERWEB
|
$5.59 Million |
|
JAPAN LOGISTICS FUND INC.
F:8UT
|
$5.59 Million |
|
Republic Airways Holdings Inc
NASDAQ:RJET
|
$5.58 Million |
|
Metals Australia Ltd
AU:MLS
|
$5.58 Million |
|
AKER CARB.CAPT.AS NK 1
F:606
|
$5.58 Million |
|
Fitzroy River Corporation Ltd
AU:FZR
|
$5.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TAT Technologies Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 90,683,000 to 111,969,000, a change of 21,286,000 (23.5%).
- Net income of 11,167,000 contributed positively to equity growth.
- New share issuances of 9,827,000 increased equity.
- Other comprehensive income decreased equity by 103,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA11.17 Million | +9.97% |
| Share Issuances | ILA9.83 Million | +8.78% |
| Other Comprehensive Income | ILA-103.00K | -0.09% |
| Other Changes | ILA395.00K | +0.35% |
| Total Change | ILA- | 23.47% |
Book Value vs Market Value Analysis
This analysis compares TAT Technologies 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: 1847.12x
- 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 230500.00x to 1847.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | ILA0.08 | ILA18440.00 | x |
| 1991-12-31 | ILA0.74 | ILA18440.00 | x |
| 1992-12-31 | ILA2.64 | ILA18440.00 | x |
| 1993-12-31 | ILA7.37 | ILA18440.00 | x |
| 1994-12-31 | ILA6.01 | ILA18440.00 | x |
| 1995-12-31 | ILA4.51 | ILA18440.00 | x |
| 1996-12-31 | ILA3.83 | ILA18440.00 | x |
| 1997-12-31 | ILA3.46 | ILA18440.00 | x |
| 1998-12-31 | ILA3.44 | ILA18440.00 | x |
| 1999-12-31 | ILA4.28 | ILA18440.00 | x |
| 2000-12-31 | ILA4.39 | ILA18440.00 | x |
| 2001-12-31 | ILA5.11 | ILA18440.00 | x |
| 2002-12-31 | ILA5.47 | ILA18440.00 | x |
| 2003-12-31 | ILA5.84 | ILA18440.00 | x |
| 2004-12-31 | ILA5.83 | ILA18440.00 | x |
| 2005-12-31 | ILA5.73 | ILA18440.00 | x |
| 2006-12-31 | ILA6.44 | ILA18440.00 | x |
| 2007-12-31 | ILA11.36 | ILA18440.00 | x |
| 2008-12-31 | ILA11.59 | ILA18440.00 | x |
| 2009-12-31 | ILA11.94 | ILA18440.00 | x |
| 2010-12-31 | ILA10.01 | ILA18440.00 | x |
| 2011-12-31 | ILA9.80 | ILA18440.00 | x |
| 2012-12-31 | ILA9.34 | ILA18440.00 | x |
| 2013-12-31 | ILA9.71 | ILA18440.00 | x |
| 2014-12-31 | ILA9.68 | ILA18440.00 | x |
| 2015-12-31 | ILA10.38 | ILA18440.00 | x |
| 2016-12-31 | ILA10.04 | ILA18440.00 | x |
| 2017-12-31 | ILA9.93 | ILA18440.00 | x |
| 2018-12-31 | ILA9.51 | ILA18440.00 | x |
| 2019-12-31 | ILA9.62 | ILA18440.00 | x |
| 2020-12-31 | ILA9.05 | ILA18440.00 | x |
| 2021-12-31 | ILA8.65 | ILA18440.00 | x |
| 2022-12-31 | ILA8.48 | ILA18440.00 | x |
| 2023-12-31 | ILA9.98 | ILA18440.00 | x |
| 2024-12-31 | ILA9.98 | ILA18440.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TAT Technologies 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): 9.97%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.34%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.46x
- Recent ROE (9.97%) is above the historical average (-11.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | -600.00% | -150.00% | 1.00x | 4.00x | ILA-610.00K |
| 1991 | 53.85% | 11.67% | 1.54x | 3.00x | ILA570.00K |
| 1992 | 11.36% | 13.33% | 0.52x | 1.64x | ILA120.00K |
| 1993 | 17.09% | 29.19% | 0.44x | 1.32x | ILA1.95 Million |
| 1994 | -5.32% | -7.95% | 0.47x | 1.41x | ILA-4.03 Million |
| 1995 | -32.83% | -38.92% | 0.53x | 1.58x | ILA-8.48 Million |
| 1996 | -13.07% | -14.47% | 0.71x | 1.27x | ILA-4.06 Million |
| 1997 | -2.31% | -2.78% | 0.67x | 1.24x | ILA-2.13 Million |
| 1998 | -11.04% | -11.81% | 0.73x | 1.27x | ILA-3.24 Million |
| 1999 | 13.57% | 14.98% | 0.72x | 1.26x | ILA694.90K |
| 2000 | 25.71% | 19.16% | 0.89x | 1.50x | ILA3.33 Million |
| 2001 | 11.15% | 10.61% | 0.82x | 1.28x | ILA273.20K |
| 2002 | 14.12% | 13.66% | 0.76x | 1.37x | ILA1.05 Million |
| 2003 | 13.37% | 12.50% | 0.78x | 1.37x | ILA965.60K |
| 2004 | 11.50% | 11.25% | 0.81x | 1.27x | ILA486.40K |
| 2005 | 10.12% | 7.17% | 0.82x | 1.73x | ILA42.90K |
| 2006 | 15.27% | 7.82% | 1.17x | 1.67x | ILA2.09 Million |
| 2007 | 43.93% | 36.05% | 0.78x | 1.56x | ILA24.70 Million |
| 2008 | 5.61% | 4.13% | 0.76x | 1.79x | ILA-3.34 Million |
| 2009 | 1.85% | 2.11% | 0.67x | 1.31x | ILA-7.73 Million |
| 2010 | -8.14% | -9.01% | 0.66x | 1.38x | ILA-16.01 Million |
| 2011 | -1.19% | -1.21% | 0.74x | 1.34x | ILA-9.67 Million |
| 2012 | -2.08% | -1.95% | 0.82x | 1.31x | ILA-9.94 Million |
| 2013 | 3.30% | 3.55% | 0.73x | 1.27x | ILA-5.73 Million |
| 2014 | 1.68% | 1.77% | 0.80x | 1.19x | ILA-7.11 Million |
| 2015 | 6.40% | 6.83% | 0.78x | 1.20x | ILA-3.29 Million |
| 2016 | 0.07% | 0.06% | 0.86x | 1.26x | ILA-8.80 Million |
| 2017 | 2.71% | 2.25% | 0.95x | 1.26x | ILA-6.46 Million |
| 2018 | -5.23% | -4.73% | 0.90x | 1.23x | ILA-12.84 Million |
| 2019 | 0.94% | 0.79% | 0.89x | 1.34x | ILA-7.73 Million |
| 2020 | -4.11% | -4.38% | 0.65x | 1.45x | ILA-11.33 Million |
| 2021 | -5.10% | -5.02% | 0.70x | 1.44x | ILA-11.59 Million |
| 2022 | -2.31% | -2.06% | 0.67x | 1.68x | ILA-9.30 Million |
| 2023 | 5.15% | 4.11% | 0.78x | 1.61x | ILA-4.40 Million |
| 2024 | 9.97% | 7.34% | 0.93x | 1.46x | ILA-29.90K |
Industry Comparison
This section compares TAT Technologies Ltd's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $201,211,333
- Average return on equity (ROE) among peers: 8.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TAT Technologies Ltd (TATT) | ILA170.69 Million | -600.00% | 0.31x | $5.58 Million |
| Aryt Industries Ltd (ARYT) | $65.84 Million | 33.90% | 0.24x | $16.34 Million |
| Ashot Ashkelon Industries Ltd (ASHO) | $242.76 Million | -0.52% | 1.59x | $7.52 Million |
| Bet Shemesh Engines Holdings 1997 Ltd (BSEN) | $57.92 Million | 15.48% | 0.67x | $18.49 Million |
| FMS Enterprises Migun Ltd (FBRT) | $86.78 Million | 30.87% | 0.20x | $6.04 Million |
| Global Knafaim Leasing Ltd (GKL) | $99.81 Million | 0.00% | 2.31x | $340.63K |
| IMCO Industries Ltd (IMCO) | $108.93 Million | 8.26% | 0.41x | $1.17 Million |
| Israel Shipyards Ltd (ISHI) | $968.64 Million | 6.78% | 0.73x | $10.66 Million |
| Imagesat International ISI Ltd (ISI) | $167.26 Million | 2.79% | 0.61x | $2.86 Million |
| RSL Electronics Ltd (RSEL) | $12.96 Million | -17.49% | 0.79x | $402.74K |