Telsys (TLSY) - Net Assets
Based on the latest financial reports, Telsys (TLSY) has net assets worth ILA249.74 Million ILA (≈ $669.55K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA406.12 Million ≈ $1.09 Million USD) and total liabilities (ILA156.38 Million ≈ $419.25K 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. Check Telsys liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ILA249.74 Million |
| % of Total Assets | 61.49% |
| Annual Growth Rate | 5.31% |
| 5-Year Change | 23.12% |
| 10-Year Change | 185.22% |
| Growth Volatility | 29.24 |
Telsys - Net Assets Trend (2006–2024)
This chart illustrates how Telsys's net assets have evolved over time, based on quarterly financial data. Also explore TLSY current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Telsys (2006–2024)
The table below shows the annual net assets of Telsys from 2006 to 2024. For live valuation and market cap data, see TLSY company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA282.91 Million ≈ $758.47K |
-4.17% |
| 2023-12-31 | ILA295.22 Million ≈ $791.47K |
+16.99% |
| 2022-12-31 | ILA252.34 Million ≈ $676.51K |
+23.25% |
| 2021-12-31 | ILA204.75 Million ≈ $548.92K |
-10.90% |
| 2020-12-31 | ILA229.79 Million ≈ $616.06K |
-14.84% |
| 2019-12-31 | ILA269.82 Million ≈ $723.38K |
-7.60% |
| 2018-12-31 | ILA292.03 Million ≈ $782.92K |
+19.39% |
| 2017-12-31 | ILA244.60 Million ≈ $655.77K |
+112.15% |
| 2016-12-31 | ILA115.30 Million ≈ $309.11K |
+16.24% |
| 2015-12-31 | ILA99.19 Million ≈ $265.92K |
+14.86% |
| 2014-12-31 | ILA86.36 Million ≈ $231.52K |
+10.53% |
| 2013-12-31 | ILA78.13 Million ≈ $209.47K |
-18.28% |
| 2012-12-31 | ILA95.61 Million ≈ $256.32K |
-13.92% |
| 2011-12-31 | ILA111.07 Million ≈ $297.77K |
+8.17% |
| 2010-12-31 | ILA102.68 Million ≈ $275.28K |
-12.29% |
| 2009-12-31 | ILA117.06 Million ≈ $313.85K |
+13.47% |
| 2007-12-31 | ILA103.17 Million ≈ $276.58K |
-7.51% |
| 2006-12-31 | ILA111.54 Million ≈ $299.03K |
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Equity Component Analysis
This analysis shows how different components contribute to Telsys'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 131.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA166.50 Million | 58.99% |
| Other Components | ILA115.77 Million | 41.01% |
| Total Equity | ILA282.27 Million | 100.00% |
Telsys Competitors by Market Cap
The table below lists competitors of Telsys ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boozt AB
ST:BOOZT
|
$768.93 Million |
|
Beijing Science Sun Pharmaceutical Co Ltd
SHE:300485
|
$768.97 Million |
|
Zhejiang Meili High Technology Co Ltd
SHE:300611
|
$769.08 Million |
|
Eastman Kodak Co
NYSE:KODK
|
$769.27 Million |
|
Link Mobility Group Holding ASA
OL:LINK
|
$768.85 Million |
|
Jilin Liyuan Precision Manufacturing Co Ltd
SHE:002501
|
$768.83 Million |
|
Redtape Limited
NSE:REDTAPE
|
$768.11 Million |
|
Caregen Co.Ltd
KQ:214370
|
$768.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telsys's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 263,118,000 to 282,273,000, a change of 19,155,000 (7.3%).
- Net income of 95,680,000 contributed positively to equity growth.
- Dividend payments of 90,000,000 reduced retained earnings.
- New share issuances of 933,000 increased equity.
- Other factors increased equity by 12,542,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA95.68 Million | +33.9% |
| Dividends Paid | ILA90.00 Million | -31.88% |
| Share Issuances | ILA933.00K | +0.33% |
| Other Changes | ILA12.54 Million | +4.44% |
| Total Change | ILA- | 7.28% |
Book Value vs Market Value Analysis
This analysis compares Telsys'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: 1015.73x
- 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 increased from 930.08x to 1015.73x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ILA34.06 | ILA31680.00 | x |
| 2018-12-31 | ILA38.91 | ILA31680.00 | x |
| 2019-12-31 | ILA35.68 | ILA31680.00 | x |
| 2020-12-31 | ILA30.21 | ILA31680.00 | x |
| 2021-12-31 | ILA26.49 | ILA31680.00 | x |
| 2022-12-31 | ILA32.02 | ILA31680.00 | x |
| 2023-12-31 | ILA38.90 | ILA31680.00 | x |
| 2024-12-31 | ILA31.19 | ILA31680.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telsys 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): 33.90%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.40%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.47x
- Recent ROE (33.90%) is above the historical average (19.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 24.20% | 7.76% | 1.97x | 1.58x | ILA15.80 Million |
| 2007 | 15.09% | 5.93% | 1.80x | 1.42x | ILA5.23 Million |
| 2009 | 8.28% | 5.68% | 1.13x | 1.29x | ILA-2.01 Million |
| 2010 | 10.38% | 4.48% | 1.77x | 1.31x | ILA384.70K |
| 2011 | 7.57% | 4.53% | 1.36x | 1.23x | ILA-2.69 Million |
| 2012 | 7.36% | 3.70% | 1.64x | 1.21x | ILA-2.52 Million |
| 2013 | 2.43% | 1.16% | 1.68x | 1.25x | ILA-5.89 Million |
| 2014 | 8.51% | 4.17% | 1.66x | 1.23x | ILA-1.29 Million |
| 2015 | 12.18% | 6.33% | 1.59x | 1.21x | ILA2.15 Million |
| 2016 | 17.84% | 9.54% | 1.55x | 1.20x | ILA9.01 Million |
| 2017 | 56.73% | 52.57% | 0.60x | 1.79x | ILA110.41 Million |
| 2018 | 10.21% | 7.27% | 0.87x | 1.62x | ILA562.40K |
| 2019 | 10.58% | 7.89% | 0.87x | 1.54x | ILA1.44 Million |
| 2020 | 18.97% | 12.41% | 1.00x | 1.52x | ILA18.98 Million |
| 2021 | 23.08% | 16.22% | 0.72x | 1.98x | ILA24.49 Million |
| 2022 | 39.35% | 20.57% | 0.97x | 1.96x | ILA66.42 Million |
| 2023 | 48.81% | 23.40% | 1.26x | 1.66x | ILA102.10 Million |
| 2024 | 33.90% | 24.40% | 0.94x | 1.47x | ILA67.45 Million |
Industry Comparison
This section compares Telsys's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $107,510,000
- Average return on equity (ROE) among peers: 19.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telsys (TLSY) | ILA249.74 Million | 24.20% | 0.63x | $768.86 Million |
| Accel Solutions Group Ltd (ACCL) | $85.86 Million | 4.98% | 0.51x | $114.08 Million |
| Brimag -L (BRMG) | $243.08 Million | 24.19% | 1.13x | $67.77 Million |
| Icon Group (ICON) | $65.70 Million | 47.00% | 4.03x | $99.23 Million |
| Ralco Agencies Ltd (RLCO) | $96.19 Million | 23.78% | 0.54x | $45.68 Million |
| STG International Ltd (STG) | $46.72 Million | 0.00% | 0.90x | $70.65 Million |
About Telsys
Telsys Ltd. markets and distributes electronic components and open tools in Israel. The company offers semiconductors, subsystems, passives, connectors, microwaves, telecom/datacom products, and others. It also provides specialized services. In addition, the company engages in the development, production, and marketing of computer modules, such as system on modules. Telsys Ltd. was incorporated i… Read more