Veridis Environment Ltd
Veridis Environment Ltd provides environmental services in the areas of waste management, paper and cardboard, water, and energy in Israel. The company offers waste collection and transportation, separation, sorting, recycling, and disposal, as well as treatment, hazardous waste, total waste management, environmental remediation, hydroxyl, and landfilling services; and produces recycled raw mater… Read more
Veridis Environment Ltd (VRDS) - Net Assets
Latest net assets as of September 2025: ILA2.07 Billion ILA
Based on the latest financial reports, Veridis Environment Ltd (VRDS) has net assets worth ILA2.07 Billion ILA as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA5.59 Billion) and total liabilities (ILA3.52 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 | ILA2.07 Billion |
| % of Total Assets | 37.07% |
| Annual Growth Rate | 33.73% |
| 5-Year Change | 208.25% |
| 10-Year Change | N/A |
| Growth Volatility | 37.42 |
Veridis Environment Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Veridis Environment 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 Veridis Environment Ltd (2019–2024)
The table below shows the annual net assets of Veridis Environment Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA1.85 Billion | -0.47% |
| 2023-12-31 | ILA1.86 Billion | +108.38% |
| 2022-12-31 | ILA891.72 Million | +16.62% |
| 2021-12-31 | ILA764.65 Million | +27.45% |
| 2020-12-31 | ILA599.95 Million | +38.83% |
| 2019-12-31 | ILA432.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Veridis Environment 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 275.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ILA217.82 Million | 12.40% |
| Common Stock | ILA1.45 Million | 0.08% |
| Other Comprehensive Income | ILA129.55 Million | 7.37% |
| Other Components | ILA1.41 Billion | 80.15% |
| Total Equity | ILA1.76 Billion | 100.00% |
Veridis Environment Ltd Competitors by Market Cap
The table below lists competitors of Veridis Environment Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nukkleus Inc
NASDAQ:NUKK
|
$13.31 Million |
|
Silver Bullet Mines Corp.
OTCQB:SBMCF
|
$13.31 Million |
|
Bastogi S.p.A
F:BAOA
|
$13.31 Million |
|
Silver Viper Minerals Corp
OTCQB:VIPRF
|
$13.31 Million |
|
Boat Rocker Media Inc
TO:BRMI
|
$13.30 Million |
|
Arthavest Tbk
JK:ARTA
|
$13.30 Million |
|
Pantera Silver Corp.
PINK:PNTRF
|
$13.29 Million |
|
Opter AB
ST:OPTER
|
$13.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veridis Environment Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,858,177,000 to 1,756,861,000, a change of -101,316,000 (-5.5%).
- Net loss of 18,475,000 reduced equity.
- Other comprehensive income decreased equity by 4,409,000.
- Other factors decreased equity by 78,432,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ILA-18.48 Million | -1.05% |
| Other Comprehensive Income | ILA-4.41 Million | -0.25% |
| Other Changes | ILA-78.43 Million | -4.46% |
| Total Change | ILA- | -5.45% |
Book Value vs Market Value Analysis
This analysis compares Veridis Environment 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: 343.05x
- 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 909.05x to 343.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ILA4.08 | ILA3706.00 | x |
| 2020-12-31 | ILA5.66 | ILA3706.00 | x |
| 2021-12-31 | ILA7.39 | ILA3706.00 | x |
| 2022-12-31 | ILA8.41 | ILA3706.00 | x |
| 2023-12-31 | ILA13.67 | ILA3706.00 | x |
| 2024-12-31 | ILA10.80 | ILA3706.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veridis Environment 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): -1.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.68%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 3.17x
- Recent ROE (-1.05%) is below the historical average (14.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 27.77% | 14.52% | 0.61x | 3.14x | ILA76.81 Million |
| 2020 | 41.40% | 28.05% | 0.57x | 2.59x | ILA188.38 Million |
| 2021 | 8.00% | 6.41% | 0.54x | 2.33x | ILA-15.31 Million |
| 2022 | 15.94% | 13.49% | 0.63x | 1.88x | ILA52.97 Million |
| 2023 | -4.38% | -3.21% | 0.45x | 3.03x | ILA-267.17 Million |
| 2024 | -1.05% | -0.68% | 0.49x | 3.17x | ILA-194.16 Million |
Industry Comparison
This section compares Veridis Environment Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $-14,813,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veridis Environment Ltd (VRDS) | ILA2.07 Billion | 27.77% | 1.70x | $13.31 Million |
| Galileo Tech Ltd (GLTC) | $-14.81 Million | 0.00% | 0.00x | $1.41K |