Veridis Environment Ltd (VRDS) - Net Assets
Based on the latest financial reports, Veridis Environment Ltd (VRDS) has net assets worth ILA2.07 Billion ILA (≈ $5.56 Million USD) 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 ≈ $15.00 Million USD) and total liabilities (ILA3.52 Billion ≈ $9.44 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. Read Veridis Environment Ltd (VRDS) total liabilities for a breakdown of total debt and financial obligations.
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. Also explore how large is Veridis Environment Ltd's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Veridis Environment Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ILA1.85 Billion ≈ $4.96 Million |
-0.47% |
| 2023-12-31 | ILA1.86 Billion ≈ $4.98 Million |
+108.38% |
| 2022-12-31 | ILA891.72 Million ≈ $2.39 Million |
+16.62% |
| 2021-12-31 | ILA764.65 Million ≈ $2.05 Million |
+27.45% |
| 2020-12-31 | ILA599.95 Million ≈ $1.61 Million |
+38.83% |
| 2019-12-31 | ILA432.14 Million ≈ $1.16 Million |
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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 |
|---|---|
|
Chongqing Three Gorges Water Conservancy and Electric Power Co Ltd
SHG:600116
|
$1.89 Billion |
|
Tianrun Crankshaft Co Ltd
SHE:002283
|
$1.89 Billion |
|
Guobang Pharma Ltd
SHG:605507
|
$1.89 Billion |
|
China Sports Industry Group Co Ltd
SHG:600158
|
$1.89 Billion |
|
Cury Construtora e Incorporadora S.A
SA:CURY3
|
$1.89 Billion |
|
Galapagos NV ADR
NASDAQ:GLPG
|
$1.89 Billion |
|
Bros Eastern Co Ltd
SHG:601339
|
$1.89 Billion |
|
Diamondrock Hospitality Company Common Stock
NYSE:DRH
|
$1.89 Billion |
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: 449.59x
- 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 1191.38x to 449.59x 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 | ILA4857.00 | x |
| 2020-12-31 | ILA5.66 | ILA4857.00 | x |
| 2021-12-31 | ILA7.39 | ILA4857.00 | x |
| 2022-12-31 | ILA8.41 | ILA4857.00 | x |
| 2023-12-31 | ILA13.67 | ILA4857.00 | x |
| 2024-12-31 | ILA10.80 | ILA4857.00 | 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: $16,589,000
- Average return on equity (ROE) among peers: -19.34%
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 | $1.89 Billion |
| Galileo Tech Ltd (GLTC) | $16.59 Million | -19.34% | 0.21x | $526.20K |
About 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