Z.M.H Hammerman Ltd

TA:ZMH Israel Real Estate - Development
Market Cap
$232.86 Million
ILA86.86 Billion ILA
Market Cap Rank
#33816 Global
#175 in Israel
Share Price
ILA4338.00
Change (1 day)
+0.14%
52-Week Range
ILA3465.00 - ILA4493.00
All Time High
ILA4589.70
About

Z.M.H Hammerman Ltd operates as a construction company in Israel. It engages in the construction and development of residential and commercial, industrial, office, and high-tech building projects, as well as the execution of other projects for companies. The company was incorporated in 1997 and is based in Hadera, Israel.

Z.M.H Hammerman Ltd (ZMH) - Net Assets

Latest net assets as of June 2025: ILA512.62 Million ILA

Based on the latest financial reports, Z.M.H Hammerman Ltd (ZMH) has net assets worth ILA512.62 Million ILA as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ILA1.76 Billion) and total liabilities (ILA1.25 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 ILA512.62 Million
% of Total Assets 29.05%
Annual Growth Rate 19.32%
5-Year Change 70.58%
10-Year Change 284.82%
Growth Volatility 29.11

Z.M.H Hammerman Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Z.M.H Hammerman 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 Z.M.H Hammerman Ltd (2009–2024)

The table below shows the annual net assets of Z.M.H Hammerman Ltd from 2009 to 2024.

Year Net Assets Change
2024-12-31 ILA503.60 Million +5.69%
2023-12-31 ILA476.48 Million +7.02%
2022-12-31 ILA445.22 Million +13.41%
2021-12-31 ILA392.57 Million +32.97%
2020-12-31 ILA295.23 Million +14.96%
2019-12-31 ILA256.82 Million +13.52%
2018-12-31 ILA226.23 Million +21.06%
2017-12-31 ILA186.87 Million +32.75%
2016-12-31 ILA140.77 Million +7.57%
2015-12-31 ILA130.87 Million -5.29%
2014-12-31 ILA138.17 Million +30.60%
2013-12-31 ILA105.79 Million +2.23%
2012-12-31 ILA103.49 Million +0.18%
2011-12-31 ILA103.30 Million +31.25%
2010-12-31 ILA78.71 Million +121.05%
2009-12-31 ILA35.60 Million --

Equity Component Analysis

This analysis shows how different components contribute to Z.M.H Hammerman 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 1777.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ILA397.30 Million 78.89%
Other Components ILA106.30 Million 21.11%
Total Equity ILA503.60 Million 100.00%

Z.M.H Hammerman Ltd Competitors by Market Cap

The table below lists competitors of Z.M.H Hammerman Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Z.M.H Hammerman Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 476,479,000 to 503,604,000, a change of 27,125,000 (5.7%).
  • Net income of 39,988,000 contributed positively to equity growth.
  • Dividend payments of 30,000,000 reduced retained earnings.
  • Other factors increased equity by 17,137,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ILA39.99 Million +7.94%
Dividends Paid ILA30.00 Million -5.96%
Other Changes ILA17.14 Million +3.4%
Total Change ILA- 5.69%

Book Value vs Market Value Analysis

This analysis compares Z.M.H Hammerman 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: 172.47x
  • 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 420.15x to 172.47x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 ILA10.32 ILA4338.00 x
2018-12-31 ILA12.50 ILA4338.00 x
2019-12-31 ILA14.19 ILA4338.00 x
2020-12-31 ILA16.31 ILA4338.00 x
2021-12-31 ILA19.61 ILA4338.00 x
2022-12-31 ILA22.24 ILA4338.00 x
2023-12-31 ILA23.80 ILA4338.00 x
2024-12-31 ILA25.15 ILA4338.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Z.M.H Hammerman 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): 7.94%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.25%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 3.59x
  • Recent ROE (7.94%) is below the historical average (14.51%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 13.23% 2.80% 0.50x 9.44x ILA1.15 Million
2010 30.17% 10.04% 0.53x 5.65x ILA15.88 Million
2011 32.48% 12.94% 0.51x 4.96x ILA23.24 Million
2012 2.40% 1.27% 0.32x 5.88x ILA-7.88 Million
2013 3.85% 2.11% 0.30x 6.08x ILA-6.52 Million
2014 15.42% 10.41% 0.26x 5.69x ILA7.48 Million
2015 0.96% 0.52% 0.26x 7.16x ILA-11.83 Million
2016 9.74% 3.12% 0.40x 7.90x ILA-359.80K
2017 16.75% 5.80% 0.58x 4.94x ILA12.61 Million
2018 20.68% 8.55% 0.56x 4.33x ILA24.17 Million
2019 17.77% 8.29% 0.54x 4.01x ILA19.95 Million
2020 18.89% 17.19% 0.36x 3.06x ILA26.23 Million
2021 17.07% 20.03% 0.23x 3.73x ILA27.75 Million
2022 14.70% 25.85% 0.14x 4.19x ILA20.91 Million
2023 10.08% 18.14% 0.15x 3.64x ILA358.10K
2024 7.94% 10.25% 0.22x 3.59x ILA-10.37 Million

Industry Comparison

This section compares Z.M.H Hammerman Ltd's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $945,865,900
  • Average return on equity (ROE) among peers: 15.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Z.M.H Hammerman Ltd (ZMH) ILA512.62 Million 13.23% 2.44x $2.33 Million
Kvutzat Acro Ltd. (ACRO) $1.27 Billion 4.22% 2.11x $8.59 Million
Africa Israel Residences Ltd (AFRE) $693.46 Million 6.30% 2.76x $10.34 Million
Ashtrom Group Ltd (ASHG) $5.14 Billion 3.30% 3.25x $20.20 Million
Aura Investments Ltd (AURA) $133.25 Million 41.78% 8.11x $16.60 Million
Av Gad Holdings Ltd (AVGD) $26.41 Million 63.52% 2.56x $855.64K
Carasso Real Estate Ltd (CRSR) $772.73 Million 10.18% 2.31x $680.28 Million
GavYam Lands Corp Ltd (GVYM) $818.27 Million 7.05% 1.60x $25.05 Million
Hagag Europe Development ZF Ltd (HGGE) $59.68 Million -9.56% 1.46x $2.27 Million
Hanan Mor (HNMR) $50.54 Million 17.37% 13.35x $40.22K
Hiron-Trade Investments & Industrial Buildings Ltd (HRON) $501.44 Million 6.70% 0.51x $3.16 Million