Bait Vegag Real Estate Development Ltd
Bait Vegag Real Estate Development Ltd engages in the construction evacuation and urban renewal activities in Israel. The company was formerly known as BAIT VEGAG GL LTD and changed its name to Bait Vegag Real Estate Development Ltd in April 2022. The company was incorporated in 2021 and is based in Ramat Gan, Israel.
Bait Vegag Real Estate Development Ltd (BVGG) - Total Assets
Latest total assets as of September 2025: ₪734.89 Million ILS
Based on the latest financial reports, Bait Vegag Real Estate Development Ltd (BVGG) holds total assets worth ₪734.89 Million ILS as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Bait Vegag Real Estate Development Ltd - Total Assets Trend (2019–2024)
This chart illustrates how Bait Vegag Real Estate Development Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Bait Vegag Real Estate Development Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Bait Vegag Real Estate Development Ltd's total assets of ₪734.89 Million consist of 80.8% current assets and 19.2% non-current assets.
| Asset Category | Amount (ILS) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₪0.00 | 8.8% |
| Accounts Receivable | ₪64.92 Million | 15.4% |
| Inventory | ₪179.24 Million | 42.6% |
| Property, Plant & Equipment | ₪0.00 | 0.0% |
| Intangible Assets | ₪0.00 | 0.0% |
| Goodwill | ₪0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Bait Vegag Real Estate Development Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bait Vegag Real Estate Development Ltd's current assets represent 80.8% of total assets in 2024, a decrease from 94.7% in 2019.
- Cash Position: Cash and equivalents constituted 8.8% of total assets in 2024, up from 3.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is inventory at 42.6% of total assets.
Bait Vegag Real Estate Development Ltd Competitors by Total Assets
Key competitors of Bait Vegag Real Estate Development Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Teladan Setia Group Bhd
KLSE:0230
|
Malaysia | RM961.96 Million |
|
Kaufman & Broad S.A
F:3GH
|
Germany | €1.60 Billion |
|
Bellway p.l.c
F:41B
|
Germany | €5.08 Billion |
|
Lagenda Properties Bhd
KLSE:7179
|
Malaysia | RM2.82 Billion |
|
Federal International Holdings Bhd
KLSE:8605
|
Malaysia | RM194.50 Million |
|
AST Groupe
PA:ALAST
|
France | €120.86 Million |
|
Almogim Holdings Ltd
TA:ALMA
|
Israel | ILA1.71 Billion |
|
Uniti SA
PA:ALUNT
|
France | €369.50 Million |
Bait Vegag Real Estate Development Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Bait Vegag Real Estate Development Ltd generates 0.34x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Bait Vegag Real Estate Development Ltd is currently not profitable relative to its asset base.
Bait Vegag Real Estate Development Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.76 | 2.59 | 1.72 |
| Quick Ratio | 0.61 | 1.83 | 1.08 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₪287.77 Million | ₪ 123.71 Million | ₪ 139.94 Million |
Bait Vegag Real Estate Development Ltd - Advanced Valuation Insights
This section examines the relationship between Bait Vegag Real Estate Development Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.59 |
| Latest Market Cap to Assets Ratio | 0.26 |
| Asset Growth Rate (YoY) | 14.4% |
| Total Assets | ₪421.11 Million |
| Market Capitalization | $107.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values Bait Vegag Real Estate Development Ltd's assets below their book value (0.26 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Bait Vegag Real Estate Development Ltd's assets grew by 14.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Bait Vegag Real Estate Development Ltd (2019–2024)
The table below shows the annual total assets of Bait Vegag Real Estate Development Ltd from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₪421.11 Million | +14.36% |
| 2023-12-31 | ₪368.23 Million | -12.59% |
| 2022-12-31 | ₪421.28 Million | +20.02% |
| 2021-12-31 | ₪351.02 Million | +8.41% |
| 2020-12-31 | ₪323.78 Million | +11.80% |
| 2019-12-31 | ₪289.62 Million | -- |