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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 2.4x - 2.7x | 2.5x |
Historical Pb Multiple | 2.0x - 5.7x | 2.6x |
Fair Value | ₪31.90 - ₪35.26 | ₪33.58 |
Upside | -40.4% - -34.1% | -37.2% |
Benchmarks | - | Full Ticker |
Cielo-Blu Group Ltd | - | TASE:CILO |
Bait Vegag Real Estate Development Ltd | - | TASE:BVGG |
Rotshtein Realestate Ltd | - | TASE:ROTS |
Lodzia Real Estate Ltd. | - | TASE:LODZ |
Almogim Holdings Ltd | - | TASE:ALMA |
Bonei Hatichon Civil Engineering & Infrastructures Ltd. | - | TASE:BOTI |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
CILO | BVGG | ROTS | LODZ | ALMA | BOTI | |||
TASE:CILO | TASE:BVGG | TASE:ROTS | TASE:LODZ | TASE:ALMA | TASE:BOTI | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 72.1% | NM- | 31.8% | -9.8% | -35.3% | NM- | ||
3Y CAGR | 21.8% | NM- | 12.3% | -45.9% | -67.4% | NM- | ||
Latest Twelve Months | 144.2% | 36.4% | 61.7% | -39.8% | 123.1% | -493.2% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -20.4% | 1.8% | 21.1% | 131.6% | 8.1% | 3.6% | ||
Prior Fiscal Year | -217.2% | -4.8% | 10.5% | 36.0% | 7.5% | 1.3% | ||
Latest Fiscal Year | 142.4% | -2.1% | 12.9% | 17.4% | 0.6% | -1.5% | ||
Latest Twelve Months | 232.4% | -4.0% | 13.2% | 17.4% | 2.3% | -3.0% | ||
Return on Equity | ||||||||
5 Year Average Margin | -11.2% | 0.0% | 31.2% | 7.8% | 18.0% | 13.7% | ||
Prior Fiscal Year | -260.5% | -2.5% | 16.5% | 4.0% | 8.9% | 2.1% | ||
Latest Twelve Months | 286.7% | -2.1% | 19.8% | 2.3% | 3.0% | -6.1% | ||
Next Fiscal Year | #NUM! | #NUM! | 18.5% | 2.0% | 1.1% | -5.8% | ||
Two Fiscal Years Forward | 70.0% | -1.2% | 16.6% | 2.2% | 1.1% | -7.2% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 1.7x | 3.4x | 1.7x | 2.5x | 1.4x | 1.9x | ||
Price / LTM EPS | 0.7x | -84.7x | 12.7x | 14.4x | 61.7x | -64.2x | ||
Price / Book | 1.0x | 1.8x | 2.2x | 0.3x | 1.6x | 4.0x | ||
Price / Fwd Book | 1.0x | 1.8x | 2.1x | 0.3x | 2.0x | 4.2x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 0.3x | 1.6x | 2.2x | |||||
Historical P/B Ratio | 2.0x | 2.6x | 5.7x | |||||
Selected P/B Multiple | 2.4x | 2.5x | 2.7x | |||||
(x) Book Value | 208 | 208 | 208 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | CILO | BVGG | ROTS | LODZ | ALMA | BOTI | |
Value of Common Equity | 314 | 456 | 1,395 | 78 | 484 | 839 | |
(/) Shares Outstanding | 78.4 | 55.2 | 16.9 | 4.1 | 43.2 | 15.7 | |
Implied Stock Price | 4.01 | 8.27 | 82.77 | 19.02 | 11.22 | 53.48 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 4.01 | 8.27 | 82.77 | 19.02 | 11.22 | 53.48 | |
Trading Currency | ILS | ILS | ILS | ILS | ILS | ILS | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |