AFRICA ISRAEL RESIDENCES LTD |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 23,000 ILa | +0.48% |
|
-6.24% | +20.10% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 671.1 | 1,208 | 1,653 | 2,525 | 1,966 | 2,421 |
| Enterprise Value (EV) 1 | 2,351 | 2,967 | 3,586 | 4,399 | 3,284 | 3,378 |
| P/E ratio | 7.78 x | 11.1 x | 16.1 x | 11.5 x | 9.76 x | - |
| Yield | 7.44% | 4.13% | 3.63% | 2.38% | 3.66% | - |
| Capitalization / Revenue | 0.66 x | 0.93 x | 1.23 x | 2.27 x | 2.04 x | 3.97 x |
| EV / Revenue | 2.31 x | 2.28 x | 2.67 x | 3.95 x | 3.41 x | 5.54 x |
| EV / EBITDA | 18.2 x | 19.5 x | 25.3 x | 32 x | 19.8 x | 30.7 x |
| EV / FCF | 10.3 x | -16.1 x | 26.4 x | -18.6 x | 9.19 x | 5.74 x |
| FCF Yield | 9.73% | -6.22% | 3.79% | -5.38% | 10.9% | 17.4% |
| Price to Book | 0.67 x | 1.13 x | 1.48 x | 2.03 x | 1.44 x | - |
| Nbr of stocks (in thousands) | 12,644 | 12,644 | 12,644 | 12,644 | 12,644 | 12,644 |
| Reference price 2 | 53.08 | 95.53 | 130.7 | 199.7 | 155.5 | 191.5 |
| Announcement Date | 3/17/19 | 3/16/20 | 3/17/21 | 3/13/22 | 3/19/23 | 5/16/24 |
1ILS in Million2ILS
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,019 | 1,303 | 1,343 | 1,114 | 962.5 | 609.8 |
| EBITDA 1 | 129.4 | 152.5 | 141.6 | 137.4 | 165.9 | 109.9 |
| EBIT 1 | 123.4 | 147.3 | 137.9 | 130.2 | 164 | 108.8 |
| Operating Margin | 12.11% | 11.31% | 10.26% | 11.69% | 17.04% | 17.85% |
| Earnings before Tax (EBT) 1 | 110.5 | 139.4 | 131.6 | 272.1 | 245.4 | 198.1 |
| Net income 1 | 86.26 | 109 | 102.6 | 219.8 | 201.5 | 171.5 |
| Net margin | 8.46% | 8.37% | 7.64% | 19.72% | 20.93% | 28.12% |
| EPS 2 | 6.823 | 8.622 | 8.112 | 17.38 | 15.94 | - |
| Free Cash Flow 1 | 228.8 | -184.4 | 135.8 | -236.6 | 357.3 | 588.4 |
| FCF margin | 22.44% | -14.15% | 10.11% | -21.24% | 37.12% | 96.49% |
| FCF Conversion (EBITDA) | 176.75% | - | 95.89% | - | 215.38% | 535.4% |
| FCF Conversion (Net income) | 265.21% | - | 132.43% | - | 177.3% | 343.14% |
| Dividend per Share 2 | 3.950 | 3.950 | 4.746 | 4.746 | 5.694 | - |
| Announcement Date | 3/17/19 | 3/16/20 | 3/17/21 | 3/13/22 | 3/19/23 | 5/16/24 |
1ILS in Million2ILS
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 1,680 | 1,759 | 1,934 | 1,874 | 1,318 | 957 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 12.98 x | 11.53 x | 13.65 x | 13.64 x | 7.948 x | 8.708 x |
| Free Cash Flow 1 | 229 | -184 | 136 | -237 | 357 | 588 |
| ROE (net income / shareholders' equity) | 8.66% | 10.5% | 9.41% | 18.6% | 15.4% | 12.1% |
| ROA (Net income/ Total Assets) | 2.1% | 2.49% | 2.3% | 2.06% | 2.53% | 1.87% |
| Assets 1 | 4,102 | 4,372 | 4,455 | 10,689 | 7,962 | 9,168 |
| Book Value Per Share 2 | 79.50 | 84.20 | 88.30 | 98.60 | 108.0 | - |
| Cash Flow per Share 2 | 13.60 | 6.640 | 8.180 | 13.50 | 9.400 | - |
| Capex 1 | 1.94 | 0.74 | 1.11 | 1.72 | 0.94 | 1.12 |
| Capex / Sales | 0.19% | 0.06% | 0.08% | 0.15% | 0.1% | 0.18% |
| Announcement Date | 3/17/19 | 3/16/20 | 3/17/21 | 3/13/22 | 3/19/23 | 5/16/24 |
1ILS in Million2ILS
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +20.10% | 780M | |
| -0.25% | 3.19B | |
| +10.42% | 1.43B | |
| +6.11% | 1.07B | |
| +33.65% | 1.01B | |
| +13.11% | 870M | |
| +5.65% | 711M | |
| +15.00% | 710M | |
| +1.12% | 645M | |
| +34.66% | 542M |
- Stock Market
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- Financials Africa Israel Residences Ltd
