Afcon Holdings Ltd

Chart & Performance

D1W1MN

P/E

—

P/S

44.16

EPS

—

Div Yield, %

0.00%

Shrs. gr., 5y

1.43%

Rev. gr., 5y

6.30%

Revenues

2.15b

+2.92%

Net income

-9m

L-84.09%

CFO

72m

Dividend

May 15, 2022493.9684 ILS/sh

Earnings

Mar 11, 2025

Profile

Afcon Holdings Ltd engages in the buildings and infrastructure, control and automation, trade, and communication solutions businesses in Israel and internationally. It provides solutions and technologies in the areas of multi-system infrastructure projects, including construction contracting and finishing works; installation of electromechanical systems and electrical systems for industry; manufacture and installation of HV/MV/LV switchgear products for buildings, industry, and infrastructure; natural gas engineering; and the construction and setup of wind farms, photovoltaic fields, and infrastructure facilities. The company also offers control and automation solutions, such as industrial control, building monitoring and management, security solutions, fire protection and safety, parking systems, and remote water metering solutions. In addition, it engages in the design, development, manufacture, marketing, installation, distribution, servicing, and maintenance of unified communications and collaboration systems, including digital IP-based switchboards, communication servers for enterprises, contact/call centers, interfaces for exchanges and smartphones, and business data networks. Further, the company distributes switching and electrical hardware, equipment control and instrumentation, and electronic equipment and packaging solutions. Additionally, it provides cyber and network security, network management, cloud services, and maintenance contracts; and customer engagement solutions. The company serves energy, ports and airports, transportation systems, fuel, gas and water, telecommunications, industry, and defense sectors; and public institutions and organizations, and municipal and government bodies. The company was formerly known as Afcon Industries Group. The company was founded in 1945 and is based in Petah Tikva, Israel. Afcon Holdings Ltd operates as a subsidiary of Shlomo Group.

URL

http://www.afcon.co.il/

IPO date

Sep 14, 1982

Employees

1,277

Domiciled in

Incorporated in

Valuation

Order:

Title ILS in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title ILS in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	2,154,709 2.92%	2,093,575 -0.90%	2,112,525 21.84%
Cost of revenue	2,141,600	1,991,103	1,921,614
Unusual Expense (Income)
NOPBT	13,109	102,472	190,911
NOPBT Margin	0.61%	4.89%	9.04%
Operating Taxes	8,497	9,373	39,247
Tax Rate	64.82%	9.15%	20.56%
NOPAT	4,612	93,099	151,664
Net income	(8,563) -84.09%	(53,824) -145.07%	119,410 783.86%
Dividends		(50,000)	(48,000)
Dividend yield		6.63%	4.54%
Proceeds from repurchase of equity		(10,000)
BB yield		1.33%
Debt
Debt current	241,539	223,112	68,297
Long-term debt	480,365	476,319	550,550
Deferred revenue		8,323	5,803
Other long-term liabilities	28,274	8,808	13,415
Net debt	387,499	375,989	49,978
Cash flow
Cash from operating activities	72,270	(130,031)	159,590
CAPEX	(10,433)	(16,697)	(24,319)
Cash from investing activities	(38,870)	(77,885)	90,273
Cash from financing activities	(71,372)	(43,788)	(187,405)
FCF	(14,721)	(116,273)	294,698
Balance
Cash	197,935	255,933	508,276
Long term investments	136,470	67,509	60,593
Excess cash	226,670	218,763	463,243
Stockholders' equity	352,828	360,408	431,626
Invested Capital	953,990	931,271	721,640
ROIC	0.49%	11.26%	19.59%
ROCE	1.11%	8.82%	16.47%
EV
Common stock shares outstanding	5,067	5,150	5,058
Price	95.50 -34.77%	146.40 -29.92%	208.90 67.39%
Market cap	483,885 -35.82%	753,960 -28.64%	1,056,616 64.53%
EV	895,766	1,166,120	1,134,420
EBITDA	68,875	149,795	241,162
EV/EBITDA	13.01	7.78	4.70
Interest	40,231	39,342	30,238
Interest/NOPBT	306.90%	38.39%	15.84%