XTAECRSR
Market cap598mUSD
Dec 24, Last price
4,039.00ILS
1D
-0.20%
1Q
44.20%
IPO
10.81%
Name
Carasso Real Estate Ltd
Chart & Performance
P/E
12,607.85
P/S
479.17
EPS
0.32
Div Yield, %
0.01%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
457m
-39.01%
Net income
17m
-84.11%
CFO
-351m
L
Dividend
Apr 10, 202337.08413 ILS/sh
Profile
Carasso Real Estate Ltd. develops, plans, invest in, and constructs real estate projects in Israel. Its project portfolio includes commercial towers, industrial facilities, shopping centers, residential properties, automotive centers, and logistics complexes in Petach Tikva, Rishon Lezion, Beersheva, and Rehovoth regions. The company was incorporated in 1967 and is based in Tel Aviv, Israel. Carasso Real Estate Ltd. is a subsidiary of The Carasso Group.
Valuation
Title ILS in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | |||||
Revenues | 456,507 -39.01% | 748,503 6.20% | 704,799 80.65% | ||
Cost of revenue | 337,121 | 528,677 | 508,709 | ||
Unusual Expense (Income) | |||||
NOPBT | 119,386 | 219,826 | 196,090 | ||
NOPBT Margin | 26.15% | 29.37% | 27.82% | ||
Operating Taxes | (1,322) | 24,490 | 33,435 | ||
Tax Rate | 11.14% | 17.05% | |||
NOPAT | 120,708 | 195,336 | 162,655 | ||
Net income | 17,350 -84.11% | 109,205 38.89% | 78,628 -7,164.51% | ||
Dividends | (20,000) | (35,610) | |||
Dividend yield | 1.42% | 1.94% | |||
Proceeds from repurchase of equity | 35,610 | ||||
BB yield | -1.94% | ||||
| Debt | |||||
Debt current | 328,237 | 316,123 | 206,837 | ||
Long-term debt | 1,415,585 | 987,257 | 973,041 | ||
Deferred revenue | |||||
Other long-term liabilities | 138 | 330 | |||
Net debt | 1,588,124 | 1,081,279 | 1,116,775 | ||
| Cash flow | |||||
Cash from operating activities | (351,393) | 58,433 | 177,937 | ||
CAPEX | (5,919) | (2,100) | (2,143) | ||
Cash from investing activities | (134,904) | (127,318) | (49,216) | ||
Cash from financing activities | 419,894 | 227,883 | (121,046) | ||
FCF | (288,995) | 219,121 | 319,734 | ||
| Balance | |||||
Cash | 155,698 | 222,101 | 63,103 | ||
Long term investments | |||||
Excess cash | 132,873 | 184,676 | 27,863 | ||
Stockholders' equity | 319,357 | 1,279,161 | 769,406 | ||
Invested Capital | 2,897,367 | 2,396,299 | 1,921,913 | ||
ROIC | 4.56% | 9.05% | 8.44% | ||
ROCE | 3.77% | 8.09% | 9.49% | ||
| EV | |||||
Common stock shares outstanding | 54,159 | 54,159 | 40,433 | ||
Price | 26.05 -22.97% | 33.82 | |||
Market cap | 1,410,842 -22.97% | 1,831,657 | |||
EV | 3,002,963 | 2,917,126 | |||
EBITDA | 122,118 | 221,897 | 197,867 | ||
EV/EBITDA | 24.59 | 13.15 | |||
Interest | 73,468 | 63,495 | 46,586 | ||
Interest/NOPBT | 61.54% | 28.88% | 23.76% | ||