Kardan Israel Ltd

Chart & Performance

D1W1MN

P/E

1,245.54

P/S

74.89

EPS

0.25

Div Yield, %

0.01%

Shrs. gr., 5y

0.03%

Rev. gr., 5y

5.92%

Revenues

607m

-2.18%

Net income

36m

-75.88%

CFO

-113m

L-34.53%

Dividend

Apr 13, 20233.3939 ILS/sh

Profile

Kardan Israel Ltd., through its subsidiaries, engages in the real estate business in Israel and the United States. It locates, initiates, and develops residential buildings in Israel for sale; demolishes and rebuilds properties for urban renewal; develops, sells, and rents office buildings and commercial areas; and invests in real estate properties. The company also provides contractor services for building residential, commercial, and public properties. In addition, it is involved in the development of logistics real estate, such as server farms, commerce, offices, cold store. The company was incorporated in 1982 and is based in Tel Aviv-Yafo, Israel.

URL

IPO date

Jul 11, 2018

Employees

108

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	606,992 -2.18%	620,550 -4.91%	652,587 37.65%
Cost of revenue	497,479	490,120	525,128
Unusual Expense (Income)
NOPBT	109,513	130,430	127,459
NOPBT Margin	18.04%	21.02%	19.53%
Operating Taxes	16,101	35,580	14,911
Tax Rate	14.70%	27.28%	11.70%
NOPAT	93,412	94,850	112,548
Net income	36,497 -75.88%	151,301 67.61%	90,272 182.73%
Dividends	(5,000)	(5,000)	(5,000)
Dividend yield	1.57%	1.55%	1.05%
Proceeds from repurchase of equity	1,915	1,226
BB yield	-0.60%	-0.38%
Debt
Debt current	371,101	227,728	81,430
Long-term debt	688,745	669,081	436,528
Deferred revenue
Other long-term liabilities	75,106	125,462	2,213
Net debt	871,052	714,084	206,261
Cash flow
Cash from operating activities	(112,591)	(171,979)	95,711
CAPEX	(1,307)	(14,167)	(7,199)
Cash from investing activities	7,514	(172,842)	(255,968)
Cash from financing activities	133,520	269,583	131,024
FCF	(65,005)	220,897	(24,414)
Balance
Cash	155,782	127,342	202,306
Long term investments	33,012	55,383	109,391
Excess cash	158,444	151,698	279,068
Stockholders' equity	906,844	747,386	609,836
Invested Capital	1,795,180	1,644,034	879,648
ROIC	5.43%	7.52%	15.31%
ROCE	5.61%	7.17%	10.90%
EV
Common stock shares outstanding	147,510	148,943	147,372
Price	2.15 -0.74%	2.17 -33.07%	3.24 56.47%
Market cap	317,737 -1.69%	323,207 -32.35%	477,779 51.26%
EV	1,600,870	1,431,521	1,041,255
EBITDA	117,889	137,575	132,339
EV/EBITDA	13.58	10.41	7.87
Interest	36,590	20,449	14,983
Interest/NOPBT	33.41%	15.68%	11.76%