Kardan Israel Ltd

Chart & Performance

D1W1MN

P/E

1,686.26

P/S

84.26

EPS

0.19

Div Yield, %

—

Shrs. gr., 5y

-0.07%

Rev. gr., 5y

8.96%

Revenues

572m

-5.73%

Net income

29m

-21.66%

CFO

40m

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	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	572,211 -5.73%	606,992 -2.18%	620,550 -4.91%
Cost of revenue	463,443	497,479	490,120
Unusual Expense (Income)
NOPBT	108,768	109,513	130,430
NOPBT Margin	19.01%	18.04%	21.02%
Operating Taxes	14,436	16,101	35,580
Tax Rate	13.27%	14.70%	27.28%
NOPAT	94,332	93,412	94,850
Net income	28,592 -21.66%	36,497 -75.88%	151,301 67.61%
Dividends		(5,000)	(5,000)
Dividend yield		1.57%	1.55%
Proceeds from repurchase of equity	(779)	1,915	1,226
BB yield	0.18%	-0.60%	-0.38%
Debt
Debt current	416,462	371,101	227,728
Long-term debt	654,206	688,745	669,081
Deferred revenue
Other long-term liabilities	55,155	75,106	125,462
Net debt	972,679	871,052	714,084
Cash flow
Cash from operating activities	39,704	(112,591)	(171,979)
CAPEX	(6,504)	(1,307)	(14,167)
Cash from investing activities	(87,139)	7,514	(172,842)
Cash from financing activities	(10,286)	133,520	269,583
FCF	73,841	(65,005)	220,897
Balance
Cash	97,989	155,782	127,342
Long term investments		33,012	55,383
Excess cash	69,378	158,444	151,698
Stockholders' equity	833,598	906,844	747,386
Invested Capital	1,910,020	1,795,180	1,644,034
ROIC	5.09%	5.43%	7.52%
ROCE	5.47%	5.61%	7.17%
EV
Common stock shares outstanding	146,778	147,510	148,943
Price	3.01 39.74%	2.15 -0.74%	2.17 -33.07%
Market cap	441,802 39.05%	317,737 -1.69%	323,207 -32.35%
EV	1,724,469	1,600,870	1,431,521
EBITDA	117,280	117,889	137,575
EV/EBITDA	14.70	13.58	10.41
Interest	40,019	36,590	20,449
Interest/NOPBT	36.79%	33.41%	15.68%