XTAERMON
Market cap431mUSD
Dec 24, Last price
4,422.00ILS
1D
-0.23%
1Q
30.21%
IPO
24.04%
Name
Rimon Consulting & Management Services Ltd
Chart & Performance
Profile
Rimon Consulting & Management Services Ltd. engages in the water, energy, and natural gas infrastructure businesses in Israel. It owns, develops, and operates a portfolio of projects, including water plants, wastewater and reuse plants, brine treatment and discharge facilities, desalination plants, underground water drillings, reservoirs, pumping stations, and other infrastructure works; provides contractor services for the water infrastructure projects; and provides water and wastewater solutions for clients, including municipalities, agriculture and industry sectors, public utilities, and others. The company also owns and develops, and provides EPC (engineering, procurement, and construction) and O&M (operations and maintenance) contractor services for energy and renewable energy projects, including solar PV, biogas, and industrial cogeneration power plants; distributes and supplies approximately 100,000 MWh of electricity; and provides grid management services to 12,000 consumers, as well as distributes natural gas for consumers, including large-scale clients, such as factories, public institutions, and others. Further, it provides contractor services for water infrastructure works and natural gas pipes laying, as well as for infrastructure works, including pumping stations, reservoirs, civil works, construction waste recycling, and others; and horizontal directional drilling and pipe jacking services for water and natural gas infrastructure projects. The company's natural gas driven cogeneration power plants supply electricity and heat to its clients under BOT agreements. Rimon Consulting & Management Services Ltd. was founded in 1997 and is based in Caesarea, Israel.
Valuation
Title ILS in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
Income | ||||||
Revenues | 748,934 62.49% | 460,925 57.92% | 291,871 14.42% | |||
Cost of revenue | 648,103 | 383,498 | 263,983 | |||
Unusual Expense (Income) | ||||||
NOPBT | 100,831 | 77,427 | 27,888 | |||
NOPBT Margin | 13.46% | 16.80% | 9.55% | |||
Operating Taxes | 14,041 | 13,829 | 3,061 | |||
Tax Rate | 13.93% | 17.86% | 10.98% | |||
NOPAT | 86,790 | 63,598 | 24,827 | |||
Net income | 63,878 23.40% | 51,765 75.59% | 29,480 16.28% | |||
Dividends | (25,500) | (15,000) | (18,000) | |||
Dividend yield | 1.98% | 1.36% | 1.47% | |||
Proceeds from repurchase of equity | (5,355) | 21,900 | 243,755 | |||
BB yield | 0.42% | -1.99% | -19.85% | |||
Debt | ||||||
Debt current | 211,856 | 164,773 | 142,476 | |||
Long-term debt | 150,653 | 102,309 | 89,671 | |||
Deferred revenue | 475 | 698 | ||||
Other long-term liabilities | 59,041 | 7,500 | 7,500 | |||
Net debt | 50,549 | (148,240) | (202,889) | |||
Cash flow | ||||||
Cash from operating activities | 64,938 | 26,744 | 44,100 | |||
CAPEX | (38,997) | (33,234) | (19,380) | |||
Cash from investing activities | (185,762) | (60,315) | (57,367) | |||
Cash from financing activities | (7,893) | (2,103) | 249,084 | |||
FCF | (175,076) | (18,704) | (11,605) | |||
Balance | ||||||
Cash | 139,301 | 268,086 | 299,380 | |||
Long term investments | 172,659 | 147,236 | 135,656 | |||
Excess cash | 274,513 | 392,276 | 420,442 | |||
Stockholders' equity | 198,079 | 170,986 | 122,882 | |||
Invested Capital | 691,862 | 569,380 | 547,155 | |||
ROIC | 13.76% | 11.39% | 5.98% | |||
ROCE | 11.29% | 10.40% | 4.15% | |||
EV | ||||||
Common stock shares outstanding | 36,091 | 36,086 | 32,060 | |||
Price | 35.75 16.94% | 30.57 -20.18% | 38.30 | |||
Market cap | 1,290,253 16.96% | 1,103,149 -10.16% | 1,227,898 | |||
EV | 1,343,029 | 956,204 | 1,028,101 | |||
EBITDA | 135,319 | 100,453 | 42,414 | |||
EV/EBITDA | 9.92 | 9.52 | 24.24 | |||
Interest | 15,987 | 9,755 | 5,565 | |||
Interest/NOPBT | 15.86% | 12.60% | 19.95% |