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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 2.6x - 2.9x | 2.8x |
Historical Pb Multiple | 1.4x - 2.8x | 2.1x |
Fair Value | ₪36.91 - ₪40.80 | ₪38.86 |
Upside | -6.8% - 3.0% | -1.9% |
Benchmarks | - | Full Ticker |
Rami Levi Chain Stores Hashikma Marketing 2006 Ltd | - | TASE:RMLI |
M.Yochananof and Sons (1988) Ltd | - | TASE:YHNF |
Diplomat Holdings Ltd | - | TASE:DIPL |
Bikurey Hasade (Holdings) Ltd | - | TASE:BKRY |
Victory Supermarket Chain Ltd | - | TASE:VCTR |
Shufersal Ltd | - | TASE:SAE |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
RMLI | YHNF | DIPL | BKRY | VCTR | SAE | |||
TASE:RMLI | TASE:YHNF | TASE:DIPL | TASE:BKRY | TASE:VCTR | TASE:SAE | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 16.4% | 22.2% | 16.4% | 13.3% | 6.9% | 19.6% | ||
3Y CAGR | 5.7% | 0.0% | 8.9% | 9.0% | -7.2% | 18.7% | ||
Latest Twelve Months | -0.6% | 39.0% | 110.4% | 33.4% | 44.7% | 116.4% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 3.0% | 4.3% | 2.9% | 3.4% | 2.0% | 2.3% | ||
Prior Fiscal Year | 2.8% | 3.4% | 2.2% | 2.2% | 1.6% | 2.1% | ||
Latest Fiscal Year | 3.3% | 4.6% | 3.1% | 2.7% | 1.9% | 4.2% | ||
Latest Twelve Months | 3.1% | 4.4% | 3.4% | 2.8% | 2.1% | 4.7% | ||
Return on Equity | ||||||||
5 Year Average Margin | 36.1% | 14.5% | 13.2% | 21.5% | 13.8% | 12.0% | ||
Prior Fiscal Year | 36.1% | 10.2% | 9.2% | 11.8% | 10.3% | 9.4% | ||
Latest Twelve Months | 42.9% | 14.7% | 15.1% | 15.5% | 13.9% | 20.4% | ||
Next Fiscal Year | 43.0% | 9.9% | 13.1% | 23.6% | 12.3% | 11.6% | ||
Two Fiscal Years Forward | 43.8% | 10.2% | 12.8% | 24.0% | 12.1% | 11.2% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 0.6x | 0.9x | 0.4x | 0.3x | 0.3x | 0.7x | ||
Price / LTM EPS | 17.8x | 20.7x | 11.5x | 9.2x | 12.2x | 14.6x | ||
Price / Book | 7.7x | 2.9x | 1.7x | 1.4x | 1.7x | 2.8x | ||
Price / Fwd Book | 7.7x | 2.8x | 1.6x | 1.1x | 1.6x | 2.5x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 1.4x | 1.7x | 7.7x | |||||
Historical P/B Ratio | 1.4x | 2.1x | 2.8x | |||||
Selected P/B Multiple | 2.6x | 2.8x | 2.9x | |||||
(x) Book Value | 3,733 | 3,733 | 3,733 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | RMLI | YHNF | DIPL | BKRY | VCTR | SAE | |
Value of Common Equity | 4,156 | 4,201 | 1,393 | 547 | 662 | 10,562 | |
(/) Shares Outstanding | 13.8 | 14.5 | 27.5 | 149.7 | 14.0 | 266.6 | |
Implied Stock Price | 301.70 | 290.00 | 50.63 | 3.65 | 47.14 | 39.62 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 301.70 | 290.00 | 50.63 | 3.65 | 47.14 | 39.62 | |
Trading Currency | ILS | ILS | ILS | ILS | ILS | ILS | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |