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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 1.0x - 1.1x | 1.1x |
Historical Pb Multiple | 0.5x - 1.7x | 0.9x |
Fair Value | ₪16 - ₪17.69 | ₪16.84 |
Upside | 10.7% - 22.3% | 16.5% |
Benchmarks | - | Full Ticker |
Veridis Environment Ltd | - | TASE:VRDS |
Aran Research & Development (1982) Ltd. | - | TASE:ARAN |
Utron Ltd | - | TASE:UTRN |
Avrot Industries Ltd | - | TASE:AVRT |
G1 Secure Solutions Ltd | - | TASE:GOSS |
Shagrir Group Vehicle Services Ltd | - | TASE:SHGR |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
VRDS | ARAN | UTRN | AVRT | GOSS | SHGR | |||
TASE:VRDS | TASE:ARAN | TASE:UTRN | TASE:AVRT | TASE:GOSS | TASE:SHGR | |||
Historical Net Income Growth | ||||||||
5Y CAGR | NM- | 23.9% | NM- | NM- | -14.5% | -6.2% | ||
3Y CAGR | NM- | -13.1% | -47.5% | NM- | -6.4% | NM- | ||
Latest Twelve Months | 77.3% | -9.1% | -84.7% | 84.2% | -34.1% | 65.0% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 8.2% | 7.4% | -17.0% | -4.5% | 3.8% | 2.0% | ||
Prior Fiscal Year | -3.2% | 4.4% | 1.0% | 1.0% | 3.6% | 2.6% | ||
Latest Fiscal Year | -0.7% | 3.1% | 0.2% | 2.0% | 2.1% | 3.8% | ||
Latest Twelve Months | -0.7% | 3.1% | 0.2% | 2.0% | 2.1% | 3.8% | ||
Return on Equity | ||||||||
5 Year Average Margin | 11.2% | 13.1% | -15.9% | -9.2% | 24.9% | 6.7% | ||
Prior Fiscal Year | -5.9% | 8.2% | 1.8% | 1.4% | 24.4% | 5.9% | ||
Latest Twelve Months | -1.0% | 6.8% | 0.3% | 2.6% | 15.2% | 8.9% | ||
Next Fiscal Year | -1.1% | 12.9% | 0.3% | 1.9% | 15.3% | 7.5% | ||
Two Fiscal Years Forward | -1.1% | 16.6% | 0.3% | 1.8% | 14.9% | 7.2% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 1.2x | 0.4x | 1.3x | 1.1x | 0.4x | 0.4x | ||
Price / LTM EPS | -180.7x | 13.6x | 746.8x | 54.3x | 20.0x | 10.8x | ||
Price / Book | 1.8x | 0.9x | 2.0x | 1.4x | 2.9x | 0.9x | ||
Price / Fwd Book | 1.8x | 0.8x | 2.0x | 1.4x | 2.8x | 0.8x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 0.9x | 1.8x | 2.9x | |||||
Historical P/B Ratio | 0.5x | 0.9x | 1.7x | |||||
Selected P/B Multiple | 1.0x | 1.1x | 1.1x | |||||
(x) Book Value | 165 | 165 | 165 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | VRDS | ARAN | UTRN | AVRT | GOSS | SHGR | |
Value of Common Equity | 3,339 | 93 | 118 | 149 | 411 | 150 | |
(/) Shares Outstanding | 145.2 | 4.9 | 20.6 | 350.2 | 80.3 | 10.4 | |
Implied Stock Price | 23.00 | 19.00 | 5.74 | 0.43 | 5.12 | 14.46 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 23.00 | 19.00 | 5.74 | 0.43 | 5.12 | 14.46 | |
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 |