Financials AFI Properties Ltd.

Equities

AFPR

IL0010913544

Real Estate Development & Operations

Market Closed - TEL AVIV STOCK EXCHANGE 10:24:02 2024-05-02 am EDT 5-day change 1st Jan Change
15,120 ILa 0.00% Intraday chart for AFI Properties Ltd. -0.98% -7.75%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,383 4,089 4,738 7,439 3,930 6,231
Enterprise Value (EV) 1 7,024 8,847 11,411 15,338 12,886 16,843
P/E ratio 7 x 10.7 x 236 x 9.48 x 6.73 x 29.5 x
Yield - - - 0.67% - -
Capitalization / Revenue 2.83 x 4.65 x 5 x 6.48 x 3.38 x 4.54 x
EV / Revenue 8.35 x 10.1 x 12 x 13.4 x 11.1 x 12.3 x
EV / EBITDA 15.8 x 26.4 x 29.5 x 30.6 x 6.8 x 26.4 x
EV / FCF 65.4 x 127 x 109 x -161 x 10.4 x 3,308 x
FCF Yield 1.53% 0.79% 0.92% -0.62% 9.64% 0.03%
Price to Book 0.7 x 1.19 x 1.11 x 1.67 x 0.67 x 0.95 x
Nbr of stocks (in thousands) 28,494 28,494 36,033 36,111 37,784 38,016
Reference price 2 83.62 143.5 131.5 206.0 104.0 163.9
Announcement Date 3/19/19 3/18/20 3/16/21 3/21/22 3/14/23 3/19/24
1ILS in Million2ILS
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 841 879.3 947.6 1,148 1,161 1,372
EBITDA 1 445 334.5 386.5 501.6 1,896 638.3
EBIT 1 443.5 324.2 380.7 497.4 1,892 633.8
Operating Margin 52.74% 36.87% 40.18% 43.34% 162.91% 46.18%
Earnings before Tax (EBT) 1 577 544.8 50.41 932 740.3 266.6
Net income 1 340.4 387.2 19.09 787.3 585.5 211.4
Net margin 40.48% 44.03% 2.01% 68.6% 50.42% 15.4%
EPS 2 11.95 13.44 0.5567 21.73 15.46 5.559
Free Cash Flow 1 107.4 69.58 105.2 -95.28 1,242 5.091
FCF margin 12.77% 7.91% 11.1% -8.3% 106.97% 0.37%
FCF Conversion (EBITDA) 24.14% 20.8% 27.21% - 65.52% 0.8%
FCF Conversion (Net income) 31.56% 17.97% 550.88% - 212.18% 2.41%
Dividend per Share - - - 1.385 - -
Announcement Date 3/19/19 3/18/20 3/16/21 3/21/22 3/14/23 3/19/24
1ILS in Million2ILS
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 4,642 4,758 6,672 7,899 8,957 10,612
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.43 x 14.22 x 17.26 x 15.75 x 4.724 x 16.62 x
Free Cash Flow 1 107 69.6 105 -95.3 1,242 5.09
ROE (net income / shareholders' equity) 10.4% 11.4% 0.44% 18% 11.3% 3.4%
ROA (Net income/ Total Assets) 2.92% 1.9% 1.99% 2.32% 7.52% 2.14%
Assets 1 11,677 20,364 961.7 33,972 7,791 9,882
Book Value Per Share 2 120.0 120.0 118.0 124.0 156.0 173.0
Cash Flow per Share 2 16.20 24.80 13.10 15.40 23.80 13.90
Capex 1 1.75 6.09 3.48 1.81 3.51 9.04
Capex / Sales 0.21% 0.69% 0.37% 0.16% 0.3% 0.66%
Announcement Date 3/19/19 3/18/20 3/16/21 3/21/22 3/14/23 3/19/24
1ILS in Million2ILS
Estimates
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