ARAD LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5,003 ILa | +0.89% |
|
+4.42% | -10.26% |
| Mar. 21 | Arad Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Mar. 11 | Globalworth Real Estate sells logistics portfolio for EUR70 million | AN |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 261.1 | 434.1 | 377.9 | 393.4 | 309.6 | 1,379 |
| Enterprise Value (EV) 1 | 287 | 479.7 | 414 | 414.2 | 370.6 | 1,456 |
| P/E ratio | 14.1 x | 21.4 x | 24.1 x | 19.6 x | 17.8 x | 14.1 x |
| Yield | 3.06% | 0.69% | 1.59% | 2.56% | 3.56% | 3.01% |
| Capitalization / Revenue | 1.28 x | 1.64 x | 1.51 x | 1.4 x | 0.96 x | 3.82 x |
| EV / Revenue | 1.41 x | 1.82 x | 1.65 x | 1.47 x | 1.14 x | 4.03 x |
| EV / EBITDA | 10.1 x | 13.7 x | 14.2 x | 13 x | 9.72 x | 35.4 x |
| EV / FCF | -21.6 x | 241 x | 27.2 x | 11.8 x | -19.4 x | -339 x |
| FCF Yield | -4.62% | 0.41% | 3.68% | 8.49% | -5.17% | -0.3% |
| Price to Book | 2.43 x | 3.66 x | 2.9 x | 2.9 x | 2.23 x | 2.44 x |
| Nbr of stocks (in thousands) | 24,731 | 24,731 | 24,731 | 24,731 | 24,731 | 24,731 |
| Reference price 2 | 10.56 | 17.55 | 15.28 | 15.91 | 12.52 | 15.44 |
| Announcement Date | 3/25/19 | 3/25/20 | 3/22/21 | 3/21/22 | 3/20/23 | 3/21/24 |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 204.1 | 264 | 250.2 | 281.3 | 324.1 | 361.2 |
| EBITDA 1 | 28.44 | 35.13 | 29.2 | 31.82 | 38.14 | 41.1 |
| EBIT 1 | 22.74 | 27.88 | 22.33 | 24.67 | 30.85 | 32.94 |
| Operating Margin | 11.14% | 10.56% | 8.92% | 8.77% | 9.52% | 9.12% |
| Earnings before Tax (EBT) 1 | 21.29 | 24 | 18.14 | 23.67 | 29.03 | 31.49 |
| Net income 1 | 18.52 | 20.32 | 15.66 | 20.05 | 17.42 | 27.02 |
| Net margin | 9.07% | 7.7% | 6.26% | 7.13% | 5.37% | 7.48% |
| EPS 2 | 0.7487 | 0.8217 | 0.6330 | 0.8106 | 0.7040 | 1.093 |
| Free Cash Flow 1 | -13.26 | 1.988 | 15.22 | 35.16 | -19.14 | -4.298 |
| FCF margin | -6.5% | 0.75% | 6.08% | 12.5% | -5.91% | -1.19% |
| FCF Conversion (EBITDA) | - | 5.66% | 52.11% | 110.51% | - | - |
| FCF Conversion (Net income) | - | 9.78% | 97.2% | 175.39% | - | - |
| Dividend per Share 2 | 0.3235 | 0.1213 | 0.2426 | 0.4080 | 0.4450 | 0.4650 |
| Announcement Date | 3/25/19 | 3/25/20 | 3/22/21 | 3/21/22 | 3/20/23 | 3/21/24 |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 25.9 | 45.5 | 36 | 20.8 | 61 | 76.9 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.9101 x | 1.297 x | 1.233 x | 0.6527 x | 1.599 x | 1.871 x |
| Free Cash Flow 1 | -13.3 | 1.99 | 15.2 | 35.2 | -19.1 | -4.3 |
| ROE (net income / shareholders' equity) | 18% | 18% | 12.5% | 15.1% | 12.9% | 18.4% |
| ROA (Net income/ Total Assets) | 6.74% | 6.82% | 4.98% | 5.4% | 6.39% | 6.18% |
| Assets 1 | 274.9 | 298 | 314.6 | 371.1 | 272.4 | 437 |
| Book Value Per Share 2 | 4.350 | 4.800 | 5.260 | 5.480 | 5.610 | 6.330 |
| Cash Flow per Share 2 | 0.5600 | 0.7100 | 1.180 | 1.280 | 0.6700 | 0.5800 |
| Capex 1 | 7.65 | 7.75 | 4.77 | 5.39 | 11 | 13.8 |
| Capex / Sales | 3.75% | 2.94% | 1.91% | 1.92% | 3.41% | 3.83% |
| Announcement Date | 3/25/19 | 3/25/20 | 3/22/21 | 3/21/22 | 3/20/23 | 3/21/24 |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -10.26% | 333M | |
| +9.12% | 34.7B | |
| +18.62% | 8.18B | |
| +4.91% | 7.52B | |
| +38.58% | 4.2B | |
| -3.97% | 4.14B | |
| +16.41% | 3.8B | |
| +6.97% | 3.48B | |
| -8.33% | 2.77B | |
| -28.89% | 2.36B |
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- ARD Stock
- Financials Arad Ltd.
