Stock KARE KARDAN REAL ESTATE ENTERPRISE AND DEVELOPMENT LTD
Add to a list
To use this feature you must be a member
Log inSign up

Financials Kardan Real Estate Enterprise and Development Ltd

Equities

KARE

IL0011184475

Homebuilding

Market Closed - TEL AVIV STOCK EXCHANGE
Other stock markets
 10:24:03 2024-05-02 am EDT 		5-day change 1st Jan Change
424 ILa -1.23% Intraday chart for Kardan Real Estate Enterprise and Development Ltd -2.08% +0.95%
2023 Kardan Real Estate Enterprise and Development Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 CI
2023 Kardan Real Estate Enterprise and Development Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023 CI

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 372.3 313.3 482.7 513 1,097 608.5
Enterprise Value (EV) 1 264.6 346.5 595.7 661.5 1,346 1,075
P/E ratio 4.38 x 8.31 x 21.7 x 15.2 x 13.5 x 5.1 x
Yield 10.5% 4.47% 1.82% 3.88% 3.09% 5.71%
Capitalization / Revenue 0.83 x 0.69 x 1.29 x 1.08 x 1.68 x 0.98 x
EV / Revenue 0.59 x 0.76 x 1.6 x 1.39 x 2.06 x 1.73 x
EV / EBITDA 4.48 x 6.94 x 16 x 9.55 x 12.7 x 10.1 x
EV / FCF 30.3 x -7.21 x -12.7 x -107 x -15.2 x 6.04 x
FCF Yield 3.3% -13.9% -7.86% -0.93% -6.59% 16.5%
Price to Book 0.72 x 0.61 x 0.94 x 0.95 x 1.82 x 0.88 x
Nbr of stocks (in thousands) 182,781 182,781 182,781 182,806 182,806 183,516
Reference price 2 2.037 1.714 2.641 2.806 6.000 3.316
Announcement Date 3/16/18 3/18/19 3/19/20 3/17/21 3/16/22 3/16/23
1ILS in Million2ILS
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 451.2 455 372.8 474.7 652.8 620.2
EBITDA 1 59.11 49.96 37.2 69.24 106 106.6
EBIT 1 56.64 47.75 35.68 67.6 103.6 102
Operating Margin 12.55% 10.5% 9.57% 14.24% 15.86% 16.44%
Earnings before Tax (EBT) 1 112.2 50.82 21.94 44.82 96.46 155.6
Net income 1 86.11 37.7 22.47 33.91 81.55 120
Net margin 19.09% 8.29% 6.03% 7.14% 12.49% 19.34%
EPS 2 0.4646 0.2063 0.1217 0.1843 0.4432 0.6500
Free Cash Flow 1 8.723 -48.08 -46.82 -6.183 -88.73 177.9
FCF margin 1.93% -10.57% -12.56% -1.3% -13.59% 28.69%
FCF Conversion (EBITDA) 14.76% - - - - 166.96%
FCF Conversion (Net income) 10.13% - - - - 148.32%
Dividend per Share 2 0.2134 0.0766 0.0480 0.1090 0.1853 0.1894
Announcement Date 3/16/18 3/18/19 3/19/20 3/17/21 3/16/22 3/16/23
1ILS in Million2ILS
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - 33.2 113 149 249 467
Net Cash position 1 108 - - - - -
Leverage (Debt/EBITDA) - 0.6653 x 3.038 x 2.145 x 2.351 x 4.38 x
Free Cash Flow 1 8.72 -48.1 -46.8 -6.18 -88.7 178
ROE (net income / shareholders' equity) 19.3% 7.3% 4.37% 6.4% 14.2% 18.4%
ROA (Net income/ Total Assets) 3.67% 3.19% 2.19% 3.82% 5.26% 4.28%
Assets 1 2,349 1,183 1,024 888.9 1,552 2,804
Book Value Per Share 2 2.810 2.800 2.810 2.950 3.290 3.770
Cash Flow per Share 2 1.130 0.8100 0.5900 1.150 0.9600 0.6600
Capex 1 0.62 3.49 0.31 2.27 7.19 14.7
Capex / Sales 0.14% 0.77% 0.08% 0.48% 1.1% 2.37%
Announcement Date 3/16/18 3/18/19 3/19/20 3/17/21 3/16/22 3/16/23
1ILS in Million2ILS
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Residential Builders - Multifamily Homes

1st Jan change Capi.
KARDAN REAL ESTATE ENTERPRISE AND DEVELOPMENT LTD Stock Kardan Real Estate Enterprise and Development Ltd
+0.95% 211M
HASEKO CORPORATION Stock Haseko Corporation
+4.09% 3.28B
Y.H. DIMRI CONSTRUCTION & DEVELOPMENT LTD Stock Y.H. Dimri Construction & Development Ltd
+14.42% 1.47B
CURY CONSTRUTORA E INCORPORADORA S.A. Stock Cury Construtora e Incorporadora S.A.
+10.06% 1.1B
AURA INVESTMENTS LTD. Stock Aura Investments Ltd.
+40.38% 1.09B
GLENVEAGH PROPERTIES PLC Stock Glenveagh Properties PLC
+7.05% 790M
AFRICA ISRAEL RESIDENCES LTD Stock Africa Israel Residences Ltd
+20.78% 777M
KVUTZAT ACRO LTD Stock Kvutzat Acro Ltd
+4.41% 654M
ATAL S.A. Stock Atal S.A.
+8.21% 647M
ARCHICOM S.A. Stock Archicom S.A.
+22.74% 491M
Residential Builders - Multifamily Homes
  1. Stock Market
  2. Equities
  3. KARE Stock
  4. Financials Kardan Real Estate Enterprise and Development Ltd