Financials Zur Shamir Holdings Ltd

Equities

ZUR

IL0007300101

Multiline Insurance & Brokers

Market Closed - TEL AVIV STOCK EXCHANGE 07:54:21 09/05/2024 pm IST 5-day change 1st Jan Change
611.1 ILa +1.85% Intraday chart for Zur Shamir Holdings Ltd +7.02% +13.42%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 904.9 907.4 562 830.7 419.4 350.8
Enterprise Value (EV) 1 6,500 7,240 7,548 7,884 10,280 11,751
P/E ratio 17.5 x 7.28 x 10.6 x 6.3 x -13 x 10.8 x
Yield 3.01% - 3.17% 4.69% 1.91% 7.13%
Capitalization / Revenue 0.29 x 0.28 x 0.2 x 0.26 x 0.12 x 0.08 x
EV / Revenue 2.07 x 2.24 x 2.64 x 2.48 x 2.84 x 2.67 x
EV / EBITDA 10.4 x 9.55 x 10.6 x 8.77 x 11.7 x 12 x
EV / FCF -23.5 x -28.7 x -10 x 7.56 x -17.6 x -26.8 x
FCF Yield -4.25% -3.48% -9.98% 13.2% -5.68% -3.73%
Price to Book 2.41 x 5.13 x 1.87 x 1.74 x 0.83 x 0.59 x
Nbr of stocks (in thousands) 64,727 64,954 64,954 65,100 65,100 65,100
Reference price 2 13.98 13.97 8.653 12.76 6.442 5.388
Announcement Date 25/03/19 29/03/20 22/03/21 31/03/22 28/03/23 28/03/24
1ILS in Million2ILS
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3,134 3,228 2,864 3,184 3,614 4,399
EBITDA 1 626.9 758.1 713 899.3 878.1 980.6
EBIT 1 599.7 725.7 671.5 859.3 832.8 941.4
Operating Margin 19.14% 22.48% 23.45% 26.99% 23.04% 21.4%
Earnings before Tax (EBT) 1 373.1 593.7 310.6 740.5 323.5 406.6
Net income 1 52.48 126.8 53.09 133.7 -32.24 33.55
Net margin 1.67% 3.93% 1.85% 4.2% -0.89% 0.76%
EPS 2 0.7971 1.919 0.8172 2.026 -0.4956 0.5000
Free Cash Flow 1 -276.1 -252.2 -753 1,042 -583.5 -437.8
FCF margin -8.81% -7.81% -26.29% 32.74% -16.14% -9.95%
FCF Conversion (EBITDA) - - - 115.91% - -
FCF Conversion (Net income) - - - 779.71% - -
Dividend per Share 2 0.4202 - 0.2740 0.5991 0.1229 0.3840
Announcement Date 25/03/19 29/03/20 22/03/21 31/03/22 28/03/23 28/03/24
1ILS in Million2ILS
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 5,595 6,332 6,986 7,053 9,861 11,401
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 8.924 x 8.353 x 9.799 x 7.843 x 11.23 x 11.63 x
Free Cash Flow 1 -276 -252 -753 1,042 -584 -438
ROE (net income / shareholders' equity) 16.2% 27.8% 10.4% 22.1% 6.02% 8.88%
ROA (Net income/ Total Assets) 3.11% 3.39% 2.88% 3.39% 2.92% 2.96%
Assets 1 1,687 3,746 1,845 3,945 -1,105 1,135
Book Value Per Share 2 5.810 2.720 4.620 7.340 7.780 9.130
Cash Flow per Share 2 19.50 16.10 18.90 25.70 18.60 9.830
Capex 1 266 184 262 166 - 184
Capex / Sales 8.49% 5.69% 9.13% 5.21% - 4.19%
Announcement Date 25/03/19 29/03/20 22/03/21 31/03/22 28/03/23 28/03/24
1ILS in Million2ILS
Estimates
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