Annuncio • Apr 30
Caesarstone Ltd. to Report Q1, 2026 Results on May 13, 2026 Caesarstone Ltd. announced that they will report Q1, 2026 results at 9:00 AM, Eastern Standard Time on May 13, 2026 Annuncio • Feb 19
Caesarstone Ltd. to Report Q4, 2025 Results on Mar 04, 2026 Caesarstone Ltd. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 04, 2026 Annuncio • Dec 16
Caesarstone Ltd. Announces Board Changes, Effective December 14, 2025 Caesarstone Ltd. (the “Company”) announced that Mrs. Irit Ben-Dov has resigned from the Company’s board of directors (the “Board”), effective as of December 14, 2025 (the “Resignation”). The Resignation was tendered for personal reasons and not as a result of any disagreement with the Company on any matter relating to its operations, policies, or practices. In connection with the Resignation, the Board has appointed Mr. Yaron Arzi to serve as a director of the Company, effective as of December 14, 2025 (the “Appointment”). Mr. Arzi will serve until the next annual general meeting of shareholders and to fill the vacancy created by the Resignation, in accordance with the Company’s articles of association and applicable law. Mr. Arzi (64) brings over 30 years of senior executive and leadership experience across a broad range of industries, including manufacturing, retail, food, hospitality and international operations. He recently served as Chief Executive Officer of Brown Hotels. Previously, Mr. Arzi held senior financial and executive roles, including Chief Financial Officer and Deputy CEO of Din Marketing and Roasting Group, CFO of Negev Ceramics Group, CFO of Africa Israel Hotels, CFO of Soglowek, CFO of Tivall (Osem–Nestlé Group), and CFO of Johnson & Johnson Israel. He also led turnaround and value-creation processes for companies as part of his role at KCR, working closely with boards and management teams. Mr. Arzi previously served on the board of Africa Israel Hotels and has extensive experience in finance, operations, mergers and acquisitions, restructuring and strategic management. Mr. Arzi holds a Master’s degree in Public Administration from the University of Haifa and a Bachelor’s degree in Economics and Business Administration from Ruppin Academic Center. Annuncio • Nov 12
Caesarstone Ltd. Announces Closure of Bar-Lev Facility Caesarstone Ltd. announced that on Nov. 11, 2025, the company approved additional steps under its strategic restructuring plan across its operations, commencing with the closure of the manufacturing facility in Bar-Lev, Israel, and a reduction in headcount of approximately 200 employees mostly associated with the facility. This strategic action is intended to increase competitiveness, improve the Company’s profitability and cash flows, enhance service and drive additional cost efficiencies through an optimized manufacturing footprint. Beyond the facility closure, the restructuring plan continues to focus on additional actions that can be taken to improve future profitability and cash flow. Annuncio • Oct 30
Caesarstone Ltd. to Report Q3, 2025 Results on Nov 12, 2025 Caesarstone Ltd. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025 Annuncio • Oct 09
Caesarstone Ltd., Annual General Meeting, Nov 19, 2025 Caesarstone Ltd., Annual General Meeting, Nov 19, 2025. Location: kibbutz sdot-yam, mp menashe 3780400, Israel Annuncio • Oct 08
Caesarstone Unveils New Porcelain Brand for Multi Applications Caesarstone announced the launch of Lioli Porcelain by Caesarstone Ltd. - a cutting-edge porcelain surface forged by an inspired synergy between Caesarstone, the global pioneer of quartz surfaces and Lioli Ceramica, a pioneer in large-format of porcelain surfaces. The advanced porcelain surfaces are suitable for multi applications. They are driven by Caesarstone's legacy of design, quality and excellence, and present endless opportunities for flooring, cladding and other applications both indoors and out. Alongside the introduction of the Lioli Porcelain brand, Caesarstone is proud to launch a new collection, featuring a variety of new surface colours. The new Lioli porcelain collection by Caesarstone Ltd. is grounded in sense-stimulating richness and deep tactility. Lioli Sensorial Tech technology is expertly harnessed to craft crackled, fossilized and grained textures, incorporating effects that echo the topography of naturalstone. The inaugural 2025 Lioli Porcelain collection features a carefully curated range of 6mm slabs, engineered for multi-app applications such as flooring and wall cladding. Each design combines timeless aesthetics with advanced material innovation, delivering refined, tactile surfaces that perform as beautifully as they look. 6MM PORCELAIN: 502 Sleet, 504 Lumena, 506 Mirabel, 507 Marbannova, 510 Impermia, 511 Smokestone, 513 Striata, 516 Locura, 536 Antikella, 581 Lucillia. Annuncio • Jul 24
Caesarstone Ltd. to Report Q2, 2025 Results on Aug 06, 2025 Caesarstone Ltd. announced that they will report Q2, 2025 results at 9:00 AM, Eastern Standard Time on Aug 06, 2025 Annuncio • Apr 24
Caesarstone Ltd. to Report Q1, 2025 Results on May 07, 2025 Caesarstone Ltd. announced that they will report Q1, 2025 results Pre-Market on May 07, 2025 Annuncio • Feb 20
Caesarstone Ltd. to Report Q4, 2024 Results on Mar 05, 2025 Caesarstone Ltd. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Mar 05, 2025 Reported Earnings • Nov 14
Third quarter 2024 earnings released: US$0.12 loss per share (vs US$0.029 loss in 3Q 2023) Third quarter 2024 results: US$0.12 loss per share (further deteriorated from US$0.029 loss in 3Q 2023). Revenue: US$107.6m (down 24% from 3Q 2023). Net loss: US$4.22m (loss widened 328% from 3Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 5.3% growth forecast for the Building industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Annuncio • Oct 31
Caesarstone Ltd. to Report Q3, 2024 Results on Nov 13, 2024 Caesarstone Ltd. announced that they will report Q3, 2024 results Pre-Market on Nov 13, 2024 New Risk • Aug 25
New major risk - Revenue and earnings growth Earnings have declined by 68% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 68% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Annuncio • Aug 09
Caesarstone Ltd., Annual General Meeting, Sep 19, 2024 Caesarstone Ltd., Annual General Meeting, Sep 19, 2024. Location: companys offices at kibbutz sdot-yam, mp menashe 3780400, israel, Israel Reported Earnings • Aug 08
Second quarter 2024 earnings released: US$0.27 loss per share (vs US$1.52 loss in 2Q 2023) Second quarter 2024 results: US$0.27 loss per share (improved from US$1.52 loss in 2Q 2023). Revenue: US$119.4m (down 17% from 2Q 2023). Net loss: US$9.18m (loss narrowed 83% from 2Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 5.0% growth forecast for the Building industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Annuncio • Jul 25
Caesarstone Ltd. to Report Q2, 2024 Results on Aug 07, 2024 Caesarstone Ltd. announced that they will report Q2, 2024 results Pre-Market on Aug 07, 2024 Reported Earnings • May 08
First quarter 2024 earnings released: US$0.15 loss per share (vs US$0.11 loss in 1Q 2023) First quarter 2024 results: US$0.15 loss per share (further deteriorated from US$0.11 loss in 1Q 2023). Revenue: US$118.3m (down 22% from 1Q 2023). Net loss: US$5.09m (loss widened 35% from 1Q 2023). Revenue is forecast to stay flat during the next 2 years compared to a 4.3% growth forecast for the Building industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Annuncio • Apr 26
Caesarstone Ltd. to Report Q1, 2024 Results on May 08, 2024 Caesarstone Ltd. announced that they will report Q1, 2024 results Pre-Market on May 08, 2024 Buy Or Sell Opportunity • Apr 12
Now 32% undervalued Over the last 90 days, the stock has risen 28% to €4.70. The fair value is estimated to be €6.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 5.3% in 2 years. Earnings are forecast to grow by 93% in the next 2 years. Reported Earnings • Feb 22
Full year 2023 earnings released: US$3.12 loss per share (vs US$1.66 loss in FY 2022) Full year 2023 results: US$3.12 loss per share (further deteriorated from US$1.66 loss in FY 2022). Revenue: US$565.2m (down 18% from FY 2022). Net loss: US$107.7m (loss widened 88% from FY 2022). Revenue is expected to decline by 3.9% p.a. on average during the next 2 years, while revenues in the Building industry in Europe are expected to grow by 3.8%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Annuncio • Feb 08
Caesarstone Ltd. to Report Q4, 2023 Results on Feb 21, 2024 Caesarstone Ltd. announced that they will report Q4, 2023 results Pre-Market on Feb 21, 2024 Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 2 highly experienced directors. Independent External Director Nurit Benjamini was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 09
Third quarter 2023 earnings released: US$0.026 loss per share (vs US$0.016 loss in 3Q 2022) Third quarter 2023 results: US$0.026 loss per share (further deteriorated from US$0.016 loss in 3Q 2022). Revenue: US$142.4m (down 21% from 3Q 2022). Net loss: US$887.0k (loss widened 57% from 3Q 2022). Revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Building industry in Europe are expected to grow by 4.7%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Annuncio • Oct 26
Caesarstone Ltd. to Report Q3, 2023 Results on Nov 08, 2023 Caesarstone Ltd. announced that they will report Q3, 2023 results Pre-Market on Nov 08, 2023 Annuncio • Sep 22
Caesarstone Ltd., Annual General Meeting, Oct 30, 2023 Caesarstone Ltd., Annual General Meeting, Oct 30, 2023, at 14:00 Coordinated Universal Time. Location: the Company’s offices at Kibbutz Sdot-Yam Menashe Israel Agenda: To re-elect Dr. Ariel Halperin, Ronald Kaplan and Tom Pardo Izhaki, and to elect Giora Wegman, Ornit Raz, Maxim Ohana and David Reis to serve as directors of the Company until the close of the next annual general meeting of the shareholders of the Company; to re-elect each of Nurit Benjamini and Lily Ayalon to serve as external directors of the Company for a three-year term, commencing on December 1, 2023, and to approve their terms of compensation; to approve the grant of equity-based compensation to Ronald Kaplan, Nurit Benjamini, Lily Ayalon, Ornit Raz and David Reis, subject to each such director’s election or re-election, as applicable, as a director at the Meeting; and to consider other matters. Reported Earnings • Aug 10
Second quarter 2023 earnings released: US$1.52 loss per share (vs US$0.32 profit in 2Q 2022) Second quarter 2023 results: US$1.52 loss per share (down from US$0.32 profit in 2Q 2022). Revenue: US$143.7m (down 20% from 2Q 2022). Net loss: US$52.6m (down US$63.6m from profit in 2Q 2022). Revenue is forecast to stay flat during the next 2 years compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Annuncio • Jul 28
Caesarstone Ltd. to Report Q2, 2023 Results on Aug 09, 2023 Caesarstone Ltd. announced that they will report Q2, 2023 results Pre-Market on Aug 09, 2023 Reported Earnings • May 10
First quarter 2023 earnings released: US$0.11 loss per share (vs US$0.18 profit in 1Q 2022) First quarter 2023 results: US$0.11 loss per share (down from US$0.18 profit in 1Q 2022). Revenue: US$150.6m (down 12% from 1Q 2022). Net loss: US$3.78m (down 161% from profit in 1Q 2022). Revenue is forecast to grow 2.2% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Building industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 02
Full year 2022 earnings released: US$1.65 loss per share (vs US$0.51 profit in FY 2021) Full year 2022 results: US$1.65 loss per share (down from US$0.51 profit in FY 2021). Revenue: US$690.8m (up 7.3% from FY 2021). Net loss: US$57.1m (down 425% from profit in FY 2021). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Annuncio • Feb 02
Caesarstone Ltd. to Report Q4, 2022 Results on Mar 01, 2023 Caesarstone Ltd. announced that they will report Q4, 2022 results Pre-Market on Mar 01, 2023 Reported Earnings • Nov 10
Third quarter 2022 earnings released: US$0.013 loss per share (vs US$0.17 profit in 3Q 2021) Third quarter 2022 results: US$0.013 loss per share (down from US$0.17 profit in 3Q 2021). Revenue: US$180.7m (up 11% from 3Q 2021). Net loss: US$463.0k (down 108% from profit in 3Q 2021). Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Building industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Annuncio • Nov 10
Caesarstone Ltd. Revises Earnings Guidance for the Year 2022 Caesarstone Ltd. revised earnings guidance for the year 2022. The company revises its expectation for 2022 revenue to be in the range of $690 million to $700 million compared to a prior range of $710 million to $725 million. Annuncio • Oct 27
Caesarstone Ltd. to Report Q3, 2022 Results on Nov 09, 2022 Caesarstone Ltd. announced that they will report Q3, 2022 results Pre-Market on Nov 09, 2022 Annuncio • Oct 12
Caesarstone Ltd., Annual General Meeting, Nov 23, 2022 Caesarstone Ltd., Annual General Meeting, Nov 23, 2022, at 17:00 Israel Standard Time. Location: Kibbutz Sdot-Yam, MP Menashe 3780400 Menashe Israel Agenda: To re-elect Messrs. Ariel Halperin, Dori Brown, Roger Abravanel, Ronald Kaplan, Ofer Tsimchi, Shai Bober and Tom Pardo Izhaki to serve as directors of the Company until the close of the next annual general meeting; to approve a grant of 6,000 restricted shares units, each representing a right to receive one ordinary share; to consider the bonus formula of Mr. Yuval Dagim, the Company's Chief Executive Officer as of 2023; to approve the reappointment of Kost, Forer, Gabbay & Kasierer (a member of Ernst & Young Global) as the Company's independent auditors for the year ending December 31, 2022; and to consider other related matter. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improved over the past week After last week's 16% share price gain to €9.90, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 14x in the Building industry in Europe. Total loss to shareholders of 27% over the past three years. Upcoming Dividend • Aug 09
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 16 August 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 9.8%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (2.1%). Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: US$0.32 (vs US$0.047 in 2Q 2021) Second quarter 2022 results: EPS: US$0.32 (up from US$0.047 in 2Q 2021). Revenue: US$180.3m (up 10% from 2Q 2021). Net income: US$11.0m (up US$9.44m from 2Q 2021). Profit margin: 6.1% (up from 1.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.1%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annuncio • Jul 21
Caesarstone Ltd. to Report Q2, 2022 Results on Aug 03, 2022 Caesarstone Ltd. announced that they will report Q2, 2022 results Pre-Market on Aug 03, 2022 Reported Earnings • May 12
First quarter 2022 earnings released: EPS: US$0.18 (vs US$0.41 in 1Q 2021) First quarter 2022 results: EPS: US$0.18 (down from US$0.41 in 1Q 2021). Revenue: US$170.4m (up 17% from 1Q 2021). Net income: US$6.23m (down 56% from 1Q 2021). Profit margin: 3.7% (down from 9.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 9.6%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Annuncio • May 12
Caesarstone Ltd. Reiterates Revenue Guidance for 2022 Caesarstone Ltd. reiterated revenue guidance for 2022. The Company reiterates its expectation for 2022 revenue to be in the range of $710 million to $725 million, implying approximately 11% growth over 2021 at the midpoint, driven by volume and price improvements in its markets. Reported Earnings • Mar 17
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.51 (up from US$0.21 in FY 2020). Revenue: US$643.9m (up 32% from FY 2020). Net income: US$17.6m (up 143% from FY 2020). Profit margin: 2.7% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 12%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 9% per year. Annuncio • Mar 04
Caesarstone Ltd. to Unveil 8 New Nature-Inspired Designs Including Pebbles Collection At the Interior Design Show Caesarstone Ltd. announced that it will showcase eight new, nature-inspired surfaces at the Interior Design Show (IDS22) with an immersive installation designed by Canadian Designer Alessandro Munge. Neo Colosseo - features Caesarstone's newly-launched 'Pebbles Collection," - and promises to take visitors through a whimsical and sensorial journey of earth, art, nature and expression. The installation prominently features the Pebbles Collection, a series of sustainable surfaces in a dynamic palette of warm, grey monochromes laced with softer hues that nurture, comfort and calm, bringing the blessings of nature into the heart of the home. The five colours of the Pebbles Collection are: 1001 Riverlet: A gentle off-white touched by honied amber capillaries that flow softly across the surface, with Honed finish for a tinge of freshness that reflects more light in the kitchen. Available in honed finish. 1002 Wyndigo: Warm earthy gradients wash over a soft greige surface veined with foamy greys, capturing a Pebbles's two-toned mottled patina. Available in honed finish. 1003 Raindream: Two layers of slate greys are accentuated by soft dark grey strokes contoured in neutral highlights with a finish that makes the surface look like a wet river stone. Available in polished finish. 1004 Stoneburst: Two shades of sage grey with soft mineral undertones and subtle grey veining that complements this calm complexion. Available in honed finish. 1006 Agger Grey: A rich two-toned base of warm smoky greys with delicate clay undertones and white veins that create a two-toned surface. Available in honed and polished finish. In addition to the Pebbles Collection, Caesarstone will introduce three new vivid designs, also inspired by nature, meant to reveal the play of elements across infinite landscapes. 5161 Icellion: A stunning landscape of frosty whites pierced by elegant grey strokes that emulate grand geological movements and honours the enduring presence of nature. Available in polished finish. 5820 Darcrest: A mysteriously dark earthy base, enriched by tiny spots and sediments with a veil of organic ochres and brownish greens like erosion on a rocky hillside. Available in honed finish. 5121 Layalite: The purest white like fresh snow melting away in broad streaks spread out wide, softly exposing the rough greys of underlying metamorphic rock, creating an emotive effect. Available in polished finish. Reported Earnings • Feb 10
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.55 (up from US$0.21 in FY 2020). Revenue: US$643.9m (up 32% from FY 2020). Net income: US$19.0m (up 163% from FY 2020). Profit margin: 2.9% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 12%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Annuncio • Feb 10
Caesarstone Ltd. Provides Revenue Guidance for the Year 2022 Caesarstone Ltd. provided revenue guidance for the year 2022. The company expects revenue to be in the range of $710 million to $725 million, implying approximately 11% growth over 2021 at the midpoint of the range, driven by volume and price improvements in the markets. Annuncio • Jan 22
Caesarstone to Debut 8 Nature-Inspired Designs, Including the Pebbles Collection, at KBIS 2022 Caesarstone will unveil eight new, nature-inspired surfaces at the Kitchen & Bath Industry Show (KBIS) in OrlandoFebruary 8-10, including the Pebbles Collection that features five designs that celebrate the never-ending transformation of wind and water over stone. The surface manufacturer will also unveil three additional innovative colors and showcase its entire portfolio in Booth W629 designed by renowned interior designer Brian Brown of Brian Brown Studio and produced by WBE Exhibits with all stone fabricated by JDS Surfaces. The Thermador appliances, including a 36" Induction Cooktop, 24" Glass Door Wine Cooler, 24" Freedom® Professional Undercounter Refrigeration and Built-in Coffee Machine with Home Connect, were provided by BSH. The new Pebbles Collection embodies the bigger essence of small stones. A palette of warm, dynamic monochromes is laced with softer hues and enriched by distinctive textures that are inspired by the everlasting path of the pebble, bringing the blessings of sunlight and rain into the heart of the home. Like all Caesarstone surfaces, these new designs are the ultimate combination of nature and technology: premium, high-quality material that is nonporous, durable, flexible, scratch and stain resistant, mold and mildew resistant and lower maintenance than other natural surface materials. Caesarstone surfaces never need sealing. The five colors of the Pebbles Collection are: 1001 Riverlet: A gentle off-white touched by honied amber capillaries that flow softly across the surface, with Honed finish for a tinge of freshness that reflects more light in the kitchen. Available in honed finish. 1002 Wyndigo: Warm earthy gradients wash over a soft greige surface veined with foamy greys, capturing a pebble's two-toned mottled patina. Available in honed finish. 1003 Raindream: Two layers of slate greys are accentuated by soft dark grey strokes contoured in neutral highlights with a finish that makes the surface look like a wet river stone. Available in polished finish. 1004 Stoneburst: Two shades of sage grey with soft mineral undertones and subtle grey veining that complements this calm complexion. Available in honed finish. 1006 Agger Grey: A rich two-toned base of warm smoky greys with delicate clay undertones and white veins that create a two-toned surface. Available in honed and polished finish. In addition to the Pebbles Collection, Caesarstone will introduce three other bold, innovative designs at the show, which are also inspired by nature and are a result of the company's in-house proprietary technology: 5161 Icellion: A stunning landscape of frosty whites pierced by elegant grey strokes that emulate grand geological movements and honors the enduring presence of nature. Available in polished finish. 5820 Darcrest: A mysteriously dark earthy base, enriched by tiny spots and sediments with a veil of organic ochres and brownish greens like erosion on a rocky hillside. Available in honed finish. 5121 Layalite: The purest white like fresh snow melting away in broad streaks spread out wide, softly exposing the rough greys of underlying metamorphic rock, creating an emotive effect. Available in polished finish. All the new Caesarstone designs will be available nationwide in Summer 2022. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €9.40, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 20x in the Building industry in Europe. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.25 per share. Upcoming Dividend • Nov 09
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 16 November 2021. Payment date: 30 November 2021. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.4%). Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS US$0.17 (vs US$0.37 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$163.3m (up 32% from 3Q 2020). Net income: US$5.85m (down 54% from 3Q 2020). Profit margin: 3.6% (down from 10% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Executive Departure • Sep 07
Chief Financial Officer Ophir Yakovian has left the company During their tenure, earnings grew by 15% annually compared to the industry average of 12%. On the 1st of September, Ophir Yakovian left the company after 3.4 in the role. We don't have any record of a personal shareholding under Ophir's name. Ophir is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.04 years. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS US$0.047 (vs US$0.17 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$163.5m (up 65% from 2Q 2020). Net income: US$1.61m (up US$7.49m from 2Q 2020). Profit margin: 1.0% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • May 06
First quarter 2021 earnings released: EPS US$0.41 (vs US$0.078 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$146.0m (up 15% from 1Q 2020). Net income: US$14.2m (up 430% from 1Q 2020). Profit margin: 9.7% (up from 2.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS US$0.21 (vs US$0.37 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$486.4m (down 11% from FY 2019). Net income: US$7.22m (down 44% from FY 2019). Profit margin: 1.5% (down from 2.4% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 25
Full year 2020 earnings released: EPS US$0.21 (vs US$0.37 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$486.4m (down 11% from FY 2019). Net income: US$7.22m (down 44% from FY 2019). Profit margin: 1.5% (down from 2.4% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 25
Revenue beats expectations Revenue exceeded analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 11%, compared to a 4.3% growth forecast for the Building industry in Germany. Is New 90 Day High Low • Feb 11
New 90-day high: €11.70 The company is up 20% from its price of €9.75 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 13% over the same period. Is New 90 Day High Low • Jan 23
New 90-day high: €11.30 The company is up 31% from its price of €8.65 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 18% over the same period. Annuncio • Jan 21
Caesarstone Ltd. to Report Q4, 2020 Results on Feb 24, 2021 Caesarstone Ltd. announced that they will report Q4, 2020 results Pre-Market on Feb 24, 2021 Is New 90 Day High Low • Jan 07
New 90-day high: €10.80 The company is up 8.0% from its price of €10.00 on 09 October 2020. The German market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Building industry, which is up 14% over the same period. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 21% share price gain to US$10.50, the stock is trading at a trailing P/E ratio of 47.1x, up from the previous P/E ratio of 38.8x. This compares to an average P/E of 21x in the Building industry in Europe. Total return to shareholders over the past three years is a loss of 40%. Is New 90 Day High Low • Nov 24
New 90-day high: €10.50 The company is up 14% from its price of €9.20 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 8.0% over the same period. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 16% share price gain to US$9.90, the stock is trading at a trailing P/E ratio of 43.2x, up from the previous P/E ratio of 37.1x. This compares to an average P/E of 19x in the Building industry in Europe. Total return to shareholders over the past three years is a loss of 53%. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS US$0.37 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: US$123.9m (down 13% from 3Q 2019). Net income: US$12.8m (up 80% from 3Q 2019). Profit margin: 10% (up from 5.0% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Annuncio • Oct 14
Caesarstone Ltd. (NasdaqGS:CSTE) completed the acquisition of an unknown majority stake in Lioli Ceramica Pvt. Ltd. Caesarstone Ltd. (NasdaqGS:CSTE) entered into a definitive agreement to acquire an unknown majority stake in Lioli Ceramica Pvt. Ltd. for approximately $22 million on August 31, 2020. Under the terms of the transaction, Caesarstone will acquire a majority stake in Lioli for a cash investment of approximately $12 million, representing an enterprise value of approximately $34 million, including the assumption of debt and additional consideration of up to approximately $10 million upon the achievement of certain milestones. Lioli reported annual revenue of approximately $18 million. The transaction is subject to customary closing conditions and is expected to close in 2020. The deal is expected to have a favorable impact to earnings beyond 2020. Madhu Lunawat of Pantomath Capital Advisors Private Limited acted as the financial advisor to Lioli Ceramica Pvt. Ltd. Kartick Maheshwari and Deepak Jodhani of Khaitan & Co. acted as legal advisors for Caesarstone Ltd.
Caesarstone Ltd. (NasdaqGS:CSTE) completed the acquisition of an unknown majority stake in Lioli Ceramica Pvt. Ltd. on October 13, 2020. Is New 90 Day High Low • Sep 25
New 90-day low: €8.10 The company is down 11% from its price of €9.10 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 10.0% over the same period. Annuncio • Sep 01
Caesarstone Ltd. (NasdaqGS:CSTE) entered into a definitive agreement to acquire an unknown majority stake in Lioli Ceramica Pvt. Ltd. for approximately $22 million. Caesarstone Ltd. (NasdaqGS:CSTE) entered into a definitive agreement to acquire an unknown majority stake in Lioli Ceramica Pvt. Ltd. for approximately $22 million on August 31, 2020. Under the terms of the transaction, Caesarstone will acquire a majority stake in Lioli for a cash investment of approximately $12 million, representing an enterprise value of approximately $34 million, including the assumption of debt and additional consideration of up to approximately $10 million upon the achievement of certain milestones. Lioli reported annual revenue of approximately $18 million. The transaction is subject to customary closing conditions and is expected to close in 2020. The deal is expected to have a favorable impact to earnings beyond 2020. Madhu Lunawat of Pantomath Capital Advisors Private Limited acted as the financial advisor to Lioli Ceramica Pvt. Ltd. Annuncio • Jul 23
Caesarstone Ltd. to Report Q2, 2020 Results on Aug 05, 2020 Caesarstone Ltd. announced that they will report Q2, 2020 results at 9:00 AM, Israel Standard Time on Aug 05, 2020 Annuncio • Jul 04
Caesarstone Ltd.(NasdaqGS:CSTE) dropped from Russell 2000 Dynamic Index Caesarstone Ltd.(NasdaqGS:CSTE) dropped from Russell 2000 Dynamic Index