View ValuationGlobrands 将来の成長Future 基準チェック /06現在、 Globrandsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Retail Distributors 収益成長13.7%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₪290, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total loss to shareholders of 4.3% over the past three years.New Risk • Apr 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪297.6m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 3.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₪297.6m market cap, or US$99.4m).分析記事 • Feb 06Globrands Ltd. (TLV:GLRS) Not Doing Enough For Some Investors As Its Shares Slump 30%To the annoyance of some shareholders, Globrands Ltd. ( TLV:GLRS ) shares are down a considerable 30% in the last...New Risk • Feb 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 3.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 2.0% per year over the past 5 years. High level of non-cash earnings (37% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (3.4% average weekly change).Buy Or Sell Opportunity • Feb 03Now 31% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to ₪370. The fair value is estimated to be ₪534, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years, while earnings per share has been flat.Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₪522, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 71% over the past three years.分析記事 • Dec 04Globrands' (TLV:GLRS) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that Globrands Ltd.'s ( TLV:GLRS ) recent earnings didn't contain any surprises...Reported Earnings • Nov 28Third quarter 2025 earnings released: EPS: ₪13.79 (vs ₪19.34 in 3Q 2024)Third quarter 2025 results: EPS: ₪13.79 (down from ₪19.34 in 3Q 2024). Revenue: ₪216.7m (up 4.7% from 3Q 2024). Net income: ₪17.1m (down 28% from 3Q 2024). Profit margin: 7.9% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Aug 26Second quarter 2025 earnings released: EPS: ₪12.28 (vs ₪15.35 in 2Q 2024)Second quarter 2025 results: EPS: ₪12.28 (down from ₪15.35 in 2Q 2024). Revenue: ₪189.6m (down 5.6% from 2Q 2024). Net income: ₪15.1m (down 20% from 2Q 2024). Profit margin: 8.0% (down from 9.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jul 02Now 21% undervaluedOver the last 90 days, the stock has risen 7.3% to ₪606. The fair value is estimated to be ₪762, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years, while earnings per share has been flat.分析記事 • May 30Impressive Earnings May Not Tell The Whole Story For Globrands (TLV:GLRS)Globrands Ltd. ( TLV:GLRS ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Upcoming Dividend • May 28Upcoming dividend of ₪22.78 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 17 June 2025. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 8.3%. Within top quartile of Israeli dividend payers (6.0%). Higher than average of industry peers (2.6%).Reported Earnings • May 22First quarter 2025 earnings released: EPS: ₪13.86 (vs ₪14.71 in 1Q 2024)First quarter 2025 results: EPS: ₪13.86 (down from ₪14.71 in 1Q 2024). Revenue: ₪183.9m (down 6.5% from 1Q 2024). Net income: ₪17.0m (down 5.8% from 1Q 2024). Profit margin: 9.3% (up from 9.2% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.New Risk • Mar 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Earnings have declined by 0.6% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share).お知らせ • Mar 20Globrands Ltd., Annual General Meeting, May 05, 2025Globrands Ltd., Annual General Meeting, May 05, 2025. Location: company offices, IsraelReported Earnings • Nov 27Third quarter 2024 earnings released: EPS: ₪19.34 (vs ₪13.16 in 3Q 2023)Third quarter 2024 results: EPS: ₪19.34 (up from ₪13.16 in 3Q 2023). Revenue: ₪206.9m (up 29% from 3Q 2023). Net income: ₪23.8m (up 47% from 3Q 2023). Profit margin: 12% (up from 10% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.お知らせ • Sep 04Globrands Ltd. to Report Q2, 2024 Results on Sep 18, 2024Globrands Ltd. announced that they will report Q2, 2024 results on Sep 18, 2024Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: ₪15.35 (vs ₪11.41 in 2Q 2023)Second quarter 2024 results: EPS: ₪15.35 (up from ₪11.41 in 2Q 2023). Revenue: ₪200.8m (up 26% from 2Q 2023). Net income: ₪18.9m (up 35% from 2Q 2023). Profit margin: 9.4% (up from 8.8% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year.お知らせ • Mar 26Globrands Ltd., Annual General Meeting, May 07, 2024Globrands Ltd., Annual General Meeting, May 07, 2024, at 15:00 Israel Standard Time.New Risk • Dec 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 140% Dividend yield: 13% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 140% Minor Risk High level of debt (258% net debt to equity).Reported Earnings • Nov 25Third quarter 2023 earnings released: EPS: ₪13.16 (vs ₪15.27 in 3Q 2022)Third quarter 2023 results: EPS: ₪13.16 (down from ₪15.27 in 3Q 2022). Revenue: ₪160.3m (up 1.6% from 3Q 2022). Net income: ₪16.2m (down 14% from 3Q 2022). Profit margin: 10% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 11Upcoming dividend of ₪26.04 per share at 10% yieldEligible shareholders must have bought the stock before 18 June 2023. Payment date: 26 June 2023. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 10%. Within top quartile of Israeli dividend payers (7.3%). Higher than average of industry peers (2.5%).Reported Earnings • May 28First quarter 2023 earnings released: EPS: ₪14.10 (vs ₪12.47 in 1Q 2022)First quarter 2023 results: EPS: ₪14.10 (up from ₪12.47 in 1Q 2022). Revenue: ₪165.3m (up 24% from 1Q 2022). Net income: ₪17.3m (up 13% from 1Q 2022). Profit margin: 11% (down from 12% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • Mar 29Full year 2022 earnings released: EPS: ₪57.18 (vs ₪59.19 in FY 2021)Full year 2022 results: EPS: ₪57.18 (down from ₪59.19 in FY 2021). Revenue: ₪596.0m (up 8.5% from FY 2021). Net income: ₪69.0m (down 5.2% from FY 2021). Profit margin: 12% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year.Upcoming Dividend • Nov 28Upcoming dividend of ₪20.34 per shareEligible shareholders must have bought the stock before 05 December 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 12%. Within top quartile of Israeli dividend payers (7.2%). Higher than average of industry peers (2.6%).Reported Earnings • Nov 27Third quarter 2022 earnings released: EPS: ₪15.27 (vs ₪14.17 in 3Q 2021)Third quarter 2022 results: EPS: ₪15.27 (up from ₪14.17 in 3Q 2021). Revenue: ₪157.8m (up 14% from 3Q 2021). Net income: ₪18.8m (up 7.7% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent External Director Yitzhak Krinsky was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • May 22First quarter 2022 earnings released: EPS: ₪12.47 (vs ₪15.30 in 1Q 2021)First quarter 2022 results: EPS: ₪12.47 (down from ₪15.30 in 1Q 2021). Revenue: ₪133.5m (flat on 1Q 2021). Net income: ₪15.3m (down 19% from 1Q 2021). Profit margin: 12% (down from 14% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent External Director Yitzhak Krinsky was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₪59.19 (down from ₪59.97 in FY 2020). Revenue: ₪549.1m (up 5.4% from FY 2020). Net income: ₪72.7m (flat on FY 2020). Profit margin: 13% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.Reported Earnings • Nov 27Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: ₪14.17 (down from ₪16.53 in 3Q 2020). Revenue: ₪138.4m (flat on 3Q 2020). Net income: ₪17.4m (down 14% from 3Q 2020). Profit margin: 13% (down from 15% in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 28Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: ₪141.2m (up 14% from 2Q 2020). Net income: ₪19.8m (up 13% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.分析記事 • Apr 05Estimating The Intrinsic Value Of Globrands Ltd. (TLV:GLRS)Does the April share price for Globrands Ltd. ( TLV:GLRS ) reflect what it's really worth? Today, we will estimate the...Reported Earnings • Mar 16Full year 2020 earnings released: EPS ₪59.97 (vs ₪54.29 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: ₪520.8m (up 12% from FY 2019). Net income: ₪72.2m (up 13% from FY 2019). Profit margin: 14% (in line with FY 2019).分析記事 • Mar 15Boasting A 76% Return On Equity, Is Globrands Ltd. (TLV:GLRS) A Top Quality Stock?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...Is New 90 Day High Low • Feb 15New 90-day high: ₪424The company is up 3.0% from its price of ₪412 on 17 November 2020. The Israeli market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Retail Distributors industry, which is down 3.0% over the same period.分析記事 • Feb 11Does Globrands (TLV:GLRS) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jan 24Globrands (TLV:GLRS) Has Compensated Shareholders With A Respectable 33% Return On Their InvestmentThese days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But if you pick...分析記事 • Jan 05What Is The Ownership Structure Like For Globrands Ltd. (TLV:GLRS)?If you want to know who really controls Globrands Ltd. ( TLV:GLRS ), then you'll have to look at the makeup of its...分析記事 • Dec 15Should You Be Impressed By Globrands Ltd.'s (TLV:GLRS) ROE?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...分析記事 • Nov 24Are Globrands's (TLV:GLRS) Statutory Earnings A Good Reflection Of Its Earnings Potential?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Reported Earnings • Nov 16Third quarter 2020 earnings released: EPS ₪16.53The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: ₪139.2m (up 15% from 3Q 2019). Net income: ₪20.3m (up 9.7% from 3Q 2019). Profit margin: 15% (in line with 3Q 2019).Is New 90 Day High Low • Nov 12New 90-day high: ₪420The company is up 8.0% from its price of ₪388 on 13 August 2020. The Israeli market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 3.0% over the same period.お知らせ • Jun 19Globrands Ltd. announced that it expects to receive ILS 17.702 million in fundingGlobrands Ltd. (TASE:GLRS) announced a private placement of shares for gross proceeds of ILS 17,702,000 on June 17, 2020. The transaction will include participation from 7 investors. The transaction has been approved by the board of directors. All securities issued in the transaction have a hold period of 6 months. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Globrands は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TASE:GLRS - アナリストの将来予測と過去の財務データ ( )ILS Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2025785594960N/A9/30/202577763-62-49N/A6/30/202575469-30-17N/A3/31/202575273-19-3N/A12/31/202475474926N/A9/30/2024747737086N/A6/30/2024713657187N/A3/31/202468560150169N/A12/31/2023665591634N/A9/30/2023639644459N/A6/30/2023637665064N/A3/31/20236287227N/A12/31/202259670-56-52N/A9/30/2022579714649N/A6/30/2022560691921N/A3/31/2022550698992N/A12/31/2021549737683N/A9/30/2021554764957N/A6/30/2021555786977N/A3/31/2021537765461N/A12/31/2020521725964N/A9/30/2020489672836N/A6/30/2020471664758N/A3/31/2020464653244N/A12/31/2019465646373N/A9/30/201947164N/A70N/A6/30/201947163N/A59N/A3/31/201947163N/A110N/A12/31/201847068N/A78N/A9/30/201847572N/A150N/A6/30/201846775N/A99N/A3/31/201846876N/A0N/A12/31/201746871N/A87N/A12/31/201644962N/A46N/A12/31/201541056N/A157N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: GLRSの予測収益成長が 貯蓄率 ( 3.5% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: GLRSの収益がIL市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: GLRSの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: GLRSの収益がIL市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: GLRSの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: GLRSの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YRetail 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 04:25終値2026/05/20 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Globrands Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Valuation Update With 7 Day Price Move • Apr 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₪290, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total loss to shareholders of 4.3% over the past three years.
New Risk • Apr 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪297.6m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 3.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₪297.6m market cap, or US$99.4m).
分析記事 • Feb 06Globrands Ltd. (TLV:GLRS) Not Doing Enough For Some Investors As Its Shares Slump 30%To the annoyance of some shareholders, Globrands Ltd. ( TLV:GLRS ) shares are down a considerable 30% in the last...
New Risk • Feb 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 3.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 2.0% per year over the past 5 years. High level of non-cash earnings (37% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (3.4% average weekly change).
Buy Or Sell Opportunity • Feb 03Now 31% undervalued after recent price dropOver the last 90 days, the stock has fallen 30% to ₪370. The fair value is estimated to be ₪534, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years, while earnings per share has been flat.
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₪522, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 71% over the past three years.
分析記事 • Dec 04Globrands' (TLV:GLRS) Anemic Earnings Might Be Worse Than You ThinkThe subdued market reaction suggests that Globrands Ltd.'s ( TLV:GLRS ) recent earnings didn't contain any surprises...
Reported Earnings • Nov 28Third quarter 2025 earnings released: EPS: ₪13.79 (vs ₪19.34 in 3Q 2024)Third quarter 2025 results: EPS: ₪13.79 (down from ₪19.34 in 3Q 2024). Revenue: ₪216.7m (up 4.7% from 3Q 2024). Net income: ₪17.1m (down 28% from 3Q 2024). Profit margin: 7.9% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 26Second quarter 2025 earnings released: EPS: ₪12.28 (vs ₪15.35 in 2Q 2024)Second quarter 2025 results: EPS: ₪12.28 (down from ₪15.35 in 2Q 2024). Revenue: ₪189.6m (down 5.6% from 2Q 2024). Net income: ₪15.1m (down 20% from 2Q 2024). Profit margin: 8.0% (down from 9.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jul 02Now 21% undervaluedOver the last 90 days, the stock has risen 7.3% to ₪606. The fair value is estimated to be ₪762, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years, while earnings per share has been flat.
分析記事 • May 30Impressive Earnings May Not Tell The Whole Story For Globrands (TLV:GLRS)Globrands Ltd. ( TLV:GLRS ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Upcoming Dividend • May 28Upcoming dividend of ₪22.78 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 17 June 2025. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 8.3%. Within top quartile of Israeli dividend payers (6.0%). Higher than average of industry peers (2.6%).
Reported Earnings • May 22First quarter 2025 earnings released: EPS: ₪13.86 (vs ₪14.71 in 1Q 2024)First quarter 2025 results: EPS: ₪13.86 (down from ₪14.71 in 1Q 2024). Revenue: ₪183.9m (down 6.5% from 1Q 2024). Net income: ₪17.0m (down 5.8% from 1Q 2024). Profit margin: 9.3% (up from 9.2% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
New Risk • Mar 22New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 7.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.9% operating cash flow to total debt). Earnings have declined by 0.6% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share).
お知らせ • Mar 20Globrands Ltd., Annual General Meeting, May 05, 2025Globrands Ltd., Annual General Meeting, May 05, 2025. Location: company offices, Israel
Reported Earnings • Nov 27Third quarter 2024 earnings released: EPS: ₪19.34 (vs ₪13.16 in 3Q 2023)Third quarter 2024 results: EPS: ₪19.34 (up from ₪13.16 in 3Q 2023). Revenue: ₪206.9m (up 29% from 3Q 2023). Net income: ₪23.8m (up 47% from 3Q 2023). Profit margin: 12% (up from 10% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has remained flat.
お知らせ • Sep 04Globrands Ltd. to Report Q2, 2024 Results on Sep 18, 2024Globrands Ltd. announced that they will report Q2, 2024 results on Sep 18, 2024
Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: ₪15.35 (vs ₪11.41 in 2Q 2023)Second quarter 2024 results: EPS: ₪15.35 (up from ₪11.41 in 2Q 2023). Revenue: ₪200.8m (up 26% from 2Q 2023). Net income: ₪18.9m (up 35% from 2Q 2023). Profit margin: 9.4% (up from 8.8% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year.
お知らせ • Mar 26Globrands Ltd., Annual General Meeting, May 07, 2024Globrands Ltd., Annual General Meeting, May 07, 2024, at 15:00 Israel Standard Time.
New Risk • Dec 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 140% Dividend yield: 13% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 140% Minor Risk High level of debt (258% net debt to equity).
Reported Earnings • Nov 25Third quarter 2023 earnings released: EPS: ₪13.16 (vs ₪15.27 in 3Q 2022)Third quarter 2023 results: EPS: ₪13.16 (down from ₪15.27 in 3Q 2022). Revenue: ₪160.3m (up 1.6% from 3Q 2022). Net income: ₪16.2m (down 14% from 3Q 2022). Profit margin: 10% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 11Upcoming dividend of ₪26.04 per share at 10% yieldEligible shareholders must have bought the stock before 18 June 2023. Payment date: 26 June 2023. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 10%. Within top quartile of Israeli dividend payers (7.3%). Higher than average of industry peers (2.5%).
Reported Earnings • May 28First quarter 2023 earnings released: EPS: ₪14.10 (vs ₪12.47 in 1Q 2022)First quarter 2023 results: EPS: ₪14.10 (up from ₪12.47 in 1Q 2022). Revenue: ₪165.3m (up 24% from 1Q 2022). Net income: ₪17.3m (up 13% from 1Q 2022). Profit margin: 11% (down from 12% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: ₪57.18 (vs ₪59.19 in FY 2021)Full year 2022 results: EPS: ₪57.18 (down from ₪59.19 in FY 2021). Revenue: ₪596.0m (up 8.5% from FY 2021). Net income: ₪69.0m (down 5.2% from FY 2021). Profit margin: 12% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year.
Upcoming Dividend • Nov 28Upcoming dividend of ₪20.34 per shareEligible shareholders must have bought the stock before 05 December 2022. Payment date: 15 December 2022. Payout ratio is a comfortable 42% but the company is paying out more than the cash it is generating. Trailing yield: 12%. Within top quartile of Israeli dividend payers (7.2%). Higher than average of industry peers (2.6%).
Reported Earnings • Nov 27Third quarter 2022 earnings released: EPS: ₪15.27 (vs ₪14.17 in 3Q 2021)Third quarter 2022 results: EPS: ₪15.27 (up from ₪14.17 in 3Q 2021). Revenue: ₪157.8m (up 14% from 3Q 2021). Net income: ₪18.8m (up 7.7% from 3Q 2021). Profit margin: 12% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent External Director Yitzhak Krinsky was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 22First quarter 2022 earnings released: EPS: ₪12.47 (vs ₪15.30 in 1Q 2021)First quarter 2022 results: EPS: ₪12.47 (down from ₪15.30 in 1Q 2021). Revenue: ₪133.5m (flat on 1Q 2021). Net income: ₪15.3m (down 19% from 1Q 2021). Profit margin: 12% (down from 14% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent External Director Yitzhak Krinsky was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 12Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₪59.19 (down from ₪59.97 in FY 2020). Revenue: ₪549.1m (up 5.4% from FY 2020). Net income: ₪72.7m (flat on FY 2020). Profit margin: 13% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year.
Reported Earnings • Nov 27Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: ₪14.17 (down from ₪16.53 in 3Q 2020). Revenue: ₪138.4m (flat on 3Q 2020). Net income: ₪17.4m (down 14% from 3Q 2020). Profit margin: 13% (down from 15% in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 28Second quarter 2021 earnings releasedThe company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: ₪141.2m (up 14% from 2Q 2020). Net income: ₪19.8m (up 13% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
分析記事 • Apr 05Estimating The Intrinsic Value Of Globrands Ltd. (TLV:GLRS)Does the April share price for Globrands Ltd. ( TLV:GLRS ) reflect what it's really worth? Today, we will estimate the...
Reported Earnings • Mar 16Full year 2020 earnings released: EPS ₪59.97 (vs ₪54.29 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: ₪520.8m (up 12% from FY 2019). Net income: ₪72.2m (up 13% from FY 2019). Profit margin: 14% (in line with FY 2019).
分析記事 • Mar 15Boasting A 76% Return On Equity, Is Globrands Ltd. (TLV:GLRS) A Top Quality Stock?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Is New 90 Day High Low • Feb 15New 90-day high: ₪424The company is up 3.0% from its price of ₪412 on 17 November 2020. The Israeli market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Retail Distributors industry, which is down 3.0% over the same period.
分析記事 • Feb 11Does Globrands (TLV:GLRS) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jan 24Globrands (TLV:GLRS) Has Compensated Shareholders With A Respectable 33% Return On Their InvestmentThese days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But if you pick...
分析記事 • Jan 05What Is The Ownership Structure Like For Globrands Ltd. (TLV:GLRS)?If you want to know who really controls Globrands Ltd. ( TLV:GLRS ), then you'll have to look at the makeup of its...
分析記事 • Dec 15Should You Be Impressed By Globrands Ltd.'s (TLV:GLRS) ROE?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
分析記事 • Nov 24Are Globrands's (TLV:GLRS) Statutory Earnings A Good Reflection Of Its Earnings Potential?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Reported Earnings • Nov 16Third quarter 2020 earnings released: EPS ₪16.53The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: ₪139.2m (up 15% from 3Q 2019). Net income: ₪20.3m (up 9.7% from 3Q 2019). Profit margin: 15% (in line with 3Q 2019).
Is New 90 Day High Low • Nov 12New 90-day high: ₪420The company is up 8.0% from its price of ₪388 on 13 August 2020. The Israeli market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 3.0% over the same period.
お知らせ • Jun 19Globrands Ltd. announced that it expects to receive ILS 17.702 million in fundingGlobrands Ltd. (TASE:GLRS) announced a private placement of shares for gross proceeds of ILS 17,702,000 on June 17, 2020. The transaction will include participation from 7 investors. The transaction has been approved by the board of directors. All securities issued in the transaction have a hold period of 6 months.