Is C. Mer Industries (TLV:CMER) A Risky Investment?
Apr 19
Israeli (TA) Construction Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies20
- 7D0.3%
- 3M-2.6%
- 1Y1.0%
- YTD-12.1%
The Construction is pretty flat in the last 7 days, but Ashtrom Group has stood out, gaining 4.9%. Furthermore, the industry has been flat for the past year as well.
Industry Valuation and Performance
Has the Israeli Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | ₪35.5b | ₪60.2b | ₪1.1b | 16x | 33.1x | 0.6x |
| Wed, 20 Mar 2024 | ₪37.9b | ₪61.5b | ₪2.0b | 13.7x | 18.9x | 0.6x |
| Fri, 16 Feb 2024 | ₪36.1b | ₪61.5b | ₪2.0b | 13x | 18x | 0.6x |
| Sun, 14 Jan 2024 | ₪37.5b | ₪61.4b | ₪2.0b | 12x | 18.7x | 0.6x |
| Tue, 12 Dec 2023 | ₪36.5b | ₪61.3b | ₪2.0b | 11.7x | 18.5x | 0.6x |
| Thu, 09 Nov 2023 | ₪35.1b | ₪60.3b | ₪1.6b | 9.2x | 22x | 0.6x |
| Sat, 07 Oct 2023 | ₪37.9b | ₪60.3b | ₪1.6b | 9.8x | 23.7x | 0.6x |
| Mon, 04 Sep 2023 | ₪38.3b | ₪60.3b | ₪1.9b | 11.6x | 20.6x | 0.6x |
| Wed, 02 Aug 2023 | ₪40.1b | ₪59.1b | ₪2.4b | 13.1x | 16.6x | 0.7x |
| Fri, 30 Jun 2023 | ₪37.6b | ₪59.1b | ₪2.4b | 15.5x | 15.5x | 0.6x |
| Sun, 28 May 2023 | ₪38.8b | ₪57.8b | ₪2.7b | 11.4x | 14.2x | 0.7x |
| Tue, 25 Apr 2023 | ₪35.8b | ₪57.2b | ₪2.7b | 11.6x | 13.1x | 0.6x |
| Thu, 23 Mar 2023 | ₪37.0b | ₪55.3b | ₪3.2b | 9x | 11.5x | 0.7x |
| Sat, 18 Feb 2023 | ₪41.3b | ₪54.9b | ₪3.3b | 10.3x | 12.6x | 0.8x |
| Mon, 16 Jan 2023 | ₪44.3b | ₪54.2b | ₪3.2b | 11.2x | 13.7x | 0.8x |
| Wed, 14 Dec 2022 | ₪45.2b | ₪53.9b | ₪3.4b | 11.4x | 13.4x | 0.8x |
| Fri, 11 Nov 2022 | ₪50.2b | ₪52.9b | ₪3.3b | 16.7x | 15x | 0.9x |
| Sun, 09 Oct 2022 | ₪48.2b | ₪52.9b | ₪3.4b | 10.3x | 14.3x | 0.9x |
| Tue, 06 Sep 2022 | ₪50.0b | ₪52.7b | ₪3.2b | 14.7x | 15.5x | 0.9x |
| Thu, 04 Aug 2022 | ₪49.0b | ₪50.6b | ₪2.8b | 11.6x | 17.6x | 1x |
| Sat, 02 Jul 2022 | ₪47.0b | ₪50.6b | ₪2.8b | 13.5x | 16.8x | 0.9x |
| Mon, 30 May 2022 | ₪48.2b | ₪48.1b | ₪3.0b | 13.9x | 16x | 1x |
| Wed, 27 Apr 2022 | ₪56.2b | ₪47.4b | ₪3.0b | 14.4x | 18.7x | 1.2x |
| Fri, 25 Mar 2022 | ₪57.9b | ₪45.3b | ₪2.5b | 19x | 23.6x | 1.3x |
| Sun, 20 Feb 2022 | ₪54.6b | ₪45.2b | ₪2.4b | 20.1x | 22.7x | 1.2x |
| Tue, 18 Jan 2022 | ₪53.8b | ₪45.2b | ₪2.4b | 18.9x | 22.4x | 1.2x |
| Thu, 16 Dec 2021 | ₪47.4b | ₪45.2b | ₪2.4b | 15.8x | 19.7x | 1x |
| Sat, 13 Nov 2021 | ₪47.0b | ₪43.6b | ₪2.1b | 18.8x | 22.7x | 1.1x |
| Mon, 11 Oct 2021 | ₪43.7b | ₪43.6b | ₪2.1b | 16.6x | 21.1x | 1x |
| Wed, 08 Sep 2021 | ₪43.1b | ₪42.7b | ₪2.0b | 19.3x | 21.3x | 1x |
| Fri, 06 Aug 2021 | ₪42.3b | ₪42.6b | ₪2.0b | 22x | 21.2x | 1x |
| Mon, 10 May 2021 | ₪41.2b | ₪41.8b | ₪1.8b | 21.3x | 23x | 1x |
Price to Earnings Ratio
23x
Current Industry PE
- Investors are optimistic on the Israeli Construction industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 33.1x which is higher than its 3-year average PE of 18.5x.
- The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Construction industry have declined 16% per year over the last three years.
- Meanwhile revenues for these companies have grown 13% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Israeli Industrials industry?
| IL Market | 0.34% | |
| Industrials | 0.22% | |
| Construction | 0.31% | |
| Construction and Engineering | 0.31% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ASHG Ashtrom Group | ₪51.24 | 4.9% +₪241.0m | -3.3% | PE167.6x | |
| RMON Rimon Consulting & Management Services | ₪29.15 | 3.8% +₪38.2m | -2.2% | PE16.3x | |
| LEVI Meshulam Levinstein Contracting & Engineering | ₪296.30 | 1.1% +₪12.0m | 16.0% | PE18.2x | |
| LUZN Amos Luzon Development and Energy Group | ₪1.89 | 1.6% +₪11.7m | 35.2% | PE7.2x | |
| ELMR El-Mor Electric Installation & Services (1986) | ₪10.37 | 2.3% +₪8.3m | 16.1% | PE9.6x |
