Buy Or Sell Opportunity • Aug 21
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to ₪5.38. The fair value is estimated to be ₪4.36, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 34%. Reported Earnings • Aug 19
Second quarter 2025 earnings released Second quarter 2025 results: ₪0.11 loss per share. Revenue: ₪70.3m (down 5.5% from 2Q 2024). Net loss: ₪2.80m (loss widened ₪2.78m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Aankondiging • Jul 22
Rami Levi Chain Stores Hashikma Marketing 2006 Ltd (TASE:RMLI) proposed to acquire remaining 23.71% stake in Cofix Group Ltd (TASE:CFX) from Cybele Venture Capital for ILS 33 million. Rami Levi Chain Stores Hashikma Marketing 2006 Ltd (TASE:RMLI) proposed to acquire remaining 23.71% stake in Cofix Group Ltd (TASE:CFX) from Cybele Venture Capital for ILS 33 million on July 20, 2025. A cash consideration of ILS 4.45 per share will be paid by Rami Levi Chain Stores Hashikma Marketing 2006 Ltd.
The Offeror intends to finance the acquisition of the shares subject to this tender offer from its own resources. Buy Or Sell Opportunity • Jul 03
Now 20% undervalued Over the last 90 days, the stock has risen 8.7% to ₪4.55. The fair value is estimated to be ₪5.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 28%. Reported Earnings • Mar 27
Full year 2024 earnings released: ₪0.43 loss per share (vs ₪0.43 loss in FY 2023) Full year 2024 results: ₪0.43 loss per share (in line with FY 2023). Revenue: ₪299.6m (down 3.7% from FY 2023). Net loss: ₪3.39m (loss narrowed 69% from FY 2023). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Aankondiging • Mar 03
Cofix Group Ltd, Annual General Meeting, Mar 27, 2025 Cofix Group Ltd, Annual General Meeting, Mar 27, 2025. Location: co. offices, Israel Reported Earnings • Nov 27
Third quarter 2024 earnings released: ₪0.03 loss per share (vs ₪0.07 loss in 3Q 2023) Third quarter 2024 results: ₪0.03 loss per share (improved from ₪0.07 loss in 3Q 2023). Revenue: ₪76.9m (flat on 3Q 2023). Net loss: ₪711.0k (loss narrowed 61% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 20
Second quarter 2024 earnings released: ₪0.017 loss per share (vs ₪0.13 loss in 2Q 2023) Second quarter 2024 results: ₪0.017 loss per share (improved from ₪0.13 loss in 2Q 2023). Revenue: ₪74.3m (down 1.9% from 2Q 2023). Net loss: ₪15.0k (loss narrowed 100% from 2Q 2023). Profit margin: 0% (up from net loss in 2Q 2023). 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 12% per year, which means it is performing significantly worse than earnings. New Risk • Apr 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.3% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (₪126.6m market cap, or US$33.6m). Reported Earnings • Mar 28
Full year 2023 earnings released Full year 2023 results: Revenue: ₪311.0m (up 1.2% from FY 2022). Net loss: ₪10.8m (loss widened 9.4% from FY 2022). Aankondiging • Nov 30
Cofix Group Ltd, Annual General Meeting, Dec 28, 2023 Cofix Group Ltd, Annual General Meeting, Dec 28, 2023, at 11:00 Israel Standard Time. New Risk • Nov 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.7% 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 Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (₪71.7m market cap, or US$18.0m). Reported Earnings • Aug 18
Second quarter 2023 earnings released: ₪0.13 loss per share (vs ₪0.20 loss in 2Q 2022) Second quarter 2023 results: ₪0.13 loss per share (improved from ₪0.20 loss in 2Q 2022). Revenue: ₪75.8m (flat on 2Q 2022). Net loss: ₪3.14m (loss narrowed 30% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. New Risk • Jul 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.8% 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 Risk Earnings have declined by 3.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (₪115.0m market cap, or US$31.0m). Buying Opportunity • Jun 21
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be ₪5.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.2% over the last 3 years. Earnings per share has declined by 30%. Reported Earnings • Mar 25
Full year 2022 earnings released: ₪0.48 loss per share (vs ₪0.31 loss in FY 2021) Full year 2022 results: ₪0.48 loss per share (further deteriorated from ₪0.31 loss in FY 2021). Revenue: ₪307.3m (up 1.3% from FY 2021). Net loss: ₪9.89m (loss widened 67% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Chairman of the Board Ran Efrati was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 23
Second quarter 2022 earnings released Second quarter 2022 results: ₪0.20 loss per share. Revenue: ₪76.1m (flat on 2Q 2021). Net loss: ₪4.46m (loss widened ₪4.39m from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Jun 02
First quarter 2022 earnings released: ₪0.12 loss per share (vs ₪0.08 loss in 1Q 2021) First quarter 2022 results: ₪0.12 loss per share (down from ₪0.08 loss in 1Q 2021). Revenue: ₪74.0m (up 8.6% from 1Q 2021). Net loss: ₪2.40m (loss widened 44% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Chairman of the Board Ran Efrati was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 31
Full year 2021 earnings released: ₪0.31 loss per share (vs ₪0.36 loss in FY 2020) Full year 2021 results: ₪0.31 loss per share (up from ₪0.36 loss in FY 2020). Revenue: ₪303.4m (up 5.3% from FY 2020). Net loss: ₪5.92m (loss narrowed 37% from FY 2020). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 27
Full year 2020 earnings released: ₪0.36 loss per share (vs ₪0.37 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: ₪288.1m (up 5.3% from FY 2019). Net loss: ₪9.34m (loss narrowed 2.9% from FY 2019). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 14
New 90-day high: ₪7.54 The company is up 131% from its price of ₪3.27 on 14 October 2020. The Israeli market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 39% over the same period. Is New 90 Day High Low • Dec 22
New 90-day high: ₪5.86 The company is up 92% from its price of ₪3.06 on 22 September 2020. The Israeli market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 33% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: ₪5.48 The company is up 70% from its price of ₪3.23 on 08 September 2020. The Israeli market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 24% over the same period. Reported Earnings • Nov 19
Third quarter 2020 earnings released: ₪0.04 loss per share The company reported a soft third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: ₪74.0m (up 4.2% from 3Q 2019). Net loss: ₪921.0k (loss widened 220% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 19
New 90-day high: ₪4.50 The company is up 53% from its price of ₪2.94 on 20 August 2020. The Israeli market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 23% over the same period. Is New 90 Day High Low • Nov 04
New 90-day high: ₪3.43 The company is up 30% from its price of ₪2.63 on 06 August 2020. The Israeli market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 18% over the same period. Is New 90 Day High Low • Oct 07
New 90-day high: ₪3.43 The company is up 15% from its price of ₪2.99 on 09 July 2020. The Israeli market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 22% over the same period.