Aankondiging • Apr 21
Ackerstein Group Ltd, Annual General Meeting, May 25, 2026 Ackerstein Group Ltd, Annual General Meeting, May 25, 2026. Location: co. offices, Israel New Risk • Apr 09
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: Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (7.1% net profit margin). New Risk • Mar 18
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.1% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.1% net profit margin). Declared Dividend • Mar 18
Dividend reduced to ₪0.17 Dividend of ₪0.17 is 0.1% lower than last year. Ex-date: 23rd March 2026 Payment date: 6th April 2026 Dividend yield will be 2.1%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 19% per year over the past 4 years and payments have been stable during that time. The company's earnings per share (EPS) would need to decline by 40% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.4% EPS decline seen over the last 5 years. Aankondiging • Mar 17
Ackerstein Group Ltd announces Annual dividend, payable on April 06, 2026 Ackerstein Group Ltd announced Annual dividend of ILS 0.1733 per share payable on April 06, 2026, ex-date on March 23, 2026 and record date on March 23, 2026. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₪8.30, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 15x in the Basic Materials industry in Asia. Total returns to shareholders of 161% over the past three years. Aankondiging • Feb 17
Ackerstein Group Ltd to Report Q4, 2025 Results on Mar 16, 2026 Ackerstein Group Ltd announced that they will report Q4, 2025 results on Mar 16, 2026 Reported Earnings • Nov 26
Third quarter 2025 earnings released: EPS: ₪0.063 (vs ₪0.20 in 3Q 2024) Third quarter 2025 results: EPS: ₪0.063 (down from ₪0.20 in 3Q 2024). Revenue: ₪238.3m (down 5.7% from 3Q 2024). Net income: ₪18.1m (down 69% from 3Q 2024). Profit margin: 7.6% (down from 23% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Oct 28
Ackerstein Group Ltd to Report Q3, 2025 Results on Nov 25, 2025 Ackerstein Group Ltd announced that they will report Q3, 2025 results on Nov 25, 2025 Aankondiging • Aug 22
Ackerstein Group Ltd, Annual General Meeting, Sep 25, 2025 Ackerstein Group Ltd, Annual General Meeting, Sep 25, 2025. Location: company offices, Israel Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: ₪0.057 (vs ₪0.05 in 2Q 2024) Second quarter 2025 results: EPS: ₪0.057 (up from ₪0.05 in 2Q 2024). Revenue: ₪223.6m (up 4.3% from 2Q 2024). Net income: ₪16.4m (up 14% from 2Q 2024). Profit margin: 7.3% (up from 6.7% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 19% per year. Aankondiging • Jul 29
Ackerstein Group Ltd to Report Q2, 2025 Results on Aug 18, 2025 Ackerstein Group Ltd announced that they will report Q2, 2025 results on Aug 18, 2025 Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪8.59, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 16x in the Basic Materials industry in Asia. Total returns to shareholders of 110% over the past three years. Reported Earnings • May 22
First quarter 2025 earnings released: EPS: ₪0.075 (vs ₪0.053 in 1Q 2024) First quarter 2025 results: EPS: ₪0.075 (up from ₪0.053 in 1Q 2024). Revenue: ₪230.5m (up 19% from 1Q 2024). Net income: ₪21.6m (up 42% from 1Q 2024). Profit margin: 9.4% (up from 7.8% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. New Risk • May 19
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 6.4% 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: Minor Risks Dividend is not well covered by cash flows (108% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Aankondiging • May 11
Ackerstein Group Ltd to Report Q1, 2025 Results on May 21, 2025 Ackerstein Group Ltd announced that they will report Q1, 2025 results on May 21, 2025 New Risk • Mar 23
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 108% Dividend yield: 2.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Minor Risks Dividend is not well covered by cash flows (108% cash payout ratio). Large one-off items impacting financial results. Declared Dividend • Mar 15
Dividend of ₪0.17 announced Shareholders will receive a dividend of ₪0.17. Ex-date: 20th March 2025 Payment date: 2nd April 2025 Dividend yield will be 2.3%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 17% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 7.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 14
Full year 2024 earnings released: EPS: ₪0.43 (vs ₪0.33 in FY 2023) Full year 2024 results: EPS: ₪0.43 (up from ₪0.33 in FY 2023). Revenue: ₪902.4m (down 13% from FY 2023). Net income: ₪123.4m (up 32% from FY 2023). Profit margin: 14% (up from 9.0% in FY 2023). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 26% per year. Aankondiging • Mar 13
Ackerstein Group Ltd announces Annual dividend, payable on April 02, 2025 Ackerstein Group Ltd announced Annual dividend of ILS 0.1736 per share payable on April 02, 2025, ex-date on March 20, 2025 and record date on March 20, 2025. Aankondiging • Mar 03
Ackerstein Group Ltd to Report Q4, 2024 Results on Mar 12, 2025 Ackerstein Group Ltd announced that they will report Q4, 2024 results on Mar 12, 2025 New Risk • Dec 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₪8.10, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 17x in the Basic Materials industry in Asia. Total returns to shareholders of 137% over the past three years. New Risk • Nov 03
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 5.1% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: ₪0.05 (vs ₪0.066 in 2Q 2023) Second quarter 2024 results: EPS: ₪0.05 (down from ₪0.066 in 2Q 2023). Revenue: ₪214.4m (down 17% from 2Q 2023). Net income: ₪14.4m (down 24% from 2Q 2023). Profit margin: 6.7% (down from 7.3% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 10
Ackerstein Group Ltd, Annual General Meeting, Aug 19, 2024 Ackerstein Group Ltd, Annual General Meeting, Aug 19, 2024. Location: co. offices, Israel Reported Earnings • Jun 04
First quarter 2024 earnings released: EPS: ₪0.053 (vs ₪0.075 in 1Q 2023) First quarter 2024 results: EPS: ₪0.053 (down from ₪0.075 in 1Q 2023). Revenue: ₪194.1m (down 24% from 1Q 2023). Net income: ₪15.2m (down 29% from 1Q 2023). Profit margin: 7.8% (down from 8.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Mar 13
Full year 2023 earnings released: EPS: ₪0.33 (vs ₪0.26 in FY 2022) Full year 2023 results: EPS: ₪0.33 (up from ₪0.26 in FY 2022). Revenue: ₪1.04b (up 33% from FY 2022). Net income: ₪93.5m (up 24% from FY 2022). Profit margin: 9.0% (in line with FY 2022). Aankondiging • Mar 11
Ackerstein Group Ltd to Report Q4, 2023 Results on Mar 12, 2024 Ackerstein Group Ltd announced that they will report Q4, 2023 results on Mar 12, 2024 Reported Earnings • Nov 30
Third quarter 2023 earnings released: EPS: ₪0.073 (vs ₪0.051 in 3Q 2022) Third quarter 2023 results: EPS: ₪0.073 (up from ₪0.051 in 3Q 2022). Revenue: ₪271.2m (up 19% from 3Q 2022). Net income: ₪20.9m (up 43% from 3Q 2022). Profit margin: 7.7% (up from 6.4% in 3Q 2022). Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: ₪0.066 (vs ₪0.03 in 2Q 2022) Second quarter 2023 results: EPS: ₪0.066 (up from ₪0.03 in 2Q 2022). Revenue: ₪259.6m (up 41% from 2Q 2022). Net income: ₪18.9m (up 116% from 2Q 2022). Profit margin: 7.3% (up from 4.7% in 2Q 2022). Reported Earnings • May 30
First quarter 2023 earnings released: EPS: ₪0.075 (vs ₪0.034 in 1Q 2022) First quarter 2023 results: EPS: ₪0.075 (up from ₪0.034 in 1Q 2022). Revenue: ₪254.5m (up 50% from 1Q 2022). Net income: ₪21.5m (up 123% from 1Q 2022). Profit margin: 8.4% (up from 5.7% in 1Q 2022). Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: ₪0.26 (vs ₪0.22 in FY 2021) Full year 2022 results: EPS: ₪0.26 (up from ₪0.22 in FY 2021). Revenue: ₪782.3m (up 22% from FY 2021). Net income: ₪75.6m (up 25% from FY 2021). Profit margin: 9.7% (in line with FY 2021). Reported Earnings • Dec 01
Third quarter 2022 earnings released: EPS: ₪0.051 (vs ₪0.035 in 3Q 2021) Third quarter 2022 results: EPS: ₪0.051 (up from ₪0.035 in 3Q 2021). Revenue: ₪228.3m (up 41% from 3Q 2021). Net income: ₪14.6m (up 45% from 3Q 2021). Profit margin: 6.4% (up from 6.2% in 3Q 2021). Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Karin Ackerstein was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₪4.97, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 15x in the Basic Materials industry in Asia. Total returns to shareholders of 40% over the past year. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improved over the past week After last week's 18% share price gain to ₪5.14, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 16x in the Basic Materials industry in Asia.