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SHNP

E. Schnapp WorksTASE:SHNP Stock Report

Market Cap

₪330.8m

7D

14.6%

1Y

119.7%

Updated

27 Nov, 2021

Data

Company Financials
SHNP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

SHNP Stock Overview

E. Schnapp & Co. Works Ltd manufactures and sells batteries for vehicles in Israel and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for E. Schnapp Works
Historical stock prices
Current Share Price₪26.06
52 Week High₪26.98
52 Week Low₪11.51
Beta1.2
1 Month Change29.07%
3 Month Change30.96%
1 Year Change119.73%
3 Year Change52.04%
5 Year Change-4.93%
Change since IPO237.52%

Recent News & Updates

Nov 27
Even With A 31% Surge Cautious Investors Are Not Rewarding E. Schnapp & Co. Works Ltd's (TLV:SHNP) Performance Completely

Even With A 31% Surge Cautious Investors Are Not Rewarding E. Schnapp & Co. Works Ltd's (TLV:SHNP) Performance Completely

E. Schnapp & Co. Works Ltd ( TLV:SHNP ) shareholders have had their patience rewarded with a 31% share price jump in...

May 14
Is E. Schnapp Works (TLV:SHNP) Using Too Much Debt?

Is E. Schnapp Works (TLV:SHNP) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Mar 31
E. Schnapp Works (TLV:SHNP) Is Posting Promising Earnings But The Good News Doesn’t Stop There

E. Schnapp Works (TLV:SHNP) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Investors signalled that they were pleased with E. Schnapp & Co. Works Ltd's ( TLV:SHNP ) most recent earnings report...

Shareholder Returns

SHNPIL Auto ComponentsIL Market
7D14.6%-1.2%-0.08%
1Y119.7%21.2%38.7%

Return vs Industry: SHNP exceeded the IL Auto Components industry which returned 21.2% over the past year.

Return vs Market: SHNP exceeded the IL Market which returned 38.7% over the past year.

Price Volatility

Is SHNP's price volatile compared to industry and market?
SHNP volatility
SHNP Average Weekly Movement4.5%
Auto Components Industry Average Movement5.2%
Market Average Movement4.4%
10% most volatile stocks in IL Market8.2%
10% least volatile stocks in IL Market2.7%

Stable Share Price: SHNP is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SHNP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1951348Uri Rosensheinhttps://www.schnapp.co.il

E. Schnapp & Co. Works Ltd manufactures and sells batteries for vehicles in Israel and internationally. The company offers car, start and stop, motorcycle, and ATV batteries; solar fire detection UPS backup batteries; washer batteries; and chargers and battery testers, as well as batteries for level stages, scooters and electric vehicles, trucks, and caravans and boats. It serves various government ministries, the Ministry of Defense, IDF, military and air industries, and Israeli ports; and electricity, bus, and rental and leasing companies, as well as companies that import cars to Israel.

E. Schnapp Works Fundamentals Summary

How do E. Schnapp Works's earnings and revenue compare to its market cap?
SHNP fundamental statistics
Market Cap₪330.83m
Earnings (TTM)₪36.59m
Revenue (TTM)₪453.29m

9.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SHNP income statement (TTM)
Revenue₪453.29m
Cost of Revenue₪328.77m
Gross Profit₪124.53m
Expenses₪87.94m
Earnings₪36.59m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.88
Gross Margin27.47%
Net Profit Margin8.07%
Debt/Equity Ratio35.2%

How did SHNP perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

41%

Payout Ratio

Valuation

Is E. Schnapp Works undervalued compared to its fair value and its price relative to the market?

9.04x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SHNP (₪26.06) is trading above our estimate of fair value (₪22.77)

Significantly Below Fair Value: SHNP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SHNP is good value based on its PE Ratio (9x) compared to the Asian Auto Components industry average (19.3x).

PE vs Market: SHNP is good value based on its PE Ratio (9x) compared to the IL market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SHNP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SHNP is overvalued based on its PB Ratio (1.7x) compared to the XA Auto Components industry average (1.5x).


Future Growth

How is E. Schnapp Works forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.4%

Forecasted Automobiles industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as E. Schnapp Works has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has E. Schnapp Works performed over the past 5 years?

-6.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SHNP has high quality earnings.

Growing Profit Margin: SHNP's current net profit margins (8.1%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: SHNP's earnings have declined by 6.6% per year over the past 5 years.

Accelerating Growth: SHNP's earnings growth over the past year (113.8%) exceeds its 5-year average (-6.6% per year).

Earnings vs Industry: SHNP earnings growth over the past year (113.8%) exceeded the Auto Components industry 48.2%.


Return on Equity

High ROE: SHNP's Return on Equity (16.1%) is considered low.


Financial Health

How is E. Schnapp Works's financial position?


Financial Position Analysis

Short Term Liabilities: SHNP's short term assets (₪326.5M) exceed its short term liabilities (₪173.4M).

Long Term Liabilities: SHNP's short term assets (₪326.5M) exceed its long term liabilities (₪64.9M).


Debt to Equity History and Analysis

Debt Level: SHNP's net debt to equity ratio (32%) is considered satisfactory.

Reducing Debt: SHNP's debt to equity ratio has reduced from 58.1% to 35.2% over the past 5 years.

Debt Coverage: SHNP's debt is well covered by operating cash flow (37.2%).

Interest Coverage: SHNP's interest payments on its debt are well covered by EBIT (25.7x coverage).


Balance Sheet


Dividend

What is E. Schnapp Works's current dividend yield, its reliability and sustainability?

4.53%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SHNP's dividend (4.53%) is higher than the bottom 25% of dividend payers in the IL market (1.76%).

High Dividend: SHNP's dividend (4.53%) is low compared to the top 25% of dividend payers in the IL market (5.06%).


Stability and Growth of Payments

Stable Dividend: SHNP's dividend payments have been volatile in the past 10 years.

Growing Dividend: SHNP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41%), SHNP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.5yrs

Average management tenure


CEO

Uri Rosenshein (75 yo)

33.08yrs

Tenure

₪2,169,000

Compensation

Mr. Uriel Rosenshein, also known as Uri, has been the Chief Executive Officer of E. Schnapp & Co. Works Ltd. since October 1988 and its Director since April 30, 1978.


CEO Compensation Analysis

Compensation vs Market: Uri's total compensation ($USD680.66K) is above average for companies of similar size in the IL market ($USD415.00K).

Compensation vs Earnings: Uri's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SHNP's management team is seasoned and experienced (8.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

E. Schnapp & Co. Works Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: E. Schnapp & Co. Works Ltd
  • Ticker: SHNP
  • Exchange: TASE
  • Founded: 1951
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: ₪330.829m
  • Shares outstanding: 12.69m
  • Website: https://www.schnapp.co.il

Number of Employees


Location

  • E. Schnapp & Co. Works Ltd
  • 22 Schechterman Street
  • Old Industrial Area
  • Netanya
  • 4237922
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 17:16
End of Day Share Price2021/11/25 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.