Reported Earnings • May 25
First quarter 2026 earnings released: EPS: ₪0.55 (vs ₪0.37 in 1Q 2025) First quarter 2026 results: EPS: ₪0.55 (up from ₪0.37 in 1Q 2025). Revenue: ₪57.2m (up 13% from 1Q 2025). Net income: ₪6.97m (up 49% from 1Q 2025). Profit margin: 12% (up from 9.2% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₪17.92, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 21x in the Auto Components industry in Asia. Total returns to shareholders of 87% over the past three years. Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: ₪0.45 (vs ₪1.98 in FY 2024) Full year 2025 results: EPS: ₪0.45 (down from ₪1.98 in FY 2024). Revenue: ₪246.2m (down 1.7% from FY 2024). Net income: ₪5.74m (down 77% from FY 2024). Profit margin: 2.3% (down from 10% in FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. New Risk • Dec 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 57% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (353% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Market cap is less than US$100m (₪194.0m market cap, or US$59.9m). Reported Earnings • Nov 27
Third quarter 2025 earnings released: EPS: ₪0.74 (vs ₪0.90 in 3Q 2024) Third quarter 2025 results: EPS: ₪0.74 (down from ₪0.90 in 3Q 2024). Revenue: ₪70.4m (down 3.6% from 3Q 2024). Net income: ₪9.46m (down 17% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2025 earnings released: ₪1.02 loss per share (vs ₪0.33 profit in 2Q 2024) Second quarter 2025 results: ₪1.02 loss per share (down from ₪0.33 profit in 2Q 2024). Revenue: ₪51.2m (up 1.1% from 2Q 2024). Net loss: ₪13.0m (down 409% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Jun 30
E. Schnapp & Co. Works Ltd, Annual General Meeting, Aug 03, 2025 E. Schnapp & Co. Works Ltd, Annual General Meeting, Aug 03, 2025. Location: co. offices, Israel Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪17.25, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 20x in the Auto Components industry in Asia. Total returns to shareholders of 4.0% over the past three years. Reported Earnings • May 29
First quarter 2025 earnings released: EPS: ₪0.37 (vs ₪0.51 in 1Q 2024) First quarter 2025 results: EPS: ₪0.37 (down from ₪0.51 in 1Q 2024). Revenue: ₪50.7m (down 10% from 1Q 2024). Net income: ₪4.67m (down 28% from 1Q 2024). Profit margin: 9.2% (down from 11% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 26
Full year 2024 earnings released: EPS: ₪1.98 (vs ₪1.39 in FY 2023) Full year 2024 results: EPS: ₪1.98 (up from ₪1.39 in FY 2023). Revenue: ₪250.4m (down 24% from FY 2023). Net income: ₪25.2m (up 43% from FY 2023). Profit margin: 10% (up from 5.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₪16.12, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 20x in the Auto Components industry in Asia. Total loss to shareholders of 23% over the past three years. New Risk • Nov 24
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 6.5% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (₪193.3m market cap, or US$52.2m). Reported Earnings • Nov 23
Third quarter 2024 earnings released: EPS: ₪0.90 (vs ₪0.39 in 3Q 2023) Third quarter 2024 results: EPS: ₪0.90 (up from ₪0.39 in 3Q 2023). Revenue: ₪73.0m (down 16% from 3Q 2023). Net income: ₪11.4m (up 128% from 3Q 2023). Profit margin: 16% (up from 5.7% in 3Q 2023). The increase in margin was driven by lower expenses. 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 21% per year, which means it is performing significantly worse than earnings. Board Change • Nov 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. Director David Michael was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 26
E. Schnapp & Co. Works Ltd, Annual General Meeting, Sep 29, 2024 E. Schnapp & Co. Works Ltd, Annual General Meeting, Sep 29, 2024. Location: co. offices, Israel Reported Earnings • Aug 25
Second quarter 2024 earnings released: EPS: ₪0.33 (vs ₪0.13 in 2Q 2023) Second quarter 2024 results: EPS: ₪0.33 (up from ₪0.13 in 2Q 2023). Revenue: ₪50.6m (down 28% from 2Q 2023). Net income: ₪4.20m (up 159% from 2Q 2023). Profit margin: 8.3% (up from 2.3% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 27
Full year 2023 earnings released: EPS: ₪1.39 (vs ₪1.98 in FY 2022) Full year 2023 results: EPS: ₪1.39 (down from ₪1.98 in FY 2022). Revenue: ₪330.3m (down 29% from FY 2022). Net income: ₪17.6m (down 30% from FY 2022). Profit margin: 5.3% (down from 5.4% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year. Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₪11.27, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 20x in the Auto Components industry in Asia. Total returns to shareholders of 12% over the past three years. Reported Earnings • Nov 25
Third quarter 2023 earnings released: EPS: ₪0.39 (vs ₪0.48 in 3Q 2022) Third quarter 2023 results: EPS: ₪0.39 (down from ₪0.48 in 3Q 2022). Revenue: ₪87.3m (down 26% from 3Q 2022). Net income: ₪4.98m (down 18% from 3Q 2022). Profit margin: 5.7% (up from 5.1% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • May 30
First quarter 2023 earnings released: EPS: ₪0.35 (vs ₪0.57 in 1Q 2022) First quarter 2023 results: EPS: ₪0.35 (down from ₪0.57 in 1Q 2022). Revenue: ₪120.2m (up 8.0% from 1Q 2022). Net income: ₪4.41m (down 39% from 1Q 2022). Profit margin: 3.7% (down from 6.5% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: ₪1.98 (vs ₪2.92 in FY 2021) Full year 2022 results: EPS: ₪1.98 (down from ₪2.92 in FY 2021). Revenue: ₪466.5m (flat on FY 2021). Net income: ₪25.2m (down 32% from FY 2021). Profit margin: 5.4% (down from 8.0% in FY 2021). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 27
Third quarter 2022 earnings released: EPS: ₪0.48 (vs ₪0.98 in 3Q 2021) Third quarter 2022 results: EPS: ₪0.48 (down from ₪0.98 in 3Q 2021). Revenue: ₪118.6m (down 1.9% from 3Q 2021). Net income: ₪6.06m (down 52% from 3Q 2021). Profit margin: 5.1% (down from 10% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 23
Second quarter 2022 earnings released: EPS: ₪0.42 (vs ₪0.59 in 2Q 2021) Second quarter 2022 results: EPS: ₪0.42 (down from ₪0.59 in 2Q 2021). Revenue: ₪106.9m (up 1.9% from 2Q 2021). Net income: ₪5.31m (down 29% from 2Q 2021). Profit margin: 5.0% (down from 7.1% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 28
First quarter 2022 earnings released First quarter 2022 results: Revenue: ₪111.3m (up 6.4% from 1Q 2021). Net income: ₪7.25m (down 6.9% from 1Q 2021). Profit margin: 6.5% (down from 7.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors 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. 2 highly experienced directors. Independent Chairman Avi Ortal was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 16% share price gain to ₪26.19, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 19x in the Auto Components industry in Asia. Total returns to shareholders of 80% over the past three years. Reported Earnings • Nov 27
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: ₪0.98 (up from ₪0.52 in 3Q 2020). Revenue: ₪120.9m (up 19% from 3Q 2020). Net income: ₪12.5m (up 90% from 3Q 2020). Profit margin: 10% (up from 6.4% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2021 earnings released: EPS ₪0.59 (vs ₪0.23 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₪104.9m (up 19% from 2Q 2020). Net income: ₪7.48m (up 152% from 2Q 2020). Profit margin: 7.1% (up from 3.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improved over the past week After last week's 17% share price gain to ₪19.50, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 23x in the Auto Components industry in Asia. Total loss to shareholders of 9.7% over the past three years. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS ₪1.78 (vs ₪1.37 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₪415.4m (down 8.2% from FY 2019). Net income: ₪22.6m (up ₪40.0m from FY 2019). Profit margin: 5.4% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 18
New 90-day high: ₪14.80 The company is up 43% from its price of ₪10.37 on 20 October 2020. The Israeli market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 16% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: ₪13.26 The company is up 34% from its price of ₪9.89 on 30 September 2020. The Israeli market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: ₪12.06 The company is up 9.0% from its price of ₪11.02 on 03 September 2020. The Israeli market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 11% over the same period.