Declared Dividend • Mar 27
Dividend increased to ₪0.90 Dividend of ₪0.90 is 25% higher than last year. Ex-date: 6th April 2026 Payment date: 15th April 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (28% 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 7.0% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 69% to shift the payout ratio to a potentially unsustainable range, which is more than the 11% EPS decline seen over the last 5 years. Announcement • Mar 26
Ashtrom Group Ltd. announces Annual dividend, payable on April 15, 2026 Ashtrom Group Ltd. announced Annual dividend of ILS 0.8966 per share payable on April 15, 2026, ex-date on April 06, 2026 and record date on April 06, 2026. Announcement • Feb 19
Ashtrom Group Ltd. to Report Q4, 2025 Results on Mar 25, 2026 Ashtrom Group Ltd. announced that they will report Q4, 2025 results on Mar 25, 2026 Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₪80.90, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 31x in the Construction industry in Israel. Total returns to shareholders of 29% over the past three years. Reported Earnings • Nov 25
Third quarter 2025 earnings released: EPS: ₪0.30 (vs ₪0.08 in 3Q 2024) Third quarter 2025 results: EPS: ₪0.30 (up from ₪0.08 in 3Q 2024). Revenue: ₪1.18b (up 8.1% from 3Q 2024). Net income: ₪33.7m (up 339% from 3Q 2024). Profit margin: 2.9% (up from 0.7% in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Nov 03
Ashtrom Group Ltd. to Report Q3, 2025 Results on Nov 23, 2025 Ashtrom Group Ltd. announced that they will report Q3, 2025 results at 9:46 AM, Israel Standard Time on Nov 23, 2025 Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₪80.98, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 34x in the Construction industry in Israel. Total returns to shareholders of 14% over the past three years. New Risk • Oct 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 6.5% 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: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: ₪0.83 (vs ₪0.06 in 2Q 2024) Second quarter 2025 results: EPS: ₪0.83 (up from ₪0.06 in 2Q 2024). Revenue: ₪1.11b (up 4.1% from 2Q 2024). Net income: ₪93.0m (up ₪86.9m from 2Q 2024). Profit margin: 8.4% (up from 0.6% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • Aug 04
Ashtrom Group Ltd. to Report Q2, 2025 Results on Aug 27, 2025 Ashtrom Group Ltd. announced that they will report Q2, 2025 results on Aug 27, 2025 New Risk • Jul 07
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 6.3% 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 Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₪65.85, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 19x in the Construction industry in Israel. Total loss to shareholders of 5.3% over the past three years. Reported Earnings • May 29
First quarter 2025 earnings released: EPS: ₪0.03 (vs ₪0.06 in 1Q 2024) First quarter 2025 results: EPS: ₪0.03 (down from ₪0.06 in 1Q 2024). Revenue: ₪1.15b (up 3.5% from 1Q 2024). Net income: ₪2.81m (down 50% from 1Q 2024). Profit margin: 0.2% (down from 0.5% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • May 29
Ashtrom Group Ltd., Annual General Meeting, Jul 03, 2025 Ashtrom Group Ltd., Annual General Meeting, Jul 03, 2025. Location: co. offices, Israel Buy Or Sell Opportunity • Apr 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to ₪52.18. The fair value is estimated to be ₪65.26, 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 declined by 79%. Reported Earnings • Mar 27
Full year 2024 earnings released: EPS: ₪1.67 (vs ₪0.31 in FY 2023) Full year 2024 results: EPS: ₪1.67 (up from ₪0.31 in FY 2023). Revenue: ₪4.46b (down 7.5% from FY 2023). Net income: ₪169.7m (up 448% from FY 2023). Profit margin: 3.8% (up from 0.6% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Mar 27
Ashtrom Group Ltd. announces Annual dividend, payable on April 10, 2025 Ashtrom Group Ltd. announced Annual dividend of ILS 0.7177 per share payable on April 10, 2025, ex-date on April 02, 2025 and record date on April 02, 2025. Announcement • Mar 26
Ashtrom Group Ltd. to Report Q4, 2024 Results on Mar 30, 2025 Ashtrom Group Ltd. announced that they will report Q4, 2024 results on Mar 30, 2025 Reported Earnings • Nov 28
Third quarter 2024 earnings released: EPS: ₪0.08 (vs ₪0.22 in 3Q 2023) Third quarter 2024 results: EPS: ₪0.08 (down from ₪0.22 in 3Q 2023). Revenue: ₪1.09b (down 15% from 3Q 2023). Net income: ₪7.67m (down 65% from 3Q 2023). Profit margin: 0.7% (down from 1.7% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Announcement • Nov 05
Ashtrom Group Ltd. to Report Q3, 2024 Results on Nov 27, 2024 Ashtrom Group Ltd. announced that they will report Q3, 2024 results on Nov 27, 2024 Reported Earnings • Aug 27
Second quarter 2024 earnings released: EPS: ₪0.06 (vs ₪1.15 in 2Q 2023) Second quarter 2024 results: EPS: ₪0.06 (down from ₪1.15 in 2Q 2023). Revenue: ₪1.07b (down 15% from 2Q 2023). Net income: ₪6.08m (down 95% from 2Q 2023). Profit margin: 0.6% (down from 9.2% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Aug 25
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 1.8% to ₪47.33. The fair value is estimated to be ₪39.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company became loss making. Announcement • Aug 13
Ashtrom Group Ltd. to Report Q2, 2024 Results on Sep 02, 2024 Ashtrom Group Ltd. announced that they will report Q2, 2024 results on Sep 02, 2024 Buy Or Sell Opportunity • Aug 06
Now 20% overvalued Over the last 90 days, the stock has fallen 7.8% to ₪47.34. The fair value is estimated to be ₪39.33, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jul 05
Ashtrom Group Ltd., Annual General Meeting, Aug 07, 2024 Ashtrom Group Ltd., Annual General Meeting, Aug 07, 2024. Location: co. offices, Israel Buy Or Sell Opportunity • Jul 01
Now 20% overvalued Over the last 90 days, the stock has fallen 18% to ₪43.28. The fair value is estimated to be ₪36.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 27
Now 21% overvalued Over the last 90 days, the stock has fallen 20% to ₪43.66. The fair value is estimated to be ₪36.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jun 03
Now 20% overvalued Over the last 90 days, the stock has fallen 17% to ₪48.18. The fair value is estimated to be ₪40.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 29
First quarter 2024 earnings released: EPS: ₪0.06 (vs ₪0.46 in 1Q 2023) First quarter 2024 results: EPS: ₪0.06 (down from ₪0.46 in 1Q 2023). Revenue: ₪1.11b (down 11% from 1Q 2023). Net income: ₪5.59m (down 88% from 1Q 2023). Profit margin: 0.5% (down from 3.7% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • May 22
Ashtrom Group Ltd. to Report Q1, 2024 Results on Jun 02, 2024 Ashtrom Group Ltd. announced that they will report Q1, 2024 results on Jun 02, 2024 Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: ₪0.31 (vs ₪9.20 in FY 2022) Full year 2023 results: EPS: ₪0.31 (down from ₪9.20 in FY 2022). Revenue: ₪4.82b (down 6.5% from FY 2022). Net income: ₪31.0m (down 97% from FY 2022). Profit margin: 0.6% (down from 18% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 22
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at ₪58.67. The fair value is estimated to be ₪47.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 2.9%. Announcement • Mar 05
Ashtrom Group Ltd. to Report Q4, 2023 Results on Mar 27, 2024 Ashtrom Group Ltd. announced that they will report Q4, 2023 results at 12:46 PM, Israel Standard Time on Mar 27, 2024 Buy Or Sell Opportunity • Feb 26
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.7% to ₪58.65. The fair value is estimated to be ₪48.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 2.9%. Buy Or Sell Opportunity • Jan 20
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 29% to ₪55.07. The fair value is estimated to be ₪45.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 2.9%. Reported Earnings • Dec 02
Third quarter 2023 earnings released: EPS: ₪0.22 (vs ₪1.18 in 3Q 2022) Third quarter 2023 results: EPS: ₪0.22 (down from ₪1.18 in 3Q 2022). Revenue: ₪1.29b (down 6.3% from 3Q 2022). Net income: ₪22.2m (down 81% from 3Q 2022). Profit margin: 1.7% (down from 8.7% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year. Announcement • Nov 20
Ashtrom Group Ltd. to Report Q3, 2023 Results on Nov 29, 2023 Ashtrom Group Ltd. announced that they will report Q3, 2023 results on Nov 29, 2023 Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₪47.14, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 9x in the Construction industry in Israel. Total returns to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₪44.46, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 9x in the Construction industry in Israel. Total returns to shareholders of 21% over the past three years. Announcement • Sep 18
Ashtrom Group Ltd.(TASE:ASHG) dropped from FTSE All-World Index (USD) Ashtrom Group Ltd.(TASE:ASHG) dropped from FTSE All-World Index (USD) Reported Earnings • Aug 27
Second quarter 2023 earnings released: EPS: ₪1.15 (vs ₪2.90 in 2Q 2022) Second quarter 2023 results: EPS: ₪1.15 (down from ₪2.90 in 2Q 2022). Revenue: ₪1.26b (up 1.6% from 2Q 2022). Net income: ₪116.2m (down 60% from 2Q 2022). Profit margin: 9.2% (down from 24% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 27
First quarter 2023 earnings released: EPS: ₪0.46 (vs ₪1.39 in 1Q 2022) First quarter 2023 results: EPS: ₪0.46 (down from ₪1.39 in 1Q 2022). Revenue: ₪1.25b (up 1.9% from 1Q 2022). Net income: ₪46.9m (down 67% from 1Q 2022). Profit margin: 3.7% (down from 11% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • May 25
Ashtrom Group Ltd. to Report Q1, 2023 Results on May 29, 2023 Ashtrom Group Ltd. announced that they will report Q1, 2023 results on May 29, 2023 Reported Earnings • Mar 25
Full year 2022 earnings released: EPS: ₪9.20 (vs ₪12.20 in FY 2021) Full year 2022 results: EPS: ₪9.20 (down from ₪12.20 in FY 2021). Revenue: ₪5.15b (up 15% from FY 2021). Net income: ₪930.8m (down 24% from FY 2021). Profit margin: 18% (down from 28% in FY 2021). 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. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₪59.05, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 9x in the Construction industry in Israel. Total returns to shareholders of 80% over the past three years. Reported Earnings • Nov 26
Third quarter 2022 earnings released: EPS: ₪1.18 (vs ₪0.88 in 3Q 2021) Third quarter 2022 results: EPS: ₪1.18 (up from ₪0.88 in 3Q 2021). Revenue: ₪1.37b (up 31% from 3Q 2021). Net income: ₪119.0m (up 34% from 3Q 2021). Profit margin: 8.7% (up from 8.5% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Nov 23
Ashtrom Group Ltd. to Report Q3, 2022 Results on Nov 23, 2022 Ashtrom Group Ltd. announced that they will report Q3, 2022 results on Nov 23, 2022 Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. 1 independent director (7 non-independent directors). Independent Outside Director Gabi Heller was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Sep 18
Now 20% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be ₪97.31, 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 29%. Reported Earnings • Sep 01
Second quarter 2022 earnings released: EPS: ₪2.90 (vs ₪1.61 in 2Q 2021) Second quarter 2022 results: EPS: ₪2.90 (up from ₪1.61 in 2Q 2021). Revenue: ₪1.24b (up 12% from 2Q 2021). Net income: ₪293.5m (up 81% from 2Q 2021). Profit margin: 24% (up from 15% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. No independent directors (9 non-independent directors). Director Gabi Heller was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 29
Upcoming dividend of ₪1.98 per share Eligible shareholders must have bought the stock before 05 April 2022. Payment date: 13 April 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Israeli dividend payers (5.3%). Higher than average of industry peers (1.4%). Upcoming Dividend • Nov 29
Upcoming dividend of ₪0.99 per share Eligible shareholders must have bought the stock before 06 December 2021. Payment date: 14 December 2021. Trailing yield: 3.9%. Lower than top quartile of Israeli dividend payers (5.0%). Higher than average of industry peers (1.7%). Reported Earnings • Nov 26
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: ₪0.88 (down from ₪1.15 in 3Q 2020). Revenue: ₪1.05b (down 9.9% from 3Q 2020). Net income: ₪89.1m (down 6.7% from 3Q 2020). Profit margin: 8.5% (up from 8.2% in 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS ₪1.61 (vs ₪0.85 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₪1.11b (up 1.6% from 2Q 2020). Net income: ₪162.4m (up 130% from 2Q 2020). Profit margin: 15% (up from 6.5% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.