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Averbuch Formica Center TASE:AVER Stock Report

Last Price

₪11.97

Market Cap

₪84.1m

7D

-6.4%

1Y

-67.0%

Updated

21 Apr, 2024

Data

Company Financials

Averbuch Formica Center Ltd.

TASE:AVER Stock Report

Market Cap: ₪84.1m

AVER Stock Overview

Averbuch Formica Center Ltd., through its subsidiaries, produces, markets, and trades in raw materials for wood and by products and furniture industry in Israel.

AVER fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends3/6

Averbuch Formica Center Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Averbuch Formica Center
Historical stock prices
Current Share Price₪11.97
52 Week High₪40.00
52 Week Low₪11.14
Beta-0.20
1 Month Change-4.24%
3 Month Change-16.88%
1 Year Change-66.99%
3 Year Change-38.24%
5 Year Change-41.35%
Change since IPO210.10%

Recent News & Updates

Here's Why Averbuch Formica Center (TLV:AVER) Can Afford Some Debt

Sep 28
Here's Why Averbuch Formica Center (TLV:AVER) Can Afford Some Debt

Recent updates

Here's Why Averbuch Formica Center (TLV:AVER) Can Afford Some Debt

Sep 28
Here's Why Averbuch Formica Center (TLV:AVER) Can Afford Some Debt

Does Averbuch Formica Center (TLV:AVER) Have A Healthy Balance Sheet?

Jun 05
Does Averbuch Formica Center (TLV:AVER) Have A Healthy Balance Sheet?

The Market Lifts Averbuch Formica Center Ltd. (TLV:AVER) Shares 28% But It Can Do More

Jun 02
The Market Lifts Averbuch Formica Center Ltd. (TLV:AVER) Shares 28% But It Can Do More

Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?

May 02
Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?

Averbuch Formica Center (TLV:AVER) Is Looking To Continue Growing Its Returns On Capital

Jan 09
Averbuch Formica Center (TLV:AVER) Is Looking To Continue Growing Its Returns On Capital

Estimating The Fair Value Of Averbuch Formica Center Ltd. (TLV:AVER)

Jun 29
Estimating The Fair Value Of Averbuch Formica Center Ltd. (TLV:AVER)

Returns On Capital At Averbuch Formica Center (TLV:AVER) Have Stalled

Jun 02
Returns On Capital At Averbuch Formica Center (TLV:AVER) Have Stalled

Averbuch Formica Center (TLV:AVER) Strong Profits May Be Masking Some Underlying Issues

Mar 28
Averbuch Formica Center (TLV:AVER) Strong Profits May Be Masking Some Underlying Issues

Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?

Mar 24
Is Averbuch Formica Center (TLV:AVER) Using Too Much Debt?

Returns On Capital Tell Us A Lot About Averbuch Formica Center (TLV:AVER)

Feb 14
Returns On Capital Tell Us A Lot About Averbuch Formica Center (TLV:AVER)

It Might Not Be A Great Idea To Buy Averbuch Formica Center Ltd. (TLV:AVER) For Its Next Dividend

Dec 22
It Might Not Be A Great Idea To Buy Averbuch Formica Center Ltd. (TLV:AVER) For Its Next Dividend

These 4 Measures Indicate That Averbuch Formica Center (TLV:AVER) Is Using Debt Extensively

Dec 20
These 4 Measures Indicate That Averbuch Formica Center (TLV:AVER) Is Using Debt Extensively

Shareholder Returns

AVERIL Trade DistributorsIL Market
7D-6.4%5.8%0.3%
1Y-67.0%3.0%11.6%

Return vs Industry: AVER underperformed the IL Trade Distributors industry which returned 0.4% over the past year.

Return vs Market: AVER underperformed the IL Market which returned 9.8% over the past year.

Price Volatility

Is AVER's price volatile compared to industry and market?
AVER volatility
AVER Average Weekly Movement5.9%
Trade Distributors Industry Average Movement4.2%
Market Average Movement4.4%
10% most volatile stocks in IL Market8.4%
10% least volatile stocks in IL Market3.1%

Stable Share Price: AVER has not had significant price volatility in the past 3 months.

Volatility Over Time: AVER's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of IL stocks.

About the Company

FoundedEmployeesCEOWebsite
1958158Simcha Averbuchwww.averbuch.co.il

Averbuch Formica Center Ltd., through its subsidiaries, produces, markets, and trades in raw materials for wood and by products and furniture industry in Israel. The company offers wood products, including plywood and coated plywood, shades and textures, hard wood and solid wood, medium density fiberboard, particle and coated particleboard, kits for assembling kitchens, kitchen and furniture doors, and acoustic ceilings. It also distributes flooring and related equipment, such as solid wood parquet, three layer and multi-layer wood parquet, wooden beams, laminated parquet, and wall cladding panels.

Averbuch Formica Center Ltd. Fundamentals Summary

How do Averbuch Formica Center's earnings and revenue compare to its market cap?
AVER fundamental statistics
Market cap₪84.07m
Earnings (TTM)-₪2.87m
Revenue (TTM)₪17.68m

4.8x

P/S Ratio

-29.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AVER income statement (TTM)
Revenue₪17.68m
Cost of Revenue₪10.94m
Gross Profit₪6.75m
Other Expenses₪9.62m
Earnings-₪2.87m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.41
Gross Margin38.16%
Net Profit Margin-16.26%
Debt/Equity Ratio14.7%

How did AVER perform over the long term?

See historical performance and comparison

Dividends

17.9%

Current Dividend Yield

n/a

Payout Ratio
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