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SKBN

Shikun & Binui TASE:SKBN Stock Report

Last Price

₪15.09

Market Cap

₪6.5b

7D

-3.0%

1Y

-28.4%

Updated

29 Jun, 2022

Data

Company Financials
SKBN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends0/6

SKBN Stock Overview

Shikun & Binui Ltd., together with its subsidiaries, engages in the infrastructure and construction, real estate development, concessions, energy, and other businesses in Israel and internationally.

Shikun & Binui Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shikun & Binui
Historical stock prices
Current Share Price₪15.09
52 Week High₪21.58
52 Week Low₪13.20
Beta0.86
1 Month Change-9.10%
3 Month Change-21.41%
1 Year Change-28.42%
3 Year Change42.76%
5 Year Change61.39%
Change since IPO205.16%

Recent News & Updates

May 19
Does Shikun & Binui (TLV:SKBN) Have A Healthy Balance Sheet?

Does Shikun & Binui (TLV:SKBN) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Jan 23
Here's Why Shikun & Binui (TLV:SKBN) Has A Meaningful Debt Burden

Here's Why Shikun & Binui (TLV:SKBN) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Oct 05
Here's Why Shikun & Binui (TLV:SKBN) Has A Meaningful Debt Burden

Here's Why Shikun & Binui (TLV:SKBN) Has A Meaningful Debt Burden

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

SKBNIL ConstructionIL Market
7D-3.0%4.2%1.6%
1Y-28.4%1.2%9.5%

Return vs Industry: SKBN underperformed the IL Construction industry which returned 1.9% over the past year.

Return vs Market: SKBN underperformed the IL Market which returned 9.5% over the past year.

Price Volatility

Is SKBN's price volatile compared to industry and market?
SKBN volatility
SKBN Average Weekly Movement6.4%
Construction Industry Average Movement5.9%
Market Average Movement5.6%
10% most volatile stocks in IL Market9.0%
10% least volatile stocks in IL Market3.6%

Stable Share Price: SKBN is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SKBN's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19208,529Tamir Cohenhttps://www.shikunbinui.com

Shikun & Binui Ltd., together with its subsidiaries, engages in the infrastructure and construction, real estate development, concessions, energy, and other businesses in Israel and internationally. It engages in building and maintaining infrastructure projects, including government and public facilities, educational and cultural institutions, medical facilities, courthouses, etc.; and development, construction, and operation of power generation facilities using photovoltaic (PV) systems, natural gas, thermo-solar technology, and wind and hydro facilities. The company also undertakes roads, highways, bridges, and water and wastewater treatment plants projects; and digging of tunnels and underpasses, and other works.

Shikun & Binui Fundamentals Summary

How do Shikun & Binui's earnings and revenue compare to its market cap?
SKBN fundamental statistics
Market Cap₪6.49b
Earnings (TTM)₪104.17m
Revenue (TTM)₪6.26b

62.3x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SKBN income statement (TTM)
Revenue₪6.26b
Cost of Revenue₪5.29b
Gross Profit₪977.49m
Other Expenses₪873.32m
Earnings₪104.17m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.24
Gross Margin15.61%
Net Profit Margin1.66%
Debt/Equity Ratio356.7%

How did SKBN perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SKBN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SKBN?

Other financial metrics that can be useful for relative valuation.

SKBN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.7x
Enterprise Value/EBITDA22.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does SKBN's PE Ratio compare to its peers?

SKBN PE Ratio vs Peers
The above table shows the PE ratio for SKBN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19.8x
ASHG Ashtrom Group
9.6xn/a₪7.9b
ELTR Electra
37.9xn/a₪7.5b
ELCO Elco
8.5xn/a₪6.4b
SPEN Shapir Engineering and Industry
23.2xn/a₪10.4b
SKBN Shikun & Binui
62.3xn/a₪6.5b

Price-To-Earnings vs Peers: SKBN is expensive based on its Price-To-Earnings Ratio (62.3x) compared to the peer average (19.8x).


Price to Earnings Ratio vs Industry

How does SKBN's PE Ratio compare vs other companies in the Asian Construction Industry?

Price-To-Earnings vs Industry: SKBN is expensive based on its Price-To-Earnings Ratio (62.3x) compared to the IL Construction industry average (13.1x)


Price to Earnings Ratio vs Fair Ratio

What is SKBN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SKBN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio62.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SKBN's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SKBN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate SKBN's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SKBN's fair value for valuation analysis.


Price to Earnings Growth Ratio

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


Discover undervalued companies

Future Growth

How is Shikun & Binui forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.5%

Forecasted Capital Goods 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 Shikun & Binui 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.


Discover growth companies

Past Performance

How has Shikun & Binui performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-27.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SKBN has high quality earnings.

Growing Profit Margin: SKBN's current net profit margins (1.7%) are higher than last year (0.8%).


Past Earnings Growth Analysis

Earnings Trend: SKBN's earnings have declined by 27.7% per year over the past 5 years.

Accelerating Growth: SKBN's earnings growth over the past year (112%) exceeds its 5-year average (-27.7% per year).

Earnings vs Industry: SKBN earnings growth over the past year (112%) exceeded the Construction industry 30.3%.


Return on Equity

High ROE: SKBN's Return on Equity (4%) is considered low.


Discover strong past performing companies

Financial Health

How is Shikun & Binui's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SKBN's short term assets (₪8.0B) exceed its short term liabilities (₪6.8B).

Long Term Liabilities: SKBN's short term assets (₪8.0B) do not cover its long term liabilities (₪10.5B).


Debt to Equity History and Analysis

Debt Level: SKBN's net debt to equity ratio (281.4%) is considered high.

Reducing Debt: SKBN's debt to equity ratio has reduced from 372% to 356.7% over the past 5 years.

Debt Coverage: SKBN's debt is not well covered by operating cash flow (1.7%).

Interest Coverage: SKBN's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


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Dividend

What is Shikun & Binui current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate SKBN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SKBN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SKBN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SKBN's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: SKBN is not paying a notable dividend for the IL market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as SKBN has not reported any payouts.


Discover strong dividend paying companies

Management

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

1.7yrs

Average management tenure


CEO

Tamir Cohen (49 yo)

1.92yrs

Tenure

₪7,661,000

Compensation

Mr. Tamir Cohen is the Chief Executive Officer at Shikun & Binui Ltd. since October 20, 2020 and serves as its Chairman of the Board since August 06, 2018. He served as Interim Chief executive Officer at...


CEO Compensation Analysis

Compensation vs Market: Tamir's total compensation ($USD2.21M) is above average for companies of similar size in the IL market ($USD1.18M).

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


Leadership Team

Experienced Management: SKBN's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: SKBN's board of directors are considered experienced (3.8 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

Shikun & Binui Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Shikun & Binui Ltd.
  • Ticker: SKBN
  • Exchange: TASE
  • Founded: 1920
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: ₪6.491b
  • Shares outstanding: 430.16m
  • Website: https://www.shikunbinui.com

Number of Employees


Location

  • Shikun & Binui Ltd.
  • 1A Ha'yarden Street
  • POB 1133
  • Airport City
  • 7010000
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.