TASE:SKBN

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Executive Summary

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


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Shikun & Binui's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

1.2%

SKBN

0.9%

IL Construction

-0.7%

IL Market


1 Year Return

14.1%

SKBN

15.3%

IL Construction

-16.9%

IL Market

Return vs Industry: SKBN matched the IL Construction industry which returned 14.6% over the past year.

Return vs Market: SKBN exceeded the IL Market which returned -17.9% over the past year.


Shareholder returns

SKBNIndustryMarket
7 Day1.2%0.9%-0.7%
30 Day3.7%2.8%4.9%
90 Day3.8%-0.2%4.7%
1 Year14.1%14.1%16.3%15.3%-15.0%-16.9%
3 Year93.4%90.5%81.0%73.7%8.9%0.2%
5 Year160.4%136.4%202.0%169.8%34.0%14.9%

Price Volatility Vs. Market

How volatile is Shikun & Binui's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shikun & Binui undervalued compared to its fair value and its price relative to the market?

2.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SKBN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SKBN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SKBN is unprofitable, so we can't compare its PE Ratio to the IL Construction industry average.

PE vs Market: SKBN is unprofitable, so we can't compare its PE Ratio to the IL market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SKBN is overvalued based on its PB Ratio (2.4x) compared to the IL Construction industry average (1.1x).


Next Steps

Future Growth

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

13.9%

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.


Next Steps

Past Performance

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

-5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SKBN is currently unprofitable.

Growing Profit Margin: SKBN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SKBN is unprofitable, and losses have increased over the past 5 years at a rate of 5.5% per year.

Accelerating Growth: Unable to compare SKBN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SKBN is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (3.7%).


Return on Equity

High ROE: SKBN has a negative Return on Equity (-2.14%), as it is currently unprofitable.


Next Steps

Financial Health

How is Shikun & Binui's financial position?


Financial Position Analysis

Short Term Liabilities: SKBN's short term assets (₪7.1B) exceed its short term liabilities (₪5.7B).

Long Term Liabilities: SKBN's short term assets (₪7.1B) exceed its long term liabilities (₪7.0B).


Debt to Equity History and Analysis

Debt Level: SKBN's debt to equity ratio (265.4%) is considered high.

Reducing Debt: SKBN's debt to equity ratio has reduced from 402.8% to 265.4% over the past 5 years.

Debt Coverage: SKBN's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: SKBN is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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


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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SKBN's dividend in 3 years as they are not forecast to pay a notable one for the IL market.


Next Steps

Management

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

4.5yrs

Average management tenure


CEO

Tamir Cohen

0.25

Tenure

Mr. Tamir Cohen serves as Interim CEO at Shikun & Binui Ltd. since July 2020 and serves as its Chairman of the Board since 2018.


Leadership Team

NamePositionTenureCompensationOwnership
Tamir Cohen
Interim CEO & Chairman of the Board0.25yrno data0.039%
₪ 2.5m
Allon Raveh
CFO & CEO of Concessions Division0.75yrno data0.031%
₪ 2.0m
David Paz
Chief Operating Officerno datano data0.013%
₪ 850.2k
Yaki Mandel
VP & General Counselno datano datano data
Orry Ben-Porath
Vice President of Sustainability5.58yrsno datano data
Ronit Rosensweig
Head of Financial Reporting & Deputy CFO26yrsno data0.027%
₪ 1.7m
Amit Segev
Deputy Chief Executive Officer10.5yrs₪3.57m0.10%
₪ 6.5m
Ehud Danoch
Chief Executive Officer of Shikun & Binui Solel Boneh Infrastructure4.5yrsno datano data
Mussa Nachla
Chief Executive Officer of Shikun & Binui Sbi Infrastructureno datano datano data
Roy Yakir
Executive VP & CEO of Energy Division0.33yrno datano data
Yechezke Katan
Corporate Secretaryno datano datano data

4.5yrs

Average Tenure

50yo

Average Age

Experienced Management: SKBN's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tamir Cohen
Interim CEO & Chairman of the Board0.25yrno data0.039%
₪ 2.5m
Eyal Lapidot
Director1.75yrsno data0.36%
₪ 23.1m
Yitzhak Harel
External Director8.5yrsno datano data
Shalom Simchon
Independent Director7.42yrsno datano data
Lily Ayalon
External Director3.58yrsno datano data
Nadav Greenspon
Director0.33yrno datano data

3.2yrs

Average Tenure

55yo

Average Age

Experienced Board: SKBN's board of directors are considered experienced (3.2 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 company bio, 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
  • Market Cap: ₪6.427b
  • Shares outstanding: 402.41m
  • Website: https://www.shikunbinui.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SKBNTASE (The Tel-Aviv Stock Exchange)YesOrdinary SharesILILSMay 2000

Biography

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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 16:44
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.