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AZRM

Azorim-Investment Development & Construction TASE:AZRM Stock Report

Last Price

₪13.77

Market Cap

₪2.9b

7D

-6.3%

1Y

2.8%

Updated

26 May, 2022

Data

Company Financials
AZRM fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends2/6

AZRM Stock Overview

Azorim-Investment, Development & Construction Co.

Azorim-Investment Development & Construction Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Azorim-Investment Development & Construction
Historical stock prices
Current Share Price₪13.77
52 Week High₪20.72
52 Week Low₪11.07
Beta1.03
1 Month Change-19.29%
3 Month Change-14.42%
1 Year Change2.76%
3 Year Change241.43%
5 Year Change250.38%
Change since IPO-60.03%

Recent News & Updates

May 19
If You Like EPS Growth Then Check Out Azorim-Investment Development & Construction (TLV:AZRM) Before It's Too Late

If You Like EPS Growth Then Check Out Azorim-Investment Development & Construction (TLV:AZRM) Before It's Too Late

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Apr 05
Azorim-Investment Development & Construction (TLV:AZRM) May Have Issues Allocating Its Capital

Azorim-Investment Development & Construction (TLV:AZRM) May Have Issues Allocating Its Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...

Feb 04
Do Azorim-Investment Development & Construction's (TLV:AZRM) Earnings Warrant Your Attention?

Do Azorim-Investment Development & Construction's (TLV:AZRM) Earnings Warrant Your Attention?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Dec 26
Azorim-Investment Development & Construction (TLV:AZRM) May Have Issues Allocating Its Capital

Azorim-Investment Development & Construction (TLV:AZRM) May Have Issues Allocating Its Capital

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

AZRMIL Consumer DurablesIL Market
7D-6.3%-4.8%-3.0%
1Y2.8%-6.7%6.7%

Return vs Industry: AZRM exceeded the IL Consumer Durables industry which returned -6.7% over the past year.

Return vs Market: AZRM underperformed the IL Market which returned 6.7% over the past year.

Price Volatility

Is AZRM's price volatile compared to industry and market?
AZRM volatility
AZRM Average Weekly Movement6.6%
Consumer Durables Industry Average Movement5.5%
Market Average Movement5.4%
10% most volatile stocks in IL Market8.9%
10% least volatile stocks in IL Market3.6%

Stable Share Price: AZRM is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: AZRM's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196494Ron Avidanhttps://www.azorim.co.il

Azorim-Investment, Development & Construction Co. Ltd designs and constructs apartments in Israel. The company constructs residential apartments, including garden apartments, mini penthouses, and penthouses, as well as communities. It is also engaged in apartment rentals.

Azorim-Investment Development & Construction Fundamentals Summary

How do Azorim-Investment Development & Construction's earnings and revenue compare to its market cap?
AZRM fundamental statistics
Market Cap₪2.90b
Earnings (TTM)₪322.03m
Revenue (TTM)₪1.51b

9.0x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AZRM income statement (TTM)
Revenue₪1.51b
Cost of Revenue₪1.21b
Gross Profit₪304.39m
Other Expenses-₪17.64m
Earnings₪322.03m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.53
Gross Margin20.16%
Net Profit Margin21.33%
Debt/Equity Ratio121.8%

How did AZRM perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

12%

Payout Ratio

Valuation

Is Azorim-Investment Development & Construction undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: AZRM (₪13.77) is trading below our estimate of fair value (₪149.51)

Significantly Below Fair Value: AZRM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: AZRM is good value based on its Price-To-Earnings Ratio (9x) compared to the IL Consumer Durables industry average (17.3x).

PE vs Market: AZRM is good value based on its Price-To-Earnings Ratio (9x) compared to the IL market (11.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AZRM is good value based on its Price-To-Book Ratio (1.7x) compared to the IL Consumer Durables industry average (1.9x).


Future Growth

How is Azorim-Investment Development & Construction 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


15.1%

Forecasted Consumer Durables 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 Azorim-Investment Development & Construction 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.


Past Performance

How has Azorim-Investment Development & Construction 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


21.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AZRM has a large one-off gain of ₪128.8M impacting its December 31 2021 financial results.

Growing Profit Margin: AZRM's current net profit margins (21.3%) are higher than last year (8.9%).


Past Earnings Growth Analysis

Earnings Trend: AZRM's earnings have grown significantly by 21.3% per year over the past 5 years.

Accelerating Growth: AZRM's earnings growth over the past year (190.5%) exceeds its 5-year average (21.3% per year).

Earnings vs Industry: AZRM earnings growth over the past year (190.5%) exceeded the Consumer Durables industry 94%.


Return on Equity

High ROE: AZRM's Return on Equity (18.9%) is considered low.


Financial Health

How is Azorim-Investment Development & Construction's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AZRM's short term assets (₪2.9B) exceed its short term liabilities (₪2.3B).

Long Term Liabilities: AZRM's short term assets (₪2.9B) exceed its long term liabilities (₪1.6B).


Debt to Equity History and Analysis

Debt Level: AZRM's net debt to equity ratio (92.1%) is considered high.

Reducing Debt: AZRM's debt to equity ratio has reduced from 138% to 121.8% over the past 5 years.

Debt Coverage: AZRM's debt is well covered by operating cash flow (39.3%).

Interest Coverage: AZRM's interest payments on its debt are well covered by EBIT (5x coverage).


Balance Sheet


Dividend

What is Azorim-Investment Development & Construction current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.38%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: AZRM's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the IL market (2.05%).

High Dividend: AZRM's dividend (1.38%) is low compared to the top 25% of dividend payers in the IL market (6.19%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether AZRM's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if AZRM's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.4%), AZRM's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (4.9%), AZRM's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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

3.0yrs

Average management tenure


CEO

Ron Avidan (53 yo)

3yrs

Tenure

₪3,276,000

Compensation

Mr. Ron Avidan has been the Chief Executive Officer of Ofer Investments Ltd., since January 2012. He serves as Chief Executive Officer and General Manager at Azorim-Investment, Development & Construction C...


CEO Compensation Analysis

Compensation vs Market: Ron's total compensation ($USD979.84K) is about average for companies of similar size in the IL market ($USD873.03K).

Compensation vs Earnings: Ron's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: AZRM's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: AZRM's board of directors are considered experienced (4.8 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

Azorim-Investment, Development & Construction Co. Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Azorim-Investment, Development & Construction Co. Ltd
  • Ticker: AZRM
  • Exchange: TASE
  • Founded: 1964
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Implied Market Cap: ₪2.902b
  • Shares outstanding: 210.74m
  • Website: https://www.azorim.co.il

Number of Employees


Location

  • Azorim-Investment, Development & Construction Co. Ltd
  • Arania Street 32
  • Tel Aviv
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/26 00:00
End of Day Share Price2022/05/26 00:00
Earnings2021/12/31
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.