B. Yair Building Corporation 1988 (TASE:BYAR) - Share price, News & Analysis

BYAR fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	3/6

BYAR Stock Overview

B. Yair Building Corporation 1988 Ltd, a construction company, plans, develops, builds, and markets real estate projects in Israel and internationally.

Rewards

Trading at 22.8% below our estimate of its fair value

Risk Analysis

Earnings have declined by 62.8% per year over past 5 years

Dividend of 52.31% is not well covered by earnings or forecast to be in the next 3 years

Makes less than USD$1m in revenue (₪1M)

Volatile share price over the past 3 months

+ 1 more risk

B. Yair Building Corporation 1988 Competitors

Shikun & Binui

TASE:SKBN

₪7.7b

Price History & Performance

Summary of all time highs, changes and price drops for B. Yair Building Corporation 1988
Historical stock prices
Current Share Price	₪10.80
52 Week High	₪23.00
52 Week Low	₪8.51
Beta	-0.27
1 Month Change	-18.98%
3 Month Change	-33.04%
1 Year Change	-25.77%
3 Year Change	-52.25%
5 Year Change	-71.53%
Change since IPO	-75.10%

Recent News & Updates

May 13

Companies Like B. Yair Building Corporation 1988 (TLV:BYAR) Can Afford To Invest In Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...

Jan 20

Estimating The Intrinsic Value Of B. Yair Building Corporation 1988 Ltd (TLV:BYAR)

In this article we are going to estimate the intrinsic value of B. Yair Building Corporation 1988 Ltd ( TLV:BYAR ) by...

Shareholder Returns

	BYAR	IL Consumer Durables	IL Market
7D	-9.8%	-1.9%	0.8%
1Y	-25.8%	-2.0%	14.2%

Return vs Industry: BYAR underperformed the IL Consumer Durables industry which returned -2% over the past year.

Return vs Market: BYAR underperformed the IL Market which returned 14.2% over the past year.

Price Volatility

Is BYAR's price volatile compared to industry and market?
BYAR volatility
BYAR Average Weekly Movement	7.1%
Consumer Durables Industry Average Movement	5.9%
Market Average Movement	5.4%
10% most volatile stocks in IL Market	9.2%
10% least volatile stocks in IL Market	3.6%

Stable Share Price: BYAR is more volatile than 75% of IL stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: BYAR's weekly volatility has decreased from 15% to 7% over the past year, but is still higher than 75% of IL stocks.

About the Company

Founded	Employees	CEO	Website
1988	9	Etam Lotan	https://www.b-yair.co.il

B. Yair Building Corporation 1988 Ltd, a construction company, plans, develops, builds, and markets real estate projects in Israel and internationally. The company initiates and builds apartments, public buildings, and commercial and office structures, as well as undertakes urban renewal works. It also invests in commercial and office buildings, and shopping malls.

B. Yair Building Corporation 1988 Fundamentals Summary

How do B. Yair Building Corporation 1988's earnings and revenue compare to its market cap?
BYAR fundamental statistics
Market Cap	₪69.78m
Earnings (TTM)	-₪4.15m
Revenue (TTM)	₪1.19m

56.0x

P/S Ratio

-16.1x

P/E Ratio

Is BYAR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BYAR income statement (TTM)
Revenue	₪1.19m
Cost of Revenue	₪1.30m
Gross Profit	-₪105.00k
Other Expenses	₪4.05m
Earnings	-₪4.15m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.67
Gross Margin	-8.81%
Net Profit Margin	-348.15%
Debt/Equity Ratio	0%

How did BYAR perform over the long term?

See historical performance and comparison

Dividends

52.3%

Current Dividend Yield

-850%

Payout Ratio

Valuation

Is B. Yair Building Corporation 1988 undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

22.8%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: BYAR (₪10.8) is trading below our estimate of fair value (₪13.98)

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

Price To Earnings Ratio

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

PE vs Market: BYAR 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 BYAR's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: BYAR is good value based on its PB Ratio (1x) compared to the IL Consumer Durables industry average (1.9x).

Future Growth

How is B. Yair Building Corporation 1988 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

13.4%

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 B. Yair Building Corporation 1988 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 B. Yair Building Corporation 1988 performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-62.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BYAR is currently unprofitable.

Growing Profit Margin: BYAR is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: BYAR is unprofitable, and losses have increased over the past 5 years at a rate of 62.8% per year.

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

Earnings vs Industry: BYAR is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (140.7%).

Return on Equity

High ROE: BYAR has a negative Return on Equity (-5.92%), as it is currently unprofitable.

Financial Health

How is B. Yair Building Corporation 1988's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: BYAR's short term assets (₪32.2M) exceed its short term liabilities (₪10.4M).

Long Term Liabilities: BYAR's short term assets (₪32.2M) exceed its long term liabilities (₪171.0K).

Debt to Equity History and Analysis

Debt Level: BYAR is debt free.

Reducing Debt: BYAR has no debt compared to 5 years ago when its debt to equity ratio was 37.7%.

Debt Coverage: BYAR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BYAR has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is B. Yair Building Corporation 1988 current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

52.31%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BYAR's dividend (52.31%) is higher than the bottom 25% of dividend payers in the IL market (2.02%).

High Dividend: BYAR's dividend (52.31%) is in the top 25% of dividend payers in the IL market (5.93%)

Stability and Growth of Payments

Stable Dividend: BYAR's dividend payments have been volatile in the past 10 years.

Growing Dividend: BYAR's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: BYAR is paying a dividend but the company is unprofitable.

Cash Payout to Shareholders

Cash Flow Coverage: BYAR is paying a dividend but the company has no free cash flows.

Next Steps

Explore strong dividend paying companies in the Consumer Durables industry.

Management

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

10.8yrs

Average management tenure

CEO

Etam Lotan (42 yo)

10.83yrs

Tenure

₪608,000

Compensation

Mr. Etam Lotan Adv., has been General Counsel and Secretary of B.Yair Building Corporation 1988 Ltd. since July 1, 2011. He serves as Chief Executive Officer of B. Yair Building Corporation 1988 Ltd.

CEO Compensation Analysis

Compensation vs Market: Etam's total compensation ($USD181.47K) is below average for companies of similar size in the IL market ($USD380.52K).

Compensation vs Earnings: Etam's compensation has increased whilst the company is unprofitable.

Leadership Team

Experienced Management: BYAR's management team is seasoned and experienced (10.8 years average tenure).

Board Members

Experienced Board: BYAR's board of directors are considered experienced (6.4 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/17 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31