TASE:DELT

Stock Analysis Report

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Executive Summary

Delta Galil Industries Ltd. manufactures and markets private label apparel products for men, women, and children worldwide.


Snowflake Analysis

Good value with imperfect balance sheet.


Similar Companies

Share Price & News

How has Delta Galil Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DELT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.03%

DELT

0.4%

IL Luxury

6.1%

IL Market


1 Year Return

-63.1%

DELT

-10.9%

IL Luxury

-14.1%

IL Market

Return vs Industry: DELT underperformed the IL Luxury industry which returned -10.9% over the past year.

Return vs Market: DELT underperformed the IL Market which returned -14.1% over the past year.


Shareholder returns

DELTIndustryMarket
7 Day0.03%0.4%6.1%
30 Day-29.4%-2.3%-2.6%
90 Day-27.0%14.3%4.6%
1 Year-62.3%-63.1%-9.0%-10.9%-11.9%-14.1%
3 Year-61.1%-63.2%-4.4%-11.1%8.7%0.1%
5 Year-64.5%-67.6%-4.5%-14.2%30.5%13.3%

Price Volatility Vs. Market

How volatile is Delta Galil Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Delta Galil Industries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DELT (₪39.2) is trading below our estimate of fair value (₪477.96)

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


Price To Earnings Ratio

PE vs Industry: DELT is good value based on its PE Ratio (11.9x) compared to the Luxury industry average (12.3x).

PE vs Market: DELT is poor value based on its PE Ratio (11.9x) compared to the IL market (11.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: DELT is good value based on its PB Ratio (0.6x) compared to the XA Luxury industry average (0.7x).


Next Steps

Future Growth

How is Delta Galil Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.9%

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 Delta Galil Industries 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 Delta Galil Industries performed over the past 5 years?

-1.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DELT has a large one-off loss of $8.5M impacting its March 31 2020 financial results.

Growing Profit Margin: DELT's current net profit margins (1.5%) are lower than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: DELT's earnings have declined by -1.1% per year over the past 5 years.

Accelerating Growth: DELT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DELT had negative earnings growth (-44.2%) over the past year, making it difficult to compare to the Luxury industry average (-0.8%).


Return on Equity

High ROE: DELT's Return on Equity (5.3%) is considered low.


Next Steps

Financial Health

How is Delta Galil Industries's financial position?


Financial Position Analysis

Short Term Liabilities: DELT's short term assets ($659.0M) exceed its short term liabilities ($410.6M).

Long Term Liabilities: DELT's short term assets ($659.0M) do not cover its long term liabilities ($663.6M).


Debt to Equity History and Analysis

Debt Level: DELT's debt to equity ratio (112%) is considered high.

Reducing Debt: DELT's debt to equity ratio has increased from 62.5% to 112% over the past 5 years.

Debt Coverage: DELT's debt is well covered by operating cash flow (32.3%).

Interest Coverage: DELT's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Delta Galil Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate DELT'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 DELT's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DELT'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?

4.8yrs

Average management tenure


CEO

Isaac Dabah (63yo)

11.92yrs

Tenure

US$1,530,863

Compensation

Mr. Isaac Dabah serves as the Chief Executive Officer at Delta Galil USA Inc. Mr. Dabah has been the Chief Executive Officer at Delta Galil Industries Ltd., since August 20, 2008. He served as the Chief Ex ...


CEO Compensation Analysis

Compensation vs Market: Isaac's total compensation ($USD0.00) is below average for companies of similar size in the IL market ($USD713.99K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Isaac Dabah
CEO & Director11.92yrsUS$1.53m0.039% $397.8k
Yossi Hajaj
Senior VP4.92yrsUS$703.36k0.35% $3.5m
Itzhak Weinstock
COO of Delta Galil USA & Director12.75yrsUS$647.15k0.43% $4.4m
Inbar Schwartz
Senior VP & Director of Business Development5.92yrsUS$663.91k0.030% $304.5k
Iric Browndorf
Executive VP of Global Sourcing & Production and Executive Officer3.92yrsUS$835.93k0.010% $102.0k
Asaf Alperovitz
Chief Financial Officer0.75yrno datano data
Einat Amitay
Senior Vice President of Global Human Resources6.25yrsno data0.0049% $49.7k
Suzanne Silverstein
President of 7 for All Mankind1.08yrsno datano data
Steve Moore
President of Mass Division - Delta Galil USA0.92yrno datano data
Miki Laxer
VP of Finance & Corporate Secretary4.75yrsno datano data

4.8yrs

Average Tenure

52yo

Average Age

Experienced Management: DELT's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Isaac Dabah
CEO & Director11.92yrsUS$1.53m0.039% $397.8k
Itzhak Weinstock
COO of Delta Galil USA & Director12.75yrsUS$647.15k0.43% $4.4m
Sharf Shlomo
Independent Director1.75yrsno datano data
Noam Lautmann
Chairman9.33yrsno data9.97% $101.2m
Yehoshua Gold
Independent Director1.58yrsno datano data
Israel Baum
Director14.58yrsno data0.039% $397.8k
Tzipporah Carmon
Director10.75yrsno datano data
Rinat Gazit
Independent Director1.75yrsno datano data
Hunter Richard
Director1.75yrsno datano data

9.3yrs

Average Tenure

68yo

Average Age

Experienced Board: DELT's board of directors are considered experienced (9.3 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

Delta Galil Industries Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Delta Galil Industries Ltd.
  • Ticker: DELT
  • Exchange: TASE
  • Founded: 1975
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₪1.015b
  • Shares outstanding: 25.52m
  • Website: https://www.deltagalil.com

Number of Employees


Location

  • Delta Galil Industries Ltd.
  • 45 Ha’Eshel Street
  • Southern Industrial Zone
  • Caesarea
  • 30889
  • Israel

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DELTTASE (The Tel-Aviv Stock Exchange)YesOrdinary SharesILILSNov 1996
DELT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 1996
DELT.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDMar 1999

Biography

Delta Galil Industries Ltd. manufactures and markets private label apparel products for men, women, and children worldwide. The company provides intimate apparel, socks, children's wear, leisure wear, active wear, undergarments, and sportswear, denim, and women’s outerwear. It offers its products under the 7 For All Mankind, Splendid, Schiesser, P.J. Salvage, KN Karen Neuburger, Eminence, Athena, Liabel, Delta, and Fix brand names. Delta Galil Industries Ltd. also provides its products under the brand names licensed to the company, including Maidenform, Converse, Wilson, Tommy Hilfiger, Kenneth Cole, Columbia, Original Penguin, Marc O'Polo, Lacoste, Juicy Couture, Calvin Klein, and Disney. The company sells its products through retailers, as well as in its own stores and an online store. Delta Galil Industries Ltd. was founded in 1975 and is headquartered in Caesarea, Israel. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/06 16:34
End of Day Share Price2020/07/06 00:00
Earnings2020/03/31
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.