Shufersal (TASE:SAE) - Share price, News & Analysis

SAE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	3/6
Dividends	3/6

SAE Stock Overview

Shufersal Ltd. operates a chain of supermarkets under the Shufersal brand name in Israel.

Rewards

Trading at 10.3% below our estimate of its fair value

Earnings have grown 10% per year over the past 5 years

Risk Analysis

Has a high level of debt

Unstable dividend track record

Shareholders have been diluted in the past year

Shufersal Competitors

Rami Levi Chain Stores Hashikma Marketing 2006

TASE:RMLI

₪3.2b

Azrieli Group

TASE:AZRG

₪30.5b

Strauss Group

TASE:STRS

₪9.9b

Price History & Performance

Summary of all time highs, changes and price drops for Shufersal
Historical stock prices
Current Share Price	₪24.37
52 Week High	₪30.60
52 Week Low	₪24.34
Beta	0.25
1 Month Change	-16.54%
3 Month Change	-12.15%
1 Year Change	-12.18%
3 Year Change	0.74%
5 Year Change	26.27%
Change since IPO	351.30%

Recent News & Updates

May 15

Shufersal (TLV:SAE) Could Be Struggling To Allocate Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...

Mar 28

A Look At The Intrinsic Value Of Shufersal Ltd. (TLV:SAE)

Today we will run through one way of estimating the intrinsic value of Shufersal Ltd. ( TLV:SAE ) by estimating the...

Shareholder Returns

	SAE	IL Consumer Retailing	IL Market
7D	-8.0%	-2.2%	-0.7%
1Y	-12.2%	-9.6%	10.9%

Return vs Industry: SAE underperformed the IL Consumer Retailing industry which returned -9.6% over the past year.

Return vs Market: SAE underperformed the IL Market which returned 10.9% over the past year.

Price Volatility

Is SAE's price volatile compared to industry and market?
SAE volatility
SAE Average Weekly Movement	4.4%
Consumer Retailing Industry Average Movement	4.6%
Market Average Movement	5.5%
10% most volatile stocks in IL Market	9.1%
10% least volatile stocks in IL Market	3.7%

Stable Share Price: SAE is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SAE's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1957	15,718	n/a	https://www.shufersal.co.il

Shufersal Ltd. operates a chain of supermarkets under the Shufersal brand name in Israel. It operates through three segments: The Retail, The Real Estate, and The Be. The company’s stores provides vegetables, fruits, dried fruits, dairy products, and other products; and general grocery and food products, toiletries and home care, pharma and cosmetic products, baked goods, beverages, frozen and chilled products, and meat and fish products.

Shufersal Fundamentals Summary

How do Shufersal's earnings and revenue compare to its market cap?
SAE fundamental statistics
Market Cap	₪6.47b
Earnings (TTM)	₪393.00m
Revenue (TTM)	₪14.77b

16.5x

P/E Ratio

0.4x

P/S Ratio

Is SAE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SAE income statement (TTM)
Revenue	₪14.77b
Cost of Revenue	₪10.74b
Gross Profit	₪4.02b
Other Expenses	₪3.63b
Earnings	₪393.00m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	1.48
Gross Margin	27.23%
Net Profit Margin	2.66%
Debt/Equity Ratio	85.4%

How did SAE perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

35%

Payout Ratio

Valuation

Is Shufersal undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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

10.3%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: SAE (₪24.37) is trading below our estimate of fair value (₪27.17)

Significantly Below Fair Value: SAE is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: SAE is poor value based on its PE Ratio (16.5x) compared to the IL Consumer Retailing industry average (15.8x).

PE vs Market: SAE is poor value based on its PE Ratio (16.5x) compared to the IL market (11.4x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: SAE is good value based on its PB Ratio (2x) compared to the IL Consumer Retailing industry average (2.1x).

Future Growth

How is Shufersal 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

18.3%

Forecasted Consumer Retailing 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 Shufersal 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 Shufersal performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

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

10.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SAE has high quality earnings.

Growing Profit Margin: SAE's current net profit margins (2.7%) are higher than last year (2.5%).

Past Earnings Growth Analysis

Earnings Trend: SAE's earnings have grown by 10% per year over the past 5 years.

Accelerating Growth: SAE's earnings growth over the past year (1.6%) is below its 5-year average (10% per year).

Earnings vs Industry: SAE earnings growth over the past year (1.6%) underperformed the Consumer Retailing industry 14.2%.

Return on Equity

High ROE: SAE's Return on Equity (12.3%) is considered low.

Financial Health

How is Shufersal's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

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

Financial Position Analysis

Short Term Liabilities: SAE's short term assets (₪3.8B) do not cover its short term liabilities (₪4.1B).

Long Term Liabilities: SAE's short term assets (₪3.8B) do not cover its long term liabilities (₪7.0B).

Debt to Equity History and Analysis

Debt Level: SAE's net debt to equity ratio (44.5%) is considered high.

Reducing Debt: SAE's debt to equity ratio has reduced from 187.8% to 85.4% over the past 5 years.

Debt Coverage: SAE's debt is well covered by operating cash flow (50.8%).

Interest Coverage: SAE's interest payments on its debt are well covered by EBIT (3.3x coverage).

Balance Sheet

Dividend

What is Shufersal current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

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

2.16%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SAE's dividend (2.16%) is higher than the bottom 25% of dividend payers in the IL market (2%).

High Dividend: SAE's dividend (2.16%) is low compared to the top 25% of dividend payers in the IL market (5.98%).

Stability and Growth of Payments

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

Growing Dividend: SAE's dividend payments have fallen over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.9%), SAE's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (18.8%), SAE's dividend payments are well covered by cash flows.

Discover strong dividend paying companies

Management

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

1.3yrs

Average management tenure

CEO

Shufersal has no CEO, or we have no data on them.

Leadership Team

Experienced Management: SAE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Experienced Board: SAE's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

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 been diluted in the past year, with total shares outstanding growing by 3.5%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/22 00:00
End of Day Share Price	2022/05/19 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31