Price Target Changed • Jun 01
Price target increased by 10% to ₪56.00 Up from ₪50.80, the current price target is provided by 1 analyst. New target price is 17% above last closing price of ₪47.71. Stock is up 35% over the past year. The company posted earnings per share of ₪2.67 last year. Reported Earnings • Jun 01
First quarter 2026 earnings released: EPS: ₪0.65 (vs ₪0.58 in 1Q 2025) First quarter 2026 results: EPS: ₪0.65 (up from ₪0.58 in 1Q 2025). Revenue: ₪3.69b (up 4.5% from 1Q 2025). Net income: ₪174.0m (up 12% from 1Q 2025). Profit margin: 4.7% (up from 4.4% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 12
Full year 2025 earnings released: EPS: ₪2.67 (vs ₪2.47 in FY 2024) Full year 2025 results: EPS: ₪2.67 (up from ₪2.47 in FY 2024). Revenue: ₪14.5b (down 7.4% from FY 2024). Net income: ₪711.0m (up 8.2% from FY 2024). Profit margin: 4.9% (up from 4.2% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 03
Dividend of ₪1.48 announced Shareholders will receive a dividend of ₪1.48. Ex-date: 14th April 2026 Payment date: 30th April 2026 Dividend yield will be 4.7%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 25
Shufersal Ltd to Report Fiscal Year 2025 Results on Mar 31, 2026 Shufersal Ltd announced that they will report fiscal year 2025 results on Mar 31, 2026 Reported Earnings • Nov 30
Third quarter 2025 earnings released: EPS: ₪0.57 (vs ₪0.89 in 3Q 2024) Third quarter 2025 results: EPS: ₪0.57 (down from ₪0.89 in 3Q 2024). Revenue: ₪3.72b (down 9.2% from 3Q 2024). Net income: ₪152.0m (down 36% from 3Q 2024). Profit margin: 4.1% (down from 5.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Nov 26
Now 20% undervalued Over the last 90 days, the stock has risen 1.3% to ₪42.00. The fair value is estimated to be ₪52.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 72%. Announcement • Nov 23
Shufersal Ltd to Report Q3, 2025 Results on Nov 27, 2025 Shufersal Ltd announced that they will report Q3, 2025 results on Nov 27, 2025 Announcement • Oct 23
Shufersal Ltd, Annual General Meeting, Dec 04, 2025 Shufersal Ltd, Annual General Meeting, Dec 04, 2025. Buy Or Sell Opportunity • Oct 15
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at ₪40.16. The fair value is estimated to be ₪51.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 72%. Upcoming Dividend • Sep 21
Upcoming dividend of ₪0.67 per share Eligible shareholders must have bought the stock before 28 September 2025. Payment date: 28 October 2025. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Israeli dividend payers (5.8%). In line with average of industry peers (3.7%). Buy Or Sell Opportunity • Aug 31
Now 21% undervalued Over the last 90 days, the stock has risen 16% to ₪40.90. The fair value is estimated to be ₪51.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 72%. Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: ₪0.72 (vs ₪0.62 in 2Q 2024) Second quarter 2025 results: EPS: ₪0.72 (up from ₪0.62 in 2Q 2024). Revenue: ₪3.69b (down 7.7% from 2Q 2024). Net income: ₪191.0m (up 16% from 2Q 2024). Profit margin: 5.2% (up from 4.1% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Aug 25
Shufersal Ltd to Report Q2, 2025 Results on Aug 28, 2025 Shufersal Ltd announced that they will report Q2, 2025 results on Aug 28, 2025 Reported Earnings • May 29
First quarter 2025 earnings released: EPS: ₪0.58 (vs ₪0.33 in 1Q 2024) First quarter 2025 results: EPS: ₪0.58 (up from ₪0.33 in 1Q 2024). Revenue: ₪3.53b (down 6.8% from 1Q 2024). Net income: ₪156.0m (up 77% from 1Q 2024). Profit margin: 4.4% (up from 2.3% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • May 26
Shufersal Ltd to Report Q1, 2025 Results on May 29, 2025 Shufersal Ltd announced that they will report Q1, 2025 results on May 29, 2025 New Risk • Apr 29
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 4.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Declared Dividend • Mar 29
Dividend increased to ₪1.35 Dividend of ₪1.35 is 99% higher than last year. Ex-date: 9th April 2025 Payment date: 6th May 2025 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 27
Full year 2024 earnings released: EPS: ₪2.47 (vs ₪1.17 in FY 2023) Full year 2024 results: EPS: ₪2.47 (up from ₪1.17 in FY 2023). Revenue: ₪15.6b (up 3.0% from FY 2023). Net income: ₪657.0m (up 111% from FY 2023). Profit margin: 4.2% (up from 2.1% in FY 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Mar 27
Shufersal Ltd announces Annual dividend, payable on May 06, 2025 Shufersal Ltd announced Annual dividend of ILS 1.3510 per share payable on May 06, 2025, ex-date on April 09, 2025 and record date on April 09, 2025. Announcement • Mar 25
Shufersal Ltd to Report Fiscal Year 2024 Results on Mar 26, 2025 Shufersal Ltd announced that they will report fiscal year 2024 results on Mar 26, 2025 Reported Earnings • Nov 27
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₪4.10b (up 6.4% from 3Q 2023). Net income: ₪237.0m (up 374% from 3Q 2023). Profit margin: 5.8% (up from 1.3% in 3Q 2023). The increase in margin was driven by higher revenue. Announcement • Nov 12
Shufersal Ltd to Report Q3, 2024 Results on Nov 26, 2024 Shufersal Ltd announced that they will report Q3, 2024 results on Nov 26, 2024 Reported Earnings • Aug 22
Second quarter 2024 earnings released: EPS: ₪0.62 (vs ₪0.24 in 2Q 2023) Second quarter 2024 results: EPS: ₪0.62 (up from ₪0.24 in 2Q 2023). Revenue: ₪4.00b (up 7.9% from 2Q 2023). Net income: ₪165.0m (up 154% from 2Q 2023). Profit margin: 4.1% (up from 1.8% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Aug 08
Shufersal Ltd to Report Q2, 2024 Results on Aug 20, 2024 Shufersal Ltd announced that they will report Q2, 2024 results on Aug 20, 2024 Announcement • Jul 18
Shufersal Ltd, Annual General Meeting, Aug 21, 2024 Shufersal Ltd, Annual General Meeting, Aug 21, 2024. Location: co. offices, Israel Announcement • Jun 18
Israel Discount Bank Limited (TASE:DSCT) acquired remaining 49.90% stake in Paybox Ltd. from Shufersal Ltd (TASE:SAE) for NIS 77 million. Israel Discount Bank Limited (TASE:DSCT) acquired remaining 49.90% stake in Paybox Ltd. from Shufersal Ltd (TASE:SAE) for NIS 77 million on June 17, 2024.
Israel Discount Bank Limited (TASE:DSCT) completed the acquisition of remaining 49.90% stake in Paybox Ltd. from Shufersal Ltd (TASE:SAE) on June 17, 2024. Announcement • May 28
Shufersal Ltd to Report Q1, 2024 Results on May 28, 2024 Shufersal Ltd announced that they will report Q1, 2024 results on May 28, 2024 Board Change • May 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Eldad Avraham was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Apr 04
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: ₪1.17 (vs ₪0.004 in FY 2022) Full year 2023 results: EPS: ₪1.17 (up from ₪0.004 in FY 2022). Revenue: ₪15.2b (up 3.6% from FY 2022). Net income: ₪312.0m (up ₪311.0m from FY 2022). Profit margin: 2.1% (up from 0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Announcement • Mar 01
Yossi and Shlomi Amir completed the acquisition of 24.9% stake in Shufersal Ltd (TASE:SAE) from institutional investors. Yossi and Shlomi Amir made a bid to acquire 24.9% stake in Shufersal Ltd (TASE:SAE) from institutional investors for approximately ILS 1.5 billion on February 6, 2024. Yossi and Shlomi Amir offering ILS 22.59 per share.
Yossi and Shlomi Amir completed the acquisition of 24.9% stake in Shufersal Ltd (TASE:SAE) from institutional investors on February 28, 2024. Yossi and Shlomi Amir offering ILS 22.58 per share for 66,389,833 shares. Yossef Amir is taking 33,194,917 shares and Shlomo Amir will take 33,194,916 shares in Shufersal. Announcement • Feb 29
Shufersal Ltd to Report Fiscal Year 2023 Results on Mar 27, 2024 Shufersal Ltd announced that they will report fiscal year 2023 results on Mar 27, 2024 Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₪22.29, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 15x in the Consumer Retailing industry in Israel. Total loss to shareholders of 15% over the past three years. Reported Earnings • Nov 28
Third quarter 2023 earnings released: EPS: ₪0.19 (vs ₪0.36 loss in 3Q 2022) Third quarter 2023 results: EPS: ₪0.19 (up from ₪0.36 loss in 3Q 2022). Revenue: ₪3.85b (up 1.2% from 3Q 2022). Net income: ₪50.0m (up ₪146.0m from 3Q 2022). Profit margin: 1.3% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Nov 07
Shufersal Ltd to Report Q3, 2023 Results on Nov 27, 2023 Shufersal Ltd announced that they will report Q3, 2023 results on Nov 27, 2023 Announcement • Sep 18
Shufersal Ltd(TASE:SAE) dropped from FTSE All-World Index (USD) Shufersal Ltd(TASE:SAE) dropped from FTSE All-World Index (USD) Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: ₪0.24 (vs ₪0.26 in 2Q 2022) Second quarter 2023 results: EPS: ₪0.24 (down from ₪0.26 in 2Q 2022). Revenue: ₪3.70b (flat on 2Q 2022). Net income: ₪65.0m (down 4.4% from 2Q 2022). Profit margin: 1.8% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • May 26
First quarter 2023 earnings released: EPS: ₪0.24 (vs ₪0.10 in 1Q 2022) First quarter 2023 results: EPS: ₪0.24 (up from ₪0.10 in 1Q 2022). Revenue: ₪3.72b (up 6.3% from 1Q 2022). Net income: ₪65.0m (up 141% from 1Q 2022). Profit margin: 1.7% (up from 0.8% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • May 25
Shufersal Ltd to Report Q1, 2023 Results on May 23, 2023 Shufersal Ltd announced that they will report Q1, 2023 results on May 23, 2023 Reported Earnings • Mar 22
Full year 2022 earnings released Full year 2022 results: Revenue: ₪14.7b (flat on FY 2021). Net income: ₪1.00m (down 100% from FY 2021). Profit margin: 0% (down from 2.7% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Feb 07
Shufersal Ltd to Report Q4, 2022 Results on Mar 21, 2023 Shufersal Ltd announced that they will report Q4, 2022 results on Mar 21, 2023 Reported Earnings • Nov 30
Third quarter 2022 earnings released: ₪0.36 loss per share (vs ₪0.31 profit in 3Q 2021) Third quarter 2022 results: ₪0.36 loss per share (down from ₪0.31 profit in 3Q 2021). Revenue: ₪3.81b (flat on 3Q 2021). Net loss: ₪96.0m (down 217% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Board Change • Nov 16
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Director Shlomo Zohar was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 01
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Director Shlomo Zohar was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 02
High number of new directors There are 8 new directors who have joined the board in the last 3 years. Director Shlomo Zohar was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: ₪0.26 (vs ₪0.36 in 2Q 2021) Second quarter 2022 results: EPS: ₪0.26 (down from ₪0.36 in 2Q 2021). Revenue: ₪3.70b (up 3.3% from 2Q 2021). Net income: ₪68.0m (down 30% from 2Q 2021). Profit margin: 1.8% (down from 2.7% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Aug 18
Shufersal Ltd. (TASE:SAE) completed the acquisition of Dan Deal Group from Estrog family. Shufersal Ltd. (TASE:SAE) signed an agreement to acquire Dan Deal Group from Estrog family for approximately ILS 110 million on May 3, 2022. The consideration on the date of completion will be approximately NIS 109 million and at the end of 2026 an additional consideration will be determined depending on performance and which will be derived from a multiplier on the EBIDTA of the group and further adjustments. The four founders of Dan Deal Group will continue in their managerial roles. The agreement is subject to various approvals, including the approval of the competition commissioner. Doron Segal and Nimrod Barash of Goldfarb-Seligman & Co. acted as legal advisors to Shufersal while EY acted as accountant to Shufersal. Shaul Hayun and Debbie Branson of Meitar acted as legal advisors while Rosario Capital served as financial advisor to Dan Deal.
Shufersal Ltd. (TASE:SAE) completed the acquisition of Dan Deal Group from Estrog family on August 17, 2022. Price Target Changed • Aug 11
Price target decreased to ₪24.75 Down from ₪28.50, the current price target is provided by 1 analyst. New target price is 17% above last closing price of ₪21.10. Stock is down 23% over the past year. The company posted earnings per share of ₪1.51 last year. Announcement • Jul 26
Shufersal Ltd to Report Q2, 2022 Results on Aug 17, 2022 Shufersal Ltd announced that they will report Q2, 2022 results on Aug 17, 2022 Board Change • Jun 30
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent External Director Iris Yalon was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Jun 07
Price target decreased to ₪27.00 Down from ₪30.50, the current price target is provided by 1 analyst. New target price is 18% above last closing price of ₪22.80. Stock is down 14% over the past year. The company posted earnings per share of ₪1.51 last year. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CEO of Shufersal Business & Director of Shufersal-Amiga Ltd. Roee Freibach was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 28
Upcoming dividend of ₪0.53 per share Eligible shareholders must have bought the stock before 04 April 2022. Payment date: 26 April 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Israeli dividend payers (5.3%). Lower than average of industry peers (3.5%). Announcement • Mar 23
Shufersal Ltd. to Report Fiscal Year 2021 Results on Mar 22, 2022 Shufersal Ltd. announced that they will report fiscal year 2021 results on Mar 22, 2022 Announcement • Feb 11
Shufersal Ltd. Appoints Ofer Bloch as CEO Mr. Ofer Bloch was informed that the Board of Directors of Shufersal Ltd. (Shufersal) has decided to appoint him the CEO of Shufersal Company. Mr. Ofer Bloch announced that he is expected to end his position in The Israel Electric Corporation Limited as CEO at the end of the notice period to be summarized separately. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improved over the past week After last week's 15% share price gain to ₪29.70, the stock trades at a trailing P/E ratio of 18.4x. Average forward P/E is 17x in the Consumer Retailing industry in Israel. Total returns to shareholders of 24% over the past three years. Reported Earnings • Dec 02
Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint Third quarter 2021 results: EPS: ₪0.31 (down from ₪0.41 in 3Q 2020). Revenue: ₪3.80b (down 3.6% from 3Q 2020). Net income: ₪82.0m (down 16% from 3Q 2020). Profit margin: 2.2% (down from 2.5% in 3Q 2020). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 1.8%, compared to a 22% growth forecast for the industry in Israel. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Price Target Changed • Aug 27
Price target increased to ₪33.00 Up from ₪30.50, the current price target is provided by 1 analyst. New target price is 24% above last closing price of ₪26.53. Stock is up 0.5% over the past year.