Willy-Food Investments (TASE:WLFD) - Share price, News & Analysis

WLFD fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	3/6

WLFD Stock Overview

Willy-Food Investments Ltd imports, exports, markets, and sells food products in Israel.

Rewards

Trading at 7.3% below our estimate of its fair value

Risk Analysis

Dividend of 17.73% is not well covered by earnings or forecast to be in the next 3 years

Large one-off items impacting financial results

Willy-Food Investments Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Willy-Food Investments
Historical stock prices
Current Share Price	₪33.90
52 Week High	₪47.25
52 Week Low	₪32.55
Beta	0.21
1 Month Change	-7.95%
3 Month Change	-14.80%
1 Year Change	-12.36%
3 Year Change	33.26%
5 Year Change	86.47%
Change since IPO	857.63%

Recent News & Updates

Apr 18

Returns On Capital Are Showing Encouraging Signs At Willy-Food Investments (TLV:WLFD)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

	WLFD	IL Consumer Retailing	IL Market
7D	2.4%	-2.2%	-0.7%
1Y	-12.4%	-9.6%	10.9%

Return vs Industry: WLFD underperformed the IL Consumer Retailing industry which returned -6.6% over the past year.

Return vs Market: WLFD underperformed the IL Market which returned 15.4% over the past year.

Price Volatility

Is WLFD's price volatile compared to industry and market?
WLFD volatility
WLFD Average Weekly Movement	6.6%
Consumer Retailing Industry Average Movement	4.6%
Market Average Movement	5.4%
10% most volatile stocks in IL Market	9.1%
10% least volatile stocks in IL Market	3.7%

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

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

About the Company

Founded	Employees	CEO	Website
1992	182	Einat Feldshapira	https://www.willi-food.co.il

Willy-Food Investments Ltd imports, exports, markets, and sells food products in Israel. It offers canned fruits, vegetables, and fish; coconut milk, rice vermicelli, mushrooms, roasted/in brine vegetables, vinegar, prepared meal, and milk alternative drink products; oil, sauces, rice, pasta, noodles, juices, cereals, and snacks products; tortillas, toasts, crackers, and corn flour; and dry, chilled, and frozen food products. The company also provides butter, margarine, whipped cream, cheese, and dairy products; and cookies and sweets, and tea and others.

Willy-Food Investments Fundamentals Summary

How do Willy-Food Investments's earnings and revenue compare to its market cap?
WLFD fundamental statistics
Market Cap	₪447.14m
Earnings (TTM)	₪26.11m
Revenue (TTM)	₪454.21m

17.1x

P/E Ratio

1.0x

P/S Ratio

Is WLFD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
WLFD income statement (TTM)
Revenue	₪454.21m
Cost of Revenue	₪315.92m
Gross Profit	₪138.29m
Other Expenses	₪112.18m
Earnings	₪26.11m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	1.98
Gross Margin	30.45%
Net Profit Margin	5.75%
Debt/Equity Ratio	0%

How did WLFD perform over the long term?

See historical performance and comparison

Dividends

17.7%

Current Dividend Yield

304%

Payout Ratio

Valuation

Is Willy-Food Investments 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

7.3%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: WLFD (₪33.9) is trading below our estimate of fair value (₪36.57)

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

Price To Earnings Ratio

PE vs Industry: WLFD is poor value based on its PE Ratio (17.1x) compared to the IL Consumer Retailing industry average (16x).

PE vs Market: WLFD is poor value based on its PE Ratio (17.1x) compared to the IL market (11.8x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: WLFD is good value based on its PB Ratio (1.2x) compared to the IL Consumer Retailing industry average (2.2x).

Future Growth

How is Willy-Food Investments 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

18.0%

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 Willy-Food Investments 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 Willy-Food Investments performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

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

32.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WLFD has a large one-off gain of ₪19.5M impacting its December 31 2021 financial results.

Growing Profit Margin: WLFD's current net profit margins (5.7%) are lower than last year (6.8%).

Past Earnings Growth Analysis

Earnings Trend: WLFD's earnings have grown significantly by 32.1% per year over the past 5 years.

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

Earnings vs Industry: WLFD had negative earnings growth (-15.1%) over the past year, making it difficult to compare to the Consumer Retailing industry average (14.2%).

Return on Equity

High ROE: WLFD's Return on Equity (7.3%) is considered low.

Financial Health

How is Willy-Food Investments'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: WLFD's short term assets (₪586.0M) exceed its short term liabilities (₪50.4M).

Long Term Liabilities: WLFD's short term assets (₪586.0M) exceed its long term liabilities (₪6.6M).

Debt to Equity History and Analysis

Debt Level: WLFD is debt free.

Reducing Debt: WLFD had no debt 5 years ago.

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

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

Balance Sheet

Dividend

What is Willy-Food Investments's 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

17.73%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: WLFD's dividend (17.73%) is higher than the bottom 25% of dividend payers in the IL market (1.98%).

High Dividend: WLFD's dividend (17.73%) is in the top 25% of dividend payers in the IL market (5.93%)

Stability and Growth of Payments

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

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

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (303.6%), WLFD's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (204.5%), WLFD's dividend payments are not well covered by cash flows.

Discover strong dividend paying companies

Management

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

4.9yrs

Average board tenure

CEO

Einat Feldshapira (44 yo)

2.17yrs

Tenure

₪949,000

Compensation

CEO Compensation Analysis

Compensation vs Market: Einat's total compensation ($USD280.99K) is about average for companies of similar size in the IL market ($USD382.79K).

Compensation vs Earnings: Insufficient data to compare Einat's compensation with company performance.

Board Members

Experienced Board: WLFD's board of directors are considered experienced (4.9 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	2022/05/19 00:00
End of Day Share Price	2022/05/19 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31