M.Yochananof and Sons (1988) (TASE:YHNF) - Share price, News & Analysis

YHNF fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	4/6
Financial Health	5/6
Dividends	0/6

YHNF Stock Overview

M.Yochananof and Sons (1988) Ltd operates a chain of Yohananof supermarkets in Israel.

Rewards

Trading at 54.6% below our estimate of its fair value

Earnings are forecast to grow 2.44% per year

Earnings grew by 65.3% over the past year

Risk Analysis

Large one-off items impacting financial results

Shareholders have been diluted in the past year

M.Yochananof and Sons (1988) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for M.Yochananof and Sons (1988)
Historical stock prices
Current Share Price	₪183.30
52 Week High	₪260.00
52 Week Low	₪173.30
Beta	0.21
1 Month Change	-7.33%
3 Month Change	-23.97%
1 Year Change	-2.29%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-4.08%

Recent News & Updates

May 16

Does M.Yochananof and Sons (1988) (TLV:YHNF) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Feb 26

Is M.Yochananof and Sons (1988) (TLV:YHNF) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Dec 08

If You Like EPS Growth Then Check Out M.Yochananof and Sons (1988) (TLV:YHNF) Before It's Too Late

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Nov 23

These 4 Measures Indicate That M.Yochananof and Sons (1988) (TLV:YHNF) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Oct 26

Capital Allocation Trends At M.Yochananof and Sons (1988) (TLV:YHNF) Aren't Ideal

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...

Shareholder Returns

	YHNF	IL Consumer Retailing	IL Market
7D	-6.2%	-2.7%	-0.8%
1Y	-2.3%	-10.9%	9.2%

Return vs Industry: YHNF exceeded the IL Consumer Retailing industry which returned -10.7% over the past year.

Return vs Market: YHNF underperformed the IL Market which returned 6.7% over the past year.

Price Volatility

Is YHNF's price volatile compared to industry and market?
YHNF volatility
YHNF Average Weekly Movement	5.1%
Consumer Retailing Industry Average Movement	4.7%
Market Average Movement	5.5%
10% most volatile stocks in IL Market	8.9%
10% least volatile stocks in IL Market	3.6%

Stable Share Price: YHNF is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: YHNF's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1992	622	n/a	https://www.yochananof.co.il

M.Yochananof and Sons (1988) Ltd operates a chain of Yohananof supermarkets in Israel. It has 26 branches. The company was founded in 1992 and is based in Rehovot, Israel.

M.Yochananof and Sons (1988) Fundamentals Summary

How do M.Yochananof and Sons (1988)'s earnings and revenue compare to its market cap?
YHNF fundamental statistics
Market Cap	₪2.66b
Earnings (TTM)	₪210.32m
Revenue (TTM)	₪3.49b

12.6x

P/E Ratio

0.8x

P/S Ratio

Is YHNF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
YHNF income statement (TTM)
Revenue	₪3.49b
Cost of Revenue	₪2.55b
Gross Profit	₪941.52m
Other Expenses	₪731.20m
Earnings	₪210.32m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	14.52
Gross Margin	27.00%
Net Profit Margin	6.03%
Debt/Equity Ratio	4.3%

How did YHNF perform over the long term?

See historical performance and comparison

Valuation

Is M.Yochananof and Sons (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

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: YHNF (₪183.3) is trading below our estimate of fair value (₪404.1)

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

Price To Earnings Ratio

PE vs Industry: YHNF is good value based on its Price-To-Earnings Ratio (12.6x) compared to the IL Consumer Retailing industry average (15.6x).

PE vs Market: YHNF is poor value based on its Price-To-Earnings Ratio (12.6x) compared to the IL market (11.2x).

Price to Earnings Growth Ratio

PEG Ratio: YHNF is poor value based on its PEG Ratio (5.2x)

Price to Book Ratio

PB vs Industry: YHNF's Price-To-Book Ratio (2x) is in line with the IL Consumer Retailing industry average.

Future Growth

How is M.Yochananof and Sons (1988) forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

3/6

Future Growth Score 3/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

2.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: YHNF's forecast earnings growth (2.4% per year) is above the savings rate (1.5%).

Earnings vs Market: YHNF's earnings (2.4% per year) are forecast to grow faster than the IL market (2.4% per year).

High Growth Earnings: YHNF's earnings are forecast to grow, but not significantly.

Revenue vs Market: YHNF's revenue (6% per year) is forecast to grow faster than the IL market (3.9% per year).

High Growth Revenue: YHNF's revenue (6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if YHNF's Return on Equity is forecast to be high in 3 years time

Past Performance

How has M.Yochananof and Sons (1988) performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

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

32.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: YHNF has a large one-off gain of ₪58.3M impacting its December 31 2021 financial results.

Growing Profit Margin: YHNF's current net profit margins (6%) are higher than last year (4.1%).

Past Earnings Growth Analysis

Earnings Trend: YHNF's earnings have grown significantly by 32.3% per year over the past 5 years.

Accelerating Growth: YHNF's earnings growth over the past year (65.3%) exceeds its 5-year average (32.3% per year).

Earnings vs Industry: YHNF earnings growth over the past year (65.3%) exceeded the Consumer Retailing industry 14.2%.

Return on Equity

High ROE: YHNF's Return on Equity (15.4%) is considered low.

Financial Health

How is M.Yochananof and Sons (1988)'s financial position?

Financial Health Score

5/6

Financial Health Score 5/6

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

Financial Position Analysis

Short Term Liabilities: YHNF's short term assets (₪900.7M) exceed its short term liabilities (₪717.1M).

Long Term Liabilities: YHNF's short term assets (₪900.7M) do not cover its long term liabilities (₪1.3B).

Debt to Equity History and Analysis

Debt Level: YHNF has more cash than its total debt.

Reducing Debt: YHNF's debt to equity ratio has reduced from 369.9% to 4.3% over the past 5 years.

Debt Coverage: YHNF's debt is well covered by operating cash flow (565.7%).

Interest Coverage: YHNF's interest payments on its debt are well covered by EBIT (4.3x coverage).

Balance Sheet

Dividend

What is M.Yochananof and Sons (1988) current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

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

Dividend Yield vs Market

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

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

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

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as YHNF has not reported any payouts.

Discover strong dividend paying companies

Management

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

2.3yrs

Average board tenure

CEO

M.Yochananof and Sons (1988) has no CEO, or we have no data on them.

Board Members

Experienced Board: YHNF's board of directors are not considered experienced ( 2.3 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 14.2%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/27 00:00
End of Day Share Price	2022/05/26 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31