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SMNI

Shemen Industries TASE:SMNIN Stock Report

Last Price

₪13.72

Market Cap

₪304.4m

7D

4.3%

1Y

61.6%

Updated

15 Aug, 2022

Data

Company Financials
SMNIN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

SMNIN Stock Overview

Shemen Industries Ltd engages in the purchase, development, production, marketing, and sale of industrial products and raw materials to the food and livestock industry in Israel.

Shemen Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shemen Industries
Historical stock prices
Current Share Price₪13.72
52 Week High₪22.00
52 Week Low₪8.35
Beta-0.21
1 Month Change-20.28%
3 Month Change-31.98%
1 Year Change61.62%
3 Year Change106.38%
5 Year Change45.99%
Change since IPO-85.40%

Recent News & Updates

Nov 25
Shemen Industries (TLV:SMNIN) Hasn't Managed To Accelerate Its Returns

Shemen Industries (TLV:SMNIN) Hasn't Managed To Accelerate Its Returns

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Sep 02
Is Shemen Industries (TLV:SMNIN) A Risky Investment?

Is Shemen Industries (TLV:SMNIN) A Risky Investment?

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

Mar 18
The Returns On Capital At Shemen Industries (TLV:SMNIN) Don't Inspire Confidence

The Returns On Capital At Shemen Industries (TLV:SMNIN) Don't Inspire Confidence

What financial metrics can indicate to us that a company is maturing or even in decline? When we see a declining return...

Shareholder Returns

SMNINIL FoodIL Market
7D4.3%4.3%4.8%
1Y61.6%10.8%16.8%

Return vs Industry: SMNIN exceeded the IL Food industry which returned 10.8% over the past year.

Return vs Market: SMNIN exceeded the IL Market which returned 16.8% over the past year.

Price Volatility

Is SMNIN's price volatile compared to industry and market?
SMNIN volatility
SMNIN Average Weekly Movement6.6%
Food Industry Average Movement4.1%
Market Average Movement5.3%
10% most volatile stocks in IL Market8.9%
10% least volatile stocks in IL Market3.6%

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

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

About the Company

FoundedEmployeesCEOWebsite
191917Yossi Markovichhttps://www.shemen.co.il

Shemen Industries Ltd engages in the purchase, development, production, marketing, and sale of industrial products and raw materials to the food and livestock industry in Israel. The company provides packaged consumer oils, including olive oil, canola rapeseed oil, soybean oil, sunflower oil, cops and seeds, tuna products, and sprays and other oil-based products under the Olive Tree, Oil, Milomor, and Meged brands. It also serves consumer, home, and institutional markets.

Shemen Industries Fundamentals Summary

How do Shemen Industries's earnings and revenue compare to its market cap?
SMNIN fundamental statistics
Market Cap₪304.42m
Earnings (TTM)₪24.77m
Revenue (TTM)₪3.71m

12.3x

P/E Ratio

82.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SMNIN income statement (TTM)
Revenue₪3.71m
Cost of Revenue₪6.86m
Gross Profit-₪3.15m
Other Expenses-₪27.92m
Earnings₪24.77m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.12
Gross Margin-85.00%
Net Profit Margin668.29%
Debt/Equity Ratio0%

How did SMNIN perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is SMNIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SMNIN?

Other financial metrics that can be useful for relative valuation.

SMNIN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue55.7x
Enterprise Value/EBITDA-26.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does SMNIN's PE Ratio compare to its peers?

SMNIN PE Ratio vs Peers
The above table shows the PE ratio for SMNIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12x
GSFI Gan Shmuel Foods
13xn/a₪260.8m
ZNKL Zanlakol
13.4xn/a₪273.9m
NTO Neto M.E Holdings
7.6xn/a₪667.9m
NTML Neto Malinda Trading
14.1xn/a₪2.6b
SMNIN Shemen Industries
12.3xn/a₪304.4m

Price-To-Earnings vs Peers: SMNIN is expensive based on its Price-To-Earnings Ratio (12.3x) compared to the peer average (12x).


Price to Earnings Ratio vs Industry

How does SMNIN's PE Ratio compare vs other companies in the Asian Food Industry?

Price-To-Earnings vs Industry: SMNIN is good value based on its Price-To-Earnings Ratio (12.3x) compared to the IL Food industry average (13.2x)


Price to Earnings Ratio vs Fair Ratio

What is SMNIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SMNIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SMNIN's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SMNIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SMNIN (₪13.72) is trading below our estimate of fair value (₪1553.7)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Shemen Industries 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


23.2%

Forecasted Food, Beverage & Tobacco 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 Shemen 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.


Discover growth companies

  • Examine whether Shemen Industries is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Shemen Industries 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


-48.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SMNIN has a large one-off gain of ₪46.5M impacting its March 31 2022 financial results.

Growing Profit Margin: SMNIN became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SMNIN's earnings have declined by 48.4% per year over the past 5 years.

Accelerating Growth: SMNIN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SMNIN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (14.1%).


Return on Equity

High ROE: SMNIN's Return on Equity (8.4%) is considered low.


Discover strong past performing companies

Financial Health

How is Shemen Industries'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: SMNIN's short term assets (₪109.0M) exceed its short term liabilities (₪13.6M).

Long Term Liabilities: SMNIN's short term assets (₪109.0M) exceed its long term liabilities (₪53.0M).


Debt to Equity History and Analysis

Debt Level: SMNIN is debt free.

Reducing Debt: SMNIN has no debt compared to 5 years ago when its debt to equity ratio was 109.4%.

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

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


Balance Sheet


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Dividend

What is Shemen Industries's 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

  • Cash Flow Coverage

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SMNIN'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 SMNIN has not reported any payouts.


Discover strong dividend paying companies

Management

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

12.1yrs

Average board tenure


CEO

Yossi Markovich (47 yo)

no data

Tenure

₪660,000

Compensation

Mr. Yossi Markovich serves as Chief Executive Officer at Shemen Industries Ltd and served as its Chief financial Officer since 2019.


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Yossi's total compensation is reasonable compared to companies of similar size in the IL market.

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


Board Members

Experienced Board: SMNIN's board of directors are seasoned and experienced ( 12.1 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

Shemen Industries Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Shemen Industries Ltd
  • Ticker: SMNIN
  • Exchange: TASE
  • Founded: 1919
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₪304.420m
  • Shares outstanding: 22.19m
  • Website: https://www.shemen.co.il

Number of Employees


Location

  • Shemen Industries Ltd
  • 2 Tovim Street
  • Haifa
  • 31000
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/15 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.