company background image
ZUR

Zur Shamir Holdings TASE:ZUR Stock Report

Last Price

₪11.00

Market Cap

₪716.1m

7D

1.9%

1Y

11.1%

Updated

05 Aug, 2022

Data

Company Financials
ZUR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends3/6

ZUR Stock Overview

Zur Shamir Holdings Ltd., through its subsidiaries, operates in the insurance, consumer credit, and real estate markets in Israel.

Zur Shamir Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zur Shamir Holdings
Historical stock prices
Current Share Price₪11.00
52 Week High₪14.31
52 Week Low₪9.20
Beta1.19
1 Month Change6.80%
3 Month Change-10.13%
1 Year Change11.11%
3 Year Change11.16%
5 Year Change-8.10%
Change since IPO1,194.12%

Recent News & Updates

Feb 23
How Much Of Zur Shamir Holdings Ltd (TLV:ZUR) Do Insiders Own?

How Much Of Zur Shamir Holdings Ltd (TLV:ZUR) Do Insiders Own?

Every investor in Zur Shamir Holdings Ltd ( TLV:ZUR ) should be aware of the most powerful shareholder groups. Insiders...

Shareholder Returns

ZURIL InsuranceIL Market
7D1.9%2.2%0.9%
1Y11.1%9.9%13.5%

Return vs Industry: ZUR exceeded the IL Insurance industry which returned 9.9% over the past year.

Return vs Market: ZUR underperformed the IL Market which returned 13.5% over the past year.

Price Volatility

Is ZUR's price volatile compared to industry and market?
ZUR volatility
ZUR Average Weekly Movement3.7%
Insurance Industry Average Movement5.3%
Market Average Movement5.4%
10% most volatile stocks in IL Market8.9%
10% least volatile stocks in IL Market3.7%

Stable Share Price: ZUR is less volatile than 75% of IL stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1957606Muki Schneidmanhttps://www.zur-shamir.com

Zur Shamir Holdings Ltd., through its subsidiaries, operates in the insurance, consumer credit, and real estate markets in Israel. The company provides insurance products, such as compulsory car, property car, property, general, medical expenses and hospitalization, personal accident, critical illness, travel, health, and life insurance and savings products. It also involved in the direct financing activity, provision of loans for purchase of vehicles, as well as investment in real estate assets.

Zur Shamir Holdings Fundamentals Summary

How do Zur Shamir Holdings's earnings and revenue compare to its market cap?
ZUR fundamental statistics
Market Cap₪716.10m
Earnings (TTM)₪91.35m
Revenue (TTM)₪3.26b

7.8x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ZUR income statement (TTM)
Revenue₪3.26b
Cost of Revenue₪1.70b
Gross Profit₪1.56b
Other Expenses₪1.46b
Earnings₪91.35m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.40
Gross Margin47.78%
Net Profit Margin2.80%
Debt/Equity Ratio389.8%

How did ZUR perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

34%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 ZUR?

Other financial metrics that can be useful for relative valuation.

ZUR 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/Revenue3.2x
Enterprise Value/EBITDA11.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

ZUR PE Ratio vs Peers
The above table shows the PE ratio for ZUR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average5.4x
IDIN I.D.I. Insurance
8.5xn/a₪1.3b
MMHD Menora Mivtachim Holdings
6.2xn/a₪4.6b
CLIS Clal Insurance Enterprises Holdings
4xn/a₪4.9b
MGDL Migdal Insurance and Financial Holdings
2.8xn/a₪5.6b
ZUR Zur Shamir Holdings
7.8xn/a₪716.1m

Price-To-Earnings vs Peers: ZUR is expensive based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (5.4x).


Price to Earnings Ratio vs Industry

How does ZUR's PE Ratio compare vs other companies in the Asian Insurance Industry?

Price-To-Earnings vs Industry: ZUR is expensive based on its Price-To-Earnings Ratio (7.8x) compared to the IL Insurance industry average (4.8x)


Price to Earnings Ratio vs Fair Ratio

What is ZUR'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.

ZUR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.8x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: ZUR (₪11) is trading below our estimate of fair value (₪22.5)

Significantly Below Fair Value: ZUR 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.


Discover undervalued companies

Future Growth

How is Zur Shamir Holdings 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


12.7%

Forecasted Insurance 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 Zur Shamir Holdings 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

  • Take a look at our analysis of ZUR’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Zur Shamir Holdings 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


7.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ZUR has a large one-off gain of ₪231.9M impacting its March 31 2022 financial results.

Growing Profit Margin: ZUR's current net profit margins (2.8%) are lower than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: ZUR's earnings have grown by 7.7% per year over the past 5 years.

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

Earnings vs Industry: ZUR had negative earnings growth (-23.3%) over the past year, making it difficult to compare to the Insurance industry average (40.8%).


Return on Equity

High ROE: ZUR's Return on Equity (16.3%) is considered low.


Discover strong past performing companies

Financial Health

How is Zur Shamir Holdings's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ZUR's short term assets (₪5.9B) exceed its short term liabilities (₪4.7B).

Long Term Liabilities: ZUR's short term assets (₪5.9B) do not cover its long term liabilities (₪10.2B).


Debt to Equity History and Analysis

Debt Level: ZUR's net debt to equity ratio (324.8%) is considered high.

Reducing Debt: ZUR's debt to equity ratio has reduced from 506% to 389.8% over the past 5 years.

Debt Coverage: ZUR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ZUR's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Zur Shamir Holdings'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

  • Cash Flow Coverage


5.42%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ZUR's dividend (5.42%) is higher than the bottom 25% of dividend payers in the IL market (1.91%).

High Dividend: ZUR's dividend (5.42%) is low compared to the top 25% of dividend payers in the IL market (6.36%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34%), ZUR's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ZUR is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

7.6yrs

Average management tenure


CEO

Muki Schneidman (66 yo)

32.67yrs

Tenure

₪4,462,000

Compensation

Mr. Moshe Schneidman, also known as Muki, serves as Chairman of I.D.I Issues (2010) Ltd. He has been the Chief Executive Officer of Zur Shamir Holdings Ltd. since December 1, 1989 and serves as its Managin...


Leadership Team

Experienced Management: ZUR's management team is seasoned and experienced (7.6 years average tenure).


Board Members

Experienced Board: ZUR's board of directors are considered experienced (8 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

Zur Shamir Holdings Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Zur Shamir Holdings Ltd
  • Ticker: ZUR
  • Exchange: TASE
  • Founded: 1957
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Implied Market Cap: ₪716.098m
  • Shares outstanding: 65.10m
  • Website: https://www.zur-shamir.com

Number of Employees


Location

  • Zur Shamir Holdings Ltd
  • 35 Efal Street
  • Petah Tikva
  • 4951132
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/05 00:00
End of Day Share Price2022/08/04 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.