Airport City Valuation

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: ARPT (₪61.16) is trading below our estimate of fair value (₪99.8)

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

Key Valuation Metric

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

Key metric: As ARPT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ARPT. This is calculated by dividing ARPT's market cap by their current earnings.
What is ARPT's PE Ratio?
PE Ratio	19.2x
Earnings	₪365.81m
Market Cap	₪7.04b

ARPT 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/Revenue	11.4x
Enterprise Value/EBITDA	16.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ARPT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	12.8x
DIMRI Y.H. Dimri Construction & Development	15.6x	n/a	₪7.1b
ISRS Isras Investment	7.7x	n/a	₪4.2b
PTBL Property & Building	18.3x	n/a	₪1.9b
HGG Hagag Group Real Estate Entrepreneurship	9.6x	n/a	₪1.2b
ARPT Airport City	19.5x	n/a	₪7.1b

Price-To-Earnings vs Peers: ARPT is expensive based on its Price-To-Earnings Ratio (19.5x) compared to the peer average (12.7x).

Price to Earnings Ratio vs Industry

How does ARPT's PE Ratio compare vs other companies in the IL Real Estate Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ARPT is expensive based on its Price-To-Earnings Ratio (19.5x) compared to the IL Real Estate industry average (15.4x).

Price to Earnings Ratio vs Fair Ratio

What is ARPT'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.

ARPT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	19.2x
Fair PE Ratio	n/a

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

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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