Norstar Holdings (TLV:NSTR) Second Quarter 2024 Results
Key Financial Results
- Revenue: ₪632.0m (down 7.6% from 2Q 2023).
- Net income: ₪119.0m (up from ₪16.0m loss in 2Q 2023).
- Profit margin: 19% (up from net loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Norstar Holdings shares are up 15% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Norstar Holdings (1 is a bit concerning!) that you need to be mindful of.
Valuation is complex, but we're here to simplify it.
Discover if Norstar Holdings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About TASE:NSTR
Norstar Holdings
Through its subsidiaries, acquires, improves, develops, rents, and manages real estate properties in Israel, North America, Brazil, Northern Europe, and Central and Eastern Europe.
Good value with imperfect balance sheet.