Stock Analysis

Summit Real Estate Holdings Full Year 2024 Earnings: EPS: ₪2.88 (vs ₪2.85 loss in FY 2023)

TASE:SMT
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Summit Real Estate Holdings (TLV:SMT) Full Year 2024 Results

Key Financial Results

  • Revenue: ₪925.2m (down 2.1% from FY 2023).
  • Net income: ₪199.8m (up from ₪197.2m loss in FY 2023).
  • Profit margin: 22% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
  • EPS: ₪2.88 (up from ₪2.85 loss in FY 2023).
earnings-and-revenue-history
TASE:SMT Earnings and Revenue History March 29th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Summit Real Estate Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Summit Real Estate Holdings you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About TASE:SMT

Summit Real Estate Holdings

A real estate investment firm specializing in the purchase and operation of office buildings and commercial assets, which are leased to numerous commercial and industrial tenants.

Questionable track record very low.

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