Zvi Sarfati & Sons Investments & Constructions Valuation

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

SRFT (₪40) is trading above our estimate of [[fair value]] (₪8.1)

Is SRFT 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 SRFT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SRFT (₪40) is trading above our estimate of fair value (₪8.1)

Significantly Below Fair Value: SRFT is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SRFT. This is calculated by dividing SRFT's market cap by their current earnings.
What is SRFT's PE Ratio?
PE Ratio	15.1x
Earnings	₪46.13m
Market Cap	₪695.93m

SRFT 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	3x
Enterprise Value/EBITDA	12.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SRFT 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	51.3x
ZMH Z.M.H Hammerman	23.7x	n/a	₪757.6m
EFCP Effi Capital Nadlan	11.3x	n/a	₪617.2m
IES I.E.S Holdings	17.8x	n/a	₪1.4b
ALMA Almogim Holdings	152.3x	n/a	₪366.1m
SRFT Zvi Sarfati & Sons Investments & Constructions	15.1x	n/a	₪695.9m

Price-To-Earnings vs Peers: SRFT is good value based on its Price-To-Earnings Ratio (15.1x) compared to the peer average (51.3x).

Price to Earnings Ratio vs Industry

How does SRFT'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: SRFT is good value based on its Price-To-Earnings Ratio (15.1x) compared to the IL Real Estate industry average (15.3x).

Price to Earnings Ratio vs Fair Ratio

What is SRFT'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.

SRFT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SRFT'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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