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ALHE

Alony-Hetz Properties & Investments TASE:ALHE Stock Report

Last Price

₪49.19

Market Cap

₪8.6b

7D

-1.3%

1Y

4.6%

Updated

23 May, 2022

Data

Company Financials
ALHE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends3/6

ALHE Stock Overview

Alony Hetz Properties and Investments Ltd.

Alony-Hetz Properties & Investments Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Alony-Hetz Properties & Investments
Historical stock prices
Current Share Price₪49.19
52 Week High₪61.50
52 Week Low₪40.72
Beta0.59
1 Month Change-8.87%
3 Month Change-12.97%
1 Year Change4.64%
3 Year Change8.71%
5 Year Change40.14%
Change since IPO-48.76%

Recent News & Updates

Jan 31
Is Alony-Hetz Properties & Investments (TLV:ALHE) Using Too Much Debt?

Is Alony-Hetz Properties & Investments (TLV:ALHE) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Nov 01
Does Alony-Hetz Properties & Investments (TLV:ALHE) Have A Healthy Balance Sheet?

Does Alony-Hetz Properties & Investments (TLV:ALHE) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

ALHEIL Real EstateIL Market
7D-1.3%-2.7%-2.0%
1Y4.6%9.1%11.5%

Return vs Industry: ALHE underperformed the IL Real Estate industry which returned 8.3% over the past year.

Return vs Market: ALHE underperformed the IL Market which returned 10.7% over the past year.

Price Volatility

Is ALHE's price volatile compared to industry and market?
ALHE volatility
ALHE Average Weekly Movement3.9%
Real Estate Industry Average Movement5.7%
Market Average Movement5.4%
10% most volatile stocks in IL Market9.0%
10% least volatile stocks in IL Market3.6%

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

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

About the Company

FoundedEmployeesCEOWebsite
1989n/aNathan Hetzhttps://www.alony-hetz.com

Alony Hetz Properties and Investments Ltd. publicly owned holding real-estate investment manager. Through its subsidiaries, the firm focuses on income-generating commercial real estate.

Alony-Hetz Properties & Investments Fundamentals Summary

How do Alony-Hetz Properties & Investments's earnings and revenue compare to its market cap?
ALHE fundamental statistics
Market Cap₪8.57b
Earnings (TTM)₪1.56b
Revenue (TTM)₪1.45b

5.5x

P/E Ratio

5.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALHE income statement (TTM)
Revenue₪1.45b
Cost of Revenue₪143.65m
Gross Profit₪1.30b
Other Expenses-₪255.18m
Earnings₪1.56b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 25, 2022

Earnings per share (EPS)8.94
Gross Margin90.07%
Net Profit Margin107.71%
Debt/Equity Ratio136.2%

How did ALHE perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

14%

Payout Ratio

Valuation

Is Alony-Hetz Properties & Investments undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


5.5x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: ALHE (₪49.19) is trading above our estimate of fair value (₪25.33)

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


Price To Earnings Ratio

PE vs Industry: ALHE is good value based on its PE Ratio (5.5x) compared to the IL Real Estate industry average (7.8x).

PE vs Market: ALHE is good value based on its PE Ratio (5.5x) compared to the IL market (11.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ALHE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ALHE is good value based on its PB Ratio (1.1x) compared to the IL Real Estate industry average (1.3x).


Future Growth

How is Alony-Hetz Properties & Investments 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


14.3%

Forecasted Real Estate 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 Alony-Hetz Properties & Investments 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.


Past Performance

How has Alony-Hetz Properties & Investments performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


7.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ALHE has a high level of non-cash earnings.

Growing Profit Margin: ALHE's current net profit margins are higher than last year (21.1%).


Past Earnings Growth Analysis

Earnings Trend: ALHE's earnings have grown by 7% per year over the past 5 years.

Accelerating Growth: ALHE's earnings growth over the past year (414.2%) exceeds its 5-year average (7% per year).

Earnings vs Industry: ALHE earnings growth over the past year (414.2%) exceeded the Real Estate industry 140%.


Return on Equity

High ROE: ALHE's Return on Equity (17.2%) is considered low.


Financial Health

How is Alony-Hetz Properties & Investments'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: ALHE's short term assets (₪1.8B) do not cover its short term liabilities (₪2.4B).

Long Term Liabilities: ALHE's short term assets (₪1.8B) do not cover its long term liabilities (₪17.7B).


Debt to Equity History and Analysis

Debt Level: ALHE's net debt to equity ratio (126.4%) is considered high.

Reducing Debt: ALHE's debt to equity ratio has reduced from 139.7% to 136.2% over the past 5 years.

Debt Coverage: ALHE's debt is not well covered by operating cash flow (4.1%).

Interest Coverage: ALHE's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


Dividend

What is Alony-Hetz Properties & Investments'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

  • Future Dividend Coverage


3.45%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ALHE's dividend (3.46%) is higher than the bottom 25% of dividend payers in the IL market (1.97%).

High Dividend: ALHE's dividend (3.46%) is low compared to the top 25% of dividend payers in the IL market (6%).


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.6%), ALHE's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: ALHE 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?

15.6yrs

Average management tenure


CEO

Nathan Hetz (69 yo)

29.33yrs

Tenure

₪5,856,000

Compensation

Mr. Nathan Hetz is Member of the Board of Directors and CEO of the publicly listed Alony Hetz Properties & Investments Ltd, Ramat-Gan, Israel since 1989, Chairman of the Board of Directors of the publicly...


CEO Compensation Analysis

Compensation vs Market: Nathan's total compensation ($USD1.76M) is about average for companies of similar size in the IL market ($USD1.42M).

Compensation vs Earnings: Nathan's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ALHE's management team is seasoned and experienced (15.6 years average tenure).


Board Members

Experienced Board: ALHE's board of directors are considered experienced (9 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

Alony-Hetz Properties & Investments Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Alony-Hetz Properties & Investments Ltd
  • Ticker: ALHE
  • Exchange: TASE
  • Founded: 1989
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Implied Market Cap: ₪8.572b
  • Shares outstanding: 174.26m
  • Website: https://www.alony-hetz.com

Location

  • Alony-Hetz Properties & Investments Ltd
  • Amot Atrium Tower
  • 2, Jabotinsky Street
  • Ramat-Gan
  • 5250501
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2021/12/31
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.