TASE:MSHR

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Mishorim Real Estate Investments

Market Cap

₪266.4m

Last Updated

2021/06/11 17:16 UTC

Data Sources

Company Financials

Executive Summary

Mishorim Real Estate Investments Ltd engages in the investment, development, rental, and sale of real estate assets, hotels, and resorts in Canada, Israel, and the United States. More Details


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

How has Mishorim Real Estate Investments's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MSHR is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 4% a week.

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


Market Performance


7 Day Return

-2.8%

MSHR

1.8%

IL Real Estate

0.6%

IL Market


1 Year Return

44.2%

MSHR

45.7%

IL Real Estate

37.3%

IL Market

Return vs Industry: MSHR underperformed the IL Real Estate industry which returned 45.7% over the past year.

Return vs Market: MSHR exceeded the IL Market which returned 37.3% over the past year.


Shareholder returns

MSHRIndustryMarket
7 Day-2.8%1.8%0.6%
30 Day2.1%4.5%2.7%
90 Day30.5%20.5%9.4%
1 Year44.2%44.2%49.5%45.7%40.4%37.3%
3 Year10.2%10.2%61.4%49.5%45.7%34.9%
5 Year19.7%19.7%102.4%76.4%94.5%66.2%

Long-Term Price Volatility Vs. Market

How volatile is Mishorim Real Estate Investments's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mishorim Real Estate Investments undervalued compared to its fair value and its price relative to the market?

0.54x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MSHR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MSHR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MSHR is unprofitable, so we can't compare its PE Ratio to the IL Real Estate industry average.

PE vs Market: MSHR is unprofitable, so we can't compare its PE Ratio to the IL market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MSHR is good value based on its PB Ratio (0.5x) compared to the IL Real Estate industry average (1.4x).


Future Growth

How is Mishorim Real Estate Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.0%

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 Mishorim Real Estate 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 Mishorim Real Estate Investments performed over the past 5 years?

-19.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MSHR is currently unprofitable.

Growing Profit Margin: MSHR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MSHR is unprofitable, and losses have increased over the past 5 years at a rate of 19.3% per year.

Accelerating Growth: Unable to compare MSHR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MSHR is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-12.6%).


Return on Equity

High ROE: MSHR has a negative Return on Equity (-5.24%), as it is currently unprofitable.


Financial Health

How is Mishorim Real Estate Investments's financial position?


Financial Position Analysis

Short Term Liabilities: MSHR's short term assets (₪495.7M) exceed its short term liabilities (₪460.2M).

Long Term Liabilities: MSHR's short term assets (₪495.7M) do not cover its long term liabilities (₪1.5B).


Debt to Equity History and Analysis

Debt Level: MSHR's debt to equity ratio (188.9%) is considered high.

Reducing Debt: MSHR's debt to equity ratio has increased from 154.8% to 188.9% over the past 5 years.

Debt Coverage: MSHR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: MSHR is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

What is Mishorim Real Estate Investments's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MSHR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MSHR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MSHR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MSHR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: MSHR is not paying a notable dividend for the IL market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MSHR's dividend in 3 years as they are not forecast to pay a notable one for the IL market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average board tenure


CEO

Daniel Leventhal (52 yo)

no data

Tenure


Board Members

Experienced Board: MSHR's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


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

Mishorim Real Estate Investments Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mishorim Real Estate Investments Ltd
  • Ticker: MSHR
  • Exchange: TASE
  • Founded: 1990
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: ₪266.407m
  • Shares outstanding: 34.58m
  • Website: https://www.mishorim.com

Number of Employees


Location

  • Mishorim Real Estate Investments Ltd
  • BSR Building 4
  • 14th floor
  • Bnei Brak
  • Israel

Listings


Biography

Mishorim Real Estate Investments Ltd engages in the investment, development, rental, and sale of real estate assets, hotels, and resorts in Canada, Israel, and the United States. Its portfolio also covers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/11 17:16
End of Day Share Price2021/06/10 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.