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ADKA

Adika StyleTASE:ADKA Stock Report

Market Cap

₪101.7m

7D

7.8%

1Y

-66.6%

Updated

26 Nov, 2021

Data

Company Financials
ADKA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

ADKA Stock Overview

Adika Style Ltd. operates an online fashion store under the Adika brand in Israel.

Price History & Performance

Summary of all time highs, changes and price drops for Adika Style
Historical stock prices
Current Share Price₪3.74
52 Week High₪17.80
52 Week Low₪3.25
Beta1.34
1 Month Change-11.44%
3 Month Change-36.63%
1 Year Change-66.57%
3 Year Change-48.65%
5 Year Changen/a
Change since IPO-57.26%

Recent News & Updates

Sep 14
Adika Style (TLV:ADKA) Has Debt But No Earnings; Should You Worry?

Adika Style (TLV:ADKA) Has Debt But No Earnings; Should You Worry?

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

Apr 28
We Like These Underlying Return On Capital Trends At Adika Style (TLV:ADKA)

We Like These Underlying Return On Capital Trends At Adika Style (TLV:ADKA)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...

Mar 03
Adika Style Ltd.'s (TLV:ADKA) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Adika Style Ltd.'s (TLV:ADKA) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Adika Style's (TLV:ADKA) stock is up by a considerable 56% over the past three months. As most would know, fundamentals...

Shareholder Returns

ADKAIL Online RetailIL Market
7D7.8%-4.5%-0.08%
1Y-66.6%-8.8%38.7%

Return vs Industry: ADKA underperformed the IL Online Retail industry which returned -5.8% over the past year.

Return vs Market: ADKA underperformed the IL Market which returned 38.7% over the past year.

Price Volatility

Is ADKA's price volatile compared to industry and market?
ADKA volatility
ADKA Average Weekly Movement8.8%
Online Retail Industry Average Movement6.1%
Market Average Movement4.4%
10% most volatile stocks in IL Market8.2%
10% least volatile stocks in IL Market2.7%

Stable Share Price: ADKA is more volatile than 90% of IL stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: ADKA's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of IL stocks.

About the Company

FoundedEmployeesCEOWebsite
2012451Roi Hasselhttps://www.adikastyle.com

Adika Style Ltd. operates an online fashion store under the Adika brand in Israel. The company sells clothing, including T-shirts and bodysuits, dresses and skirts, pants and overalls, knitwear and sweatshirts, jackets and coats, shirts, denim, sweaters, leotards, swimwear and beachwear, and pajamas and lingerie; storage products, decorations, pillows and textiles, and shelves and racks, as well as products for use in bathrooms, kitchens, and bedrooms; and accessories, including notebooks and writing tools, necklaces and chokers, bracelets and rings, earrings, hats and hair accessories, socks and tights, belts, sunglasses, iPhone covers, and other fun stuff. It also sells backpacks, pouch bags, carrying cases, and clutches and purses; and shoes, such as sneakers, heels, sandals and flip flops, and boots.

Adika Style Fundamentals Summary

How do Adika Style's earnings and revenue compare to its market cap?
ADKA fundamental statistics
Market Cap₪101.70m
Earnings (TTM)-₪20.78m
Revenue (TTM)₪226.62m

0.4x

P/S Ratio

-4.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ADKA income statement (TTM)
Revenue₪226.62m
Cost of Revenue₪125.40m
Gross Profit₪101.23m
Expenses₪122.01m
Earnings-₪20.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.76
Gross Margin44.67%
Net Profit Margin-9.17%
Debt/Equity Ratio44.4%

How did ADKA perform over the long term?

See historical performance and comparison

Valuation

Is Adika Style undervalued compared to its fair value and its price relative to the market?

3.47x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: ADKA is unprofitable, so we can't compare its PE Ratio to the Asian Online Retail industry average.

PE vs Market: ADKA 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 ADKA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ADKA is overvalued based on its PB Ratio (3.5x) compared to the XA Online Retail industry average (2.7x).


Future Growth

How is Adika Style forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

64.0%

Forecasted Retail 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 Adika Style 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 Adika Style performed over the past 5 years?

-41.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADKA is currently unprofitable.

Growing Profit Margin: ADKA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ADKA is unprofitable, and losses have increased over the past 5 years at a rate of 41% per year.

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

Earnings vs Industry: ADKA is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (34.2%).


Return on Equity

High ROE: ADKA has a negative Return on Equity (-70.88%), as it is currently unprofitable.


Financial Health

How is Adika Style's financial position?


Financial Position Analysis

Short Term Liabilities: ADKA's short term assets (₪65.7M) exceed its short term liabilities (₪64.8M).

Long Term Liabilities: ADKA's short term assets (₪65.7M) do not cover its long term liabilities (₪90.0M).


Debt to Equity History and Analysis

Debt Level: ADKA's net debt to equity ratio (3.8%) is considered satisfactory.

Reducing Debt: ADKA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: ADKA's debt is not well covered by operating cash flow (1.6%).

Interest Coverage: Insufficient data to determine if ADKA's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Adika Style current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ADKA'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 ADKA's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ADKA'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?

1.5yrs

Average management tenure


CEO

Roi Hassel (42 yo)

1.5yrs

Tenure

₪3,072,921

Compensation

Mr. Roi Hassel serves as Acting Chief Executive Officer and Director of Adika Style Ltd. since May 6, 2020.


CEO Compensation Analysis

Compensation vs Market: Roi's total compensation ($USD972.47K) is above average for companies of similar size in the IL market ($USD415.00K).

Compensation vs Earnings: Insufficient data to compare Roi's compensation with company performance.


Leadership Team

Experienced Management: ADKA's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: ADKA's board of directors are not considered experienced ( 2.5 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 been diluted in the past year, with total shares outstanding growing by 30.6%.


Top Shareholders

Company Information

Adika Style Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Adika Style Ltd.
  • Ticker: ADKA
  • Exchange: TASE
  • Founded: 2012
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: ₪101.705m
  • Shares outstanding: 27.21m
  • Website: https://www.adikastyle.com

Number of Employees


Location

  • Adika Style Ltd.
  • Meitav 6
  • Tel Aviv
  • 6789805
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 17:15
End of Day Share Price2021/11/25 00:00
Earnings2021/06/30
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.