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BRMG

Brimag Digital AgeTASE:BRMG Stock Report

Market Cap

₪344.1m

7D

6.9%

1Y

129.8%

Updated

20 Oct, 2021

Data

Company Financials
BRMG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends4/6

BRMG Overview

Brimag Digital Age Ltd. imports, markets, and distributes home appliances and commercial air conditioning systems in Israel.

Price History & Performance

Summary of all time highs, changes and price drops for Brimag Digital Age
Historical stock prices
Current Share Price₪34.03
52 Week High₪14.51
52 Week Low₪39.70
Beta0.65
1 Month Change8.17%
3 Month Change4.68%
1 Year Change129.78%
3 Year Change92.81%
5 Year Change127.17%
Change since IPO293.32%

Recent News & Updates

May 03
Is Brimag Digital Age (TLV:BRMG) A Risky Investment?

Is Brimag Digital Age (TLV:BRMG) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Apr 16
Here's Why I Think Brimag Digital Age (TLV:BRMG) Might Deserve Your Attention Today

Here's Why I Think Brimag Digital Age (TLV:BRMG) Might Deserve Your Attention Today

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Mar 29
Investors Will Want Brimag Digital Age's (TLV:BRMG) Growth In ROCE To Persist

Investors Will Want Brimag Digital Age's (TLV:BRMG) Growth In ROCE To Persist

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Mar 10
Are Strong Financial Prospects The Force That Is Driving The Momentum In Brimag Digital Age Ltd.'s TLV:BRMG) Stock?

Are Strong Financial Prospects The Force That Is Driving The Momentum In Brimag Digital Age Ltd.'s TLV:BRMG) Stock?

Brimag Digital Age's (TLV:BRMG) stock is up by a considerable 20% over the past three months. Given that the market...

Feb 17
Did You Participate In Any Of Brimag Digital Age's (TLV:BRMG) Fantastic 203% Return ?

Did You Participate In Any Of Brimag Digital Age's (TLV:BRMG) Fantastic 203% Return ?

Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying...

Shareholder Returns

BRMGIL Retail DistributorsIL Market
7D6.9%0.5%0.004%
1Y129.8%7.2%46.5%

Return vs Industry: BRMG exceeded the IL Retail Distributors industry which returned 6.7% over the past year.

Return vs Market: BRMG exceeded the IL Market which returned 46% over the past year.

Price Volatility

Is BRMG's price volatile compared to industry and market?
BRMG volatility
BRMG Beta0.65
Industry Beta0.62
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1993344Pini Cohenhttps://www.brimag.co.il

Brimag Digital Age Ltd. imports, markets, and distributes home appliances and commercial air conditioning systems in Israel. It operates through Commercial Systems Sector and Household Products Sector segments. The company markets household refrigerators, freezers, washing machines, dryers, dishwashers, queues, stoves, etc.; home electronics products, including smart TVs, VR glasses, video cameras, and audio systems; and small electrical appliances, such as vacuum cleaners, coffee makers, microwave ovens, food processors and mixers, wireless telephones, and telephones, toasters, ovens, irons, electric kettles, toiletries, and other products.

Brimag Digital Age Fundamentals Summary

How do Brimag Digital Age's earnings and revenue compare to its market cap?
BRMG fundamental statistics
Market Cap₪344.09m
Earnings (TTM)₪58.83m
Revenue (TTM)₪538.55m

5.8x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BRMG income statement (TTM)
Revenue₪538.55m
Cost of Revenue₪372.15m
Gross Profit₪166.40m
Expenses₪107.57m
Earnings₪58.83m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)5.82
Gross Margin30.90%
Net Profit Margin10.92%
Debt/Equity Ratio21.5%

How did BRMG perform over the long term?

See historical performance and comparison

Dividends

11.6%

Current Dividend Yield

68%

Payout Ratio

Valuation

Is Brimag Digital Age undervalued compared to its fair value and its price relative to the market?

17.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BRMG (₪34.03) is trading below our estimate of fair value (₪41.39)

Significantly Below Fair Value: BRMG is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: BRMG is good value based on its PE Ratio (5.8x) compared to the Asian Retail Distributors industry average (18.8x).

PE vs Market: BRMG is good value based on its PE Ratio (5.8x) compared to the IL market (14.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BRMG is overvalued based on its PB Ratio (1.6x) compared to the XA Retail Distributors industry average (0.9x).


Future Growth

How is Brimag Digital Age forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.2%

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 Brimag Digital Age 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 Brimag Digital Age performed over the past 5 years?

18.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRMG has high quality earnings.

Growing Profit Margin: BRMG's current net profit margins (10.9%) are higher than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: BRMG's earnings have grown by 18.1% per year over the past 5 years.

Accelerating Growth: BRMG's earnings growth over the past year (199.1%) exceeds its 5-year average (18.1% per year).

Earnings vs Industry: BRMG earnings growth over the past year (199.1%) exceeded the Retail Distributors industry 26.3%.


Return on Equity

High ROE: BRMG's Return on Equity (27.6%) is considered high.


Financial Health

How is Brimag Digital Age's financial position?


Financial Position Analysis

Short Term Liabilities: BRMG's short term assets (₪350.1M) exceed its short term liabilities (₪205.6M).

Long Term Liabilities: BRMG's short term assets (₪350.1M) exceed its long term liabilities (₪68.5M).


Debt to Equity History and Analysis

Debt Level: BRMG's debt to equity ratio (21.5%) is considered satisfactory.

Reducing Debt: BRMG's debt to equity ratio has reduced from 51% to 21.5% over the past 5 years.

Debt Coverage: BRMG's debt is well covered by operating cash flow (103.4%).

Interest Coverage: BRMG's interest payments on its debt are well covered by EBIT (8x coverage).


Balance Sheet


Dividend

What is Brimag Digital Age current dividend yield, its reliability and sustainability?

11.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BRMG's dividend (11.62%) is higher than the bottom 25% of dividend payers in the IL market (1.97%).

High Dividend: BRMG's dividend (11.62%) is in the top 25% of dividend payers in the IL market (5.78%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (68%), BRMG's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

10.2yrs

Average management tenure


CEO

Pini Cohen (44 yo)

11.33yrs

Tenure

₪1,808,000

Compensation

Mr. Pini Cohen has been Chief Executive Officer at Brimag Digital Age Ltd. since June 13, 2010. Mr. Cohen serves as the Chief Executive Officer of Brimag Energy Investments Ltd.and B.S. Brimag Energy Inve...


CEO Compensation Analysis

Compensation vs Market: Pini's total compensation ($USD562.71K) is above average for companies of similar size in the IL market ($USD414.50K).

Compensation vs Earnings: Pini's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: BRMG's management team is seasoned and experienced (10.2 years average tenure).


Board Members

Experienced Board: BRMG's board of directors are not considered experienced ( 2.8 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

Brimag Digital Age Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Brimag Digital Age Ltd.
  • Ticker: BRMG
  • Exchange: TASE
  • Founded: 1993
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: ₪344.095m
  • Shares outstanding: 10.11m
  • Website: https://www.brimag.co.il

Number of Employees


Location

  • Brimag Digital Age Ltd.
  • 19 Hashikma Street
  • Azor
  • 58001
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 22:05
End of Day Share Price2021/10/20 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.