Announcement • Jun 01
Fox-Wizel Ltd., Annual General Meeting, Jul 06, 2026 Fox-Wizel Ltd., Annual General Meeting, Jul 06, 2026. Location: co. offices, Israel New Risk • May 27
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.6% Last year net profit margin: 4.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.6% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (2.6% net profit margin). Reported Earnings • May 27
First quarter 2026 earnings released: ₪1.78 loss per share (vs ₪1.10 profit in 1Q 2025) First quarter 2026 results: ₪1.78 loss per share (down from ₪1.10 profit in 1Q 2025). Revenue: ₪1.56b (up 5.5% from 1Q 2025). Net loss: ₪24.7m (down 263% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 25
Full year 2025 earnings released: EPS: ₪16.54 (vs ₪21.08 in FY 2024) Full year 2025 results: EPS: ₪16.54 (down from ₪21.08 in FY 2024). Revenue: ₪7.08b (up 10% from FY 2024). Net income: ₪229.3m (down 21% from FY 2024). Profit margin: 3.2% (down from 4.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₪259, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 14x in the Specialty Retail industry in Israel. Total loss to shareholders of 2.4% over the past three years. Reported Earnings • Nov 27
Third quarter 2025 earnings released: EPS: ₪4.18 (vs ₪3.75 in 3Q 2024) Third quarter 2025 results: EPS: ₪4.18 (up from ₪3.75 in 3Q 2024). Revenue: ₪1.91b (up 17% from 3Q 2024). Net income: ₪57.9m (up 12% from 3Q 2024). Profit margin: 3.0% (down from 3.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Nov 27
Fox-Wizel Ltd., Annual General Meeting, Dec 31, 2025 Fox-Wizel Ltd., Annual General Meeting, Dec 31, 2025. Location: co. offices, Israel Announcement • Nov 10
Fox-Wizel Ltd. to Report Q3, 2025 Results on Nov 26, 2025 Fox-Wizel Ltd. announced that they will report Q3, 2025 results on Nov 26, 2025 Upcoming Dividend • Sep 07
Upcoming dividend of ₪2.44 per share Eligible shareholders must have bought the stock before 11 September 2025. Payment date: 25 September 2025. Payout ratio is on the higher end at 89%, and the cash payout ratio is above 100%. Trailing yield: 4.5%. Lower than top quartile of Israeli dividend payers (5.6%). Lower than average of industry peers (7.1%). Declared Dividend • Aug 24
First half dividend of ₪2.44 announced Shareholders will receive a dividend of ₪2.44. Ex-date: 11th September 2025 Payment date: 25th September 2025 Dividend yield will be 4.1%, which is lower than the industry average of 10%. Sustainability & Growth Dividend is covered by earnings (89% earnings payout ratio) but not covered by cash flows (dividend approximately 17x free cash flows). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share declined by 1.1% over the last 5 years, which if continued should see the payout ratio increase to a potentially unsustainable range. Reported Earnings • Aug 23
Second quarter 2025 earnings released: EPS: ₪3.83 (vs ₪6.92 in 2Q 2024) Second quarter 2025 results: EPS: ₪3.83 (down from ₪6.92 in 2Q 2024). Revenue: ₪1.62b (up 2.2% from 2Q 2024). Net income: ₪52.4m (down 45% from 2Q 2024). Profit margin: 3.2% (down from 6.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Aug 04
Fox-Wizel Ltd. to Report Q2, 2025 Results on Aug 21, 2025 Fox-Wizel Ltd. announced that they will report Q2, 2025 results on Aug 21, 2025 New Risk • Jul 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Reported Earnings • May 28
First quarter 2025 earnings released: EPS: ₪1.10 (vs ₪1.98 in 1Q 2024) First quarter 2025 results: EPS: ₪1.10 (down from ₪1.98 in 1Q 2024). Revenue: ₪1.48b (up 14% from 1Q 2024). Net income: ₪15.2m (down 44% from 1Q 2024). Profit margin: 1.0% (down from 2.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₪309, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 16x in the Specialty Retail industry in Israel. Total loss to shareholders of 22% over the past three years. Announcement • May 20
Fox-Wizel Ltd. to Report Q1, 2025 Results on May 25, 2025 Fox-Wizel Ltd. announced that they will report Q1, 2025 results on May 25, 2025 Reported Earnings • Mar 29
Full year 2024 earnings released: EPS: ₪21.08 (vs ₪10.85 in FY 2023) Full year 2024 results: EPS: ₪21.08 (up from ₪10.85 in FY 2023). Revenue: ₪6.42b (up 19% from FY 2023). Net income: ₪291.0m (up 95% from FY 2023). Profit margin: 4.5% (up from 2.8% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Announcement • Feb 26
Fox-Wizel Ltd. to Report Fiscal Year 2024 Results on Mar 27, 2025 Fox-Wizel Ltd. announced that they will report fiscal year 2024 results on Mar 27, 2025 Reported Earnings • Nov 27
Third quarter 2024 earnings released: EPS: ₪3.75 (vs ₪1.15 in 3Q 2023) Third quarter 2024 results: EPS: ₪3.75 (up from ₪1.15 in 3Q 2023). Revenue: ₪1.63b (up 17% from 3Q 2023). Net income: ₪51.8m (up 227% from 3Q 2023). Profit margin: 3.2% (up from 1.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 19% per year. Declared Dividend • Aug 24
First half dividend of ₪4.45 announced Shareholders will receive a dividend of ₪4.45. Ex-date: 11th September 2024 Payment date: 25th September 2024 Dividend yield will be 3.1%, which is lower than the industry average of 10%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 5.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 7.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 22
Fox-Wizel Ltd., Annual General Meeting, Oct 01, 2024 Fox-Wizel Ltd., Annual General Meeting, Oct 01, 2024. Location: co. offices, Israel New Risk • May 29
New major risk - Revenue and earnings growth Earnings have declined by 0.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • May 29
First quarter 2024 earnings released: EPS: ₪1.98 (vs ₪0.41 loss in 1Q 2023) First quarter 2024 results: EPS: ₪1.98 (up from ₪0.41 loss in 1Q 2023). Revenue: ₪1.30b (up 7.6% from 1Q 2023). Net income: ₪27.3m (up ₪32.8m from 1Q 2023). Profit margin: 2.1% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Tzipi Koren was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Mar 28
Final dividend of ₪3.62 announced Shareholders will receive a dividend of ₪3.62. Ex-date: 14th April 2024 Payment date: 30th April 2024 Dividend yield will be 1.8%, which is lower than the industry average of 10%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 9.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: ₪10.85 (vs ₪15.66 in FY 2022) Full year 2023 results: EPS: ₪10.85 (down from ₪15.66 in FY 2022). Revenue: ₪5.38b (up 11% from FY 2022). Net income: ₪149.2m (down 30% from FY 2022). Profit margin: 2.8% (down from 4.4% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. New Risk • Feb 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change). Profit margins are more than 30% lower than last year (2.9% net profit margin). Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪272, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 18x in the Specialty Retail industry in Israel. Negligible returns to shareholders over past three years. Reported Earnings • Dec 02
Third quarter 2023 earnings released: EPS: ₪1.15 (vs ₪2.94 in 3Q 2022) Third quarter 2023 results: EPS: ₪1.15 (down from ₪2.94 in 3Q 2022). Revenue: ₪1.40b (up 13% from 3Q 2022). Net income: ₪15.9m (down 61% from 3Q 2022). Profit margin: 1.1% (down from 3.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 5% per year. New Risk • Oct 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin). Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₪229, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 11x in the Specialty Retail industry in Israel. Total returns to shareholders of 6.7% over the past three years. Upcoming Dividend • Sep 04
Upcoming dividend of ₪2.54 per share at 3.3% yield Eligible shareholders must have bought the stock before 11 September 2023. Payment date: 26 September 2023. Payout ratio is a comfortable 69% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Israeli dividend payers (7.4%). Lower than average of industry peers (9.2%). Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: ₪4.78 (vs ₪7.62 in 2Q 2022) Second quarter 2023 results: EPS: ₪4.78 (down from ₪7.62 in 2Q 2022). Revenue: ₪1.33b (up 11% from 2Q 2022). Net income: ₪65.8m (down 37% from 2Q 2022). Profit margin: 5.0% (down from 8.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Reported Earnings • May 24
First quarter 2023 earnings released: ₪0.41 loss per share (vs ₪0.46 loss in 1Q 2022) First quarter 2023 results: ₪0.41 loss per share (improved from ₪0.46 loss in 1Q 2022). Revenue: ₪1.21b (up 20% from 1Q 2022). Net loss: ₪5.51m (loss narrowed 13% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 09
Upcoming dividend of ₪6.36 per share at 3.9% yield Eligible shareholders must have bought the stock before 16 April 2023. Payment date: 30 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.9%. Lower than top quartile of Israeli dividend payers (7.7%). Lower than average of industry peers (9.6%). Reported Earnings • Mar 28
Full year 2022 earnings released: EPS: ₪15.66 (vs ₪21.96 in FY 2021) Full year 2022 results: EPS: ₪15.66 (down from ₪21.96 in FY 2021). Revenue: ₪4.84b (up 15% from FY 2021). Net income: ₪213.4m (down 28% from FY 2021). Profit margin: 4.4% (down from 7.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 10% After last week's 10% share price gain to ₪302, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 15x in the Specialty Retail industry in Israel. Total returns to shareholders of 161% over the past three years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪345, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 11x in the Specialty Retail industry in Israel. Total returns to shareholders of 117% over the past three years. Reported Earnings • Nov 30
Third quarter 2022 earnings released: EPS: ₪2.94 (vs ₪5.00 in 3Q 2021) Third quarter 2022 results: EPS: ₪2.94 (down from ₪5.00 in 3Q 2021). Revenue: ₪1.24b (up 9.1% from 3Q 2021). Net income: ₪40.1m (down 41% from 3Q 2021). Profit margin: 3.2% (down from 6.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 06
Upcoming dividend of ₪5.35 per share Eligible shareholders must have bought the stock before 13 September 2022. Payment date: 28 September 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.8%. Lower than top quartile of Israeli dividend payers (5.9%). Lower than average of industry peers (8.4%). Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: ₪7.62 (vs ₪7.36 in 2Q 2021) Second quarter 2022 results: EPS: ₪7.62 (up from ₪7.36 in 2Q 2021). Revenue: ₪1.20b (up 20% from 2Q 2021). Net income: ₪103.7m (up 3.9% from 2Q 2021). Profit margin: 8.6% (down from 10.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improved over the past week After last week's 17% share price gain to ₪405, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 11x in the Specialty Retail industry in Israel. Total returns to shareholders of 358% over the past three years. Reported Earnings • May 31
First quarter 2022 earnings released First quarter 2022 results: Revenue: ₪1.01b (up 30% from 1Q 2021). Net loss: ₪6.30m (down 118% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 10
Upcoming dividend of ₪11.99 per share Eligible shareholders must have bought the stock before 17 April 2022. Payment date: 01 May 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.6%. Lower than top quartile of Israeli dividend payers (5.4%). Lower than average of industry peers (7.5%). Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: ₪21.96 (vs ₪15.28 in FY 2020) Full year 2021 results: EPS: ₪21.96 (up from ₪15.28 in FY 2020). Revenue: ₪4.20b (up 50% from FY 2020). Net income: ₪298.4m (up 44% from FY 2020). Profit margin: 7.1% (down from 7.4% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₪542, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 12x in the Specialty Retail industry in Israel. Total returns to shareholders of 508% over the past three years. Reported Earnings • Nov 30
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: EPS: ₪5.00 (up from ₪3.76 in 3Q 2020). Revenue: ₪1.14b (up 44% from 3Q 2020). Net income: ₪68.0m (up 34% from 3Q 2020). Profit margin: 6.0% (down from 6.5% in 3Q 2020). Revenue exceeded analyst estimates by 3.3%. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • May 29
First quarter 2021 earnings released: EPS ₪2.63 (vs ₪2.23 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₪779.4m (up 35% from 1Q 2020). Net income: ₪35.6m (up ₪65.8m from 1Q 2020). Profit margin: 4.6% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 06
Upcoming dividend of ₪5.73 per share Eligible shareholders must have bought the stock before 13 April 2021. Payment date: 28 April 2021. Trailing yield: 1.5%. Lower than top quartile of Israeli dividend payers (5.2%). Higher than average of industry peers (1.3%). Reported Earnings • Mar 26
Full year 2020 earnings released: EPS ₪15.28 (vs ₪18.01 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₪2.80b (up 1.1% from FY 2019). Net income: ₪206.9m (down 15% from FY 2019). Profit margin: 7.4% (down from 8.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 83% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 17% share price gain to ₪359, the stock is trading at a trailing P/E ratio of 27.2x, up from the previous P/E ratio of 23.2x. This compares to an average P/E of 14x in the Specialty Retail industry in Israel. Total returns to shareholders over the past three years are 670%. Is New 90 Day High Low • Mar 01
New 90-day high: ₪338 The company is up 22% from its price of ₪277 on 01 December 2020. The Israeli market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Specialty Retail industry, which is also up 22% over the same period.