GLRS Stock Overview
Globrands Ltd. imports, distributes, markets, and sells tobacco, and food and confectionery products primarily in Israel.
Price History & Performance
|Historical stock prices|
|Current Share Price||₪383.70|
|52 Week High||₪472.80|
|52 Week Low||₪331.00|
|1 Month Change||-0.75%|
|3 Month Change||9.35%|
|1 Year Change||-11.59%|
|3 Year Change||10.16%|
|5 Year Change||n/a|
|Change since IPO||-36.53%|
Recent News & Updates
Estimating The Intrinsic Value Of Globrands Ltd. (TLV:GLRS)
Does the April share price for Globrands Ltd. ( TLV:GLRS ) reflect what it's really worth? Today, we will estimate the...
|GLRS||IL Retail Distributors||IL Market|
Return vs Industry: GLRS exceeded the IL Retail Distributors industry which returned -16.3% over the past year.
Return vs Market: GLRS underperformed the IL Market which returned 3.5% over the past year.
|GLRS Average Weekly Movement||3.0%|
|Retail Distributors Industry Average Movement||4.9%|
|Market Average Movement||4.5%|
|10% most volatile stocks in IL Market||8.1%|
|10% least volatile stocks in IL Market||3.1%|
Stable Share Price: GLRS is less volatile than 75% of IL stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: GLRS's weekly volatility (3%) has been stable over the past year.
About the Company
Globrands Ltd. imports, distributes, markets, and sells tobacco, and food and confectionery products primarily in Israel. The company distributes cigarettes under the Camel, Winston, LD, and other brand names; and various other products under the Kent, Pall-Mall, Vogue, Rothmans, and Lucky Strike brand names. It serves primarily retail customers and multinational corporations.
Globrands Fundamentals Summary
|GLRS fundamental statistics|
Is GLRS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GLRS income statement (TTM)|
|Cost of Revenue||₪377.58m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||56.42|
|Net Profit Margin||12.39%|
How did GLRS perform over the long term?See historical performance and comparison
12.7%Current Dividend Yield
Is GLRS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for GLRS?
Other financial metrics that can be useful for relative valuation.
|What is GLRS's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does GLRS's PE Ratio compare to its peers?
|GLRS PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
BRMG Brimag Digital Age
RLCO Ralco Agencies
TDRN Tadiran Group
MRG Multi Retail Group
Price-To-Earnings vs Peers: GLRS is good value based on its Price-To-Earnings Ratio (6.8x) compared to the peer average (19x).
Price to Earnings Ratio vs Industry
How does GLRS's PE Ratio compare vs other companies in the Asian Retail Distributors Industry?
Price-To-Earnings vs Industry: GLRS is good value based on its Price-To-Earnings Ratio (6.8x) compared to the Asian Retail Distributors industry average (15.8x)
Price to Earnings Ratio vs Fair Ratio
What is GLRS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||6.8x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GLRS's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of GLRS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: GLRS (₪383.7) is trading below our estimate of fair value (₪536.03)
Significantly Below Fair Value: GLRS is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Globrands forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Globrands 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.
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- Examine whether Globrands is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
How has Globrands performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GLRS has a high level of non-cash earnings.
Growing Profit Margin: GLRS's current net profit margins (12.4%) are lower than last year (14.1%).
Past Earnings Growth Analysis
Earnings Trend: GLRS's earnings have grown by 0.8% per year over the past 5 years.
Accelerating Growth: GLRS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GLRS had negative earnings growth (-11.6%) over the past year, making it difficult to compare to the Retail Distributors industry average (12.7%).
Return on Equity
High ROE: Whilst GLRS's Return on Equity (149.32%) is outstanding, this metric is skewed due to their high level of debt.
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How is Globrands's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: GLRS's short term assets (₪324.7M) exceed its short term liabilities (₪296.5M).
Long Term Liabilities: GLRS's short term assets (₪324.7M) exceed its long term liabilities (₪40.1M).
Debt to Equity History and Analysis
Debt Level: GLRS's net debt to equity ratio (374.8%) is considered high.
Reducing Debt: GLRS's debt to equity ratio has increased from 224.5% to 403.3% over the past 5 years.
Debt Coverage: GLRS's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: GLRS's interest payments on its debt are well covered by EBIT (47.3x coverage).
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What is Globrands's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GLRS's dividend (12.72%) is higher than the bottom 25% of dividend payers in the IL market (2%).
High Dividend: GLRS's dividend (12.72%) is in the top 25% of dividend payers in the IL market (6.31%)
Stability and Growth of Payments
Stable Dividend: GLRS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GLRS has only been paying a dividend for 4 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.3%), GLRS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (317.3%), GLRS's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Gadi Netzer (58 yo)
Mr. Gadi Guideon Netzer serves as the Chief Executive Officer at Globrands Ltd. and has been its Non-Independent Director since March 31, 2011.
Experienced Board: GLRS's board of directors are considered experienced (7.6 years average tenure).
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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Globrands Ltd.'s employee growth, exchange listings and data sources
- Name: Globrands Ltd.
- Ticker: GLRS
- Exchange: TASE
- Founded: 2000
- Industry: Distributors
- Sector: Retail
- Implied Market Cap: ₪471.567m
- Shares outstanding: 1.23m
- Website: https://www.globrands.co.il
Number of Employees
- Globrands Ltd.
- Shderot HaHaskala 9
- Tel Aviv
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GLRS||TASE (The Tel-Aviv Stock Exchange)||Yes||Ordinary Shares||IL||ILS||Jun 2018|
|GLBG.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 2018|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/25 00:00|
|End of Day Share Price||2022/09/22 00:00|
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.