Reported Earnings • May 24
First quarter 2026 earnings released: EPS: ₪0.14 (vs ₪0.14 in 1Q 2025) First quarter 2026 results: EPS: ₪0.14 (in line with 1Q 2025). Revenue: ₪219.5m (down 4.7% from 1Q 2025). Net income: ₪6.36m (up 1.6% from 1Q 2025). Profit margin: 2.9% (up from 2.7% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 23
Fourth quarter dividend of ₪0.23 announced Shareholders will receive a dividend of ₪0.23. Ex-date: 29th May 2026 Payment date: 8th June 2026 Dividend yield will be 12%, which is higher than the industry average of 10%. Sustainability & Growth Dividend is not adequately covered by earnings (90.3% earnings payout ratio). However, it is well covered by cash flows (22% cash payout ratio). The dividend has increased by an average of 32% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years, which if continued should maintain adequate earnings cover for the dividend. Reported Earnings • Mar 15
Full year 2025 earnings released: EPS: ₪1.01 (vs ₪1.47 in FY 2024) Full year 2025 results: EPS: ₪1.01 (down from ₪1.47 in FY 2024). Revenue: ₪919.4m (up 5.5% from FY 2024). Net income: ₪44.5m (down 31% from FY 2024). Profit margin: 4.8% (down from 7.4% 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 94% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 15
Fourth quarter dividend of ₪0.23 announced Shareholders will receive a dividend of ₪0.23. Ex-date: 18th March 2026 Payment date: 26th March 2026 Dividend yield will be 13%, which is higher than the industry average of 10%. Sustainability & Growth Dividend is not covered by earnings (120% earnings payout ratio). However, it is well covered by cash flows (21% cash payout ratio). The dividend has increased by an average of 32% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 33% to bring the payout ratio under control, which is more than the 23% EPS growth achieved over the last 5 years. Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: ₪0.19 (vs ₪0.26 in 3Q 2024) Third quarter 2025 results: EPS: ₪0.19 (down from ₪0.26 in 3Q 2024). Revenue: ₪216.6m (up 8.9% from 3Q 2024). Net income: ₪8.62m (down 25% from 3Q 2024). Profit margin: 4.0% (down from 5.8% 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 90% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Nov 14
Golf & Co Group Ltd, Annual General Meeting, Dec 18, 2025 Golf & Co Group Ltd, Annual General Meeting, Dec 18, 2025. Location: co. offices, Israel Buy Or Sell Opportunity • Nov 06
Now 20% undervalued Over the last 90 days, the stock has risen 1.3% to ₪7.25. The fair value is estimated to be ₪9.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Sep 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.6% to ₪7.28. The fair value is estimated to be ₪9.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Sep 04
Now 21% undervalued Over the last 90 days, the stock has risen 2.4% to ₪7.22. The fair value is estimated to be ₪9.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: ₪0.13 (vs ₪0.59 in 2Q 2024) Second quarter 2025 results: EPS: ₪0.13 (down from ₪0.59 in 2Q 2024). Revenue: ₪221.9m (flat on 2Q 2024). Net income: ₪5.57m (down 79% from 2Q 2024). Profit margin: 2.5% (down from 12% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • Aug 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₪339.7m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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. Market cap is less than US$100m (₪339.7m market cap, or US$99.4m). New Risk • Mar 16
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 6.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% 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. Market cap is less than US$100m (₪303.8m market cap, or US$83.3m). Reported Earnings • Mar 06
Full year 2024 earnings released: EPS: ₪1.47 (vs ₪1.01 loss in FY 2023) Full year 2024 results: EPS: ₪1.47 (up from ₪1.01 loss in FY 2023). Revenue: ₪871.5m (up 2.3% from FY 2023). Net income: ₪64.9m (up ₪109.7m from FY 2023). Profit margin: 7.4% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year. Announcement • Mar 06
Golf & Co Group Ltd announces Annual dividend, payable on March 19, 2025 Golf & Co Group Ltd. announced Annual dividend of ILS 0.4517 per share payable on March 19, 2025, ex-date on March 11, 2025 and record date on March 11, 2025. Announcement • Feb 24
Golf & Co Group Ltd to Report Q4, 2024 Results on Mar 05, 2025 Golf & Co Group Ltd announced that they will report Q4, 2024 results on Mar 05, 2025 Announcement • Nov 22
Golf & Co Group Ltd, Annual General Meeting, Dec 25, 2024 Golf & Co Group Ltd, Annual General Meeting, Dec 25, 2024. Location: co. offices, Israel Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: ₪0.26 (vs ₪0.38 loss in 3Q 2023) Third quarter 2024 results: EPS: ₪0.26 (up from ₪0.38 loss in 3Q 2023). Revenue: ₪198.8m (down 3.3% from 3Q 2023). Net income: ₪11.5m (up ₪28.5m from 3Q 2023). Profit margin: 5.8% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Announcement • Nov 14
Golf & Co Group Ltd to Report Q3, 2024 Results on Nov 18, 2024 Golf & Co Group Ltd announced that they will report Q3, 2024 results on Nov 18, 2024 New Risk • Sep 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 5.4% 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 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (₪208.8m market cap, or US$55.5m). Announcement • Aug 20
Golf & Co Group Ltd to Report Q2, 2024 Results on Aug 25, 2024 Golf & Co Group Ltd announced that they will report Q2, 2024 results on Aug 25, 2024 Reported Earnings • Aug 18
Second quarter 2024 earnings released: EPS: ₪0.59 (vs ₪0.06 in 2Q 2023) Second quarter 2024 results: EPS: ₪0.59 (up from ₪0.06 in 2Q 2023). Revenue: ₪220.3m (flat on 2Q 2023). Net income: ₪26.1m (up ₪23.3m from 2Q 2023). Profit margin: 12% (up from 1.3% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Announcement • May 30
Golf & Co Group Ltd to Report Q1, 2024 Results on Jun 02, 2024 Golf & Co Group Ltd announced that they will report Q1, 2024 results on Jun 02, 2024 Reported Earnings • Apr 01
Full year 2023 earnings released: ₪1.01 loss per share (vs ₪0.40 loss in FY 2022) Full year 2023 results: ₪1.01 loss per share (further deteriorated from ₪0.40 loss in FY 2022). Revenue: ₪852.2m (down 11% from FY 2022). Net loss: ₪44.8m (loss widened 154% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 26
Third quarter 2023 earnings released: ₪0.38 loss per share (vs ₪0.07 loss in 3Q 2022) Third quarter 2023 results: ₪0.38 loss per share (further deteriorated from ₪0.07 loss in 3Q 2022). Revenue: ₪205.7m (down 12% from 3Q 2022). Net loss: ₪17.0m (loss widened 281% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 22
Second quarter 2023 earnings released: EPS: ₪0.06 (vs ₪0.36 in 2Q 2022) Second quarter 2023 results: EPS: ₪0.06 (down from ₪0.36 in 2Q 2022). Revenue: ₪221.0m (down 11% from 2Q 2022). Net income: ₪2.81m (down 82% from 2Q 2022). Profit margin: 1.3% (down from 6.4% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. New Risk • Jun 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Israeli stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Dividend is not well covered by earnings (dividend per share is over 34x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.06% net profit margin). Market cap is less than US$100m (₪178.0m market cap, or US$49.2m). Buying Opportunity • Jun 13
Now 39% undervalued after recent price drop Over the last 90 days, the stock is down 44%. The fair value is estimated to be ₪6.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 40%. Reported Earnings • Nov 30
Third quarter 2022 earnings released: EPS: ₪0.32 (vs ₪0.17 in 3Q 2021) Third quarter 2022 results: EPS: ₪0.32. Revenue: ₪233.2m (flat on 3Q 2021). Net loss: ₪4.47m (down 155% from profit in 3Q 2021). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent External Director Orit Lerer was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Oct 26
Now 20% undervalued Over the last 90 days, the stock is up 1.4%. The fair value is estimated to be ₪7.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 56%. Buying Opportunity • Oct 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 8.4%. The fair value is estimated to be ₪7.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 56%. Reported Earnings • Aug 24
Second quarter 2022 earnings released: EPS: ₪0.36 (vs ₪0.29 in 2Q 2021) Second quarter 2022 results: EPS: ₪0.36 (up from ₪0.29 in 2Q 2021). Revenue: ₪247.3m (up 7.7% from 2Q 2021). Net income: ₪15.7m (up 22% from 2Q 2021). Profit margin: 6.4% (up from 5.6% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent External Director Orit Lerer was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 27
Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2021 results: EPS: ₪0.17 (down from ₪0.29 in 3Q 2020). Revenue: ₪234.9m (up 2.2% from 3Q 2020). Net income: ₪8.12m (down 24% from 3Q 2020). Profit margin: 3.5% (down from 4.6% in 3Q 2020). Revenue exceeded analyst estimates by 2.8%. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improved over the past week After last week's 16% share price gain to ₪10.14, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 10x in the Specialty Retail industry in Israel. Total returns to shareholders of 186% over the past three years. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 15% share price gain to ₪8.52, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 9x in the Specialty Retail industry in Israel. Total returns to shareholders of 114% over the past three years. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS ₪0.35 (vs ₪0.075 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₪835.8m (down 11% from FY 2019). Net income: ₪16.2m (up 357% from FY 2019). Profit margin: 1.9% (up from 0.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 03
New 90-day high: ₪6.70 The company is up 70% from its price of ₪3.93 on 03 December 2020. The Israeli market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 35% over the same period. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 17% share price gain to ₪5.70, the stock is trading at a trailing P/E ratio of 38.3x, up from the previous P/E ratio of 32.6x. This compares to an average P/E of 15x in the Specialty Retail industry in Israel. Total returns to shareholders over the past three years are 26%. Is New 90 Day High Low • Feb 04
New 90-day high: ₪5.70 The company is up 50% from its price of ₪3.80 on 05 November 2020. The Israeli market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 37% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: ₪4.97 The company is up 73% from its price of ₪2.88 on 24 September 2020. The Israeli market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 41% over the same period. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 17% share price gain to ₪4.76, the stock is trading at a trailing P/E ratio of 32x, up from the previous P/E ratio of 27.4x. This compares to an average P/E of 14x in the Specialty Retail industry in Israel. Total return to shareholders over the past three years is a loss of 2.6%. Valuation Update With 7 Day Price Move • Dec 09
Market bids up stock over the past week After last week's 17% share price gain to ₪4.53, the stock is trading at a trailing P/E ratio of 30.4x, up from the previous P/E ratio of 26x. This compares to an average P/E of 14x in the Specialty Retail industry in Israel. Total return to shareholders over the past three years is a loss of 7.0%. Is New 90 Day High Low • Dec 02
New 90-day high: ₪3.95 The company is up 41% from its price of ₪2.79 on 03 September 2020. The Israeli market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 28% over the same period. Is New 90 Day High Low • Oct 29
New 90-day high: ₪3.35 The company is up 111% from its price of ₪1.59 on 29 July 2020. The Israeli market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 39% over the same period. Is New 90 Day High Low • Oct 04
New 90-day high: ₪2.95 The company is up 108% from its price of ₪1.42 on 06 July 2020. The Israeli market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 44% over the same period. Announcement • Sep 26
Golf & Co's Common Shares to Be Deleted from Other OTC Golf & Co Group Ltd. (TASE:GOLF)'s Common Shares (Israel) will be deleted from other OTC effective from September 24, 2020 due to Inactive Security.