New Risk • Jul 18
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 100% Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. 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: Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$100m (₪239.2m market cap, or US$78.7m). Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₪6.14, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 49x in the Semiconductor industry in Asia. Total returns to shareholders of 211% over the past three years. New Risk • Jun 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₪297.2m (US$99.0m) 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 Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (₪297.2m market cap, or US$99.0m). Reported Earnings • May 28
First quarter 2026 earnings released: EPS: ₪0.03 (vs ₪0.19 in 1Q 2025) First quarter 2026 results: EPS: ₪0.03 (down from ₪0.19 in 1Q 2025). Revenue: ₪21.7m (down 17% from 1Q 2025). Net income: ₪1.17m (down 82% from 1Q 2025). Profit margin: 5.4% (down from 25% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 68% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₪10.90, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 54x in the Semiconductor industry in Asia. Total returns to shareholders of 349% over the past three years. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₪10.97, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 42x in the Semiconductor industry in Asia. Total returns to shareholders of 277% over the past three years. Reported Earnings • Mar 27
Full year 2025 earnings released: EPS: ₪0.49 (vs ₪0.35 in FY 2024) Full year 2025 results: EPS: ₪0.49 (up from ₪0.35 in FY 2024). Revenue: ₪98.6m (up 28% from FY 2024). Net income: ₪17.5m (up 78% from FY 2024). Profit margin: 18% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Announcement • Mar 26
Solrom Holdings Ltd announces Annual dividend, payable on April 16, 2026 Solrom Holdings Ltd. announced Annual dividend of ILS 0.1093 per share payable on April 16, 2026, ex-date on April 06, 2026 and record date on April 06, 2026. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₪15.60, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 40x in the Semiconductor industry in Asia. Total returns to shareholders of 454% over the past three years. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₪15.10, the stock trades at a trailing P/E ratio of 31.4x. Average trailing P/E is 42x in the Semiconductor industry in Asia. Total returns to shareholders of 419% over the past three years. Announcement • Jan 13
An undisclosed buyer acquired 5.58% stake in Solrom Holdings Ltd (TASE:SLRM) from M. And M Capital (2012) Ltd for ILS 30 million. An undisclosed buyer agreed to acquire 5.58% stake in Solrom Holdings Ltd (TASE:SLRM) from M. And M Capital (2012) Ltd for ILS 30 million on January 9, 2026. A cash consideration valued at ILS 14 per share will be paid by the buyer.
An undisclosed buyer completed the acquisition of 5.58% stake in Solrom Holdings Ltd (TASE:SLRM) from M. And M Capital (2012) Ltd on January 9, 2026. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪15.80, the stock trades at a trailing P/E ratio of 32.5x. Average trailing P/E is 36x in the Semiconductor industry in Asia. Total returns to shareholders of 323% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪12.61, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 33x in the Semiconductor industry in Asia. Total returns to shareholders of 271% over the past three years. New Risk • Dec 02
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (25% accrual ratio). Shareholders have been substantially diluted in the past year (353% increase in shares outstanding). Reported Earnings • Nov 25
Third quarter 2025 earnings released: EPS: ₪0.089 (vs ₪0.15 in 3Q 2024) Third quarter 2025 results: EPS: ₪0.089 (down from ₪0.15 in 3Q 2024). Revenue: ₪24.5m (down 36% from 3Q 2024). Net income: ₪3.19m (down 55% from 3Q 2024). Profit margin: 13% (down from 18% in 3Q 2024). The decrease in margin was driven by lower revenue. 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 37% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₪11.73, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 38x in the Semiconductor industry in Asia. Total returns to shareholders of 101% over the past three years. Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment improves as stock rises 39% After last week's 39% share price gain to ₪12.43, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 40x in the Semiconductor industry in Asia. Total returns to shareholders of 98% over the past three years. Buy Or Sell Opportunity • Sep 11
Now 22% undervalued Over the last 90 days, the stock has risen 86% to ₪10.32. The fair value is estimated to be ₪13.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 60% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₪9.82, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 35x in the Semiconductor industry in Asia. Total returns to shareholders of 50% over the past three years. Reported Earnings • Aug 21
Second quarter 2025 earnings released: EPS: ₪0.18 (vs ₪0.037 in 2Q 2024) Second quarter 2025 results: EPS: ₪0.18 (up from ₪0.037 in 2Q 2024). Revenue: ₪26.8m (up 59% from 2Q 2024). Net income: ₪6.44m (up ₪5.49m from 2Q 2024). Profit margin: 24% (up from 5.7% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Aug 21
Solrom Holdings Ltd, Annual General Meeting, Sep 25, 2025 Solrom Holdings Ltd, Annual General Meeting, Sep 25, 2025. Location: barnea law offices, Israel Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₪7.99, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 30x in the Semiconductor industry in Asia. Total loss to shareholders of 20% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₪6.64, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 29x in the Semiconductor industry in Asia. Total loss to shareholders of 23% over the past three years. Buy Or Sell Opportunity • Jun 05
Now 25% overvalued Over the last 90 days, the stock has fallen 44% to ₪4.81. The fair value is estimated to be ₪3.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 71% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₪4.41, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 28x in the Semiconductor industry in Asia. Total loss to shareholders of 51% over the past three years. New Risk • May 29
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Shareholders have been substantially diluted in the past year (308% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₪178.4m market cap, or US$50.8m). Valuation Update With 7 Day Price Move • Apr 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₪5.99, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 28x in the Semiconductor industry in Asia. Total loss to shareholders of 39% over the past three years. New Risk • Mar 22
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 316% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (316% increase in shares outstanding). Minor Risks High level of debt (79% net debt to equity). Market cap is less than US$100m (₪239.2m market cap, or US$64.5m). New Risk • Feb 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₪7.9m free cash flow). Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (₪150k revenue, or US$42k). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (₪64.3m market cap, or US$18.0m). New Risk • Dec 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₪36.1m (US$9.87m) This is considered a major 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₪7.9m free cash flow). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (₪150k revenue, or US$41k). Market cap is less than US$10m (₪36.1m market cap, or US$9.87m). Minor Risk Shareholders have been diluted in the past year (3.9% increase in shares outstanding). New Risk • Nov 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₪37.5m (US$9.97m) This is considered a major 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₪7.9m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (₪150k revenue, or US$40k). Market cap is less than US$10m (₪37.5m market cap, or US$9.97m). Minor Risk Shareholders have been diluted in the past year (3.9% increase in shares outstanding). New Risk • Aug 11
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₪7.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₪7.9m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (₪150k revenue, or US$40k). Market cap is less than US$10m (₪32.9m market cap, or US$8.82m). Minor Risk Shareholders have been diluted in the past year (3.5% increase in shares outstanding). Announcement • Jun 16
3DM Digital Manufacturing Ltd., Annual General Meeting, Jul 18, 2024 3DM Digital Manufacturing Ltd., Annual General Meeting, Jul 18, 2024. Location: barnea yaffe law offices, Israel New Risk • May 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 35% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₪26.1m market cap, or US$7.05m). Minor Risk Shareholders have been diluted in the past year (3.5% increase in shares outstanding). New Risk • Mar 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₪9.48m market cap, or US$2.58m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Board Change • Nov 01
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Chairman of the Board Astorre Modena was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 13
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.