CSTE Stock Overview
Caesarstone Ltd., together with its subsidiaries, develops, manufactures, and markets engineered quartz and other surfaces under the Caesarstone brand in the United States, Australia, Canada, Latin America, Asia, Israel, Europe, the Middle East, and Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$9.11|
|52 Week High||US$17.69|
|52 Week Low||US$8.22|
|1 Month Change||-12.40%|
|3 Month Change||-22.27%|
|1 Year Change||-43.13%|
|3 Year Change||-38.94%|
|5 Year Change||-76.91%|
|Change since IPO||-18.00%|
Recent News & Updates
Caesarstone: Now Getting To Levels Too Cheap To Pass Up
A bottoming pattern seems to be forming on the weekly chart. Downside risk looks limited here due to the company remaining profitable and having ultra-low valuation multiples. Sales continue to increase. Margins will eventually follow.
|CSTE||US Building||US Market|
Return vs Industry: CSTE underperformed the US Building industry which returned -18.7% over the past year.
Return vs Market: CSTE underperformed the US Market which returned -10.4% over the past year.
|CSTE Average Weekly Movement||5.4%|
|Building Industry Average Movement||6.5%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: CSTE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CSTE's weekly volatility (5%) has been stable over the past year.
About the Company
Caesarstone Ltd., together with its subsidiaries, develops, manufactures, and markets engineered quartz and other surfaces under the Caesarstone brand in the United States, Australia, Canada, Latin America, Asia, Israel, Europe, the Middle East, and Africa. The company’s engineered quartz slabs are primarily used as indoor and outdoor kitchen countertops in the renovation and remodeling construction end markets. Its products are also used in other applications, such as vanity tops, wall panels, back splashes, floor tiles, stairs, furniture, and other interior and exterior surfaces that are used in various residential and non-residential applications.
Caesarstone Fundamentals Summary
|CSTE fundamental statistics|
Is CSTE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CSTE income statement (TTM)|
|Cost of Revenue||US$496.93m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.28|
|Net Profit Margin||1.44%|
How did CSTE perform over the long term?See historical performance and comparison
Is Caesarstone undervalued compared to its fair value and its price relative to the market?
Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CSTE ($9.11) is trading below our estimate of fair value ($65.65)
Significantly Below Fair Value: CSTE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CSTE is poor value based on its PE Ratio (32.7x) compared to the US Building industry average (16.3x).
PE vs Market: CSTE is poor value based on its PE Ratio (32.7x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: CSTE is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: CSTE is good value based on its PB Ratio (0.6x) compared to the US Building industry average (2.2x).
How is Caesarstone forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CSTE's forecast earnings growth (64.7% per year) is above the savings rate (1.9%).
Earnings vs Market: CSTE's earnings (64.7% per year) are forecast to grow faster than the US market (12.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CSTE's revenue (7.9% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: CSTE's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CSTE's Return on Equity is forecast to be high in 3 years time
How has Caesarstone 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: CSTE has high quality earnings.
Growing Profit Margin: CSTE's current net profit margins (1.4%) are lower than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: CSTE's earnings have declined by 30.8% per year over the past 5 years.
Accelerating Growth: CSTE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CSTE had negative earnings growth (-48.7%) over the past year, making it difficult to compare to the Building industry average (27.2%).
Return on Equity
High ROE: CSTE's Return on Equity (2.1%) is considered low.
How is Caesarstone's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CSTE's short term assets ($414.3M) exceed its short term liabilities ($169.6M).
Long Term Liabilities: CSTE's short term assets ($414.3M) exceed its long term liabilities ($181.1M).
Debt to Equity History and Analysis
Debt Level: CSTE has more cash than its total debt.
Reducing Debt: CSTE's debt to equity ratio has reduced from 4.7% to 3.7% over the past 5 years.
Debt Coverage: CSTE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CSTE's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is Caesarstone current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CSTE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CSTE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CSTE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CSTE's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: CSTE is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as CSTE has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yuval Dagim (59 yo)
Mr. Yuval Dagim has been a Chief Executive Officer of Caesarstone Ltd. since August 2018. Mr. Dagim served as Chief Executive Officer of Shikun & Binui Ltd.since December 26, 2017. He was the Managing Dir...
CEO Compensation Analysis
Compensation vs Market: Yuval's total compensation ($USD1.63M) is below average for companies of similar size in the US market ($USD2.65M).
Compensation vs Earnings: Yuval's compensation has been consistent with company performance over the past year.
Experienced Management: CSTE's management team is considered experienced (2.8 years average tenure).
Experienced Board: CSTE's board of directors are considered experienced (5.4 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Caesarstone Ltd.'s employee growth, exchange listings and data sources
- Name: Caesarstone Ltd.
- Ticker: CSTE
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Building Products
- Sector: Capital Goods
- Implied Market Cap: US$314.076m
- Shares outstanding: 34.48m
- Website: https://www.caesarstone.com
Number of Employees
- Caesarstone Ltd.
- Kibbutz Sdot-Yam
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 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.