Optibase Ltd., together with its subsidiaries, operates in the fixed-income real estate sector in Luxemburg, Switzerland, Germany, and the United States. More Details
Mediocre balance sheet with questionable track record.
Share Price & News
How has Optibase's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OBAS has not had significant price volatility in the past 3 months.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: OBAS exceeded the US Real Estate industry which returned -15.4% over the past year.
Return vs Market: OBAS underperformed the US Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is Optibase's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StA Look At The Intrinsic Value Of Optibase Ltd. (NASDAQ:OBAS)
1 month ago | Simply Wall StShould We Be Cautious About Optibase Ltd.'s (NASDAQ:OBAS) ROE Of 3.7%?
1 month ago | Simply Wall StA Quick Analysis On Optibase's (NASDAQ:OBAS) CEO Compensation
Is Optibase undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OBAS ($11.1) is trading below our estimate of fair value ($12.34)
Significantly Below Fair Value: OBAS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: OBAS is poor value based on its PE Ratio (205.6x) compared to the US Real Estate industry average (36.9x).
PE vs Market: OBAS is poor value based on its PE Ratio (205.6x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OBAS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OBAS's PB Ratio (1.1x) is in line with the US Real Estate industry average.
How is Optibase forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Optibase 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.
- Take a look at our analysis of OBAS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Real Estate industry.
How has Optibase performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OBAS has a large one-off gain of $2.3M impacting its June 30 2020 financial results.
Growing Profit Margin: OBAS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: OBAS has become profitable over the past 5 years, growing earnings by -38.3% per year.
Accelerating Growth: OBAS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: OBAS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (7.1%).
Return on Equity
High ROE: OBAS's Return on Equity (3.7%) is considered low.
How is Optibase's financial position?
Financial Position Analysis
Short Term Liabilities: OBAS's short term assets ($44.8M) exceed its short term liabilities ($34.5M).
Long Term Liabilities: OBAS's short term assets ($44.8M) do not cover its long term liabilities ($128.6M).
Debt to Equity History and Analysis
Debt Level: OBAS's debt to equity ratio (152.2%) is considered high.
Reducing Debt: OBAS's debt to equity ratio has reduced from 178% to 152.2% over the past 5 years.
Debt Coverage: OBAS's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: OBAS's interest payments on its debt are well covered by EBIT (3.6x coverage).
What is Optibase current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OBAS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OBAS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OBAS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OBAS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OBAS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Amir Philips (52 yo)
Mr. Amir Philips has been the Chief Executive Officer of Optibase Ltd. since June 1, 2011. Mr. Philips served as the Chief Financial Officer of Optibase Ltd. since May 15, 2007 until June 2011 and served a ...
CEO Compensation Analysis
Compensation vs Market: Amir's total compensation ($USD362.70K) is below average for companies of similar size in the US market ($USD589.01K).
Compensation vs Earnings: Amir's compensation has been consistent with company performance over the past year.
|Executive Chairman||11.08yrs||US$78.80k||0.40% |
|Independent External Director||0.75yr||no data||no data|
|Independent External Director||0.83yr||no data||no data|
Experienced Board: OBAS's board of directors are considered experienced (6.3 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.
Optibase Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Optibase Ltd.
- Ticker: OBAS
- Exchange: NasdaqGM
- Founded: 1990
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: US$57.702m
- Shares outstanding: 5.20m
- Website: https://www.optibase-holdings.com
Number of Employees
- Optibase Ltd.
- 8 Hamenofim Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OBAS||NasdaqGM (Nasdaq Global Market)||Yes||Ordinary Shares||US||USD||Apr 1999|
|OP4||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Apr 1999|
|OBAS||TASE (The Tel-Aviv Stock Exchange)||Yes||Ordinary Shares||IL||ILS||Apr 1999|
Optibase Ltd., together with its subsidiaries, operates in the fixed-income real estate sector in Luxemburg, Switzerland, Germany, and the United States. It purchases and operates real estate properties in ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/22 23:36|
|End of Day Share Price||2020/10/15 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.