Duyuru • Mar 19
Orian Sh.M. Ltd. to Report Q4, 2025 Results on Mar 19, 2026 Orian Sh.M. Ltd. announced that they will report Q4, 2025 results on Mar 19, 2026 Reported Earnings • Nov 23
Third quarter 2025 earnings released: ₪0.07 loss per share (vs ₪0.22 loss in 3Q 2024) Third quarter 2025 results: ₪0.07 loss per share (improved from ₪0.22 loss in 3Q 2024). Revenue: ₪295.4m (up 6.5% from 3Q 2024). Net loss: ₪1.27m (loss narrowed 66% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. New Risk • Sep 07
New major risk - Revenue and earnings growth Earnings have declined by 1.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 1.6% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making. Duyuru • Aug 21
Orian Sh.M. Ltd., Annual General Meeting, Sep 29, 2025 Orian Sh.M. Ltd., Annual General Meeting, Sep 29, 2025. Location: company offices, Israel Buy Or Sell Opportunity • Aug 14
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 1.5% to ₪27.10. The fair value is estimated to be ₪22.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Earnings per share has declined by 31%. Buy Or Sell Opportunity • Jun 25
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.8% to ₪26.95. The fair value is estimated to be ₪22.26, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.0% over the last 3 years. Earnings per share has declined by 31%. Reported Earnings • May 24
First quarter 2025 earnings released: ₪0.03 loss per share (vs ₪0.81 profit in 1Q 2024) First quarter 2025 results: ₪0.03 loss per share (down from ₪0.81 profit in 1Q 2024). Revenue: ₪273.1m (up 7.6% from 1Q 2024). Net loss: ₪523.0k (down 104% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. New Risk • Apr 15
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 Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: US$0.36 (vs US$0.29 in FY 2023) Full year 2024 results: EPS: US$0.36 (up from US$0.29 in FY 2023). Revenue: US$283.5m (up 12% from FY 2023). Net income: US$6.10m (up 25% from FY 2023). Profit margin: 2.2% (up from 1.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year. New Risk • Mar 15
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 Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₪26.05, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 16x in the Logistics industry in Asia. Total loss to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₪18.92, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 17x in the Logistics industry in Asia. Total loss to shareholders of 51% over the past three years. Duyuru • Sep 11
Orian Sh.M. Ltd., Annual General Meeting, Oct 15, 2024 Orian Sh.M. Ltd., Annual General Meeting, Oct 15, 2024. Location: co. offices, Israel Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: US$0.26 (vs US$0.14 in 2Q 2023) Second quarter 2024 results: EPS: US$0.26 (up from US$0.14 in 2Q 2023). Revenue: US$66.0m (up 5.6% from 2Q 2023). Net income: US$4.44m (up 83% from 2Q 2023). Profit margin: 6.7% (up from 3.9% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₪16.15, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 16x in the Logistics industry in Asia. Total loss to shareholders of 59% over the past three years. Reported Earnings • May 26
First quarter 2024 earnings released: EPS: US$0.22 (vs US$0.14 in 1Q 2023) First quarter 2024 results: EPS: US$0.22 (up from US$0.14 in 1Q 2023). Revenue: US$68.8m (down 2.4% from 1Q 2023). Net income: US$3.70m (up 61% from 1Q 2023). Profit margin: 5.4% (up from 3.3% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. New Risk • May 21
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 8.1% 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 Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (₪223.6m market cap, or US$60.8m). Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₪16.35, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 16x in the Logistics industry in Asia. Total loss to shareholders of 52% over the past three years. Reported Earnings • Mar 24
Full year 2023 earnings released: EPS: US$0.29 (vs US$0.68 in FY 2022) Full year 2023 results: EPS: US$0.29 (down from US$0.68 in FY 2022). Revenue: US$252.9m (down 30% from FY 2022). Net income: US$4.89m (down 57% from FY 2022). Profit margin: 1.9% (down from 3.2% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₪21.25, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 16x in the Logistics industry in Asia. Total loss to shareholders of 41% over the past three years. New Risk • Dec 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₪280.8m market cap, or US$75.9m). Reported Earnings • Nov 30
Third quarter 2023 earnings released: EPS: US$0.47 (vs US$0.24 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.47 (up from US$0.24 loss in 3Q 2022). Revenue: US$62.6m (down 33% from 3Q 2022). Net income: US$7.89m (up US$12.0m from 3Q 2022). Profit margin: 13% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. New Risk • Oct 30
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 6.6% 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 Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (₪296.2m market cap, or US$73.4m). Reported Earnings • Aug 23
Second quarter 2023 earnings released: EPS: US$0.14 (vs US$0.84 in 2Q 2022) Second quarter 2023 results: EPS: US$0.14 (down from US$0.84 in 2Q 2022). Revenue: US$62.5m (down 32% from 2Q 2022). Net income: US$2.42m (down 83% from 2Q 2022). Profit margin: 3.9% (down from 15% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 27
First quarter 2023 earnings released: EPS: US$0.14 (vs US$0.25 in 1Q 2022) First quarter 2023 results: EPS: US$0.14 (down from US$0.25 in 1Q 2022). Revenue: US$70.5m (down 30% from 1Q 2022). Net income: US$2.30m (down 45% from 1Q 2022). Profit margin: 3.3% (down from 4.2% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 25
Full year 2022 earnings released: EPS: US$0.68 (vs US$0.099 in FY 2021) Full year 2022 results: EPS: US$0.68 (up from US$0.099 in FY 2021). Revenue: US$361.5m (up 17% from FY 2021). Net income: US$11.5m (up US$9.79m from FY 2021). Profit margin: 3.2% (up from 0.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₪20.26, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 14x in the Logistics industry in Asia. Total returns to shareholders of 16% over the past three years. Reported Earnings • Nov 24
Third quarter 2022 earnings released: US$0.24 loss per share (vs US$0.097 profit in 3Q 2021) Third quarter 2022 results: US$0.24 loss per share (down from US$0.097 profit in 3Q 2021). Revenue: US$93.0m (up 9.4% from 3Q 2021). Net loss: US$4.10m (down 351% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. No independent directors (6 non-independent directors). Director Dalia Tzuvkerman was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Aug 29
Upcoming dividend of ₪0.30 per share Eligible shareholders must have bought the stock before 05 September 2022. Payment date: 12 September 2022. The company last paid an ordinary dividend in March 2012. The average dividend yield among industry peers is 2.0%. Reported Earnings • May 29
First quarter 2022 earnings released: EPS: US$0.25 (vs US$0.25 in 1Q 2021) First quarter 2022 results: EPS: US$0.25 (up from US$0.25 in 1Q 2021). Revenue: US$100.0m (up 54% from 1Q 2021). Net income: US$4.21m (up 1.7% from 1Q 2021). Profit margin: 4.2% (down from 6.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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. 2 experienced directors. 4 highly experienced directors. 1 independent director (6 non-independent directors). Independent Director Kranit Goldwasser was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 27
Third quarter 2021 earnings: Revenues in line with analyst expectations Third quarter 2021 results: Revenue: US$85.0m (up 61% from 3Q 2020). Net income: US$1.63m (up 4.6% from 3Q 2020). Profit margin: 1.9% (down from 2.9% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 20
Second quarter 2021 earnings released: US$0.036 loss per share (vs US$0.006 profit in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: US$65.4m (up 39% from 2Q 2020). Net loss: US$610.0k (down US$688.0k from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improved over the past week After last week's 17% share price gain to US$41.44, the stock trades at a trailing P/E ratio of 59.7x. Average trailing P/E is 20x in the Logistics industry in Asia. Total returns to shareholders of 96% over the past three years. Reported Earnings • Mar 19
Full year 2020 earnings released: EPS US$0.21 (vs US$0.22 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$203.5m (up 19% from FY 2019). Net income: US$2.90m (up US$5.82m from FY 2019). Profit margin: 1.4% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 09
New 90-day low: ₪34.10 The company is down 7.0% from its price of ₪36.49 on 09 December 2020. The Israeli market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 3.0% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: ₪37.38 The company is up 40% from its price of ₪26.65 on 29 October 2020. The Israeli market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: ₪36.78 The company is up 36% from its price of ₪26.98 on 30 September 2020. The Israeli market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 3.0% over the same period. Valuation Update With 7 Day Price Move • Nov 30
Market bids up stock over the past week After last week's 17% share price gain to US$32.90, the stock is trading at a trailing P/E ratio of 42.6x, up from the previous P/E ratio of 36.6x. This compares to an average P/E of 21x in the Logistics industry in Asia. Total returns to shareholders over the past three years are 28%. Is New 90 Day High Low • Nov 30
New 90-day high: ₪32.90 The company is up 52% from its price of ₪21.63 on 01 September 2020. The Israeli market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is flat over the same period. Reported Earnings • Nov 24
Third quarter 2020 earnings released: EPS US$0.12 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$52.9m (up 18% from 3Q 2019). Net income: US$1.56m (up US$2.40m from 3Q 2019). Profit margin: 2.9% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 68% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Sep 23
New 90-day high: ₪24.36 The company is up 34% from its price of ₪18.14 on 25 June 2020. The Israeli market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 21% over the same period.