Company Valuation: Lapidoth Capital Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,866 2,260 3,969 3,482 4,456 5,788
Change - 21.15% 75.6% -12.26% 27.96% 29.89%
Enterprise Value (EV) 1 3,959 3,705 4,754 3,923 5,019 6,982
Change - -6.39% 28.3% -17.48% 27.94% 39.1%
P/E 10.1x 12.1x 14.5x 14.6x 16.6x 22.6x
PBR 2.54x 1.8x 2.19x 1.73x 1.9x 2.23x
PEG - -1.69x 0.7x -1.2x 1.3x -16.35x
Capitalization / Revenue 0.33x 0.35x 0.6x 0.48x 0.58x 0.72x
EV / Revenue 0.71x 0.58x 0.72x 0.55x 0.65x 0.87x
EV / EBITDA 13.1x 8.24x 9.37x 8.71x 11.6x 14x
EV / EBIT 14.7x 8.83x 10.2x 9.82x 13.1x 18.9x
EV / FCF -15.5x -17.8x 9.18x 4.65x -15.6x -17.2x
FCF Yield -6.47% -5.62% 10.9% 21.5% -6.42% -5.8%
Dividend per Share 2 - 1.188 1.055 0.8079 0.7931 -
Rate of return - 2.69% 1.65% 1.44% 1.1% -
EPS 2 3.91 3.63 4.398 3.84 4.34 4.28
Distribution rate - 32.7% 24% 21% 18.3% -
Net sales 1 5,615 6,389 6,643 7,195 7,671 8,019
EBITDA 1 303.1 449.6 507.2 450.4 434 499.9
EBIT 1 269.6 419.9 467.3 399.7 382.5 368.6
Net income 1 193.3 190 233.3 240.2 272 260.4
Net Debt 1 2,093 1,445 785.1 440.9 563.3 1,194
Reference price 2 39.57 44.08 63.87 56.24 72.19 96.65
Nbr of stocks (in thousands) 47,151 51,278 62,143 61,918 61,726 59,887
Announcement Date 3/31/21 A 3/20/22 A 3/21/23 A 3/20/24 A 3/20/25 A 3/30/26 A
1ILS in Million2ILS
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 1.55B
16.91x5.29x11.95x4.42% 24.73B
7.11x0.85x3.34x4.69% 7.31B
68.23x3x9.75x4.53% 7.06B
17.42x2.61x7.41x-.--% 6.09B
23.61x2.82x12.25x-.--% 5.68B
15.72x0.55x5.27x2.86% 5.01B
21.25x3.77x7.91x2.91% 4.94B
-228.4x1.06x5.47x3.5% 4.36B
-60.18x1.38x6.23x2.53% 4.03B
Average -13.15x 2.37x 7.73x 2.83% 7.07B
Weighted average by Cap. 2.00x 3.20x 8.93x 3.32%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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  4. Valuation Lapidoth Capital Ltd
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