Financials BIG Shopping Centers Ltd

Equities

BIG

IL0010972607

Real Estate Development & Operations

Market Closed - TEL AVIV STOCK EXCHANGE 10:24:19 2024-05-06 am EDT 5-day change 1st Jan Change
38,860 ILa -1.14% Intraday chart for BIG Shopping Centers Ltd +0.41% +4.55%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,872 4,955 5,285 10,744 7,621 8,908
Enterprise Value (EV) 1 8,265 11,469 12,394 25,198 24,160 28,871
P/E ratio 15.4 x 7.85 x -578 x 9.9 x 6.79 x 10.5 x
Yield 3.27% - - - - -
Capitalization / Revenue 4.03 x 6.13 x 9.56 x 4.95 x 3.51 x 3.63 x
EV / Revenue 11.6 x 14.2 x 22.4 x 11.6 x 11.1 x 11.8 x
EV / EBITDA 18.2 x 21.4 x 39.8 x 20.2 x 20.8 x 22 x
EV / FCF 31.6 x -52.9 x 29.5 x 115 x 61.2 x 254 x
FCF Yield 3.16% -1.89% 3.39% 0.87% 1.63% 0.39%
Price to Book 0.84 x 1.22 x 1.32 x 1.62 x 0.81 x 0.81 x
Nbr of stocks (in thousands) 13,704 14,773 14,800 21,149 21,169 23,965
Reference price 2 209.6 335.4 357.1 508.0 360.0 371.7
Announcement Date 3/14/19 3/29/20 3/16/21 3/28/22 3/21/23 3/20/24
1ILS in Million2ILS
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 712.2 808.4 553 2,170 2,171 2,456
EBITDA 1 455 535.4 311.3 1,246 1,162 1,310
EBIT 1 447.6 527.6 303.8 1,236 1,152 1,302
Operating Margin 62.84% 65.27% 54.94% 56.96% 53.05% 52.99%
Earnings before Tax (EBT) 1 208.6 720.7 -47.13 1,580 1,718 1,171
Net income 1 186.6 612.7 -9.141 1,048 1,205 861
Net margin 26.2% 75.79% -1.65% 48.3% 55.49% 35.05%
EPS 2 13.60 42.70 -0.6182 51.30 53.04 35.27
Free Cash Flow 1 261.3 -216.7 420 219 394.6 113.7
FCF margin 36.69% -26.81% 75.96% 10.09% 18.18% 4.63%
FCF Conversion (EBITDA) 57.43% - 134.93% 17.57% 33.97% 8.67%
FCF Conversion (Net income) 140.02% - - 20.89% 32.75% 13.2%
Dividend per Share 2 6.863 - - - - -
Announcement Date 3/14/19 3/29/20 3/16/21 3/28/22 3/21/23 3/20/24
1ILS in Million2ILS
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 5,393 6,514 7,109 14,454 16,540 19,963
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 11.85 x 12.17 x 22.84 x 11.6 x 14.24 x 15.24 x
Free Cash Flow 1 261 -217 420 219 395 114
ROE (net income / shareholders' equity) 4.7% 14.5% -0.88% 20.7% 14.6% 8.5%
ROA (Net income/ Total Assets) 2.83% 2.86% 1.51% 3.91% 2.44% 2.37%
Assets 1 6,583 21,460 -606.1 26,827 49,342 36,348
Book Value Per Share 2 251.0 275.0 270.0 314.0 445.0 457.0
Cash Flow per Share 2 26.10 30.50 19.30 75.70 96.70 50.80
Capex 1 11.2 5.84 6.81 7.05 8.27 14.4
Capex / Sales 1.57% 0.72% 1.23% 0.32% 0.38% 0.59%
Announcement Date 3/14/19 3/29/20 3/16/21 3/28/22 3/21/23 3/20/24
1ILS in Million2ILS
Estimates
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