Does Shapir Engineering and Industry (TLV:SPEN) Have A Healthy Balance Sheet?
May 13
Israeli (TA) Industrials Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies83
- 7D-1.6%
- 3M-0.5%
- 1Y-3.4%
- YTD-4.2%
In the last week, the Industrials industry is down 1.6% with Electra down the most at 5.1%. Overall the industry is down 3.4% in 12 months. Earnings are forecast to grow by 19% annually.
Sector Valuation and Performance
Has the Israeli Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ₪101.2b | ₪111.7b | ₪2.8b | 14.7x | 36.4x | 0.9x |
| Tue, 16 Apr 2024 | ₪102.4b | ₪112.0b | ₪2.8b | 15.5x | 36.5x | 0.9x |
| Thu, 14 Mar 2024 | ₪100.2b | ₪113.1b | ₪3.6b | 13.7x | 28.2x | 0.9x |
| Sat, 10 Feb 2024 | ₪99.4b | ₪116.7b | ₪3.8b | 13.5x | 26x | 0.9x |
| Mon, 08 Jan 2024 | ₪107.2b | ₪117.8b | ₪3.8b | 12.5x | 28.2x | 0.9x |
| Wed, 06 Dec 2023 | ₪103.2b | ₪117.6b | ₪3.8b | 12.5x | 27.1x | 0.9x |
| Fri, 03 Nov 2023 | ₪96.6b | ₪118.0b | ₪3.9b | 10.7x | 24.6x | 0.8x |
| Sun, 01 Oct 2023 | ₪105.5b | ₪117.0b | ₪4.2b | 12.4x | 25.1x | 0.9x |
| Tue, 29 Aug 2023 | ₪106.2b | ₪115.8b | ₪4.5b | 13.7x | 23.8x | 0.9x |
| Thu, 27 Jul 2023 | ₪105.9b | ₪114.0b | ₪4.8b | 13.3x | 22.1x | 0.9x |
| Sat, 24 Jun 2023 | ₪106.8b | ₪113.4b | ₪4.8b | 13.4x | 22.4x | 0.9x |
| Mon, 22 May 2023 | ₪106.4b | ₪111.4b | ₪5.7b | 11.4x | 18.6x | 1x |
| Wed, 19 Apr 2023 | ₪91.4b | ₪109.2b | ₪5.5b | 10.8x | 16.6x | 0.8x |
| Fri, 17 Mar 2023 | ₪90.2b | ₪111.5b | ₪6.6b | 11.4x | 13.6x | 0.8x |
| Sun, 12 Feb 2023 | ₪98.8b | ₪109.9b | ₪6.6b | 12.2x | 14.9x | 0.9x |
| Tue, 10 Jan 2023 | ₪101.8b | ₪109.2b | ₪6.6b | 12.7x | 15.4x | 0.9x |
| Thu, 08 Dec 2022 | ₪104.1b | ₪108.0b | ₪6.7b | 12.7x | 15.6x | 1x |
| Sat, 05 Nov 2022 | ₪112.8b | ₪106.8b | ₪6.5b | 13.7x | 17.4x | 1.1x |
| Mon, 03 Oct 2022 | ₪110.6b | ₪106.7b | ₪6.5b | 12.4x | 17.1x | 1x |
| Wed, 31 Aug 2022 | ₪119.7b | ₪103.9b | ₪5.9b | 16x | 20.2x | 1.2x |
| Fri, 29 Jul 2022 | ₪120.5b | ₪102.1b | ₪5.7b | 16.3x | 21.1x | 1.2x |
| Sun, 26 Jun 2022 | ₪112.5b | ₪102.1b | ₪5.8b | 15.4x | 19.3x | 1.1x |
| Tue, 24 May 2022 | ₪117.0b | ₪96.2b | ₪5.6b | 14.6x | 21x | 1.2x |
| Thu, 21 Apr 2022 | ₪128.7b | ₪95.3b | ₪5.5b | 16.6x | 23.5x | 1.3x |
| Sat, 19 Mar 2022 | ₪126.6b | ₪91.3b | ₪4.7b | 17.2x | 27x | 1.4x |
| Mon, 14 Feb 2022 | ₪116.3b | ₪91.1b | ₪4.6b | 16.9x | 25.3x | 1.3x |
| Wed, 12 Jan 2022 | ₪116.2b | ₪90.4b | ₪4.6b | 17.4x | 25.5x | 1.3x |
| Fri, 10 Dec 2021 | ₪109.3b | ₪90.3b | ₪4.6b | 16.3x | 23.8x | 1.2x |
| Sun, 07 Nov 2021 | ₪119.0b | ₪87.4b | ₪4.0b | 17.2x | 29.7x | 1.4x |
| Tue, 05 Oct 2021 | ₪101.8b | ₪88.0b | ₪4.0b | 15.1x | 25.2x | 1.2x |
| Thu, 02 Sep 2021 | ₪100.5b | ₪86.9b | ₪3.9b | 15.5x | 26x | 1.2x |
| Sat, 31 Jul 2021 | ₪97.2b | ₪86.1b | ₪3.8b | 13.7x | 25.3x | 1.1x |
Price to Earnings Ratio
27x
Current Industry PE
- Investors are optimistic on the Israeli Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.4x which is higher than its 3-year average PE of 23.2x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.91x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have declined 7.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 10% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Israeli Industrials sector?
| IL Market | -2.67% | |
| Industrials | -1.64% | |
| Aerospace & Defense | 0.024% | |
| Marine and Shipping | 0% | |
| Transportation | 0% | |
| Logistics | -0.50% | |
| Professional Services | -0.59% | |
| Airlines | -1.39% | |
| Trade Distributors | -2.04% | |
| Industrials | -2.06% | |
| Machinery | -2.46% | |
| Construction | -2.89% | |
| Building | -3.01% | |
| Commercial Services | -3.03% | |
| Electrical | -4.68% | |
| Infrastructure | -6.81% | |
Industry PE
- Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 18.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings growth rate of 15% per year.
- In contrast, the Aerospace & Defense industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LUZN Amos Luzon Development and Energy Group | ₪2.03 | 3.8% +₪29.9m | 42.9% | PE7.7x | |
| ETGA ETGA Group | ₪10.28 | 6.9% +₪14.8m | -39.2% | PE8.5x | |
| CMER C. Mer Industries | ₪15.51 | 5.1% +₪9.8m | 171.5% | PE12.4x | |
| ELAL El Al Israel Airlines | ₪5.35 | 0.4% +₪8.6m | 51.8% | PE5.2x | |
| BIRM Birman Wood & Hardware | ₪8.97 | 9.3% +₪8.4m | -45.0% | PS0.3x |