Financials Strauss Group Ltd.

Equities

STRS

IL0007460160

Food Processing

Market Closed - TEL AVIV STOCK EXCHANGE Other stock markets 07:24:08 2024-04-25 am EDT			5-day change	1st Jan Change
6,948 ^ILa	+0.94%		+6.01%	+1.43%

Mar. 26	Transcript : Strauss Group Ltd., Q4 2023 Earnings Call, Mar 26, 2024
Mar. 26	Strauss Group Ltd. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	10,845	7,963	8,099	-	-
Enterprise Value (EV) ¹	13,167	10,363	10,362	10,003	9,781
P/E ratio	170 x	16.3 x	579 x	148 x	302 x
Yield	-	-	3.22%	3.58%	3.87%
Capitalization / Revenue	1.14 x	0.75 x	0.76 x	0.74 x	0.71 x
EV / Revenue	1.39 x	0.98 x	0.98 x	0.91 x	0.86 x
EV / EBITDA	17 x	8.69 x	7.21 x	6.31 x	5.77 x
EV / FCF	299,257,629 x	-	-	-	-
FCF Yield	0%	-	-	-	-
Price to Book	-	-	-	-	-
Nbr of stocks (in thousands)	116,254	116,254	116,565	-	-
Reference price ²	93.29	68.50	69.48	69.48	69.48
Announcement Date	3/23/23	3/26/24	-	-	-

¹ILS in Million²ILS

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2022	2023	2024	2025	2026
Net sales ¹	9,501	10,549	10,603	10,963	11,339
EBITDA ¹	774	1,192	1,437	1,584	1,696
EBIT ¹	379	772	962	1,109	1,215
Operating Margin	3.99%	7.32%	9.07%	10.12%	10.72%
Earnings before Tax (EBT) ¹	151	721	67	96	53
Net income ¹	64	488	42	58	30
Net margin	0.67%	4.63%	0.4%	0.53%	0.26%
EPS ²	0.5480	4.191	0.1200	0.4700	0.2300
Free Cash Flow	44	-	-	-	-
FCF margin	0.46%	-	-	-	-
FCF Conversion (EBITDA)	5.68%	-	-	-	-
FCF Conversion (Net income)	68.75%	-	-	-	-
Dividend per Share ²	-	-	2.240	2.490	2.690
Announcement Date	3/23/23	3/26/24	-	-	-

¹ILS in Million²ILS

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2021 Q3	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4
Net sales ¹	2,297	1,421	2,493	2,460	2,554	2,625	2,675	2,695
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	300	-	111	64	208	171	212	181
Operating Margin	13.06%	-	4.45%	2.6%	8.14%	6.51%	7.93%	6.72%
Earnings before Tax (EBT) ¹	-	-	50	-31	-	131	133	152
Net income ¹	189	55	27	-32	-	73	80	104
Net margin	8.23%	3.87%	1.08%	-1.3%	-	2.78%	2.99%	3.86%
EPS ²	-	-	0.2300	-0.2585	-	0.6200	0.6933	0.8944
Dividend per Share	-	-	-	-	-	-	-	-
Announcement Date	11/16/21	8/16/22	11/28/22	3/23/23	5/30/23	8/15/23	11/30/23	3/26/24

¹ILS in Million²ILS

Estimates

Balance Sheet Analysis

Fiscal Period: December	2022	2023	2024	2025	2026
Net Debt ¹	2,322	2,400	2,263	1,904	1,682
Net Cash position ¹	-	-	-	-	-
Leverage (Debt/EBITDA)	3 x	2.013 x	1.575 x	1.202 x	0.9917 x
Free Cash Flow	44	-	-	-	-
ROE (net income / shareholders' equity)	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-
Assets ¹	-	-	-	-	-
Book Value Per Share	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-
Capex ¹	435	507	416	429	442
Capex / Sales	4.58%	4.81%	3.92%	3.91%	3.9%
Announcement Date	3/23/23	3/26/24	-	-	-

¹ILS in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Strauss Group Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

D-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

69.48 ILS

Average target price

82 ILS

Spread / Average Target

+18.02%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Food Processing

	1st Jan change	Capi.
STRAUSS GROUP LTD.	+1.43%	2.12B
NESTLÉ S.A.	-4.93%	261B
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GENERAL MILLS, INC.	+8.74%	39.99B
THE HERSHEY COMPANY	-0.15%	38.02B
ARCHER-DANIELS-MIDLAND COMPANY	-16.78%	30.16B
NESTLÉ INDIA LIMITED	-6.61%	28.72B
ASSOCIATED BRITISH FOODS PLC	+11.32%	24.54B
YIHAI KERRY ARAWANA HOLDINGS CO., LTD	-9.29%	22.65B

Other Food Processing