Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
Hod Assaf Industries Ltd. specializes in the manufacturing and processing of steel products, predominantly for the construction industry across Israel and Romania. Its offerings include steel rods and coils, alongside the fabrication of wire rods essential for concrete reinforcement mesh. The company also provides contractors with pre-processed construction steel. Expanding its scope, Hod Assaf engineers assembled and welded elements such as columns, beams, and bridge girders for various structural applications. A diverse array of fencing products is also produced, encompassing intertwined and welded mesh fences, as well as barbed wire for both civilian and military uses. Furthermore, the company manufactures welded mesh specifically for concrete reinforcement and galvanized wires tailored for industrial and agricultural sectors. Completing its portfolio, Hod Assaf also supplies mesh and related items for interior plastering. Established in 1947, the firm maintains its headquarters in Acre, Israel.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITDA