Risk factor
Very poor trading liquidity
Profitability factor
Undervalued vs peers
About
Kardan Israel Ltd. is a real estate company with operations in both Israel and the United States, conducting its business through various subsidiaries. Its core activities include identifying, planning, and constructing residential complexes for sale within Israel. The firm also specializes in urban revitalization, overseeing the demolition of existing structures and their subsequent reconstruction. Beyond residential, Kardan develops, markets, and leases commercial as well as office properties. Furthermore, it engages in direct real estate investments. The company extends its expertise to general contracting, providing construction services for residential, commercial, and public sector developments. A substantial portion of its portfolio is dedicated to logistics real estate development, encompassing facilities like data centers, retail spaces, administrative offices, and cold storage units. Founded in 1982, Kardan Israel maintains its corporate headquarters in Tel Aviv-Yafo, Israel.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.