Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Established in 1998 and based in Be'erot Yitzhak, Israel, Mehadrin Ltd. is an agricultural enterprise engaged in the cultivation and global distribution of citrus, fruits, and vegetables. Its produce is primarily sold under the JAFFA brand name within Israel. The company's diverse product portfolio encompasses a range of citrus varieties, including oranges, lemons, easy peelers, kumquats, grapefruits, and exotic citrus. It also supplies various fruits such as litchis, avocados, dates, Sharon fruits, pomegranates, and mangoes, alongside vegetables like potatoes, sweet potatoes, and both conventional and organic carrots. Mehadrin operates approximately 8,500 hectares of agricultural land. Beyond its core farming business, the company offers extensive cold storage facilities for fresh produce, dairy items, and frozen goods including juice concentrates, vegetables, meat, and fish. Additional activities include leasing land and buildings, as well as providing drinking water supply and pumping services. Its products are exported worldwide.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'expensive' on EV