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Tiv Taam Holdings 1

TASE:TTAM
Snowflake Description

Good value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TTAM
TASE
₪266M
Market Cap
  1. Home
  2. IL
  3. Consumer Retailing
Company description

Tiv Taam Holdings 1 Ltd. owns and operates a chain of food retail stores in Israel. The last earnings update was 12 days ago. More info.


Add to Portfolio Compare Print
TTAM Share Price and Events
7 Day Returns
4%
TASE:TTAM
-0.6%
IL Consumer Retailing
1.7%
IL Market
1 Year Returns
14%
TASE:TTAM
-6.8%
IL Consumer Retailing
-13.7%
IL Market
TTAM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Tiv Taam Holdings 1 (TTAM) 4% 1.9% -1.6% 14% -9.7% 39%
IL Consumer Retailing -0.6% -4.9% -7.4% -6.8% 15.8% 69.2%
IL Market 1.7% -16.9% -25.4% -13.7% -1.3% 5.2%
1 Year Return vs Industry and Market
  • TTAM outperformed the Consumer Retailing industry which returned -6.8% over the past year.
  • TTAM outperformed the Market in Israel which returned -13.7% over the past year.
Price Volatility
TTAM
Industry
5yr Volatility vs Market

TTAM Value

 Is Tiv Taam Holdings 1 undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Tiv Taam Holdings 1 to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Tiv Taam Holdings 1.

TASE:TTAM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.8%
Perpetual Growth Rate 10-Year IL Government Bond Rate 0.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TASE:TTAM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IL Govt Bond Rate 0.9%
Equity Risk Premium S&P Global 6.3%
Consumer Retailing Unlevered Beta Simply Wall St/ S&P Global 0.48
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.483 (1 + (1- 23%) (240.17%))
1.252
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.25
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.85% + (1.252 * 6.33%)
8.78%

Discounted Cash Flow Calculation for TASE:TTAM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Tiv Taam Holdings 1 is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

TASE:TTAM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (ILS, Millions) Source Present Value
Discounted (@ 8.78%)
2020 58.57 Est @ 37.3% 53.84
2021 74.01 Est @ 26.37% 62.55
2022 87.86 Est @ 18.71% 68.27
2023 99.59 Est @ 13.35% 71.14
2024 109.16 Est @ 9.6% 71.68
2025 116.77 Est @ 6.98% 70.49
2026 122.77 Est @ 5.14% 68.14
2027 127.50 Est @ 3.85% 65.05
2028 131.27 Est @ 2.95% 61.57
2029 134.31 Est @ 2.32% 57.92
Present value of next 10 years cash flows ₪650.00
TASE:TTAM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₪134.31 × (1 + 0.85%) ÷ (8.78% – 0.85%)
₪1,709.07
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₪1,709.07 ÷ (1 + 8.78%)10
₪736.96
TASE:TTAM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₪650.00 + ₪736.96
₪1,386.96
Equity Value per Share
(ILS)
= Total value / Shares Outstanding
= ₪1,386.96 / 104.27
₪13.3
TASE:TTAM Discount to Share Price
Calculation Result
Value per share (ILS) From above. ₪13.30
Current discount Discount to share price of ₪2.55
= -1 x (₪2.55 - ₪13.30) / ₪13.30
80.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Tiv Taam Holdings 1 is available for.
Intrinsic value
>50%
Share price is ₪2.55 vs Future cash flow value of ₪13.3
Current Discount Checks
For Tiv Taam Holdings 1 to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Tiv Taam Holdings 1's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Tiv Taam Holdings 1's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Tiv Taam Holdings 1's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Tiv Taam Holdings 1's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TASE:TTAM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in ILS ₪0.17
TASE:TTAM Share Price ** TASE (2020-04-06) in ILS ₪2.55
Israel Consumer Retailing Industry PE Ratio Median Figure of 8 Publicly-Listed Consumer Retailing Companies 19.16x
Israel Market PE Ratio Median Figure of 241 Publicly-Listed Companies 10.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Tiv Taam Holdings 1.

TASE:TTAM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TASE:TTAM Share Price ÷ EPS (both in ILS)

= 2.55 ÷ 0.17

14.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tiv Taam Holdings 1 is good value based on earnings compared to the IL Consumer Retailing industry average.
  • Tiv Taam Holdings 1 is overvalued based on earnings compared to the Israel market.
Price based on expected Growth
Does Tiv Taam Holdings 1's expected growth come at a high price?
Raw Data
TASE:TTAM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Consumer Retailing Industry PEG Ratio Median Figure of 73 Publicly-Listed Consumer Retailing Companies 2.06x
Israel Market PEG Ratio Median Figure of 8 Publicly-Listed Companies 0.78x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Tiv Taam Holdings 1, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Tiv Taam Holdings 1's assets?
Raw Data
TASE:TTAM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in ILS ₪1.25
TASE:TTAM Share Price * TASE (2020-04-06) in ILS ₪2.55
Israel Consumer Retailing Industry PB Ratio Median Figure of 9 Publicly-Listed Consumer Retailing Companies 2.4x
Israel Market PB Ratio Median Figure of 344 Publicly-Listed Companies 0.95x
TASE:TTAM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TASE:TTAM Share Price ÷ Book Value per Share (both in ILS)

= 2.55 ÷ 1.25

2.04x

* Primary Listing of Tiv Taam Holdings 1.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Tiv Taam Holdings 1 is good value based on assets compared to the IL Consumer Retailing industry average.
X
Value checks
We assess Tiv Taam Holdings 1's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Retailing industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Retailing industry average (and greater than 0)? (1 check)
  5. Tiv Taam Holdings 1 has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

TTAM Future Performance

 How is Tiv Taam Holdings 1 expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tiv Taam Holdings 1 has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.4%
Expected Consumer Retailing industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Tiv Taam Holdings 1 expected to grow at an attractive rate?
  • Unable to compare Tiv Taam Holdings 1's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Tiv Taam Holdings 1's earnings growth to the Israel market average as no estimate data is available.
  • Unable to compare Tiv Taam Holdings 1's revenue growth to the Israel market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TASE:TTAM Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 12.4%
Asia Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 7.7%
Israel Market Earnings Growth Rate Market Cap Weighted Average 16.6%
Israel Market Revenue Growth Rate Market Cap Weighted Average 5.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TASE:TTAM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in ILS Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TASE:TTAM Past Financials Data
Date (Data in ILS Millions) Revenue Cash Flow Net Income *
2019-12-31 1,375 82 18
2019-09-30 1,374 89 11
2019-06-30 1,373 96 3
2019-03-31 1,384 80 2
2018-12-31 1,396 64 1
2018-09-30 1,403 35 11
2018-06-30 1,410 5 21
2018-03-31 1,420 5 21
2017-12-31 1,430 6 21
2017-09-30 1,466 34 13
2017-06-30 1,449 -1 -32
2017-03-31 1,470 18 -35

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Tiv Taam Holdings 1 is high growth as no earnings estimate data is available.
  • Unable to determine if Tiv Taam Holdings 1 is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TASE:TTAM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Tiv Taam Holdings 1 Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TASE:TTAM Past Financials Data
Date (Data in ILS Millions) EPS *
2019-12-31 0.17
2019-09-30 0.11
2019-06-30 0.03
2019-03-31 0.02
2018-12-31 0.01
2018-09-30 0.10
2018-06-30 0.19
2018-03-31 0.20
2017-12-31 0.20
2017-09-30 0.12
2017-06-30 -0.32
2017-03-31 -0.34

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Tiv Taam Holdings 1 will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Tiv Taam Holdings 1 is trading at Tiv Taam Holdings 1'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Tiv Taam Holdings 1's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Retailing companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Tiv Taam Holdings 1's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Tiv Taam Holdings 1 has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

TTAM Past Performance

  How has Tiv Taam Holdings 1 performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Tiv Taam Holdings 1's growth in the last year to its industry (Consumer Retailing).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Tiv Taam Holdings 1's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Tiv Taam Holdings 1's 1-year earnings growth exceeds its 5-year average (1289.5% vs -5.3%)
  • Tiv Taam Holdings 1's earnings growth has exceeded the IL Consumer Retailing industry average in the past year (1289.5% vs 1.5%).
Earnings and Revenue History
Tiv Taam Holdings 1's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Tiv Taam Holdings 1 Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TASE:TTAM Past Revenue, Cash Flow and Net Income Data
Date (Data in ILS Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,375.35 18.11 366.57
2019-09-30 1,373.95 11.25 373.01
2019-06-30 1,372.56 3.18 380.92
2019-03-31 1,384.12 1.63 391.12
2018-12-31 1,395.68 1.30 399.84
2018-09-30 1,402.92 10.91 397.85
2018-06-30 1,410.16 20.51 395.86
2018-03-31 1,419.90 20.83 394.62
2017-12-31 1,429.64 21.15 393.39
2017-09-30 1,466.42 12.94 392.28
2017-06-30 1,448.70 -32.47 393.03
2017-03-31 1,470.25 -34.62 391.42
2016-12-31 1,448.47 -36.21 384.18
2016-09-30 1,421.87 -28.81 376.53
2016-06-30 1,414.87 14.74 366.61
2016-03-31 1,346.92 22.98 343.37
2015-12-31 1,289.90 23.26 323.80
2015-09-30 1,225.56 21.35 306.91
2015-06-30 1,184.02 18.73 300.58
2015-03-31 1,186.55 18.62 302.45
2014-12-31 1,181.24 18.61 302.35
2014-09-30 1,161.07 18.50 303.40
2014-06-30 1,171.11 18.98 302.17
2014-03-31 1,144.14 13.36 297.90
2013-12-31 1,151.31 18.26 294.87
2013-09-30 1,134.60 17.02 292.48
2013-06-30 1,100.78 19.91 291.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Tiv Taam Holdings 1 has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Tiv Taam Holdings 1 used its assets less efficiently than the IL Consumer Retailing industry average last year based on Return on Assets.
  • Tiv Taam Holdings 1 has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Tiv Taam Holdings 1's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Retailing industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Tiv Taam Holdings 1 has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

TTAM Health

 How is Tiv Taam Holdings 1's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Tiv Taam Holdings 1's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Tiv Taam Holdings 1's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Tiv Taam Holdings 1's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Tiv Taam Holdings 1's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Tiv Taam Holdings 1 Company Filings, last reported 3 months ago.

TASE:TTAM Past Debt and Equity Data
Date (Data in ILS Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 130.26 163.80 14.08
2019-09-30 130.26 163.80 14.08
2019-06-30 121.34 168.78 12.35
2019-03-31 121.34 168.78 12.35
2018-12-31 145.33 167.06 10.70
2018-09-30 145.33 167.06 10.70
2018-06-30 148.96 209.14 17.10
2018-03-31 148.96 209.14 17.10
2017-12-31 144.16 204.73 19.47
2017-09-30 144.16 204.73 19.47
2017-06-30 130.35 177.12 19.80
2017-03-31 130.35 177.12 19.80
2016-12-31 123.35 161.26 17.89
2016-09-30 124.19 185.19 24.69
2016-06-30 161.59 131.14 14.37
2016-03-31 161.18 135.17 7.91
2015-12-31 164.21 133.96 11.66
2015-09-30 158.37 170.69 28.83
2015-06-30 152.22 146.18 14.77
2015-03-31 143.57 162.32 6.87
2014-12-31 145.49 172.13 9.49
2014-09-30 141.12 179.64 17.28
2014-06-30 137.59 183.88 11.74
2014-03-31 129.04 200.15 8.78
2013-12-31 127.80 191.87 8.95
2013-09-30 121.48 233.44 11.53
2013-06-30 117.46 223.44 8.83
  • Tiv Taam Holdings 1's level of debt (125.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (118.3% vs 125.8% today).
  • Debt is well covered by operating cash flow (50.2%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.1x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Tiv Taam Holdings 1's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Tiv Taam Holdings 1 has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

TTAM Dividends

 What is Tiv Taam Holdings 1's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Tiv Taam Holdings 1 dividends.
If you bought ₪2,000 of Tiv Taam Holdings 1 shares you are expected to receive ₪0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Tiv Taam Holdings 1's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Tiv Taam Holdings 1's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TASE:TTAM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Consumer Retailing Industry Average Dividend Yield Market Cap Weighted Average of 168 Stocks 1.9%
Israel Market Average Dividend Yield Market Cap Weighted Average of 145 Stocks 4%
Israel Minimum Threshold Dividend Yield 10th Percentile 1.4%
Israel Bottom 25% Dividend Yield 25th Percentile 2.3%
Israel Top 25% Dividend Yield 75th Percentile 6.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TASE:TTAM Past Annualized Dividends Data
Date (Data in ₪) Dividend per share (annual) Avg. Yield (%)
2017-08-24 0.000 0.000
2017-03-29 0.000 0.000
2016-03-29 0.038 1.200
2015-03-26 0.020 0.889

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Tiv Taam Holdings 1 has not reported any payouts.
  • Unable to verify if Tiv Taam Holdings 1's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Tiv Taam Holdings 1's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Tiv Taam Holdings 1 has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Tiv Taam Holdings 1's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Tiv Taam Holdings 1 afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Tiv Taam Holdings 1 has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

TTAM Management

 What is the CEO of Tiv Taam Holdings 1's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Adi Cohen
COMPENSATION ₪498,000
CEO Bio

Mr. Adi Cohen serves as the Chief Executive Officer at Tiv Taam Holdings 1 Ltd. Mr. Cohen is employed at Haargaz Group. Mr. Cohen serves as an Executive Chairman Orbix Medical Ltd. He serves as a Director of Meytav Technological Incubator. He has been a Director of Tiv Taam Holdings 1 Ltd. since November 29, 2009. Mr. Cohen holds an M.B.A., a B.Sc in Aeronautics and Space Engineering, and B.A. in Accounting.

CEO Compensation
  • Insufficient data for Adi to compare compensation growth.
  • Insufficient data for Adi to establish whether their remuneration is reasonable compared to companies of similar size in Israel.
Management Team Tenure

Average tenure and age of the Tiv Taam Holdings 1 management team in years:

9.5
Average Tenure
57
Average Age
  • The average tenure for the Tiv Taam Holdings 1 management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Rami Levy

TITLE
Chief Executive Officer of Israco International Food Brands Marketing Ltd
COMPENSATION
₪864K
AGE
64

Yossi Shalev

TITLE
Head of the Commercial and Marketing Division for Tiv Taam Reshatot Ltd
COMPENSATION
₪973K
TENURE
12.7 yrs

Moshe Nakim

TITLE
Head of Operations Division for Tiv Taam Reshatot Ltd
COMPENSATION
₪707K
TENURE
13.7 yrs

Adi Cohen

TITLE
Chief Executive Officer and Director
COMPENSATION
₪498K

Sharon Shane

TITLE
Head of Human Resources
AGE
44
TENURE
4.3 yrs

Harry Eldad

TITLE
Chief Executive Officer of Mizra Delicacy Food Industries Ltd
COMPENSATION
₪813K

Orly Lebov

TITLE
Legal Advisor and Company Secretary
AGE
57
TENURE
6.3 yrs
Board of Directors Tenure

Average tenure of the Tiv Taam Holdings 1 board of directors in years:

9.9
Average Tenure
  • The tenure for the Tiv Taam Holdings 1 board of directors is about average.
Board of Directors

Aharon Meidan

TITLE
Chairman

Adi Cohen

TITLE
Chief Executive Officer and Director
COMPENSATION
₪498K
TENURE
10.4 yrs

Shalom Hagai

TITLE
Director
TENURE
10.4 yrs

Esther Eldan

TITLE
External Director
TENURE
10.2 yrs

Robert Avi-Tal

TITLE
External Director
AGE
72
TENURE
9.6 yrs

Michael Carmon

TITLE
Independent Director
TENURE
9.3 yrs

Assaf Gross

TITLE
Director
TENURE
7.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₪) Value (₪)
X
Management checks
We assess Tiv Taam Holdings 1's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Tiv Taam Holdings 1 has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

TTAM News

Simply Wall St News

TTAM Company Info

Description

Tiv Taam Holdings 1 Ltd. owns and operates a chain of food retail stores in Israel. The company offers fruits and vegetables, meat and chicken products, fish and sea fruits, eggs, milk, salads, cheese products, sausages, breads and pastries, canned food pasta dressing and spreads, nuts/seeds and dry fruits, cereal snacks and sweets, frozen food products, beverages, wine/beer and alcohol products, cigarettes, cosmetics, home care and animal care products, and pizzas. It also serves customers through its online store. Tiv Taam Holdings 1 Ltd. was formerly known as World Group Holdings Ltd. and changed its name to Tiv Taam Holdings 1 Ltd. in May, 2007. The company was founded in 1965 and is based in Tel Aviv, Israel. Tiv Taam Holdings 1 Ltd. is a former subsidiary of Ha'argaz Ltd.

Details
Name: Tiv Taam Holdings 1 Ltd.
TTAM
Exchange: TASE
Founded: 1965
₪265,882,053
104,267,472
Website: http://www.tivtaam.co.il
Address: Tiv Taam Holdings 1 Ltd.
Ibn Gabirol 64,
Even Gvirol 64,
Tel Aviv,
60000,
Israel
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TASE TTAM Ordinary Shares The Tel-Aviv Stock Exchange IL ILS 03. May 1996
Number of employees
Current staff
Staff numbers
0
Tiv Taam Holdings 1 employees.
Industry
Food Retail
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 20:24
End of day share price update: 2020/04/06 00:00
Last earnings filing: 2020/03/25
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.