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N.R. Spuntech Industries

TASE:SPNTC
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SPNTC
TASE
₪471M
Market Cap
  1. Home
  2. IL
  3. Household
Company description

N.R. Spuntech Industries Ltd. develops, manufactures, and supplies spunlace hydroentangled fabrics. The last earnings update was 21 days ago. More info.


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  • N.R. Spuntech Industries has significant price volatility in the past 3 months.
SPNTC Share Price and Events
7 Day Returns
23.2%
TASE:SPNTC
-2.1%
Asia Personal Products
1.7%
IL Market
1 Year Returns
-28.3%
TASE:SPNTC
-16.8%
Asia Personal Products
-13.7%
IL Market
SPNTC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
N.R. Spuntech Industries (SPNTC) 23.2% 54.6% 30% -28.3% -39.3% -46.1%
Asia Personal Products -2.1% -5.6% -13.2% -16.8% 8.1% 3.3%
IL Market 1.7% -16.9% -25.4% -13.7% -1.3% 5.2%
1 Year Return vs Industry and Market
  • SPNTC underperformed the Personal Products industry which returned -16.8% over the past year.
  • SPNTC underperformed the Market in Israel which returned -13.7% over the past year.
Price Volatility
SPNTC
Industry
5yr Volatility vs Market
Related Companies

SPNTC Value

 Is N.R. Spuntech Industries 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 N.R. Spuntech Industries 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 N.R. Spuntech Industries.

TASE:SPNTC 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 6.5%
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:SPNTC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IL Govt Bond Rate 0.9%
Equity Risk Premium S&P Global 6.3%
Personal Products Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.596 (1 + (1- 23%) (52.07%))
0.89
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.89
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.85% + (0.89 * 6.33%)
6.48%

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

The calculations below outline how an intrinsic value for N.R. Spuntech Industries 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:SPNTC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (ILS, Millions) Source Present Value
Discounted (@ 6.48%)
2020 33.15 Est @ -29.5% 31.13
2021 26.39 Est @ -20.39% 23.28
2022 22.69 Est @ -14.02% 18.79
2023 20.52 Est @ -9.56% 15.96
2024 19.20 Est @ -6.44% 14.03
2025 18.39 Est @ -4.25% 12.61
2026 17.88 Est @ -2.72% 11.52
2027 17.59 Est @ -1.65% 10.64
2028 17.43 Est @ -0.9% 9.91
2029 17.37 Est @ -0.37% 9.27
Present value of next 10 years cash flows ₪157.00
TASE:SPNTC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₪17.37 × (1 + 0.85%) ÷ (6.48% – 0.85%)
₪311.04
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₪311.04 ÷ (1 + 6.48%)10
₪166.00
TASE:SPNTC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₪157.00 + ₪166.00
₪323.00
Equity Value per Share
(ILS)
= Total value / Shares Outstanding
= ₪323.00 / 66.26
₪4.87
TASE:SPNTC Discount to Share Price
Calculation Result
Value per share (ILS) From above. ₪4.87
Current discount Discount to share price of ₪7.08
= -1 x (₪7.08 - ₪4.87) / ₪4.87
-45.3%

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

  • The current share price of N.R. Spuntech Industries is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 N.R. Spuntech Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are N.R. Spuntech Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TASE:SPNTC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in ILS ₪0.38
TASE:SPNTC Share Price ** TASE (2020-04-06) in ILS ₪7.08
Asia Personal Products Industry PE Ratio Median Figure of 124 Publicly-Listed Personal Products Companies 20.32x
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 N.R. Spuntech Industries.

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

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

= 7.08 ÷ 0.38

18.52x

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

  • N.R. Spuntech Industries is good value based on earnings compared to the Asia Personal Products industry average.
  • N.R. Spuntech Industries is overvalued based on earnings compared to the Israel market.
Price based on expected Growth
Does N.R. Spuntech Industries's expected growth come at a high price?
Raw Data
TASE:SPNTC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.52x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Personal Products Industry PEG Ratio Median Figure of 43 Publicly-Listed Personal Products Companies 2.34x
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 N.R. Spuntech Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on N.R. Spuntech Industries's assets?
Raw Data
TASE:SPNTC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in ILS ₪3.51
TASE:SPNTC Share Price * TASE (2020-04-06) in ILS ₪7.08
Asia Personal Products Industry PB Ratio Median Figure of 172 Publicly-Listed Personal Products Companies 1.59x
Israel Market PB Ratio Median Figure of 344 Publicly-Listed Companies 0.95x
TASE:SPNTC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 7.08 ÷ 3.51

2.02x

* Primary Listing of N.R. Spuntech Industries.

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

  • N.R. Spuntech Industries is overvalued based on assets compared to the Asia Personal Products industry average.
X
Value checks
We assess N.R. Spuntech Industries'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 Personal Products 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 Personal Products industry average (and greater than 0)? (1 check)
  5. N.R. Spuntech Industries has a total score of 1/6, 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.

SPNTC Future Performance

 How is N.R. Spuntech Industries 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 N.R. Spuntech Industries 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
12.2%
Expected Personal Products industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is N.R. Spuntech Industries expected to grow at an attractive rate?
  • Unable to compare N.R. Spuntech Industries's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare N.R. Spuntech Industries's earnings growth to the Israel market average as no estimate data is available.
  • Unable to compare N.R. Spuntech Industries's revenue growth to the Israel market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TASE:SPNTC Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Personal Products Industry Earnings Growth Rate Market Cap Weighted Average 12.2%
Asia Personal Products Industry Revenue Growth Rate Market Cap Weighted Average 6.6%
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:SPNTC 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:SPNTC Past Financials Data
Date (Data in ILS Millions) Revenue Cash Flow Net Income *
2019-12-31 605 59 25
2019-09-30 634 67 33
2019-06-30 634 64 36
2019-03-31 647 64 47
2018-12-31 658 88 41
2018-09-30 631 73 48
2018-06-30 627 74 43
2018-03-31 603 51 33
2017-12-31 584 55 27
2017-09-30 561 58 13
2017-06-30 535 49 14
2017-03-31 520 49 20

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if N.R. Spuntech Industries is high growth as no earnings estimate data is available.
  • Unable to determine if N.R. Spuntech Industries 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:SPNTC 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 N.R. Spuntech Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TASE:SPNTC Past Financials Data
Date (Data in ILS Millions) EPS *
2019-12-31 0.38
2019-09-30 0.50
2019-06-30 0.54
2019-03-31 0.72
2018-12-31 0.62
2018-09-30 0.72
2018-06-30 0.63
2018-03-31 0.47
2017-12-31 0.40
2017-09-30 0.20
2017-06-30 0.22
2017-03-31

*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 N.R. Spuntech Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine N.R. Spuntech Industries's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. N.R. Spuntech Industries'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 Household 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 N.R. Spuntech Industries'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.
N.R. Spuntech Industries 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.

SPNTC Past Performance

  How has N.R. Spuntech Industries 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 N.R. Spuntech Industries's growth in the last year to its industry (Personal Products).
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.
  • N.R. Spuntech Industries's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • N.R. Spuntech Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • N.R. Spuntech Industries's 1-year earnings growth is negative, it can't be compared to the Asia Personal Products industry average.
Earnings and Revenue History
N.R. Spuntech Industries'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 N.R. Spuntech Industries Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TASE:SPNTC Past Revenue, Cash Flow and Net Income Data
Date (Data in ILS Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 605.46 25.35 55.37
2019-09-30 633.98 33.08 55.55
2019-06-30 633.97 35.64 55.07
2019-03-31 646.74 47.39 54.48
2018-12-31 658.39 41.02 55.24
2018-09-30 631.47 48.06 55.21
2018-06-30 626.83 43.36 55.40
2018-03-31 602.83 32.87 55.39
2017-12-31 584.39 26.64 57.89
2017-09-30 561.11 13.45 57.21
2017-06-30 534.89 14.27 57.67
2017-03-31 519.95 19.75 58.17
2016-12-31 509.48 36.10 54.31
2016-09-30 515.26 50.40 56.08
2016-06-30 515.38 62.58 55.64
2016-03-31 527.09 72.44 54.83
2015-12-31 529.96 77.02 54.51
2015-09-30 530.09 69.67 53.24
2015-06-30 539.96 65.51 53.28
2015-03-31 512.44 56.97 52.55
2014-12-31 512.21 47.95 51.52
2014-09-30 491.61 46.38 48.50
2014-06-30 479.99 43.97 46.13
2014-03-31 489.76 42.33 45.49
2013-12-31 466.79 41.08 44.78
2013-09-30 469.13 37.16 45.42
2013-06-30 468.03 37.13 45.62

*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.
  • N.R. Spuntech Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • N.R. Spuntech Industries used its assets less efficiently than the Asia Personal Products industry average last year based on Return on Assets.
  • N.R. Spuntech Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess N.R. Spuntech Industries'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 Personal Products 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.
N.R. Spuntech Industries has a total score of 0/6, 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.

SPNTC Health

 How is N.R. Spuntech Industries'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 N.R. Spuntech Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • N.R. Spuntech Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • N.R. Spuntech Industries's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of N.R. Spuntech Industries'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 not covered by short term assets, assets are 0.7x 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 N.R. Spuntech Industries Company Filings, last reported 3 months ago.

TASE:SPNTC Past Debt and Equity Data
Date (Data in ILS Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 232.38 230.16 20.62
2019-09-30 229.27 242.84 19.48
2019-06-30 228.83 251.71 10.01
2019-03-31 231.95 271.57 4.44
2018-12-31 226.87 270.76 13.21
2018-09-30 231.33 261.84 15.59
2018-06-30 223.91 273.00 12.96
2018-03-31 202.33 292.87 15.07
2017-12-31 192.86 298.54 12.64
2017-09-30 176.29 312.51 18.61
2017-06-30 170.65 320.99 17.96
2017-03-31 175.22 325.18 17.27
2016-12-31 186.13 357.31 23.22
2016-09-30 175.61 343.38 6.43
2016-06-30 175.21 346.84 6.56
2016-03-31 163.38 339.47 17.39
2015-12-31 153.64 329.76 13.99
2015-09-30 166.48 283.42 5.73
2015-06-30 142.55 224.54 13.14
2015-03-31 150.71 190.97 18.69
2014-12-31 125.83 185.02 9.36
2014-09-30 119.34 177.86 16.15
2014-06-30 96.09 170.50 3.53
2014-03-31 105.37 165.14 8.12
2013-12-31 93.05 181.10 43.78
2013-09-30 101.56 158.05 18.08
2013-06-30 94.09 176.79 24.22
  • N.R. Spuntech Industries's level of debt (99%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (146.8% vs 99% today).
  • Debt is well covered by operating cash flow (25.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.2x coverage).
X
Financial health checks
We assess N.R. Spuntech Industries'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. N.R. Spuntech Industries has a total score of 4/6, 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.

SPNTC Dividends

 What is N.R. Spuntech Industries'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 N.R. Spuntech Industries dividends.
If you bought ₪2,000 of N.R. Spuntech Industries 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 N.R. Spuntech Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate N.R. Spuntech Industries'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:SPNTC 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 Personal Products Industry Average Dividend Yield Market Cap Weighted Average of 103 Stocks 1.6%
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:SPNTC Past Annualized Dividends Data
Date (Data in ₪) Dividend per share (annual) Avg. Yield (%)
2020-03-16 0.000 0.000
2019-03-20 0.380 5.863
2017-06-01 0.000 0.000
2017-03-27 0.000 0.000
2016-11-23 0.000 0.000
2016-03-16 0.480 3.122
2015-03-10 0.480 3.411
2014-03-03 0.530 6.887
2013-08-12 0.660 10.048
2013-03-21 0.660 11.605
2011-03-29 0.750 19.828
2010-11-18 0.900 21.807
2010-10-17 0.900 20.492
2010-08-26 0.900 20.363
2010-03-10 0.450 9.864
2010-01-17 0.450 9.291

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

  • Unable to perform a dividend volatility check as N.R. Spuntech Industries has not reported any payouts.
  • Unable to verify if N.R. Spuntech Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of N.R. Spuntech Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as N.R. Spuntech Industries 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 N.R. Spuntech Industries'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 N.R. Spuntech Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. N.R. Spuntech Industries 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.

SPNTC Management

 What is the CEO of N.R. Spuntech Industries'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
Hezi Nissan
COMPENSATION ₪1,970,000
TENURE AS CEO 1.3 years
CEO Bio

Mr. Hezi Yeheskel Nissan serves as Chief Executive Officer of Nissan Medical Industries Ltd. Mr. Nissan has been the Chairman of N.R. Spuntech Industries Ltd. since 1996 and also serves as its Chief Executive Officer since 2019. He serves as a Director of Nissan Medical Industries Ltd.; Nissan Dressing Products Ltd.; Nissan Medical International 1992 Ltd.; Hezi Nissan Ltd.; Nissan Holdings (T.R.) Ltd.; Nirco Holdings Ltd.; Spuntech Industries Inc.; Pansements Raffin S.A.; and Hubei V-Medical Products Co., Ltd.

CEO Compensation
  • Hezi's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Hezi's remuneration is higher than average for companies of similar size in Israel.
Management Team Tenure

Average tenure of the N.R. Spuntech Industries management team in years:

8.3
Average Tenure
  • The average tenure for the N.R. Spuntech Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Hezi Nissan

TITLE
Chairman & CEO
COMPENSATION
₪2M
TENURE
1.3 yrs

Tomer Dvash

TITLE
Chief Financial Officer
COMPENSATION
₪1M
TENURE
6.3 yrs

Ron Broshi

TITLE
Vice President of Business & Product Development
COMPENSATION
₪959K
TENURE
12.3 yrs

Rob Stoller

TITLE
Vice President of Marketing & Sales
COMPENSATION
₪883K
TENURE
12.3 yrs

Tali Zori

TITLE
Vice President of Human Resources
TENURE
8.3 yrs

Hen Morad

TITLE
Secretary
Board of Directors Tenure

Average tenure of the N.R. Spuntech Industries board of directors in years:

9.7
Average Tenure
  • The tenure for the N.R. Spuntech Industries board of directors is about average.
Board of Directors

Hezi Nissan

TITLE
Chairman & CEO
COMPENSATION
₪2M
TENURE
24.3 yrs

Avi Harel

TITLE
Director
TENURE
16.3 yrs

Jonathan Irroni

TITLE
Director
AGE
69
TENURE
11.3 yrs

Yael Git

TITLE
Director
TENURE
8.1 yrs

Amit Berger

TITLE
External Director
AGE
55
TENURE
7.3 yrs

Gad Appelbaum

TITLE
External Director
TENURE
1.3 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 N.R. Spuntech Industries'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. N.R. Spuntech Industries 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.

SPNTC News

Simply Wall St News

SPNTC Company Info

Description

N.R. Spuntech Industries Ltd. develops, manufactures, and supplies spunlace hydroentangled fabrics. The company offers dry, disinfecting, hard surface scrubbing, window, bathroom, automobile, and glass wipes for use in household applications; medical swabs and gauzes, bleach wipes, bandages and tapes, germicidal wipes, and medicated wipes for medical applications; pads, face masks, make-up removal wipes, exfoliating fabrics for gentle peeling, soap impregnated facial wipes, face care wipes, and feminine hygiene wipes for cosmetic and feminine care applications; baby wipes; commercial multipurpose wipes for use in industrial facilities and restaurants; and HVAC filters and hard surface scrubbing wipes for industrial applications. N.R. Spuntech Industries Ltd. markets its products in approximately 26 countries worldwide. The company was founded in 1996 and is based in Tiberias, Israel.

Details
Name: N.R. Spuntech Industries Ltd.
SPNTC
Exchange: TASE
Founded: 1996
₪470,660,278
66,262,182
Website: http://www.spuntech.com
Address: N.R. Spuntech Industries Ltd.
PO BOX 3328,
Tiberias,
14133,
Israel
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TASE SPNTC Ordinary Shares The Tel-Aviv Stock Exchange IL ILS 09. Sep 2004
Number of employees
Current staff
Staff numbers
0
N.R. Spuntech Industries employees.
Industry
Personal Products
Household
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 19:33
End of day share price update: 2020/04/06 00:00
Last earnings filing: 2020/03/16
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.