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Kerur Holdings

OTCPK:ICDS.F
Snowflake Description

Flawless balance sheet and good value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ICDS.F
OTCPK
₪1B
Market Cap
  1. Home
  2. US
  3. Food, Beverage & Tobacco
Company description

Kerur Holdings Ltd. operates in the food sector in Israel. The last earnings update was 46 days ago. More info.


Add to Portfolio Compare Print
ICDS.F Share Price and Events
7 Day Returns
0%
OTCPK:ICDS.F
-0.2%
US Beverage
1.3%
US Market
1 Year Returns
-
OTCPK:ICDS.F
17.3%
US Beverage
5.9%
US Market
ICDS.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kerur Holdings (ICDS.F) 0% 0% 0% - - -
US Beverage -0.2% -1.2% 1.1% 17.3% 22.9% 35.7%
US Market 1.3% -1.9% -1.8% 5.9% 36.2% 47.9%
1 Year Return vs Industry and Market
  • No trading data on ICDS.F.
  • No trading data on ICDS.F.
Price Volatility
ICDS.F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Kerur Holdings's competitors could be found in our database.

Value

 Is Kerur Holdings 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 Kerur Holdings 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 Kerur Holdings.

OTCPK:ICDS.F 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 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

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 OTCPK:ICDS.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Beverage Unlevered Beta Simply Wall St/ S&P Global 0.51
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.508 (1 + (1- 23%) (6.29%))
0.687
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for OTCPK:ICDS.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Kerur Holdings 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.

OTCPK:ICDS.F DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (ILS, Millions) Source Present Value
Discounted (@ 7.5%)
2020 87.82 Est @ 0.11% 81.70
2021 88.61 Est @ 0.89% 76.68
2022 89.89 Est @ 1.44% 72.36
2023 91.53 Est @ 1.83% 68.55
2024 93.46 Est @ 2.1% 65.10
2025 95.59 Est @ 2.29% 61.95
2026 97.91 Est @ 2.42% 59.02
2027 100.37 Est @ 2.51% 56.29
2028 102.96 Est @ 2.58% 53.71
2029 105.66 Est @ 2.62% 51.28
Present value of next 10 years cash flows ₪646.00
OTCPK:ICDS.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₪105.66 × (1 + 2.73%) ÷ (7.5% – 2.73%)
₪2,276.52
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₪2,276.52 ÷ (1 + 7.5%)10
₪1,104.76
OTCPK:ICDS.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₪646.00 + ₪1,104.76
₪1,750.76
Equity Value per Share
(ILS)
= Total value / Shares Outstanding
= ₪1,750.76 / 12.58
₪139.19
OTCPK:ICDS.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:ICDS.F represents 0.28626x of TASE:KRUR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.28626x
Value per Share
(Listing Adjusted, USD)
= Value per Share (ILS) x Listing Adjustment Factor
= ₪ 139.19 x 0.28626
$39.84
Value per share (USD) From above. $39.84
Current discount Discount to share price of $27.20
= -1 x ($27.20 - $39.84) / $39.84
31.7%

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

Current Discount
Amount off the current price Kerur Holdings is available for.
Intrinsic value
32%
Share price is $27.2 vs Future cash flow value of $39.84
Current Discount Checks
For Kerur Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Kerur Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Kerur Holdings's share price is below the future cash flow value, but not 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 Kerur Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kerur Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:ICDS.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in ILS ₪5.89
TASE:KRUR Share Price ** TASE (2019-07-18) in ILS ₪95.02
United States of America Beverage Industry PE Ratio Median Figure of 17 Publicly-Listed Beverage Companies 31.19x
United States of America Market PE Ratio Median Figure of 3,105 Publicly-Listed Companies 17.53x

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

** Primary Listing of Kerur Holdings.

OTCPK:ICDS.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 95.02 ÷ 5.89

16.14x

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

  • Kerur Holdings is good value based on earnings compared to the US Beverage industry average.
  • Kerur Holdings is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Kerur Holdings's expected growth come at a high price?
Raw Data
OTCPK:ICDS.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
20.9%per year
United States of America Beverage Industry PEG Ratio Median Figure of 12 Publicly-Listed Beverage Companies 2.02x
United States of America Market PEG Ratio Median Figure of 2,128 Publicly-Listed Companies 1.46x

*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 Kerur Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Kerur Holdings's assets?
Raw Data
OTCPK:ICDS.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in ILS ₪46.10
TASE:KRUR Share Price * TASE (2019-07-18) in ILS ₪95.02
United States of America Beverage Industry PB Ratio Median Figure of 29 Publicly-Listed Beverage Companies 5.07x
United States of America Market PB Ratio Median Figure of 5,318 Publicly-Listed Companies 1.72x
OTCPK:ICDS.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 95.02 ÷ 46.10

2.06x

* Primary Listing of Kerur Holdings.

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

  • Kerur Holdings is good value based on assets compared to the US Beverage industry average.
X
Value checks
We assess Kerur Holdings'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 Beverage 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 Beverage industry average (and greater than 0)? (1 check)
  5. Kerur Holdings 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.

Future Performance

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

  • No analysts cover Kerur Holdings, future earnings growth has been estimated based on fundamentals.
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
20.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Kerur Holdings expected to grow at an attractive rate?
  • Kerur Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Kerur Holdings's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Kerur Holdings's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:ICDS.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:ICDS.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 20.9%
United States of America Beverage Industry Earnings Growth Rate Market Cap Weighted Average 12.1%
United States of America Beverage Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.4%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
OTCPK:ICDS.F 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.
OTCPK:ICDS.F Past Financials Data
Date (Data in ILS Millions) Revenue Cash Flow Net Income *
2019-06-30 918 135 74
2019-03-31 930 150 60
2018-12-31 960 184 73
2018-09-30 956 179 79
2018-06-30 963 193 85
2018-03-31 964 182 95
2017-12-31 950 137 90
2017-09-30 937 161 89
2017-06-30 945 139 90
2017-03-31 947 130 88
2016-12-31 947 148 92
2016-09-30 958 150 108

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Kerur Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Kerur Holdings 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
OTCPK:ICDS.F 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 Kerur Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ICDS.F Past Financials Data
Date (Data in ILS Millions) EPS *
2019-06-30 5.89
2019-03-31 4.80
2018-12-31 5.79
2018-09-30 6.27
2018-06-30 6.77
2018-03-31 7.57
2017-12-31 7.16
2017-09-30 7.08
2017-06-30 7.18
2017-03-31 6.98
2016-12-31 7.33
2016-09-30 8.59

*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 Kerur Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Kerur Holdings'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Kerur Holdings has a total score of 3/6, 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.

Past Performance

  How has Kerur Holdings 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 Kerur Holdings's growth in the last year to its industry (Beverage).
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.
  • Kerur Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Kerur Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Kerur Holdings's 1-year earnings growth is negative, it can't be compared to the US Beverage industry average.
Earnings and Revenue History
Kerur Holdings'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 Kerur Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:ICDS.F Past Revenue, Cash Flow and Net Income Data
Date (Data in ILS Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 918.15 74.12 291.45
2019-03-31 929.71 60.33 295.84
2018-12-31 959.72 72.81 298.27
2018-09-30 956.37 78.84 295.05
2018-06-30 963.34 85.11 293.87
2018-03-31 964.46 95.12 283.34
2017-12-31 950.47 90.00 283.77
2017-09-30 937.35 89.11 277.34
2017-06-30 944.78 90.30 280.92
2017-03-31 947.41 87.85 289.20
2016-12-31 947.09 92.22 286.93
2016-09-30 958.15 108.08 287.16
2016-06-30 948.06 98.93 289.23
2016-03-31 921.78 92.51 281.33
2015-12-31 913.04 86.95 276.62
2015-09-30 901.20 65.64 277.76
2015-06-30 886.33 61.04 273.30
2015-03-31 903.40 60.43 280.64
2014-12-31 914.74 60.98 285.84
2014-09-30 920.40 62.64 288.40
2014-06-30 952.35 62.24 297.10
2014-03-31 957.01 65.54 291.78
2013-12-31 961.85 65.28 289.14
2013-09-30 972.77 63.47 290.26
2013-06-30 968.67 58.19 288.33
2013-03-31 954.38 49.82 284.23
2012-12-31 933.31 60.42 279.10

*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.
  • Kerur Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Kerur Holdings used its assets less efficiently than the US Beverage industry average last year based on Return on Assets.
  • Kerur Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Kerur Holdings'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 Beverage 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.
Kerur Holdings has a total score of 1/6, 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.

Health

 How is Kerur Holdings'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 Kerur Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kerur Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kerur Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Kerur Holdings'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.
  • Kerur Holdings has no debt, it does not need to be covered by short term assets.
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 Kerur Holdings Company Filings, last reported 3 months ago.

OTCPK:ICDS.F Past Debt and Equity Data
Date (Data in ILS Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 808.92 0.00 468.67
2019-03-31 768.88 0.00 497.31
2018-12-31 808.63 0.08 486.44
2018-09-30 791.29 0.00 480.73
2018-06-30 750.47 7.50 443.48
2018-03-31 733.94 25.00 432.21
2017-12-31 710.84 25.32 381.92
2017-09-30 686.45 25.00 384.60
2017-06-30 662.29 0.00 318.49
2017-03-31 623.38 0.00 337.83
2016-12-31 672.42 0.19 344.81
2016-09-30 648.66 0.00 324.86
2016-06-30 637.65 0.00 319.93
2016-03-31 602.72 0.00 299.05
2015-12-31 580.57 0.56 278.58
2015-09-30 576.27 0.00 260.29
2015-06-30 538.40 0.00 205.93
2015-03-31 512.33 0.00 183.44
2014-12-31 616.63 0.12 334.62
2014-09-30 619.84 0.00 288.54
2014-06-30 582.78 0.00 253.80
2014-03-31 555.02 0.00 246.62
2013-12-31 537.80 0.27 280.54
2013-09-30 555.97 0.00 233.08
2013-06-30 519.89 0.00 196.60
2013-03-31 486.53 0.00 157.54
2012-12-31 536.11 4.08 243.89
  • Kerur Holdings has no debt.
  • Kerur Holdings currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Kerur Holdings has no debt, it does not need to be covered by operating cash flow.
  • Kerur Holdings has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Kerur Holdings'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. Kerur Holdings has a total score of 6/6, 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.

Dividends

 What is Kerur Holdings'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 Kerur Holdings dividends.
If you bought $2,000 of Kerur Holdings 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 Kerur Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Kerur Holdings'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
OTCPK:ICDS.F 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
United States of America Beverage Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2015 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Kerur Holdings has not reported any payouts.
  • Unable to verify if Kerur Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Kerur Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Kerur Holdings 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 Kerur Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Kerur Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Kerur Holdings 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.

Management

 What is the CEO of Kerur Holdings'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
Ori Meiri
COMPENSATION ₪1,944,000
TENURE AS CEO 30.5 years
CEO Bio

Mr. Ori Meiri has been the Chief Executive Officer of Kerur Holdings Ltd. since April, 1989.

CEO Compensation
  • Ori's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ori's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Ori Meiri

TITLE
Chief Executive Officer
COMPENSATION
₪2M
TENURE
30.5 yrs

Ronnie Gat

TITLE
Chairman & CEO of Jafora - Tabori Ltd
COMPENSATION
₪4M

Dov Gevah

TITLE
Chief Financial Officer of Jafora - Tabori
COMPENSATION
₪2M

Ytzhak Yechezkel

TITLE
Vice President of Operation and Logistics - Jafora - Tabori
COMPENSATION
₪1M
Board of Directors Tenure

Average tenure and age of the Kerur Holdings board of directors in years:

12.3
Average Tenure
59
Average Age
  • The average tenure for the Kerur Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Shlomo Rodav

TITLE
Chairman
COMPENSATION
₪1M
AGE
70
TENURE
5.4 yrs

Ronnie Gat

TITLE
Chairman & CEO of Jafora - Tabori Ltd
COMPENSATION
₪4M

Shoshana Wainshel

TITLE
Director
TENURE
12.3 yrs

Doron Steiger

TITLE
Director
COMPENSATION
₪1M
AGE
61
TENURE
16.8 yrs

Gabi Heller

TITLE
External Director
AGE
54
TENURE
12.3 yrs

David Samuel

TITLE
Director
TENURE
8.6 yrs

Roni Harel

TITLE
Director
AGE
57
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 Kerur Holdings'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. Kerur Holdings 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.

News

Simply Wall St News

Company Info

Description

Kerur Holdings Ltd. operates in the food sector in Israel. It manufactures and markets soft drinks and mineral water; and frozen potato and onion chips, as well as vegetable products. The company was formerly known as The Israeli Company Cooling & Supply Co. Ltd. and changed its name to Kerur Holdings Ltd. in 2006. The company was founded in 1929 and is based in Tel Aviv, Israel. Kerur Holdings Ltd. is a subsidiary of Israel Lighterage & Supply Co. Ltd.

Details
Name: Kerur Holdings Ltd.
ICDS.F
Exchange: OTCPK
Founded: 1929
₪339,631,020
12,578,000
Website: http://www.kerur-holdings.co.il
Address: Kerur Holdings Ltd.
20 Lincoln Street,
Tel Aviv,
67134,
Israel
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TASE KRUR Ordinary Shares The Tel-Aviv Stock Exchange IL ILS 17. Nov 1995
OTCPK ICDS.F Ordinary Shares Pink Sheets LLC US USD 17. Nov 1995
Number of employees
Current staff
Staff numbers
0
Kerur Holdings employees.
Industry
Soft Drinks
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/16 00:43
End of day share price update: 2019/07/18 00:00
Last earnings filing: 2019/08/31
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.