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    Real Estate - Diversified
G City Ltd

G City Ltd

GZTGF
G City LtdUS flagOther OTC
1.79
USD
- -
- -
305.79MMarket Cap
G City Ltd
GZTGF
(Other OTC)

Recent

price

1.79

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
29.38
37.03
42.5
39.85
21.11
15.74
14.53
14.52
14.76
14.86
14.41
15.14
14.01
13.77
13.7
12.83
12.27
Revenue per Share
5.89
4.58
5.46
5.42
0.41
3.47
4.03
2.53
-1.32
3.54
-3.91
4.26
-8.15
-6.79
0.28
0.36
0.89
Basic EPS, GAAP
4.65
6.93
8
6.66
5.68
8.4
9.63
3.83
2.37
4.58
2.29
2.91
3.8
3.51
3.72
3.24
1.8
Free Cash Flow per Basic Share
1.45
1.93
1.6
1.74
1.8
1.84
1.51
1.05
1.49
1.61
1.75
1.2
1.24
0.3
0.19
0.38
0.44
Dividend per Share
- -
44.35
46.48
44.36
44.97
38.43
41.72
51.35
48.48
44.41
36.75
34.97
30.11
25.98
20.98
21.06
24.12
Book Value per Share
- -
43.33
45.77
43.75
44.4
33.82
37.55
47.75
44.9
41.03
32.77
31.6
27.51
23.58
19.27
19.26
22.3
Tangible Book Value per Share
141
154
165
171
176
178
195
195
192
185
167
152
164
177
185
194
194
Basic Weighted Avg Shares
4,147
5,719
7,009
6,818
3,725
2,808
2,841
2,831
2,840
2,752
2,406
2,296
2,303
2,438
2,533
2,484
2,377
Sales/Revenue/Turnover
53.94
43.28
41.53
41.52
55.57
53.13
54.03
55.81
57.08
58.68
53.78
54.01
52.54
54.18
56.85
53.74
53.51
Operating Margin (%)
63
67
34
34
32
89
53
28
66
31
28
27
24
29
25
22
19
Depreciation Expense
831
708
901
927
73
620
787
493
-253
655
-653
646
-1,340
-1,203
52
70
172
Net Income, GAAP
18.76
14.78
23.9
10.82
36.29
- -
18.73
- -
- -
36.4
- -
39.91
- -
- -
44.19
42.31
35.41
Effective Tax Rate (%)
20.04
12.38
12.85
13.6
1.96
22.08
27.7
17.41
-8.91
23.8
-27.14
28.14
-58.18
-49.34
2.05
2.82
7.24
Profit Margin (%)
-2,534
-1,544
142
-1,813
-2,077
-1,582
10,411
-617
-484
-224
253
2,468
-699
-2,580
1,290
1,775
1,408
Working Capital
29,151
35,473
39,220
36,144
34,338
42,110
35,983
24,841
25,781
20,633
22,769
22,212
21,110
19,017
21,364
19,265
17,547
LT Debt
15,191
19,628
22,297
22,353
25,870
30,995
33,768
18,117
16,957
16,326
12,579
13,555
12,045
11,330
10,098
9,291
7,774
Total Equity
4.01
4.16
3.69
4.12
2.14
- -
1.71
- -
- -
2.41
- -
1.98
- -
- -
2.36
2.39
2.91
Return on Invested Capital (%)
3.07
2.08
1.56
2.37
-0.01
- -
-1.04
- -
- -
2.41
- -
2.14
- -
- -
2.05
1.16
1.94
Return on Capital (%)
14.87
10.65
12.02
11.97
0.92
7.98
10.04
5.45
-2.63
7.49
-9.5
11.89
-25.96
-24.42
1.15
1.73
4.18
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,610
- -
- -
LT Borrowings
19,018
17,651
17,547
LT Finance Leases
247
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
186
177
171
Market Capitalization
356
1,418
523

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,027
4,322
4,616
Cash, Cash Equivalents & STI
910
1,628
995
Accounts Receivable, Net
229
263
276
Inventories
236
221
221
Total Current Liabilities
3,252
4,747
3,208
Payables & Accruals
- -
- -
- -
ST Debt
2,610
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-9.86%
-5.64%
-7.99%
Free Cash Flow
1.63%
11.69%
-8.87%
Net Income, GAAP
-130.66%
-117.26%
34.62%
Sales/Revenue/Turnover
-1.1%
0.71%
-1.93%
Total Cash Common Dividend
-2.72%
-5.82%
102.78%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
621
632
643
637
2,533
2025
569
589
704
622
2,484
2026
556
495
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.42
1.77
-0.72
- -
0.28
2025
-1.24
1.19
-0.06
- -
0.36
2026
0.04
0.48
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.1
- -
0.19
2025
- -
0.25
0.13
- -
0.38
2026
- -
0.36
- -
- -
- -
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Business
G City Ltd (TASE: GCT; OTC: GZTGF) owns, develops, operates, and manages supermarket-anchored shopping centers and retail-based mixed-use properties including office and residential spaces in urban markets across Israel, Central Europe, Northern Europe, North America, and Brazil. The company, founded in 1982 and headquartered in Tel Aviv, Israel, manages approximately 88 properties with 1.8 million square meters of leasable area valued at NIS 34 billion as of March 2025; its portfolio allocation comprises 85% retail, 11% offices, and 4% residential, with geographic distribution of 38% Central Europe, 23% Israel, 13% Northern Europe, 16% USA and Canada, and 10% Brazil. Subsidiaries include G City Europe, Citycon in Northern Europe, Gazit Brasil, and Gazit Israel; G City Ltd is a subsidiary of Norstar Holdings Inc. and formerly known as Gazit-Globe Ltd, with a name change in May 2022. Recent developments include a December 2024 partnership with Menorah Mivtachim for a 50% stake in four Israeli properties valued at NIS 0.5 billion; a mandatory tender offer for Citycon shares following acquisition of over 50% voting rights in November 2025; sales of non-core assets such as Arkady Pankrac in Prague for NIS 1.04 billion in January 2024, Flora in Prague for NIS 884 million in December 2024, and Krakow residential for NIS 80 million in November 2024; bond issuances raising NIS 645 million in Series 20 in July 2024 and NIS 410 million in February 2024; completion of Brazil IPO in January 2024; and investments including consolidation of Kista Galleria in Stockholm.