1. Israel Stocks

  2. •

    Real Estate

  3. •

    Real Estate - Diversified
G City Ltd

G City Ltd

GZTGF
G City LtdUS flagOther OTC
3.50
USD
- -
- -
597.92MMarket Cap
G City Ltd
GZTGF
(Other OTC)

Recent

price

3.50

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
12.22
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
1.61
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
2.8
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
0.36
Dividend per Share
25.72
26.69
28.8
31.5
29.17
30.58
30.43
31.61
29.27
32.26
29.73
35.82
23.69
15.07
14.6
13.53
12.86
Book Value per Share
106.77
125.98
134.5
130.02
146.02
168.67
168.56
89.32
84.57
84.77
71.73
86.03
70.65
61.47
52.77
46.26
39.75
Tangible Book Value per Share
141
154
165
171
176
178
195
195
192
185
167
152
164
177
185
194
202
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
2,471
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
53.3
Operating Margin (%)
63
67
34
34
32
89
53
28
66
31
28
27
24
29
25
22
21
Depreciation Expense
831
708
901
927
73
620
787
493
-253
655
-653
646
-1,340
-1,203
52
70
325
Net Income, GAAP
18.76
14.78
23.9
10.82
36.29
- -
18.73
- -
- -
36.4
- -
39.91
- -
- -
44.19
42.31
30.53
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
13.15
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
-425
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
17,651
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
8,373
Total Equity
4.01
4.16
3.69
4.12
2.14
- -
1.71
- -
- -
2.41
- -
1.98
- -
- -
2.36
2.39
3.15
Return on Invested Capital (%)
3.24
2.2
1.64
2.48
-0.01
- -
-1.08
- -
- -
2.59
- -
2.15
- -
- -
2.17
1.21
2.41
Return on Capital (%)
25.29
18.27
20.31
18.29
1.39
11.69
13.8
8.14
-4.29
11.29
-11.94
12.43
-28.75
-36.67
1.94
2.63
12.93
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
124
2,610
- -
LT Borrowings
19,940
19,018
17,651
LT Finance Leases
- -
247
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
186
186
177
Market Capitalization
2,723
370
1,623

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,013
5,027
4,322
Cash, Cash Equivalents & STI
823
910
1,628
Accounts Receivable, Net
213
229
263
Inventories
254
236
221
Total Current Liabilities
2,961
3,252
4,747
Payables & Accruals
- -
- -
- -
ST Debt
124
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
- -
- -
- -
- -

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
- -
- -
- -
- -

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
- -
- -
- -
- -
- -
Similar Companies
Intershop Holding AG (0R6M.L)
ALM Equity AB (publ) (ALM-PREF.ST)
Branicks Group AG (DDCCF)
Huang Hsiang Construction Corporation (2545.TW)
New York REIT, Inc. (NYRT)
LET Group Holdings Limited (1383.HK)
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.