1. Israel Stocks

  2. •

    Consumer Cyclical

  3. •

    Residential Construction
Kardan Real Estate Enterprise & Development Ltd.

Kardan Real Estate Enterprise & Development Ltd.

KARE.TA
Kardan Real Estate Enterprise & Development Ltd.IL flagTel Aviv Stock Exchange
583.20
ILA
-4.30
- -
1.09BMarket Cap
Kardan Real Estate Enterprise & Development Ltd.
KARE.TA
(Tel Aviv Stock Exchange)

Recent

price

583.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.19
4.28
2.74
3.45
2.47
2.49
2.04
2.6
3.57
3.38
3.27
2.9
2.59
2.25
Revenue per Share
0.24
0.08
0.22
0.2
0.47
0.2
0.12
0.19
0.45
0.65
0.38
0.27
0.13
0.06
Basic EPS, GAAP
0.23
1.01
0.29
0.28
1
-0.26
-0.16
-0.34
0.5
-0.8
-0.44
0.37
-0.72
-1.06
Free Cash Flow per Basic Share
- -
0.32
- -
0.1
0.1
0.21
0.08
0.05
0.11
0.19
0.19
0.16
0.18
0.16
Dividend per Share
- -
0.39
0.61
0.71
1.16
1.13
1.16
1.3
1.63
2.11
2.29
2.4
2.33
1.85
Book Value per Share
- -
2.12
2.37
2.51
2.82
2.78
2.82
2.96
3.3
3.79
3.97
4.08
4.01
3.3
Tangible Book Value per Share
183
183
183
183
183
183
183
183
183
184
185
186
187
217
Basic Weighted Avg Shares
765
783
502
631
451
455
373
475
653
620
604
537
485
489
Sales/Revenue/Turnover
7.34
7.28
7.52
9.39
13.48
11.08
9.49
14.25
15.65
16.06
18.56
13.42
5.4
3.68
Operating Margin (%)
5
11
4
- -
2
2
4
4
5
7
8
8
9
10
Depreciation Expense
44
14
40
37
86
37
22
34
82
120
70
50
24
13
Net Income, GAAP
- -
58.16
- -
27.92
15.77
25.86
- -
24.34
15.46
22.88
20.53
25.62
9.54
9.37
Effective Tax Rate (%)
5.78
1.83
7.98
5.92
19.09
8.14
6.03
7.14
12.49
19.34
11.66
9.23
5.01
2.75
Profit Margin (%)
- -
244
199
111
302
265
278
325
483
266
375
250
563
503
Working Capital
- -
182
167
93
120
154
182
223
343
475
511
512
717
738
LT Debt
- -
390
435
460
518
511
517
543
605
698
736
758
751
718
Total Equity
- -
7.09
- -
6.29
7.55
5.14
- -
6.09
8.9
6.63
6.55
3.71
1.48
3.14
Return on Invested Capital (%)
- -
7.37
- -
8.63
22.92
10.47
- -
8.59
14.6
15.49
8.53
6.22
4.06
-1.12
Return on Capital (%)
- -
39.8
43.44
30.83
50.31
17.72
10.76
15.1
30.44
35
17.39
11.44
5.51
3.28
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
111
241
254
LT Borrowings
683
710
732
LT Finance Leases
2
7
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
187
187
187
Market Capitalization
132,700
128,242
119,687

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
792
1,522
1,490
Cash, Cash Equivalents & STI
216
240
237
Accounts Receivable, Net
77
116
143
Inventories
380
999
999
Total Current Liabilities
538
960
987
Payables & Accruals
- -
- -
- -
ST Debt
111
241
254
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.75%
6.88%
-0.93%
Free Cash Flow
-83.02%
-206.26%
-294.04%
Net Income, GAAP
14.4%
13.13%
-51.09%
Sales/Revenue/Turnover
1.65%
1.82%
-9.78%
Total Cash Common Dividend
- -
40.37%
13.33%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
125
135
144
133
537
2025
120
118
117
130
485
2026
125
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.04
0.06
- -
0.27
2025
0.04
0.01
- -
- -
0.13
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.16
- -
- -
0.16
2025
- -
0.12
- -
- -
0.18
2026
- -
- -
- -
- -
- -
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Business
Kardan Real Estate Enterprise and Development Ltd operates primarily in the real estate sector, focusing on the planning, construction, development, sale, and rental of residential, commercial, office, and hotel properties, as well as urban renewal projects in Israel. The company develops and manages residential building projects, income-producing properties, office buildings, commercial areas, and parking facilities. It also provides contracting services through its subsidiary, El-Har Engineering & Construction Ltd, in which Kardan recently acquired the remaining 33.3% stake, further consolidating its construction operations. Founded in 1988 and headquartered in Tel Aviv, Israel, Kardan targets the Israeli market for real estate development and asset management while also sustaining activities related to property management and maintenance. Recently, Kardan Real Estate has focused on expanding its operational scope by enhancing its construction capabilities through the full acquisition of El-Har Engineering & Construction Ltd. This move aims to strengthen its execution capacity and project delivery in the real estate development sector. Additionally, the company continues to actively develop and market thousands of residential units across Israel. It is also engaged in strategic land acquisitions, including recent acquisitions of land rights in Holon, Israel, as part of its ongoing business expansion. These efforts underscore Kardan’s strategic shift toward increasing its construction and development footprint within the domestic real estate market while optimizing asset management for income-generating properties. Kardan operates mainly in Israel, with a diverse portfolio encompassing residential, office, hotel, and commercial real estate segments, supported by its contracting and property management subsidiaries. The company serves a broad customer base including residential buyers, commercial tenants, and investors focusing on income-producing real estate assets. It continues to emphasize urban renewal and mixed-use developments as part of its growth strategy. Kardan’s comprehensive approach combines real estate development, construction, sales, rental, and ongoing asset management to maintain its leadership position in the Israeli real estate market. This profile reflects Kardan’s current operations, its detailed product and service offerings, and recent strategic developments aimed at vertical integration in construction and broadening its real estate portfolio in Israel. The company’s long-standing establishment since 1988 and its headquarters in Tel Aviv highlight its strong local market presence. This description is based on the latest available company information including recent acquisitions, project developments, and market activities as of late 2025.