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Kardan N.V.

Kardan N.V.

KRNV-M.TA
Kardan N.V.IL flagTel Aviv Stock Exchange
1.00
ILA
- -
- -
245,799.00Market Cap
Kardan N.V.
KRNV-M.TA
(Tel Aviv Stock Exchange)

Recent

price

1.00

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
168.57
55.25
73.25
83.18
87.73
2.44
4.51
5.87
32.12
88.36
46.78
11.14
0.86
0.49
0.48
0.43
0.43
Revenue per Share
-12.07
-67.02
-14.88
-45.82
2.3
-9.31
-12.73
-6.95
-14.95
-37.25
-29.95
-61.04
21.68
-1.67
2.68
-3.43
-4.53
Basic EPS, GAAP
-88.53
-20.55
-41.67
-41.53
-7.45
-11.95
-24.27
-20.78
0.29
-17.96
-1.71
-1.47
-0.83
-0.05
-0.09
0.08
0.13
Free Cash Flow per Basic Share
- -
8.53
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.79
-38.15
-56.5
-91.46
-83.02
-83.15
-95.16
-100.84
-115.4
-149.43
-176.18
-235.13
-18.67
-13.05
-10.3
-13.72
-15.2
Book Value per Share
394.81
292.22
304.26
22.26
36.17
28.28
14.24
-0.34
-21.85
-62.07
-103.88
-158.51
-4.66
-5.09
-2.22
-5.83
-7.24
Tangible Book Value per Share
2
2
2
2
2
2
2
2
2
2
2
2
15
25
25
25
25
Basic Weighted Avg Shares
377
123
162
184
194
6
11
14
79
217
115
27
13
12
12
11
11
Sales/Revenue/Turnover
10.08
-40.62
-15.5
-2.42
-1.81
-314.16
-97.61
-90.09
-7.61
-12.36
-27.67
14.06
9.02
20.89
20.19
28.16
32.04
Operating Margin (%)
66
11
9
7
5
5
4
- -
- -
9
8
1
1
- -
- -
- -
- -
Depreciation Expense
-27
-149
-33
-101
5
-23
-31
-17
-37
-92
-74
-150
323
-41
66
-84
-112
Net Income, GAAP
- -
- -
- -
- -
135.45
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.19
- -
- -
Effective Tax Rate (%)
-7.16
-121.3
-20.31
-55.09
2.62
-381.22
-282.05
-118.4
-46.54
-42.16
-64.02
-548.12
2,512.94
-339.55
557.45
-800.14
-1,059.22
Profit Margin (%)
349
388
174
23
-65
-8
-39
-4
-217
-410
-482
-607
-182
-265
-136
-208
-245
Working Capital
2,613
1,780
1,429
398
334
397
289
294
87
- -
- -
1
70
1
41
40
42
LT Debt
1,067
740
709
72
98
76
41
-1
-54
-153
-256
-390
-69
-125
-55
-143
-178
Total Equity
- -
- -
- -
- -
0.21
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.56
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
-0.64
- -
- -
- -
- -
- -
- -
- -
- -
- -
-106.05
- -
- -
Return on Capital (%)
-96.43
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
6
121
158
LT Borrowings
127
40
42
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
18
19
17

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
17
17
19
Cash, Cash Equivalents & STI
9
9
10
Accounts Receivable, Net
2
2
2
Inventories
3
3
3
Total Current Liabilities
110
225
264
Payables & Accruals
- -
- -
- -
ST Debt
6
121
158
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
666.89%
31.43%
162.79%
Free Cash Flow
-633.62%
4.18%
-190.1%
Net Income, GAAP
-57.63%
-162.45%
-228.09%
Sales/Revenue/Turnover
54.17%
-29.66%
-10.76%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3
3
3
3
12
2025
3
3
3
2
11
2026
3
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.14
-1.74
-1.33
- -
2.68
2025
-0.39
-0.9
-0.88
- -
-3.43
2026
-1.5
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Kardan N.V. (TASE: KRNV-M.TA) is a Netherlands-based investment holding company that develops and manages assets and projects primarily in emerging markets across real estate and water infrastructure sectors; it provides engineering design, supervision, and construction services in water resources, supply, irrigation, desalination, wastewater treatment, environmental engineering, solid waste management, and natural gas, alongside real estate development and investment properties including residential apartments, mixed-use projects, shopping centers, and offices. The company operates through subsidiaries such as Kardan Land China Ltd. (KLC) for Asian real estate activities in cities like Shenyang, Xianyang, Xi'an, and others, focusing on residential developments, mixed-use properties, and retail assets like Galleria Dalian; water infrastructure efforts are led by Tahal Group International B.V., delivering projects in Europe, Asia (including China), Africa, Latin America, and Central America, with investments in assets like desalination plants and municipal water systems. Geographically, Kardan maintains a presence in Central and Eastern Europe, China, Africa, and South America, targeting growing middle-class demand for housing, commercial spaces, and essential infrastructure; founded with roots in the mid-1990s and formally incorporated in 2003, it is headquartered in Amsterdam at Kingsfordweg 151. In recent developments, Kardan reported net profits of EUR 68.8 million for fiscal year 2024 and continued earnings announcements through Q3 2025, reflecting ongoing operations amid a debt settlement process with Series A and B debtholders who received 90% of shares in a prior restructuring; the company maintains its focus on real estate sales and development via KLC, including residential apartments and Galleria Dalian, while navigating water infrastructure challenges following Tahal Group's 2023 creditor protection filing in Israel, and delisted from Euronext Amsterdam in August 2020 to streamline trading on the Tel Aviv Stock Exchange. Kardan no longer pursues significant financial services or Israeli-centric operations after the 2011 spin-off of Kardan Israel Ltd. and related assets, concentrating instead on high-growth emerging market opportunities through a decentralized structure with local management teams.