BAIT VE GAG REAL ESTATE DEVELOPMENT LTD

BAIT VE GAG REAL ESTATE DEVELOPMENT LTD

TTASE:BVGG
505.30
ILA
+16.40
(+3.35%)
-28.15EPS
31.46BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.21
5.43
4.94
2.33
2.48
1.99
2.03
Basic EPS, GAAP
- -
- -
0.18
-0.13
-0.07
-0.25
-0.28
Free Cash Flow per Basic Share
-0.01
2.82
-0.09
-1.96
-2.38
-1.71
-1.61
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
4.61
4.59
4.58
4.37
4.2
Tangible Book Value per Share
- -
- -
4.61
4.59
4.58
4.37
4.2
Basic Weighted Avg Shares
55
55
55
55
55
55
54
Sales/Revenue/Turnover
121
299
272
128
136
110
110
Operating Margin (%)
0.65
12.34
6.41
-8.28
-3.67
-11.53
-12.02
Depreciation Expense
- -
- -
- -
- -
- -
1
2
Net Income, GAAP
- -
- -
10
-7
-4
-14
-15
Effective Tax Rate (%)
- -
- -
29.31
- -
- -
- -
- -
Profit Margin (%)
- -
- -
3.65
-5.67
-2.83
-12.52
-13.82
Working Capital
- -
140
208
154
172
285
282
LT Debt
- -
- -
- -
- -
- -
121
122
Total Equity
- -
158
255
254
253
241
232
Return on Invested Capital (%)
- -
- -
5.86
- -
- -
- -
- -
Return on Capital (%)
- -
- -
4.69
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
7.83
-2.87
-1.53
-5.57
-6.39

Capital Structure

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
124
128
138
LT Borrowings
103
103
103
LT Finance Leases
18
18
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
55
55
55
Market Capitalization
343
372
315

Working Capital

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
673
652
707
Cash, Cash Equivalents & STI
78
53
34
Accounts Receivable, Net
82
91
82
Inventories
432
442
525
Total Current Liabilities
389
364
426
Payables & Accruals
- -
- -
- -
ST Debt
124
128
138
Deferred Revenue
- -
- -
- -

Growth Rates

ILS

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-4.49%
Free Cash Flow
- -
-9,811.67%
-28.12%
Net Income, GAAP
- -
- -
255.91%
Sales/Revenue/Turnover
- -
14.14%
-19.61%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
33
34
48
26
136
2025
24
31
25
27
110
2026
35
23
- -
- -
- -

Quarterly Earnings Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
-0.03
0.04
-0.03
-0.07
2025
-0.07
-0.1
-0.08
-0.01
-0.25
2026
-0.09
-0.1
- -
- -
- -

Quarterly Dividends Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ronen Akavia
Full Time Employees
36
Sector
Consumer durables
Industry
Homebuilding
Address
BIG Glilot Complex Ramat Gan TA Israel 5885849
IPO Date
Mar 24, 2022
Business
Bait Vegag Real Estate Development Ltd engages in urban renewal projects, including construction evacuation, demolition and reconstruction under National Outline Plan 38 (Tama 38), and pinui-binui initiatives in Israel. The company specializes in identifying, initiating, and executing residential real estate developments that create advanced urban environments with high-quality, designed living spaces; it offers comprehensive services encompassing engineering, financing, legal support, regulatory processes, and customer relations for dozens of projects across various cities. Operations focus on residential building construction in Israel, targeting property owners in veteran urban neighborhoods, with headquarters in Ramat Gan and nationwide project execution; founded more than eight years ago, it went public and trades on the Tel Aviv Stock Exchange under ticker BVGG.TA. In April 2022, the company changed its name from BAIT VEGAG GL LTD to its current name to reflect its development focus. Recent ownership developments include Yaakov and Nili Shachar acquiring an additional minority stake from Poalim Equity Ltd; it maintains partnerships such as with Tidhar group for constructing 1,000 residential units in Yavne and has raised significant funds from national institutions like pension and provident funds to finance projects totaling approximately 1 billion ILS. The company employs 33 people and reported revenue of 141.44 million ILS for fiscal year 2024, with ongoing quarterly activities including Q3 2025 earnings.