G CITY LTD.

G CITY LTD.

1,115.00
ILA
-22.00
(-1.93%)
201.26EPS
12.43P/E
190.31BMarket Cap
Nov 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
12.39
Basic EPS, GAAP
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
0.9
Free Cash Flow per Basic Share
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
1.81
Dividend per Share
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
Book Value per Share
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
Tangible Book Value per Share
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
Basic Weighted Avg Shares
171
176
178
195
195
192
185
167
152
164
177
185
194
192
Sales/Revenue/Turnover
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
Operating Margin (%)
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
Depreciation Expense
34
32
89
53
28
66
31
28
27
24
29
25
22
19
Net Income, GAAP
927
73
620
787
493
-253
655
-653
646
-1,340
-1,203
52
70
172
Effective Tax Rate (%)
10.82
36.29
- -
18.73
- -
- -
36.4
- -
39.91
- -
- -
44.19
42.31
35.41
Profit Margin (%)
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
Working Capital
-1,813
-2,077
-1,582
10,411
-617
-484
-224
253
2,468
-699
-2,580
1,290
1,775
1,408
LT Debt
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
Total Equity
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
Return on Invested Capital (%)
5.95
2.55
- -
1.88
- -
- -
2.14
- -
2.97
- -
- -
2.03
3.35
3.45
Return on Capital (%)
2.37
-0.01
- -
-1.04
- -
- -
2.41
- -
2.14
- -
- -
2.05
1.16
1.94
Return on Common Equity (%)
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

Capital Structure

ILS

•

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
1,489
2,058
1,903

Working Capital

ILS

•

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

ILS

•

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

ILS

•

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

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.42
1.77
-0.72
-0.35
0.28
2025
-1.24
1.19
-0.06
0.49
0.36
2026
0.04
0.48
- -
- -
- -

Quarterly Dividends Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.1
0.09
0.19
2025
- -
0.25
0.13
- -
0.38
2026
- -
0.36
- -
- -
- -

Company Description

CEO
Chaim K. Katzman
Full Time Employees
156
Sector
Finance
Industry
Real estate development
Address
Aharon Becker 8 Tel Aviv TA Israel 6964316
IPO Date
Jan 1, 1983
Business
G City Ltd (GCT.TA) is an Israel-based real estate company that, through its subsidiaries, owns, develops, manages and operates supermarket-anchored urban shopping centers and retail-based mixed-use properties incorporating commercial, residential and office spaces; its core offerings include retail centers providing omnichannel shopping experiences with leisure and essential services, prime urban office spaces with excellent transportation connectivity, and integrated community hubs in densely populated areas. The company conducts operations across Israel, North America, Brazil, Northern Europe, Central Europe and Eastern Europe, targeting urban markets with a focus on sustainability, smart building technologies and experiential retail enhancements. Founded in 1982 and headquartered at Aharon Becker 8 in Tel Aviv, Israel, G City Ltd is a subsidiary of Norstar Holdings Inc. and was formerly known as Gazit-Globe Ltd., changing its name in May 2022; key subsidiaries encompass Gazit Israel, Gazit Brasil, Gazit Horizons, Gazit Europe and interests in entities such as Citycon and ATR. Recent developments include a November 2024 agreement with Menorah Mivtachim under which Menorah became a 50% partner in four Israeli properties for NIS 0.5 billion, a December 2024 letter of intent signed by G City Europe for the sale of the Flora shopping centre, and in November 2025, a major share purchase increasing its stake in Citycon Oyj to approximately 37.68% and triggering a mandatory public tender offer for the remaining shares following ownership exceeding 50% via its subsidiary Gazit Europe Netherlands BV.