Kardan Israel Ltd

Kardan Israel Ltd

TTASE:KRDI
579.40
ILA
-12.10
(-2.05%)
44.86EPS
15.32P/E
95.92BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.39
3.12
3.09
2.53
3.22
4.43
4.21
4.12
3.91
3.58
3.79
Basic EPS, GAAP
0.59
0.32
0.14
0.11
0.12
0.39
0.7
0.25
0.2
0.66
0.42
Free Cash Flow per Basic Share
0.3
1.16
-0.38
-0.24
-0.47
0.6
-1.26
-0.77
0.23
-1.3
-1.27
Dividend per Share
- -
- -
- -
0.64
- -
0.03
0.03
0.03
- -
- -
- -
Book Value per Share
- -
2.58
2.75
2.2
2.33
2.69
3.37
3.58
3.75
4.38
4.36
Tangible Book Value per Share
- -
2.57
2.73
2.18
2.32
2.67
3.36
3.57
3.74
4.36
4.35
Basic Weighted Avg Shares
147
147
147
147
147
147
147
147
147
147
153
Sales/Revenue/Turnover
647
459
455
373
474
653
621
607
572
525
579
Operating Margin (%)
5.4
10.39
9.61
7.98
13.46
14.67
15.52
18.04
13.01
4.72
2.61
Depreciation Expense
5
3
3
5
5
5
7
8
9
10
8
Net Income, GAAP
87
47
21
16
18
57
103
36
29
97
64
Effective Tax Rate (%)
31.55
16.33
25.87
- -
25.46
14.18
19.04
19.85
22.89
0.44
- -
Profit Margin (%)
13.43
10.22
4.63
4.18
3.86
8.81
16.56
6.01
5
18.43
11.14
Working Capital
- -
294
353
284
343
509
152
189
79
264
196
LT Debt
- -
168
154
182
223
433
661
678
645
800
880
Total Equity
- -
605
612
534
563
642
781
830
863
957
942
Return on Invested Capital (%)
- -
- -
4.21
- -
5.59
9.1
11.21
5.41
3.39
2.42
- -
Return on Capital (%)
- -
- -
1.55
- -
1.65
3.6
5.01
2.1
2.07
6.01
- -
Return on Common Equity (%)
- -
- -
5.36
4.27
5.48
15.55
23.02
7.12
5.29
16.1
10.49

Capital Structure

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
719
657
683
LT Borrowings
793
904
873
LT Finance Leases
7
7
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
148
148
148
Market Capitalization
692
773
959

Working Capital

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,735
1,705
1,661
Cash, Cash Equivalents & STI
242
260
160
Accounts Receivable, Net
102
177
213
Inventories
1,138
1,140
1,141
Total Current Liabilities
1,472
1,400
1,466
Payables & Accruals
- -
- -
- -
ST Debt
719
657
683
Deferred Revenue
- -
- -
- -

Growth Rates

ILS

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
11.36%
10.97%
Free Cash Flow
- -
-276.09%
-674.41%
Net Income, GAAP
- -
89.07%
238.52%
Sales/Revenue/Turnover
- -
3.32%
-8.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
126
143
167
136
572
2025
127
121
120
158
525
2026
131
170
- -
- -
- -

Quarterly Earnings Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.05
0.09
0.2
2025
0.01
0.19
0.1
0.35
0.66
2026
-0.05
0.04
- -
- -
- -

Quarterly Dividends Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
0.01
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Alon Shlomo Wulkan
Full Time Employees
128
Sector
Consumer durables
Industry
Homebuilding
Address
Kardan Tower Tel Aviv TA Israel 6492107
IPO Date
Jul 11, 2018
Business
Kardan Israel Ltd. engages in real estate development, construction, and related services primarily in Israel and the United States through its subsidiaries, including Kardan Real Estate (Kardan Nadlan). The company locates, initiates, develops, and sells residential buildings; executes urban renewal projects involving demolition and rebuilding of properties; develops, sells, and rents office buildings, commercial areas, and yielding assets such as parking lots; constructs residential, commercial, public, and logistics buildings via its subsidiary El-Har Construction; and develops logistics real estate complexes including server farms, cold storage, commerce, and office facilities. It operates three main segments: Real Estate, Rental and Leasing of Vehicles, and Sale of Vehicles, with additional investments in communication and technology sectors; in the vehicles segment, it indirectly holds 41% of UMI, the importer of General Motors brands such as Chevrolet, Buick, Cadillac, and Isuzu light trucks. Founded in 1982 and headquartered at 154 Derech Menachem Begin in Tel Aviv, Israel, Kardan Israel targets residential end-users, commercial tenants, and logistics operators across the country, with projects like urban renewal in Jerusalem and new developments in West Netanya. Recent developments include final approval for a 345-unit residential project with commercial space in West Netanya; sale of its stake in Mekdan Management and Maintenance to a private investor in 2025, establishing a strategic partnership; Q3 2025 earnings showing revenue of ILS 120.6 million, EPS of ILS 0.19, and net profit margin rising to 9.1% from 3.1% year-over-year, driven by residential and logistics growth; and ongoing advancements in mixed-use and urban renewal initiatives amid a focus on operational resilience.