Mivne Real Estate (K.D) Ltd.

Mivne Real Estate (K.D) Ltd.

TTASE:MVNE
1,350.00
ILA
-9.00
(-0.66%)
75.84EPS
17.16P/E
941.04BMarket Cap
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
2.46
1.98
1.93
1.7
2.27
1.84
1.87
1.43
1.47
1.38
1.59
1.9
2.02
1.85
Basic EPS, GAAP
0.48
-0.79
-0.23
-0.07
0.14
0.76
1.14
0.79
1.26
1.69
0.44
0.73
0.95
0.76
Free Cash Flow per Basic Share
0.74
0.44
0.46
0.31
0.35
0.67
0.67
0.53
0.47
0.53
0.5
0.66
1.12
1.45
Dividend per Share
0.48
0.14
0.27
- -
- -
- -
- -
0.12
0.27
0.34
0.38
0.15
0.1
0.24
Book Value per Share
5.78
4.54
4.01
4.14
5.14
8.42
6.85
7.42
8.63
10.15
10.66
11.28
12.13
12.21
Tangible Book Value per Share
5.75
4.51
3.98
4.12
5.12
8.36
6.82
7.38
8.61
10.12
10.64
11.19
12.04
12.13
Basic Weighted Avg Shares
292
329
329
373
478
561
595
734
747
755
755
749
728
716
Sales/Revenue/Turnover
720
652
634
633
1,084
1,035
1,115
1,049
1,100
1,039
1,204
1,425
1,472
1,327
Operating Margin (%)
61.17
63.8
63.59
61.93
59.09
60.72
57.46
57.23
58.26
66.12
64.23
59.69
55.56
61.53
Depreciation Expense
4
4
3
3
8
10
7
5
13
9
12
23
24
25
Net Income, GAAP
140
-260
-75
-27
68
429
678
577
942
1,277
333
549
693
543
Effective Tax Rate (%)
49.65
- -
819.58
- -
- -
19.02
10.95
24.63
18.13
21.86
19.64
22.01
19.59
18.59
Profit Margin (%)
19.42
-39.79
-11.86
-4.29
6.3
41.47
60.8
55.03
85.63
122.9
27.62
38.55
47.09
40.91
Working Capital
-605
-1,130
-935
-644
-10
455
215
32
785
35
894
669
479
380
LT Debt
4,696
4,455
4,170
3,506
3,547
6,146
5,330
4,704
5,440
5,947
7,120
7,503
7,513
7,655
Total Equity
1,976
1,553
1,355
1,797
2,274
4,564
5,556
6,062
6,892
8,026
8,111
8,398
8,855
8,918
Return on Invested Capital (%)
2.38
- -
-26.11
- -
- -
7.8
8.58
6.34
9.8
11.6
3.87
5.43
5.6
4.52
Return on Capital (%)
2.36
- -
-32.63
- -
- -
5.69
6.64
6.1
8.53
9.93
3.08
4.24
4.91
3.88
Return on Common Equity (%)
6.96
-14.72
-5.14
-1.7
3.32
14.16
14.52
9.91
14.52
17.15
4.15
6.7
8.1
6.25

Capital Structure

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,856
2,269
1,981
LT Borrowings
7,513
6,954
7,655
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
724
724
724
Market Capitalization
11,281
9,432
9,410

Working Capital

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,602
2,458
2,676
Cash, Cash Equivalents & STI
1,279
1,371
1,701
Accounts Receivable, Net
50
54
53
Inventories
616
613
610
Total Current Liabilities
2,123
2,675
2,296
Payables & Accruals
- -
- -
- -
ST Debt
1,856
2,269
1,981
Deferred Revenue
- -
- -
- -

Growth Rates

ILS

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.09%
8.04%
5.45%
Free Cash Flow
24.65%
19.2%
66.68%
Net Income, GAAP
27.27%
23.23%
26.2%
Sales/Revenue/Turnover
10.52%
7.37%
3.33%
Total Cash Common Dividend
- -
12.99%
-39.13%

Quarterly Revenue

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
311
360
385
378
1,425
2025
444
340
342
346
1,472
2026
313
325
- -
- -
- -

Quarterly Earnings Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.23
0.17
0.18
0.73
2025
0.29
0.23
0.18
0.2
0.95
2026
0.21
0.17
- -
- -
- -

Quarterly Dividends Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.09
- -
0.07
0.15
2025
- -
0.08
- -
- -
0.1
2026
- -
0.24
- -
- -
- -

Company Description

CEO
Uzi Levi
Full Time Employees
201
Sector
Finance
Industry
Real estate development
Address
7 Tozeret Haaretz Street Tel Aviv TA Israel 6109002
IPO Date
Feb 29, 1988
Business
Mivne Real Estate (K.D) Ltd engages in the initiation, purchase, construction, rental, and management of commercial and residential real estate properties primarily in Israel, with additional operations in Switzerland, Ukraine, North America, and France. The company develops, acquires, and manages a diverse portfolio encompassing offices; high-tech facilities; industrial, logistics, and commercial spaces; retail centers; residential units for sale and rent; student housing; data centers; photovoltaic energy projects; and electric vehicle charging stations, alongside operation of gas stations and provision of planning and supervision services for infrastructure developments. Founded in 1961 and headquartered at 7 Totzeret Haaretz Street in Tel Aviv, Israel, Mivne Real Estate (K.D) Ltd owns approximately 1.9 million square meters of income-producing assets across Israel from Metula to Eilat, positioning it as Israel's leading commercial real estate group by property volume, with about 780,000 square meters of land reserves. In recent developments, the company signed a major lease agreement in September 2024 with Fattal Group's ROOMS and Switchup for 25,000 square meters in the Hasolelim office towers on Yigal Alon Street in Tel Aviv, valued at around NIS 500 million over 11 years, with occupancy slated for January 2026; completed a NIS 700 million bond and commercial paper issuance in April 2025 amid NIS 1.5 billion demand; executed a NIS 200 million share buyback and NIS 70 million dividend distribution as of August 2025; and advances key projects including the mixed-use HaSolelim complex with residential towers and 70,000 square meters of offices, Herzliya Tower combining residences, offices, and retail, Kfar Saba business tower, Haifa Sciences and High-Tech Park, and expanded Yigal Alon development featuring 125,000 square meters of office and commercial space plus 400 residential units. Formerly known as Industrial Buildings Corporation Ltd., the company formed through the 2019 merger of Industrial Buildings Corporation and Jerusalem Economy, and maintains a 2022 joint venture with Digital Realty for data center development in Petah Tikvah.