PIE SIAM LTD

PIE SIAM LTD

TTASE:PIES
4,291.00
ILA
-26.00
(-0.60%)
754.71EPS
6.44P/E
90.37BMarket Cap
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.02
1.51
1.38
1.34
Basic EPS, GAAP
-3.19
0.74
5.36
7.55
Free Cash Flow per Basic Share
-3.69
-5.1
-6.24
-6.78
Dividend per Share
- -
- -
- -
- -
Book Value per Share
- -
55.25
60.8
61.39
Tangible Book Value per Share
- -
55.25
60.8
61.39
Basic Weighted Avg Shares
18
19
19
19
Sales/Revenue/Turnover
37
28
26
25
Operating Margin (%)
-3.43
-33.5
-61.61
-40.69
Depreciation Expense
5
5
5
5
Net Income, GAAP
-59
14
100
140
Effective Tax Rate (%)
- -
24.75
22.42
21.53
Profit Margin (%)
-158.02
48.74
387.34
564.41
Working Capital
- -
-198
-63
146
LT Debt
- -
836
1,244
1,640
Total Equity
- -
1,028
1,131
1,142
Return on Invested Capital (%)
- -
- -
5.28
-3.94
Return on Capital (%)
- -
- -
5.55
6.76
Return on Common Equity (%)
- -
- -
9.23
13.05

Capital Structure

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
215
466
141
LT Borrowings
1,243
1,201
1,639
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
886
605
904

Working Capital

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
191
322
333
Cash, Cash Equivalents & STI
169
209
221
Accounts Receivable, Net
3
1
- -
Inventories
- -
- -
- -
Total Current Liabilities
254
514
187
Payables & Accruals
- -
- -
- -
ST Debt
215
466
141
Deferred Revenue
- -
- -
- -

Growth Rates

ILS

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
10.05%
Free Cash Flow
- -
- -
22.45%
Net Income, GAAP
- -
- -
627.8%
Sales/Revenue/Turnover
- -
- -
-8.43%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6
7
9
7
28
2025
5
4
6
10
26
2026
6
3
- -
- -
- -

Quarterly Earnings Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.48
-0.93
-0.45
2.59
0.74
2025
-0.67
-0.73
6.86
-0.11
5.36
2026
-0.69
1.48
- -
- -
- -

Quarterly Dividends Per Share

ILS

•

in mil. unless spec.

Year

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

Company Description

CEO
Naftali Weingarten
Full Time Employees
11
Sector
Finance
Industry
Real estate development
Address
144 A Menach Begin Road Tel Aviv TA Israel 6492102
IPO Date
Jan 22, 2025
Business
Pie Siam Ltd is a diversified holding and operating company focused on hospitality and real estate investments, with operations spanning hotel management, property acquisition and rental activities, and related services. It maintains headquarters in Tel Aviv, Israel, and conducts its business through a portfolio of subsidiaries and affiliated entities across regional markets in Europe, the Middle East, and North Africa, leveraging cross-border investment platforms and strategic partnerships to expand its hospitality and real estate footprint. Main products and services - Hotel management and operation services: brand management, day-to-day hotel operations, revenue management, guest services, and hospitality operations support for owned and managed properties - Real estate investment and asset management: acquisition, development, leasing, property management, asset optimization, and portfolio diversification across commercial and residential assets - Property rental and leasing activities: long-term and short-term leasing of commercial and residential spaces, mixed-use developments, and ancillary services (facility management, maintenance) - Ancillary hospitality services: food and beverage concessions, event hosting, catering, and conference/meeting facilities management integrated with hotel properties - Investment and strategic advisory: structuring and financing of hospitality investments, joint ventures, and partnerships to grow regional presence and asset base Latest major company changes - Strategic partnerships and alliances: entering co-investment and management agreements with regional hospitality and real estate partners to expand geographic footprint and asset classes - Corporate reorganizations: consolidations within its regional subsidiaries to streamline operations and improve governance across markets - Product and service expansions: launches of enhanced hotel management platforms and integrated asset management services to support a growing portfolio - Mergers, acquisitions, and financing activity: recent acquisitions of select real estate assets and active pursuit of new debt and equity financing to fund expansion plans - Brand and portfolio shifts: portfolio optimization through divestments of non-core assets and refocusing on high-growth hospitality markets and flagship properties Additional context - Industry and segments: hotel management and operations; real estate investment, asset and property management; ancillary hospitality services - Target markets: institutional and high-net-worth investors; corporate clients seeking outsourced hospitality and asset management; regional hotel owners seeking management expertise - Geographic operations: Israel (headquarters), Europe and the broader MENA region, with activities spanning multiple countries through owned and managed properties and investment ventures - Corporate structure: operates via a network of subsidiaries and affiliates; parent/holding relationships exist to coordinate strategy and capital deployment across properties and investments - Founding year and headquarters: established in the early 2000s with headquarters in Tel Aviv, Israel - Subsidiaries and affiliations: maintains a matrix of regional subsidiaries and partner entities to manage hotel assets and real estate holdings across jurisdictions