Shikun & Binui Ltd

Shikun & Binui Ltd operates with a debt-to-equity ratio of 2.37, indicating a capital structure that is heavily leveraged. The company's liquidity position is assessed as medium, with a current ratio of 1.13 and negative free cash flow of -229 million ILS. Despite holding 1.55 billion ILS in cash and equivalents, the firm's long-term debt of 14.01 billion ILS suggests a significant reliance on debt financing. Profitability metrics show a return on equity of 1.64% and a return on assets of 0.36%, both of which are below the industry median for construction and engineering firms. The company's operating income of 652 million ILS and net income of 97 million ILS reflect a narrow margin, with a gross profit of 1.38 billion ILS on total revenue of 9.3 billion ILS. The company's revenue is concentrated in a few key segments, with disclosed operations in infrastructure and real estate. No specific geographic breakdown is provided, but the firm is based in Israel and operates primarily in the region. This concentration may expose the company to regional economic and political risks. Looking ahead, the company's growth trajectory is uncertain. While the firm has a history of generating revenue in the range of 9.3 billion ILS, the outlook for the current and next fiscal years is not explicitly provided. The capital expenditure of -579 million ILS indicates ongoing investment in projects, but the negative operating cash flow of -407 million ILS raises concerns about the sustainability of these investments. Risk factors include a medium liquidity risk due to negative free cash flow and a high debt load. The dilution risk is assessed as low, with no significant dilution expected in the near term. However, the company's reliance on debt financing and the potential for future capital raising could introduce dilution pressure if market conditions deteriorate. Recent events include the latest actual EPS of 0.75 ILS, as reported by analysts. No recent filings or transcripts are available to provide additional insight into the company's strategic direction or operational performance.