Delek Property Development Ltd

ILA 6,046As of Sun 8 Nov 2026, 12:00 UTC

TASE:DLASReal Estate

Country Israel

PE (Fwd) •••

TSR 10Y CAGR —

Div yield —

ROE —

Real Estate (Development)

Beta (5Y) —

PE TTM —

TSR TTM —

Mkt cap ILS 1.106B

ROIC (0.54%)

SE Grade™

Value

Quality

Moat

Consensus

Reference

ILA 6,339

4.85%

(62.03%)

Hold 10|9|9|11|0

TTM

FYE 31 Dec ILS

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

93.20

RevenueILS M

266.4

276.1

283.1

287.1

287.5

297.4

307.7

310.4

317.9

326.4

101.6

2.57%

2.26%

24.98

Revenue growth%

16.38

13.98

12.32

13.62

16.32

14.50

16.11

15.97

16.13

14.42

7.06

15.97

15.23

6.19

Gross margin%

26.14

28.67

29.83

29.54

31.31

28.44

31.38

31.46

29.99

32.65

13.61

31.38

29.91

6.12

Operating margin%

11.08

12.47

13.40

15.94

18.77

18.48

19.10

18.59

19.00

18.19

12.42

18.59

18.34

2.59

Net margin%

10.72

11.66

9.98

10.11

7.67

9.22

10.51

10.62

8.25

9.99

16.44

9.99

10.05

33.33

P/E ratio (avg)x

41.22

43.00

45.70

51.43

56.70

58.98

65.38

74.29

68.03

68.38

23.74

68.03

57.84

24.06

EV/EBITx

40.27

36.40

34.16

30.17

28.92

29.05

27.61

26.46

25.44

21.64

30.49

26.46

28.98

15.73

FCF yield (avg)%

10.65

13.55

12.95

14.52

13.81

12.14

10.48

9.18

6.56

8.14

23.38

9.18

11.39

7.87

FCF margin%

24.85

23.71

24.26

26.48

25.49

27.76

29.70

30.38

31.60

30.30

13.61

30.30

27.12

1.791

FCF / Net incomex

0.753

0.662

0.723

0.629

0.683

0.634

0.679

0.693

0.733

0.803

1.504

0.693

0.688

8.62

ROIC%

23.34

23.17

25.52

24.42

24.77

21.78

19.90

17.67

14.69

15.40

2.98

17.67

22.48

7.25

Return on equity%

16.25

15.64

13.38

14.75

12.16

11.24

13.03

11.34

11.02

13.77

11.10

11.34

13.21

19.73

Return on assets%

21.74

22.37

21.58

23.58

24.85

22.60

21.75

19.45

22.43

24.39

18.11

22.43

22.40

6.19

EPSILS

3.32

3.28

3.58

3.89

4.26

3.81

3.84

3.45

3.70

3.47

6.53

(4.01%)

(1.06%)

—

16.79

EPS growth%

2.42

1.21

0.40

0.73

2.53

3.05

2.55

0.40

22.86

2.55

1.82

1.75

Bookvalue per shILS

5.01

4.81

4.56

4.90

4.76

5.12

4.92

4.52

4.56

4.74

8.08

(0.08%)

(0.50%)

—

2.81

FCF per shareILS

2.26

2.58

2.36

2.33

2.41

2.30

2.64

2.55

2.57

2.67

4.38

2.10%

1.33%

—

4.53

Dividend per shILS

3.42

3.57

3.67

3.81

4.45

4.22

4.39

4.25

4.03

4.24

8.85

(0.97%)

2.23%

—

17.23

Div yield (avg)%

18.99

18.56

20.40

18.19

21.18

23.89

25.32

22.97

21.24

22.83

14.27

22.97

21.21

18.93

Payout ratio%

19.13

18.71

15.73

12.77

11.26

8.64

7.10

9.09

9.27

10.97

25.14

9.09

11.12

18.65

Shares (diluted)M

16.28

15.69

13.84

14.05

13.63

11.86

12.59

13.73

14.82

13.06

18.15

(0.86%)

(2.46%)

12.87

Buyback yield%

6.55

6.54

7.06

6.80

9.41

7.36

7.97

7.73

6.07

6.29

2.37

7.36

6.93

0.177

D/E ratiox

0.771

0.685

0.739

0.705

0.631

0.544

0.537

0.566

0.583

0.591

1.667

0.566

0.611

190.2

Enterprise valueILS M

473.5

498.9

522.9

630.2

656.5

686.1

769.5

759.0

739.7

716.8

201.5

1.77%

5.38%

18.95

LT debtILS M

212.0

223.1

227.8

223.9

220.9

238.1

262.3

310.6

327.5

357.8

254.3

10.13%

6.51%

Peers (US$345.5M)

Cap (US$)

Carasso Real Estate Ltd

423.2M

—

Discount Investment…

310.4M

13.91x

Delek Israel Propertie…

283.2M

7.967x

PT Sentul City Tbk

342.8M

7.014x

Capital

TTM

10Y

Leveragex

0.400

0.137

0.155

EBIT/Intx

0.749

0.507

0.363

Own earn%

(98.77)

(16.20)

(13.17)

Sh yield%

30.10

30.70

28.29

Owners

Insiders/Inst%

1.05

40.35

Short interest%

2.84

SBC / revenue%

2.56

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

11–19

$1 testx

—

Incr. ROIC%

Delek Property Development Ltd engages in the exploration, development, and production of natural gas, condensate and oil. The company was incorporated in 2017 and is based in Herzliya, Israel.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

ILS 326.4M

2.26%

1.00×

Cost of revenue

ILS 221.6M

2.37%

1.01×

Operating expenses

ILS 73.08M

1.99%

0.97×