Israel Shipyards Ltd (ISHI) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Israel Shipyards Ltd stock ILS 36.90, price ILS 103, that is 64.1% below the price, quality 46 out of 100. Rating: strongly overvalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 53.15 ILS – 197.36 ILS · fair‑value band 27.68 ILS – 40.92 ILS · the 102.90 ILS price screens above the 36.90 ILS fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Israel Shipyards Industries Ltd designs, constructs, markets, and sells military and vessels in Israel, Europe and the Mediterranean, Africa and the Far East, South America, and internationally.
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It operates general cargo port that provides loading, discharging, sorting, storage, and transportation services; performs metal works; and imports, produces, markets, and sells cement and construction products, as well as offers vessel building and repair services.
The company is involved in the provision of logistics and support services for the offshore gas and petrol drilling operations. Israel Shipyards Industries Ltd was founded in 1959 and is based in Haifa, Israel.
Stock analysis
Israel Shipyards Ltd (ISHI) currently trades at 102.90 ILS, while our model-based Fair Value estimate is 36.90 ILS, 64% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 23.26 ILS per share, and 1 of the 16 models we run sit above the 102.90 ILS price.
Bear case: the Dividend Discount group reads lowest at 10.04 ILS, and 15 of the 16 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 27.68 ILS (bear) to 40.92 ILS (bull), the price of 102.90 ILS sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Israel Shipyards Ltd reported revenue of 1.6B ILS in FY2025 versus 945M ILS in FY2021, a compound +13.7%/yr. Reported net income was 27.3M ILS in FY2025, compounding −26.5%/yr from FY2021.
Key figures
Market cap 2.6B ILS Small · P/E ratio 62.7 · P/S ratio 1.53 · EPS (TTM) 1.64 ILS · Dividend yield 0.8% · Net margin 2.4% · Return on equity 4.4% · Return on assets (EBIT) 7.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 33 out of 100 (low confidence).
What moves the price
The share trades about 48% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −21% fair-value upside, at −64%, ISHI screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (9.66 ILS to 156.20 ILS). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear27.68 ILSFair Value 36.90 ILSBull40.92 ILS
Price 102.90 ILS · Downside -64.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (1.41 ILS per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
Residual Income24.17 ILS24.40 ILS25.44 ILS76
EPV17.05 ILS18.44 ILS19.58 ILS74
ROIC Compounder17.05 ILS18.44 ILS19.58 ILS72
All 16 models by family
Earnings-Based
Graham-Dodd7.43 ILS28.33 ILS38.36 ILS64
Lynch FV6.89 ILS9.84 ILS12.80 ILS61
PEG = 1.06.89 ILS9.84 ILS12.80 ILS57
EPV17.05 ILS18.44 ILS19.58 ILS74
Dividend Discount
Gordon GGM5.95 ILS10.41 ILS13.97 ILS68
DDM Multi-Stage5.95 ILS9.66 ILS11.15 ILS67
Multiples
P/E Multiple17.21 ILS22.94 ILS28.68 ILS63
P/S Multiple13.93 ILS18.57 ILS23.21 ILS58
P/B Multiple117.15 ILS156.20 ILS195.25 ILS55
EV/EBIT16.32 ILS23.52 ILS30.71 ILS65
EV/EBITDA59.17 ILS80.65 ILS102.13 ILS67
EV/Revenue10.14 ILS16.75 ILS23.35 ILS52
Asset-Based
NCAV (Graham)17.36 ILS23.26 ILS34.71 ILS54
Economic Profit
Residual Income24.17 ILS24.40 ILS25.44 ILS76
ROIC Compounder17.05 ILS18.44 ILS19.58 ILS72
Growth Earnings
Growth-Adj P/E12.54 ILS17.92 ILS23.29 ILS67
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+20.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+15.6%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−18.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−19.7%
Dividend (yield on the price)0.8%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.14% → 3%
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Building Materials · 257 stocks
Beats the industry median on 2/13 measures
Overall it trails its industry peers.
Valuation
Quality Score46 · Below median
Fair Value upside−64.1% · Bottom 25%
Profitability
Return on equity (12 months)4.4% · Above median
Return on assets1.4% · Below median
Net margin (12 months)2.4% · Below median
Operating margin (12 months)6.7% · Below median
Growth and dividend
Revenue growth (quarter YoY)21.6% · Top 25%
Dividend yield (12 months)0.8% · Below median
Balance sheet
Debt / equity0.17× · Above median
Valuation Multiplesvs Building Materials median · lower = cheaper
P/E (12 months)62.7× · Priciest 25%
P/B2.73× · Priciest 25%
P/S (12 months)1.53× · Pricier than median
EV/EBITDA14.4× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 30
FUTURE (revenue growth)100· sector 13
PAST (return on equity)18· sector 17
HEALTH (low debt)91· sector 92
DIVIDEND (yield)15· sector 47
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Israel Shipyards Ltd (ISHI) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 36.90 ILS versus a price of 102.90 ILS, about 64% lower (overvalued).
What is the fair value of ISHI?
Our model-based fair value for Israel Shipyards Ltd is 36.90 ILS (as of Nov 7, 2026), built from audited fundamentals. The current price: 102.90 ILS.
What is the quality score of ISHI?
Israel Shipyards Ltd has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Israel Shipyards Ltd (ISHI)?
Our model-based price target is the fair value of 36.90 ILS (as of Nov 7, 2026) from 16 valuation models. Cautious scenario 27.68 ILS, optimistic scenario 40.92 ILS. It is a calculation from audited fundamentals, not an analyst target.
What is the Israel Shipyards Ltd stock forecast for 2026?
Our models put fair value at 36.90 ILS, about 64% lower versus a price of 102.90 ILS (overvalued). Cautious scenario 27.68 ILS, optimistic scenario 40.92 ILS. The calculation is refreshed regularly with new filings.
What is the revenue of Israel Shipyards Ltd (ISHI)?
Israel Shipyards Ltd reported trailing-twelve-month revenue of about 1.7B ILS (latest available figure, as of Nov 7, 2026).
Does Israel Shipyards Ltd pay a dividend?
Israel Shipyards Ltd currently shows a dividend yield of 0.75% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Israel Shipyards Ltd (ISHI)?
Israel Shipyards Ltd has a dividend yield of 0.8%.
What is the intrinsic value of Israel Shipyards Ltd (ISHI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Israel Shipyards Ltd it is 36.90 ILS per share (as of Nov 7, 2026), against a price of 102.90 ILS. It is the blended result of 16 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Israel Shipyards Ltd stock overvalued or undervalued in 2026?
As of Nov 7, 2026, ISHI trades above its calculated fair value: price 102.90 ILS, fair value 36.90 ILS, a gap of about −64% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ISHI?
No. The price is what the market pays today (102.90 ILS); the fair value is what the company's own numbers justify (36.90 ILS). For Israel Shipyards Ltd the two are 66.00 ILS per share apart. That gap is exactly why we show both numbers side by side.
How much is Israel Shipyards Ltd worth?
The market values Israel Shipyards Ltd at about 2.6B ILS (market capitalisation, as of Nov 7, 2026). Per share that is 102.90 ILS; our models calculate a fair value of 36.90 ILS per share.
What do the bullish and bearish scenarios say about ISHI?
Our models span a range for Israel Shipyards Ltd: cautious scenario 27.68 ILS, base 36.90 ILS, optimistic 40.92 ILS per share (as of Nov 7, 2026, price 102.90 ILS). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ISHI?
Israel Shipyards Ltd trades at a price-to-earnings ratio of 62.7 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 36.90 ILS is built from several models across several years. Other multiples: P/B 2.7, P/S 1.5, EV/EBITDA 14.4.
How solid is the balance sheet of Israel Shipyards Ltd (ISHI)?
Balance-sheet figures for Israel Shipyards Ltd (as of Nov 7, 2026): return on equity 4.4%, debt of 0.17 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is ISHI from its 52-week high?
Israel Shipyards Ltd trades at 102.90 ILS, about 48% below its 52-week high of 197.36 ILS and 12% above the low of 91.58 ILS (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 36.90 ILS is for.
Which stocks are comparable to Israel Shipyards Ltd?
From the same area (Basic Materials) we also value CRH plc, Holcim AG, Martin Marietta Materials, Inc, Vulcan Materials Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Israel Shipyards Ltd stock attractive at the current price?
The data as of Nov 7, 2026: price 102.90 ILS, calculated fair value 36.90 ILS (−64%), Quality Score 46/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ISHI calculated?
We run Israel Shipyards Ltd through 16 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 36.90 ILS builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Israel Shipyards Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Israel Shipyards Ltd (ISHI)?
The closing price on Nov 6, 2026 was 102.90 ILS. Our model-based fair value is 36.90 ILS, about 64% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Israel Shipyards Ltd right now?
The price sits above even our optimistic bull case (40.92 ILS). The favourable scenario is already priced in. Weak quality (46/100) and above fair value at the same time, the margin of safety is missing on both counts.
Key figures of Israel Shipyards Ltd
How large is the market capitalisation of Israel Shipyards Ltd (ISHI)?
The market capitalisation of Israel Shipyards Ltd is 2.6B ILS. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Israel Shipyards Ltd (ISHI)?
The price-to-sales ratio of Israel Shipyards Ltd is 1.53 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Israel Shipyards Ltd (ISHI)?
Earnings per share at Israel Shipyards Ltd are 1.64 ILS (price ÷ EPS = P/E 62.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Israel Shipyards Ltd (ISHI)?
The dividend yield of Israel Shipyards Ltd is 0.8% (payout 47.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Israel Shipyards Ltd (ISHI)?
The net margin of Israel Shipyards Ltd is 2.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Israel Shipyards Ltd (ISHI)?
The return on equity (ROE) of Israel Shipyards Ltd is 4.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Israel Shipyards Ltd (ISHI)?
On an EBIT basis the return on assets of Israel Shipyards Ltd is 7.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Israel Shipyards Ltd (ISHI)?
The operating margin of Israel Shipyards Ltd is 6.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Israel Shipyards Ltd (ISHI)?
Revenue at Israel Shipyards Ltd is growing +21.6% versus a year earlier (3y avg +2.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Israel Shipyards Ltd (ISHI)?
Earnings per share at Israel Shipyards Ltd are growing +22.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Israel Shipyards Ltd (ISHI) generate?
The free cash flow of Israel Shipyards Ltd is −110M ILS (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Israel Shipyards Ltd (ISHI) carry?
The net debt of Israel Shipyards Ltd is 132M ILS (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 7, 2026