Africa Israel Residences Ltd (AFRE) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Africa Israel Residences Ltd stock ILS 115, price ILS 186, that is 38.3% below the price, quality 42 out of 100. Rating: strongly overvalued. Calculated from audited financials with 9 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 8, 2026.
How to read this chart
60‑month range 115.74 ILS – 324.19 ILS · fair‑value band 115.02 ILS – 156.51 ILS · the 186.40 ILS price screens above the 115.02 ILS fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Africa Israel Residences Ltd develops and sells residential units under the Savyonim brand in Israel.
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It is involved in the initiation, planning, development, construction, and marketing of residential housing units; establishment, management, and maintenance of rental housing projects and the provision of services.
The company also engages in constructing and operating commercial properties for rental. Africa Israel Residences Ltd was incorporated in 1960 and is based in Or Yehuda, Israel. Africa Israel Residences Ltd is a subsidiary of Africa Israel Trade and Agencies Ltd.
Stock analysis
Africa Israel Residences Ltd (AFRE) currently trades at 186.40 ILS, while our model-based Fair Value estimate is 115.02 ILS, 38% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of 137.15 ILS per share, and 2 of the 9 models we run sit above the 186.40 ILS price.
Bear case: the Dividend Discount group reads lowest at 53.03 ILS, and 7 of the 9 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 115.02 ILS (bear) to 156.51 ILS (bull), the price of 186.40 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 42/100 (below-average quality), in the Real Estate sector.
Mixed Growth: Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
Africa Israel Residences Ltd reported revenue of 925M ILS in FY2025 versus 1.1B ILS in FY2021, a compound −4.5%/yr. Reported net income was 196M ILS in FY2025, compounding −2.9%/yr from FY2021.
Key figures
Market cap 3.2B ILS Small · P/E ratio 11.8 · P/S ratio 3.34 · EPS (TTM) 15.75 ILS · Dividend yield 2.7% · Net margin 21.0% · Return on equity 10.2% · Return on assets (EBIT) 5.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 53 out of 100 (low confidence).
What moves the price
The share trades about 43% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 33% fair-value upside, at −38%, AFRE screens richer than that median.
Fair Value models
Bear115.02 ILSFair Value 115.02 ILSBull156.51 ILS
Price 186.40 ILS · Downside -38.3%
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 (9.22 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.
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.55/100
Spin-off in 2024: revenue and profit before it include the divested business. Growth is measured afresh from 2024.
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.
+14.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+12.2%
Dividend (yield on the price)2.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.12.2% vs 6.7%, picking up
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.12% → 16%
Compare Africa Israel Residences Ltd with another stock
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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.Real Estate - Development · 489 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score42 · Bottom 25%
Fair Value upside−38.3% · Bottom 25%
Profitability
Return on equity (12 months)10.2% · Top 25%
Return on assets3.9% · Above median
Net margin (12 months)21.0% · Top 25%
Operating margin (12 months)14.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)14.3% · Above median
Dividend yield (12 months)2.7% · Below median
Balance sheet
Debt / equity0.40× · Above median
Valuation Multiplesvs Real Estate - Development median · lower = cheaper
P/E (12 months)11.8× · Pricier than median
P/B1.61× · Priciest 25%
P/S (12 months)3.34× · Pricier than median
EV/EBITDA27.1× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 67
FUTURE (revenue growth)72· sector 0
PAST (return on equity)41· sector 17
HEALTH (low debt)80· sector 83
DIVIDEND (yield)53· sector 61
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.
Cite: Fair Value Calculator (2026). "Africa Israel Residences Ltd Fair Value". https://www.fairvalue-calculator.com/stock/AFRE
Frequently asked questions
Is Africa Israel Residences Ltd (AFRE) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 115.02 ILS versus a price of 186.40 ILS, about 38% lower (overvalued).
What is the fair value of AFRE?
Our model-based fair value for Africa Israel Residences Ltd is 115.02 ILS (as of Nov 8, 2026), built from audited fundamentals. The current price: 186.40 ILS.
What is the quality score of AFRE?
Africa Israel Residences Ltd has a Quality Score of 42/100. 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 Africa Israel Residences Ltd (AFRE)?
Our model-based price target is the fair value of 115.02 ILS (as of Nov 8, 2026) from 9 valuation models. Cautious scenario 115.02 ILS, optimistic scenario 156.51 ILS. It is a calculation from audited fundamentals, not an analyst target.
What is the Africa Israel Residences Ltd stock forecast for 2026?
Our models put fair value at 115.02 ILS, about 38% lower versus a price of 186.40 ILS (overvalued). Cautious scenario 115.02 ILS, optimistic scenario 156.51 ILS. The calculation is refreshed regularly with new filings.
What is the revenue of Africa Israel Residences Ltd (AFRE)?
Africa Israel Residences Ltd reported trailing-twelve-month revenue of about 956M ILS (latest available figure, as of Nov 8, 2026).
Does Africa Israel Residences Ltd pay a dividend?
Africa Israel Residences Ltd currently shows a dividend yield of 2.66% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Africa Israel Residences Ltd (AFRE) and when is the ex-dividend date?
Africa Israel Residences Ltd pays a dividend of 4.97 ILS per share a year, a dividend yield of 2.7%. The last ex-dividend date was Aug 24, 2026. A dividend has been paid every year since at least 2007. The payout ratio is 31.5% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Africa Israel Residences Ltd (AFRE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Africa Israel Residences Ltd it is 115.02 ILS per share (as of Nov 8, 2026), against a price of 186.40 ILS. It is the blended result of 9 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Africa Israel Residences Ltd stock overvalued or undervalued in 2026?
As of Nov 8, 2026, AFRE trades above its calculated fair value: price 186.40 ILS, fair value 115.02 ILS, a gap of about −38% (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 AFRE?
No. The price is what the market pays today (186.40 ILS); the fair value is what the company's own numbers justify (115.02 ILS). For Africa Israel Residences Ltd the two are 71.38 ILS per share apart. That gap is exactly why we show both numbers side by side.
How much is Africa Israel Residences Ltd worth?
The market values Africa Israel Residences Ltd at about 3.2B ILS (market capitalisation, as of Nov 8, 2026). Per share that is 186.40 ILS; our models calculate a fair value of 115.02 ILS per share.
What do the bullish and bearish scenarios say about AFRE?
Our models span a range for Africa Israel Residences Ltd: cautious scenario 115.02 ILS, base 115.02 ILS, optimistic 156.51 ILS per share (as of Nov 8, 2026, price 186.40 ILS). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of AFRE?
Africa Israel Residences Ltd trades at a price-to-earnings ratio of 11.8 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 115.02 ILS is built from several models across several years. Other multiples: P/B 1.6, P/S 3.3, EV/EBITDA 27.1.
How solid is the balance sheet of Africa Israel Residences Ltd (AFRE)?
Balance-sheet figures for Africa Israel Residences Ltd (as of Nov 8, 2026): return on equity 10.2%, debt of 0.40 per unit of equity. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is AFRE from its 52-week high?
Africa Israel Residences Ltd trades at 186.40 ILS, about 43% below its 52-week high of 324.19 ILS and at the low of 186.40 ILS (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of 115.02 ILS is for.
Which stocks are comparable to Africa Israel Residences Ltd?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, China Resources Land Limited, CK Asset Holdings, DLF Limited, 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 Africa Israel Residences Ltd stock attractive at the current price?
The data as of Nov 8, 2026: price 186.40 ILS, calculated fair value 115.02 ILS (−38%), Quality Score 42/100, from 9 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 AFRE calculated?
We run Africa Israel Residences Ltd through 9 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 115.02 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 13.0% above its aggregate fair value. Africa Israel Residences 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 Africa Israel Residences Ltd (AFRE)?
The closing price on Nov 5, 2026 was 186.40 ILS. Our model-based fair value is 115.02 ILS, about 38% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Africa Israel Residences Ltd right now?
The price sits above even our optimistic bull case (156.51 ILS). The favourable scenario is already priced in. Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Africa Israel Residences Ltd (AFRE) come from?
Earnings per share at Africa Israel Residences Ltd grew +7.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +1.5 %, EBIT margin +1.8 %, tax rate +1.3 %, residual (interest, one-offs) +2.7 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Africa Israel Residences Ltd
How large is the market capitalisation of Africa Israel Residences Ltd (AFRE)?
The market capitalisation of Africa Israel Residences Ltd is 3.2B 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 Africa Israel Residences Ltd (AFRE)?
The price-to-sales ratio of Africa Israel Residences Ltd is 3.34 (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 Africa Israel Residences Ltd (AFRE)?
Earnings per share at Africa Israel Residences Ltd are 15.75 ILS (price ÷ EPS = P/E 11.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Africa Israel Residences Ltd (AFRE)?
The dividend yield of Africa Israel Residences Ltd is 2.7% (payout 31.5%). 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 Africa Israel Residences Ltd (AFRE)?
The net margin of Africa Israel Residences Ltd is 21.0% (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 Africa Israel Residences Ltd (AFRE)?
The return on equity (ROE) of Africa Israel Residences Ltd is 10.2% (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 Africa Israel Residences Ltd (AFRE)?
On an EBIT basis the return on assets of Africa Israel Residences Ltd is 5.2% (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 Africa Israel Residences Ltd (AFRE)?
The operating margin of Africa Israel Residences Ltd is 14.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Africa Israel Residences Ltd (AFRE)?
Revenue at Africa Israel Residences Ltd is growing +14.3% versus a year earlier (3y avg −1.3%). 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 Africa Israel Residences Ltd (AFRE)?
Earnings per share at Africa Israel Residences Ltd are growing +12.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Africa Israel Residences Ltd (AFRE) generate?
The free cash flow of Africa Israel Residences Ltd is −220M 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 Africa Israel Residences Ltd (AFRE) carry?
The net debt of Africa Israel Residences Ltd is 1.7B 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 8, 2026