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Hiron-Trade Investments & Industrial Buildings Ltd (HRON) Fair Value & Analysis

Real Estate · Il · Market cap 1.0B ILA

HT Hiron-Trade Investments & Industrial Buildings Ltd HRON · TA
Price2,249 ILA
Fair Value2,617 ILA
Upside+16.3%
Quality73/100
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Healthy Growth
Highly profitable · 67.1% net margin
generates free cash flow
Ranks above peers (10/13)
Wide moat 66/100
Evidence: High Range 2,012 ILA – 3,922 ILA Share as image

Fair value as of: Jul 15, 2026

From 16 valuation models · updated 26 days ago

Share price −6.6% over the past month.

A solid business, screening 16% undervalued on our models.

What matters now

  • A fairly wide model range (2,012 ILA to 3,922 ILA) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

2,947 ILA 20.40 ILA Fair Value 2,617 ILA Feb 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

54‑month range 20.40 ILA – 2,947 ILA · fair‑value band 2,012 ILA – 3,922 ILA · the 2,249 ILA price screens below the 2,617 ILA fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Hiron-Trade Investments & Industrial Buildings Ltd (HRON) currently trades at 2,249 ILA, while our model-based Fair Value estimate is 2,617 ILA, implying the stock looks roughly 16.3% undervalued today. The Quality Score stands at 73/100 (solid quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Hiron-Trade Investments & Industrial Buildings Ltd generated revenue of 126M ILA at a net margin of 70.3%. Revenue declined 7.7% year over year. It earns a return on equity of 8.1%. Net debt stands at 45.1M ILA. Fundamentals as of Jul 15, 2026

Our scenario range runs from 2,012 ILA (bear case) to 3,922 ILA (bull case); at 2,249 ILA, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at 16%, HRON screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Residual Income 1,927 ILA 2,003 ILA 2,081 ILA 76
Growth DCF 1,010 ILA 1,373 ILA 1,818 ILA 72
Gordon GGM 253.63 ILA 457.04 ILA 629.17 ILA 70
All 16 models by family
DCF Models
FCF DCF 999.93 ILA 1,412 ILA 1,947 ILA 38
5Y Revenue Exit 1,506 ILA 2,471 ILA 3,695 ILA 39
5Y EBITDA Exit 2,195 ILA 3,735 ILA 5,517 ILA 41
10Y Revenue Exit 1,233 ILA 2,007 ILA 3,030 ILA 36
10Y EBITDA Exit 1,680 ILA 2,802 ILA 4,279 ILA 37
Dividend Discount
Gordon GGM 253.63 ILA 457.04 ILA 629.17 ILA 70
DDM Multi-Stage 253.63 ILA 380.45 ILA 488.23 ILA 61
Multiples
P/S Multiple 1,954 ILA 2,605 ILA 3,256 ILA 58
P/B Multiple 2,483 ILA 3,311 ILA 4,138 ILA 55
EV/EBIT 4,359 ILA 5,812 ILA 7,265 ILA 53
EV/EBITDA 3,419 ILA 4,559 ILA 5,699 ILA 54
EV/Revenue 1,964 ILA 2,805 ILA 3,647 ILA 43
Asset-Based
NCAV (Graham) 1,240 ILA 1,662 ILA 2,481 ILA 50
Growth DCF
Growth DCF 1,010 ILA 1,373 ILA 1,818 ILA 72
Rev-Margin DCF 1,506 ILA 2,465 ILA 3,536 ILA 67
Economic Profit
Residual Income 1,927 ILA 2,003 ILA 2,081 ILA 76

Widest divergence: Multiples (3,311 ILA) versus Dividend Discount (380.45 ILA). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 126M ILA
Revenue growth (YoY) -7.7%
Net margin 70.3%
Return on equity 8.1%
Free cash flow 49.3M ILA FY2025
P/E ratio 11.3
More key figures
Operating margin 60.7%
EPS (TTM) 230.11 ILA
EPS growth (YoY) +111%
Net debt 45.1M ILA FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 73/100

Of which business quality 68 · Market factors (momentum, volatility) 35

Profitability 41
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 74
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 91
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Hiron-Trade Investments & Industrial Buildings Ltd engages in the real estate business in Israel. The company purchases plots and real estate assets; and constructs and rents commercial centers, including cold storages, bonded and logistics warehouses, archives, light industry facilities, offices, commercial sales centers, and others.

Full company description

Hiron-Trade Investments & Industrial Buildings Ltd engages in the real estate business in Israel. The company purchases plots and real estate assets; and constructs and rents commercial centers, including cold storages, bonded and logistics warehouses, archives, light industry facilities, offices, commercial sales centers, and others. It also imports and markets timber and wood products, such as beam, formica, plywood, MDF, whitewood, and hardwood for the furniture industry. Hiron-Trade Investments & Industrial Buildings Ltd was incorporated in 1974 and is based in Tel Aviv-Yafo, Israel.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hiron-Trade Investments & Industrial Buildings Ltd reported revenue of 182M ILA in FY2025 versus 245M ILA in FY2021, a compound −7.2%/yr. Reported net income was 88.5M ILA in FY2025, compounding −8.7%/yr from FY2021.

Growth Quality 71/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
182M ILS
Latest YoY
+7.8%
Avg. growth/yr (3Y) 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.
−5.9%
Avg. growth/yr (5Y) 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.
+3.9%
Avg. growth/yr (18Y) 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.
+5.3%
Revenue −7.2%/yr
FY21 245M ILA
FY22 219M ILA
FY23 119M ILA
FY24 169M ILA
FY25 182M ILA
Net income −8.7%/yr
FY21 128M ILA
FY22 108M ILA
FY23 68.0M ILA
FY24 83.8M ILA
FY25 88.5M ILA
Character of growth · EPS growth decomposed (2014-2025) +7.3 % p.a.
Revenue per share +1.9 pp

of which total revenue +1.0 pp · buybacks/dilution +0.9 pp

EBIT margin +5.8 pp
Tax rate −0.3 pp
Residual (interest, one-offs) −0.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Hiron-Trade Investments & Industrial Buildings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/HRON

Peer Group

Real Estate - Development · 588 stocks

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.

Quality Score 72 · Top 25%
Fair Value upside +16% · Above median
Return on equity (TTM) 8% · Above median
Return on assets 3% · Above median
Net margin (TTM) 67% · Top 25%
Operating margin (TTM) 53% · Top 25%
Revenue growth 4% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/E (TTM) 9.8× · Cheaper than median
P/B 0.30× · Cheaper than median
P/S (TTM) 2.63× · Pricier than 75% of peers
P/FCF 6.8× · Pricier than 75% of peers
EV/EBITDA 4.8× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 55 · sector 48
FUTURE 19 · sector 0
PAST 31 · sector 10
HEALTH 0 · sector 84
DIVIDEND 0 · sector 38

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹657.75 ₹159.49 -76%
Lodha Developers Limited LODHA ₹1,188 ₹583.43 -51%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,125 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,925 ₹1,183 -39%
Godrej Properties Limited GODREJPROP ₹2,102 ₹1,044 -50%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 555.00 IDR 1,388 IDR +150%
PT Sentul City Tbk, BKSL 64.00 IDR 84.16 IDR +32%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,100 IDR 6,239 IDR +52%

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Frequently asked questions

Is Hiron-Trade Investments & Industrial Buildings Ltd (HRON) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 2,617 ILA versus a price of 2,249 ILA, about +16% (undervalued).
What is the fair value of HRON?
Our model-based fair value for Hiron-Trade Investments & Industrial Buildings Ltd is 2,617 ILA (as of Jul 15, 2026), built from audited fundamentals. The current price is 2,249 ILA.
What is the quality score of HRON?
Hiron-Trade Investments & Industrial Buildings Ltd has a Quality Score of 73/100. 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 revenue of Hiron-Trade Investments & Industrial Buildings Ltd (HRON)?
Hiron-Trade Investments & Industrial Buildings Ltd reported trailing-twelve-month revenue of about 126M ILS (latest available figure, as of Jul 15, 2026).
What is the net profit margin of HRON?
The net profit margin of Hiron-Trade Investments & Industrial Buildings Ltd is about 70.3%, meaning it keeps roughly 70.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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