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Property & Building Corp (PTBL) Fair Value & Analysis

Real Estate · Il · Market cap 2.2B ILA

PB Property & Building Corp PTBL · TA
Price297.10 ILA
Fair Value462.51 ILA
Upside+55.7%
Quality40/100
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Mixed Growth
Thin margins · 9.6% net margin
High debt · negative free cash flow
0.09% dividend yield
Ranks above peers (10/13)
Moderate moat 55/100
Evidence: Medium Range 346.88 ILA – 578.13 ILA Share as image

Fair value as of: Jul 18, 2026

From 8 valuation models · updated 22 days ago

Share price −7.5% over the past month.

Below-average quality, screening 56% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (40/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (346.88 ILA). The market is more pessimistic than our downside scenario.
  • 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)

444.80 ILA 101.18 ILA Fair Value 462.51 ILA Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range 101.18 ILA – 444.80 ILA · fair‑value band 346.88 ILA – 578.13 ILA · the 297.10 ILA price screens below the 462.51 ILA fair value. Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Property & Building Corp (PTBL) currently trades at 297.10 ILA, while our model-based Fair Value estimate is 462.51 ILA, implying the stock looks roughly 55.7% undervalued today. The Quality Score stands at 40/100 (below-average 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: medium), always confirm before acting.

Over the trailing twelve months, Property & Building Corp generated revenue of 1.0B ILA at a net margin of 9.6%. Revenue grew 13.2% year over year. It earns a return on equity of 8.6%. Net debt stands at 12.1B ILA. Fundamentals as of Jul 18, 2026

Our scenario range runs from 346.88 ILA (bear case) to 578.13 ILA (bull case); at 297.10 ILA, the current price sits below 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 -30% fair-value upside, at 56%, PTBL screens cheaper 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 BearBaseBull Evidence
Highest evidence
Residual Income 348.24 ILA 362.07 ILA 366.74 ILA 76
Gordon GGM 237.75 ILA 473.74 ILA 717.38 ILA 70
DDM Multi-Stage 237.75 ILA 409.42 ILA 500.07 ILA 61
All 8 models by family
Dividend Discount
Gordon GGM 237.75 ILA 473.74 ILA 717.38 ILA 70
DDM Multi-Stage 237.75 ILA 409.42 ILA 500.07 ILA 61
Multiples
P/S Multiple 346.88 ILA 462.51 ILA 578.13 ILA 58
P/B Multiple 346.88 ILA 462.51 ILA 578.13 ILA 55
EV/EBIT 439.36 ILA 993.23 ILA 1,547 ILA 53
EV/EBITDA 72.08 ILA 503.52 ILA 934.96 ILA 54
Asset-Based
NCAV (Graham) 220.69 ILA 295.73 ILA 441.39 ILA 50
Economic Profit
Residual Income 348.24 ILA 362.07 ILA 366.74 ILA 76

Widest divergence: Multiples (462.51 ILA) versus Asset-Based (295.73 ILA). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.0B ILA
Revenue growth (YoY) +13.2%
Net margin 9.6%
Return on equity 8.6%
Free cash flow −954M ILA FY2025
P/E ratio 4.2
More key figures
Operating margin 76.2%
EPS (TTM) 73.11 ILA
Dividend yield 0.1%
EPS growth (YoY) -75.4%
Net debt 12.1B ILA FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 40/100

Of which business quality 36 · Market factors (momentum, volatility) 31

Profitability 29
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 8
Balance sheet, leverage, solvency risk
Investment 61
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 14
Distance to the 52-week high (market factor)
Net Issuance 39
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

Property & Building Corp. Ltd. operates as a real estate company in Israel and internationally. The company initiates, plans, develops, constructs, markets, rents, maintains, and manages high-tech parks, business and industrial parks, office buildings, logistics centers, commercial spaces, and parking lots.

Full company description

Property & Building Corp. Ltd. operates as a real estate company in Israel and internationally. The company initiates, plans, develops, constructs, markets, rents, maintains, and manages high-tech parks, business and industrial parks, office buildings, logistics centers, commercial spaces, and parking lots. It also plans, develops, constructs, markets, and sells residential neighborhoods, buildings, and housing units. Property & Building Corp. Ltd. was incorporated in 1961 and is based in Tel Aviv-Yafo, Israel. Property & Building Corp. Ltd. is a subsidiary of Discount Investment Corporation Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Property & Building Corp reported revenue of 980M ILA in FY2025 versus 44.0M ILA in FY2021, a compound +117.2%/yr. Reported net income was 201M ILA in FY2025, compounding −23.2%/yr from FY2021.

Growth Quality 44/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
980M ILS
Latest YoY
+1.3%
Avg. growth/yr (3Y)
−0.9%
Avg. growth/yr (5Y)
+21.1%
Avg. growth/yr (25Y)
+3.0%
Revenue +117.2%/yr
FY21 44.0M ILA
FY22 1.0B ILA
FY23 1.1B ILA
FY24 967M ILA
FY25 980M ILA
Net income −23.2%/yr
FY21 577M ILA
FY22 919M ILA
FY23 −530M ILA
FY24 269M ILA
FY25 201M ILA

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Cite: Fair Value Calculator (2026). "Property & Building Corp Fair Value". https://www.fairvalue-calculator.com/stock/PTBL

Peer Group

Real Estate - Diversified · 138 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 40 · Bottom 25%
Fair Value upside +56% · Above median
Return on equity (TTM) 9% · Top 25%
Return on assets 2% · Above median
Net margin (TTM) 10% · Above median
Operating margin (TTM) 76% · Top 25%
Revenue growth 13% · Above median
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 3.12× · Higher than 75% of peers

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

P/E (TTM) 4.1× · Cheaper than 75% of peers
P/B 0.22× · Cheaper than median
P/S (TTM) 0.70× · Cheaper than median
EV/EBITDA 12.3× · Cheaper than median

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 100 · sector 46
FUTURE 66 · sector 33
PAST 34 · sector 17
HEALTH 0 · sector 75
DIVIDEND 2 · sector 45

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 - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

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Frequently asked questions

Is Property & Building Corp (PTBL) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 462.51 ILA versus a price of 297.10 ILA, about +56% (undervalued).
What is the fair value of PTBL?
Our model-based fair value for Property & Building Corp is 462.51 ILA (as of Jul 18, 2026), built from audited fundamentals. The current price is 297.10 ILA.
What is the quality score of PTBL?
Property & Building Corp has a Quality Score of 40/100. 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 Property & Building Corp (PTBL)?
Property & Building Corp reported trailing-twelve-month revenue of about 1.0B ILS (latest available figure, as of Jul 18, 2026).
What is the net profit margin of PTBL?
The net profit margin of Property & Building Corp is about 9.6%, meaning it keeps roughly 9.6% of revenue as net income. Based on the latest reported figures.
Does Property & Building Corp pay a dividend?
Property & Building Corp currently shows a dividend yield of about 0.09% relative to its recent price (as of Jul 18, 2026).

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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