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Sella Capital Real Estate Ltd (SLARL) Fair Value & Analysis

Real Estate · Il · Market cap 2.2B ILA

SC Sella Capital Real Estate Ltd SLARL · TA
Price8.74 ILA
Fair Value9.80 ILA
Upside+12.1%
Quality52/100
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Healthy Growth
Highly profitable · 62.3% net margin
Moderate debt · generates free cash flow
0.08% dividend yield
Ranks above peers (11/14)
Wide moat 67/100
Evidence: High Range 6.42 ILA – 18.84 ILA Share as image

Fair value as of: Jul 17, 2026

From 16 valuation models · updated 23 days ago

Share price −9.3% over the past month.

A solid business, screening 12% undervalued on our models.

What matters now

  • The model range is unusually wide (6.42 ILA to 18.84 ILA). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • 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)

12.71 ILA 5.29 ILA Fair Value 9.80 ILA Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 5.29 ILA – 12.71 ILA · fair‑value band 6.42 ILA – 18.84 ILA · the 8.74 ILA price screens below the 9.80 ILA fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Sella Capital Real Estate Ltd (SLARL) currently trades at 8.74 ILA, while our model-based Fair Value estimate is 9.80 ILA, implying the stock looks roughly 12.1% undervalued today. The Quality Score stands at 52/100 (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, Sella Capital Real Estate Ltd generated revenue of 400M ILA at a net margin of 62.3%. Revenue grew 3.1% year over year. It earns a return on equity of 9.6%. Net debt stands at 3.1B ILA. Fundamentals as of Jul 17, 2026

Our scenario range runs from 6.42 ILA (bear case) to 18.84 ILA (bull case); at 8.74 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 -22% fair-value upside, at 12%, SLARL 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
Growth DCF 3.06 ILA 15.33 ILA 37.26 ILA 80
Residual Income 9.58 ILA 10.73 ILA 17.36 ILA 76
Rev-Margin DCF 7.33 ILA 18.34 ILA 74
All 16 models by family
DCF Models
FCF DCF 3.62 ILA 13.11 ILA 38.27 ILA 38
5Y Revenue Exit 7.26 ILA 20.09 ILA 39
5Y EBITDA Exit 2.35 ILA 13.24 ILA 30.53 ILA 41
10Y Revenue Exit 0.5300 ILA 9.36 ILA 21.21 ILA 36
10Y EBITDA Exit 2.66 ILA 14.18 ILA 34.28 ILA 37
Dividend Discount
Gordon GGM 4.49 ILA 8.95 ILA 13.55 ILA 70
DDM Multi-Stage 4.49 ILA 7.73 ILA 9.45 ILA 61
Multiples
P/S Multiple 7.55 ILA 10.07 ILA 12.59 ILA 58
P/B Multiple 14.93 ILA 19.90 ILA 24.88 ILA 55
EV/EBIT 5.68 ILA 10.88 ILA 16.08 ILA 53
EV/EBITDA 2.22 ILA 6.27 ILA 10.32 ILA 54
EV/Revenue 0.9300 ILA 4.18 ILA 43
Asset-Based
NCAV (Graham) 5.40 ILA 7.24 ILA 10.80 ILA 50
Growth DCF
Growth DCF 3.06 ILA 15.33 ILA 37.26 ILA 80
Rev-Margin DCF 7.33 ILA 18.34 ILA 74
Economic Profit
Residual Income 9.58 ILA 10.73 ILA 17.36 ILA 76

Widest divergence: DCF Models (13.11 ILA) versus Asset-Based (7.24 ILA). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 400M ILA
Revenue growth (YoY) +3.1%
Net margin 62.3%
Return on equity 9.6%
Free cash flow 241M ILA FY2025
P/E ratio 9.1
More key figures
Operating margin 77.5%
EPS (TTM) 0.9600 ILA
Dividend yield 0.1%
EPS growth (YoY) -71.4%
Net debt 3.1B ILA FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 51 · Market factors (momentum, volatility) 36

Profitability 40
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 80
Earnings quality: real cash, not paper profit
Fin. Strength 35
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 88
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 20
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

Sella Capital Real Estate Ltd., a real estate investment trust, is engaged in the acquisition, management, holding, and rental of yielding real estate properties in Israel.

Full company description

Sella Capital Real Estate Ltd., a real estate investment trust, is engaged in the acquisition, management, holding, and rental of yielding real estate properties in Israel. The company operates office buildings, shopping centers, industrial buildings, and residential apartments for professionals, commercial companies, high- tech companies, and government institutions. As of December 31, 2013, it had a total rentable area of 116,880 square meters and 70,000 square meters of parking areas. The company was incorporated in 2007 and is headquartered in Ramat Gan, Israel.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sella Capital Real Estate Ltd reported revenue of 397M ILA in FY2025 versus 261M ILA in FY2021, a compound +11.1%/yr. Reported net income was 300M ILA in FY2025, compounding −4.2%/yr from FY2021.

Growth Quality 88/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
397M ILS
Latest YoY
+7.0%
Avg. growth/yr (3Y)
+8.0%
Avg. growth/yr (5Y)
+10.8%
Avg. growth/yr (18Y)
+40.2%
Revenue +11.1%/yr
FY21 261M ILA
FY22 315M ILA
FY23 354M ILA
FY24 371M ILA
FY25 397M ILA
Net income −4.2%/yr
FY21 357M ILA
FY22 266M ILA
FY23 180M ILA
FY24 213M ILA
FY25 300M ILA

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Cite: Fair Value Calculator (2026). "Sella Capital Real Estate Ltd Fair Value". https://www.fairvalue-calculator.com/stock/SLARL

Peer Group

REIT - Diversified · 165 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 53 · Below median
Fair Value upside +12% · Above median
Return on equity (TTM) 10% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) 62% · Top 25%
Operating margin (TTM) 78% · Top 25%
Revenue growth 3% · Above median
Dividend yield (TTM) 0.1% · Below median
Debt / equity 0.99× · Higher than 75% of peers

Valuation Multiples vs REIT - Diversified median · lower = cheaper

P/E (TTM) 9.1× · Cheaper than median
P/B 0.26× · Cheaper than 75% of peers
P/S (TTM) 1.82× · Cheaper than 75% of peers
P/FCF 3.0× · Cheaper than median
EV/EBITDA 10.4× · 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 49 · sector 13
FUTURE 16 · sector 13
PAST 38 · sector 20
HEALTH 50 · sector 72
DIVIDEND 2 · sector 97

Insider activity: 40/100

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 REIT - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Goodman Group GMG A$29.11 A$7.37 -75%
VICI Properties Inc VICI $26.73 $41.74 +56%
W. P. Carey Inc WPC $76.69 $35.59 -54%
Charter Hall Group CHC A$21.90 A$11.46 -48%
Fibra Uno FUNO11 31.10 MXN 63.56 MXN +104%
COV COV €52.55 €62.39 +19%
The GPT Group GPT A$4.89 A$3.49 -29%
Mirvac Group MGR A$1.70 A$0.5700 -66%
KLCC Property Holdings 5235SS 8.85 MYR 6.91 MYR -22%
CRRUN CRRUN C$17.65 C$17.89 +1%

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Frequently asked questions

Is Sella Capital Real Estate Ltd (SLARL) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 9.80 ILA versus a price of 8.74 ILA, about +12% (undervalued).
What is the fair value of SLARL?
Our model-based fair value for Sella Capital Real Estate Ltd is 9.80 ILA (as of Jul 17, 2026), built from audited fundamentals. The current price is 8.74 ILA.
What is the quality score of SLARL?
Sella Capital Real Estate Ltd has a Quality Score of 52/100. 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 Sella Capital Real Estate Ltd (SLARL)?
Sella Capital Real Estate Ltd reported trailing-twelve-month revenue of about 400M ILS (latest available figure, as of Jul 17, 2026).
What is the net profit margin of SLARL?
The net profit margin of Sella Capital Real Estate Ltd is about 62.3%, meaning it keeps roughly 62.3% of revenue as net income. Based on the latest reported figures.
Does Sella Capital Real Estate Ltd pay a dividend?
Sella Capital Real Estate Ltd currently shows a dividend yield of about 0.06% relative to its recent price (as of Jul 17, 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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