Added to YB: 2026-04-03
Pitch date: 2026-03-29
GLRS.TA [bullish]
Globrands Ltd.
-2.58%
current return
Author Info
No bio for this author
Company Info
Globrands Ltd. distributes consumer goods in Israel. The company operates through the Smoking Products Sector, the Sweet and Snacks Sector, and the Quality of Life Products Sector segments.
Market Cap
ILS 350.6M
Pitch Price
ILS 290.90
Price Target
N/A
Dividend
11.46%
EV/EBITDA
6.30
P/E
5.70
EV/Sales
0.92
Sector
Distributors
Category
special_situation
6x Earnings, 7% Dividend, 76% ROCE, No LT Debt
GLRS.TA: Israel's 2nd-largest tobacco distributor, exclusive deals w/ JTI (45% rev, expires Feb '27) & BAT. 76% ROE, 6x P/E, 7% yield, ₪4M LT debt. Chairman owns 40.5%. Binary risk: JTI renegotiating (likely renewal but worse terms vs prior 33% margin cut). Stock -50% from highs, downside priced in at 6x.
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