Professional
Added to YB: 2025-01-15
Pitch date: 2025-01-12
SHVA.TA [bullish]
Automatic Bank Services Limited
-19.97%
current return
Author Info
No bio for this author
Company Info
Automatic Bank Services Limited operates payment systems for international debit cards in Israel. It serves as an infrastructure for credit card clearing; works with various credit companies as clearers and issuers; and works with distributors and manufacturers, as well as provides service to businesses; and activates the confirmation switch on the ATM devices.
Market Cap
ILS 977.2M
Pitch Price
ILS 24.29
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.32
P/E
19.24
EV/Sales
5.32
Sector
Financial Services
Category
value
GreensKeeper Value Fund Portfolio Holding: Automatic Bank Services Limited
SHVA.TA: Israeli payment network monopoly, similar to Visa. 59% Q4 gain. Visa/Mastercard own 10% each. Regulatory separation from Masab and Israel-Hamas war caused temporary setbacks. Price hikes offset costs. $47M cash, no debt. Q3 report showed record profits. Closing in on intrinsic value, but likely to compound attractively.
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