Gav Yam (GVYM) AI Stock Analysis

• Market Cap: ₪8.47B
• Dividend Yield: 3.39%
• Average Volume (3M): 121.72K
• Price to Earnings (P/E): 12.7
• Beta (1Y): 1.33
• Revenue Growth: 7.67%
• EPS Growth: 32.63%
• Country: IL
• Employees: 133
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 40.80
• Shares Outstanding: 220,533,940
• 10 Day Avg. Volume: 195,795
• 30 Day Avg. Volume: 121,725
• PEG Ratio: 0.33
• Price to Book (P/B): 1.73
• Price to Sales (P/S): 9.37
• P/FCF Ratio: 21.42
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: 4,360.00 ▲(13.10% Upside)
• Action: Reiterated Date: 02/09/26
• Date: Action: Reiterated 02/09/26

The score is primarily driven by strong reported profitability and reasonable valuation with a solid dividend yield. It is held back by rising leverage and cash-flow timing volatility, while technicals are mixed with neutral momentum and only moderate trend support.

Positive Factors

Strong profitability & margins

Sustained high gross and net margins in 2024–2025 indicate the company earns durable economic returns on its properties and projects. Strong margins support long-term cash generation, reinvestment capacity and resilience to cyclical rental pressure across office, retail and industrial segments.

High free cash flow conversion

Nearly one-to-one conversion of net income to free cash flow shows earnings are high quality and largely collectible. Reliable FCF supports dividends, debt service and development funding, improving the firm's ability to execute multi-year development and rental strategies.

Diversified commercial portfolio & revenue streams

A mix of long-term leases, development projects and strategic partnerships spreads revenue risk across tenant types and project cycles. This diversification supports steadier cash flows, provides multiple growth levers and reduces single-segment dependence over a 2–6 month horizon and beyond.

Negative Factors

Rising leverage

The upward debt-to-equity trend to ~2.0x materially increases financial risk and reduces flexibility to fund opportunistic investments or weather downturns. Higher leverage elevates interest burden and refinancing exposure, making multi-quarter capital planning more constrained.

Operating cash flow timing weakness

Weakened operating cash flow versus earnings points to working-capital or project timing mismatches. This structural timing volatility can create quarters where profits do not translate to liquidity, complicating debt servicing and capital allocation over medium-term planning horizons.

Earnings volatility from project timing

Earnings that fluctuate with project completions and valuation adjustments make revenue and profit streams less predictable. For a developer/operator, this structural volatility can impact forecasting, capital commitments and stakeholder confidence across multi-quarter project cycles.

Gav Yam Business Overview & Revenue Model

Company Description

Gav-Yam Lands Corp. Ltd operates as a real estate company in Israel. It initiates, plans, constructs, develops, leases, maintains, and manages high-tech, and industrial and commercial parks and centers, offices, logistic centers, and residential neighborhoods. The company was formerly known as Bayside Land Corporation Ltd and changed its name to Gav-Yam Lands Corp. Ltd in June 2021. Gav-Yam Lands Corp. Ltd was founded in 1928 and is based in Haifa, Israel.

How the Company Makes Money

Gav Yam generates revenue through multiple streams, primarily from leasing commercial properties to tenants across its portfolio. The company earns rental income from long-term leases, which provides a stable cash flow. Additionally, GVYM engages in property development projects, generating profits from the sale or lease of newly developed spaces. Strategic partnerships with local and international investors also contribute to its revenue, allowing for co-investment opportunities in larger projects. Furthermore, the company may benefit from property appreciation over time, enhancing its overall asset value and potential returns on investment.

Gav Yam Financial Statement Overview

Summary

Strong profitability and improving 2025 momentum support the score, with free cash flow broadly tracking net income. Offsetting this, leverage has trended higher (debt-to-equity rising to ~2.0x) and cash flow timing/working-capital effects have weakened operating cash flow relative to earnings, adding risk and volatility.

Income Statement

Revenue growth re-accelerated in 2025 (annual +3.8% vs. near-flat in 2024), while profitability remains very strong with high gross and net margins in 2024–2025. Net income also improved meaningfully in 2025 versus 2024. The main offset is volatility across the period—2021–2022 showed unusually high profit levels and margins that later normalized, suggesting earnings can swing with project timing and valuation effects.

Balance Sheet

The company is moderately leveraged for the sector, with debt-to-equity rising to ~2.0x in 2025 from ~1.5x in 2021, alongside a steady increase in total debt over time. Equity has grown and return on equity remains solid in 2024–2025, but it is well below the peak levels seen in 2021–2022. Overall, the balance sheet is supported by a growing asset base, yet the upward leverage trend increases financial risk and reduces flexibility.

Cash Flow

Cash generation is positive and free cash flow closely tracks net income (roughly ~96–99% in recent years), which is a quality signal for earnings conversion. Free cash flow returned to growth in 2025 after a slight decline in 2024. However, operating cash flow relative to reported earnings is low and has weakened over time (2025 well below earlier years), indicating that working-capital and project cash timing can create periods where profits outpace cash.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	906.56M	822.06M	758.75M	649.01M	669.41M
Gross Profit	756.56M	689.05M	654.10M	481.52M	599.01M
EBITDA	1.38B	1.09B	1.10B	1.74B	1.84B
Net Income	670.28M	478.40M	499.36M	935.56M	1.09B
Balance Sheet
Total Assets	18.77B	16.93B	15.43B	14.69B	11.81B
Cash, Cash Equivalents and Short-Term Investments	772.30M	732.01M	1.00B	1.61B	1.13B
Total Debt	9.92B	8.66B	7.90B	7.50B	5.48B
Total Liabilities	12.32B	10.98B	9.91B	9.55B	7.23B
Stockholders Equity	4.91B	4.51B	4.21B	3.97B	3.61B
Cash Flow
Free Cash Flow	396.58M	466.91M	575.34M	451.69M	641.61M
Operating Cash Flow	413.54M	476.87M	589.72M	461.86M	645.81M
Investing Cash Flow	-1.12B	-697.33M	-165.67M	-1.48B	-699.91M
Financing Cash Flow	736.61M	56.62M	-184.81M	1.08B	-1.20B

Gav Yam Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3855.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:GVYM, the sentiment is Negative. The current price of 3855 is below the 20-day moving average (MA) of 4045.70, below the 50-day MA of 4023.95, and above the 200-day MA of 3740.55, indicating a neutral trend. The MACD of -68.12 indicates Positive momentum. The RSI at 43.56 is Neutral, neither overbought nor oversold. The STOCH value of 26.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IL:GVYM.

Gav Yam Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GVYM	68 Neutral	₪8.47B	12.67	―	3.39%	7.67%	32.63%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
ISCN	59 Neutral	₪7.21B	17.82	―	0.45%	48.74%	-82.72%
PRSK	54 Neutral	₪4.03B	32.04	―	1.21%	61.27%	35.14%
ASHG	51 Neutral	₪7.89B	58.05	―	0.99%	8.03%	―