Land Dev (ILDC) AI Stock Analysis

• Market Cap: 1.33B
• Dividend Yield: 4.52%
• Average Volume (3M): 149.12K
• Price to Earnings (P/E): 13.0
• Beta (1Y): 1.97
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IL
• Employees: 100
• Sector: Real Estate
• Sector Strength: 66
• Industry: Real Estate - Services
• EPS (TTM): 2.35
• Shares Outstanding: 40,459,747
• 10 Day Avg. Volume: 75,470
• 30 Day Avg. Volume: 149,122
• PEG Ratio: -0.74
• Price to Book (P/B): 0.98
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.80
• 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

• Rating: 67 Neutral
• Price Target: 3,411.00 ▲(10.03%Upside)

Land Dev's overall stock score is primarily driven by its strong financial performance in terms of revenue growth and profitability, though offset by concerns over high leverage and negative cash flow. Technical analysis supports a stable outlook with potential for upward momentum. The stock's valuation is attractive, supported by a reasonable P/E ratio and a healthy dividend yield.

Land Dev Business Overview & Revenue Model

Company Description

Land Dev (ILDC) is a prominent real estate development company that specializes in transforming raw land into developed properties across various sectors, including residential, commercial, and industrial real estate. The company focuses on large-scale projects, offering services that encompass planning, zoning, infrastructure development, and construction management to create sustainable and thriving communities.

How the Company Makes Money

ILDC generates revenue primarily through the development and sale of real estate properties. The company purchases undeveloped land, enhances its value through strategic planning and development, and sells the finished projects to residential buyers, commercial tenants, or real estate investors. Key revenue streams include direct sales of developed properties, leasing agreements, and property management services. Additionally, ILDC may enter into joint ventures or partnerships with other developers or financial institutions to finance large projects, thus sharing risks and profits. The company also benefits from favorable market conditions and government incentives that support real estate development.

Land Dev Financial Statement Overview

Summary

Land Dev exhibits strong revenue growth and profitability, with notable gross and EBIT margins. However, high leverage and negative cash flow are significant risks that need addressing.

Income Statement

Land Dev has shown a consistent increase in revenue over the years, with a notable revenue growth rate of 4.2% from 2023 to 2024. The gross profit margin stands at 44.5% and net profit margin at 9.8% for 2024, indicating healthy profitability despite a decrease in net income from 2022. The EBIT margin is exceptionally high at 81.1%, reflecting strong operational efficiency.

Balance Sheet

The company maintains a high debt-to-equity ratio of 3.45, suggesting significant leverage which poses a risk. However, the equity ratio is 16.8%, showing a moderate portion of assets funded by equity. ROE is 5.1%, indicating modest returns on equity investments.

Cash Flow

Land Dev's cash flow situation is concerning, with a negative free cash flow of -835.8 million and a declining operating cash flow to net income ratio. The company has struggled to generate positive free cash flow, which could impact its ability to fund operations without additional financing.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
933.84M	896.38M	672.68M	478.12M	354.54M
	Gross Profit
415.89M	386.33M	346.00M	198.87M	158.44M
	EBIT
757.06M	179.09M	699.42M	726.52M	189.27M
	EBITDA
770.25M	340.62M	808.40M	730.28M	163.31M
	Net Income Common Stockholders
91.29M	69.16M	221.46M	222.01M	23.85M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
814.72M	460.12M	486.67M	467.75M	379.43M
	Total Assets
10.59B	9.22B	8.63B	6.81B	5.79B
	Total Debt
6.14B	5.17B	4.73B	3.86B	3.53B
	Net Debt
5.33B	4.71B	4.25B	3.44B	3.16B
	Total Liabilities
7.38B	6.38B	5.98B	4.82B	4.22B
	Stockholders Equity
1.78B	1.58B	1.50B	1.17B	927.01M
Cash Flow		Free Cash Flow
-835.77M	-641.61M	-388.00M	-483.22M	-435.19M
	Operating Cash Flow
-33.48M	-27.20M	255.61M	143.74M	-69.58M
	Investing Cash Flow
-823.77M	-200.84M	-877.94M	-612.30M	-342.01M
	Financing Cash Flow
1.22B	161.15M	688.94M	537.33M	446.25M

Land Dev Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3100.00
• 50DMA: Positive
• 100DMA: Positive
• 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:ILDC, the sentiment is Positive. The current price of 3100 is below the 20-day moving average (MA) of 3161.80, above the 50-day MA of 3043.90, and below the 200-day MA of 3171.90, indicating a bullish trend. The MACD of 19.41 indicates Positive momentum. The RSI at 58.79 is Neutral, neither overbought nor oversold. The STOCH value of 62.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:ILDC.

Land Dev Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DLEKG	79 Outperform	11.78B	10.40	11.86%	8.36%	5.86%	-3.40%
AZRM	68 Neutral	4.00B	24.84		1.00%	37.48%	-5.87%
ILDC	67 Neutral	1.33B	13.04		4.52%	―	―
AFHL	67 Neutral	925.97M	15.82		2.16%	-15.70%	3972.94%
RANI	67 Neutral	776.29M	8.62		―	―	―
Sector *	61 Neutral	$2.84B	10.78	0.41%	6.09%	6.01%	-21.16%
ISCN	55 Neutral	4.15B	27.67		0.60%	―	―

Land Dev Corporate Events

Land Dev Israel Announces Key Shareholder Meeting

Land Dev Israel Ltd. has announced a shareholder meeting scheduled for March 18, 2025, to approve financial statements, the distribution of dividends, and appoint an auditor for the upcoming fiscal year. This meeting marks an important step in the company’s financial management and governance, potentially impacting its operational transparency and stakeholder confidence.

Land Dev Aligns Director Compensation with External Director Standards

Land Dev has announced a board-approved compensation policy aligning the salaries of its directors, including those among the controlling shareholders, with the maximum amount paid to external directors as per the Companies Regulations. This move, in accordance with the company’s compensation policy established in June 2023, ensures that director compensation does not exceed that of external directors, reflecting a commitment to equitable remuneration practices.

Land Dev Announces Changes in Senior Holdings and Voting Power

Land Dev, operating within the financial industry, recently announced changes in holdings among its senior office holders and interested parties. The report reveals significant reductions in securities holdings by key individuals such as Ofer Nimrodi, Shimshon Marfogel, Alexander Mariash, and Oded Setter, reflecting shifts in their voting power and capital influence within the company.

Land Dev Company Reports Change in Securities Holders

Land Dev Company, based in the British Virgin Islands, announced a change in their securities holders due to the partial expiration of employee stock options. This resulted in a decrease of 168,671 options in the ‘Options for Employees 2/21’ series, affecting the holdings of Isup Management and Trustees Ltd.