KEYSTONE REIT LTD (IL:KSTN)
TASE:KSTN
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Keystone Reit
(TASE:KSTN)
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Rating:69Neutral
Price Target:
2,048.00
▲(106.66% Upside)
Action:DowngradedDate:03/27/26
The score is driven primarily by improved but variable financial performance: rapid growth and strong recent profitability are offset by volatile margins/earnings quality signals, rising leverage, and uneven cash-flow support. Technically, the stock is in a strong uptrend but looks overbought (RSI ~80; Stoch ~97.8), which adds near-term risk. Valuation is supportive due to a very low P/E and a moderate dividend yield, though earnings volatility reduces confidence in the headline multiple.
Positive Factors
Rapid Revenue Scale
Sustained, large revenue expansion demonstrates the company successfully scaled operations and market reach, creating a bigger income base and improving potential fixed-cost absorption. Over a 2–6 month horizon, this scale supports sustained cash generation and strategic optionality for asset deployment.
Negative Factors
Earnings Quality / Margin Volatility
Large, historical swings in margins and episodes of negative gross profit indicate earnings contain non‑recurring or valuation-related items, reducing predictability of core cash returns. This undermines confidence in sustainable distributable income and complicates multi‑period planning and valuation.
Read all positive and negative factors
Positive Factors
Negative Factors
Rapid Revenue Scale
Sustained, large revenue expansion demonstrates the company successfully scaled operations and market reach, creating a bigger income base and improving potential fixed-cost absorption. Over a 2–6 month horizon, this scale supports sustained cash generation and strategic optionality for asset deployment.
Read all positive factors
Keystone Reit (KSTN) vs. iShares MSCI Israel ETF (EIS)
Market Cap
₪3.76B
Dividend Yield4.46%
Average Volume (3M)128.96K
Price to Earnings (P/E)2.0
Beta (1Y)0.91
Revenue Growth-8.03%
EPS Growth135.97%
CountryIL
EmployeesN/A
SectorReal Estate
Sector Strength53
IndustryREIT - Specialty
Share Statistics
EPS (TTM)N/A
Shares Outstanding204,392,960
10 Day Avg. Volume146,942
30 Day Avg. Volume128,964
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.61
Price to Sales (P/S)7.83
P/FCF Ratio15.46
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Keystone Reit Business Overview & Revenue Model
Company Description
Keystone REIT Ltd. operates in the asset management and custody banks industry. The company was incorporated in 2022 and is based in Israel....
Keystone Reit Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
68
Positive
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 236.66M | 282.19M | 863.00K | 873.00K | 826.00K |
| Gross Profit | 196.03M | 282.19M | -30.20M | -14.90M | -4.45M |
| EBITDA | 1.22B | 232.54M | 601.07M | 158.16M | 85.14M |
| Net Income | 941.76M | 193.36M | 443.88M | 94.74M | 62.50M |
Balance Sheet | |||||
| Total Assets | 4.99B | 3.49B | 3.13B | 2.72B | 1.51B |
| Cash, Cash Equivalents and Short-Term Investments | 313.94M | 378.89M | 80.90M | 140.12M | 536.75M |
| Total Debt | 1.55B | 1.13B | 1.05B | 1.17B | 458.90M |
| Total Liabilities | 1.94B | 1.35B | 1.27B | 1.25B | 494.48M |
| Stockholders Equity | 3.04B | 2.15B | 1.86B | 1.47B | 1.01B |
Cash Flow | |||||
| Free Cash Flow | 119.91M | 169.63M | 210.05M | 127.83M | 37.70M |
| Operating Cash Flow | 119.91M | 169.63M | 210.05M | 127.83M | 37.73M |
| Investing Cash Flow | -520.14M | -23.31M | -80.88M | -1.57B | -367.11M |
| Financing Cash Flow | 335.29M | 151.66M | -188.39M | 1.04B | 846.66M |
Keystone Reit Technical Analysis
Positive
991.00
Price Trends
1454.50
Positive
1236.74
Positive
1041.01
Positive
Market Momentum
122.22
Negative
71.92
Negative
80.65
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:KSTN, the sentiment is Positive. The current price of 991 is below the 20-day moving average (MA) of 1645.60, below the 50-day MA of 1454.50, and below the 200-day MA of 1041.01, indicating a bullish trend. The MACD of 122.22 indicates Negative momentum. The RSI at 71.92 is Negative, neither overbought nor oversold. The STOCH value of 80.65 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:KSTN.
Keystone Reit Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₪3.76B | 1.97 | ― | 4.46% | -8.03% | 135.97% | |
66 Neutral | ₪1.82B | 8.47 | ― | 5.49% | ― | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
64 Neutral | ₪1.42B | 3.18 | ― | 3.51% | 1.43% | 238.96% | |
52 Neutral | ₪1.47B | 18.04 | ― | 3.87% | -5.51% | 35.48% |
* Real Estate Sector Average
IL:KSTN
Keystone Reit
1,839.00
1,213.79
194.14%
IL:ILDC
Land Dev
3,628.00
795.21
28.07%
IL:KARE
Kardan Real Es
553.00
75.86
15.90%
IL:ROTS
Rotshtein
8,116.00
1,519.28
23.03%
IL:HGG
Hagag
2,588.00
959.00
58.87%
IL:MNRT
Menivim Reit
216.50
48.49
28.86%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.