Company Information

  

Address: Kibbutz Sdot Yam  
City: MP Menashe 
State:  
Zip Code: 38805 
Telephone: 972 4 636 4555 

Description of Business

Primary SIC Code: 3281
(As filed with the SEC)  

Caesarstone Ltd. was founded in 1987 and incorporated in 1989 in the State of Israel. We are a leading manufacturer of high quality engineered quartz surfaces sold under our premium Caesarstone brand. Caesarstone is a pioneer in the engineered quartz surfaces industry. Our products consist of engineered quartz slabs that are currently sold in approximately 50 countries through a combination of direct sales in certain markets performed by our subsidiaries and indirectly through a network of independent distributors in other markets. Our products accounted for approximately 8% of global engineered quartz by volume in 2016. In 2008, 2010 and 2011, we acquired the businesses of our former Australian, Canadian, as well as American and Singaporean distributors, respectively, and established such businesses within our own subsidiaries in such countries. In 2017, we started selling our products in the U.K. directly through our U.K. subsidiary, Caesarstone (UK) Ltd.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20170.73NA30.14
09/20171.30NA22.92
12/20162.08NA13.77
09/20162.19NA17.22
06/20162.17NA16.02
03/20162.11NA16.28
12/20152.19NA19.79
09/20152.28NA13.33

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.23Total Liab/Total Assets0.26
Net Inc/Total Assets0.04Total Liab/Inv Cap0.32
Net Inc/Inv Cap0.05Total Liab/Comm Equity1.48
Pretax Inc/Net Sales0.06Interest Coverage Ratio7.26
Net Inc/Net Sales0.04Curr Debt/Equity0.01
Cash Flow/Net Sales0.10LTD/Equity0.02
SG&A/NetSales0.26Total Debt/Equity0.03
Asset Utilization   Liquidity  
Net Receivables Turnover5.63Quick Ratio1.92
Inventory Turnover3.34Current Ratio2.97
Inventory Day Sales0.01Net Rec/Curr Assets0.28
Net Sales/Work Cap2.35Inv/Curr Assets0.35
Net Sales/PP&E2.71  

Income Statement (Millions)

  12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Revenues(Net Sales) 588.15 538.54 499.52 447.40
Cost of Goods Sold 390.92 326.06 299.29 257.75
Selling & Admin Exps 152.52 116.39 100.79 91.98
Operating Income 40.54 92.80 96.39 95.04
Interest Exp 5.58 3.32 3.09 1.05
Pretax Income 34.96 89.49 93.30 94.00
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 26.20 74.60 77.77 78.44

Balance Sheet (Millions)

Assets 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Cash & Short Term Investments 138.71 106.27 62.75 42.28
Receivables - Total 106.32 102.56 91.42 78.95
Inventories - Total 132.94 101.47 95.48 80.21
Total Current Assets 377.97 310.30 249.70 213.49
Net Property, Plant & Equipment 216.65 222.82 225.44 172.99
Total Assets 652.99 584.70 529.74 439.00
Liabilities        
Accounts Payable 94.02 74.34 74.37 85.20
Debt in Current Liabilities 3.46 3.10 3.25 3.98
Total Current Liabilities 127.46 93.34 80.86 89.18
Long-Term Debt 8.34 8.07 8.47 8.99
Total Liabilities 166.61 134.11 120.68 109.27
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.37 0.37 0.37 0.37
Retained Earnings 356.39 331.33 258.98 181.21
Treasury Stock -39.43 -39.43 0.00 NA
Total Stockholders' Equity 469.90 437.65 400.22 321.01
Total Liabilities and Stockholders' Equity 636.51 571.76 520.90 430.29

Cash Flow Summary (Millions)

Categories 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Cash Provided by Operating Activities 61.02 101.52 85.66 76.02
Net Cash Provided by Investing Activities -22.77 -23.31 -65.74 -27.73
Net Cash Provided by Financing Activities -6.27 -35.62 2.15 -26.67

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013356.5563.341.80
12/2014447.4078.442.22
12/2015499.5277.772.19
12/2016538.5474.602.08
12/2017588.1526.200.73
Growth Rates13.33-19.80-20.20

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1815018,74954.59




Report Date : 7/16/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.