Africa Israel Residences Ltd

Tel Aviv Stock Exchange AFRE.TA

Africa Israel Residences Ltd Return on Equity (ROE) for the year ending December 31, 2023: 11.70%

Africa Israel Residences Ltd Return on Equity (ROE) is 11.70% for the year ending December 31, 2023, a -20.57% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Africa Israel Residences Ltd Return on Equity (ROE) for the year ending December 31, 2022 was 14.73%, a -16.46% change year over year.
Africa Israel Residences Ltd Return on Equity (ROE) for the year ending December 31, 2021 was 17.63%, a 91.96% change year over year.
Africa Israel Residences Ltd Return on Equity (ROE) for the year ending December 31, 2020 was 9.18%, a -10.30% change year over year.
Africa Israel Residences Ltd Return on Equity (ROE) for the year ending December 31, 2019 was 10.24%, a 19.37% change year over year.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

Tel Aviv Stock Exchange: AFRE.TA

Africa Israel Residences Ltd

CEO	Mr. Michael Klein
IPO Date	July 24, 2006
Location	Israel
Headquarters	Yoni Netanyahu 1C
Employees	70
Sector	Consumer Discretionary
Industries Homebuilding Construction

Description

Africa Israel Residences Ltd engages in the development and sale of residential units under the Savyonim brand in Israel. The company is involved in the initiation, planning, development, construction, and marketing of residential housing units; and construction, management, and maintenance of rental housing projects. It also engages in the online sale of penthouses, garden apartments, and duplexes. Africa Israel Residences Ltd was incorporated in 1960 and is based in Or Yehuda, Israel.

Key trends

Past 5 years