Bikurey Hasade

Growing & marketing fresh fruits & vegetables.

Sector: CommerceMarket cap: NIS 675M
All analyses

Analyses on Bikurey Hasade (1)

Bikurei Hasadeh 2025: Profit rose, but the business leans more heavily on credit, inventory and suppliers

Bikurei Hasadeh ends 2025 as a more profitable company, but also as one leaning more heavily on inventory, bank credit and supplier financing to run three engines at once.

March 27, 2026
Follow-up dives

Follow-up dives on Bikurey Hasade (3)

Follow-up

Bikurei Hasadeh: Shuk Ha'ir after the move to 100%, footprint, margin and capital allocation

Bikurei Hasadeh's move to 100% ownership in Shuk Ha'ir matters mainly as an ownership clean-up and a full-capital-allocation move, but the 2025 numbers still do not prove that the chain has become a clean earnings engine. Gross margin on store sales improved, yet the retail segm…

March 27, 2026
Follow-up

Bikurei Hasadeh: The non-bank finance engine, underwriting quality and the price of growth

Bikurei Hasadeh's non-bank finance engine is already large enough to affect group earnings quality, but it is currently growing faster than the profit it produces. Underwriting looks reasonable and customer dispersion is improving, yet the price is heavy balance-sheet and liabil…

March 27, 2026
Follow-up

Bikurei Hasadeh: The working-capital map, bank credit and supplier financing

Bikurei Hasadeh finished 2025 with positive working capital, but the improvement comes mainly from a larger and longer credit book rather than from a stronger cash position. Banks are carrying more of the load, suppliers are no longer stretching in parallel, and leases leave a f…

March 27, 2026