FMS Enterprises Migun
FMS Enterprises Migun Ltd manufactures and sells ballistic protection raw materials and products worldwide. Based in Petah Tikva.
FMS Enterprises Migun: net income sharply down (−15.0%), sales stable (−1.2%), cash flow sharply up (+155.5%).
- Net income sharply downH1 2026
Net income: $17M, vs. $20M a year earlier, i.e. −15.0%.
- Sales stableH1 2026
Revenue: $56M, vs. $57M a year earlier, i.e. −1.2%.
- Cash flow sharply upH1 2026
Operating cash flow: $14M, vs. $5M a year earlier, i.e. +155.5%.
- Operating income downH1 2026
Operating income: $18M, vs. $21M a year earlier, i.e. −10.8%.
What the market pays, vs. the sector
This company's valuation multiples history is being built day by day from now on.
P/E calculated on net income (trailing 12 months: last fiscal year + H1 2026 − same period a year earlier). Sector median: companies in the group tracked here. Prices: Yahoo Finance; market cap cross-checked with the Tel Aviv Stock Exchange for Israeli stocks. These ratios describe a price, not a value: none of them says whether the share is expensive or cheap.
Dividend per share, over 5 years
Total dividends per share paid each calendar year (5 year(s) out of 5 with a payment). Source: Yahoo Finance. The current year is not complete.
Trades by executives and interested parties
1 filing(s) over 12 months · on shares: 0 increase(s) and 1 decrease(s) in holdings.
| Date | Holder | Security | Direction | Quantity | Price | |
|---|---|---|---|---|---|---|
| 23/01/2026 | BLUM DANIEL Director | Shares | Down | 1,380,000 | ₪250.16 | Maya › |
Filings submitted on Maya (executives, directors, shareholders above 5%). An increase or decrease in holdings may come from a purchase or sale on the exchange, but also from a grant or exercise of options (price "—": grant with no price). Bonds excluded. For details, see the filing on Maya.
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Financial summary
| S1 2026 | S1 2025 | FY 2025 | |
|---|---|---|---|
| Total assets | 172 | 167 | 170 |
| Current assets | 139 | 144 | 143 |
| Non-current assets | 33 | 23 | 27 |
| Equity | 151 | 152 | 154 |
| of which minority interests | 0 | 0 | 0 |
| Current liabilities | 10 | 9 | 10 |
| Non-current liabilities | 10 | 6 | 6 |
| Revenue | 56 | 57 | 121 |
| Gross profit | 23 | 25 | 53 |
| Operating income | 18 | 21 | 44 |
| Pre-tax income | 20 | 24 | 50 |
| Net income | 17 | 20 | 42 |
| Net income (attributable to shareholders) | 17 | 20 | 42 |
| Dividends paid | −20 | −30 | −50 |
| Operating cash flow | 14 | 5 | 29 |
In millions of dollars. The "H1" columns cover the first six months of the year.
Calculated from these figures
| S1 2026 | S1 2025 | FY 2025 | |
|---|---|---|---|
| Gross margin | 41.5% | 44.1% | 43.6% |
| Operating margin | 32.8% | 36.3% | 36.0% |
| Net margin | 30.7% | 35.7% | 34.3% |
| Current ratio (current assets / current liabilities) | 13,3 x | 16,3 x | 14,7 x |
| Equity / total assets | 87.8% | 91.2% | 90.6% |
The 5-year history, charts and cross-check models are coming for companies listed only in Tel Aviv: each new filing on Maya is kept and enriches the page.
Company overview
FMS Enterprises Migun Ltd manufactures and sells ballistic protection raw materials and products worldwide. The company offers uni-directional (UD) polyethylene and aramid fabrics; personal, vehicle panel protection; and vehicle protection, such as civilian, military, composite armor kits, and boat armor. It also provides soft armor; hard armor, including ceramic body armour plates against armour piercing threats, groin protection plates, neck protection plates, and composite plates under the FAMOSTONE brands; and ballistic shields used by law enforcement personnel, such as police or special forces. The company's products are used for personal ballistic protection, vehicle armoring, ship armoring, and aircraft armoring applications. FMS Enterprises Migun Ltd was incorporated in 1986 and is based in Petah Tikva, Israel.
Source: official company profile (Yahoo Finance), summary. Website: www.fms.co.il
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