MeritValue

G WILLI FOOD INTERNATIONAL LTD

WILCFdata completeness 88%4 fiscal years on file
The thesis, from the filings

G WILLI FOOD INTERNATIONAL LTD earns about 12% on invested capital, with a roughly flat share count. The applicable estimate puts fair value near $11.23 a share. Whether it’s worth owning at today’s price is the last question — and yours to answer, below.

i. The business — what you’d actually own
FigureFY 2022FY 2023FY 2024FY 2025
Revenue$141.6M1$149.8M2$157.9M3$191.4M4
Net income$11.8M5$8.73M6$19.3M7$28.3M8
Operating cash flow−$7.81M9$566,00010−$7.5M11$18.4M12
Capital expenditure$3.79M13$1.27M14$1.49M15$1.82M16
Free cash flow (derived)−$11.6M9,13−$704,00010,14−$8.98M11,15$16.6M12,16
Total debt————
Cash & equivalents$41.5M17$37.7M18$38.5M19$38.9M19
Diluted shares13.9M13.9M13.9M13.9M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom). A derived or summed figure cites every filing line it was built from.

ii. Your slice — ownership made literal
If you owned
shares
Net assets behind them
$147.42
your share of equity
Profit it earned you last year
$20.35
Free cash flow it threw off
$11.93
Debt you’d be carrying
—

10 shares is a claim on $147.42 of net worth that earned you $20.35 and generated $11.93 of cash last year.

iii. Is this a good business?
Moat signal · return on invested capital
12% avg · 4y
FY22 10%FY23 8%FY24 15%FY25 17%

It earned an average 12% on invested capital over 4 years. Compare that to what it costs to fund the business.

seeing a moat in the numbers →
Management signal · capital allocation
+0% shares · 4y

Share count is roughly flat over 4 years — little dilution, little buyback.

reading capital allocation →

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.6.0
DCF · Growth Exit 10Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
DCF · Growth Exit 5Y
not applicable
3y-median FCF non-positive — growth-exit DCF not applicable (see EPV)
Earnings Power Value
$11.23
assumptions (8)
  • Risk-free rate (10Y Treasury)4.94%
  • Equity risk premium5.00%
  • Beta (β)1.00
  • Equity share of capital85.0%
  • Debt spread over risk-free1.50%
  • Tax rate21.0%
  • Normalized earnings$15.5M
  • Growth assumed0.0%
Graham Number
$26.01
assumptions (1)
  • Graham multiplier (P/E × P/B)22.5×

Different models answer different questions — which to trust when →

Beyond this page

This page is free, and so is every other company on MeritValue.

In your AI assistant

Connect the MeritValue MCP server to Claude or another MCP client, ask about G WILLI FOOD INTERNATIONAL LTD, and get these exact figures with their filing receipts — not an improvised DCF.

Get a free key →
Screen by model

Pull the companies with a published value under any model (up to 500 a request, filtered by data completeness) into your own sheet or agent. Screening is what Analyst adds, at $9/month.

See pricing →
On iPhone

Follow WILCF and keep your own price beside the value. The same engine, with the same receipts.

MeritValue on the App Store →
Sources — the receipts
  1. 20-F filed 2023-03-23 · period ending 2022-12-31 · accession 0001178913-23-001103 (Revenue)
  2. 20-F filed 2024-03-21 · period ending 2023-12-31 · accession 0001178913-24-001024 (Revenue)
  3. 20-F filed 2025-03-17 · period ending 2024-12-31 · accession 0001178913-25-000860 (Revenue)
  4. 20-F filed 2026-03-24 · period ending 2025-12-31 · accession 0001178913-26-001606 (Revenue)
  5. 20-F filed 2023-03-23 · period ending 2022-12-31 · accession 0001178913-23-001103 (ProfitLoss)
  6. 20-F filed 2024-03-21 · period ending 2023-12-31 · accession 0001178913-24-001024 (ProfitLoss)
  7. 20-F filed 2025-03-17 · period ending 2024-12-31 · accession 0001178913-25-000860 (ProfitLoss)
  8. 20-F filed 2026-03-24 · period ending 2025-12-31 · accession 0001178913-26-001606 (ProfitLoss)
  9. 20-F filed 2023-03-23 · period ending 2022-12-31 · accession 0001178913-23-001103 (CashFlowsFromUsedInOperatingActivities)
  10. 20-F filed 2024-03-21 · period ending 2023-12-31 · accession 0001178913-24-001024 (CashFlowsFromUsedInOperatingActivities)
  11. 20-F filed 2025-03-17 · period ending 2024-12-31 · accession 0001178913-25-000860 (CashFlowsFromUsedInOperatingActivities)
  12. 20-F filed 2026-03-24 · period ending 2025-12-31 · accession 0001178913-26-001606 (CashFlowsFromUsedInOperatingActivities)
  13. 20-F filed 2023-03-23 · period ending 2022-12-31 · accession 0001178913-23-001103 (PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities)
  14. 20-F filed 2024-03-21 · period ending 2023-12-31 · accession 0001178913-24-001024 (PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities)
  15. 20-F filed 2025-03-17 · period ending 2024-12-31 · accession 0001178913-25-000860 (PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities)
  16. 20-F filed 2026-03-24 · period ending 2025-12-31 · accession 0001178913-26-001606 (PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities)
  17. 20-F filed 2024-03-21 · period ending 2022-12-31 · accession 0001178913-24-001024 (CashAndCashEquivalents)
  18. 20-F filed 2025-03-17 · period ending 2023-12-31 · accession 0001178913-25-000860 (CashAndCashEquivalents)
  19. 20-F filed 2026-03-24 · periods ending 2024-12-31, 2025-12-31 · accession 0001178913-26-001606 (CashAndCashEquivalents)