Shamir Optical Industry Ltd. (SHMR) - Financial and Strategic SWOT
Analysis Review
Reference Code: GDME2040FSA Publication Date: DEC 2010
Kibbutz Shamir Phone +972 4 6947810 Revenue 142.4 (million USD)
Upper Galilee Fax +972 4 6951302 Net Profit 12.79 (million USD)
12135 Website www.shamir.com Employees 1,437
Israel Exchange SHMR [NASDAQ] Industry Medical Equipment
Company Overview
Shamir Optical Industry Ltd. (Shamir) is a medical technology company that is engaged in the designing, development,
manufacturing and marketing of innovative progressive lenses, molds and ophthalmic products for the spectacle lens market. The
lenses are surfaced using advanced FreeForm technology. The company operates as a single segment and it classifies its
product lines into Lenses and Design services. The Lenses product line produces progressive lenses and freeform lenses and
through Design services it provides research and development services and molds. The company principally operates in the
North and South America, Europe, Middle East and Africa, and Asia Pacific.
Key Executives SWOT Analysis
Name Title Shamir Optical Industry Ltd., SWOT Analysis
Uzi Tzur Chairman Strengths Weaknesses
Giora Ben-Ze'ev Director, Strategic Projects
Brand Recognition Limited Investor Confidence
Dan Katzman Chief Technology Officer
Dagan Avishai Vice President, Sales Significant Market Player Limited Liquidity Position
Yagen Moshe Chief Financial Officer
Source: Annual Report, Company Website, Primary and Secondary Research,
GlobalData
Opportunities Threats
Share Data
Strategic Acquisitions Technological Changes
Shamir Optical Industry Ltd.
Share Price (USD) as on 17-Dec-2010 13.50 Growing Ophthalmic Devices Market Dynamics
0.77 Market
EPS (USD)
Market Cap (million USD) 227
Enterprise Value (million USD) 236
Source: Annual Report, Company Website, Primary and Secondary
Research, GlobalData
Shares Outstanding (million) 17
Source: Annual Report, Company Website, Primary and Secondary Research,
GlobalData
Financial Performance Recent Developments
Aug 19, 2010 Shamir Optical Reports Net Income Of
$4.15 million In Q2 2010
May 10, 2010 Shamir Optical Reports Net Income Of
$3.69 Million In Q1 2010
Mar 11, 2010 Shamir Optical Reports Net Income Of
$13.3 Million In 2009
Nov 18, 2009 Shamir Optical Reports Net Income Of
$3.7 Million In Q3 2009
Aug 13, 2009 Shamir Optical Reports Net Income Of
$3.85 Million In Q2 2009
Source: Annual Report, Company Website, Primary and Secondary Research, Source: Annual Report, Company Website, Primary and Secondary
GlobalData Research, GlobalData
Shamir Optical Industry Ltd. (SHMR) - Financial and Strategic SWOT Analysis Reference Code: GDME2040FSA
Review
Source : www.globalcompanyintelligence.com Page 1
Ta b le o f Co n te n ts
Table of Contents ..................................................................................................................................................................................................... 2
List of Tables ............................................................................................................................................................................................................ 4
List of Figures ........................................................................................................................................................................................................... 4
Section 1 - About the Company ................................................................................................................................................................................ 5
Shamir Optical Industry Ltd. - Key Facts ................................................................................................................................................................... 5
Shamir Optical Industry Ltd. - Key Employees .......................................................................................................................................................... 6
Shamir Optical Industry Ltd. - Key Employee Biographies ........................................................................................................................................ 7
Shamir Optical Industry Ltd. - Major Products and Services ..................................................................................................................................... 8
Shamir Optical Industry Ltd. - History ....................................................................................................................................................................... 9
Shamir Optical Industry Ltd. - Company Statement .................................................................................................................................................11
Shamir Optical Industry Ltd. - Locations And Subsidiaries .......................................................................................................................................12
Head Office .......................................................................................................................................................................................................12
Other Locations & Subsidiaries .........................................................................................................................................................................12
Shamir Optical Industry Ltd. - Key Manufacturing Facilities .....................................................................................................................................14
Section 2 – Company Analysis ................................................................................................................................................................................15
Shamir Optical Industry Ltd. - Business Description.................................................................................................................................................15
Shamir Optical Industry Ltd. - SWOT Analysis .........................................................................................................................................................16
SWOT Analysis - Overview ...............................................................................................................................................................................16
Shamir Optical Industry Ltd. - Strengths ............................................................................................................................................................16
Strength - Brand Recognition ......................................................................................................................................................................16
Strength - Significant Market Player ............................................................................................................................................................16
Strength - Expanding Operating Margin ......................................................................................................................................................16
Strength - Efficient Use of Resources .........................................................................................................................................................16
Shamir Optical Industry Ltd. - Weaknesses .......................................................................................................................................................16
Weakness - Limited Investor Confidence ....................................................................................................................................................16
Weakness - Limited Liquidity Position .........................................................................................................................................................17
Weakness - Declining Market Share in Sector ............................................................................................................................................17
Shamir Optical Industry Ltd. - Opportunities ......................................................................................................................................................17
Opportunity - Strategic Acquisitions ............................................................................................................................................................17
Opportunity - Growing Ophthalmic Devices Market .....................................................................................................................................17
Opportunity - Growth Potential in Asia and Africa........................................................................................................................................17
Opportunity - Capitalize on Positive Demographic Trends...........................................................................................................................17
Shamir Optical Industry Ltd. - Threats ...............................................................................................................................................................17
Threat - Technological Changes .................................................................................................................................................................17
Threat - Market Dynamics ...........................................................................................................................................................................18
Threat - Uncertain R&D Outcomes .............................................................................................................................................................18
Shamir Optical Industry Ltd. - Key Competitors .......................................................................................................................................................19
Section 3 – Company Financial Ratios ....................................................................................................................................................................20
Financial Ratios - Capital Market Ratios ............................................................................................................................................................20
Financial Ratios - Annual Ratios .......................................................................................................................................................................20
Performance Chart .........................................................................................................................................................................................