Stock BEZQ BEZEQ THE ISRAEL TELECOMMUNICATION CORP. LTD
Add to a list
To use this feature you must be a member
Log inSign up

Financials Bezeq The Israel Telecommunication Corp. Ltd

Equities

BEZQ

IL0002300114

Integrated Telecommunications Services

Market Closed - TEL AVIV STOCK EXCHANGE
Other stock markets
 07:24:07 2024-04-25 am EDT 		5-day change 1st Jan Change
460.5 ILa -2.17% Intraday chart for Bezeq The Israel Telecommunication Corp. Ltd -1.60% -6.97%
Mar. 13 Bezeq Seeks Small Tuck-Ins CI
Mar. 13 Transcript : Bezeq The Israel Telecommunication Corp. Ltd, Q4 2023 Earnings Call, Mar 13, 2024

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,674 8,847 14,212 16,773 13,696 13,122 - -
Enterprise Value (EV) 1 15,634 17,590 20,340 22,395 18,891 18,350 18,253 13,122
P/E ratio -7.12 x 11 x 12 x 16.8 x 11.5 x 10.9 x 9.59 x 9.55 x
Yield - - - 1.47% 5.59% 6.28% 7.78% 8.01%
Capitalization / Revenue 0.86 x 1.01 x 1.61 x 1.87 x 1.5 x 1.49 x 1.46 x 1.45 x
EV / Revenue 1.75 x 2.02 x 2.31 x 2.49 x 2.08 x 2.08 x 2.03 x 1.45 x
EV / EBITDA 5.39 x 4.81 x 5.48 x 5.99 x 4.95 x 4.86 x 4.65 x 3.23 x
EV / FCF - 8,428,265 x 13,461,172 x 10,416,126 x 8,902,338 x - - -
FCF Yield - 0% 0% 0% 0% - - -
Price to Book -11.4 x -59 x 13 x 10.3 x 6.23 x 4.82 x 4.28 x -
Nbr of stocks (in thousands) 2,765,486 2,765,486 2,765,486 2,765,486 2,766,820 2,849,486 - -
Reference price 2 2.775 3.199 5.139 6.065 4.950 4.605 4.605 4.605
Announcement Date 3/19/20 3/25/21 3/23/22 3/13/23 3/13/24 - - -
1ILS in Million2ILS
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,929 8,723 8,821 8,986 9,103 8,835 8,995 9,022
EBITDA 1 2,901 3,659 3,709 3,736 3,817 3,778 3,928 4,067
EBIT 1 989 1,455 1,870 1,637 1,779 1,876 2,037 2,176
Operating Margin 11.08% 16.68% 21.2% 18.22% 19.54% 21.23% 22.65% 24.12%
Earnings before Tax (EBT) 1 438 1,084 1,565 1,336 1,535 1,499 1,725 1,821
Net income -1,087 796 1,183 1,000 1,189 - 1,408 -
Net margin -12.17% 9.13% 13.41% 11.13% 13.06% - 15.65% -
EPS 2 -0.3900 0.2900 0.4300 0.3600 0.4300 0.4220 0.4800 0.4820
Free Cash Flow - 2,087 1,511 2,150 2,122 - - -
FCF margin - 23.93% 17.13% 23.93% 23.31% - - -
FCF Conversion (EBITDA) - 57.04% 40.74% 57.55% 55.59% - - -
FCF Conversion (Net income) - 262.19% 127.73% 215% 178.47% - - -
Dividend per Share 2 - - - 0.0889 0.2768 0.2893 0.3584 0.3688
Announcement Date 3/19/20 3/25/21 3/23/22 3/13/23 3/13/24 - - -
1ILS in Million2ILS
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 2,142 2,258 2,255 2,225 2,262 2,244 2,308 2,299 2,265 2,231 2,202 2,220 2,211 2,203
EBITDA 1 938 909 958 924 947 907 936 987 974 920 920.1 950.8 973.4 933.8
EBIT 1 459 356 460 463 466 248 468 506 425 380 434.8 517.5 497.3 431.5
Operating Margin 21.43% 15.77% 20.4% 20.81% 20.6% 11.05% 20.28% 22.01% 18.76% 17.03% 19.74% 23.31% 22.49% 19.59%
Earnings before Tax (EBT) 1 359 286 375 396 393 172 - 443 371 318 356.2 427.5 386.3 333.7
Net income 284 197 282 307 302 109 - 343 297 238 - - - -
Net margin 13.26% 8.72% 12.51% 13.8% 13.35% 4.86% - 14.92% 13.11% 10.67% - - - -
EPS 0.1000 0.0700 0.1000 0.1100 0.1100 0.0400 - 0.1200 0.1100 0.0900 - - - -
Dividend per Share 2 - - - 0.1100 - - - 0.0889 - 0.1350 - 0.1522 - 0.1461
Announcement Date 11/29/21 3/23/22 5/23/22 8/10/22 11/16/22 3/13/23 5/17/23 8/9/23 11/14/23 3/13/24 - - - -
1ILS in Million2ILS
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 7,960 8,743 6,128 5,622 5,195 5,228 5,131 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.744 x 2.389 x 1.652 x 1.505 x 1.361 x 1.384 x 1.306 x -
Free Cash Flow - 2,087 1,511 2,150 2,122 - - -
ROE (net income / shareholders' equity) - - - 73.6% 62.2% 47.8% 46.8% 43.1%
ROA (Net income/ Total Assets) - - - - - - - -
Assets - - - - - - - -
Book Value Per Share 2 -0.2400 -0.0500 0.4000 0.5900 0.8000 0.9600 1.080 -
Cash Flow per Share - - - - - - - -
Capex 1 1,095 1,133 1,328 1,353 1,333 1,667 1,634 -
Capex / Sales 12.26% 12.99% 15.05% 15.06% 14.64% 18.87% 18.17% -
Announcement Date 3/19/20 3/25/21 3/23/22 3/13/23 3/13/24 - - -
1ILS in Million2ILS
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Bezeq The Israel Telecommunication Corp. Ltd

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
4.605 ILS
Average target price
6.6 ILS
Spread / Average Target
+43.32%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Integrated Telecommunications Services

1st Jan change Capi.
BEZEQ THE ISRAEL TELECOMMUNICATION CORP. LTD Stock Bezeq The Israel Telecommunication Corp. Ltd
-6.97% 3.44B
CHINA MOBILE LIMITED Stock China Mobile Limited
+7.79% 199B
VERIZON COMMUNICATIONS Stock Verizon Communications
+5.25% 167B
DEUTSCHE TELEKOM AG Stock Deutsche Telekom AG
+0.46% 116B
NIPPON TELEGRAPH AND TELEPHONE CORPORATION Stock Nippon Telegraph and Telephone Corporation
-2.38% 89.84B
CHINA TELECOM CORPORATION LIMITED Stock China Telecom Corporation Limited
+14.97% 72.93B
AMÉRICA MÓVIL, S.A.B. DE C.V. Stock América Móvil, S.A.B. de C.V.
+2.80% 58.42B
SAUDI TELECOM COMPANY Stock Saudi Telecom Company
-6.19% 50.97B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY Stock Emirates Telecommunications Group Company
-13.54% 40.2B
BCE INC. Stock BCE Inc.
-14.53% 29.72B
Other Integrated Telecommunications Services
  1. Stock Market
  2. Equities
  3. BEZQ Stock
  4. Financials Bezeq The Israel Telecommunication Corp. Ltd