THE TEL-AVIV STOCK EXCHANGE LTD. Financials The Tel-Aviv Stock Exchange Ltd.
Equities
TASE
IL0011590291
Financial & Commodity Market Operators
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2,460 ILa | +0.65% |
|
-2.38% | +28.80% |
| Mar. 06 | Transcript : The Tel-Aviv Stock Exchange Ltd., 2023 Earnings Call, Mar 06, 2024 | |
| Mar. 06 | The Tel-Aviv Stock Exchange Ltd. Approves Dividend, Payable on March 20, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,170 | 1,652 | 1,699 | 2,117 | 1,767 | 2,696 | - |
| Enterprise Value (EV) 1 | 1,170 | 1,652 | 1,699 | 2,117 | 1,767 | 2,696 | 2,696 |
| P/E ratio | - | - | - | - | - | - | - |
| Yield | - | - | - | - | - | - | - |
| Capitalization / Revenue | 4.5 x | 5.43 x | 5.25 x | 5.86 x | 4.53 x | 6.55 x | 5.83 x |
| EV / Revenue | 4.5 x | 5.43 x | 5.25 x | 5.86 x | 4.53 x | 6.55 x | 5.83 x |
| EV / EBITDA | 18.6 x | 17.4 x | 16.5 x | 15.7 x | 11.2 x | 15.9 x | 14.1 x |
| EV / FCF | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - |
| Price to Book | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 100,000 | 101,062 | 101,202 | 100,799 | 92,534 | 109,601 | - |
| Reference price 2 | 11.70 | 16.35 | 16.79 | 21.00 | 19.10 | 24.60 | 24.60 |
| Announcement Date | 3/24/20 | 3/16/21 | 3/21/22 | 3/28/23 | 3/6/24 | - | - |
1ILS in Million2ILS
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 260 | 304.3 | 323.7 | 361 | 389.9 | 411.4 | 462.6 |
| EBITDA 1 | 62.9 | 95.1 | 103 | 135.2 | 157.6 | 169.2 | 191.7 |
| EBIT 1 | 14.16 | 48.77 | 54.42 | 69.97 | 98.34 | 111 | 126.3 |
| Operating Margin | 5.45% | 16.03% | 16.81% | 19.38% | 25.22% | 26.98% | 27.3% |
| Earnings before Tax (EBT) 1 | 23.13 | - | - | 69.97 | 87.03 | 115.1 | 130.9 |
| Net income 1 | 17.56 | - | 45.5 | 50.84 | 83.21 | 87.47 | 99.48 |
| Net margin | 6.75% | - | 14.06% | 14.08% | 21.34% | 21.26% | 21.51% |
| EPS | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - |
| Announcement Date | 3/24/20 | 3/16/21 | 3/21/22 | 3/28/23 | 3/6/24 | - | - |
1ILS in Million
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 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 75 | 85.7 | 97.7 | 91 | 86.02 | 86.32 | 100 | 92.9 | 95.49 | 105.6 | 97.71 | 105 | 103.1 | 114.7 |
| EBITDA 1 | 22.8 | 29.5 | 36.8 | 35.8 | 30.5 | 32.08 | 43.53 | 35.58 | 38.41 | 41.76 | 39.72 | 44.27 | 43.44 | 47.32 |
| EBIT 1 | 10.54 | 17.02 | 24.27 | 22.84 | 17.23 | 18.38 | 30.04 | 20.31 | 23.42 | 26.82 | 25.89 | 29.41 | 28.86 | 31.09 |
| Operating Margin | 14.05% | 19.86% | 24.84% | 25.1% | 20.03% | 21.3% | 30.04% | 21.86% | 24.53% | 25.4% | 26.5% | 28% | 28% | 27.1% |
| Earnings before Tax (EBT) 1 | - | - | 19.06 | 19.42 | 13.1 | 18.38 | 32.57 | 23.93 | 25.41 | 27.87 | 26.87 | 30.46 | 29.89 | 32.24 |
| Net income 1 | 9.6 | 14.1 | 14.7 | 14.2 | 8.707 | 13.2 | 25.48 | 18.78 | 18.23 | 21.18 | 20.42 | 23.15 | 22.72 | 24.5 |
| Net margin | 12.8% | 16.45% | 15.05% | 15.6% | 10.12% | 15.3% | 25.48% | 20.21% | 19.09% | 20.06% | 20.9% | 22.04% | 22.04% | 21.36% |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/22/21 | 3/21/22 | 5/24/22 | 8/8/22 | 11/29/22 | 3/28/23 | 5/23/23 | 8/8/23 | 11/21/23 | - | - | - | - | - |
1ILS in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | - | - | - | - | - | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - |
| Announcement Date | 3/24/20 | 3/16/21 | 3/21/22 | 3/28/23 | 3/6/24 | - | - |
1ILS in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
24.6
ILS
Average target price
29
ILS
Spread / Average Target
+17.89%
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +28.80% | 707M | |
| +2.55% | 75.52B | |
| -4.85% | 40.42B | |
| -2.33% | 36.1B | |
| +3.41% | 34.86B | |
| -22.89% | 12.29B | |
| +7.44% | 9.34B | |
| -31.09% | 7.59B | |
| +13.51% | 7.36B | |
| -4.68% | 7.31B |
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- Financials The Tel-Aviv Stock Exchange Ltd.
