A 
2,832.00
+1.11%
Close of 9 Nov 2026, in ILA
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in ILS, from our data supplier.
Revenue
ILS 2.27bn
FY2015FY2024
Net income
−ILS 346.2m
FY2015FY2024
Free cash flow
ILS 203.6m
FY2015FY2024
Shareholders' equity
ILS 5.41bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ILS 2.27bn | ILS 2.01bn | ILS 1.77bn | ILS 1.28bn | ILS 1.35bn | ILS 1.16bn | ILS 924.5m | ILS 829.1m | ILS 736.6m | ILS 639.6m |
| Gross profit | ILS 2.01bn | ILS 1.75bn | ILS 1.59bn | ILS 1.15bn | ILS 1.25bn | ILS 1.08bn | ILS 833.5m | ILS 744.7m | ILS 653.4m | ILS 560.9m |
| Operating income | ILS 1.47bn | ILS 1.36bn | ILS 1.27bn | ILS 874.9m | ILS 1.03bn | ILS 884.2m | ILS 689.7m | ILS 609.7m | ILS 527.8m | ILS 480.1m |
| Net income | −ILS 346.2m | −ILS 2.39bn | −ILS 281.5m | ILS 1.56bn | ILS 303.0m | ILS 956.1m | ILS 514.1m | ILS 594.1m | ILS 612.9m | ILS 547.7m |
| Diluted earnings per share | -1.81 | -13.31 | -1.60 | 8.97 | 1.75 | 5.53 | 3.01 | 3.66 | 4.00 | 3.67 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ILS 40.05bn | ILS 38.73bn | ILS 36.21bn | ILS 31.96bn | ILS 26.50bn | ILS 25.10bn | ILS 19.89bn | ILS 17.99bn | ILS 17.18bn | ILS 15.59bn |
| Cash and short-term investments | ILS 1.52bn | ILS 2.38bn | ILS 1.69bn | ILS 1.16bn | ILS 2.21bn | ILS 771.7m | ILS 1.01bn | ILS 546.3m | ILS 427.7m | ILS 324.4m |
| Total liabilities | ILS 34.63bn | ILS 33.73bn | ILS 28.50bn | ILS 24.32bn | ILS 20.10bn | ILS 18.76bn | ILS 14.04bn | ILS 12.63bn | ILS 12.27bn | ILS 11.05bn |
| Debt | ILS 22.80bn | ILS 23.32bn | ILS 19.48bn | ILS 16.59bn | ILS 13.83bn | ILS 13.07bn | ILS 9.93bn | ILS 9.15bn | ILS 9.24bn | ILS 8.18bn |
| Shareholders' equity | ILS 5.41bn | ILS 5.00bn | ILS 7.71bn | ILS 7.64bn | ILS 6.40bn | ILS 6.34bn | ILS 5.85bn | ILS 5.36bn | ILS 4.91bn | ILS 4.55bn |
| Shares outstanding | 191m | 180m | 176m | 174m | 173m | 173m | 171m | 162m | 153m | 149m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ILS 1.07bn | ILS 1.16bn | ILS 659.6m | ILS 666.3m | ILS 754.3m | ILS 706.4m | ILS 619.6m | ILS 532.0m | ILS 457.2m | ILS 396.5m |
| Capital spending | −ILS 864.4m | −ILS 655.8m | −ILS 1.16bn | −ILS 3.45bn | −ILS 1.14bn | −ILS 1.93bn | −ILS 797.2m | −ILS 485.7m | −ILS 524.2m | −ILS 421.6m |
| Free cash flow | ILS 203.6m | ILS 499.4m | −ILS 499.0m | −ILS 2.79bn | −ILS 385.2m | −ILS 1.22bn | −ILS 177.6m | ILS 46.3m | −ILS 67.0m | −ILS 25.1m |
| Dividends paid | −ILS 138.2m | −ILS 262.4m | −ILS 298.1m | −ILS 246.2m | −ILS 200.4m | −ILS 268.6m | −ILS 252.9m | −ILS 285.5m | −ILS 228.0m | −ILS 137.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ILS 693.3m | ILS 678.9m | ILS 715.5m | ILS 675.7m | ILS 549.0m | ILS 518.4m | ILS 563.1m | ILS 570.5m |
| Gross profit | ILS 44.3m | ILS 525.7m | ILS 442.3m | ILS 539.7m | ILS 462.7m | ILS 428.4m | ILS 496.0m | ILS 482.9m |
| Operating income | ILS 289.8m | ILS 467.6m | ILS 423.8m | ILS 387.3m | ILS 567.9m | ILS 307.1m | ILS 353.5m | ILS 346.2m |
| Net income | −ILS 178.8m | ILS 76.5m | ILS 21.0m | −ILS 214.8m | ILS 134.3m | ILS 67.0m | ILS 90.0m | ILS 43.4m |
| Diluted earnings per share | -0.79 | 0.34 | 0.09 | -0.95 | 0.59 | 0.30 | 0.47 | 0.23 |
| Cash from operations | ILS 351.0m | ILS 5.0m | ILS 293.0m | ILS 286.0m | ILS 311.0m | ILS 64.0m | ILS 347.0m | ILS 288.0m |
| Capital spending | −ILS 830.0m | −ILS 885.0m | −ILS 1.77bn | −ILS 835.0m | −ILS 628.0m | −ILS 795.0m | −ILS 1.34bn | −ILS 339.0m |
| Free cash flow | −ILS 479.0m | −ILS 880.0m | −ILS 1.48bn | −ILS 549.0m | −ILS 317.0m | −ILS 731.0m | −ILS 994.0m | −ILS 51.0m |
| Total assets | ILS 47.01bn | ILS 46.32bn | ILS 47.33bn | ILS 47.30bn | ILS 41.76bn | ILS 40.76bn | ILS 40.05bn | ILS 39.26bn |
| Cash and short-term investments | ILS 1.70bn | ILS 733.2m | ILS 2.50bn | ILS 2.02bn | ILS 1.74bn | ILS 832.0m | ILS 1.52bn | ILS 1.04bn |
| Debt | ILS 28.47bn | ILS 27.20bn | ILS 27.82bn | ILS 28.18bn | ILS 24.28bn | ILS 22.66bn | ILS 22.12bn | ILS 21.87bn |
| Shareholders' equity | ILS 5.10bn | ILS 5.59bn | ILS 5.61bn | ILS 5.43bn | ILS 5.39bn | ILS 5.57bn | ILS 5.41bn | ILS 4.89bn |
Financial ratios
Data as of 7 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 81.5% | 86.6% | 86.0% | 88.4% | 88.6% | 90.3% |
| Operating margin | 55.1% | 41.8% | -79.7% | 33.8% | 208.4% | 82.2% |
| Net margin | 0.3% | -15.4% | -119.3% | 19.4% | 123.8% | 40.4% |
| Return on equity | 0.1% | -6.4% | -47.8% | 4.4% | 20.4% | 7.3% |
| Return on assets | 0.0% | -0.9% | -6.2% | 0.9% | 4.9% | 1.8% |
| Free cash flow yield | 0.8% | 0.6% | 0.8% | 0.6% | 1.1% | 0.5% |
| Revenue growth | 8.0% | 12.0% | 14.8% | 38.8% | 9.1% | 8.1% |
| Earnings growth | -102.1% | -85.5% | -806.6% | -78.3% | 234.7% | -67.9% |
| Current ratio | 1.18x | 0.50x | 0.70x | 0.91x | 0.74x | 1.60x |
| Debt to equity | 4.96x | 4.09x | 4.43x | 2.41x | 2.11x | 2.13x |
| Equity ratio | 11.9% | 13.5% | 12.9% | 21.2% | 23.9% | 24.2% |
| Interest coverage | 2.03x | 1.53x | -3.35x | 1.97x | 9.94x | 3.29x |
| Buybacks as a share of market value | -17.4% | -7.2% | -2.3% | -0.2% | -1.5% | -0.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 21.2% | 14.3% | 14.2% |
| Operating income | 19.0% | 10.8% | 12.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 87.9% | 88.7% | 89.6% | 89.5% |
| Operating margin | 66.4% | 68.1% | 70.2% | 71.3% |
| Net margin | -64.0% | -20.0% | -2.1% | 17.5% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -16.8 | -2.3 | -22.4 | 6.5 | 25.6 | 9.9 | 11.6 | 10.3 | 7.8 | 7.7 |
| Price to sales | 2.6 | 2.7 | 3.6 | 7.9 | 5.7 | 8.1 | 6.5 | 7.3 | 6.5 | 6.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 21 years. Last went ex-dividend on 26 Aug 2026.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.96 | 0.72 | 1.46 | 1.70 | 1.42 | 1.16 | 1.14 | 1.10 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.