N
4,175.00
+1.61%
Close of 6 Nov 2026, in ILA
At a glance
Figures in ILS, from our data supplier.
Revenue, before interest expense
ILS 375.0m
FY2015FY2024
Net income
ILS 156.8m
FY2015FY2024
Total assets
ILS 4.13bn
FY2015FY2024
Shareholders' equity
ILS 911.9m
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | ILS 375.0m | ILS 372.4m | ILS 251.8m | ILS 167.2m | ILS 136.0m | ILS 154.5m | ILS 145.4m | ILS 131.0m | ILS 115.2m | ILS 100.7m |
| Operating income | ILS 322.6m | ILS 303.5m | ILS 220.8m | ILS 162.8m | ILS 112.2m | ILS 102.5m | ILS 110.5m | ILS 99.9m | ILS 99.3m | ILS 89.5m |
| Net income | ILS 156.8m | ILS 142.7m | ILS 136.3m | ILS 110.1m | ILS 74.4m | ILS 52.3m | ILS 72.1m | ILS 59.2m | ILS 64.8m | ILS 59.1m |
| Diluted earnings per share | 4.79 | 4.36 | 4.16 | 3.36 | 2.27 | 1.60 | 2.20 | 1.81 | 2.34 | 2.14 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ILS 4.13bn | ILS 3.40bn | ILS 3.43bn | ILS 3.34bn | ILS 1.98bn | ILS 2.59bn | ILS 2.23bn | ILS 2.12bn | ILS 1.76bn | ILS 1.30bn |
| Cash and short-term investments | ILS 178.9m | ILS 207.7m | ILS 97.1m | ILS 26.2m | ILS 31.8m | ILS 11.5m | ILS 9.6m | ILS 14.1m | ILS 3.6m | ILS 803,000 |
| Total liabilities | ILS 3.22bn | ILS 2.59bn | ILS 2.74bn | ILS 2.70bn | ILS 1.38bn | ILS 2.05bn | ILS 1.75bn | ILS 1.67bn | ILS 1.36bn | ILS 1.03bn |
| Debt | ILS 2.48bn | ILS 2.23bn | ILS 2.45bn | ILS 2.62bn | ILS 1.35bn | ILS 1.51bn | ILS 1.41bn | ILS 1.34bn | ILS 1.03bn | ILS 927.1m |
| Shareholders' equity | ILS 911.9m | ILS 810.7m | ILS 685.5m | ILS 644.6m | ILS 600.7m | ILS 534.9m | ILS 479.7m | ILS 453.2m | ILS 402.5m | ILS 273.4m |
| Shares outstanding | 33m | 33m | 33m | 33m | 33m | 33m | 33m | 33m | 28m | 28m |
Latest quarters
By quarter end
| Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue, before interest expense | ILS 117.4m | ILS 109.3m | ILS 104.8m | ILS 103.1m | ILS 96.4m | ILS 90.8m | ILS 84.7m | ILS 98.2m |
| Operating income | ILS 119.2m | ILS 52.6m | ILS 55.2m | ILS 54.3m | ILS 52.8m | ILS 54.1m | ILS 44.2m | ILS 39.5m |
| Net income | ILS 106.1m | ILS 40.5m | ILS 43.1m | ILS 41.9m | ILS 38.3m | ILS 42.1m | ILS 34.5m | ILS 30.2m |
| Diluted earnings per share | 3.24 | 1.24 | 1.32 | 1.28 | 1.17 | 1.29 | 1.05 | 0.92 |
| Total assets | — | — | ILS 4.32bn | ILS 4.13bn | ILS 3.65bn | — | ILS 3.22bn | ILS 3.40bn |
| Cash and short-term investments | — | — | ILS 284.8m | ILS 178.9m | ILS 142.4m | — | ILS 148.1m | ILS 207.7m |
| Debt | — | — | ILS 2.37bn | ILS 2.44bn | ILS 2.31bn | — | ILS 2.04bn | ILS 2.04bn |
| Shareholders' equity | — | — | ILS 930.6m | ILS 911.9m | ILS 862.6m | — | ILS 831.2m | ILS 810.7m |
Financial ratios
Data as of 1 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 48.3% | 53.5% | 47.9% | 69.6% | 84.5% | 71.9% |
| Net margin | 51.3% | 41.8% | 38.3% | 54.1% | 65.8% | 54.7% |
| Return on equity | 23.2% | 17.2% | 17.6% | 19.9% | 17.1% | 12.4% |
| Return on assets | 4.4% | 3.8% | 4.2% | 4.0% | 3.3% | 3.8% |
| Revenue growth | 22.4% | 0.7% | 47.9% | 50.5% | 22.9% | -12.0% |
| Earnings growth | 50.3% | 9.9% | 4.7% | 23.7% | 48.1% | 42.2% |
| Current ratio | 0.91x | 0.94x | 1.08x | 0.97x | 0.94x | 1.13x |
| Debt to equity | 4.25x | 3.46x | 3.12x | 3.93x | 4.12x | 2.25x |
| Equity ratio | 18.8% | 22.1% | 23.8% | 20.0% | 19.3% | 30.3% |
| Interest coverage | 1.16x | — | — | — | — | — |
| Buybacks as a share of market value | -0.0% | 0.0% | 0.0% | -0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 30.9% | 19.4% | 12.8% |
| Operating income | 25.6% | 25.8% | 12.6% |
| Net income | 12.5% | 24.6% | 9.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 83.8% | 86.6% | 84.0% | 83.5% |
| Net margin | 40.1% | 46.8% | 46.2% | 48.1% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 8.4 | 5.5 | 5.9 | 9.5 | 7.7 | 15.6 | 8.6 | 10.6 | 10.6 | 9.0 |
| Price to sales | 3.5 | 2.1 | 3.2 | 6.2 | 4.2 | 5.3 | 4.3 | 4.8 | 5.9 | 5.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 6 years. Last went ex-dividend on 24 Aug 2026.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 3.362 | 2.859 | 1.125 | 2.554 | 2.064 | 0.397 | 0.904 | 0.259 |
- 100-to-1 reverse split · 29 Aug 2011
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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