Company Valuation: Ayalon Insurance Company Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 332.1 471.5 237.3 293.7 823.6 2,367
Change - 41.97% -49.67% 23.77% 180.43% 187.34%
Enterprise Value (EV) 1 515.6 991.4 573.1 621.1 934.7 2,604
Change - 92.28% -42.19% 8.38% 50.49% 178.59%
P/E Ratio -5.17x -4.13x 1.35x 4.5x 5.79x 5.43x
PBR 0.48x 0.69x 0.37x 0.42x 0.85x 1.56x
PEG - -0.1x -0x -0.1x 0.1x 0x
Capitalization / Revenue 0.13x 0.15x 0.11x 0.09x 0.19x 0.37x
EV / Revenue 0.21x 0.32x 0.26x 0.18x 0.21x 0.41x
EV / EBITDA -35.2x -6.81x 2.69x 3.3x 3.19x 3.72x
EV / EBIT -13.9x -5.85x 2.98x 3.69x 3.44x 3.8x
EV / FCF -1.03x -0.58x 0.59x -3.19x -0.85x -1.18x
FCF Yield -97.1% -172% 170% -31.4% -117% -84.9%
Dividend per Share 2 - - - - 3.604 -
Rate of return - - - - 10.9% -
EPS 2 -3.532 -6.269 9.656 3.584 5.701 16
Distribution rate - - - - 63.2% -
Net sales 1 2,461 3,062 2,211 3,427 4,351 6,357
EBITDA 1 -14.65 -145.7 213 188.3 292.8 699.6
EBIT 1 -37.05 -169.5 192.1 168.4 272.1 684.5
Net income 1 -64.28 -114.1 175.7 73.04 144.4 426.1
Net Debt 1 183.5 519.9 335.8 327.4 111.1 237.4
Reference price 2 18.25 25.91 13.04 16.14 33.00 86.90
Nbr of stocks (in thousands) 18,198 18,198 18,198 18,198 24,959 27,234
Announcement Date 3/25/21 3/30/22 3/29/23 3/26/24 3/18/25 3/30/26
1ILS in Million2ILS
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 1.45B
4.08x - - 2.48% 2B
13.67x1.53x - -.--% 894M
9.04x2.46x5.72x5.56% 458M
Average 8.93x 1.99x 5.72x 2.68% 1.2B
Weighted average by Cap. 7.32x 1.84x 5.72x 2.24%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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