Market Closed -
TEL AVIV STOCK EXCHANGE
10:24:11 2024-05-16 EDT
|
5-day change
|
1st Jan Change
|
12,770
ILa
|
-1.39%
|
|
+2.41%
|
+21.27%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,151
|
1,673
|
1,888
|
1,019
|
1,613
|
1,914
|
-
|
-
|
Enterprise Value (EV)
1 |
1,151
|
1,609
|
1,797
|
937.8
|
1,546
|
1,808
|
1,735
|
1,654
|
P/E ratio
|
44.2
x
|
47.1
x
|
40.5
x
|
19.5
x
|
25.8
x
|
24.8
x
|
22.5
x
|
-
|
Yield
|
-
|
0.46%
|
1.07%
|
2.6%
|
-
|
1.22%
|
1.32%
|
0.9%
|
Capitalization / Revenue
|
3.53
x
|
4.37
x
|
4.1
x
|
2.15
x
|
3.13
x
|
3.46
x
|
3.22
x
|
2.98
x
|
EV / Revenue
|
3.53
x
|
4.2
x
|
3.9
x
|
1.98
x
|
3
x
|
3.27
x
|
2.92
x
|
2.58
x
|
EV / EBITDA
|
20.7
x
|
22.2
x
|
20.7
x
|
10.7
x
|
15.8
x
|
17
x
|
14.8
x
|
13
x
|
EV / FCF
|
21.1
x
|
28.9
x
|
23.4
x
|
22.9
x
|
20.1
x
|
21
x
|
17.2
x
|
-
|
FCF Yield
|
4.75%
|
3.46%
|
4.27%
|
4.37%
|
4.97%
|
4.77%
|
5.82%
|
-
|
Price to Book
|
-
|
4.38
x
|
4.68
x
|
2.55
x
|
3.58
x
|
4.23
x
|
3.82
x
|
-
|
Nbr of stocks (in thousands)
|
50,052
|
54,647
|
54,811
|
55,140
|
55,733
|
55,743
|
-
|
-
|
Reference price
2 |
23.00
|
30.61
|
34.45
|
18.48
|
28.94
|
34.33
|
34.33
|
34.33
|
Announcement Date
|
2/24/20
|
2/25/21
|
2/23/22
|
2/21/23
|
2/20/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
325.7
|
382.9
|
461
|
474.7
|
514.6
|
553.6
|
594.9
|
642.4
|
EBITDA
1 |
55.68
|
72.62
|
86.76
|
87.72
|
98.01
|
106.6
|
117.5
|
127.3
|
EBIT
1 |
52.21
|
67.92
|
81.4
|
83.48
|
94.14
|
101.4
|
111.6
|
122.5
|
Operating Margin
|
16.03%
|
17.74%
|
17.66%
|
17.58%
|
18.29%
|
18.32%
|
18.76%
|
19.07%
|
Earnings before Tax (EBT)
1 |
49.44
|
41.2
|
57.29
|
65.55
|
77.12
|
87.3
|
94.6
|
-
|
Net income
1 |
26.25
|
33.78
|
47.17
|
52.6
|
62.44
|
78.06
|
86.28
|
-
|
Net margin
|
8.06%
|
8.82%
|
10.23%
|
11.08%
|
12.13%
|
14.1%
|
14.5%
|
-
|
EPS
2 |
0.5200
|
0.6500
|
0.8500
|
0.9500
|
1.120
|
1.384
|
1.523
|
-
|
Free Cash Flow
1 |
54.68
|
55.62
|
76.76
|
41.02
|
76.85
|
86.25
|
101
|
-
|
FCF margin
|
16.79%
|
14.53%
|
16.65%
|
8.64%
|
14.93%
|
15.58%
|
16.98%
|
-
|
FCF Conversion (EBITDA)
|
98.22%
|
76.59%
|
88.47%
|
46.77%
|
78.41%
|
80.91%
|
85.98%
|
-
|
FCF Conversion (Net income)
|
208.34%
|
164.68%
|
162.72%
|
78%
|
123.07%
|
110.49%
|
117.07%
|
-
|
Dividend per Share
2 |
-
|
0.1400
|
0.3700
|
0.4800
|
-
|
0.4199
|
0.4529
|
0.3100
|
Announcement Date
|
2/24/20
|
2/25/21
|
2/23/22
|
2/21/23
|
2/20/24
|
-
|
-
|
-
|
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
|
2025 Q1
|
---|
Net sales
1 |
117.8
|
119.2
|
117.7
|
118.6
|
119
|
119.5
|
124.7
|
128.3
|
130.7
|
130.9
|
134.2
|
137.8
|
140.6
|
141.2
|
144.8
|
EBITDA
1 |
22.14
|
23.58
|
21.91
|
21.68
|
22.04
|
22.09
|
23.57
|
24.39
|
24.78
|
25.27
|
25.36
|
26.53
|
26.99
|
27.76
|
27.85
|
EBIT
1 |
21.02
|
21.59
|
20.77
|
20.75
|
20.9
|
21.06
|
22.51
|
23.42
|
24.06
|
24.15
|
24.26
|
25.11
|
25.88
|
26.09
|
26.4
|
Operating Margin
|
17.84%
|
18.11%
|
17.65%
|
17.5%
|
17.57%
|
17.63%
|
18.05%
|
18.25%
|
18.41%
|
18.46%
|
18.07%
|
18.22%
|
18.41%
|
18.48%
|
18.23%
|
Earnings before Tax (EBT)
1 |
16.29
|
16.04
|
16.9
|
14.44
|
16.63
|
17.58
|
17.7
|
19.06
|
19.71
|
20.65
|
21.61
|
21.3
|
22
|
22.3
|
22.5
|
Net income
1 |
13.27
|
13.66
|
13.93
|
11.91
|
13.39
|
13.37
|
14.2
|
15.4
|
15.87
|
16.97
|
17.36
|
17.3
|
17.8
|
18.1
|
18.4
|
Net margin
|
11.26%
|
11.46%
|
11.83%
|
10.04%
|
11.26%
|
11.19%
|
11.38%
|
12.01%
|
12.14%
|
12.97%
|
12.93%
|
12.55%
|
12.66%
|
12.82%
|
12.71%
|
EPS
2 |
0.2400
|
0.2500
|
0.2500
|
0.2100
|
0.2400
|
0.2400
|
0.2600
|
0.2800
|
0.2800
|
0.3000
|
0.3100
|
0.3402
|
0.3490
|
0.3570
|
0.3200
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.2600
|
-
|
-
|
-
|
0.2700
|
0.2800
|
-
|
-
|
Announcement Date
|
11/3/21
|
2/23/22
|
5/3/22
|
8/3/22
|
11/3/22
|
2/21/23
|
5/3/23
|
8/2/23
|
11/8/23
|
2/20/24
|
5/8/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
64.1
|
91.5
|
81.2
|
67.4
|
106
|
179
|
259
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
54.7
|
55.6
|
76.8
|
41
|
76.9
|
86.3
|
101
|
-
|
ROE (net income / shareholders' equity)
|
-
|
17.2%
|
16.5%
|
16.6%
|
17.6%
|
18.9%
|
19.9%
|
-
|
ROA (Net income/ Total Assets)
|
-
|
8.91%
|
9.17%
|
9.71%
|
11%
|
12.3%
|
13.2%
|
-
|
Assets
1 |
-
|
379.2
|
514.3
|
541.6
|
565.1
|
634.7
|
655.1
|
-
|
Book Value Per Share
2 |
-
|
6.980
|
7.360
|
7.250
|
8.080
|
8.120
|
8.990
|
-
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
11.5
|
2.63
|
3.79
|
2.76
|
2.57
|
5
|
6
|
-
|
Capex / Sales
|
3.52%
|
0.69%
|
0.82%
|
0.58%
|
0.5%
|
0.9%
|
1.01%
|
-
|
Announcement Date
|
2/24/20
|
2/25/21
|
2/23/22
|
2/21/23
|
2/20/24
|
-
|
-
|
-
|
Last Close Price
34.33
USD Average target price
34.4
USD Spread / Average Target +0.20% Consensus |
1st Jan change
|
Capi.
|
---|
| +15.87% | 336B | | +26.47% | 223B | | +7.29% | 156B | | +12.11% | 57.33B | | +20.65% | 34.7B | | +5.22% | 31.11B | | +127.98% | 25.54B | | +30.09% | 22.48B | | +50.88% | 15.28B |
Enterprise Software
|