View Past PerformancePeax Solutions バランスシートの健全性財務の健全性 基準チェック /36Peax Solutionsの総株主資本は₪196.6M 、総負債は₪283.6Mで、負債比率は144.3%となります。総資産と総負債はそれぞれ₪1.0Bと₪815.7Mです。 Peax Solutionsの EBIT は₪58.2Mで、利息カバレッジ比率3.4です。現金および短期投資は₪92.5Mです。主要情報144.27%負債資本比率₪283.59m負債インタレスト・カバレッジ・レシオ3.4x現金₪92.45mエクイティ₪196.57m負債合計₪815.68m総資産₪1.01b財務の健全性に関する最新情報分析記事 • Aug 15E & M Computing (TLV:EMCO) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Oct 03Does E & M Computing (TLV:EMCO) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Jul 03E & M Computing (TLV:EMCO) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Nov 23E & M Computing (TLV:EMCO) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...すべての更新を表示Recent updatesNew Risk • Jun 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪285.9m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (₪285.9m market cap, or US$98.6m).Reported Earnings • May 28First quarter 2026 earnings released: EPS: ₪0.079 (vs ₪0.17 in 1Q 2025)First quarter 2026 results: EPS: ₪0.079 (down from ₪0.17 in 1Q 2025). Revenue: ₪357.0m (down 6.4% from 1Q 2025). Net income: ₪3.48m (down 52% from 1Q 2025). Profit margin: 1.0% (down from 1.9% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Apr 17Now 22% overvaluedOver the last 90 days, the stock has fallen 11% to ₪7.97. The fair value is estimated to be ₪6.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 5.1%.Upcoming Dividend • Apr 06Upcoming dividend of ₪0.14 per shareEligible shareholders must have bought the stock before 13 April 2026. Payment date: 20 April 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Israeli dividend payers (5.5%). Higher than average of industry peers (3.3%).New Risk • Mar 30New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₪314.3m market cap, or US$99.8m).Reported Earnings • Mar 30Full year 2025 earnings released: EPS: ₪0.44 (vs ₪0.57 in FY 2024)Full year 2025 results: EPS: ₪0.44 (down from ₪0.57 in FY 2024). Revenue: ₪1.50b (up 3.0% from FY 2024). Net income: ₪19.7m (down 23% from FY 2024). Profit margin: 1.3% (down from 1.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year.New Risk • Mar 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪310.6m (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (95% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₪310.6m market cap, or US$100.0m).分析記事 • Dec 03There May Be Some Bright Spots In E & M Computing's (TLV:EMCO) EarningsThe market for E & M Computing Ltd.'s ( TLV:EMCO ) shares didn't move much after it posted weak earnings recently. Our...Reported Earnings • Nov 27Third quarter 2025 earnings released: EPS: ₪0.018 (vs ₪0.092 in 3Q 2024)Third quarter 2025 results: EPS: ₪0.018 (down from ₪0.092 in 3Q 2024). Revenue: ₪329.8m (down 4.6% from 3Q 2024). Net income: ₪788.0k (down 81% from 3Q 2024). Profit margin: 0.2% (down from 1.2% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.分析記事 • Aug 15E & M Computing (TLV:EMCO) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Buy Or Sell Opportunity • Aug 11Now 24% overvaluedOver the last 90 days, the stock has fallen 7.1% to ₪9.00. The fair value is estimated to be ₪7.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 15%.分析記事 • Jul 20Returns On Capital At E & M Computing (TLV:EMCO) Have Hit The BrakesWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Buy Or Sell Opportunity • Jul 15Now 23% overvaluedOver the last 90 days, the stock has fallen 2.6% to ₪9.27. The fair value is estimated to be ₪7.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 15%.Reported Earnings • May 28First quarter 2025 earnings released: EPS: ₪0.17 (vs ₪0.17 in 1Q 2024)First quarter 2025 results: EPS: ₪0.17 (down from ₪0.17 in 1Q 2024). Revenue: ₪381.4m (down 4.2% from 1Q 2024). Net income: ₪7.30m (down 3.3% from 1Q 2024). Profit margin: 1.9% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • May 28E & M Computing Ltd., Annual General Meeting, Aug 07, 2025E & M Computing Ltd., Annual General Meeting, Aug 07, 2025. Location: naschitz law offices, IsraelReported Earnings • Mar 25Full year 2024 earnings released: EPS: ₪0.57 (vs ₪0.50 in FY 2023)Full year 2024 results: EPS: ₪0.57 (up from ₪0.50 in FY 2023). Revenue: ₪1.45b (up 2.0% from FY 2023). Net income: ₪25.5m (up 14% from FY 2023). Profit margin: 1.8% (up from 1.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.New Risk • Mar 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪367.3m (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks High level of debt (92% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₪367.3m market cap, or US$99.2m).分析記事 • Mar 03Subdued Growth No Barrier To E & M Computing Ltd.'s (TLV:EMCO) PriceWith a price-to-earnings (or "P/E") ratio of 17.9x E & M Computing Ltd. ( TLV:EMCO ) may be sending bearish signals at...分析記事 • Dec 06Statutory Profit Doesn't Reflect How Good E & M Computing's (TLV:EMCO) Earnings AreEven though E & M Computing Ltd.'s ( TLV:EMCO ) recent earnings release was robust, the market didn't seem to notice...Reported Earnings • Nov 29Third quarter 2024 earnings released: EPS: ₪0.092 (vs ₪0.001 loss in 3Q 2023)Third quarter 2024 results: EPS: ₪0.092 (up from ₪0.001 loss in 3Q 2023). Revenue: ₪345.7m (up 14% from 3Q 2023). Net income: ₪4.08m (up ₪4.11m from 3Q 2023). Profit margin: 1.2% (up from 0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.New Risk • Sep 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪371.4m (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 18% per year over the past 5 years. Minor Risks High level of debt (86% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₪371.4m market cap, or US$98.8m).Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: ₪0.037 (vs ₪0.058 in 2Q 2023)Second quarter 2024 results: EPS: ₪0.037 (down from ₪0.058 in 2Q 2023). Revenue: ₪325.8m (up 8.2% from 2Q 2023). Net income: ₪1.63m (down 36% from 2Q 2023). Profit margin: 0.5% (down from 0.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.Reported Earnings • May 29First quarter 2024 earnings released: EPS: ₪0.17 (vs ₪0.22 in 1Q 2023)First quarter 2024 results: EPS: ₪0.17 (down from ₪0.22 in 1Q 2023). Revenue: ₪398.2m (up 2.0% from 1Q 2023). Net income: ₪7.55m (down 22% from 1Q 2023). Profit margin: 1.9% (down from 2.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.お知らせ • Apr 09E & M Computing Ltd., Annual General Meeting, May 12, 2024E & M Computing Ltd., Annual General Meeting, May 12, 2024, at 17:00 Israel Standard Time.分析記事 • Apr 03E & M Computing's (TLV:EMCO) Strong Earnings Are Of Good QualityE & M Computing Ltd. ( TLV:EMCO ) just reported healthy earnings but the stock price didn't move much. We think that...Reported Earnings • Mar 29Full year 2023 earnings released: EPS: ₪0.50 (vs ₪0.40 in FY 2022)Full year 2023 results: EPS: ₪0.50 (up from ₪0.40 in FY 2022). Revenue: ₪1.42b (up 15% from FY 2022). Net income: ₪22.3m (up 26% from FY 2022). Profit margin: 1.6% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.分析記事 • Jan 29E & M Computing Ltd. (TLV:EMCO) Stock Rockets 27% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, E & M Computing Ltd. ( TLV:EMCO ) shares have been powering on, with a gain of 27% in...Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₪7.05, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 16x in the IT industry in Israel. Total loss to shareholders of 2.0% over the past three years.分析記事 • Dec 19Returns On Capital At E & M Computing (TLV:EMCO) Have StalledWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...分析記事 • Oct 03Does E & M Computing (TLV:EMCO) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Oct 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 21% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (₪349.7m market cap, or US$91.7m).New Risk • Sep 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 21% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₪342.7m market cap, or US$90.5m).Upcoming Dividend • Aug 31Upcoming dividend of ₪0.056 per share at 3.3% yieldEligible shareholders must have bought the stock before 07 September 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Israeli dividend payers (7.2%). Higher than average of industry peers (2.7%).Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: ₪0.058 (vs ₪0.063 in 2Q 2022)Second quarter 2023 results: EPS: ₪0.058 (down from ₪0.063 in 2Q 2022). Revenue: ₪301.1m (up 15% from 2Q 2022). Net income: ₪2.55m (down 8.5% from 2Q 2022). Profit margin: 0.8% (down from 1.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.New Risk • Aug 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪378.5m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (₪378.5m market cap, or US$99.7m).New Risk • Jul 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change).分析記事 • Jul 03E & M Computing (TLV:EMCO) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • May 26First quarter 2023 earnings released: EPS: ₪0.22 (vs ₪0.11 in 1Q 2022)First quarter 2023 results: EPS: ₪0.22 (up from ₪0.11 in 1Q 2022). Revenue: ₪390.5m (up 45% from 1Q 2022). Net income: ₪9.66m (up 90% from 1Q 2022). Profit margin: 2.5% (up from 1.9% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 9% per year.分析記事 • May 23E & M Computing (TLV:EMCO) Hasn't Managed To Accelerate Its ReturnsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₪9.39, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 13x in the IT industry in Israel. Total returns to shareholders of 44% over the past three years.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₪7.97, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 12x in the IT industry in Israel. Total returns to shareholders of 38% over the past three years.Reported Earnings • Mar 29Full year 2022 earnings released: EPS: ₪0.40 (vs ₪0.84 in FY 2021)Full year 2022 results: EPS: ₪0.40 (down from ₪0.84 in FY 2021). Revenue: ₪1.23b (down 20% from FY 2021). Net income: ₪17.7m (down 53% from FY 2021). Profit margin: 1.4% (down from 2.4% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₪8.92, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 18x in the IT industry in Israel. Total returns to shareholders of 27% over the past three years.Upcoming Dividend • Dec 01Upcoming dividend of ₪0.043 per shareEligible shareholders must have bought the stock before 08 December 2022. Payment date: 19 December 2022. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 6.7%. Within top quartile of Israeli dividend payers (6.7%). Higher than average of industry peers (4.2%).Reported Earnings • Nov 26Third quarter 2022 earnings released: EPS: ₪0.05 (vs ₪0.15 in 3Q 2021)Third quarter 2022 results: EPS: ₪0.05 (down from ₪0.15 in 3Q 2021). Revenue: ₪281.0m (down 19% from 3Q 2021). Net income: ₪2.19m (down 67% from 3Q 2021). Profit margin: 0.8% (down from 1.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Chaim Oman was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Non-Executive Director Shai Baileys was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 17Upcoming dividend of ₪0.24 per shareEligible shareholders must have bought the stock before 24 April 2022. Payment date: 10 May 2022. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Israeli dividend payers (5.6%). Higher than average of industry peers (2.6%).Reported Earnings • Apr 03Full year 2021 earnings released: EPS: ₪0.84 (vs ₪0.89 in FY 2020)Full year 2021 results: EPS: ₪0.84 (down from ₪0.89 in FY 2020). Revenue: ₪1.55b (up 10% from FY 2020). Net income: ₪37.4m (down 5.4% from FY 2020). Profit margin: 2.4% (down from 2.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorated over the past weekAfter last week's 40% share price decline to ₪13.13, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 29x in the IT industry in Israel. Total returns to shareholders of 14% over the past three years.Reported Earnings • Nov 27Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: ₪0.15 (up from ₪0.11 in 3Q 2020). Revenue: ₪344.8m (up 14% from 3Q 2020). Net income: ₪6.67m (up 42% from 3Q 2020). Profit margin: 1.9% (up from 1.6% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS ₪0.17 (vs ₪0.22 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₪349.8m (up 16% from 2Q 2020). Net income: ₪7.56m (down 22% from 2Q 2020). Profit margin: 2.2% (down from 3.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Upcoming Dividend • Apr 05Upcoming dividend of ₪0.20 per shareEligible shareholders must have bought the stock before 12 April 2021. Payment date: 05 May 2021. Trailing yield: 3.5%. Lower than top quartile of Israeli dividend payers (5.2%). Higher than average of industry peers (2.3%).Reported Earnings • Mar 31Full year 2020 earnings released: EPS ₪0.89 (vs ₪0.82 in FY 2019)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: ₪1.41b (flat on FY 2019). Net income: ₪39.5m (up 9.1% from FY 2019). Profit margin: 2.8% (up from 2.6% in FY 2019). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Feb 04New 90-day high: ₪25.50The company is up 103% from its price of ₪12.55 on 05 November 2020. The Israeli market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 13% over the same period.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improved over the past weekAfter last week's 47% share price gain to ₪23.80, the stock is trading at a trailing P/E ratio of 25.9x, up from the previous P/E ratio of 17.6x. This compares to an average P/E of 28x in the IT industry in Israel. Total returns to shareholders over the past three years are 150%.Is New 90 Day High Low • Jan 20New 90-day high: ₪15.60The company is up 23% from its price of ₪12.64 on 22 October 2020. The Israeli market is up 25% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 13% over the same period.分析記事 • Jan 19With EPS Growth And More, E & M Computing (TLV:EMCO) Is InterestingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Jan 06Should You Rely On E & M Computing's (TLV:EMCO) Earnings Growth?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...分析記事 • Dec 26Did You Participate In Any Of E & M Computing's (TLV:EMCO) Respectable 82% Return?If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...分析記事 • Dec 14Do Insiders Own Lots Of Shares In E & M Computing Ltd. (TLV:EMCO)?The big shareholder groups in E & M Computing Ltd. ( TLV:EMCO ) have power over the company. Institutions will often...分析記事 • Dec 01E & M Computing Ltd. (TLV:EMCO) Is About To Go Ex-Dividend, And It Pays A 9.4% YieldRegular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see E & M...Upcoming Dividend • Nov 29Upcoming Dividend of ₪0.072 Per ShareWill be paid on the 22nd of December to those who are registered shareholders by the 6th of December. The trailing yield of 9.4% is in the top quartile of Israeli dividend payers (5.3%), and it is higher than industry peers (2.5%).分析記事 • Nov 23E & M Computing (TLV:EMCO) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Nov 16New 90-day high: ₪14.80The company is up 10.0% from its price of ₪13.41 on 18 August 2020. The Israeli market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 8.0% over the same period.Is New 90 Day High Low • Oct 26New 90-day low: ₪12.44The company is down 3.0% from its price of ₪12.79 on 28 July 2020. The Israeli market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is flat over the same period.財務状況分析短期負債: PEAXの 短期資産 ( ₪665.3M ) が 短期負債 ( ₪645.7M ) を超えています。長期負債: PEAXの短期資産 ( ₪665.3M ) が 長期負債 ( ₪170.0M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: PEAXの 純負債対資本比率 ( 97.2% ) は 高い と見なされます。負債の削減: PEAXの負債対資本比率は、過去 5 年間で53.4%から144.3%に増加しました。債務返済能力: PEAXの負債は 営業キャッシュフロー によって 十分にカバーされていません ( 12.3% )。インタレストカバレッジ: PEAXの負債に対する 利息支払い は EBIT ( 3.4 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/17 19:13終値2026/06/17 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Peax Solutions Ltd 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
分析記事 • Aug 15E & M Computing (TLV:EMCO) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Oct 03Does E & M Computing (TLV:EMCO) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Jul 03E & M Computing (TLV:EMCO) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Nov 23E & M Computing (TLV:EMCO) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Jun 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪285.9m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (₪285.9m market cap, or US$98.6m).
Reported Earnings • May 28First quarter 2026 earnings released: EPS: ₪0.079 (vs ₪0.17 in 1Q 2025)First quarter 2026 results: EPS: ₪0.079 (down from ₪0.17 in 1Q 2025). Revenue: ₪357.0m (down 6.4% from 1Q 2025). Net income: ₪3.48m (down 52% from 1Q 2025). Profit margin: 1.0% (down from 1.9% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Apr 17Now 22% overvaluedOver the last 90 days, the stock has fallen 11% to ₪7.97. The fair value is estimated to be ₪6.53, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has grown by 5.1%.
Upcoming Dividend • Apr 06Upcoming dividend of ₪0.14 per shareEligible shareholders must have bought the stock before 13 April 2026. Payment date: 20 April 2026. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Israeli dividend payers (5.5%). Higher than average of industry peers (3.3%).
New Risk • Mar 30New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₪314.3m market cap, or US$99.8m).
Reported Earnings • Mar 30Full year 2025 earnings released: EPS: ₪0.44 (vs ₪0.57 in FY 2024)Full year 2025 results: EPS: ₪0.44 (down from ₪0.57 in FY 2024). Revenue: ₪1.50b (up 3.0% from FY 2024). Net income: ₪19.7m (down 23% from FY 2024). Profit margin: 1.3% (down from 1.8% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 1% per year.
New Risk • Mar 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪310.6m (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (95% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₪310.6m market cap, or US$100.0m).
分析記事 • Dec 03There May Be Some Bright Spots In E & M Computing's (TLV:EMCO) EarningsThe market for E & M Computing Ltd.'s ( TLV:EMCO ) shares didn't move much after it posted weak earnings recently. Our...
Reported Earnings • Nov 27Third quarter 2025 earnings released: EPS: ₪0.018 (vs ₪0.092 in 3Q 2024)Third quarter 2025 results: EPS: ₪0.018 (down from ₪0.092 in 3Q 2024). Revenue: ₪329.8m (down 4.6% from 3Q 2024). Net income: ₪788.0k (down 81% from 3Q 2024). Profit margin: 0.2% (down from 1.2% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
分析記事 • Aug 15E & M Computing (TLV:EMCO) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Buy Or Sell Opportunity • Aug 11Now 24% overvaluedOver the last 90 days, the stock has fallen 7.1% to ₪9.00. The fair value is estimated to be ₪7.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 15%.
分析記事 • Jul 20Returns On Capital At E & M Computing (TLV:EMCO) Have Hit The BrakesWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Buy Or Sell Opportunity • Jul 15Now 23% overvaluedOver the last 90 days, the stock has fallen 2.6% to ₪9.27. The fair value is estimated to be ₪7.56, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 15%.
Reported Earnings • May 28First quarter 2025 earnings released: EPS: ₪0.17 (vs ₪0.17 in 1Q 2024)First quarter 2025 results: EPS: ₪0.17 (down from ₪0.17 in 1Q 2024). Revenue: ₪381.4m (down 4.2% from 1Q 2024). Net income: ₪7.30m (down 3.3% from 1Q 2024). Profit margin: 1.9% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • May 28E & M Computing Ltd., Annual General Meeting, Aug 07, 2025E & M Computing Ltd., Annual General Meeting, Aug 07, 2025. Location: naschitz law offices, Israel
Reported Earnings • Mar 25Full year 2024 earnings released: EPS: ₪0.57 (vs ₪0.50 in FY 2023)Full year 2024 results: EPS: ₪0.57 (up from ₪0.50 in FY 2023). Revenue: ₪1.45b (up 2.0% from FY 2023). Net income: ₪25.5m (up 14% from FY 2023). Profit margin: 1.8% (up from 1.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • Mar 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪367.3m (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks High level of debt (92% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₪367.3m market cap, or US$99.2m).
分析記事 • Mar 03Subdued Growth No Barrier To E & M Computing Ltd.'s (TLV:EMCO) PriceWith a price-to-earnings (or "P/E") ratio of 17.9x E & M Computing Ltd. ( TLV:EMCO ) may be sending bearish signals at...
分析記事 • Dec 06Statutory Profit Doesn't Reflect How Good E & M Computing's (TLV:EMCO) Earnings AreEven though E & M Computing Ltd.'s ( TLV:EMCO ) recent earnings release was robust, the market didn't seem to notice...
Reported Earnings • Nov 29Third quarter 2024 earnings released: EPS: ₪0.092 (vs ₪0.001 loss in 3Q 2023)Third quarter 2024 results: EPS: ₪0.092 (up from ₪0.001 loss in 3Q 2023). Revenue: ₪345.7m (up 14% from 3Q 2023). Net income: ₪4.08m (up ₪4.11m from 3Q 2023). Profit margin: 1.2% (up from 0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
New Risk • Sep 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪371.4m (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 18% per year over the past 5 years. Minor Risks High level of debt (86% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₪371.4m market cap, or US$98.8m).
Reported Earnings • Aug 28Second quarter 2024 earnings released: EPS: ₪0.037 (vs ₪0.058 in 2Q 2023)Second quarter 2024 results: EPS: ₪0.037 (down from ₪0.058 in 2Q 2023). Revenue: ₪325.8m (up 8.2% from 2Q 2023). Net income: ₪1.63m (down 36% from 2Q 2023). Profit margin: 0.5% (down from 0.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
Reported Earnings • May 29First quarter 2024 earnings released: EPS: ₪0.17 (vs ₪0.22 in 1Q 2023)First quarter 2024 results: EPS: ₪0.17 (down from ₪0.22 in 1Q 2023). Revenue: ₪398.2m (up 2.0% from 1Q 2023). Net income: ₪7.55m (down 22% from 1Q 2023). Profit margin: 1.9% (down from 2.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
お知らせ • Apr 09E & M Computing Ltd., Annual General Meeting, May 12, 2024E & M Computing Ltd., Annual General Meeting, May 12, 2024, at 17:00 Israel Standard Time.
分析記事 • Apr 03E & M Computing's (TLV:EMCO) Strong Earnings Are Of Good QualityE & M Computing Ltd. ( TLV:EMCO ) just reported healthy earnings but the stock price didn't move much. We think that...
Reported Earnings • Mar 29Full year 2023 earnings released: EPS: ₪0.50 (vs ₪0.40 in FY 2022)Full year 2023 results: EPS: ₪0.50 (up from ₪0.40 in FY 2022). Revenue: ₪1.42b (up 15% from FY 2022). Net income: ₪22.3m (up 26% from FY 2022). Profit margin: 1.6% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
分析記事 • Jan 29E & M Computing Ltd. (TLV:EMCO) Stock Rockets 27% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, E & M Computing Ltd. ( TLV:EMCO ) shares have been powering on, with a gain of 27% in...
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₪7.05, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 16x in the IT industry in Israel. Total loss to shareholders of 2.0% over the past three years.
分析記事 • Dec 19Returns On Capital At E & M Computing (TLV:EMCO) Have StalledWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
分析記事 • Oct 03Does E & M Computing (TLV:EMCO) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Oct 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 21% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (₪349.7m market cap, or US$91.7m).
New Risk • Sep 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 21% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₪342.7m market cap, or US$90.5m).
Upcoming Dividend • Aug 31Upcoming dividend of ₪0.056 per share at 3.3% yieldEligible shareholders must have bought the stock before 07 September 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Israeli dividend payers (7.2%). Higher than average of industry peers (2.7%).
Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: ₪0.058 (vs ₪0.063 in 2Q 2022)Second quarter 2023 results: EPS: ₪0.058 (down from ₪0.063 in 2Q 2022). Revenue: ₪301.1m (up 15% from 2Q 2022). Net income: ₪2.55m (down 8.5% from 2Q 2022). Profit margin: 0.8% (down from 1.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
New Risk • Aug 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₪378.5m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (₪378.5m market cap, or US$99.7m).
New Risk • Jul 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks High level of debt (85% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change).
分析記事 • Jul 03E & M Computing (TLV:EMCO) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • May 26First quarter 2023 earnings released: EPS: ₪0.22 (vs ₪0.11 in 1Q 2022)First quarter 2023 results: EPS: ₪0.22 (up from ₪0.11 in 1Q 2022). Revenue: ₪390.5m (up 45% from 1Q 2022). Net income: ₪9.66m (up 90% from 1Q 2022). Profit margin: 2.5% (up from 1.9% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 9% per year.
分析記事 • May 23E & M Computing (TLV:EMCO) Hasn't Managed To Accelerate Its ReturnsDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₪9.39, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 13x in the IT industry in Israel. Total returns to shareholders of 44% over the past three years.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₪7.97, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 12x in the IT industry in Israel. Total returns to shareholders of 38% over the past three years.
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: ₪0.40 (vs ₪0.84 in FY 2021)Full year 2022 results: EPS: ₪0.40 (down from ₪0.84 in FY 2021). Revenue: ₪1.23b (down 20% from FY 2021). Net income: ₪17.7m (down 53% from FY 2021). Profit margin: 1.4% (down from 2.4% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₪8.92, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 18x in the IT industry in Israel. Total returns to shareholders of 27% over the past three years.
Upcoming Dividend • Dec 01Upcoming dividend of ₪0.043 per shareEligible shareholders must have bought the stock before 08 December 2022. Payment date: 19 December 2022. Payout ratio is a comfortable 26% but the company is paying out more than the cash it is generating. Trailing yield: 6.7%. Within top quartile of Israeli dividend payers (6.7%). Higher than average of industry peers (4.2%).
Reported Earnings • Nov 26Third quarter 2022 earnings released: EPS: ₪0.05 (vs ₪0.15 in 3Q 2021)Third quarter 2022 results: EPS: ₪0.05 (down from ₪0.15 in 3Q 2021). Revenue: ₪281.0m (down 19% from 3Q 2021). Net income: ₪2.19m (down 67% from 3Q 2021). Profit margin: 0.8% (down from 1.9% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Chaim Oman was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Non-Executive Director Shai Baileys was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 17Upcoming dividend of ₪0.24 per shareEligible shareholders must have bought the stock before 24 April 2022. Payment date: 10 May 2022. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Israeli dividend payers (5.6%). Higher than average of industry peers (2.6%).
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: ₪0.84 (vs ₪0.89 in FY 2020)Full year 2021 results: EPS: ₪0.84 (down from ₪0.89 in FY 2020). Revenue: ₪1.55b (up 10% from FY 2020). Net income: ₪37.4m (down 5.4% from FY 2020). Profit margin: 2.4% (down from 2.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.
Valuation Update With 7 Day Price Move • Mar 06Investor sentiment deteriorated over the past weekAfter last week's 40% share price decline to ₪13.13, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 29x in the IT industry in Israel. Total returns to shareholders of 14% over the past three years.
Reported Earnings • Nov 27Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: EPS: ₪0.15 (up from ₪0.11 in 3Q 2020). Revenue: ₪344.8m (up 14% from 3Q 2020). Net income: ₪6.67m (up 42% from 3Q 2020). Profit margin: 1.9% (up from 1.6% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 26Second quarter 2021 earnings released: EPS ₪0.17 (vs ₪0.22 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₪349.8m (up 16% from 2Q 2020). Net income: ₪7.56m (down 22% from 2Q 2020). Profit margin: 2.2% (down from 3.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Upcoming Dividend • Apr 05Upcoming dividend of ₪0.20 per shareEligible shareholders must have bought the stock before 12 April 2021. Payment date: 05 May 2021. Trailing yield: 3.5%. Lower than top quartile of Israeli dividend payers (5.2%). Higher than average of industry peers (2.3%).
Reported Earnings • Mar 31Full year 2020 earnings released: EPS ₪0.89 (vs ₪0.82 in FY 2019)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: ₪1.41b (flat on FY 2019). Net income: ₪39.5m (up 9.1% from FY 2019). Profit margin: 2.8% (up from 2.6% in FY 2019). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Feb 04New 90-day high: ₪25.50The company is up 103% from its price of ₪12.55 on 05 November 2020. The Israeli market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 13% over the same period.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improved over the past weekAfter last week's 47% share price gain to ₪23.80, the stock is trading at a trailing P/E ratio of 25.9x, up from the previous P/E ratio of 17.6x. This compares to an average P/E of 28x in the IT industry in Israel. Total returns to shareholders over the past three years are 150%.
Is New 90 Day High Low • Jan 20New 90-day high: ₪15.60The company is up 23% from its price of ₪12.64 on 22 October 2020. The Israeli market is up 25% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 13% over the same period.
分析記事 • Jan 19With EPS Growth And More, E & M Computing (TLV:EMCO) Is InterestingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
分析記事 • Jan 06Should You Rely On E & M Computing's (TLV:EMCO) Earnings Growth?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...
分析記事 • Dec 26Did You Participate In Any Of E & M Computing's (TLV:EMCO) Respectable 82% Return?If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...
分析記事 • Dec 14Do Insiders Own Lots Of Shares In E & M Computing Ltd. (TLV:EMCO)?The big shareholder groups in E & M Computing Ltd. ( TLV:EMCO ) have power over the company. Institutions will often...
分析記事 • Dec 01E & M Computing Ltd. (TLV:EMCO) Is About To Go Ex-Dividend, And It Pays A 9.4% YieldRegular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see E & M...
Upcoming Dividend • Nov 29Upcoming Dividend of ₪0.072 Per ShareWill be paid on the 22nd of December to those who are registered shareholders by the 6th of December. The trailing yield of 9.4% is in the top quartile of Israeli dividend payers (5.3%), and it is higher than industry peers (2.5%).
分析記事 • Nov 23E & M Computing (TLV:EMCO) Has A Pretty Healthy Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Nov 16New 90-day high: ₪14.80The company is up 10.0% from its price of ₪13.41 on 18 August 2020. The Israeli market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is down 8.0% over the same period.
Is New 90 Day High Low • Oct 26New 90-day low: ₪12.44The company is down 3.0% from its price of ₪12.79 on 28 July 2020. The Israeli market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is flat over the same period.