Israeli (TA) Utilities Sector Analysis
UpdatedDec 08, 2022
DataAggregated Company Financials
Companies13
- 7D-2.7%
- 3M-11.8%
- 1Y-9.9%
- YTD-11.6%
Over the last 7 days, the Utilities industry has dropped 1.8%, driven by declines in Enlight Renewable Energy and Kenon Holdings of 4.6% and 4.4%, respectively. However, the industry is down 8.5% over the past year.
Sector Valuation and Performance
Has the Israeli Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Dec 2022 | ₪36.0b | ₪5.6b | ₪5.4b | 75.2x | 6.7x | 6.4x |
| Sat, 05 Nov 2022 | ₪37.5b | ₪5.2b | ₪5.2b | 59.8x | 7.3x | 7.2x |
| Mon, 03 Oct 2022 | ₪38.2b | ₪5.2b | ₪5.1b | 60.7x | 7.4x | 7.4x |
| Wed, 31 Aug 2022 | ₪44.3b | ₪4.9b | ₪4.6b | 52.9x | 9.6x | 8.9x |
| Fri, 29 Jul 2022 | ₪37.0b | ₪4.8b | ₪4.6b | 51.9x | 8x | 7.7x |
| Sun, 26 Jun 2022 | ₪36.8b | ₪4.8b | ₪4.6b | 45.1x | 8x | 7.6x |
| Tue, 24 May 2022 | ₪36.8b | ₪4.4b | ₪2.9b | 69.2x | 12.9x | 8.3x |
| Thu, 21 Apr 2022 | ₪40.3b | ₪4.4b | ₪2.8b | 75.6x | 14.6x | 9.2x |
| Sat, 19 Mar 2022 | ₪43.0b | ₪4.1b | ₪1.8b | 112.5x | 24.5x | 10.4x |
| Mon, 14 Feb 2022 | ₪37.6b | ₪4.1b | ₪1.8b | 112.3x | 21x | 9.1x |
| Wed, 12 Jan 2022 | ₪37.8b | ₪4.1b | ₪1.7b | 117.1x | 21.8x | 9.3x |
| Fri, 10 Dec 2021 | ₪37.7b | ₪3.9b | ₪1.7b | 133.6x | 21.6x | 9.6x |
| Sun, 07 Nov 2021 | ₪38.7b | ₪3.8b | ₪1.2b | 120.7x | 32x | 10.1x |
| Tue, 05 Oct 2021 | ₪32.2b | ₪3.9b | ₪1.3b | 106.3x | 25.3x | 8.3x |
| Thu, 02 Sep 2021 | ₪32.9b | ₪3.8b | ₪1.3b | 110.9x | 25.9x | 8.6x |
| Sat, 31 Jul 2021 | ₪33.1b | ₪3.8b | ₪1.3b | 124.3x | 26x | 8.7x |
| Tue, 04 May 2021 | ₪32.0b | ₪3.7b | ₪1.8b | 77.1x | 18.2x | 8.7x |
| Fri, 05 Feb 2021 | ₪30.3b | ₪3.4b | ₪1.2b | 53.2x | 25.3x | 8.9x |
| Mon, 09 Nov 2020 | ₪27.5b | ₪3.2b | ₪1.2b | 134x | 22.5x | 8.6x |
| Sun, 02 Aug 2020 | ₪22.5b | ₪3.1b | ₪1.0b | 65.2x | 21.8x | 7.3x |
| Wed, 06 May 2020 | ₪17.0b | ₪3.1b | ₪54.4m | 81.5x | 312.2x | 5.4x |
| Sat, 08 Feb 2020 | ₪18.2b | ₪3.2b | -₪9,324,249.20 | 67.5x | -1955.8x | 5.8x |
Price to Earnings Ratio
-1754.3x
Current Industry PE
- Investors are pessimistic on the Israeli Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 6.8x which is higher than its 3-year average PE of -111x.
- The 3-year average PS ratio of 8.0x is higher than the industry's current PS ratio of 6.5x.
Past Earnings Growth
- Total earnings for the Utilities industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 21% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Israeli Utilities sector?
| IL Market | -2.07% | |
| Utilities | -2.70% | |
| Electric Utilities | 0% | |
| Gas Utilities | 0% | |
| Other Utilities | 0% | |
| Water Utilities | 0% | |
| Renewable Energy | -2.72% | |
Industry PE
- Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Renewable Energy industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| OPCE OPC Energy | ₪39.00 | 2.7% +₪206.3m | 16.7% | PE90.7x | |
| SLGN Solegreen | ₪10.17 | 17.7% +₪42.8m | -62.8% | PS1.6x | |
| PRIM Prime Energy P.E | ₪3.38 | 3.8% +₪3.6m | -66.4% | PS15.7x |