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Israeli (TA) Utilities Sector Analysis

UpdatedMar 03, 2024
DataAggregated Company Financials
Companies13
  • 7D-0.5%
  • 3M6.8%
  • 1Y1.6%
  • YTD-7.1%

In the last week, Utilities has been flat. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 59% per annum.

Sector Valuation and Performance

Has the Israeli Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Mar 2024₪34.4b₪7.5b-₪2,683,076,461.0128.8x-12.8x4.6x
Tue, 30 Jan 2024₪36.2b₪7.8b-₪3,053,922,022.0032.1x-11.9x4.7x
Thu, 28 Dec 2023₪35.2b₪7.7b-₪3,064,526,868.0030.4x-11.5x4.6x
Sat, 25 Nov 2023₪31.7b₪7.6b-₪1,650,238,543.0025x-19.2x4.2x
Mon, 23 Oct 2023₪28.3b₪7.5b-₪1,848,686,834.0021.4x-15.3x3.8x
Wed, 20 Sep 2023₪32.1b₪7.0b-₪2,031,464,666.0029.4x-15.8x4.6x
Fri, 18 Aug 2023₪32.0b₪6.7b-₪713,036,445.0031.8x-44.9x4.8x
Sun, 16 Jul 2023₪32.1b₪6.3b-₪717,287,958.0032.3x-44.7x5.1x
Tue, 13 Jun 2023₪33.6b₪6.3b₪327.1m22.7x102.6x5.4x
Thu, 11 May 2023₪33.3b₪6.0b₪2.5b26.2x13.2x5.5x
Sat, 08 Apr 2023₪33.9b₪6.0b₪1.5b65.8x21.9x5.7x
Mon, 06 Mar 2023₪32.4b₪5.8b₪5.8b64.3x5.6x5.5x
Wed, 01 Feb 2023₪36.0b₪5.6b₪5.5b71.4x6.6x6.4x
Fri, 30 Dec 2022₪34.9b₪5.6b₪5.5b74.9x6.3x6.2x
Sun, 27 Nov 2022₪37.8b₪5.4b₪5.2b76.7x7.3x7x
Tue, 25 Oct 2022₪38.7b₪5.2b₪5.1b59.8x7.6x7.5x
Thu, 22 Sep 2022₪40.5b₪5.0b₪4.7b62x8.7x8x
Sat, 20 Aug 2022₪44.6b₪4.8b₪4.4b52.1x10x9.2x
Mon, 18 Jul 2022₪35.9b₪4.8b₪4.7b47.8x7.7x7.4x
Wed, 15 Jun 2022₪34.9b₪4.8b₪4.7b50.4x7.5x7.2x
Fri, 13 May 2022₪35.7b₪4.5b₪2.9b65.1x12.1x7.9x
Sun, 10 Apr 2022₪40.0b₪4.3b₪2.6b58.4x15.4x9.2x
Tue, 08 Mar 2022₪40.2b₪4.2b₪1.8b117.1x22x9.7x
Thu, 03 Feb 2022₪39.2b₪4.1b₪1.7b115x22.4x9.5x
Sat, 01 Jan 2022₪38.0b₪3.9b₪1.7b139.6x21.8x9.6x
Mon, 29 Nov 2021₪38.0b₪3.9b₪1.2b114.7x30.7x9.8x
Wed, 27 Oct 2021₪36.2b₪3.9b₪1.3b119.8x28.8x9.4x
Fri, 24 Sep 2021₪34.9b₪3.9b₪1.3b111.5x27.7x9x
Sun, 22 Aug 2021₪32.3b₪3.8b₪1.3b105.9x25.4x8.5x
Fri, 09 Jul 2021₪32.7b₪3.8b₪1.3b127x25.7x8.6x
Thu, 01 Apr 2021₪31.4b₪3.7b₪1.8b74.8x17.9x8.5x
Price to Earnings Ratio

25.7x


Total Market Cap: ₪30.8bTotal Earnings: ₪1.2bTotal Revenue: ₪3.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli Utilities Sector Price to Earnings3Y Average 7.4x202220232024
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 3-year average PS ratio of 7.1x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
  • Total earnings for the Utilities industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 30% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Israeli Utilities sector?

IL Market2.57%
Utilities-0.53%
Electric Utilities0%
Gas Utilities0%
Other Utilities0%
Water Utilities0%
Renewable Energy-0.53%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 59% over the next 5 years.
    • However this is lower than its past earnings growth rate of 118% per year.
    • In contrast, the Renewable Energy industry is expected to see its earnings grow by 59% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    ECNR Econergy Renewable Energy₪16.287.7%
    +₪53.3m
    10.7%PE132.3x
    MSKE Meshek Energy - Renewable Energies₪2.880.3%
    +₪6.4m
    -31.0%PE68.1x
    PRIM Prime Energy P.E₪2.547.6%
    +₪5.3m
    39.0%PS7.9x
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    Latest News

    ENRG

    ₪13.39

    Energix - Renewable Energies

    7D

    -0.7%

    1Y

    31.9%

    ENLT

    ₪61.72

    Enlight Renewable Energy

    7D

    -4.9%

    1Y

    7.2%

    NOFR

    ₪87.31

    O.Y. Nofar Energy

    7D

    -2.4%

    1Y

    -0.3%

    ECNR

    ₪16.28

    Econergy Renewable Energy

    7D

    7.7%

    1Y

    10.7%

    MSKE

    ₪2.88

    Meshek Energy - Renewable Energies

    7D

    0.3%

    1Y

    -31.0%

    PRIM

    ₪2.54

    Prime Energy P.E

    7D

    7.6%

    1Y

    39.0%

    SNFL

    ₪6.23

    Sunflower Sustainable Investments

    7D

    -3.4%

    1Y

    43.3%

    DORL

    ₪7.60

    Doral Group Renewable Energy Resources

    7D

    -1.9%

    1Y

    12.3%

    ZPRS

    ₪18.51

    Zephyrus Wing Energies

    7D

    -3.1%

    1Y

    n/a