Reported Earnings • Aug 21
Second quarter 2026 earnings released: EPS: ₪1.19 (vs ₪1.33 in 2Q 2025) Second quarter 2026 results: EPS: ₪1.19 (down from ₪1.33 in 2Q 2025). Revenue: ₪1.82b (up 1.7% from 2Q 2025). Net income: ₪27.0m (down 10.0% from 2Q 2025). Profit margin: 1.5% (down from 1.7% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Aug 20
Now 23% overvalued Over the last 90 days, the stock has fallen 21% to ₪63.76. The fair value is estimated to be ₪51.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 45%. Announcement • Aug 18
Electra Consumer Products (1970) Ltd to Report Q2, 2026 Results on Aug 20, 2026 Electra Consumer Products (1970) Ltd announced that they will report Q2, 2026 results on Aug 20, 2026 Reported Earnings • May 28
First quarter 2026 earnings released: EPS: ₪1.10 (vs ₪2.37 in 1Q 2025) First quarter 2026 results: EPS: ₪1.10 (down from ₪2.37 in 1Q 2025). Revenue: ₪1.87b (up 6.3% from 1Q 2025). Net income: ₪26.0m (down 53% from 1Q 2025). Profit margin: 1.4% (down from 3.1% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • May 09
Electra Consumer Products (1970) Ltd(TASE:ECP) dropped from TA-125 Index Electra Consumer Products (1970) Ltd. has been dropped from the TA-125 Index. Valuation Update With 7 Day Price Move • May 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪83.72, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 19x in the Consumer Durables industry in Asia. Total loss to shareholders of 8.9% over the past three years. New Risk • Apr 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 7.3% 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 Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 7.9% 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 (7.3% average weekly change). Large one-off items impacting financial results. New Risk • Mar 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 64% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 7.9% 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. Large one-off items impacting financial results. Declared Dividend • Mar 27
Final dividend of ₪1.73 announced Shareholders will receive a dividend of ₪1.73. Ex-date: 3rd April 2026 Payment date: 14th April 2026 Dividend yield will be 4.6%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 13
Electra Consumer Products (1970) Ltd to Report Q4, 2025 Results on Mar 25, 2026 Electra Consumer Products (1970) Ltd announced that they will report Q4, 2025 results on Mar 25, 2026 New Risk • Feb 19
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 8.7% 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. Large one-off items impacting financial results. New Risk • Dec 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 63% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 8.7% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 27
Third quarter 2025 earnings released: EPS: ₪1.45 (vs ₪1.58 in 3Q 2024) Third quarter 2025 results: EPS: ₪1.45 (down from ₪1.58 in 3Q 2024). Revenue: ₪2.03b (up 2.3% from 3Q 2024). Net income: ₪34.0m (down 6.7% from 3Q 2024). Profit margin: 1.7% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Nov 27
Electra Consumer Products (1970) Ltd, Annual General Meeting, Jan 01, 2026 Electra Consumer Products (1970) Ltd, Annual General Meeting, Jan 01, 2026. Location: elko offices, Israel Announcement • Nov 17
Electra Consumer Products (1970) Ltd to Report Q3, 2025 Results on Dec 01, 2025 Electra Consumer Products (1970) Ltd announced that they will report Q3, 2025 results on Dec 01, 2025 New Risk • Sep 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 70% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 7.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. New Risk • Aug 28
New major risk - Revenue and earnings growth Earnings have declined by 7.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Earnings have declined by 7.2% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Aug 28
Second quarter 2025 earnings released: EPS: ₪1.33 (vs ₪0.24 in 2Q 2024) Second quarter 2025 results: EPS: ₪1.33 (up from ₪0.24 in 2Q 2024). Revenue: ₪1.79b (up 1.5% from 2Q 2024). Net income: ₪30.0m (up 438% from 2Q 2024). Profit margin: 1.7% (up from 0.3% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year. Announcement • Aug 07
Electra Consumer Products (1970) Ltd to Report Q2, 2025 Results on Aug 27, 2025 Electra Consumer Products (1970) Ltd announced that they will report Q2, 2025 results on Aug 27, 2025 New Risk • Jul 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 6.4% 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 Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪113, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 22x in the Consumer Durables industry in Israel. Total loss to shareholders of 27% over the past three years. Reported Earnings • May 28
First quarter 2025 earnings released: EPS: ₪2.37 (vs ₪0.98 in 1Q 2024) First quarter 2025 results: EPS: ₪2.37 (up from ₪0.98 in 1Q 2024). Revenue: ₪1.76b (flat on 1Q 2024). Net income: ₪55.0m (up 141% from 1Q 2024). Profit margin: 3.1% (up from 1.3% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • May 28
Electra Consumer Products (1970) Ltd (TASE:ECP) announces an Equity Buyback for ILS 100 million worth of its shares. Electra Consumer Products (1970) Ltd (TASE:ECP) announces a share repurchase program. Under the program, the company will repurchase up to ILS 100 million worth of its shares. The purpose of the program is to increase the yield per share for the benefit of the company's shareholders. The program will be funded from the company's own financial sources. The program will expire on August 9, 2028. Announcement • May 25
Electra Consumer Products (1970) Ltd to Report Q1, 2025 Results on May 27, 2025 Electra Consumer Products (1970) Ltd announced that they will report Q1, 2025 results on May 27, 2025 Announcement • Mar 25
Electra Consumer Products (1970) Ltd announces Annual dividend, payable on April 08, 2025 Electra Consumer Products (1970) Ltd. announced Annual dividend of ILS 1.7228 per share payable on April 08, 2025, ex-date on March 31, 2025. Reported Earnings • Mar 24
Full year 2024 earnings released: EPS: ₪3.37 (vs ₪2.54 loss in FY 2023) Full year 2024 results: EPS: ₪3.37 (up from ₪2.54 loss in FY 2023). Revenue: ₪7.41b (up 14% from FY 2023). Net income: ₪78.0m (up ₪132.9m from FY 2023). Profit margin: 1.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Feb 18
Electra Consumer Products (1970) Ltd to Report Q4, 2024 Results on Mar 25, 2025 Electra Consumer Products (1970) Ltd announced that they will report Q4, 2024 results on Mar 25, 2025 Reported Earnings • Nov 26
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₪1.98b (up 7.4% from 3Q 2023). Net income: ₪36.4m (up 269% from 3Q 2023). Profit margin: 1.8% (up from 0.5% in 3Q 2023). Announcement • Nov 26
Electra Consumer Products (1970) Ltd, Annual General Meeting, Jan 01, 2025 Electra Consumer Products (1970) Ltd, Annual General Meeting, Jan 01, 2025. Location: elco offices, Israel New Risk • Nov 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Israeli stocks, typically moving 5.8% 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 Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 6.2% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (106% payout ratio). Share price has been volatile over the past 3 months (5.8% average weekly change). Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: ₪0.24 (vs ₪0.99 loss in 2Q 2023) Second quarter 2024 results: EPS: ₪0.24 (up from ₪0.99 loss in 2Q 2023). Revenue: ₪1.77b (up 14% from 2Q 2023). Net income: ₪5.57m (up ₪26.9m from 2Q 2023). Profit margin: 0.3% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • Aug 26
Electra Consumer Products (1970) Ltd to Report Q2, 2024 Results on Aug 28, 2024 Electra Consumer Products (1970) Ltd announced that they will report Q2, 2024 results on Aug 28, 2024 Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent External Director Gad Lesin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 08
New major risk - Revenue and earnings growth Earnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 235% Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (5.6% increase in shares outstanding). Announcement • May 28
Electra Consumer Products (1970) Ltd to Report Q1, 2024 Results on May 29, 2024 Electra Consumer Products (1970) Ltd announced that they will report Q1, 2024 results on May 29, 2024 Reported Earnings • Mar 26
Full year 2023 earnings released: ₪2.54 loss per share (vs ₪4.74 profit in FY 2022) Full year 2023 results: ₪2.54 loss per share (down from ₪4.74 profit in FY 2022). Revenue: ₪6.50b (up 4.2% from FY 2022). Net loss: ₪54.9m (down 153% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Mar 21
Electra Consumer Products (1970) Ltd to Report Q4, 2023 Results on Mar 26, 2024 Electra Consumer Products (1970) Ltd announced that they will report Q4, 2023 results on Mar 26, 2024 New Risk • Mar 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Shareholders have been diluted in the past year (5.9% increase in shares outstanding). Reported Earnings • Nov 28
Third quarter 2023 earnings released: EPS: ₪0.46 (vs ₪0.94 in 3Q 2022) Third quarter 2023 results: EPS: ₪0.46 (down from ₪0.94 in 3Q 2022). Revenue: ₪1.84b (up 9.3% from 3Q 2022). Net income: ₪9.87m (down 52% from 3Q 2022). Profit margin: 0.5% (down from 1.2% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Nov 27
Electra Consumer Products (1970) Ltd, Annual General Meeting, Jan 02, 2024 Electra Consumer Products (1970) Ltd, Annual General Meeting, Jan 02, 2024, at 17:00 Israel Standard Time. Announcement • Nov 26
Electra Consumer Products (1970) Ltd to Report Q3, 2023 Results on Nov 27, 2023 Electra Consumer Products (1970) Ltd announced that they will report Q3, 2023 results on Nov 27, 2023 Reported Earnings • Sep 02
Second quarter 2023 earnings released: ₪0.99 loss per share (vs ₪0.92 profit in 2Q 2022) Second quarter 2023 results: ₪0.99 loss per share (down from ₪0.92 profit in 2Q 2022). Revenue: ₪1.55b (up 1.5% from 2Q 2022). Net loss: ₪21.4m (down 207% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Jun 03
First quarter 2023 earnings released: ₪0.49 loss per share (vs ₪2.12 profit in 1Q 2022) First quarter 2023 results: ₪0.49 loss per share (down from ₪2.12 profit in 1Q 2022). Revenue: ₪1.51b (up 3.8% from 1Q 2022). Net loss: ₪10.5m (down 123% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 28
Full year 2022 earnings released: EPS: ₪4.74 (vs ₪7.47 in FY 2021) Full year 2022 results: EPS: ₪4.74 (down from ₪7.47 in FY 2021). Revenue: ₪6.24b (up 34% from FY 2021). Net income: ₪102.9m (down 37% from FY 2021). Profit margin: 1.6% (down from 3.5% in FY 2021). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₪99.98, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 15x in the Consumer Durables industry in Israel. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₪113, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 18x in the Consumer Durables industry in Israel. Total returns to shareholders of 108% over the past three years. Reported Earnings • Nov 29
Third quarter 2022 earnings released: EPS: ₪0.94 (vs ₪2.48 in 3Q 2021) Third quarter 2022 results: EPS: ₪0.94 (down from ₪2.48 in 3Q 2021). Revenue: ₪1.68b (up 8.3% from 3Q 2021). Net income: ₪20.5m (down 63% from 3Q 2021). Profit margin: 1.2% (down from 3.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improved over the past week After last week's 16% share price gain to ₪132, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 15x in the Consumer Durables industry in Israel. Total returns to shareholders of 157% over the past three years. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 12
Upcoming dividend of ₪1.38 per share Eligible shareholders must have bought the stock before 19 September 2022. Payment date: 02 October 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Israeli dividend payers (6.0%). Lower than average of industry peers (2.7%). Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: ₪0.92 (vs ₪2.70 in 2Q 2021) Second quarter 2022 results: EPS: ₪0.92 (down from ₪2.70 in 2Q 2021). Revenue: ₪1.52b (up 70% from 2Q 2021). Net income: ₪20.0m (down 66% from 2Q 2021). Profit margin: 1.3% (down from 6.6% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • Aug 12
Electra Consumer Products (1970) Ltd (TASE:ECP) announces an Equity Buyback for ILS 100 million worth of its shares. Electra Consumer Products (1970) Ltd (TASE:ECP) announces a share repurchase program. Under the program, the company will repurchase up to ILS 100 million worth of its shares. The purpose of the program is to increase the yield per share for the benefit of the company's shareholders. The program will be funded from the company's own financial sources. The program will expire on August 9, 2025. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improved over the past week After last week's 16% share price gain to ₪156, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 16x in the Consumer Durables industry in Israel. Total returns to shareholders of 353% over the past three years. Announcement • Jun 10
Electra Consumer Products (1970) Ltd (TASE:ECP) signed a memorandum of understanding to acquire 49% stake in Maman Ltd. from Arik Maman for ILS 15 million. Electra Consumer Products (1970) Ltd (TASE:ECP) signed a memorandum of understanding to acquire 49% stake in Maman Ltd. from Arik Maman for ILS 15 million on April 26, 2022. Electra Consumer Products will pay an additional ILS 15 million for the balance of the shares and full ownership, When Electra Consumer Products receives approval from Adidas. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Mar 08
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₪7.47 (up from ₪3.85 in FY 2020). Revenue: ₪4.65b (up 81% from FY 2020). Net income: ₪164.1m (up 94% from FY 2020). Profit margin: 3.5% (up from 3.3% in FY 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 increased by 83% per year but the company’s share price has only increased by 69% per year, which means it is significantly lagging earnings growth. Announcement • Mar 06
Electra Consumer Products (1970) Ltd to Report Q4, 2021 Results on Mar 06, 2022 Electra Consumer Products (1970) Ltd announced that they will report Q4, 2021 results on Mar 06, 2022 Reported Earnings • Nov 19
Third quarter 2021 earnings released The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ₪1.56b (up 110% from 3Q 2020). Net income: ₪54.6m (up 33% from 3Q 2020). Profit margin: 3.5% (down from 5.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year whereas the company’s share price has increased by 67% per year. Reported Earnings • May 15
First quarter 2021 earnings released: EPS ₪1.60 (vs ₪1.19 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₪697.2m (up 8.5% from 1Q 2020). Net income: ₪35.1m (up 34% from 1Q 2020). Profit margin: 5.0% (up from 4.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 07
Electra Consumer Products (1970) Ltd (TASE:ECP) signed an agreement to acquire 35.05% stake in Bitan Wines Ltd. from Bitan family for approximately ILS 190 million. Electra Consumer Products (1970) Ltd (TASE:ECP) signed an agreement to acquire 35.05% stake in Bitan Wines Ltd. from Bitan family for approximately ILS 190 million on May 5, 2021. The consideration of ILS 143 million will be against an allocation of shares and ILS 50 million will be through the purchase of shares from Nahum and Nurit Bitan. At the same time, The Phoenix Holdings Ltd. (TASE: PHOE1;PHOE5) will buy 15% of the shares in Yeinot Bitan, bringing The Phoenix and Electra Consumer Products' total stake in Yeinot Bitan to 50.05%. The Bitan family will continue to own the rest of the sharers. The deal is subject to several conditions, among them approval by the Competition Commissioner and by the banks. Post completion, Yeinot Bitan's assets will become part of Electra Consumer Products' food retailing and convenience store arm. Is New 90 Day High Low • Feb 08
New 90-day high: ₪135 The company is up 44% from its price of ₪93.60 on 10 November 2020. The Israeli market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 21
New 90-day high: ₪119 The company is up 32% from its price of ₪90.30 on 22 October 2020. The Israeli market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: ₪100.00 The company is up 6.0% from its price of ₪94.50 on 24 September 2020. The Israeli market is up 19% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Consumer Durables industry, which is also up 6.0% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: ₪99.13 The company is up 4.0% from its price of ₪95.10 on 08 September 2020. The Israeli market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 6.0% over the same period.