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DLEK

Delek GroupTASE:DLEKG Stock Report

Last Price

₪333.00

Market Cap

₪5.9b

7D

9.4%

1Y

208.0%

Updated

22 Jan, 2022

Data

Company Financials
DLEKG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

DLEKG Stock Overview

Delek Group Ltd., an energy company, engages in the exploration and production of oil and gas in Israel and internationally.

Delek Group Competitors

Exxon Mobil

NYSE:XOM

US$305.5b

Chevron

NYSE:CVX

US$244.6b

Shell

ENXTAM:RDSA

€164.8b

PetroChina

SEHK:857

HK$1.1t

Price History & Performance

Summary of all time highs, changes and price drops for Delek Group
Historical stock prices
Current Share Price₪333.00
52 Week High₪347.00
52 Week Low₪99.81
Beta2.12
1 Month Change29.47%
3 Month Change23.56%
1 Year Change208.05%
3 Year Change-45.46%
5 Year Change-59.93%
Change since IPO3,819.49%

Recent News & Updates

Dec 26
Does Delek Group (TLV:DLEKG) Have A Healthy Balance Sheet?

Does Delek Group (TLV:DLEKG) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Jul 26
Delek Group (TLV:DLEKG) Has A Somewhat Strained Balance Sheet

Delek Group (TLV:DLEKG) Has A Somewhat Strained Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

DLEKGIL Oil and GasIL Market
7D9.4%4.5%-1.2%
1Y208.0%63.7%37.7%

Return vs Industry: DLEKG exceeded the IL Oil and Gas industry which returned 63.7% over the past year.

Return vs Market: DLEKG exceeded the IL Market which returned 37.7% over the past year.

Price Volatility

Is DLEKG's price volatile compared to industry and market?
DLEKG volatility
DLEKG Average Weekly Movement6.1%
Oil and Gas Industry Average Movement4.6%
Market Average Movement4.5%
10% most volatile stocks in IL Market8.5%
10% least volatile stocks in IL Market3.0%

Stable Share Price: DLEKG is more volatile than 75% of IL stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: DLEKG's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of IL stocks.

About the Company

FoundedEmployeesCEOWebsite
1951n/aIdan Walashttps://www.delek-group.com

Delek Group Ltd., an energy company, engages in the exploration and production of oil and gas in Israel and internationally. The company operates in Energy in Israel and Energy Abroad segments. It holds interests in the Tamar, Leviathan, and Aphrodite reservoirs in Cyprus; has rights to oil assets in the Gulf of Mexico and Canada, as well as oil and gas reserves in the North Sea off the coast of England; and owns production, treatment, and storage facilities.

Delek Group Fundamentals Summary

How do Delek Group's earnings and revenue compare to its market cap?
DLEKG fundamental statistics
Market Cap₪5.89b
Earnings (TTM)₪1.66b
Revenue (TTM)₪7.35b

3.5x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DLEKG income statement (TTM)
Revenue₪7.35b
Cost of Revenue₪3.72b
Gross Profit₪3.62b
Expenses₪1.96b
Earnings₪1.66b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)93.89
Gross Margin49.32%
Net Profit Margin22.62%
Debt/Equity Ratio411.1%

How did DLEKG perform over the long term?

See historical performance and comparison

Valuation

Is Delek Group undervalued compared to its fair value and its price relative to the market?

3.55x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate DLEKG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate DLEKG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: DLEKG is good value based on its PE Ratio (3.5x) compared to the IL Oil and Gas industry average (9.9x).

PE vs Market: DLEKG is good value based on its PE Ratio (3.5x) compared to the IL market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DLEKG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DLEKG is overvalued based on its PB Ratio (3.1x) compared to the IL Oil and Gas industry average (1.6x).


Future Growth

How is Delek Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.3%

Forecasted Energy industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if DLEKG's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if DLEKG's earnings are forecast to grow faster than the IL market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if DLEKG's revenue is forecast to grow faster than the IL market.

High Growth Revenue: Insufficient data to determine if DLEKG's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if DLEKG's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Delek Group performed over the past 5 years?

-18.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DLEKG has a large one-off loss of ₪1.3B impacting its September 30 2021 financial results.

Growing Profit Margin: DLEKG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: DLEKG has become profitable over the past 5 years, growing earnings by -18.4% per year.

Accelerating Growth: DLEKG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: DLEKG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (87%).


Return on Equity

High ROE: Whilst DLEKG's Return on Equity (31.48%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Delek Group's financial position?


Financial Position Analysis

Short Term Liabilities: DLEKG's short term assets (₪8.8B) do not cover its short term liabilities (₪12.6B).

Long Term Liabilities: DLEKG's short term assets (₪8.8B) do not cover its long term liabilities (₪19.6B).


Debt to Equity History and Analysis

Debt Level: DLEKG's net debt to equity ratio (343.9%) is considered high.

Reducing Debt: DLEKG's debt to equity ratio has increased from 169.4% to 411.1% over the past 5 years.

Debt Coverage: DLEKG's debt is not well covered by operating cash flow (14.9%).

Interest Coverage: DLEKG's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


Dividend

What is Delek Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate DLEKG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DLEKG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DLEKG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DLEKG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: DLEKG is not paying a notable dividend for the IL market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DLEKG's dividend in 3 years as they are not forecast to pay a notable one for the IL market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.0yrs

Average management tenure


CEO

Idan Walas (44 yo)

2yrs

Tenure

₪3,484,000

Compensation

Advocate Idan Walas served as a Director of Delek Drilling Management (1993) Ltd. General Partner of Delek Drilling - Limited Partnership since January 07, 2020. Adv.Wallace has been Chief Executive Offic...


CEO Compensation Analysis

Compensation vs Market: Idan's total compensation ($USD1.11M) is about average for companies of similar size in the IL market ($USD1.12M).

Compensation vs Earnings: Insufficient data to compare Idan's compensation with company performance.


Leadership Team

Experienced Management: DLEKG's management team is seasoned and experienced (6 years average tenure).


Board Members

Experienced Board: DLEKG's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.8%.


Top Shareholders

Company Information

Delek Group Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Delek Group Ltd.
  • Ticker: DLEKG
  • Exchange: TASE
  • Founded: 1951
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: ₪5.894b
  • Shares outstanding: 17.70m
  • Website: https://www.delek-group.com

Location

  • Delek Group Ltd.
  • 19 Abba Eban Boulevard
  • PO Box 2054
  • Herzliya
  • 4612001
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 17:15
End of Day Share Price2022/01/20 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.