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EQTL

EquitalTASE:EQTL Stock Report

Last Price

₪131.90

Market Cap

₪4.8b

7D

-3.8%

1Y

62.4%

Updated

23 Jan, 2022

Data

Company Financials
EQTL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

EQTL Stock Overview

Equital Ltd., through its subsidiaries, engages in the real estate, oil and gas, and residential construction businesses in Israel, the United States, and Europe.

Price History & Performance

Summary of all time highs, changes and price drops for Equital
Historical stock prices
Current Share Price₪131.90
52 Week High₪139.70
52 Week Low₪74.22
Beta0.66
1 Month Change9.92%
3 Month Change34.96%
1 Year Change62.44%
3 Year Change45.73%
5 Year Change89.95%
Change since IPO-27.72%

Recent News & Updates

Nov 02
Equital (TLV:EQTL) Is Finding It Tricky To Allocate Its Capital

Equital (TLV:EQTL) Is Finding It Tricky To Allocate Its Capital

What underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a...

Oct 12
These 4 Measures Indicate That Equital (TLV:EQTL) Is Using Debt Extensively

These 4 Measures Indicate That Equital (TLV:EQTL) Is Using Debt Extensively

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Jun 13
Is Equital (TLV:EQTL) A Risky Investment?

Is Equital (TLV:EQTL) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

May 04
Equital (TLV:EQTL) Hasn't Managed To Accelerate Its Returns

Equital (TLV:EQTL) Hasn't Managed To Accelerate Its Returns

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Shareholder Returns

EQTLIL Oil and GasIL Market
7D-3.8%4.5%-1.2%
1Y62.4%63.7%37.7%

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

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

Price Volatility

Is EQTL's price volatile compared to industry and market?
EQTL volatility
EQTL Average Weekly Movement4.7%
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: EQTL is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: EQTL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1977434Eran Lendner

Equital Ltd., through its subsidiaries, engages in the real estate, oil and gas, and residential construction businesses in Israel, the United States, and Europe. It is involved in the planning, developing, building, leasing, marketing, and sale of residential projects. It rents and manages transportation complexes, commercial areas, office buildings, industrial and storage buildings, parking lots, gas stations, and land for commercial tenants, transportation companies, and industrial and corporate clients.

Equital Fundamentals Summary

How do Equital's earnings and revenue compare to its market cap?
EQTL fundamental statistics
Market Cap₪4.79b
Earnings (TTM)₪568.73m
Revenue (TTM)₪2.22b

8.4x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EQTL income statement (TTM)
Revenue₪2.22b
Cost of Revenue₪463.53m
Gross Profit₪1.76b
Expenses₪1.19b
Earnings₪568.73m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)15.65
Gross Margin79.12%
Net Profit Margin25.61%
Debt/Equity Ratio84.8%

How did EQTL perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EQTL (₪131.9) is trading below our estimate of fair value (₪284.74)

Significantly Below Fair Value: EQTL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EQTL is good value based on its PE Ratio (8.4x) compared to the IL Oil and Gas industry average (9.9x).

PE vs Market: EQTL is good value based on its PE Ratio (8.4x) compared to the IL market (16.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EQTL is good value based on its PB Ratio (1.2x) compared to the IL Oil and Gas industry average (1.6x).


Future Growth

How is Equital 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


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Equital has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Equital performed over the past 5 years?

23.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EQTL has a large one-off gain of ₪710.3M impacting its September 30 2021 financial results.

Growing Profit Margin: EQTL's current net profit margins (25.6%) are higher than last year (24.5%).


Past Earnings Growth Analysis

Earnings Trend: EQTL's earnings have grown significantly by 23% per year over the past 5 years.

Accelerating Growth: EQTL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EQTL had negative earnings growth (-12.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (87%).


Return on Equity

High ROE: EQTL's Return on Equity (9.6%) is considered low.


Financial Health

How is Equital's financial position?


Financial Position Analysis

Short Term Liabilities: EQTL's short term assets (₪3.2B) exceed its short term liabilities (₪2.5B).

Long Term Liabilities: EQTL's short term assets (₪3.2B) do not cover its long term liabilities (₪9.2B).


Debt to Equity History and Analysis

Debt Level: EQTL's net debt to equity ratio (65.5%) is considered high.

Reducing Debt: EQTL's debt to equity ratio has reduced from 101.2% to 84.8% over the past 5 years.

Debt Coverage: EQTL's debt is not well covered by operating cash flow (17.1%).

Interest Coverage: EQTL's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


Dividend

What is Equital current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate EQTL'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 EQTL's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EQTL'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?

8.6yrs

Average board tenure


CEO

Eran Lendner (43 yo)

2.08yrs

Tenure

₪1,780,000

Compensation

Mr. Eran Lendner has been Chief Executive Officer at Equital Ltd. since December 12, 2019. He serves as Chief Executive Officer of Naphtha Israel Petroleum Corp. Ltd.since December 12, 2019. He served as...


CEO Compensation Analysis

Compensation vs Market: Eran's total compensation ($USD567.11K) is below average for companies of similar size in the IL market ($USD1.11M).

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


Board Members

Experienced Board: EQTL's board of directors are considered experienced (8.6 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Equital Ltd.
  • Ticker: EQTL
  • Exchange: TASE
  • Founded: 1977
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: ₪4.792b
  • Shares outstanding: 36.33m

Number of Employees


Location

  • Equital Ltd.
  • 8 Granite Street
  • Petah Tikva
  • 49002
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 21:05
End of Day Share Price2022/01/23 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.