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OPCE

OPC EnergyTASE:OPCE Stock Report

Market Cap

₪6.8b

7D

1.4%

1Y

2.2%

Updated

27 Nov, 2021

Data

Company Financials
OPCE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

OPCE Stock Overview

OPC Energy Ltd. owns, develops, and operates power generation facilities in Israeli.

Price History & Performance

Summary of all time highs, changes and price drops for OPC Energy
Historical stock prices
Current Share Price₪33.78
52 Week High₪39.55
52 Week Low₪28.08
Beta0.43
1 Month Change2.43%
3 Month Change11.34%
1 Year Change2.21%
3 Year Change76.77%
5 Year Changen/a
Change since IPO173.52%

Recent News & Updates

Jul 20
We Think OPC Energy (TLV:OPCE) Is Taking Some Risk With Its Debt

We Think OPC Energy (TLV:OPCE) Is Taking Some Risk With Its Debt

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

Feb 22
What Kind Of Investors Own Most Of OPC Energy Ltd. (TLV:OPCE)?

What Kind Of Investors Own Most Of OPC Energy Ltd. (TLV:OPCE)?

Every investor in OPC Energy Ltd. ( TLV:OPCE ) should be aware of the most powerful shareholder groups. Institutions...

Jan 27
Why OPC Energy Ltd. (TLV:OPCE) Looks Like A Quality Company

Why OPC Energy Ltd. (TLV:OPCE) Looks Like A Quality Company

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

Shareholder Returns

OPCEIL Renewable EnergyIL Market
7D1.4%1.9%-0.08%
1Y2.2%16.4%38.7%

Return vs Industry: OPCE underperformed the IL Renewable Energy industry which returned 16.4% over the past year.

Return vs Market: OPCE underperformed the IL Market which returned 38.7% over the past year.

Price Volatility

Is OPCE's price volatile compared to industry and market?
OPCE volatility
OPCE Average Weekly Movement3.5%
Renewable Energy Industry Average Movement4.3%
Market Average Movement4.4%
10% most volatile stocks in IL Market8.2%
10% least volatile stocks in IL Market2.7%

Stable Share Price: OPCE is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: OPCE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010116Giora Almogyhttps://www.opc-energy.com

OPC Energy Ltd. owns, develops, and operates power generation facilities in Israeli. It operates a conventional combined cycle power plant with an installed capacity of 466 megawatts (MW); and a natural gas-fired open-cycle power station with a capacity of approximately 396 MW, as well as has a co-generation power plant with an installed capacity of 144 MW. The company was formerly known as IC Power Israel Ltd.

OPC Energy Fundamentals Summary

How do OPC Energy's earnings and revenue compare to its market cap?
OPCE fundamental statistics
Market Cap₪6.83b
Earnings (TTM)-₪145.55m
Revenue (TTM)₪1.47b

4.7x

P/S Ratio

-46.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OPCE income statement (TTM)
Revenue₪1.47b
Cost of Revenue₪1.07b
Gross Profit₪396.23m
Expenses₪541.79m
Earnings-₪145.55m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 28, 2021

Earnings per share (EPS)-0.72
Gross Margin27.02%
Net Profit Margin-9.93%
Debt/Equity Ratio133.1%

How did OPCE perform over the long term?

See historical performance and comparison

Valuation

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

3.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: OPCE (₪33.78) is trading above our estimate of fair value (₪8.67)

Significantly Below Fair Value: OPCE is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: OPCE is unprofitable, so we can't compare its PE Ratio to the Asian Renewable Energy industry average.

PE vs Market: OPCE is unprofitable, so we can't compare its PE Ratio to the IL market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: OPCE is good value based on its PB Ratio (3.2x) compared to the IL Renewable Energy industry average (4x).


Future Growth

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

21.4%

Forecasted Utilities 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 OPC Energy 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 OPC Energy performed over the past 5 years?

-39.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OPCE is currently unprofitable.

Growing Profit Margin: OPCE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: OPCE is unprofitable, and losses have increased over the past 5 years at a rate of 39.2% per year.

Accelerating Growth: Unable to compare OPCE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: OPCE is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (12.7%).


Return on Equity

High ROE: OPCE has a negative Return on Equity (-6.5%), as it is currently unprofitable.


Financial Health

How is OPC Energy's financial position?


Financial Position Analysis

Short Term Liabilities: OPCE's short term assets (₪923.0M) exceed its short term liabilities (₪703.0M).

Long Term Liabilities: OPCE's short term assets (₪923.0M) do not cover its long term liabilities (₪3.9B).


Debt to Equity History and Analysis

Debt Level: OPCE's net debt to equity ratio (107.7%) is considered high.

Reducing Debt: OPCE's debt to equity ratio has reduced from 400.8% to 133.1% over the past 5 years.

Debt Coverage: OPCE's debt is not well covered by operating cash flow (10.4%).

Interest Coverage: OPCE's interest payments on its debt are not well covered by EBIT (0.7x coverage).


Balance Sheet


Dividend

What is OPC Energy current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if OPCE'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 OPCE'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?

3.3yrs

Average management tenure


CEO

Giora Almogy (51 yo)

10.83yrs

Tenure

₪3,754,000

Compensation

Mr. Giora Almogy has been Chief Executive Officer of OPC Energy Ltd since January 1, 2011. Mr. Almogy has been Chief Executive Officer of OPC Rotem Ltd., a subsidiary of IC Power since 2007. Mr. Almogy ser...


CEO Compensation Analysis

Compensation vs Market: Giora's total compensation ($USD1.18M) is about average for companies of similar size in the IL market ($USD1.12M).

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


Leadership Team

Experienced Management: OPCE's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: OPCE's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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 13.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: OPC Energy Ltd.
  • Ticker: OPCE
  • Exchange: TASE
  • Founded: 2010
  • Industry: Independent Power Producers and Energy Traders
  • Sector: Utilities
  • Market Cap: ₪6.830b
  • Shares outstanding: 202.19m
  • Website: https://www.opc-energy.com

Number of Employees


Location

  • OPC Energy Ltd.
  • Azrieli Sarona Tower
  • 121 Menachem Begin Road
  • Tel Aviv
  • 6701203
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 17:16
End of Day Share Price2021/11/25 00:00
Earnings2021/06/30
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.