WATCH Equital Ltd. (EQTL.TA)
Energy · Oil & Gas E&P · TLV · Israel
70
Final Score
57.2%
Margin of Safety
52
Quality Score
₪111.90
Current Price
₪4.1B
Market Cap
💱 Quoted on the exchange as 11,190.00 ILA.
This company reports its financials in ILS, so every figure on this
page — price, valuation and margin of safety — is shown in ILS at a rate of
1.0000, keeping the price directly comparable to the intrinsic value derived
from those statements.
Key Metrics
Pe Ratio
6.12
Pb Ratio
0.55
Ev Ebitda
9.08
Roe
9.9%
Gross Margin
69.0%
Operating Margin
50.2%
Net Margin
17.9%
Debt To Equity
67.69
Current Ratio
2.00
Beta
0.23
📈 Trend Charts
Revenue Trend
EPS Trend
Net Income Trend
Free Cash Flow Trend
Intrinsic Value Estimates
Low
₪209.35
Base
₪261.68
High
₪314.02
Pipeline Stage Details
Stage A — Hard Filters ✅
Pe Ratio
6.12
Eps Positive Years
4.00
Eps Lookback
4.00
Fcf Positive Years
4.00
Fcf Lookback
4.00
Debt To Equity
0.68
Current Ratio
2.00
Dilution Cagr
0.00
Stage B — Quality Score: 52/100
Stage C — Cyclicality: MED
Normalized EPS
₪14.45
Stage F — Final Score Breakdown
| Component | Weighted Score |
|---|---|
| Valuation | 28.5 |
| Earnings Quality | 13.1 |
| Balance Sheet | 15.0 |
| Stability | 8.2 |
| Moat Proxies | 5.6 |
Top Drivers
- Deep discount: Equital Ltd. trades at ₪111.90, estimated intrinsic value is ₪261.68 — a 57% margin of safety. Graham requires ≥30%; this exceeds even the 45% strong-buy threshold.
- Low P/E of 6.1x — classic Graham deep-value territory. The market is pricing in pessimism, yet the business continues to generate positive earnings.
- Conservative leverage: D/E ratio of 0.68x is well within Graham's maximum of 1.0x, reducing insolvency risk.
- Strong free cash flow generation — the company converts earnings into real cash effectively, supporting dividends, buybacks, and debt reduction.
Top Risks
- Moderate cyclicality (Cyclical sector: Energy) — earnings may fluctuate.
- Quality concern: Operating margin in structural decline
Financial History
| Year | Revenue | Gross Profit | Operating Income | Net Income | EPS |
|---|---|---|---|---|---|
| 2021 | N/A | N/A | N/A | N/A | ₪N/A |
| 2022 | ₪3.0B | ₪2.0B | ₪1.5B | ₪481.2M | ₪15.60 |
| 2023 | ₪3.3B | ₪2.0B | ₪1.5B | ₪262.5M | ₪8.30 |
| 2024 | ₪3.8B | ₪2.2B | ₪1.6B | ₪473.9M | ₪15.00 |
| 2025 | ₪3.6B | ₪2.0B | ₪1.4B | ₪598.9M | ₪18.90 |
Cash Flow History
| Year | Operating CF | CapEx | Free Cash Flow |
|---|---|---|---|
| 2021 | N/A | N/A | N/A |
| 2022 | ₪1.2B | ₪-47.2M | ₪1.2B |
| 2023 | ₪1.4B | ₪-269.6M | ₪1.1B |
| 2024 | ₪1.7B | ₪-443.7M | ₪1.3B |
| 2025 | ₪1.5B | ₪-149.1M | ₪1.3B |