WATCH iCon Group Ltd (ICON.TA)
Technology · Electronics & Computer Distribution · TLV · Israel
59
Final Score
2.1%
Margin of Safety
67
Quality Score
₪6.92
Current Price
₪397.4M
Market Cap
💱 Quoted on the exchange as 692.50 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
7.87
Pb Ratio
1.46
Ev Ebitda
8.24
Roe
18.4%
Gross Margin
10.6%
Operating Margin
3.9%
Net Margin
2.9%
Dividend Yield
499.0%
Debt To Equity
93.90
Current Ratio
1.63
Beta
0.42
📈 Trend Charts
Revenue Trend
EPS Trend
Net Income Trend
Free Cash Flow Trend
Intrinsic Value Estimates
Low
₪5.66
Base
₪7.08
High
₪8.49
Pipeline Stage Details
Stage A — Hard Filters ✅
Pe Ratio
7.87
Eps Positive Years
4.00
Eps Lookback
4.00
Fcf Positive Years
3.00
Fcf Lookback
4.00
Debt To Equity
0.94
Current Ratio
1.63
Dilution Cagr
0.00
Stage B — Quality Score: 67/100
Stage C — Cyclicality: LOW
Normalized EPS
₪0.67
Stage F — Final Score Breakdown
| Component | Weighted Score |
|---|---|
| Valuation | 10.5 |
| Earnings Quality | 16.8 |
| Balance Sheet | 13.0 |
| Stability | 12.0 |
| Moat Proxies | 6.4 |
Top Drivers
- Modest discount: 2% margin of safety (price ₪6.92 vs intrinsic ₪7.08).
- Adequate quality (score 67/100): meets minimum quality thresholds for the Graham-Buffett framework.
- Low P/E of 7.9x — 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 0.94x 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
- 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 | ₪1.5B | ₪175.2M | ₪84.7M | ₪46.9M | ₪0.81 |
| 2023 | ₪1.4B | ₪163.2M | ₪62.7M | ₪32.7M | ₪0.55 |
| 2024 | ₪1.6B | ₪168.0M | ₪64.9M | ₪36.2M | ₪0.61 |
| 2025 | ₪1.6B | ₪172.4M | ₪65.1M | ₪41.1M | ₪0.71 |
Cash Flow History
| Year | Operating CF | CapEx | Free Cash Flow |
|---|---|---|---|
| 2021 | N/A | N/A | N/A |
| 2022 | ₪13.2M | ₪-3.8M | ₪9.4M |
| 2023 | ₪96.1M | ₪-4.5M | ₪91.7M |
| 2024 | ₪-105.3M | ₪-7.5M | ₪-112.8M |
| 2025 | ₪166.8M | ₪-4.1M | ₪162.7M |