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    Industrial - Machinery
Arad Ltd.

Arad Ltd.

ARD.TA
Arad Ltd.IL flagTel Aviv Stock Exchange
5,651.00
ILA
-23.00
- -
1.40BMarket Cap
Arad Ltd.
ARD.TA
(Tel Aviv Stock Exchange)

Recent

price

5,651.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.35
5.6
6.31
6.78
6.61
6.51
6.93
8.25
10.68
10.12
11.38
13.1
14.61
15.93
17.01
17.38
Revenue per Share
0.47
0.52
0.62
0.63
0.67
0.69
0.32
0.75
0.82
0.63
0.81
0.7
1.09
0.98
1.18
1.26
Basic EPS, GAAP
0.34
0.29
0.42
0.52
0.55
0.29
0.57
-0.2
0.49
0.88
1.18
-0.66
0.18
0.89
0.73
0.45
Free Cash Flow per Basic Share
0.23
0.25
0.28
0.36
0.36
0.44
0.4
0.33
0.32
0.36
0.41
0.44
0.47
0.49
0.47
0.47
Dividend per Share
- -
1.95
2.24
2.51
2.77
3.07
2.98
3.4
3.79
4.05
4.46
4.72
5.29
5.78
6.5
6.87
Book Value per Share
- -
2.48
2.88
2.91
3.21
3.5
3.51
3.32
3.65
4.11
4.47
4.71
5.49
5.89
6.98
7.33
Tangible Book Value per Share
24
24
25
25
25
25
25
25
25
25
25
25
25
25
25
25
Basic Weighted Avg Shares
129
135
156
168
164
161
171
204
264
250
281
324
361
394
421
430
Sales/Revenue/Turnover
10.8
11.08
11.18
10.94
11.44
12.46
6.18
11.08
10.49
8.78
7.36
9.66
9.22
9.13
9.03
9.33
Operating Margin (%)
5
5
5
6
6
6
6
7
12
12
13
13
15
16
16
16
Depreciation Expense
11
13
15
15
17
17
8
19
20
16
20
17
27
24
29
31
Net Income, GAAP
7.87
16.11
10.25
13.37
10.75
12.89
27.51
12.91
14.56
13.91
14.73
38.68
12.96
16.58
16.68
15.13
Effective Tax Rate (%)
8.73
9.36
9.81
9.22
10.15
10.62
4.57
9.07
7.7
6.26
7.13
5.37
7.48
6.17
6.94
7.26
Profit Margin (%)
- -
51
62
70
72
75
73
82
95
105
102
102
114
119
140
142
Working Capital
- -
12
14
18
16
16
17
28
44
42
39
41
46
45
49
44
LT Debt
- -
73
84
88
92
98
98
108
119
131
136
140
158
165
192
200
Total Equity
- -
26.74
15.6
14.33
14.37
14.59
6.17
14.17
13.98
9.77
8.99
9.43
12.58
11.92
11.63
12.11
Return on Invested Capital (%)
- -
38.9
22.05
19.56
18.89
18.36
8.38
16.73
15.65
11.04
12.72
9.92
14.69
12.58
14.17
14.89
Return on Capital (%)
- -
53.64
29.85
26.37
25.47
23.7
10.46
23.45
22.87
16.15
19.05
15.36
21.85
17.75
19.24
19.48
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
43
48
51
LT Borrowings
29
28
25
LT Finance Leases
18
20
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
40,320
39,831
35,335

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
298
296
305
Cash, Cash Equivalents & STI
21
19
19
Accounts Receivable, Net
99
96
110
Inventories
164
166
163
Total Current Liabilities
159
157
163
Payables & Accruals
- -
- -
- -
ST Debt
43
48
51
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.81%
8.15%
16.94%
Free Cash Flow
-23.25%
24.98%
-17.67%
Net Income, GAAP
15.23%
16.05%
20.26%
Sales/Revenue/Turnover
10.31%
10.99%
6.78%
Total Cash Common Dividend
3.07%
5.17%
-4.17%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
98
97
98
100
394
2025
104
111
104
102
421
2026
112
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.25
0.24
- -
0.98
2025
0.29
0.37
0.29
- -
1.18
2026
0.37
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.49
- -
- -
0.49
2025
- -
0.47
- -
- -
0.47
2026
- -
- -
- -
- -
- -
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Business
Arad Ltd. is a global leader in the design, development, manufacturing, and sales of advanced water measurement and management products and solutions. Founded in 1951 and headquartered in Israel, the company specializes in a wide range of water meters including residential water meters, bulk water meters, and irrigation water meters. Arad also provides state-of-the-art Automated Meter Reading (AMR) and Advanced Metering Infrastructure (AMI) systems, which include drive-by, walk-by, fixed network reading technologies, and cellular communication protocols such as Dialog 3G. Their product portfolio extends to smart water metering solutions that incorporate IoT compatibility, smart data analytics, and comprehensive Meter Data Management (MDM) software designed to optimize water usage and management in smart cities globally. Arad Ltd. serves utilities, waterworks, and agricultural markets across Israel, Latin America, Asia, Europe, and North America. The company operates through subsidiaries including Arad Technologies Ltd., Master Meter, Cicasa, Contazara, Arad China, and WaterTech, ensuring a broad footprint and localized presence in key international markets. The company manufactures over 500,000 water meters annually, with more than three million smart meters sold worldwide, underscoring its leadership and innovation in water measurement technologies. Recent major developments include the strategic acquisition of an 80% controlling interest in the Mexican water meter company Componentes Industriales de Calidad SA de CV (CICASA), aimed at expanding Arad's presence in the Mexican and broader Latin American market. Additionally, Arad acquired minority shares in WaterTech SpA to strengthen its position in advanced water metering solutions. The company continues to invest heavily in research and development to enhance its product offerings, focusing on improving operational efficiency, reducing water waste, and delivering real-time, automated water management solutions compliant with local regulations. These steps reflect Arad's commitment to expanding its global reach and technological capabilities in smart water metering and management systems.