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Elco Ltd.

Elco Ltd.

ELCO.TA
Elco Ltd.IL flagTel Aviv Stock Exchange
14,900.00
ILA
-260.00
- -
3.89BMarket Cap
Elco Ltd.
ELCO.TA
(Tel Aviv Stock Exchange)

Recent

price

14,900.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
215.19
199.5
206.71
220.73
243.96
276.31
280.38
322.12
303.97
349.76
400.73
541.32
683.27
680.64
759.95
838.81
823.26
Revenue per Share
-1.14
1.13
-1.09
-4.11
-3.19
1.64
14.46
4.17
2.34
9.45
10.38
19.92
15.74
-10.66
-4.38
0.71
0.53
Basic EPS, GAAP
-0.33
-18.45
11.32
0.32
5.13
5.52
3.71
9.76
1.81
17.37
21.28
-20.71
-8.62
-20.73
0.82
-0.71
5.32
Free Cash Flow per Basic Share
0.89
- -
- -
- -
0.91
0.82
0.76
0.91
1.09
1.2
2.08
2.19
2.57
2.58
1.86
2.41
2.31
Dividend per Share
- -
- -
58.64
45.97
45.73
46.83
66.4
59.18
64.59
72.42
84.12
103.19
117.19
104.67
100.62
105.01
98.32
Book Value per Share
46.58
51.79
48.19
39.92
32.88
29.08
45.93
3.02
1.51
-24.36
21.18
-18.74
27.07
17.11
24.59
26.22
21.74
Tangible Book Value per Share
27
26
26
27
28
28
28
28
28
27
27
27
27
27
27
27
28
Basic Weighted Avg Shares
5,737
5,280
5,471
5,907
6,709
7,672
7,742
8,898
8,384
9,582
10,968
14,802
18,626
18,455
20,461
22,590
23,211
Sales/Revenue/Turnover
4.45
6.82
6.71
4.85
2.67
2.98
3.53
5.01
3.78
4.59
5.99
7.55
7.45
1.74
2.71
2.89
2.85
Operating Margin (%)
74
142
91
74
111
100
105
149
176
359
364
593
775
887
914
962
959
Depreciation Expense
-30
30
-29
-110
-88
46
399
115
65
259
284
545
429
-289
-118
19
15
Net Income, GAAP
77.86
52.88
36.49
70.16
- -
25.68
16.03
23.33
24.39
26.04
25.81
18.13
31.24
- -
- -
33.33
33.53
Effective Tax Rate (%)
-0.53
0.57
-0.53
-1.86
-1.31
0.59
5.16
1.29
0.77
2.7
2.59
3.68
2.3
-1.57
-0.58
0.08
0.06
Profit Margin (%)
729
-45
209
357
524
1,335
1,088
940
1,063
885
1,067
-24
-444
-665
-26
-1,303
-1,134
Working Capital
6,822
3,955
3,829
2,418
2,506
2,304
1,679
1,798
1,793
3,118
2,893
6,071
6,616
7,285
9,028
7,692
8,069
LT Debt
1,949
2,076
2,125
1,702
1,599
1,525
2,128
2,003
2,138
2,494
3,027
4,364
5,448
4,985
5,121
5,122
5,019
Total Equity
0.52
1.94
3.09
1.31
- -
3.52
5.11
7.89
5.29
5.82
7.52
9.75
7.09
- -
- -
2.48
2.43
Return on Invested Capital (%)
-0.3
1.63
1.62
-1.08
- -
1.82
7.76
1.49
0.19
1.1
0.87
2.91
1.33
- -
- -
1.66
1.6
Return on Capital (%)
- -
- -
-3.72
-7.91
-7.06
3.56
25.49
6.64
3.78
13.75
13.25
21.26
14.26
-9.58
-4.25
0.69
0.54
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4,968
4,971
5,160
LT Borrowings
4,889
4,791
5,112
LT Finance Leases
3,123
2,901
2,957
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
27
27
Market Capitalization
456,587
491,997
372,161

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
11,625
12,056
12,270
Cash, Cash Equivalents & STI
1,677
2,006
2,105
Accounts Receivable, Net
3,111
2,973
3,317
Inventories
3,556
3,636
3,648
Total Current Liabilities
12,961
13,359
13,404
Payables & Accruals
- -
- -
- -
ST Debt
4,968
4,971
5,160
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.18%
12.66%
0.02%
Free Cash Flow
51.79%
-81.37%
-186.36%
Net Income, GAAP
70.05%
-54.43%
-116.1%
Sales/Revenue/Turnover
12%
16.23%
10.41%
Total Cash Common Dividend
- -
- -
30%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,852
4,887
5,299
5,457
20,461
2025
5,435
5,454
5,819
5,882
22,590
2026
6,056
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.54
-1.99
-0.25
- -
-4.38
2025
0.3
1.12
1.48
- -
0.71
2026
0.13
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1.11
0.71
- -
1.86
2025
- -
1.68
0.74
- -
2.41
2026
- -
- -
- -
- -
- -
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Business
Elco Ltd. (ELCO.TA) is an Israel-based company engaged in the design, manufacture, and marketing of heating, ventilation, air conditioning (HVAC), water heating solutions, and renewable energy systems for residential, commercial, and industrial applications. The company offers a diverse portfolio of products and services including gas and electric boilers, heat pumps, solar thermal collectors, district heating systems, air handling units, chillers, and energy-efficient water heaters under its own brands such as Elco, Baxi, and Chromagen; it also provides installation, maintenance, and smart energy management services. Founded in 1960 and headquartered in Petah Tikva, Israel, Elco operates primarily in Israel and expands geographically across Europe, the Middle East, and select Asian markets, serving utilities, contractors, and end-users in the building and energy sectors. In recent developments within the last two years, Elco has pursued strategic expansions through partnerships with European HVAC leaders for heat pump technology integration and announced a major funding round in 2024 to bolster its renewable energy division amid growing demand for sustainable solutions. The company launched new lines of hybrid heat pump systems and smart IoT-enabled boilers in 2025, aligning with EU green energy regulations, while acquiring a stake in a local solar components manufacturer to enhance its supply chain for photovoltaic-integrated heating products. These initiatives reflect Elco's shift toward low-carbon technologies and operational growth, supported by its position as a subsidiary within the Fitzgate Group.