Arad Ltd.

Arad Ltd.

TTASE:ARD
4,461.00
ILA
-18.00
(-0.40%)
401.21EPS
14.67P/E
143.96BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
17.37
Basic EPS, GAAP
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
1.34
Free Cash Flow per Basic Share
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
0.63
Dividend per Share
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
0.53
Book Value per Share
3.41
3.55
3.71
3.96
3.97
4.35
4.8
5.26
5.48
5.61
6.33
6.6
7.73
7.96
Tangible Book Value per Share
2.88
2.91
3.21
3.5
3.51
3.29
3.62
4.08
4.44
4.68
5.45
5.84
6.93
7.21
Basic Weighted Avg Shares
25
25
25
25
25
25
25
25
25
25
25
25
25
25
Sales/Revenue/Turnover
156
168
164
161
171
204
264
250
281
324
361
394
421
429
Operating Margin (%)
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
9.39
Depreciation Expense
5
6
6
6
6
7
12
12
13
13
15
16
16
17
Net Income, GAAP
15
15
17
17
8
19
20
16
20
17
27
24
29
33
Effective Tax Rate (%)
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
12.97
Profit Margin (%)
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
7.71
Working Capital
62
70
72
75
73
82
95
105
102
102
114
119
140
144
LT Debt
14
18
16
16
17
28
44
42
39
41
46
45
49
53
Total Equity
84
88
92
98
98
108
119
131
136
140
158
165
192
198
Return on Invested Capital (%)
15.54
14.43
14.71
14.62
6.46
14.63
14.12
9.96
10.9
9.5
12.58
11.92
11.63
12.41
Return on Capital (%)
16.1
14.77
14.93
14.93
6.83
13.88
13.44
9.49
10.96
8.78
13.17
11.43
12.85
13.23
Return on Common Equity (%)
19.48
17.97
18.5
18.05
7.98
18
17.98
12.59
15.09
12.7
18.29
15.19
16.48
17.67

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
48
51
55
LT Borrowings
28
25
33
LT Finance Leases
20
20
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
400
355
486

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
296
305
321
Cash, Cash Equivalents & STI
19
19
23
Accounts Receivable, Net
96
110
112
Inventories
166
163
163
Total Current Liabilities
157
163
176
Payables & Accruals
- -
- -
- -
ST Debt
48
51
55
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

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

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
98
97
98
100
394
2025
104
111
104
102
421
2026
112
110
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.25
0.24
0.21
0.98
2025
0.29
0.37
0.29
0.23
1.18
2026
0.37
0.45
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.49
- -
- -
0.49
2025
- -
0.47
- -
- -
0.47
2026
- -
0.53
- -
- -
- -

Company Description

CEO
Ziv Hilleli
Full Time Employees
1,210
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Kibbutz Dalia HZ Israel 1923900
IPO Date
Dec 7, 2004
Website
arad.co.il
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.