1. Israel Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
Elco Ltd.

Elco Ltd.

TTASE:ELCO
11,790.00
ILA
-30.00
(-0.25%)
510.04EPS
383.73BMarket Cap
Elco Ltd.
TASE:ELCO
(Tel Aviv Stock Exchange)

Recent

price

11,790.00

P/E

ratio

- -

div

yld

2.13%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
ILS
761.75
759.98
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
868.82
Revenue per Share
-4.02
4.31
-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
-0.18
Basic EPS, GAAP
-1.17
-70.27
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
14.47
Free Cash Flow per Basic Share
3.14
- -
- -
- -
0.91
0.82
0.76
0.91
1.09
1.2
2.08
2.19
2.57
2.58
1.86
2.41
2.52
Dividend per Share
137.08
158.08
40.15
28.43
28.16
26.48
42.58
39.47
42.5
49.13
58.31
75.4
95.24
83.23
78.2
78.9
70.77
Book Value per Share
42.54
56.58
9.37
5.46
2.97
0.48
11.4
-29.97
-33.93
-66.41
-31.09
-103.01
-78.56
-84.15
-87.37
-87.58
-95.26
Tangible Book Value per Share
27
26
26
27
28
28
28
28
28
27
27
27
27
27
27
27
27
Basic Weighted Avg Shares
20,308
20,115
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
23,833
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
3.08
Operating Margin (%)
263
542
91
74
111
100
105
149
176
359
364
593
775
887
914
962
972
Depreciation Expense
-107
114
-29
-110
-88
46
399
115
65
259
284
545
429
-289
-118
19
-5
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
17.71
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
-0.02
Profit Margin (%)
2,580
-170
209
357
524
1,335
1,088
940
1,063
885
1,067
-24
-444
-665
-26
-1,303
-1,076
Working Capital
24,148
15,068
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
7,987
LT Debt
6,898
7,908
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
4,969
Total Equity
0.86
2.02
1.15
1.61
- -
3.52
5.11
8.08
5.43
7.44
7.15
9.67
7.58
- -
- -
2.86
3.32
Return on Invested Capital (%)
-0.45
1.5
0.64
-1.15
- -
2.01
8.82
1.7
0.21
1.23
0.96
3.14
1.4
- -
- -
1.73
2.03
Return on Capital (%)
-4.48
2.92
-1.09
-11.62
-11.25
6.04
41.91
10.16
5.73
20.64
19.32
29.79
18.48
-11.97
-5.42
0.9
-0.25
Return on Common Equity (%)

Capital Structure

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4,971
5,160
5,461
LT Borrowings
4,791
5,112
4,970
LT Finance Leases
2,901
2,957
3,017
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
27
26
Market Capitalization
4,865
3,501
3,837

Working Capital

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,056
12,270
12,692
Cash, Cash Equivalents & STI
2,006
2,105
1,867
Accounts Receivable, Net
2,973
3,317
3,385
Inventories
3,636
3,648
3,780
Total Current Liabilities
13,359
13,404
13,768
Payables & Accruals
- -
- -
- -
ST Debt
4,971
5,160
5,461
Deferred Revenue
- -
- -
- -

Growth Rates

ILS

•

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

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,852
4,887
5,299
5,457
20,461
2025
5,435
5,410
5,819
5,882
22,590
2026
6,056
6,076
- -
- -
- -

Quarterly Earnings Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.54
-1.99
-0.25
-0.6
-4.38
2025
0.3
1.12
1.48
-2.19
0.71
2026
0.13
0.4
- -
- -
- -

Quarterly Dividends Per Share

ILS

•

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
- -
1.96
- -
- -
- -
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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.