Tel Aviv Stock Exchange Ltd.

Tel Aviv Stock Exchange Ltd.

14,930.00
ILA
0.00
(0.00%)
272.93EPS
44.31P/E
1.16TMarket Cap
Nov 10Next Earn
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
2.63
2.42
2.53
2.55
2.6
3.03
3.2
3.55
4.03
4.72
6.14
7.18
Basic EPS, GAAP
0.2
0.02
-0.15
0.86
0.18
0.37
0.45
0.5
0.86
1.09
1.97
2.79
Free Cash Flow per Basic Share
- -
0.26
0.22
0.17
0.47
0.57
0.7
0.7
1.13
1.19
2.53
3.37
Dividend per Share
- -
- -
- -
- -
- -
0.09
0.18
0.22
- -
2.94
0.55
1.56
Book Value per Share
5.08
5.1
5.24
5.6
5.99
6.24
6.53
6.81
4.35
7.52
7.04
7.09
Tangible Book Value per Share
4.19
4.22
4.36
4.54
4.86
5.04
5.26
5.42
2.69
5.82
5.22
5.26
Basic Weighted Avg Shares
100
100
96
100
100
100
101
102
97
93
92
93
Sales/Revenue/Turnover
263
242
242
256
260
304
324
361
390
438
564
665
Operating Margin (%)
9.12
2.68
-4.62
11.16
5.45
16.03
16.9
23.08
25.58
28.45
40.89
48.79
Depreciation Expense
31
32
30
33
44
45
48
51
52
56
61
62
Net Income, GAAP
20
2
-14
86
18
37
45
51
83
101
181
258
Effective Tax Rate (%)
27.03
70
- -
23.22
24.09
23.43
22.88
27.35
24.11
24.59
23.36
22.95
Profit Margin (%)
7.71
0.87
-5.89
33.81
6.75
12.13
14.05
14.08
21.34
23.16
32.12
38.79
Working Capital
15
12
195
195
247
291
324
316
127
390
312
322
LT Debt
- -
- -
- -
- -
13
9
14
7
109
91
97
26
Total Equity
508
510
524
560
599
631
662
686
402
721
651
665
Return on Invested Capital (%)
- -
0.38
- -
16.09
1.82
5.89
6.33
8.69
11.8
12.83
20.5
34.2
Return on Capital (%)
- -
0.41
- -
15.94
3.03
5.89
6.89
7.37
13.18
15.12
22.42
37.14
Return on Common Equity (%)
- -
0.41
-2.76
15.94
3.03
6
7.03
7.54
15.29
18.06
26.38
42.52

Capital Structure

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
52
51
49
LT Borrowings
95
36
25
LT Finance Leases
2
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
93
93
94
Market Capitalization
8,788
12,845
11,594

Working Capital

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,299
1,116
758
Cash, Cash Equivalents & STI
494
408
494
Accounts Receivable, Net
20
32
30
Inventories
- -
- -
- -
Total Current Liabilities
986
872
436
Payables & Accruals
- -
- -
- -
ST Debt
52
51
49
Deferred Revenue
- -
- -
- -

Growth Rates

ILS

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.92%
7.4%
-9.68%
Free Cash Flow
- -
37.77%
110.78%
Net Income, GAAP
-134.49%
39.82%
78.54%
Sales/Revenue/Turnover
8.34%
13.38%
28.7%
Total Cash Common Dividend
- -
- -
-81.41%

Quarterly Revenue

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
108
105
109
115
438
2025
131
136
147
149
564
2026
183
185
- -
- -
- -

Quarterly Earnings Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.26
0.28
0.27
1.09
2025
0.39
0.48
0.55
0.56
1.97
2026
0.84
0.84
- -
- -
- -

Quarterly Dividends Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.95
- -
- -
- -
2.94
2025
0.55
- -
- -
- -
0.55
2026
1.56
- -
- -
- -
- -

Company Description

CEO
Ittai Ben Zeev
Full Time Employees
276
Sector
Finance
Industry
Investment banks/Brokers
Address
Ahuzat Beit 2 Tel Aviv TA Israel 6129001
IPO Date
Jul 15, 2019
Website
tase.co.il
Business
The Tel-Aviv Stock Exchange Ltd. (TASE) operates Israel's sole public stock exchange, providing facilities for the listing, trading, clearing, and settlement of a wide range of securities including equities, corporate and government bonds, convertible bonds, short-term certificates (Makams), exchange-traded notes (ETNs), exchange-traded funds (ETFs), mutual funds, option warrants, and derivatives such as options and futures on indices, individual securities, and exchange rates; it also offers data dissemination services through TASE Data Hub, nominee and portfolio services, connectivity solutions, conference centers, initial and follow-on public offerings support, dual-listing arrangements, and the TASE UP platform for private companies to raise funds from institutional and accredited investors. Founded in 1953 with precursor activities dating to 1935 and headquartered at 2 Ahuzat Bayit St. in Tel Aviv-Yafo, Israel, TASE serves domestic and international investors across sectors like technology, biomed, real estate, finance, energy, and industry through its wholly owned subsidiaries, The TASE Clearing House Ltd. (TASE-CH) for non-derivatives clearing, settlement, and central securities depository services, and The MAOF Clearing House Ltd. (MAOF-CH) for derivatives clearing. The exchange lists approximately 473 companies, 901 series of corporate bonds, 204 series of government bonds, 416 index-tracking products, and 1,231 mutual funds, with total market capitalization exceeding $216 billion in equities and $196 billion in bonds. Recent developments include the June 2025 authorization by its board to explore strategic initiatives for its index operations, such as a partial or full sale, joint venture, or collaboration with leading international index providers advised by Jefferies; the July 2025 launch of a new Trading at Last (TAL) phase enabling trades at closing prices to enhance end-of-day liquidity and align with global standards, set to commence August 10, 2025; the September 2025 introduction of two new equity indices, TA-Infrastructure and TA-Defense, expanding its product range within the Tamar universe; and tailor-made market-making programs with partners like Bank Hapoalim, Meitav Market Making, and Migdal Market Making for specific bank shares to boost liquidity.

Company News

  • TASE Presents 2027-2031 Strategic Plan to Accelerate Revenue Growth, Expand International Activity and Create Long-Term Shareholder Value Targets 15%-18% Revenue CAGR

  • The Tel-Aviv Stock Exchange Ltd. (TVAVF) Q2 2026 Earnings Call Transcript

  • The Tel-Aviv Stock Exchange Ltd. (TVAVF) Q1 2026 Earnings Call Transcript

  • The Tel Aviv Stock Exchange (TASE) Schedules First Quarter 2026 Results Release and Conference Call for Tuesday, May 12, 2026

  • The Tel-Aviv Stock Exchange Ltd. (TVAVF) Q4 2025 Earnings Call Transcript

  • The Tel Aviv Stock Exchange (TASE) Schedules Fourth Quarter and Full Year 2025 Results Release and Conference Call for Thursday, March 5, 2026

  • The Tel-Aviv Stock Exchange Ltd. (TVAVF) Q3 2025 Earnings Call Transcript

  • The Tel Aviv Stock Exchange (TASE) Schedules Third Quarter 2025 Results Release and Conference Call for Tuesday, November 11, 2025

  • A Voice for Israel, A Leader in The Market - Bill Ackman Rings the Opening Bell at the Tel Aviv Stock Exchange (TASE) In support of Israel's Economy: "Owning an exchange is like owning a royalty on the success of a country"

  • TASE Reports the Results of the Financial Statements for the Second Quarter and the First Half of 2025

  • Tel Aviv Stock Exchange: A Play On An Appealing Stock Market

  • The Tel Aviv Stock Exchange (TASE) Schedules Second Quarter 2025 Results Release and Conference Call for Tuesday, August 5, 2025

  • TASE Reports the Results of the Financial Statements for the First Quarter of 2025

  • The Tel Aviv Stock Exchange (TASE) Schedules First Quarter 2025 Results Release and Conference Call for Tuesday, May 13, 2025

  • Stock Picks From Seeking Alpha's February 2025 New Analysts

  • TASE Reports the Results of the Financial Statements for the Fourth Quarter and Full Year 2024

  • Tel-Aviv Stock Exchange: An Enticing Moat-Rich Stock Market Operator To Own For Life

  • The Tel-Aviv Stock Exchange Reports its Results for the Third Quarter of 2024

  • The Tel Aviv Stock Exchange (TASE) Schedules Third Quarter 2024 Results Release and Conference Call for Wednesday, November 20, 2024

  • The Tel-Aviv Stock Exchange Reports the Results of the Financial Statements for the Second Quarter and the First Half of 2024