473.71 USD
+5.3 (+1.13%)
473.71 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to ESLT. ESLT was compared to 71 industry peers in the Aerospace & Defense industry. Both the profitability and the financial health of ESLT get a neutral evaluation. Nothing too spectacular is happening here. ESLT is not overvalued while it is showing excellent growth. This is an interesting combination.
1. Profitability
1.1 Basic Checks
ESLT had positive earnings in the past year.
In the past year ESLT had a positive cash flow from operations.
In the past 5 years ESLT has always been profitable.
ESLT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
ESLT's Return On Assets of 3.32% is in line compared to the rest of the industry. ESLT outperforms 57.75% of its industry peers.
ESLT has a better Return On Equity (10.20%) than 69.01% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.59%, ESLT is in the better half of the industry, outperforming 69.01% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ESLT is in line with the industry average of 8.52%.
The 3 year average ROIC (6.54%) for ESLT is below the current ROIC(7.59%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.32% | ||
| ROE | 10.2% | ||
| ROIC | 7.59% |
ROA(3y)2.71%
ROA(5y)2.73%
ROE(3y)9.03%
ROE(5y)9.45%
ROIC(3y)6.54%
ROIC(5y)6.55%
1.3 Margins
ESLT has a Profit Margin (5.35%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of ESLT has remained more or less at the same level.
ESLT has a Operating Margin (7.65%) which is in line with its industry peers.
ESLT's Operating Margin has been stable in the last couple of years.
ESLT has a Gross Margin (24.02%) which is in line with its industry peers.
ESLT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.65% | ||
| PM (TTM) | 5.35% | ||
| GM | 24.02% |
OM growth 3Y-3.33%
OM growth 5Y0.08%
PM growth 3Y1.23%
PM growth 5Y-1.43%
GM growth 3Y-2.23%
GM growth 5Y-0.94%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ESLT is destroying value.
The number of shares outstanding for ESLT has been increased compared to 1 year ago.
The number of shares outstanding for ESLT has been increased compared to 5 years ago.
The debt/assets ratio for ESLT has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of ESLT is 1.07, which is an excellent value as it means it would take ESLT, only 1.07 years of fcf income to pay off all of its debts.
ESLT has a better Debt to FCF ratio (1.07) than 97.18% of its industry peers.
ESLT has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of ESLT (0.15) is better than 76.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.07 | ||
| Altman-Z | N/A |
ROIC/WACC0.89
WACC8.56%
2.3 Liquidity
ESLT has a Current Ratio of 1.29. This is a normal value and indicates that ESLT is financially healthy and should not expect problems in meeting its short term obligations.
ESLT's Current ratio of 1.29 is on the low side compared to the rest of the industry. ESLT is outperformed by 73.24% of its industry peers.
A Quick Ratio of 0.77 indicates that ESLT may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.77, ESLT is doing worse than 78.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 54.18% over the past year.
The Earnings Per Share has been growing slightly by 6.67% on average over the past years.
The Revenue has grown by 14.28% in the past year. This is quite good.
The Revenue has been growing by 8.66% on average over the past years. This is quite good.
EPS 1Y (TTM)54.18%
EPS 3Y1.86%
EPS 5Y6.67%
EPS Q2Q%51.58%
Revenue 1Y (TTM)14.28%
Revenue growth 3Y8.96%
Revenue growth 5Y8.66%
Sales Q2Q%11.88%
3.2 Future
ESLT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.43% yearly.
Based on estimates for the next years, ESLT will show a quite strong growth in Revenue. The Revenue will grow by 12.76% on average per year.
EPS Next Y30.7%
EPS Next 2Y27.93%
EPS Next 3Y23.43%
EPS Next 5YN/A
Revenue Next Year18.24%
Revenue Next 2Y14.58%
Revenue Next 3Y12.76%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 40.11, the valuation of ESLT can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of ESLT indicates a somewhat cheap valuation: ESLT is cheaper than 64.79% of the companies listed in the same industry.
ESLT's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.47.
ESLT is valuated quite expensively with a Price/Forward Earnings ratio of 33.04.
ESLT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. ESLT is cheaper than 64.79% of the companies in the same industry.
ESLT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 34.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.11 | ||
| Fwd PE | 33.04 |
4.2 Price Multiples
ESLT's Enterprise Value to EBITDA ratio is in line with the industry average.
ESLT's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ESLT is cheaper than 71.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.28 | ||
| EV/EBITDA | 27.96 |
4.3 Compensation for Growth
ESLT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ESLT has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ESLT's earnings are expected to grow with 23.43% in the coming years.
PEG (NY)1.31
PEG (5Y)6.01
EPS Next 2Y27.93%
EPS Next 3Y23.43%
5. Dividend
5.1 Amount
ESLT has a yearly dividend return of 0.55%, which is pretty low.
Compared to an average industry Dividend Yield of 1.15, ESLT pays a better dividend. On top of this ESLT pays more dividend than 80.28% of the companies listed in the same industry.
With a Dividend Yield of 0.55, ESLT pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
5.2 History
The dividend of ESLT has a limited annual growth rate of 2.56%.
ESLT has been paying a dividend for at least 10 years, so it has a reliable track record.
ESLT has decreased its dividend recently.
Dividend Growth(5Y)2.56%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
ESLT pays out 23.29% of its income as dividend. This is a sustainable payout ratio.
ESLT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP23.29%
EPS Next 2Y27.93%
EPS Next 3Y23.43%
473.71
+5.3 (+1.13%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners23.03%
Inst Owner Change-5.73%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap21.96B
Revenue(TTM)6.83B
Net Income(TTM)401.88M
Analysts80
Price Target508.16 (7.27%)
Short Float %0.35%
Short Ratio0.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.55% |
Yearly Dividend2
Dividend Growth(5Y)2.56%
DP23.29%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.62%
Min EPS beat(2)9.55%
Max EPS beat(2)23.7%
EPS beat(4)4
Avg EPS beat(4)20.87%
Min EPS beat(4)9.55%
Max EPS beat(4)33.74%
EPS beat(8)6
Avg EPS beat(8)15%
EPS beat(12)8
Avg EPS beat(12)6.28%
EPS beat(16)9
Avg EPS beat(16)2.85%
Revenue beat(2)2
Avg Revenue beat(2)6.23%
Min Revenue beat(2)2.37%
Max Revenue beat(2)10.09%
Revenue beat(4)4
Avg Revenue beat(4)5.87%
Min Revenue beat(4)2.37%
Max Revenue beat(4)10.09%
Revenue beat(8)8
Avg Revenue beat(8)4.38%
Revenue beat(12)9
Avg Revenue beat(12)2.6%
Revenue beat(16)12
Avg Revenue beat(16)2.77%
PT rev (1m)39714.4%
PT rev (3m)41892.3%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.24%
EPS NY rev (1m)-3.67%
EPS NY rev (3m)-0.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.1%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 40.11 | ||
| Fwd PE | 33.04 | ||
| P/S | 2.92 | ||
| P/FCF | 34.28 | ||
| P/OCF | 27.02 | ||
| P/B | 5.57 | ||
| P/tB | 10.44 | ||
| EV/EBITDA | 27.96 |
EPS(TTM)11.81
EY2.49%
EPS(NY)14.34
Fwd EY3.03%
FCF(TTM)13.82
FCFY2.92%
OCF(TTM)17.53
OCFY3.7%
SpS162.16
BVpS85.04
TBVpS45.39
PEG (NY)1.31
PEG (5Y)6.01
Graham Number150.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.32% | ||
| ROE | 10.2% | ||
| ROCE | 8.98% | ||
| ROIC | 7.59% | ||
| ROICexc | 8.68% | ||
| ROICexgc | 12.59% | ||
| OM | 7.65% | ||
| PM (TTM) | 5.35% | ||
| GM | 24.02% | ||
| FCFM | 8.52% |
ROA(3y)2.71%
ROA(5y)2.73%
ROE(3y)9.03%
ROE(5y)9.45%
ROIC(3y)6.54%
ROIC(5y)6.55%
ROICexc(3y)6.82%
ROICexc(5y)6.87%
ROICexgc(3y)10.63%
ROICexgc(5y)9.77%
ROCE(3y)7.86%
ROCE(5y)7.77%
ROICexgc growth 3Y6.01%
ROICexgc growth 5Y-0.92%
ROICexc growth 3Y0.39%
ROICexc growth 5Y1.53%
OM growth 3Y-3.33%
OM growth 5Y0.08%
PM growth 3Y1.23%
PM growth 5Y-1.43%
GM growth 3Y-2.23%
GM growth 5Y-0.94%
F-Score8
Asset Turnover0.62
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.15 | ||
| Debt/FCF | 1.07 | ||
| Debt/EBITDA | 0.81 | ||
| Cap/Depr | 103.91% | ||
| Cap/Sales | 2.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 109.77% | ||
| Profit Quality | 159.4% | ||
| Current Ratio | 1.29 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | N/A |
F-Score8
WACC8.56%
ROIC/WACC0.89
Cap/Depr(3y)125.48%
Cap/Depr(5y)118.24%
Cap/Sales(3y)3.33%
Cap/Sales(5y)3.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)54.18%
EPS 3Y1.86%
EPS 5Y6.67%
EPS Q2Q%51.58%
EPS Next Y30.7%
EPS Next 2Y27.93%
EPS Next 3Y23.43%
EPS Next 5YN/A
Revenue 1Y (TTM)14.28%
Revenue growth 3Y8.96%
Revenue growth 5Y8.66%
Sales Q2Q%11.88%
Revenue Next Year18.24%
Revenue Next 2Y14.58%
Revenue Next 3Y12.76%
Revenue Next 5YN/A
EBIT growth 1Y45.33%
EBIT growth 3Y5.33%
EBIT growth 5Y8.74%
EBIT Next Year60.89%
EBIT Next 3Y28.02%
EBIT Next 5YN/A
FCF growth 1Y2084.96%
FCF growth 3Y11.86%
FCF growth 5YN/A
OCF growth 1Y399.1%
OCF growth 3Y8.64%
OCF growth 5YN/A
ELBIT SYSTEMS LTD / ESLT FAQ
Can you provide the ChartMill fundamental rating for ELBIT SYSTEMS LTD?
ChartMill assigns a fundamental rating of 6 / 10 to ESLT.
Can you provide the valuation status for ELBIT SYSTEMS LTD?
ChartMill assigns a valuation rating of 4 / 10 to ELBIT SYSTEMS LTD (ESLT). This can be considered as Fairly Valued.
How profitable is ELBIT SYSTEMS LTD (ESLT) stock?
ELBIT SYSTEMS LTD (ESLT) has a profitability rating of 6 / 10.
What is the valuation of ELBIT SYSTEMS LTD based on its PE and PB ratios?
The Price/Earnings (PE) ratio for ELBIT SYSTEMS LTD (ESLT) is 40.11 and the Price/Book (PB) ratio is 5.57.
Can you provide the dividend sustainability for ESLT stock?
The dividend rating of ELBIT SYSTEMS LTD (ESLT) is 5 / 10 and the dividend payout ratio is 23.29%.