683.36 USD
+8.73 (+1.29%)
687.01 USD
+3.65 (+0.53%)
Taking everything into account, ESLT scores 5 out of 10 in our fundamental rating. ESLT was compared to 71 industry peers in the Aerospace & Defense industry. ESLT has an average financial health and profitability rating. ESLT shows excellent growth, but is valued quite expensive already.
1. Profitability
1.1 Basic Checks
In the past year ESLT was profitable.
ESLT had a positive operating cash flow in the past year.
ESLT had positive earnings in each of the past 5 years.
Each year in the past 5 years ESLT had a positive operating cash flow.
1.2 Ratios
ESLT has a Return On Assets of 3.71%. This is comparable to the rest of the industry: ESLT outperforms 57.75% of its industry peers.
ESLT's Return On Equity of 11.37% is fine compared to the rest of the industry. ESLT outperforms 71.83% of its industry peers.
ESLT has a better Return On Invested Capital (8.13%) than 69.01% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ESLT is in line with the industry average of 8.54%.
The last Return On Invested Capital (8.13%) for ESLT is above the 3 year average (6.54%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.71% | ||
| ROE | 11.37% | ||
| ROIC | 8.13% |
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 of 5.91%. This is in the better half of the industry: ESLT outperforms 61.97% of its industry peers.
In the last couple of years the Profit Margin of ESLT has remained more or less at the same level.
The Operating Margin of ESLT (8.04%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of ESLT has remained more or less at the same level.
ESLT has a Gross Margin of 24.23%. This is comparable to the rest of the industry: ESLT outperforms 49.30% of its industry peers.
In the last couple of years the Gross Margin of ESLT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.04% | ||
| PM (TTM) | 5.91% | ||
| GM | 24.23% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ESLT is destroying value.
ESLT has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ESLT has more shares outstanding
ESLT has a better debt/assets ratio than last year.
2.2 Solvency
ESLT has a debt to FCF ratio of 0.68. This is a very positive value and a sign of high solvency as it would only need 0.68 years to pay back of all of its debts.
ESLT's Debt to FCF ratio of 0.68 is amongst the best of the industry. ESLT outperforms 97.18% of its industry peers.
A Debt/Equity ratio of 0.10 indicates that ESLT is not too dependend on debt financing.
The Debt to Equity ratio of ESLT (0.10) is better than 80.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.68 | ||
| Altman-Z | N/A |
ROIC/WACC0.89
WACC9.16%
2.3 Liquidity
A Current Ratio of 1.32 indicates that ESLT should not have too much problems paying its short term obligations.
ESLT has a Current ratio of 1.32. This is in the lower half of the industry: ESLT underperforms 77.46% of its industry peers.
ESLT has a Quick Ratio of 1.32. This is a bad value and indicates that ESLT is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.76, ESLT is not doing good in the industry: 83.10% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 54.18% over the past year.
ESLT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.67% yearly.
The Revenue has grown by 18.35% 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)18.35%
Revenue growth 3Y8.96%
Revenue growth 5Y8.66%
Sales Q2Q%11.88%
3.2 Future
Based on estimates for the next years, ESLT will show a very strong growth in Earnings Per Share. The EPS will grow by 22.73% on average per year.
ESLT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.56% yearly.
EPS Next Y33.34%
EPS Next 2Y27.24%
EPS Next 3Y22.73%
EPS Next 5YN/A
Revenue Next Year18.16%
Revenue Next 2Y14.49%
Revenue Next 3Y12.56%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
ESLT is valuated quite expensively with a Price/Earnings ratio of 57.86.
ESLT's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.19, ESLT is valued quite expensively.
With a Price/Forward Earnings ratio of 48.19, ESLT can be considered very expensive at the moment.
ESLT's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.92, ESLT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.86 | ||
| Fwd PE | 48.19 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ESLT.
Based on the Price/Free Cash Flow ratio, ESLT is valued a bit cheaper than the industry average as 74.65% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.02 | ||
| EV/EBITDA | 38.84 |
4.3 Compensation for Growth
ESLT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of ESLT may justify a higher PE ratio.
ESLT's earnings are expected to grow with 22.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.74
PEG (5Y)8.67
EPS Next 2Y27.24%
EPS Next 3Y22.73%
5. Dividend
5.1 Amount
ESLT has a yearly dividend return of 0.40%, which is pretty low.
ESLT's Dividend Yield is a higher than the industry average which is at 0.37.
With a Dividend Yield of 0.40, ESLT pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
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 21.73% of its income as dividend. This is a sustainable payout ratio.
The dividend of ESLT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP21.73%
EPS Next 2Y27.24%
EPS Next 3Y22.73%
683.36
+8.73 (+1.29%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners23.46%
Inst Owner Change-0.4%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap31.69B
Revenue(TTM)7.72B
Net Income(TTM)456.17M
Analysts80
Price Target558.21 (-18.31%)
Short Float %0.46%
Short Ratio1.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.4% |
Yearly Dividend2
Dividend Growth(5Y)2.56%
DP21.73%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.1%
Min EPS beat(2)20.51%
Max EPS beat(2)23.7%
EPS beat(4)4
Avg EPS beat(4)21.87%
Min EPS beat(4)9.55%
Max EPS beat(4)33.74%
EPS beat(8)7
Avg EPS beat(8)18.13%
EPS beat(12)9
Avg EPS beat(12)10.37%
EPS beat(16)9
Avg EPS beat(16)2.58%
Revenue beat(2)1
Avg Revenue beat(2)-1.25%
Min Revenue beat(2)-4.87%
Max Revenue beat(2)2.37%
Revenue beat(4)3
Avg Revenue beat(4)3.47%
Min Revenue beat(4)-4.87%
Max Revenue beat(4)10.09%
Revenue beat(8)7
Avg Revenue beat(8)3.58%
Revenue beat(12)9
Avg Revenue beat(12)2.56%
Revenue beat(16)11
Avg Revenue beat(16)2.07%
PT rev (1m)2.74%
PT rev (3m)43635.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.1%
EPS NY rev (1m)0.82%
EPS NY rev (3m)-1.73%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.72%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.86 | ||
| Fwd PE | 48.19 | ||
| P/S | 4.11 | ||
| P/FCF | 43.02 | ||
| P/OCF | 34.71 | ||
| P/B | 7.9 | ||
| P/tB | 14.51 | ||
| EV/EBITDA | 38.84 |
EPS(TTM)11.81
EY1.73%
EPS(NY)14.18
Fwd EY2.08%
FCF(TTM)15.88
FCFY2.32%
OCF(TTM)19.69
OCFY2.88%
SpS166.46
BVpS86.54
TBVpS47.09
PEG (NY)1.74
PEG (5Y)8.67
Graham Number151.65
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.71% | ||
| ROE | 11.37% | ||
| ROCE | 9.34% | ||
| ROIC | 8.13% | ||
| ROICexc | 9.11% | ||
| ROICexgc | 13.04% | ||
| OM | 8.04% | ||
| PM (TTM) | 5.91% | ||
| GM | 24.23% | ||
| FCFM | 9.54% |
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 Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 0.68 | ||
| Debt/EBITDA | 0.53 | ||
| Cap/Depr | 103.74% | ||
| Cap/Sales | 2.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 115.52% | ||
| Profit Quality | 161.49% | ||
| Current Ratio | 1.32 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | N/A |
F-Score8
WACC9.16%
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 Y33.34%
EPS Next 2Y27.24%
EPS Next 3Y22.73%
EPS Next 5YN/A
Revenue 1Y (TTM)18.35%
Revenue growth 3Y8.96%
Revenue growth 5Y8.66%
Sales Q2Q%11.88%
Revenue Next Year18.16%
Revenue Next 2Y14.49%
Revenue Next 3Y12.56%
Revenue Next 5YN/A
EBIT growth 1Y49.4%
EBIT growth 3Y5.33%
EBIT growth 5Y8.74%
EBIT Next Year63.18%
EBIT Next 3Y30.68%
EBIT Next 5YN/A
FCF growth 1Y511.21%
FCF growth 3Y11.86%
FCF growth 5YN/A
OCF growth 1Y19920.3%
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 5 / 10 to ESLT.
What is the valuation status for ESLT stock?
ChartMill assigns a valuation rating of 3 / 10 to ELBIT SYSTEMS LTD (ESLT). This can be considered as Overvalued.
How profitable is ELBIT SYSTEMS LTD (ESLT) stock?
ELBIT SYSTEMS LTD (ESLT) has a profitability rating of 6 / 10.
What is the expected EPS growth for ELBIT SYSTEMS LTD (ESLT) stock?
The Earnings per Share (EPS) of ELBIT SYSTEMS LTD (ESLT) is expected to grow by 33.34% in the next year.
How sustainable is the dividend of ELBIT SYSTEMS LTD (ESLT) stock?
The dividend rating of ELBIT SYSTEMS LTD (ESLT) is 5 / 10 and the dividend payout ratio is 21.73%.