ELBIT SYSTEMS LTD (ESLT) Stock Fundamental Analysis
NASDAQ:ESLT - Nasdaq - IL0010811243 - Common Stock - Currency: USD
Overall ESLT gets a fundamental rating of 5 out of 10. We evaluated ESLT against 65 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.
In the past year ESLT had a positive cash flow from operations.
Each year in the past 5 years ESLT has been profitable.
Each year in the past 5 years ESLT had a positive operating cash flow.
1.2 Ratios
ESLT has a Return On Assets (3.12%) which is in line with its industry peers.
The Return On Equity of ESLT (10.73%) is better than 67.69% of its industry peers.
ESLT has a better Return On Invested Capital (7.64%) than 67.69% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ESLT is in line with the industry average of 8.44%.
The last Return On Invested Capital (7.64%) for ESLT is above the 3 year average (6.54%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.12% | ||
| ROE | 10.73% | ||
| ROIC | 7.64% |
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 4.95%. This is comparable to the rest of the industry: ESLT outperforms 53.85% of its industry peers.
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 (7.44%) which is in line with its industry peers.
In the last couple of years the Operating Margin of ESLT has remained more or less at the same level.
ESLT's Gross Margin of 24.02% is in line compared to the rest of the industry. ESLT outperforms 46.15% of its industry peers.
ESLT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.44% | ||
| PM (TTM) | 4.95% | ||
| 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
ESLT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for ESLT has been increased compared to 1 year ago.
ESLT has more shares outstanding than it did 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 1.55, which is an excellent value as it means it would take ESLT, only 1.55 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.55, ESLT belongs to the top of the industry, outperforming 93.85% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that ESLT is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.24, ESLT is doing good in the industry, outperforming 73.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.55 | ||
| Altman-Z | N/A |
ROIC/WACC0.84
WACC9.08%
2.3 Liquidity
ESLT has a Current Ratio of 1.21. This is a normal value and indicates that ESLT is financially healthy and should not expect problems in meeting its short term obligations.
ESLT has a Current ratio of 1.21. This is in the lower half of the industry: ESLT underperforms 73.85% of its industry peers.
A Quick Ratio of 0.70 indicates that ESLT may have some problems paying its short term obligations.
ESLT has a Quick ratio of 0.70. This is amonst the worse of the industry: ESLT underperforms 83.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
ESLT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 44.46%, which is quite impressive.
ESLT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.67% yearly.
Looking at the last year, ESLT shows a quite strong growth in Revenue. The Revenue has grown by 16.86% in the last year.
The Revenue has been growing by 8.66% on average over the past years. This is quite good.
EPS 1Y (TTM)44.46%
EPS 3Y1.86%
EPS 5Y6.67%
EPS Q2Q%41.99%
Revenue 1Y (TTM)16.86%
Revenue growth 3Y8.96%
Revenue growth 5Y8.66%
Sales Q2Q%22%
3.2 Future
Based on estimates for the next years, ESLT will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.78% on average per year.
The Revenue is expected to grow by 9.07% on average over the next years. This is quite good.
EPS Next Y20.16%
EPS Next 2Y20.96%
EPS Next 3Y13.78%
EPS Next 5YN/A
Revenue Next Year13.88%
Revenue Next 2Y12.08%
Revenue Next 3Y9.07%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 47.00 indicates a quite expensive valuation of ESLT.
ESLT's Price/Earnings is on the same level as the industry average.
ESLT's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.30.
ESLT is valuated quite expensively with a Price/Forward Earnings ratio of 34.91.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ESLT is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of ESLT to the average of the S&P500 Index (21.76), we can say ESLT is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47 | ||
| Fwd PE | 34.91 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ESLT is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ESLT indicates a somewhat cheap valuation: ESLT is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.51 | ||
| EV/EBITDA | 29.28 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ESLT does not grow enough to justify the current Price/Earnings ratio.
ESLT has a very decent profitability rating, which may justify a higher PE ratio.
ESLT's earnings are expected to grow with 13.78% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.33
PEG (5Y)7.04
EPS Next 2Y20.96%
EPS Next 3Y13.78%
5. Dividend
5.1 Amount
ESLT has a yearly dividend return of 0.50%, which is pretty low.
ESLT's Dividend Yield is a higher than the industry average which is at 1.24.
With a Dividend Yield of 0.50, ESLT pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.5% |
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
25.10% of the earnings are spent on dividend by ESLT. This is a low number and sustainable payout ratio.
ESLT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP25.1%
EPS Next 2Y20.96%
EPS Next 3Y13.78%
NASDAQ:ESLT (7/11/2025, 8:07:59 PM)
447.42
-0.86 (-0.19%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners20%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap20.70B
Analysts44
Price Target0.92 (-99.79%)
Short Float %0.43%
Short Ratio0.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.5% |
Yearly Dividend2
Dividend Growth(5Y)2.56%
DP25.1%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)21.64%
Min EPS beat(2)9.55%
Max EPS beat(2)33.74%
EPS beat(4)4
Avg EPS beat(4)18.75%
Min EPS beat(4)9.55%
Max EPS beat(4)33.74%
EPS beat(8)6
Avg EPS beat(8)12.11%
EPS beat(12)7
Avg EPS beat(12)2.77%
EPS beat(16)9
Avg EPS beat(16)2.99%
Revenue beat(2)2
Avg Revenue beat(2)8.19%
Min Revenue beat(2)6.29%
Max Revenue beat(2)10.09%
Revenue beat(4)4
Avg Revenue beat(4)5.61%
Min Revenue beat(4)1.32%
Max Revenue beat(4)10.09%
Revenue beat(8)8
Avg Revenue beat(8)4.49%
Revenue beat(12)8
Avg Revenue beat(12)2.1%
Revenue beat(16)12
Avg Revenue beat(16)3.18%
PT rev (1m)7.58%
PT rev (3m)9.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13.47%
EPS NY rev (1m)0%
EPS NY rev (3m)0.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)5.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47 | ||
| Fwd PE | 34.91 | ||
| P/S | 2.89 | ||
| P/FCF | 36.51 | ||
| P/OCF | 28.57 | ||
| P/B | 6.26 | ||
| P/tB | 14.13 | ||
| EV/EBITDA | 29.28 |
EPS(TTM)9.52
EY2.13%
EPS(NY)12.82
Fwd EY2.86%
FCF(TTM)12.25
FCFY2.74%
OCF(TTM)15.66
OCFY3.5%
SpS154.99
BVpS71.43
TBVpS31.66
PEG (NY)2.33
PEG (5Y)7.04
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.12% | ||
| ROE | 10.73% | ||
| ROCE | 9.33% | ||
| ROIC | 7.64% | ||
| ROICexc | 8.25% | ||
| ROICexgc | 12.11% | ||
| OM | 7.44% | ||
| PM (TTM) | 4.95% | ||
| GM | 24.02% | ||
| FCFM | 7.91% |
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%
ROICexcg growth 3Y6.01%
ROICexcg 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-Score7
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 1.55 | ||
| Debt/EBITDA | 1.16 | ||
| Cap/Depr | 98.37% | ||
| Cap/Sales | 2.2% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 104.45% | ||
| Profit Quality | 159.89% | ||
| Current Ratio | 1.21 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | N/A |
F-Score7
WACC9.08%
ROIC/WACC0.84
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)44.46%
EPS 3Y1.86%
EPS 5Y6.67%
EPS Q2Q%41.99%
EPS Next Y20.16%
EPS Next 2Y20.96%
EPS Next 3Y13.78%
EPS Next 5YN/A
Revenue 1Y (TTM)16.86%
Revenue growth 3Y8.96%
Revenue growth 5Y8.66%
Sales Q2Q%22%
Revenue Next Year13.88%
Revenue Next 2Y12.08%
Revenue Next 3Y9.07%
Revenue Next 5YN/A
EBIT growth 1Y40.16%
EBIT growth 3Y5.33%
EBIT growth 5Y8.74%
EBIT Next Year56.61%
EBIT Next 3Y26.58%
EBIT Next 5YN/A
FCF growth 1Y967.23%
FCF growth 3Y11.86%
FCF growth 5YN/A
OCF growth 1Y450.7%
OCF growth 3Y8.64%
OCF growth 5YN/A