466.17 USD
-6.83 (-1.44%)
466.17 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 priced too expensively while it is growing strongly. Keep and eye on this one!
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.
Each year in the past 5 years ESLT has been profitable.
In the past 5 years ESLT always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.32%, ESLT is in line with its industry, outperforming 57.75% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.20%, ESLT is in the better half of the industry, outperforming 69.01% of the companies in the same industry.
ESLT's Return On Invested Capital of 7.59% is fine compared to the rest of the industry. ESLT outperforms 69.01% 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 8.52%.
The last Return On Invested Capital (7.59%) for ESLT is above the 3 year average (6.54%), which is a sign of increasing profitability.
| 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 in line with 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 (7.65%) 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 comparable to the rest of the industry.
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 | 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
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.
Compared to 5 years ago, ESLT has more shares outstanding
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's Debt to FCF ratio of 1.07 is amongst the best of the industry. ESLT outperforms 97.18% of its industry peers.
A Debt/Equity ratio of 0.15 indicates that ESLT is not too dependend on debt financing.
ESLT has a better Debt to Equity ratio (0.15) 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.
Looking at the Current ratio, with a value of 1.29, ESLT is doing worse than 73.24% of the companies in the same industry.
A Quick Ratio of 0.77 indicates that ESLT may have some problems paying its short term obligations.
ESLT has a worse Quick ratio (0.77) than 78.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.29 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
ESLT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 54.18%, which is quite impressive.
Measured over the past 5 years, ESLT shows a small growth in Earnings Per Share. The EPS has been growing by 6.67% on average per year.
The Revenue has grown by 14.28% in the past year. This is quite good.
ESLT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.66% yearly.
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
The Earnings Per Share is expected to grow by 23.43% on average over the next years. This is a very strong growth
ESLT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 12.76% yearly.
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
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 39.47, the valuation of ESLT can be described as expensive.
ESLT's Price/Earnings ratio is a bit cheaper when compared to the industry. ESLT is cheaper than 63.38% of the companies in the same industry.
ESLT is valuated expensively when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 32.51, the valuation of ESLT can be described as expensive.
63.38% of the companies in the same industry are more expensive than ESLT, based on the Price/Forward Earnings ratio.
ESLT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 35.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.47 | ||
| Fwd PE | 32.51 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as ESLT.
74.65% of the companies in the same industry are more expensive than ESLT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.75 | ||
| EV/EBITDA | 27.93 |
4.3 Compensation for Growth
The 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)1.29
PEG (5Y)5.91
EPS Next 2Y27.93%
EPS Next 3Y23.43%
5. Dividend
5.1 Amount
ESLT has a yearly dividend return of 0.56%, which is pretty low.
ESLT's Dividend Yield is rather good when compared to the industry average which is at 1.15. ESLT pays more dividend than 81.69% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, ESLT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.56% |
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.
The dividend of ESLT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP23.29%
EPS Next 2Y27.93%
EPS Next 3Y23.43%
466.17
-6.83 (-1.44%)
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 Cap21.62B
Revenue(TTM)6.83B
Net Income(TTM)401.88M
Analysts80
Price Target508.16 (9.01%)
Short Float %0.35%
Short Ratio0.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.56% |
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 | 39.47 | ||
| Fwd PE | 32.51 | ||
| P/S | 2.88 | ||
| P/FCF | 33.75 | ||
| P/OCF | 26.61 | ||
| P/B | 5.49 | ||
| P/tB | 10.28 | ||
| EV/EBITDA | 27.93 |
EPS(TTM)11.81
EY2.53%
EPS(NY)14.34
Fwd EY3.08%
FCF(TTM)13.81
FCFY2.96%
OCF(TTM)17.52
OCFY3.76%
SpS162.06
BVpS84.99
TBVpS45.36
PEG (NY)1.29
PEG (5Y)5.91
Graham Number150.28
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 39.47 and the Price/Book (PB) ratio is 5.49.
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%.