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Added to YB: 2025-04-10

Pitch date: 2025-04-07

ELAL.TA [neutral]

El Al Israel Airlines Ltd.

+44.05%

current return

Author Info

ASB Partners invests in cheap, growing, and durable stocks, and shares writeups via their newsletter. Sign up for the newsletter.

Company Info

El Al Israel Airlines Ltd., together with its subsidiaries, provides passenger and cargo transportation services.

Market Cap

ILS 2.4B

Pitch Price

ILS 10.42

Price Target

25.00 (+67%)

Dividend

N/A

EV/EBITDA

2.14

P/E

4.77

EV/Sales

0.57

Sector

Passenger Airlines

Category

value

Show full summary:
ASB Partners Portfolio Holding: El Al Israel Airlines Ltd.

ELAL.TA (holding update): Strong Q4, record FCF & deleveraging. Net debt down 95% to $75M. 2025 growth via fleet expansion. $654M profits available ($1.1/share). Mgmt projects ASK growth & FCF through 2030. Low fuel prices beneficial. Trading at <3x EV/EBITDAR; 6x implies >25 NIS vs 10.7 NIS current.

Read full article (1 min)