Professional
Added to YB: 2026-07-20
Pitch date: 2026-07-17
ELAL.TA [bullish]
El Al Israel Airlines Ltd.
Author Info
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Company Info
El Al Israel Airlines Ltd., together with its subsidiaries, provides passenger and cargo transportation services.
Market Cap
ILS 2.7B
Pitch Price
N/A
Price Target
N/A
Dividend
4.07%
EV/EBITDA
3.33
P/E
11.14
EV/Sales
0.61
Sector
Passenger Airlines
Category
turnaround
El Al Israel Airlines Ltd. ($ELAL) Write Up
ELAL.TA: Israeli airline, 6yrs of no-normal quarters masking structural improvement. War-driven windfall (foreign carriers gone) swung balance from ~$600M net debt to ~$1.3B net cash. Trades 2.3x EV/EBITDA vs 6-10x peers. Projects $405M NTM FCF (27% EV yield). $3.5B assets vs $1.5B EV. Returning capital 30-40% of NI. Windfall persists 3+ qtrs. Asymmetric 12mo event-driven bet.
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