Added to YB: 2025-02-21
Pitch date: 2025-09-19
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 1.5B
Pitch Price
N/A
Price Target
12.02 (+7%)
Dividend
N/A
Sector
Passenger Airlines
Category
value
El Al (ELAL) - 3x EV/EBITDA for the Most Profitable Airline in the World
ELAL.TA: National carrier, 46% market share. Q4 FCF margin 23%, normalizing to 16%. Fleet modernization to 58 aircraft by 2031. Capacity to grow 40% to 8.8M passengers. Trades at 4.0x 2025E P/FCF, 2.6x EV/EBITDAR vs peers 9.7x, 6.0x. DCF target $12.02, 283% upside. Risks: capital distribution limits, competition return.
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