Aluma Infrastructure Fund (2020) Ltd. (IL:ALUMA)
TASE:ALUMA
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Aluma Infrastr'
(TASE:ALUMA)
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Select Model
Rating:55Neutral
Price Target:
93.00
▲(9.03% Upside)
Action:ReiteratedDate:03/24/26
The score is primarily constrained by persistent negative operating/free cash flow and volatile revenue/margins, which weaken earnings quality despite periods of strong reported profitability and a solid leverage profile. Technical signals are currently bearish, while a low P/E provides a partial valuation offset.
Positive Factors
Solid capitalization
The company maintains low-to-moderate debt (debt-to-equity ~0.17–0.27) and a growing equity base, providing a durable capital cushion. This capitalization supports ongoing operations, reduces bankruptcy risk, and gives management optionality for investments or restructuring over the next 2–6 months.
Negative Factors
Persistent negative cash flow
Chronic negative operating and free cash flow undermines earnings quality and signals cash is not being converted from reported profits. Over months, this forces reliance on financing or asset sales, constrains reinvestment, and increases liquidity risk if losses persist or funding conditions tighten.
Read all positive and negative factors
Positive Factors
Negative Factors
Solid capitalization
The company maintains low-to-moderate debt (debt-to-equity ~0.17–0.27) and a growing equity base, providing a durable capital cushion. This capitalization supports ongoing operations, reduces bankruptcy risk, and gives management optionality for investments or restructuring over the next 2–6 months.
Read all positive factors
Aluma Infrastr' (ALUMA) vs. iShares MSCI Israel ETF (EIS)
Market Cap
₪254.83M
Dividend YieldN/A
Average Volume (3M)536.27K
Price to Earnings (P/E)9.7
Beta (1Y)0.91
Revenue GrowthN/A
EPS GrowthN/A
CountryIL
Employees190
SectorReal Estate
Sector Strength53
IndustryAsset Management
Share Statistics
EPS (TTM)6.30
Shares Outstanding307,392,400
10 Day Avg. Volume396,198
30 Day Avg. Volume536,272
Financial Highlights & Ratios
PEG Ratio-0.26
Price to Book (P/B)0.56
Price to Sales (P/S)27.05
P/FCF Ratio-21.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Aluma Infrastr' Business Overview & Revenue Model
Company Description
Aluma Infrastructure Fund (2020) Ltd., an infrastructure investment fund, focuses on infrastructure projects in Israel. The company was founded in 2020 and is based in Tel Aviv, Israel....
Aluma Infrastr' Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
74
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.49M | 9.66M | 74.01M | 9.53M | 3.87M | 554.00K |
| Gross Profit | 17.63M | -610.00K | 64.90M | 1.77M | -3.06M | -4.09M |
| EBITDA | -22.99M | 47.37M | 0.00 | 90.22M | -43.01M | 82.31M |
| Net Income | -14.14M | 26.81M | 42.35M | 64.96M | -33.54M | 62.44M |
Balance Sheet | ||||||
| Total Assets | 582.83M | 642.16M | 563.86M | 510.26M | 385.79M | 348.18M |
| Cash, Cash Equivalents and Short-Term Investments | 58.54M | 70.78M | 26.55M | 45.70M | 121.24M | 100.16M |
| Total Debt | 119.19M | 119.19M | 76.69M | 77.16M | 79.22M | 0.00 |
| Total Liabilities | 162.04M | 174.07M | 122.83M | 111.58M | 93.51M | 23.38M |
| Stockholders Equity | 420.80M | 468.08M | 441.03M | 398.68M | 292.28M | 324.80M |
Cash Flow | ||||||
| Free Cash Flow | -4.21M | -12.25M | -6.09M | -7.87M | -5.07M | -4.68M |
| Operating Cash Flow | -4.21M | -12.25M | -6.09M | -7.87M | -5.07M | -4.68M |
| Investing Cash Flow | 4.38M | -27.02M | 2.67M | -96.00M | -134.65M | -85.86M |
| Financing Cash Flow | 35.63M | 37.70M | -2.06M | -2.06M | 80.25M | 184.93M |
Aluma Infrastr' Peers Comparison
UnderperformOutperform
Sector (65)
IL:ALUMA
Aluma Infrastr'
82.90
34.80
72.35%
ELRNF
Elron
2.00
0.97
94.17%
IL:TUZA
Teuza
30.00
-10.60
-26.11%
IL:AGRD
Autonomous
1,350.00
-115.00
-7.85%
IL:CPTP
Capital Point
50.80
-0.30
-0.59%
IL:SPRG
Spring
540.00
8.50
1.60%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.