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Amiad Water Systems Ltd (IL:AMD)
TASE:AMD
Israel Market
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Amiad (AMD) AI Stock Analysis

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IL:AMD

Amiad

(TASE:AMD)

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Neutral 56 (OpenAI - 5.2)
Rating:56Neutral
Price Target:
816.00
▲(4.21% Upside)
Action:Reiterated
Date:07/23/26
The score is held back primarily by deteriorated profitability and current net losses despite stable gross margin, partially offset by a solid rebound in operating/free cash flow and a reasonably supported balance sheet. Technicals are currently strong with price above major moving averages, but momentum indicators are extremely stretched, adding near-term risk. Valuation offers limited support due to the negative P/E and no provided dividend yield.
Positive Factors
Gross margin stability
A steady gross margin (~32.5%) indicates the core product economics and pricing remain intact, providing a structural buffer while management addresses overheads. For a filtration supplier, durable product-level margins support long-term profitability recovery even if revenues fluctuate.
Negative Factors
Operating losses
Sustained negative EBIT and net losses undermine retained earnings and limit internal funding for growth. Until operating profitability is restored, the company will remain reliant on cash management and capital access, which constrains strategic investment and shareholder returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross margin stability
A steady gross margin (~32.5%) indicates the core product economics and pricing remain intact, providing a structural buffer while management addresses overheads. For a filtration supplier, durable product-level margins support long-term profitability recovery even if revenues fluctuate.
Read all positive factors

Amiad (AMD) vs. iShares MSCI Israel ETF (EIS)

Amiad Business Overview & Revenue Model

Company Description
Amiad Water Systems Ltd., along with its subsidiaries, specializes in the development and distribution of water purification and filtration technologies. These systems primarily serve clients in the industrial and agricultural irrigation sectors. ...
How the Company Makes Money
Amiad makes money primarily by selling water filtration products and systems to customers in agriculture/irrigation, industrial, and municipal water markets. Revenue is generated from (1) equipment sales—filtration units and system solutions suppl...

Amiad Financial Statement Overview

Summary
Mixed fundamentals: the income statement is weak (revenue down ~2.4% TTM with negative EBIT/net income and sharply lower EBITDA margin), but the balance sheet is reasonably supported (debt-to-equity ~0.58) and cash flow has rebounded with positive operating cash flow (~7.5m) and free cash flow (~5.0m) TTM. The key risk is restoring operating profitability to match improved cash generation.
Income Statement
42
Neutral
Balance Sheet
63
Positive
Cash Flow
58
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue117.42M120.26M130.79M123.66M121.24M115.30M
Gross Profit37.85M39.13M46.09M48.54M49.75M48.03M
EBITDA5.55M5.93M12.17M16.95M18.33M16.69M
Net Income-4.69M-4.78M48.00K4.28M4.21M6.07M
Balance Sheet
Total Assets141.50M138.79M144.45M144.44M131.43M143.19M
Cash, Cash Equivalents and Short-Term Investments9.62M8.65M11.57M12.19M13.58M26.77M
Total Debt40.76M41.13M40.07M34.96M19.57M20.53M
Total Liabilities69.15M67.43M69.18M65.26M44.74M57.70M
Stockholders Equity72.34M71.35M75.28M79.18M83.27M83.35M
Cash Flow
Free Cash Flow5.02M2.33M-854.00K567.00K-5.01M7.54M
Operating Cash Flow7.50M5.29M3.51M4.84M-485.00K10.98M
Investing Cash Flow-2.63M-3.20M-4.93M-8.83M-4.74M-3.38M
Financing Cash Flow-4.35M-5.04M925.00K2.69M-8.85M-13.46M

Amiad Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
56
Neutral
₪227.44M-15.93-19.95%-2611.05%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IL:AMD
Amiad
816.30
39.20
5.04%
IL:WATR
WATER.IO
202.40
-532.60
-72.46%
IL:UTRN
Utron
508.90
106.10
26.34%
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.Date of analysis: Jul 23, 2026