Apollo Power (APLP) AI Stock Analysis

• Market Cap: ₪309.52M
• Dividend Yield: N/A
• Average Volume (3M): 56.55K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.85
• Revenue Growth: -23.79%
• EPS Growth: 6.81%
• Country: IL
• Employees: 107
• Sector: Energy
• Sector Strength: 52
• Industry: Solar
• EPS (TTM): -1.54
• Shares Outstanding: 78,979,090
• 10 Day Avg. Volume: 83,834
• 30 Day Avg. Volume: 56,548
• PEG Ratio: -0.23
• Price to Book (P/B): 1.14
• Price to Sales (P/S): 15.90
• P/FCF Ratio: -2.68
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: 461.00 ▲(7.08% Upside)
• Action: Reiterated Date: 11/17/25
• Date: Action: Reiterated 11/17/25

Apollo Power's overall stock score of 49 is primarily driven by significant financial weaknesses, including deep losses, negative revenue growth, and substantial cash burn, posing high operational and liquidity risks. While technical indicators show bullish momentum with the stock price above key moving averages, this positive factor is insufficient to offset financial concerns. Valuation challenges due to negative earnings further weigh on the score.

Positive Factors

Innovative Business Model

Apollo Power's focus on innovative solar technologies positions it well in the growing renewable energy market, providing a competitive edge.

Recurring Revenue Streams

Recurring revenue from maintenance services enhances financial stability and predictability, supporting long-term growth.

Partnerships and Incentives

Strategic partnerships and access to incentives bolster Apollo Power's market position and facilitate expansion in the clean energy sector.

Negative Factors

Profitability Challenges

Ongoing profitability challenges hinder Apollo Power's ability to reinvest in growth and may affect long-term viability.

Negative Cash Flow

Negative cash flow indicates inefficiencies in converting earnings into cash, limiting Apollo Power's financial flexibility.

Declining Revenue Growth

Declining revenue growth suggests market challenges or competitive pressures, impacting future expansion and profitability.

Apollo Power Business Overview & Revenue Model

Company Description

Apollo Power Ltd provides technology solutions for manufacturing flexible, lightweight, durable, and high-efficiency energy films in Israel. The company's product portfolio include floating solar and load limited structures. It provides its products for various markets and applications including automotive, marine, aviation, infrastructure, off-grid areas, and future products, such as space vehicles and vessels. The company was founded in 2014 and is based in Yokneam Illit, Israel.

How the Company Makes Money

Apollo Power generates revenue primarily through the sale and installation of solar energy systems, which include solar panels, inverters, and energy storage solutions. The company also offers maintenance and support services for its installations, creating a recurring revenue stream. Additionally, Apollo Power partners with utility companies and government agencies to provide renewable energy solutions, often benefiting from incentives and subsidies designed to promote clean energy adoption. The company may also engage in power purchase agreements (PPAs), where it sells generated electricity back to the grid or to commercial customers, further contributing to its earnings.

Apollo Power Financial Statement Overview

Summary

Apollo Power's financial performance is weak across income statement, balance sheet, and cash flow metrics. Deep losses with a net profit margin of -640.5%, negative revenue growth of -1.38%, poor return on equity at -53.1%, and significant cash burn with negative free cash flow of -72.7M highlight operational and liquidity challenges. The score reflects these substantial risks despite a moderate debt-to-equity ratio of 0.51.

Income Statement

Apollo Power's income statement reflects significant challenges. For TTM (Trailing-Twelve-Months), the gross profit margin is modest at 19.4%, indicating some ability to cover costs, but the net profit margin is deeply negative at -640.5%, showing substantial losses relative to revenue. The EBIT margin of -602.6% and EBITDA margin of -463.2% further highlight operational inefficiencies. Revenue growth is also negative at -1.38%, signaling a declining top line. While the company operates in the high-growth solar industry, persistent losses and lack of profitability weigh heavily on this score.

Balance Sheet

The balance sheet of Apollo Power shows a mixed picture. For TTM (Trailing-Twelve-Months), the debt-to-equity ratio is reasonable at 0.51, suggesting moderate leverage and a manageable debt load. However, the return on equity is concerning at -53.1%, reflecting poor profitability and value creation for shareholders. The equity ratio stands at approximately 62%, indicating a decent portion of assets is funded by equity, which provides some stability. The score reflects a balance between moderate leverage and significant profitability concerns.

Cash Flow

Apollo Power's cash flow performance raises red flags. For TTM (Trailing-Twelve-Months), operating cash flow is negative at -63.4M, indicating the company is burning cash to sustain operations. Free cash flow is also deeply negative at -72.7M, with a sharp decline of -161.7% year-over-year, pointing to worsening cash generation. While the free cash flow to net income ratio of 1.15 suggests cash burn aligns somewhat with reported losses, the overall negative cash flows highlight liquidity risks and operational challenges, resulting in a low score.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.82M	12.89M	10.42M	6.57M	2.00M	528.00K
Gross Profit	2.71M	2.28M	2.20M	1.38M	487.00K	116.00K
EBITDA	-65.06M	-64.91M	-56.39M	-62.49M	-31.17M	-12.23M
Net Income	-89.16M	-86.67M	-66.08M	-74.53M	-35.72M	-14.56M
Balance Sheet
Total Assets	234.80M	269.81M	274.58M	282.06M	206.98M	35.97M
Cash, Cash Equivalents and Short-Term Investments	17.00M	37.17M	20.57M	71.41M	79.85M	16.54M
Total Debt	140.86M	76.44M	87.90M	88.85M	86.30M	9.51M
Total Liabilities	91.02M	90.20M	107.42M	108.10M	90.75M	12.52M
Stockholders Equity	143.78M	179.60M	167.16M	173.97M	116.23M	23.45M
Cash Flow
Free Cash Flow	-60.43M	-76.36M	-96.07M	-105.82M	-52.33M	-16.92M
Operating Cash Flow	-53.67M	-59.33M	-50.58M	-55.39M	-25.96M	-10.14M
Investing Cash Flow	-1.81M	-12.25M	-44.03M	-40.57M	-46.34M	-7.07M
Financing Cash Flow	49.47M	88.06M	42.83M	102.86M	122.38M	30.21M

Apollo Power Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 430.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:APLP, the sentiment is Neutral. The current price of 430.5 is above the 20-day moving average (MA) of 376.44, above the 50-day MA of 422.53, and above the 200-day MA of 404.17, indicating a neutral trend. The MACD of -10.97 indicates Negative momentum. The RSI at 47.87 is Neutral, neither overbought nor oversold. The STOCH value of 72.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IL:APLP.

Apollo Power Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
ENLT	58 Neutral	₪31.24B	60.53	4.89%	―	21.55%	139.11%
GNCL	54 Neutral	₪56.06M	-0.36	―	―	110.02%	26.70%
ELLO	51 Neutral	₪1.07B	-150.67	-0.60%	―	-6.85%	1.72%
APLP	49 Neutral	₪309.52M	-3.17	―	―	-23.79%	6.81%
NOFR	44 Neutral	₪6.48B	-219.79	―	―	5.79%	-13.05%