One Technologi (ONE) AI Stock Analysis

• Market Cap: ₪4.63B
• Dividend Yield: 2.55%
• Average Volume (3M): 60.43K
• Price to Earnings (P/E): 24.7
• Beta (1Y): 1.27
• Revenue Growth: 14.11%
• EPS Growth: 25.79%
• Country: IL
• Employees: 7,057
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 89.20
• Shares Outstanding: 73,647,580
• 10 Day Avg. Volume: 57,236
• 30 Day Avg. Volume: 60,430
• PEG Ratio: 1.76
• Price to Book (P/B): 6.35
• Price to Sales (P/S): 1.36
• P/FCF Ratio: 14.73
• 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: 66 Neutral
• Price Target: 6,923.00 ▼(-25.10% Downside)
• Action: Downgraded Date: 03/18/26
• Date: Action: Downgraded 03/18/26

The score is driven mainly by strong cash flow and an improving balance sheet, which support financial durability. These positives are offset by weak technical momentum (price below key moving averages and negative MACD). Valuation is moderately supportive with a reasonable P/E and a solid dividend yield.

Positive Factors

Cash generation & conversion

Consistent, high free cash flow from 2020–2025 with FCF tracking roughly 95%–97% of net income shows durable earnings quality. This sustained cash conversion funds capex, dividends, buybacks, and debt paydown, reducing dependence on external financing and supporting medium-term flexibility.

Improving balance sheet / lower leverage

Material deleveraging (debt-to-equity down to ~0.49x by 2024 and further 2025 reduction) meaningfully improves financial resilience. Lower leverage reduces refinancing and solvency risk, enhances capacity for strategic investments, and strengthens the company's ability to withstand downturns over the medium term.

High returns on equity

Sustained ROE near 27%–31% indicates efficient capital allocation and profitable core operations. High returns support organic growth funding and dividends while signaling competitive advantages or pricing power that can sustain shareholder returns over multiple years if operational performance persists.

Negative Factors

Decelerating revenue growth

Revenue growth meaningfully decelerated in 2025 to about 4% from roughly 8% in 2024. A sustained top-line slowdown can reduce operating leverage benefits, cap future profit expansion, and may reflect market saturation, weaker product demand, or intensifying competition, pressuring medium-term earnings.

Legacy leverage risk

Although leverage has improved, the company's history of meaningful indebtedness remains a structural risk. If cash flow weakens, prior leverage patterns could re-emerge, limiting strategic options, raising credit costs, and constraining investment until deleveraging is firmly sustained.

Modest operating cash flow margin

Operating cash flow relative to revenue is described as modest despite strong absolute FCF. This suggests cash generated per unit of sales isn't elevated; further revenue slowdown or margin pressure could tighten available cash, limiting reinvestment capacity and making the business more sensitive to cyclical stress.

One Technologi Business Overview & Revenue Model

Company Description

One Software Technologies Ltd provides software, hardware, and integration services. The company also offers IT and infrastructure services; software solutions for cloud, BI, digital, cyber and security, POS, and other products; and managed services for IT sector. One Software Technologies Ltd is based in Petah Tikva, Israel.

One Technologi Financial Statement Overview

Summary

Strong and consistent free cash flow generation (rising 2020–2025 with high cash conversion to net income), improving leverage (debt-to-equity down to ~0.49x by 2024 with further debt reduction in 2025), and steady profitability. Main risk is the meaningful slowdown in revenue growth in 2025.

Income Statement

Revenue has grown strongly over the long run (2020–2025), but growth slowed meaningfully in 2025 (about 4% vs ~8% in 2024). Profitability looks steady rather than expanding: gross margin and operating profitability were fairly stable in 2020–2024, and net margin improved modestly into 2024. Overall, the business shows consistent earnings power with decelerating top-line momentum as the main watch item.

Balance Sheet

Leverage improved materially: debt-to-equity fell from above 1.0x (2021) to ~0.49x (2024), and total debt declined further in 2025 while equity rose sharply. The company is generating high returns on equity (around 27%–31% in 2022–2024), supported by rising asset and equity bases. Key risk: despite the improvement, the capital structure has historically carried meaningful leverage, so maintaining the downtrend in debt remains important.

Cash Flow

Cash generation is a clear strength. Operating cash flow and free cash flow rose consistently from 2020 through 2025, with free cash flow growth accelerating again in 2025 (~7%). Free cash flow closely tracks earnings quality (free cash flow running at roughly ~95%–97% of net income in 2021–2024), indicating profits are translating into real cash. A potential weakness is that operating cash flow relative to revenue appears modest based on the provided coverage figure, but overall cash conversion remains solid.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.65B	4.00B	3.70B	3.21B	2.72B
Gross Profit	602.84M	596.30M	555.79M	508.33M	441.94M
EBITDA	473.79M	453.86M	376.45M	344.71M	309.03M
Net Income	262.76M	230.12M	181.93M	163.45M	131.27M
Balance Sheet
Total Assets	2.70B	2.34B	2.13B	1.97B	1.91B
Cash, Cash Equivalents and Short-Term Investments	659.36M	429.18M	335.61M	315.25M	301.84M
Total Debt	318.69M	362.65M	426.25M	461.80M	567.28M
Total Liabilities	1.68B	1.58B	1.44B	1.33B	1.35B
Stockholders Equity	993.50M	735.68M	659.89M	608.13M	537.13M
Cash Flow
Free Cash Flow	428.31M	370.77M	326.74M	285.27M	270.92M
Operating Cash Flow	444.86M	382.64M	344.03M	303.93M	286.84M
Investing Cash Flow	-85.47M	-2.14M	-25.00M	-31.28M	-174.86M
Financing Cash Flow	-143.60M	-286.86M	-300.51M	-259.15M	-105.67M

One Technologi Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9243.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:ONE, the sentiment is Negative. The current price of 9243 is above the 20-day moving average (MA) of 6368.25, above the 50-day MA of 7573.30, and above the 200-day MA of 8234.99, indicating a bearish trend. The MACD of -249.27 indicates Negative momentum. The RSI at 37.98 is Neutral, neither overbought nor oversold. The STOCH value of 11.51 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IL:ONE.

One Technologi Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ONE	66 Neutral	₪4.63B	24.65	―	2.55%	14.11%	25.79%
ABRA	64 Neutral	₪460.61M	33.78	―	―	19.46%	-27.35%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
MTRX	60 Neutral	₪9.60B	28.90	―	2.41%	8.82%	14.25%