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Prior-Tech Ltd. (IL:PRTC)
:PRTC
Israel Market

Priortech (PRTC) AI Stock Analysis

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IL

Priortech

(PRTC)

Rating:59Neutral
Price Target:
Priortech shows strong financial performance with notable profitability and revenue growth, supported by a robust balance sheet. However, negative cash flows and operational inefficiencies are significant concerns. The technical analysis indicates a bearish trend, which may dampen investor sentiment. Valuation appears reasonable but lacks a dividend, which could deter income investors.

Priortech (PRTC) vs. iShares MSCI Israel ETF (EIS)

Priortech Business Overview & Revenue Model

Company DescriptionPriortech Ltd. (PRTC) is a high-tech holding company primarily engaged in the development, manufacture, and marketing of advanced technologies in the sectors of semiconductor capital equipment, printed circuit boards, and electronic components. Through its subsidiaries, Priortech offers a diversified portfolio of products and services that cater to the needs of global industries in electronics, communications, and automotive sectors.
How the Company Makes MoneyPriortech generates revenue primarily through its subsidiaries that operate in various high-technology markets. The company's revenue model hinges on the sale of semiconductor capital equipment, printed circuit boards, and electronic components. These subsidiaries design, manufacture, and market advanced technological solutions, with key revenue streams coming from product sales, long-term supply agreements, and service contracts. Additionally, Priortech may benefit from strategic partnerships and collaborations with industry leaders, enhancing its market presence and driving sales through innovative offerings.

Priortech Financial Statement Overview

Summary
Priortech demonstrates strong profitability and revenue growth with a solid balance sheet characterized by low financial leverage. However, operational inefficiencies and cash flow issues could pose risks if not addressed. The company is well-positioned in terms of equity but needs to focus on improving operational cash generation.
Income Statement
65
Positive
Priortech has shown a positive revenue growth rate of 17.46% from 2023 to 2024, and a strong net profit margin of 42.63% in 2024. However, the company is experiencing negative EBIT margins which suggest operational inefficiencies. Despite this, the substantial EBITDA margin of 48.45% indicates strong underlying earnings power when excluding non-cash expenses.
Balance Sheet
72
Positive
The balance sheet of Priortech is relatively strong with a debt-to-equity ratio of 0.26 in 2024, indicating low financial leverage and potential for growth. The return on equity is robust at 13.53%, highlighting effective use of shareholder funds. However, the equity ratio of 76.52% suggests a high reliance on equity financing.
Cash Flow
50
Neutral
Priortech's cash flow situation is concerning, with negative free cash flow and operating cash flow in 2024. The operating cash flow to net income ratio is negative, which indicates challenges in converting earnings into cash. Despite this, the company has managed its investing and financing activities to maintain liquidity.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue787.00K670.00K659.00K686.00K619.00K
Gross Profit787.00K632.00K659.00K686.00K619.00K
EBITDA38.13M27.36M45.37M26.57M22.37M
Net Income33.55M23.65M37.50M20.83M14.64M
Balance Sheet
Total Assets323.87M308.16M285.44M257.21M187.66M
Cash, Cash Equivalents and Short-Term Investments1.91M8.05M11.69M3.58M37.80M
Total Debt64.94M64.99M66.07M71.42M24.87M
Total Liabilities68.49M67.75M68.64M75.00M32.95M
Stockholders Equity247.89M234.70M212.45M182.00M160.98M
Cash Flow
Free Cash Flow-1.68M-1.17M-1.30M-6.44M-571.00K
Operating Cash Flow-1.68M-1.17M-1.30M-6.44M-571.00K
Investing Cash Flow16.60M-3.92M-38.14M-29.06M30.80M
Financing Cash Flow-16.10M0.0047.57M-205.00K-8.66M

Priortech Technical Analysis

Technical Analysis Sentiment
Positive
Last Price16800.00
Price Trends
50DMA
15776.40
Positive
100DMA
16021.50
Positive
200DMA
16498.25
Positive
Market Momentum
MACD
1021.21
Negative
RSI
73.98
Negative
STOCH
95.70
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:PRTC, the sentiment is Positive. The current price of 16800 is below the 20-day moving average (MA) of 17223.50, above the 50-day MA of 15776.40, and above the 200-day MA of 16498.25, indicating a bullish trend. The MACD of 1021.21 indicates Negative momentum. The RSI at 73.98 is Negative, neither overbought nor oversold. The STOCH value of 95.70 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:PRTC.

Priortech Peers Comparison

Overall Rating
UnderperformOutperform
Sector (69)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
80
Outperform
$36.15B21.6313.40%11.65%25.43%
77
Outperform
$3.85B31.9524.82%1.62%32.63%46.16%
73
Outperform
$404.25M29.114.79%13.49%-39.61%
69
Neutral
4.58B8.4713.29%3.89%4.42%4.61%
63
Neutral
5.14B
6.72%11.27%79.98%
59
Neutral
2.29B17.78
44.85%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IL:PRTC
Priortech
19,100.00
-5,070.00
-20.98%
CAMT
Camtek
82.04
-47.94
-36.88%
GILT
Gilat
7.09
2.63
58.97%
IL:ELCO
Elco
19,100.00
9,394.17
96.79%
IL:NICE
Nice
56,700.00
-7,540.00
-11.74%

Priortech Corporate Events

Priortech Ltd. Announces Key General Assembly Meeting
Feb 9, 2025

Priortech Ltd. has announced a General Assembly meeting to discuss key agenda items including the approval of the company’s financial statements for the year ending December 31, 2024, reappointment of auditors and directors, and the company’s future plans. The meeting will take place on March 12, 2025, in Tel Aviv, Israel. This meeting is significant for stakeholders as it will confirm the company’s financial position and outline strategic directions, potentially influencing investor confidence and the company’s market positioning.

Priortech Ltd. Announces Key Transactions with Controlling Shareholder
Feb 9, 2025

Priortech Ltd. is planning to hold a special general meeting on March 12, 2025, to discuss several transactions involving its controlling shareholder, Mr. Daniel Shoshani. The agenda includes the approval of a private placement of 3,000,000 options to Mr. Shoshani, an amendment to a loan agreement with PriorTech Ltd., and the renewal of management services with ZhuHai Access Semiconductor. These transactions could significantly impact the company’s governance and financial arrangements, enhancing Mr. Shoshani’s influence on the company’s strategic decisions.

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: Apr 22, 2025