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Supergas Power (IL:SPGS)
TASE:SPGS
Israel Market
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Supergas Power (SPGS) AI Stock Analysis

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IL:SPGS

Supergas Power

(TASE:SPGS)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
2,550.00
▼(-3.15% Downside)
Action:Reiterated
Date:07/03/26
The score is held down primarily by weak profitability and deteriorating cash generation (negative EBIT margin and negative TTM free cash flow). Technicals add a modest additional headwind with bearish momentum signals and price below key short-term averages. Valuation is also a constraint due to a very high P/E without a provided dividend yield to support the multiple.
Positive Factors
Revenue Growth Trend
Modest but persistent revenue growth (TTM +3.45% to ~1.06B) indicates steady underlying demand in the business. For a regulated gas utility, even slow top-line expansion supports utilization of existing infrastructure and helps absorb fixed costs, preserving long-term serviceability and planning visibility for 2–6 months and beyond.
Negative Factors
Weak Operating Profitability
EBIT turning negative while net margin is near zero signals weak operating leverage and limited earnings power. Persistent negative operating profitability reduces internal funding for maintenance and growth, heightens sensitivity to cost or regulation changes, and constrains ability to rebuild reserves over several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Trend
Modest but persistent revenue growth (TTM +3.45% to ~1.06B) indicates steady underlying demand in the business. For a regulated gas utility, even slow top-line expansion supports utilization of existing infrastructure and helps absorb fixed costs, preserving long-term serviceability and planning visibility for 2–6 months and beyond.
Read all positive factors

Supergas Power (SPGS) vs. iShares MSCI Israel ETF (EIS)

Supergas Power Business Overview & Revenue Model

Company Description
Operating within Israel, Supergas Power (2019) Ltd is engaged in the supply chain of various energy commodities, including liquefied petroleum gas (LPG), natural gas, electricity, and thermal energy. These products serve a broad spectrum of uses: ...
How the Company Makes Money
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Supergas Power Financial Statement Overview

Summary
Income statement profitability is weak (TTM EBIT margin negative and net margin ~0.5%) despite modest revenue growth. Balance sheet leverage looks manageable for a regulated utility (debt-to-equity ~0.94), but returns are weak. Cash flow is the main drag: operating cash flow fell sharply and TTM free cash flow turned negative, reducing financial flexibility.
Income Statement
46
Neutral
Balance Sheet
58
Neutral
Cash Flow
33
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.06B1.02B856.25M707.18M773.76M608.46M
Gross Profit146.47M148.36M167.96M158.00M51.75M206.06M
EBITDA58.01M99.50M61.39M68.94M34.09M128.55M
Net Income5.49M5.08M7.43M-19.81M4.23M39.30M
Balance Sheet
Total Assets1.83B1.78B508.62M511.56M497.57M512.90M
Cash, Cash Equivalents and Short-Term Investments58.41M62.06M6.65M10.65M8.69M3.83M
Total Debt711.05M696.44M745.23M205.17M187.23M181.45M
Total Liabilities1.09B1.04B289.98M289.39M264.28M271.45M
Stockholders Equity756.85M757.53M220.80M221.74M232.66M238.33M
Cash Flow
Free Cash Flow-22.02M21.02M-21.84M-18.85M-18.43M-16.47M
Operating Cash Flow36.42M86.10M3.84M14.84M18.72M23.84M
Investing Cash Flow27.09M10.47M-1.70M-57.43M-34.69M-92.22M
Financing Cash Flow-41.85M-61.84M-6.50M44.87M20.99M63.28M

Supergas Power Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
₪6.37B5.79-0.23%1.69%-3.84%
61
Neutral
₪15.64B4.794.49%3.69%-43.39%268.02%
59
Neutral
₪1.35B-10.45-0.62%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
44
Neutral
₪466.80M85.7715.25%-156.31%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IL:SPGS
Supergas Power
2,572.00
-919.00
-26.32%
IL:DLEKG
Delek Group
8,670.00
1,808.24
26.35%
IL:ORL
Oil Refineries
204.00
125.47
159.79%
IL:PTCH
Israel Petrochemical Enterprises Ltd.
503.10
333.20
196.12%
IL:DRAL
Dor Alon
17,570.00
4,449.39
33.91%
IL:ARF
ASHDOD REFINERY LTD
10,910.00
5,633.00
106.75%
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 03, 2026