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Tel Aviv Stock Exchange Ltd. (IL:TASE)
:TASE
Israel Market

Tase (TASE) Ratios

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Tase Ratios

IL:TASE's free cash flow for Q4 2025 was ₪0.89. For the 2025 fiscal year, IL:TASE's free cash flow was decreased by ₪ and operating cash flow was ₪0.45. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
7.72 7.72 1.41 1.06 1.31
Quick Ratio
7.72 7.72 1.41 1.06 1.31
Cash Ratio
7.08 7.08 0.46 0.20 0.19
Solvency Ratio
0.21 0.21 0.14 0.06 0.09
Operating Cash Flow Ratio
5.43 5.12 0.17 0.08 0.12
Short-Term Operating Cash Flow Coverage
5.43 5.12 3.31 3.21 0.00
Net Current Asset Value
₪ -737.29M₪ -737.29M₪ 240.67M₪ -68.13M₪ 223.79M
Leverage Ratios
Debt-to-Assets Ratio
0.06 0.06 0.06 0.06 <0.01
Debt-to-Equity Ratio
0.15 0.15 0.16 0.41 0.02
Debt-to-Capital Ratio
0.13 0.13 0.14 0.29 0.02
Long-Term Debt-to-Capital Ratio
0.07 0.07 0.06 0.20 0.00
Financial Leverage Ratio
2.75 2.75 2.53 6.70 2.64
Debt Service Coverage Ratio
4.10 4.10 2.81 2.70 331.65
Interest Coverage Ratio
26.74 27.33 13.21 267.34 269.68
Debt to Market Cap
<0.01 0.01 0.03 0.08 0.00
Interest Debt Per Share
1.18 1.18 1.38 1.69 0.15
Net Debt to EBITDA
-0.88 -0.88 -1.60 -1.51 -1.46
Profitability Margins
Gross Profit Margin
65.20%65.20%45.29%42.43%41.65%
EBIT Margin
43.42%43.45%32.86%28.22%19.47%
EBITDA Margin
54.18%54.19%45.65%41.66%33.69%
Operating Profit Margin
40.89%41.79%28.45%25.58%23.08%
Pretax Profit Margin
41.93%41.92%30.71%28.12%19.38%
Net Profit Margin
32.13%32.12%23.16%21.34%14.08%
Continuous Operations Profit Margin
32.13%32.12%23.16%21.34%14.08%
Net Income Per EBT
76.63%76.63%75.41%75.89%72.65%
EBT Per EBIT
102.55%100.29%107.94%109.95%83.97%
Return on Assets (ROA)
10.10%10.09%5.55%3.09%2.81%
Return on Equity (ROE)
31.43%27.78%14.06%20.71%7.41%
Return on Capital Employed (ROCE)
13.24%13.53%14.30%16.70%10.70%
Return on Invested Capital (ROIC)
9.80%10.02%10.11%11.61%7.69%
Return on Tangible Assets
11.15%11.14%6.10%3.28%3.04%
Earnings Yield
1.27%2.06%2.60%4.50%2.32%
Efficiency Ratios
Receivables Turnover
19.40 19.40 14.87 13.90 15.30
Payables Turnover
5.85 5.85 21.14 17.18 15.19
Inventory Turnover
0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
1.79 1.79 1.42 1.27 1.14
Asset Turnover
0.31 0.31 0.24 0.14 0.20
Working Capital Turnover Ratio
1.77 1.52 1.69 1.76 1.13
Cash Conversion Cycle
-43.54 -43.54 7.29 5.02 -0.17
Days of Sales Outstanding
18.82 18.82 24.55 26.26 23.85
Days of Inventory Outstanding
0.00 0.00 0.00 0.00 0.00
Days of Payables Outstanding
62.35 62.35 17.26 21.24 24.02
Operating Cycle
18.82 18.82 24.55 26.26 23.85
Cash Flow Ratios
Operating Cash Flow Per Share
3.07 2.90 1.79 1.65 1.18
Free Cash Flow Per Share
2.55 2.68 1.19 1.13 0.70
CapEx Per Share
0.52 0.22 0.59 0.52 0.47
Free Cash Flow to Operating Cash Flow
0.83 0.92 0.67 0.68 0.60
Dividend Paid and CapEx Coverage Ratio
2.88 3.78 0.50 0.55 1.68
Capital Expenditure Coverage Ratio
5.91 13.17 3.01 3.17 2.48
Operating Cash Flow Coverage Ratio
2.82 2.66 1.40 0.98 7.95
Operating Cash Flow to Sales Ratio
0.51 0.48 0.38 0.41 0.33
Free Cash Flow Yield
1.65%2.82%2.82%5.93%3.25%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
79.01 48.55 38.51 22.23 43.18
Price-to-Sales (P/S) Ratio
25.41 15.60 8.92 4.75 6.08
Price-to-Book (P/B) Ratio
21.96 13.49 5.41 4.60 3.20
Price-to-Free Cash Flow (P/FCF) Ratio
60.55 35.42 35.42 16.86 30.78
Price-to-Operating Cash Flow Ratio
50.27 32.73 23.64 11.54 18.36
Price-to-Earnings Growth (PEG) Ratio
4.60 0.62 1.44 0.31 3.89
Price-to-Fair Value
21.96 13.49 5.41 4.60 3.20
Enterprise Value Multiple
46.01 27.90 17.94 9.88 16.59
Enterprise Value
14.05B 8.52B 3.58B 1.61B 2.02B
EV to EBITDA
46.01 27.90 17.94 9.88 16.59
EV to Sales
24.93 15.12 8.19 4.12 5.59
EV to Free Cash Flow
59.40 34.34 32.51 14.63 28.29
EV to Operating Cash Flow
49.36 31.73 21.70 10.01 16.88
Tangible Book Value Per Share
5.22 5.21 6.03 2.56 5.38
Shareholders’ Equity Per Share
7.04 7.03 7.80 4.15 6.75
Tax and Other Ratios
Effective Tax Rate
0.23 0.23 0.25 0.24 0.27
Revenue Per Share
6.09 6.08 4.74 4.03 3.55
Net Income Per Share
1.96 1.95 1.10 0.86 0.50
Tax Burden
0.77 0.77 0.75 0.76 0.73
Interest Burden
0.97 0.96 0.93 1.00 1.00
Research & Development to Revenue
0.00 0.00 0.00 -0.05 -0.05
SG&A to Revenue
0.02 0.02 0.02 0.02 0.03
Stock-Based Compensation to Revenue
<0.01 0.00 0.01 0.02 <0.01
Income Quality
1.57 1.48 1.63 1.93 2.35
Currency in ILS