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Top Gum Industries Ltd. (IL:TPGM)
TASE:TPGM
Israel Market
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Top Gum (TPGM) AI Stock Analysis

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IL:TPGM

Top Gum

(TASE:TPGM)

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Neutral 44 (OpenAI - 5.2)
Rating:44Neutral
Price Target:
1,601.00
▲(23.63% Upside)
Action:Reiterated
Date:05/06/26
The score is held down primarily by weakening financial performance—losses and persistently negative free cash flow despite strong revenue growth—alongside bearish technical momentum (negative MACD and low RSI/Stoch). Valuation is not supportive because the negative P/E reflects ongoing losses and no dividend yield is available.
Positive Factors
Strong revenue growth and market traction
Top Gum's rapid revenue acceleration demonstrates durable demand expansion and market traction across products or channels. Persistent top-line momentum supports scale economics, broadens customer reach, and creates optionality to invest in distribution, R&D or margin improvement over the medium term.
Negative Factors
Net losses and deeply negative net margin
Sustained net losses and a ~-15.8% net margin indicate the company is not yet translating sales into bottom-line profitability. Over several quarters this erodes retained earnings, pressures ROE, and means long-term value depends on reversing operating losses rather than on revenue growth alone.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth and market traction
Top Gum's rapid revenue acceleration demonstrates durable demand expansion and market traction across products or channels. Persistent top-line momentum supports scale economics, broadens customer reach, and creates optionality to invest in distribution, R&D or margin improvement over the medium term.
Read all positive factors

Top Gum (TPGM) vs. iShares MSCI Israel ETF (EIS)

Top Gum Business Overview & Revenue Model

Company Description
TopGum Industries Ltd. develops, manufactures, and markets dietary and nutraceutical gummies. The company offers a range of gummiceutical supplements that include vitamins, minerals, natural extracts, pre and probiotics, and food products; and nut...
How the Company Makes Money
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Top Gum Financial Statement Overview

Summary
Revenue surged in 2025, but profitability deteriorated sharply with net losses in 2024–2025 and a deeply negative net margin (~-15.8%). Operating cash flow is positive and improving, yet free cash flow remains consistently negative (about -9.4m in 2025), increasing funding/execution risk. Balance sheet support is still reasonable, but leverage has been trending higher and ROE is negative.
Income Statement
34
Negative
Balance Sheet
58
Neutral
Cash Flow
41
Neutral
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue100.95M59.27M45.60M43.91M33.07M
Gross Profit32.36M20.51M15.10M15.25M9.89M
EBITDA-8.04M-2.61M6.27M6.23M4.49M
Net Income-15.94M-6.49M3.21M3.63M1.58M
Balance Sheet
Total Assets206.00M108.20M104.84M63.68M59.57M
Cash, Cash Equivalents and Short-Term Investments32.83M10.14M12.11M4.33M17.93M
Total Debt51.26M31.20M25.06M7.99M2.40M
Total Liabilities115.10M45.62M37.26M17.41M12.13M
Stockholders Equity90.90M62.58M67.59M46.27M47.44M
Cash Flow
Free Cash Flow-9.37M-6.70M-25.43M-12.18M-6.48M
Operating Cash Flow10.28M6.69M1.44M1.08M1.09M
Investing Cash Flow-32.37M-12.99M-28.22M-13.40M-7.51M
Financing Cash Flow41.91M4.50M33.20M263.00K22.12M

Top Gum Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1295.00
Price Trends
50DMA
1516.94
Negative
100DMA
1528.75
Negative
200DMA
1272.21
Positive
Market Momentum
MACD
1.43
Positive
RSI
42.41
Neutral
STOCH
14.49
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:TPGM, the sentiment is Negative. The current price of 1295 is below the 20-day moving average (MA) of 1495.30, below the 50-day MA of 1516.94, and above the 200-day MA of 1272.21, indicating a neutral trend. The MACD of 1.43 indicates Positive momentum. The RSI at 42.41 is Neutral, neither overbought nor oversold. The STOCH value of 14.49 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IL:TPGM.

Top Gum Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
₪621.46M-66.143.17%-4.53%-34.72%
62
Neutral
$20.33B14.63-3.31%3.23%1.93%-12.26%
55
Neutral
₪673.85M19.965.30%6.58%-43.76%
44
Neutral
₪1.89B-5.8657.36%-76.85%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IL:TPGM
Top Gum
1,440.00
529.30
58.12%
IL:CRMT
Carmit
2,034.00
950.63
87.75%
IL:KAFR
Kafrit
2,611.00
-412.63
-13.65%
IL:ANGL
Salomon A. Angel Ltd.
1,980.00
-1,391.00
-41.26%
IL:EMDV
Emilia Devel
2,328.00
-497.08
-17.60%
IL:HLMS
Holmes Place
654.70
-53.38
-7.54%
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: May 06, 2026