ELLO Utilities

Ellomay Capital Ltd.

$19.80-3.88%

Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026

Basics

Sector: Utilities
Industry: Utilities - Renewable
Country: Israel
Market cap: 272.9M USD
Enterprise value: 721.4M USD
Full-time employees: 29

Overall health

Drawback: growing more slowly than most peersgrowing more slowly than peers
Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.00 vs a peer median of 0.46), though less than the overall markethigher risk: bigger price swings (beta 1.00 vs peers 0.46)
About average: profitability

Ranks #301 of 348 utilities companies (bottom 14%)

See how it ranks against its peers

Worth knowing

Operating margin at a 6-year high. 43% in 2025, the best of the last 6 years.
Ellomay Capital kept 43% of revenue as operating profit in 2025, its highest in the 6 years of filings we have.
Investment surge. Capital spending 228% of revenue, up from 89% in 2022.
Ellomay Capital is spending 228% of revenue on facilities and equipment, up from 89% in 2022. That weighs on free cash flow today; whether it pays off depends on the returns those investments earn.
Valuation signals disagree. Cheaper than 50% of peers on free cash flow, but only 0% on earnings.
Relative to its free cash flow, Ellomay Capital looks cheaper than 50% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.
Not profitable yet. Reported a loss in the 12 months to December 2025.
Ellomay Capital reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.

StockQuotient Score

30/ 100

Oct 5 30 → Nov 4 30

Valuation

Is the price right?

13/100

Weak

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why

Weaker than most peers on:

▼ Earnings yield
▼ EBITDA yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield-0.4%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · EUR→USD at the current rateNegative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.52Sector median: 0.0485 · MAD: 0.0319

EBITDA yield5.6%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · EUR→USD at the current rateReported value50% base weight · Z-score -1.21Sector median: 0.0859 · MAD: 0.0250

Free cash flow yield-19.6%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · EUR→USD at the current rate · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score 0.00Sector median: 0.0000 · MAD: 0.0000

Other data (not scored)

Book yield28.9%

SEC filings (IFRS mapped) · latest balance sheet · EUR→USD at the current rateReported valueInformational · 0% composite weightSector median: 0.6310 · MAD: 0.2684

Growth

Is it growing?

38/100

Weak▼ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 4.1%

Why it changed since the Oct 27, 2026 close: Score 39 → 38

Peer companies moved-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Weaker than most peers on:

▼ 3-yr revenue

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growthUnavailable

Still loss-making, but the loss per share narrowed33% base weight · Z-score 0.27Sector median: 0.0172 · MAD: 0.1791

3-year revenue growth-6.4%

SEC filings (IFRS mapped) · 3 years to Dec 2025Reported value33% base weight · Z-score -1.60Sector median: 0.0196 · MAD: 0.0523

Revenue growth5.8%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score 0.48Sector median: 0.0254 · MAD: 0.0681

Profitability

Does it earn well?

53/100

Moderate▼ 1 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

Operating margin rose 22.4 points to 43.1%

Why it changed since the Oct 27, 2026 close: Score 54 → 53

Peer companies moved-1

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Mixed versus peers:

▲ Operating margin
▼ ROA

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin43.1%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score 2.83Sector median: 0.1864 · MAD: 0.0865

Return on assets-0.3%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score -2.35Sector median: 0.0266 · MAD: 0.0124

Return on invested capital5.5%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score 0.10Sector median: 0.0524 · MAD: 0.0237

Other data (not scored)

Gross margin16.2%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported valueInformational · 0% composite weightSector median: 0.3581 · MAD: 0.1545

Return on equity-1.5%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported valueInformational · 0% composite weightSector median: 0.0807 · MAD: 0.0381

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ Beta
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.00

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -3.11Sector median: 0.4590 · MAD: 0.1730

Current ratio1.24×

SEC filings (IFRS mapped) · latest balance sheetReported value33% base weight · Z-score 0.57Sector median: 1.0330 · MAD: 0.3620

Debt / equity1.52×

SEC filings (IFRS mapped) · latest balance sheetReported value33% base weight · Z-score -0.61Sector median: 1.1925 · MAD: 0.5265

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Ellomay Capital

Is Ellomay Capital getting weaker?: Its latest SEC filing (May 1, 2026) got stronger: operating margin rose 22.4 points to 43.1%. Its overall score is unchanged at 30/100 since Oct 28, 2026.
How is Ellomay Capital valued vs its peers?: Priced higher than most peers relative to what it earns. Valuation scores 13/100 against 360 utilities peers. Earnings yield -0.4% vs a peer median of 4.8% (weaker than 100% of peers).Earnings yield -0.4% vs peers 4.8% (weaker than 100% of peers).
Is Ellomay Capital growing?: More slowly than most of its peers. Growth scores 38/100 against 360 utilities peers. Revenue growth 5.8% vs a peer median of 2.5% (stronger than 62% of peers).Revenue growth 5.8% vs peers 2.5% (stronger than 62% of peers). 3-year revenue growth -6.4% vs a peer median of 2.0% (weaker than 83% of peers).3-year revenue growth -6.4% vs peers 2.0% (weaker than 83% of peers).
How profitable is Ellomay Capital?: About as profitable as its peers. Profitability scores 53/100 against 360 utilities peers. Operating margin 43.1% vs a peer median of 18.6% (stronger than 94% of peers).Operating margin 43.1% vs peers 18.6% (stronger than 94% of peers). Return on assets -0.3% vs a peer median of 2.7% (weaker than 94% of peers).Return on assets -0.3% vs peers 2.7% (weaker than 94% of peers).
How risky is Ellomay Capital?: Higher risk relative to 360 utilities peers, judged on debt, liquidity and share-price swings. Current ratio 1.24× vs a peer median of 1.03× (stronger than 66% of peers).Current ratio 1.24× vs peers 1.03× (stronger than 66% of peers). Beta 1.00 vs a peer median of 0.46 (weaker than 93% of peers).Beta 1.00 vs peers 0.46 (weaker than 93% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Dec 31, 2025 · filed May 1, 2026 · compared with the quarter ended Jun 30, 2025

Got stronger

Operating margin rose 22.4 points to 43.1%

	Previous quarter	Latest quarter	Change
Revenue (12 months)	41.1M EUR	42.8M EUR	+4.1%
Net income (12 months)	−4.8M EUR	−2.1M EUR	−55.4%
Operating margin	20.7%	43.1%	+22.4 pts
Free cash flow (12 months)	−77.7M EUR	−95.4M EUR	+22.8%
Cash	46.5M EUR	87.6M EUR	+88.4%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Financials

Fiscal years from SEC annual filings · change vs the prior year · amounts in EUR, as reported

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Gross margin	28.7%	24.9%	20.4%	11.8%	16.2%	▲ 4.4 pts
Operating margin	10.8%	8.7%	9.3%	22.4%	43.1%	▲ 21 pts
Net margin	-33.8%	-0.7%	4.5%	-16.1%	-5.0%	▲ 11 pts
Return on assets (ROA)	-2.7%	-0.1%	0.4%	-1.0%	-0.3%	▲ 0.7 pts
Return on equity (ROE)	-13.0%	-0.4%	1.9%	-5.5%	-1.5%	▲ 4.0 pts
Free cash flow margin	-142.2%	-67.6%	-102.9%	-160.5%	-222.7%	▼ 62 pts
Current ratio	0.41×	0.71×	1.06×	0.73×	1.24×	▲ 71%
Quick ratio	0.41×	0.70×	1.04×	0.71×	1.23×	▲ 73%
Debt to equity	2.03×	2.86×	0.96×	1.36×	1.52×	▲ 11%
Interest coverage	0.17×	0.43×	0.36×	0.39×	0.70×	▲ 80%

ELLO price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

Transmissora Aliança de Energia Elétrica S.A.TAEE3.SA94/ 100

Central Puerto S.A.CEPU93/ 100

Suntar Environmental Technology Co., Ltd.688101.SS88/ 100

Bringing the fundamentals into focus…

Overall health

Drawback: growing more slowly than most peersgrowing more slowly than peers

Drawback: its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.00 vs a peer median of 0.46), though less than the overall markethigher risk: bigger price swings (beta 1.00 vs peers 0.46)

About average: profitability

Ranks #301 of 348 utilities companies (bottom 14%)

See how it ranks against its peers

Worth knowing

Operating margin at a 6-year high. 43% in 2025, the best of the last 6 years.

Ellomay Capital kept 43% of revenue as operating profit in 2025, its highest in the 6 years of filings we have.

Investment surge. Capital spending 228% of revenue, up from 89% in 2022.

Ellomay Capital is spending 228% of revenue on facilities and equipment, up from 89% in 2022. That weighs on free cash flow today; whether it pays off depends on the returns those investments earn.

Valuation signals disagree. Cheaper than 50% of peers on free cash flow, but only 0% on earnings.

Relative to its free cash flow, Ellomay Capital looks cheaper than 50% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.

Not profitable yet. Reported a loss in the 12 months to December 2025.

Ellomay Capital reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.

Questions investors ask about Ellomay Capital

Is Ellomay Capital getting weaker?

Its latest SEC filing (May 1, 2026) got stronger: operating margin rose 22.4 points to 43.1%. Its overall score is unchanged at 30/100 since Oct 28, 2026.

How is Ellomay Capital valued vs its peers?

Priced higher than most peers relative to what it earns. Valuation scores 13/100 against 360 utilities peers. Earnings yield -0.4% vs a peer median of 4.8% (weaker than 100% of peers).Earnings yield -0.4% vs peers 4.8% (weaker than 100% of peers).

Is Ellomay Capital growing?

More slowly than most of its peers. Growth scores 38/100 against 360 utilities peers. Revenue growth 5.8% vs a peer median of 2.5% (stronger than 62% of peers).Revenue growth 5.8% vs peers 2.5% (stronger than 62% of peers). 3-year revenue growth -6.4% vs a peer median of 2.0% (weaker than 83% of peers).3-year revenue growth -6.4% vs peers 2.0% (weaker than 83% of peers).

How profitable is Ellomay Capital?

About as profitable as its peers. Profitability scores 53/100 against 360 utilities peers. Operating margin 43.1% vs a peer median of 18.6% (stronger than 94% of peers).Operating margin 43.1% vs peers 18.6% (stronger than 94% of peers). Return on assets -0.3% vs a peer median of 2.7% (weaker than 94% of peers).Return on assets -0.3% vs peers 2.7% (weaker than 94% of peers).

How risky is Ellomay Capital?

Higher risk relative to 360 utilities peers, judged on debt, liquidity and share-price swings. Current ratio 1.24× vs a peer median of 1.03× (stronger than 66% of peers).Current ratio 1.24× vs peers 1.03× (stronger than 66% of peers). Beta 1.00 vs a peer median of 0.46 (weaker than 93% of peers).Beta 1.00 vs peers 0.46 (weaker than 93% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

41.1M EUR

42.8M EUR

+4.1%

Net income (12 months)

−4.8M EUR

−2.1M EUR

−55.4%

Operating margin

20.7%

43.1%

+22.4 pts

Free cash flow (12 months)

−77.7M EUR

−95.4M EUR

+22.8%

Cash

46.5M EUR

87.6M EUR

+88.4%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Gross margin

28.7%

24.9%

20.4%

11.8%

16.2%

▲ 4.4 pts

Operating margin

10.8%

8.7%

9.3%

22.4%

43.1%

▲ 21 pts

Net margin

-33.8%

-0.7%

4.5%

-16.1%

-5.0%

▲ 11 pts

Return on assets (ROA)

-2.7%

-0.1%

0.4%

-1.0%

-0.3%

▲ 0.7 pts

Return on equity (ROE)

-13.0%

-0.4%

1.9%

-5.5%

-1.5%

▲ 4.0 pts

Free cash flow margin

-142.2%

-67.6%

-102.9%

-160.5%

-222.7%

▼ 62 pts

Current ratio

0.41×

0.71×

1.06×

0.73×

1.24×

▲ 71%

Quick ratio

0.41×

0.70×

1.04×

0.71×

1.23×

▲ 73%

Debt to equity

2.03×

2.86×

0.96×

1.36×

1.52×

▲ 11%

Interest coverage

0.17×

0.43×

0.36×

0.39×

0.70×

▲ 80%