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ASHDOD REFINERY LTD (ARF) Stock Price & Analysis
ARF Stock Chart & Stats
- Day’s Range
- ILA 13,720.00 - ILA 14,420.00
- 52-Week Range
- ILA 5,224.00 - ILA 16,200.00
- Previous Close
- ILA 14,070.00
- Volume
- 34.74K
- Average Volume (3M)
- 35.58K
- Market Cap
- ILS 1.77B
- Enterprise Value
- ILS 1.15B
- Total Cash (Recent Filing)
- ILS 330.77M
- Total Debt (Recent Filing)
- ILS 292.03M
- Price to Earnings (P/E)
- 18.3
- Beta
- 0.74
- Next Earnings
- N/A
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Feb 14, 2024
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Strong Free Cash Flow
Recent operating and free cash flow provide meaningful internal funding and improve financial flexibility. If sustained, this cash generation can support investment, debt management, and resilience through refining-cycle volatility without relying as heavily on external capital.
Improved Leverage
The improvement in leverage reduces balance-sheet pressure compared with the 2022 position and gives the company a more supportable capital structure. Relatively stable recent equity also provides a stronger base for navigating weaker profitability and funding ongoing operations.
Recent Revenue Growth
TTM revenue growth indicates that the business maintained top-line expansion despite the cyclical nature of refining. Continued revenue development can improve operating scale and market presence, although its lasting benefit depends on restoring more consistent profitability and margins.
Bears Say
Negative Core Profitability
Negative gross profit and EBITDA indicate that current operations are not consistently covering core costs before financing and other items. This weakens earnings quality, reduces margin visibility, and makes future results more exposed to refining spreads, costs, and operating volatility.
Highly Volatile Earnings
The sharp changes in profitability across recent years make earnings power difficult to assess and reduce confidence in recurring returns. Such volatility can constrain planning, complicate capital allocation, and leave the company vulnerable if weak conditions persist for several quarters.
Inconsistent Cash Conversion
Although recent free cash flow is strong, inconsistent conversion from accounting earnings suggests that reported profits have not always translated reliably into cash. That limits the durability of cash-based financial strength and warrants monitoring of working capital and earnings quality over time.
ARF FAQ
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Company Description
ASHDOD REFINERY LTD
Ashdod Refinery Ltd is an energy firm engaged in oil refining activities across Israel and global markets. The company's core operations involve processing, importing, and exporting crude oil and intermediary substances for petroleum distillates. Additionally, it generates and sells electricity. Its offerings extend to fuel storage and distribution solutions, alongside a comprehensive range of products such as light gases, LPG, gasoline, naphtha, diesel fuel, kerosene, fuel oil, and other petroleum-derived goods. Founded in 1973 and based in Ashdod, Israel, the company was formerly known as Paz Ashdod Refinery Ltd, before rebranding to Ashdod Refinery Ltd in September 2023.
- Sector
- General
- Industry
- Oil & Gas Refining & Marketing
- CEO
- Yitzhak Bardugo
- Employees
- 443
- Website
- arf.co.il
- Address
- Hanet 1, Ashdod, HD, 7752169, IL
ASHDOD REFINERY LTD (ARF) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 10 | 6 | 6 |
| Technical Analysis | 2 | 6 | 2 |
| Moving Averages | 8 | 0 | 4 |
