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Bezeq The Israel Telecommunication Corp. Ltd BEZQ.TA

IL · Tel Aviv Stock Exchange · XTAE · stock · Communication Services · website

Bezeq The Israel Telecommunication Corp. Ltd statistics & valuation

Market cap₪21.1B
P / E14.9×
P / S2.4×
P / B7.1×
P / FCF13.3×
Dividend yield4.62%
Net margin16.3%
Return on equity48.0%
FCF margin18.2%
Net debt₪9.1B
Enterprise value USD$10.2B
Earnings yield EBIT/EV7.6%
Return on capital19.2%
Graham number -99.5%₪3.51

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₪3.51); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
11.10% 13.10% 12.10% 16.30% 2022202320242025
Gross margin (%)
83.00% 82.60% 83.80% 85.90% 2022202320242025
Operating margin (%)
20.10% 20.30% 20.70% 26.20% 2022202320242025
Return on equity (%)
61.60% 54.10% 42.80% 48.00% 2022202320242025
Shares outstanding
2.76B 2.76B 2.76B 2.76B 2022202320242025
Net debt (₪)
₪8.44B ₪8.44B ₪8.83B ₪9.12B 2022202320242025
Share buybacks (₪)
2022202320242025
Return on assets (%)
7.50% 8.60% 7.10% 8.90% 2022202320242025
Free cash flow margin (%)
20.10% 19.20% 19.10% 18.20% 2022202320242025
Debt / equity (×)
5.66× 4.10× 3.84× 3.31× 2022202320242025
EPS (₪)
₪0.36 ₪0.43 ₪0.39 ₪0.51 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Bezeq The Israel Telecommunication Corp. Ltd trades at about 1501.6× earnings — near its 10-year norm (10-year range 1125.1×–1584.7×, median 1565.3×).

1125.1× 1584.7×

Shaded band = 10-year range (1125.1×–1584.7×); dot = today's 1501.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin85.9%83.8%82.6%83.0%
Operating margin26.2%20.7%20.3%20.1%
Net margin16.3%12.1%13.1%11.1%
FCF margin18.2%19.1%19.2%20.1%
Return on assets8.9%7.1%8.6%7.5%
Return on equity48.0%42.8%54.1%61.6%
Debt / equity2.31×2.61×2.68×3.91×
Current ratio1.141.120.950.98

Computed from company filings · IL · as of 2025-12-31. Figures in ILS. Facts plus Stocktoria's own computed scores — not investment advice.