ELLOEllomay Capital Ltd.
Is the business good?
The checks split: nothing decisive, though thin cash backing (0.2×).
Operating profit outpaces operating cash flow, watch accruals and working capital. Conversion is worsening vs a year ago.
Margins have held roughly steady, a stable cost structure.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is ELLO?
Ellomay Capital Ltd. keeps 43% of every revenue dollar as operating profit, against 22% for the median Utilities name.
Operating margin · Utilities median 22% · fiscal year to FY2025
- Cash conversion
- 0.17×
Cash conversion · 1.11× a year ago · the operating profit has not turned into cash yet
- Share count, year on year
- +3.0%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 6.2%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2020 | −28% |
| FY2021 | 11% |
| FY2022 | 8.7% |
| FY2023 | 9.3% |
| FY2024 | 22% |
| FY2025 | 43% |
Details›
- Gross marginfiscal year to FY2025
- 16%
- Operating marginfiscal year to FY2025
- 43%
- Net marginfiscal year to FY2025
- −15%
- Free cash flow margin
- −223%
- R&D as % of revenue
- 6.2%
- Revenue, trailing twelve months
- $43M
- Free cash flow, trailing twelve months
- −$95M
- Net income, trailing twelve months
- −$6.4M
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.