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Delek Group

DB:6D4A
Snowflake Description

Good value average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6D4A
DB
₪2B
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Delek Group Ltd., an energy company, explores for and produces natural gas in Israel and internationally. The last earnings update was 132 days ago. More info.


Add to Portfolio Compare Print
  • Delek Group has significant price volatility in the past 3 months.
6D4A Share Price and Events
7 Day Returns
75%
DB:6D4A
6.5%
DE Oil and Gas
2.1%
DE Market
1 Year Returns
-74.2%
DB:6D4A
28.1%
DE Oil and Gas
-16.6%
DE Market
6D4A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Delek Group (6D4A) 75% -42.5% -72.5% -74.2% -79.9% -83.4%
DE Oil and Gas 6.5% -7.3% -23.7% 28.1% -18.9% 149.7%
DE Market 2.1% -12.6% -22.9% -16.6% -21.9% -27.8%
1 Year Return vs Industry and Market
  • 6D4A underperformed the Oil and Gas industry which returned 28.1% over the past year.
  • 6D4A underperformed the Market in Germany which returned -16.6% over the past year.
Price Volatility
6D4A
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Delek Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Delek Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Delek Group.

DB:6D4A Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 12.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:6D4A
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.948 (1 + (1- 23%) (1256.56%))
7.109
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 6.33%)
12.27%

Discounted Cash Flow Calculation for DB:6D4A using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Delek Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:6D4A DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (ILS, Millions) Source Present Value
Discounted (@ 12.27%)
2020 5,094.31 Est @ 59.57% 4,537.55
2021 7,212.62 Est @ 41.58% 5,722.23
2022 9,303.58 Est @ 28.99% 6,574.44
2023 11,180.69 Est @ 20.18% 7,037.43
2024 12,746.70 Est @ 14.01% 7,146.27
2025 13,981.53 Est @ 9.69% 6,981.88
2026 14,913.29 Est @ 6.66% 6,633.27
2027 15,591.54 Est @ 4.55% 6,177.02
2028 16,069.67 Est @ 3.07% 5,670.66
2029 16,395.82 Est @ 2.03% 5,153.42
Present value of next 10 years cash flows ₪61,634.00
DB:6D4A DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₪16,395.82 × (1 + -0.39%) ÷ (12.27% – -0.39%)
₪129,003.73
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₪129,003.73 ÷ (1 + 12.27%)10
₪40,547.59
DB:6D4A Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₪61,634.00 + ₪40,547.59
₪102,181.59
Equity Value per Share
(ILS)
= Total value / Shares Outstanding
= ₪102,181.59 / 11.74
₪8703.23
DB:6D4A Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:6D4A represents 0.02544x of TASE:DLEKG
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.02544x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (ILS) x Listing Adjustment Factor
= ₪ 8,703.23 x 0.02544
€221.40
Value per share (EUR) From above. €221.40
Current discount Discount to share price of €4.20
= -1 x (€4.20 - €221.40) / €221.40
98.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Delek Group is available for.
Intrinsic value
>50%
Share price is €4.2 vs Future cash flow value of €221.4
Current Discount Checks
For Delek Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Delek Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Delek Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Delek Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Delek Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:6D4A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in ILS ₪16.35
TASE:DLEKG Share Price ** TASE (2020-04-07) in ILS ₪165.1
Europe Oil and Gas Industry PE Ratio Median Figure of 104 Publicly-Listed Oil and Gas Companies 6.51x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 16.83x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Delek Group.

DB:6D4A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TASE:DLEKG Share Price ÷ EPS (both in ILS)

= 165.1 ÷ 16.35

10.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Delek Group is overvalued based on earnings compared to the Europe Oil and Gas industry average.
  • Delek Group is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Delek Group's expected growth come at a high price?
Raw Data
DB:6D4A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 66 Publicly-Listed Oil and Gas Companies 0.32x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Delek Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Delek Group's assets?
Raw Data
DB:6D4A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in ILS ₪408.89
TASE:DLEKG Share Price * TASE (2020-04-07) in ILS ₪165.1
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1x
Germany Market PB Ratio Median Figure of 573 Publicly-Listed Companies 1.45x
DB:6D4A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TASE:DLEKG Share Price ÷ Book Value per Share (both in ILS)

= 165.1 ÷ 408.89

0.4x

* Primary Listing of Delek Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Delek Group is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Delek Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Delek Group has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Delek Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
28.9%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Delek Group expected to grow at an attractive rate?
  • Delek Group's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Delek Group's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Delek Group's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:6D4A Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:6D4A Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 0 Analysts 28.9%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 1.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:6D4A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in ILS Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:6D4A Future Estimates Data
Date (Data in ILS Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31
2020-12-31
2020-04-07
2019-12-31
DB:6D4A Past Financials Data
Date (Data in ILS Millions) Revenue Cash Flow Net Income *
2019-09-30 8,105 3,646 191
2019-06-30 8,361 4,551 64
2019-03-31 8,332 2,951 15
2018-12-31 8,128 -136 -48
2018-09-30 8,015 381 -419
2018-06-30 7,530 -1,611 322
2018-03-31 7,074 734 463
2017-12-31 6,835 1,221 290
2017-09-30 6,435 1,215 831
2017-06-30 6,212 1,650 147
2017-03-31 6,031 1,368 115
2016-12-31 5,778 1,574 282

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Delek Group's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Delek Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:6D4A Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Delek Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6D4A Future Estimates Data
Date (Data in ILS Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 60.46 60.46 60.46 1.00
2020-12-31 54.84 54.84 54.84 1.00
2020-04-07
2019-12-31 55.56 55.56 55.56 1.00
DB:6D4A Past Financials Data
Date (Data in ILS Millions) EPS *
2019-09-30 16.35
2019-06-30 5.54
2019-03-31 1.31
2018-12-31 -4.26
2018-09-30 -37.55
2018-06-30 28.77
2018-03-31 41.30
2017-12-31 25.83
2017-09-30 74.00
2017-06-30 13.16
2017-03-31 10.27
2016-12-31 25.14

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Delek Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Delek Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Delek Group has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Delek Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Delek Group's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Delek Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Delek Group has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Delek Group has become profitable in the last year making it difficult to compare the Europe Oil and Gas industry average.
Earnings and Revenue History
Delek Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Delek Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6D4A Past Revenue, Cash Flow and Net Income Data
Date (Data in ILS Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 8,105.00 191.00 701.00
2019-06-30 8,361.00 64.00 711.00
2019-03-31 8,332.00 15.00 713.00
2018-12-31 8,128.00 -48.00 729.00
2018-09-30 8,015.00 -419.00 721.00
2018-06-30 7,530.00 322.00 749.00
2018-03-31 7,074.00 463.00 749.00
2017-12-31 6,835.00 290.00 755.00
2017-09-30 6,435.00 831.00 765.00
2017-06-30 6,212.00 147.00 758.00
2017-03-31 6,031.00 115.00 756.00
2016-12-31 5,778.00 282.00 749.00
2016-09-30 5,712.00 8.00 743.00
2016-06-30 5,860.00 -284.00 730.00
2016-03-31 6,100.00 -344.00 739.00
2015-12-31 6,356.00 -229.00 737.00
2015-09-30 6,868.00 -403.00 731.00
2015-06-30 7,207.00 -65.00 752.00
2015-03-31 7,454.00 -88.00 755.00
2014-12-31 7,831.00 -365.00 765.00
2014-09-30 11,393.00 -303.00 209.00
2014-06-30 14,948.00 -286.00 745.00
2014-03-31 17,582.00 -374.00 1,316.00
2013-12-31 8,261.00 -921.00 769.00
2013-09-30 25,049.00 -283.00 1,162.00
2013-06-30 29,388.00 -465.00 1,745.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Delek Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Delek Group used its assets less efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • Delek Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Delek Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Delek Group has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Delek Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Delek Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Delek Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Delek Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Delek Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Delek Group Company Filings, last reported 6 months ago.

DB:6D4A Past Debt and Equity Data
Date (Data in ILS Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 11,727.00 23,354.00 1,471.00
2019-06-30 12,175.00 22,755.00 1,739.00
2019-03-31 12,176.00 21,885.00 2,323.00
2018-12-31 12,270.00 22,494.00 2,123.00
2018-09-30 12,447.00 20,861.00 3,219.00
2018-06-30 11,956.00 21,814.00 3,807.00
2018-03-31 11,487.00 20,937.00 3,198.00
2017-12-31 10,735.00 20,231.00 2,471.00
2017-09-30 11,467.00 20,314.00 2,991.00
2017-06-30 10,041.00 20,872.00 2,201.00
2017-03-31 10,631.00 18,250.00 4,207.00
2016-12-31 11,277.00 17,884.00 3,664.00
2016-09-30 10,581.00 17,942.00 3,857.00
2016-06-30 10,554.00 17,552.00 2,694.00
2016-03-31 10,265.00 17,539.00 2,703.00
2015-12-31 10,652.00 18,050.00 2,631.00
2015-09-30 10,634.00 17,516.00 3,330.00
2015-06-30 10,690.00 17,297.00 3,786.00
2015-03-31 11,494.00 20,955.00 5,927.00
2014-12-31 11,228.00 20,719.00 4,931.00
2014-09-30 10,960.00 21,930.00 7,096.00
2014-06-30 10,079.00 21,186.00 4,821.00
2014-03-31 10,783.00 22,770.00 3,607.00
2013-12-31 10,905.00 24,979.00 3,136.00
2013-09-30 10,631.00 25,968.00 4,136.00
2013-06-30 10,721.00 25,870.00 4,055.00
  • Delek Group's level of debt (199.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (199.9% vs 199.1% today).
  • Debt is not well covered by operating cash flow (15.6%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Delek Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Delek Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Delek Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
25.78%
Current annual income from Delek Group dividends.
If you bought €2,000 of Delek Group shares you are expected to receive €516 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Delek Group's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.67%).
  • Delek Group's dividend is above the markets top 25% of dividend payers in Germany (4.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:6D4A Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 8.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 314 Stocks 3.7%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:6D4A Future Dividends Estimate Data
Date (Data in ₪) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-04-07
2019-12-31
DB:6D4A Past Annualized Dividends Data
Date (Data in ₪) Dividend per share (annual) Avg. Yield (%)
2019-03-31 42.558 11.286
2018-05-31 58.413 9.932
2018-03-28 58.413 10.443
2017-03-30 46.731 7.161
2016-03-31 38.018 4.913
2015-11-26 26.703 3.860
2015-04-01 38.328 3.692
2015-03-30 38.328 3.695
2014-08-31 51.104 4.598
2014-08-28 51.104 3.931
2014-03-31 46.283 3.324
2013-03-24 32.075 2.855
2013-03-21 32.075 3.167
2012-11-29 22.852 2.505
2012-08-29 28.126 4.050
2012-06-03 0.000 0.000
2012-05-31 0.000 0.000
2012-04-01 37.355 5.205
2011-03-31 93.169 12.947
2010-03-28 40.510 4.571
2009-07-15 37.000 5.295
2009-06-30 37.000 7.306
2009-04-16 25.200 5.701

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Delek Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Delek Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Delek Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Delek Group has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Delek Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Idan Wallace
AGE 42
TENURE AS CEO 0.3 years
CEO Bio

Advocate Idan Wallace is a Director of Delek Drilling Management (1993) Ltd. General Partner of Delek Drilling - Limited Partnership since January 2020. Adv. Wallace has been Chief Executive Officer at Delek Group Ltd., since January 2020 and served as its Deputy Chief Executive Officer since October 22, 2015 until January 2020 and its Executive Vice President since September 1, 2015 until January 2020. Adv. Wallace serves as the Chief Executive Officer of Tshuva Group, a group of private companies. Since 2010, he has been a Strategic Advisor to the Chief Executive Officer's of Delek Energy, Delek Drilling and Avner Oil Exploration. Adv. Wallace expertise in the fields of capital markets, M&A and cross-border transactions. He serves as a Director of Delek Energy Systems Ltd. He also serves as a Director in a number of leading companies in the Energy, Real Estate and Media sectors. Adv. Wallace holds a Bachelor of Law (LLB) from Tel Aviv University.

CEO Compensation
  • Insufficient data for Idan to compare compensation growth.
  • Insufficient data for Idan to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Delek Group management team in years:

12.3
Average Tenure
44
Average Age
  • The average tenure for the Delek Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Barak Mashraki

TITLE
CFO & Deputy CEO
COMPENSATION
₪3M
AGE
46
TENURE
12.3 yrs

Yitzhak Oz

TITLE
Co-Chief Executive Officer of Agam Leaders (Israel) Insurance Agency (2003) Ltd
COMPENSATION
₪10M
AGE
54

Moni Feller

TITLE
Co-Chief Executive Officer of The Phoenix Capital Ltd
COMPENSATION
₪5M

Stu Schapiro

TITLE
Co-Chief Executive Officer of The Phoenix Capital Ltd
COMPENSATION
₪5M

Yossi Abu

TITLE
Chief Executive Officer of Delek Drilling Management (1993) Ltd
COMPENSATION
₪5M
AGE
42
TENURE
9 yrs

Ran Givon

TITLE
Chief Executive Officer of Cohen Givon Insurance Agency (1994) Ltd
COMPENSATION
₪5M

Idan Wallace

TITLE
Chief Executive Officer
AGE
42
TENURE
0.3 yrs

Tamar Rosenberg

TITLE
Chief Accountant
AGE
41
TENURE
13.4 yrs

Yonah Weisz

TITLE
Head of Investor Relations

Leora Levin

TITLE
Chief Legal Counsel
COMPENSATION
₪2M
AGE
57
TENURE
13 yrs
Board of Directors Tenure

Average tenure and age of the Delek Group board of directors in years:

6.4
Average Tenure
64.5
Average Age
  • The tenure for the Delek Group board of directors is about average.
Board of Directors

Gabi Last

TITLE
Chairman
COMPENSATION
₪3M
AGE
73
TENURE
17.3 yrs

Nisan Ehood

TITLE
Chairman of Delek The Israel Fuel Corporation Ltd
AGE
52
TENURE
7.3 yrs

Judith Zeidenberg

TITLE
External Director
AGE
51
TENURE
4.8 yrs

Avi Harel

TITLE
Director
COMPENSATION
₪764K
AGE
71
TENURE
13.9 yrs

Carmit Elroi

TITLE
Director
COMPENSATION
₪314K
AGE
52
TENURE
7.4 yrs

Isaac Teshuva

TITLE
Director
COMPENSATION
₪28K
AGE
71
TENURE
5.6 yrs

Roni Milo

TITLE
Independent Director
COMPENSATION
₪215K
AGE
70
TENURE
5 yrs

Shimon Doron

TITLE
External Director
AGE
59
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Delek Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Delek Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Delek Group Ltd., an energy company, explores for and produces natural gas in Israel and internationally. It holds interests in Tamar, Leviathan, and Aphrodite projects in the Mediterranean. The company also operates gas stations with on-site convenience stores; and provides fuel storage and distribution services in Israel. In addition, it imports, markets, and sells Mazda, Ford, and BMW vehicles, as well as accessories and spare parts in Israel. Further, the company provides fuel products and other services, such as white products, such as gasoline, diesel fuel, LPG, kerosene, and jet fuel; black products comprising fuel oil and bitumen; and industrial products, such as engine oils, lubricants, greases, fuel oil, and fuel products to institutional and business customers, and other entities. Additionally, it offers services, such as restaurants, cafes, car wash services, etc.; ship services and retail products; and markets crystalline fructose for the food and beverage industry, as well as citric acid and citric acid salts primarily for the food, pharmaceuticals, and detergent industries. The company also engages in the design, construction, supervision, operation, and sale of water desalination facilities; design and supply of industrial evaporators, and industrial and municipal wastewater treatment systems, brine treatment, mine cooling systems, thermal energy storage systems, and snowmaking machines; and construction and operation of power plants. In addition, it engages in the construction and operation of EPC and turnkey desalination plants; and initiation, construction, and operation of sea water desalination facilities and projects using the build, operate, transfer method. Delek Group Ltd. was founded in 1951 and is headquartered in Herzliya, Israel.

Details
Name: Delek Group Ltd.
6D4A
Exchange: DB
Founded: 1951
₪499,031,716
11,740,656
Website: http://www.delek-group.com
Address: Delek Group Ltd.
19 Abba Eban Boulevard,
P O Box 2054,
Herzliya,
4612001,
Israel
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TASE DLEKG Ordinary Shares The Tel-Aviv Stock Exchange IL ILS 19. Oct 1994
OTCPK DLKG.F Ordinary Shares Pink Sheets LLC US USD 19. Oct 1994
OTCPK DGRL.Y SPON ADR EA REP 1/10 ORD SHS Pink Sheets LLC US USD 13. Oct 2008
DB 6D4A SPON ADR EA REP 1/10 ORD SHS Deutsche Boerse AG DE EUR 13. Oct 2008
Number of employees
Current staff
Staff numbers
0
Delek Group employees.
Industry
Integrated Oil and Gas
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 22:12
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/02/20
Last earnings filing: 2019/11/27
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.