Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Ellomay Capital Ltd. is an energy company operating across Israel, Spain, and the Netherlands, dedicated to producing renewable and clean power. Its assets include six operational photovoltaic (PV) plants: four located in Spain with a cumulative capacity of approximately 7.9 megawatts (MW), a significant 300 MW peak PV facility in Talaván, Spain, and one PV plant in Israel generating around 9 MW. The company also manages an 860 MWp dual-fuel power station situated near Ashkelon, Israel. Currently, Ellomay Capital is engaged in the construction of a 156 MW pumped storage hydroelectric power plant at Manara Cliff, Israel, and is also building another 28 MW PV plant in Talaván, Spain. Additionally, the company is developing anaerobic digestion facilities in the Netherlands, targeting green gas production of about 375 Nm3/h in Goor and approximately 475 Nm3/h in Oude-Tonge. Incorporated in 1987, the company, formerly known as NUR Macroprinters Ltd., adopted the name Ellomay Capital Ltd. in April 2008 and is headquartered in Tel Aviv-Yafo, Israel.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.