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Ashdod Refinery Ltd (ARF) Fair Value & Analysis

Energy · Il · Market cap 1.2B ILA

AR Ashdod Refinery Ltd ARF · TA
Price90.27 ILA
Fair Value75.88 ILA
Upside-15.9%
Quality95/100
Evidence: High Range 53.09 ILA – 98.66 ILA

Fair value as of: Jun 26, 2026

From 24 valuation models · updated 3 days ago

Share price −2.1% over the past month.

Price vs Fair Value (12 months)

100.20 ILA 47.28 ILA Fair Value 75.88 ILA Jul 2025 Jun 2026

12‑month range 47.28 ILA – 100.20 ILA · fair‑value band 53.09 ILA – 98.66 ILA · the 90.27 ILA price screens above the 75.88 ILA fair value. As of Jun 26, 2026.

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Analysis

Ashdod Refinery Ltd (ARF) currently trades at 90.27 ILA, while our model-based Fair Value estimate is 75.88 ILA — implying the stock looks roughly 15.9% overvalued today. We read business quality at 95/100 (high quality), in the Energy sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Ashdod Refinery Ltd generated revenue of 3.0B ILA at a net margin of -1.5%. Revenue declined 6.4% year over year. It earns a return on equity of -10.1%. Net debt stands at 1.0M ILA. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 3.0B ILA
Revenue growth (YoY) -6.4%
Net margin -1.5%
Return on equity -10.1%
Free cash flow 104M ILA FY2025
Operating margin -5.9%
More key figures
EPS (TTM) -10.71 ILA
EPS growth (YoY) +50.0%
Net debt 1.0M ILA FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Ashdod Refinery Ltd engages in the oil refining business in Israel and internationally. The company refines, exports, and imports crude oil and intermediate materials for petroleum distillates; and produces and sells electricity. It also provides fuel storage and distribution services, and light gases, LPG, gasoline and naphtha, diesel fuel, kerosene, fuel oil, and other products. The company was formerly known as Paz Ashdod Refinery Ltd. and changed its name to Ashdod Refinery Ltd in September 2023. Ashdod Refinery Ltd was founded in 1973 and is based in Ashdod, Israel.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ashdod Refinery Ltd reported revenue of 3.0B ILA in FY2025 versus 2.6B ILA in FY2021, a compound +3.7%/yr. Reported net income was 3.0M ILA in FY2025.

Revenue +3.7%/yr
FY21 2.6B ILA
FY22 14.7B ILA
FY23 13.6B ILA
FY24 3.3B ILA
FY25 3.0B ILA
Net income
FY21 −30.0M ILA
FY22 50.7M ILA
FY23 118M ILA
FY24 −34.5M ILA
FY25 3.0M ILA

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Similar stocks

6 more Oil & Gas Refining & Marketing stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Reliance Industries Limited RELIANCE ₹1,291 ₹812.28 -37%
Marathon Petroleum Corporation MPC $262.01 $129.07 -51%
Valero Energy Corporation VLO $255.82 $114.28 -55%
Phillips 66 PSX $183.08 $50.63 -72%
Neste Oyj NESTE €28.13 €6.38 -77%
ENEOS Holdings JXHLY $15.31 $17.72 +16%

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Frequently asked questions

Is Ashdod Refinery Ltd (ARF) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 75.88 ILA versus a price of 90.27 ILA — about −16% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ARF?
Our 21-model fair value for Ashdod Refinery Ltd is 75.88 ILA (as of Jun 26, 2026), built from audited fundamentals. The current price is 90.27 ILA.
What is the quality score of ARF?
Ashdod Refinery Ltd has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Ashdod Refinery Ltd (ARF)?
Ashdod Refinery Ltd reported trailing-twelve-month revenue of about 3.0B ILS (latest available figure, as of Jun 26, 2026).
What is the net profit margin of ARF?
The net profit margin of Ashdod Refinery Ltd is about -1.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.