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NewMed Energy - Limited Partnership (NWMD) Fair Value & Analysis

Energy · Il · Market cap 19.3B ILA

NE NewMed Energy - Limited Partnership NWMD · TA
Price17.04 ILA
Fair Value10.77 ILA
Upside-36.8%
Quality57/100
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Strengths

Highly profitable · 29.8% net margin
Moderate debt · generates free cash flow

Risks

!Trades 37% ABOVE our fair value of 10.77 ILA
!Expensive Growth
!Trails peers (4/14)
!Moderate moat 54/100
Expensive Growth
Highly profitable · 29.8% net margin
Moderate debt · generates free cash flow
Trails peers (4/14)
Moderate moat 54/100
Evidence: High Range 6.94 ILA – 17.19 ILA Share as image

Fair value as of: Aug 20, 2026

From 26 valuation models · updated yesterday

Fair value updated Aug 20, 2026, revised from 3.03 ILA to 10.77 ILA (+255.4%) since Aug 13, 2026. Share price +4.3% over the past month.

A solid business, but screening 37% overvalued on our models.

What matters now

  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (6.94 ILA to 17.19 ILA) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

21.97 ILA 3.33 ILA Fair Value 10.77 ILA Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range 3.33 ILA – 21.97 ILA · fair‑value band 6.94 ILA – 17.19 ILA · the 17.04 ILA price screens above the 10.77 ILA fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 20, 2026.

Full chart & analysis →

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Analysis

NewMed Energy - Limited Partnership (NWMD) currently trades at 17.04 ILA, while our model-based Fair Value estimate is 10.77 ILA, implying the stock looks roughly 36.8% overvalued today. The Quality Score stands at 57/100 (solid 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, NewMed Energy - Limited Partnership generated revenue of 762M ILA at a net margin of 29.8%. Revenue declined 42.6% year over year. It earns a return on equity of 13.2%. Net debt stands at 1.0B ILA. Fundamentals as of Aug 20, 2026

Our scenario range runs from 6.94 ILA (bear case) to 17.19 ILA (bull case); at 17.04 ILA, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Energy peers we cover trades at -33% fair-value upside, at -37%, NWMD screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 2.59 ILA 6.55 ILA 13.07 ILA 80
Residual Income 2.01 ILA 2.46 ILA 6.49 ILA 76
Rev-Margin DCF 0.5200 ILA 1.43 ILA 2.73 ILA 74
All 26 models by family
DCF Models
FCF DCF 2.72 ILA 5.78 ILA 13.76 ILA 38
Owner Earnings 2.96 ILA 7.45 ILA 16.31 ILA 31
5Y Revenue Exit 0.5200 ILA 1.41 ILA 2.61 ILA 39
5Y EBITDA Exit 2.00 ILA 4.77 ILA 8.51 ILA 41
5Y P/E Exit 2.28 ILA 5.41 ILA 9.27 ILA 38
10Y Revenue Exit 1.15 ILA 2.35 ILA 4.03 ILA 36
10Y EBITDA Exit 2.21 ILA 4.96 ILA 9.59 ILA 37
10Y P/E Exit 2.40 ILA 5.44 ILA 10.30 ILA 35
Earnings-Based
Graham-Dodd 2.15 ILA 13.32 ILA 18.59 ILA 54
Lynch FV 3.83 ILA 5.47 ILA 7.11 ILA 50
PEG = 1.0 3.83 ILA 5.47 ILA 7.11 ILA 46
EPV 2.43 ILA 3.02 ILA 3.53 ILA 59
Dividend Discount
Gordon GGM 2.03 ILA 4.23 ILA 6.71 ILA 70
DDM Multi-Stage 2.03 ILA 3.57 ILA 4.44 ILA 61
Multiples
P/E Multiple 3.32 ILA 4.43 ILA 5.54 ILA 63
P/S Multiple 0.7200 ILA 0.9600 ILA 1.20 ILA 58
P/B Multiple 2.18 ILA 2.90 ILA 3.63 ILA 55
EV/EBIT 2.52 ILA 3.73 ILA 4.93 ILA 53
EV/EBITDA 1.82 ILA 2.79 ILA 3.77 ILA 54
EV/Revenue 0.1500 ILA 43
Asset-Based
NCAV (Graham) 0.8100 ILA 1.08 ILA 1.61 ILA 50
Growth DCF
Growth DCF 2.59 ILA 6.55 ILA 13.07 ILA 80
Rev-Margin DCF 0.5200 ILA 1.43 ILA 2.73 ILA 74
Economic Profit
Residual Income 2.01 ILA 2.46 ILA 6.49 ILA 76
ROIC Compounder 2.97 ILA 4.91 ILA 6.61 ILA 72
Growth Earnings
Growth-Adj P/E 4.65 ILA 6.65 ILA 8.64 ILA 68

Widest divergence: Growth Earnings (6.65 ILA) versus Asset-Based (1.08 ILA). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 762M ILA
Revenue growth (YoY) -42.6%
Net margin 29.8%
Return on equity 13.2%
Free cash flow 305M ILA FY2025
P/E ratio 27.9
More key figures
Operating margin 3.3%
EPS (TTM) 0.6100 ILA
Dividend yield 0.0%
EPS growth (YoY) -99.9%
Net debt 1.0B ILA FY2025

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 58 · Market factors (momentum, volatility) 51

Profitability 53
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 75
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 44
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 43
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

NewMed Energy - Limited Partnership exploration, development, production, and marketing of natural gas, condensate, and oil in Israel, Jordan and Egypt.

Full company description

NewMed Energy - Limited Partnership exploration, development, production, and marketing of natural gas, condensate, and oil in Israel, Jordan and Egypt. The company holds interests in the Leviathan project, which covers an area of 500 square kilometer (km2) located to the west of the shores of Haifa; the Block 12 that covers an area of approximately 386 km2 located in Cyprus; and the Yam Tethys project, located to the west of the shores of Ashkelon. It also holds interests in the Boujdour Atlantique exploration license that covers an area of approximately 33,815 km2 located in the south of the Moroccan exclusive economic zone; and the Tanin and Karish leases covering an area of approximately 500km2 located to the west of the shores of Nahariya. The company serves independent power producers, marketing companies, and industrial customers, as well as exports natural gas to Jordan and in Egypt. The company was formerly known as Delek Drilling - Limited Partnership and changed its name to NewMed Energy - Limited Partnership in February 2022. NewMed Energy - Limited Partnership was incorporated in 1993 and is based in Herzliya, Israel.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NewMed Energy - Limited Partnership reported revenue of 938M ILA in FY2025 versus 883M ILA in FY2021, a compound +1.5%/yr. Reported net income was 371M ILA in FY2025, compounding −2.1%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
938M ILS
Latest YoY
−17.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−6.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+9.8%
Avg. growth/yr (21Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+18.4%
Revenue +1.5%/yr
FY21 883M ILA
FY22 1.1B ILA
FY23 935M ILA
FY24 1.1B ILA
FY25 938M ILA
Net income −2.1%/yr
FY21 405M ILA
FY22 470M ILA
FY23 434M ILA
FY24 525M ILA
FY25 371M ILA
Character of growth · EPS growth decomposed (2014-2025) +10.8 % p.a.
Revenue per share +11.1 pp

of which total revenue +16.7 pp · buybacks/dilution −5.6 pp

EBIT margin +2.3 pp
Tax rate −2.9 pp
Residual (interest, one-offs) +0.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

NWMD screens 37% overvalued. Compare with CNOOC Limited →

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Cite: Fair Value Calculator (2026). "NewMed Energy - Limited Partnership Fair Value". https://www.fairvalue-calculator.com/stock/NWMD

Peer Group

Oil & Gas E&P · 329 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 57 · Top 25%
Fair Value upside −37% · Below median
Return on equity (TTM) 13% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 30% · Top 25%
Operating margin (TTM) 3% · Below median
Revenue growth -43% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.74× · Higher than 75% of peers

Valuation Multiples vs Oil & Gas E&P median · lower = cheaper

P/E (TTM) 27.9× · Pricier than 75% of peers
P/B 3.40× · Pricier than 75% of peers
P/S (TTM) 8.43× · Pricier than 75% of peers
P/FCF 21.1× · Pricier than 75% of peers
EV/EBITDA 13.1× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 13
FUTURE0 · sector 0
PAST53 · sector 0
HEALTH63 · sector 87
DIVIDEND0 · sector 58

VALUE 0: the price sits above our fair-value range.

Insider activity: 45/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

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Occidental Petroleum Corporation OXY $58.55 $30.06 -49%
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Devon Energy Corporation DVN $44.86 $27.06 -40%
Woodside Energy Group WDS A$32.55 A$20.71 -36%
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Frequently asked questions

Is NewMed Energy - Limited Partnership (NWMD) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of 10.77 ILA versus a price of 17.04 ILA, about −37% (overvalued).
What is the fair value of NWMD?
Our model-based fair value for NewMed Energy - Limited Partnership is 10.77 ILA (as of Aug 20, 2026), built from audited fundamentals. The current price: 17.04 ILA.
What is the quality score of NWMD?
NewMed Energy - Limited Partnership has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of NewMed Energy - Limited Partnership (NWMD)?
NewMed Energy - Limited Partnership reported trailing-twelve-month revenue of about 762M ILS (latest available figure, as of Aug 20, 2026).
What is the net profit margin of NWMD?
The net profit margin of NewMed Energy - Limited Partnership is about 29.8%, meaning it keeps roughly 29.8% of revenue as net income. Based on the latest reported figures.
Does NewMed Energy - Limited Partnership pay a dividend?
NewMed Energy - Limited Partnership currently shows a dividend yield of about 0.01% relative to its recent price (as of Aug 20, 2026).

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.

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