Elco Ltd.

Tel Aviv Stock Exchange ELCO.TA

Elco Ltd. Return on Equity (ROE) for the year ending December 31, 2023: -12.84%

Elco Ltd. Return on Equity (ROE) is -12.84% for the year ending December 31, 2023, a -177.17% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Elco Ltd. Return on Equity (ROE) for the year ending December 31, 2022 was 16.64%, a -37.02% change year over year.
Elco Ltd. Return on Equity (ROE) for the year ending December 31, 2021 was 26.42%, a 48.45% change year over year.
Elco Ltd. Return on Equity (ROE) for the year ending December 31, 2020 was 17.80%, a -7.74% change year over year.
Elco Ltd. Return on Equity (ROE) for the year ending December 31, 2019 was 19.29%.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

Tel Aviv Stock Exchange: ELCO.TA

Elco Ltd.

CEO	Mr. Daniel M. Zalkind
IPO Date	Aug. 12, 2002
Location	Israel
Headquarters	Electra Tower
Employees	15,649
Sector	Industrials
Industries Construction Utility

Description

Elco Ltd. operates in the construction, infrastructure, consumer electronics, telecommunications, entertainment, and real estate sectors in Israel. The company is involved in the development, construction, operation, management, and maintenance of various projects; import, marketing, and sale of air conditioning and electronic home appliances; operation and management of multi-family properties; and content and distribution, leisure, and cinema businesses. It also markets, supplies, and distributes LPG, natural gas, and CNG to private households, as well as industrial, commercial, and transportation sectors. Elco Ltd. was incorporated in 1949 and is based in Tel Aviv-Yafo, Israel. Elco Ltd. is a subsidiary of G. Salkind Ltd.

Key trends

Past 5 years