Company page · Oil and gas

Ratio Energies

TASE : RATIISIN : IL0003940157Headquarters: Tel Aviv-YafoIFRS accounts · in $M

Ratio Energies - Limited Partnership, together with its subsidiaries, explores, develops, produces, and markets natural gas and oil in Israel. Based in Tel Aviv-Yafo.

Price₪4.99+2.9% · session of 12/11/2026

Market cap₪5.6bnprice × number of shares

Next resultsno later than 30/11/2026Quarterly report

1-year price+4.5% over the period

Analysis in brief · H1 2026

Ratio Energies: net income up (+5.0%), sales down (−4.5%), cash flow sharply down (−46.0%).

Net income up
Net income: $62M, vs. $59M a year earlier, i.e. +5.0%.
H1 2026
Sales down
Revenue: $125M, vs. $131M a year earlier, i.e. −4.5%.
H1 2026
Cash flow sharply down
Operating cash flow: $54M, vs. $100M a year earlier, i.e. −46.0%.
H1 2026
Operating income down
Operating income: $83M, vs. $92M a year earlier, i.e. −10.6%.
H1 2026

Built automatically from the published figures.

Valuation

What the market pays, vs. the sector

P/E13.7price / net income over 12 months

P/B3.4market cap / equity

Dividend yield4.6%dividends over the last 12 months / price

12-month range₪4.30 – ₪4.99monthly closes

This company's valuation multiples history is being built day by day from now on.

P/E calculated on net income (trailing 12 months: last fiscal year + H1 2026 − same period a year earlier). Sector median: companies in the group tracked here. Prices: Yahoo Finance; market cap cross-checked with the Tel Aviv Stock Exchange for Israeli stocks. These ratios describe a price, not a value: none of them says whether the share is expensive or cheap.

Dividends

Dividend per share, over 5 years

Total dividends per share paid each calendar year (4 year(s) out of 5 with a payment). Source: Yahoo Finance. The current year is not complete.

Insiders

Trades by executives and interested parties

5 filing(s) over 12 months · on shares: 4 increase(s) and 0 decrease(s) in holdings.

Date	Holder	Security	Direction	Quantity	Price
29/06/2026	Landlan Investments ltd Interested party	Shares	Up	276,019	₪4.35	Maya ›
26/06/2026	Landlan Investments ltd Interested party	Shares	Up	160,000	₪4.29	Maya ›
25/06/2026	Landlan Investments ltd Interested party	Shares	Up	461,544	₪4.31	Maya ›
24/06/2026	Landlan Investments ltd Interested party	Shares	Up	255,688	₪4.34	Maya ›
10/02/2026	Moran Pessis Executive	Options	Up	230,018	—	Maya ›

Filings submitted on Maya (executives, directors, shareholders above 5%). An increase or decrease in holdings may come from a purchase or sale on the exchange, but also from a grant or exercise of options (price "—": grant with no price). Bonds excluded. For details, see the filing on Maya.

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Detailed figures and history

The figures

Financial summary

	S1 2026	S1 2025	FY 2025
Total assets	1,203	1,207	1,194
Current assets	177	236	185
Non-current assets	1,026	970	1,009
Equity	521	472	499
of which minority interests	0	0	0
Current liabilities	85	108	88
Non-current liabilities	597	626	607
Revenue	125	131	277
Gross profit	86	97	198
Operating income	83	92	188
Pre-tax income	78	75	157
Net income	62	59	125
Net income (attributable to shareholders)	62	59	125
Dividends paid	−40	−40	−130
Operating cash flow	54	100	180

In millions of dollars. The "H1" columns cover the first six months of the year.

Ratios

Calculated from these figures

	S1 2026	S1 2025	FY 2025
Gross margin	68.5%	74.0%	71.7%
Operating margin	66.2%	70.7%	67.9%
Net margin	49.5%	45.0%	45.3%
Current ratio (current assets / current liabilities)	2,1 x	2,2 x	2,1 x
Equity / total assets	43.3%	39.2%	41.8%

The 5-year history, charts and cross-check models are coming for companies listed only in Tel Aviv: each new filing on Maya is kept and enriches the page.

Company overview

Ratio Energies - Limited Partnership, together with its subsidiaries, explores, develops, produces, and markets natural gas and oil in Israel. The company operates the Leviathan project located in the Eastern Mediterranean Sea. It also exports its products to Jordan and Egypt. The company was formerly known as Ratio Oil Explorations (1992) Limited Partnership and changed its name to Ratio Energies - Limited Partnership in February 2022. Ratio Energies - Limited Partnership was founded in 1992 and is based in Tel Aviv-Yafo, Israel.

Source: official company profile (Yahoo Finance), summary. Website: ratioenergies.com

Sources

Maya, Tel Aviv Stock Exchange: company page and reports

Information, no recommendation. This site presents figures published by companies and calculations based on those figures. It is not investment advice, nor a recommendation to buy or sell, nor a valuation of the companies. Always check the original reports.