Supergas Power

Distributor of cooking & natural gas.

Sector: EnergyMarket cap: NIS 417M
All analyses

Analyses on Supergas Power (1)

Supergas Power 2025: Electricity Is Growing Fast, but LPG Still Funds the Transition

In 2025 Supergas Power became a genuinely diversified energy company, but the electricity engine still depends on LPG and natural gas to fund the transition. Growth is real, capital freedom is not.

March 26, 2026
Follow-up dives

Follow-up dives on Supergas Power (3)

Follow-up

Supergas Power: Buybacks, Current Debt, and the Real Liquidity Buffer

Supergas Power ended 2025 with stronger operating cash flow and lower net financial debt, but its real liquidity buffer remained limited because the working-capital deficit widened to NIS 115.7 million and current liabilities reached NIS 525.5 million. In that context, the bond-…

March 26, 2026
Follow-up

Supergas Power: How Thin Is the LPG Goodwill Cushion

The LPG impairment test still supports keeping goodwill on the books at year-end 2025, but only with ILS 59.1 million of headroom above a carrying amount of ILS 829 million against goodwill of ILS 243 million, which makes the cushion far thinner than the headline of no impairmen…

March 26, 2026
Follow-up

Supergas Power: Electricity-Supply Economics After the 55 MW Win

Supergas Power’s electricity-supply segment has already proved scale, but it has not yet proved full profit economics: 2025 ended with ILS 380.3 million of revenue, a gross loss of ILS 0.6 million, negative EBITDA of ILS 15 million, and an operating loss of ILS 16.6 million, so…

March 26, 2026