Etga GR0UP

Logistics services, financing goods import&non-banking credit

Sector: ServicesMarket cap: NIS 622M
All analyses

Analyses on Etga GR0UP (1)

ETGA 2025: Acquisition-Led Growth, Tighter Equity Cushion

ETGA exits 2025 larger and strategically broader, but the step-up is leaning more on external funding and less on a growing equity cushion.

March 30, 2026
Follow-up dives

Follow-up dives on Etga GR0UP (2)

Follow-up

ETGA: What ETGA Is Really Buying With Yachdav

Yachdav changes ETGA far beyond the first month of consolidation. The deal turns the group into a pro forma logistics platform with nearly NIS 896 million of revenue, but the economics also sit on goodwill, customer relationships, deferred consideration, and a heavier funding st…

March 30, 2026
Follow-up

ETGA: How Strong Is The Credit Book, Really?

ETGA's credit book looks better than a first skeptical read, but its strength rests on collateral values and the ability to roll short-dated bank funding, not only on borrower quality.

March 30, 2026