ICL Israel Chemicals Ltd logo

ICL Israel Chemicals Ltd(ICL)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
1-STAR RATING
Consider higher Upturn Star rating
BUY for 24 days
PROFIT SINCE LAST BUY
-0.92%
LAST CLOSE
$5.36
09/18/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for ICL

09/18/2026: ICL (1-star) has a low Upturn Star Rating. Not recommended to BUY.

ICL Israel Chemicals Ltd is a global manufacturer of mineral-based products, focusing on fertilizers, bromine, and specialty phosphates for agriculture and industry. The company is known for its unique, low-cost access to Dead Sea mineral resources, which supports a vertically integrated business model. Its primary investment story centers on leveraging these minerals into high-margin specialty chemicals, while expanding into precision agriculture and battery solutions. Key risks include exposure to volatile commodity price cycles, geopolitical tensions in its home region, and reliance on global agricultural demand. The stock may suit dividend-focused investors seeking exposure to the commodities sector while monitoring the company’s success in growing its specialty portfolio.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth is largely tied to agricultural cycles and demand for mineral-based solutions.
Momentum investorMixed fitStock performance depends on commodity pricing trends which are often volatile.
Value investorStrong fitTrading multiples often reflect cyclical commodity risks rather than specialty value.
Dividend investorStrong fitICL historically provides consistent dividend payouts supported by its mineral business.
Low-risk investorWeak fitExposure to geopolitical and commodity price risks increases volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighMineral and chemical prices fluctuate significantly based on global demand.
Valuation riskMediumMarket sentiment shifts quickly between commodity cycles.
Competition risk (commodity and specialty)Medium / highGlobal players with scale compete directly in key product segments.
Business qualityMediumThe business relies on finite mineral resources and capital-intensive assets.
Dividend incomeMediumDividends can fluctuate as they are often tied to earnings performance.
Execution riskMediumSuccessfully integrating acquisitions and scaling specialty chemical R&D is complex.

Price Behavior

Steady Uptrend
PRICE PATH

Steady Uptrend

The stock demonstrates consistent and steady upward price momentum.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit -10.93%
Avg. Invested days 37
Today’s Advisory Consider higher Upturn Star rating
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Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/18/2026

Upturn Scorecard

Upturn Star Rating

ICL receives a 3-star rating, supported by available scored pillars. The rating is constrained by soft unit economics, soft analyst coverage, and weak price momentum.

Company Fundamentals

ICL has moderate overall fundamentals (3 stars), with moderate financial health, soft growth momentum, and solid ownership. In FY2025 versus FY2024, growth and ownership metrics are mixed: negative earnings growth (-44.5%), soft cash generation (FCF margin 1.8%), moderate revenue growth (+4.6%).

Financial Health Rating

ICL's financial health is supported by solid cash strength, including free-cash-flow generation (1.8% of revenue). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

Revenue growth is ICL's strongest growth driver at +4.6% FY2025 versus FY2024 (moderate, 3 stars). By comparison, while earnings growth (-44.5%, negative) and free-cash-flow growth (-80.0%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 34.7% and approximately 56.0% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 43.95% supports management-shareholder alignment.

Top 5 Institutional Investors

Altshuler Shaham Ltd 1.86%
Phoenix Financial Ltd 1.21%
Bank of Montreal 0.08%
Allianz Asset Management AG 0.07%
Citadel Advisors Llc 0.04%

Unit Economics (Per $1K Revenue)

ICL generates approximately $306 of gross profit, $98 of operating income, and $18 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: 36.51%

Quantitative Style Profile

ICL has a liquid profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedSmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 7.20B USD
Price to earnings Ratio 23.04
1Y Target Price 5.81
Price to earnings Ratio 23.04
1Y Target Price 5.81
Volume (30-day avg) 1.2M shares
Beta 1
52 Weeks Range 4.63 - 6.84
Updated Date 09/18/2026
52 Weeks Range 4.63 - 6.84
Updated Date 09/18/2026
Dividends yield (FY) 3.76%
Basic EPS (TTM) 0.24

How Company Makes Money

Business areaWhat it includesRetail investor read
Potash and PhosphateBulk sales of fertilizers and raw mineral materials.The foundational part of the business that rides global crop price trends.
Specialty Chemicals (Bromine/Phosphates)High-value additives for food, tech, and industry.Higher-margin segment focused on innovation and specialized customer needs.
GeographyGlobal operations with significant exposure to Europe, Americas, and Asia.Global reach helps balance demand across different agricultural seasons.
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Valuation

Trailing PE 23.04
Forward PE 55.56
Enterprise Value 9.78B
Price to Sales(TTM) 0.92
Enterprise Value 9.78B
Price to Sales(TTM) 0.92
Enterprise Value to Revenue 1.27
Enterprise Value to EBITDA 7.17
Shares Outstanding 1.29B
Shares Floating 723.39M
Shares Outstanding 1.29B
Shares Floating 723.39M
Percent Insiders 43.95
Percent Institutions 34.73

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About ICL Israel Chemicals Ltd

Exchange NYSE
Headquarters -
IPO Launch date 2014-09-24
President & CEO Mr. Elad Aharonson
Sector Basic Materials
Industry Agricultural Inputs
Full time employees 12000
Full time employees 12000

ICL Group Ltd, together with its subsidiaries, operates as a specialty minerals and chemicals company worldwide. The company operates in four segments: Industrial Products, Potash, Phosphate Solutions, and Growing Solutions. The Industrial Products segment produces bromine out of a solution that is a by-product of the potash production process, as well as bromine-based compounds; sells various grades of potash, salt, magnesium chloride, and magnesia products; and produces and markets phosphorous-based flame retardants and other phosphorus-based products. The Potash segment produces and sells potash, salt, magnesium, electricity, and magnesium alloys; as well as chlorine and sylvinite. The Phosphate segment uses phosphate commodity products to produce specialty products; sells phosphate-based fertilizers, as well as sulphuric and green phosphoric acid, and phosphate fertilizers; and offers phosphate salts and acids. It also develops and produces functional food ingredients and phosphate additives. The Growing Solutions segment develops, manufactures, markets, and sells fertilizers based primarily on nitrogen, potash, and phosphate, including water-soluble specialty, and controlled-release fertilizers, as well as secondary nutrients, bio-stimulants, soil conditioners, seed treatment products, and adjuvants. It also offers digital platforms and technological solutions for farmers and agronomists. The company serves pharmaceutical, food, oil and gas, de-icing, building and construction, oral care, paints and coatings, energy storage, water treatment, electronics, automotive, agriculture, textiles, tire manufacturing, and healthcare industries, as well as power plants and battery producers. It sells its products through marketing companies, agents, and distributors. The company was formerly known as Israel Chemicals Ltd. and changed its name to ICL Group Ltd in May 2020. The company was incorporated in 1968 and is headquartered in Tel Aviv-Yafo, Israel.