Cellcom Israel (TASE:CEL) Stock Still Looks Reasonable After A 192% Run Sasha Jovanovic Sun, November 8, 2026 at 4:14 AM EST 4 min read CEL.TA +1.86% AAPL -0.44% Trade Apple on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Cellcom Israel has pulled back in recent weeks after a strong multi year run, which puts the spotlight squarely on whether the current share price still lines up with what its earnings can support. With investors weighing both the stock chart and the income statement, the key issue now is how the market is pricing those profits.
Over the past 3 years the stock has gained 191.6%, so a lot of the past optimism around Cellcom Israel is now embedded in the valuation debate.
Recent reports that Cellcom Israel may acquire a 42.5% stake in iCon Group, the Apple distributor behind the iDigital chain, can influence how investors think about future profit levels and the timing of cash flows if the deal proceeds.
The analysts covering Cellcom Israel have run their own numbers. See what analysts think Cellcom Israel's shares could be worth.
The stock's next move may depend on whether its current earnings, relative to the wider industry, are enough to underpin today's price.
If you want to see how other firms with strong recent moves stack up on valuation grounds, compare Cellcom Israel with a set of 222 high quality undervalued stocks
The P/E ratio fits Cellcom Israel because earnings are a core reference point for mature telecom operators with recurring cash flows. On this measure, the stock trades on about 8.5x earnings, using the latest figure provided. The wider Wireless Telecom group sits closer to 14.5x, so the market is currently assigning a lower earnings multiple to Cellcom Israel than to the typical peer in the sector.
Reports of potential talks to buy a 42.5% stake in iCon Group, the iDigital retailer, have stirred interest, yet the current 8.5x P/E still comes in below both the industry average and the peer group level of about 13.6x. That gap indicates the share price does not reflect the same earnings premium that many comparable businesses carry, which leaves investors weighing whether the discount reflects company specific risks or a possible opportunity. Explore the numbers behind Cellcom Israel's P/E valuation.
Simply Wall St Narratives pick up where the Cellcom Israel valuation puzzle leaves off by spelling out which growth, margin and earnings paths would need to play out for the shares to look materially higher or lower than today. Each one presents Cellcom Israel's implied fair value as a clear thesis about the business that can be revisited over time, so you can see how the underlying idea holds up as new information arrives.
A clear, written Narrative on Cellcom Israel right now gives you a structured way to test whether the current P/E and any potential acquisition of a 42.5% stake in iCon Group line up with the profit path you think is realistic. It turns your view into specific earnings and cash flow assumptions that can be checked against how Cellcom Israel's results and deal outcomes evolve over time.
Share your own Narrative for Cellcom Israel and set out the assumptions behind your valuation.
There is one more angle that ties this all together, which is how professional analysts currently map out where Cellcom Israel could be a few years from now, compared with what the market is paying today. Explore where analysts expect Cellcom Israel to be in a few years.
This article is general in nature and was produced with the assistance of AI automation, based on data and analysis from Simply Wall St. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include CEL.TA.
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