Altshuler Shaham Finance (TASE:ALTF) - Stock Price, News & Analysis

ALTF Stock Overview

Engages in the provident and pension funds management activities.

ALTF fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	3/6
Financial Health	2/6
Dividends	4/6

Rewards

Trading at 65.5% below our estimate of its fair value

Risk Analysis

Unstable dividend track record

Has a high level of debt

Altshuler Shaham Finance Ltd Competitors

Generation Capital

TASE:GNRS

₪695.7m

Meitav Investment House

TASE:MTAV

₪1.4b

Analyst I.M.S. Investment Management Services

TASE:ANLT

₪443.0m

Y.D. More Investments

TASE:MRIN

₪593.4m

Price History & Performance

Summary of all time highs, changes and price drops for Altshuler Shaham Finance
Historical stock prices
Current Share Price	₪4.75
52 Week High	₪8.00
52 Week Low	₪4.18
Beta	0.60
1 Month Change	-2.29%
3 Month Change	-17.75%
1 Year Change	-32.84%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-70.88%

Recent updates

Shareholder Returns

	ALTF	IL Capital Markets	IL Market
7D	0.6%	2.5%	0.9%
1Y	-32.8%	5.2%	5.8%

Return vs Industry: ALTF underperformed the IL Capital Markets industry which returned 5.2% over the past year.

Return vs Market: ALTF underperformed the IL Market which returned 5.8% over the past year.

Price Volatility

Is ALTF's price volatile compared to industry and market?
ALTF volatility
ALTF Average Weekly Movement	4.7%
Capital Markets Industry Average Movement	3.6%
Market Average Movement	4.4%
10% most volatile stocks in IL Market	8.0%
10% least volatile stocks in IL Market	3.3%

Stable Share Price: ALTF's share price has been volatile over the past 3 months.

Volatility Over Time: ALTF's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2001	825	Yair Levinstein	ir.as-invest.co.il/en/investor-lobby-english

Altshuler Shaham Finance Ltd engages in the provident and pension funds management activities. The company manages savings provident funds, provident funds, personal severance pay provident funds, study funds, central severance pay funds, central provident funds, and central sick pay provident funds, as well as investment provident funds, which include children savings plan, and comprehensive pension funds and general pension funds. It is also involved in the management of alternative real estate investments.

Altshuler Shaham Finance Ltd Fundamentals Summary

How do Altshuler Shaham Finance's earnings and revenue compare to its market cap?
ALTF fundamental statistics
Market cap	₪938.17m
Earnings (TTM)	₪137.93m
Revenue (TTM)	₪1.01b

6.8x

P/E Ratio

0.9x

P/S Ratio

Is ALTF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALTF income statement (TTM)
Revenue	₪1.01b
Cost of Revenue	₪0
Gross Profit	₪1.01b
Other Expenses	₪876.69m
Earnings	₪137.93m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.70
Gross Margin	100.00%
Net Profit Margin	13.59%
Debt/Equity Ratio	80.6%

How did ALTF perform over the long term?

See historical performance and comparison

Dividends

11.2%

Current Dividend Yield

76%

Payout Ratio

Does ALTF pay a reliable dividends?

See ALTF dividend history and benchmarks

When do you need to buy ALTF by to receive an upcoming dividend?
Altshuler Shaham Finance dividend dates
Ex Dividend Date	Jun 02 2024
Dividend Pay Date	Jun 10 2024
Days until Ex dividend	1 day
Days until Dividend pay date	9 days