Israeli Undervalued over 20% based on DCF

NICE

Market Cap: ₪21.3b

Provides AI-powered cloud platforms for customer engagement, and financial crime and compliance in the United States, Europe, the Middle East, Africa, and the Asia Pacific.

NewMed Energy - Limited Partnership

Market Cap: ₪21.2b

NewMed Energy - Limited Partnership exploration, development, production, and marketing of natural gas, condensate, and oil in Israel, Jordan and Egypt.

Shufersal

Market Cap: ₪12.1b

Operates a chain of supermarkets under the Shufersal brand name in Israel.

Mivne Real Estate (K.D)

Market Cap: ₪9.4b

Operates as a real estate development company in Israel, Switzerland, Ukraine, North America, and France.

El Al Israel Airlines

Market Cap: ₪8.2b

Provides passenger and cargo transportation services.

Partner Communications

Market Cap: ₪6.8b

Provides various communication services in Israel.

Isramco Negev 2 Limited Partnership

Market Cap: ₪6.0b

Engages in the exploration, development, and production of oil, natural gas, and condensate in Israel, Jordan, and Egypt.

Ratio Energies - Limited Partnership

Market Cap: ₪5.2b

Explores, develops, produces, and marketing oil and natural gas in Israel.

Rami Levi Chain Stores Hashikma Marketing 2006

Market Cap: ₪5.1b

Operates a chain of discount format retail stores in Israel.

Aryt Industries

Market Cap: ₪4.8b

Through its subsidiaries, develops, produces, and markets electronic fuses for the defense market in Israel.

One Software Technologies

Market Cap: ₪4.4b

Provides information technology services and solutions worldwide.

Universal Motors Israel

Market Cap: ₪3.5b

Imports, markets, and sells Chevrolet, Cadillac, AVIS, and Isuzu brand motor vehicles in Israel.

Delta Israel Brands

Market Cap: ₪2.6b

Designs, develops, markets, and sells various clothing products in Israel.

Sella Capital Real Estate

Market Cap: ₪2.5b

A real estate investment trust, is engaged in the acquisition, management, holding, and rental of yielding real estate properties in Israel.

Isras Holdings

Market Cap: ₪2.0b

Engages in the real estate business in Israel.

Menivim - The New Reit

Market Cap: ₪1.8b

Menivim - The New Reit Ltd was founded in 2015 and is headquartered in Caesarea, Israel.

Menif - Financial Services

Market Cap: ₪1.5b

Provides mezzanine financing services for equity to promoters and contractors in the construction sector in Israel and internationally.

Plasson Industries

Market Cap: ₪1.5b

Develops, manufactures, and markets technical products in Israel and internationally.

Export Investment

Market Cap: ₪917.0m

Operates as the holding company for Bank of Jerusalem that provides various banking products and services in Israel.

Michpal Technologies

Market Cap: ₪899.9m

Designs and develops payroll software that offers attendance system and pension operations.

Adgar Investments and Development

Market Cap: ₪740.0m

Engages in the real estate business in Israel, Canada, Poland, and Belgium.

Holmes Place International

Market Cap: ₪663.0m

Manages and operates health and fitness clubs under the Holmes Place brands.

Mendelson Infrastructures & Industries

Market Cap: ₪641.1m

Engages in the supply of conduction and flow products in Israel.

Shemen Yielding Real Estate

Market Cap: ₪624.4m

Engages acquires, develops, owns, and manages leasing real estate properties to various tenants’ real estate assets focused on logistics, warehousing, and industrial uses in Israel.

Abra Information Technologies

Market Cap: ₪427.8m

Provides information technology solutions in Israel.

Rimoni Industries

Market Cap: ₪351.6m

Engages in industrial design, engineering, mold manufacturing, and precise injection molding and assemblies of products and components for the medical, automotive, agricultural, high-tech, and consumer industries in Israel and internationally.

Medipower (Overseas)

Market Cap: ₪339.2m

Operates as a commercial real estate company in the United States, Canada, and Bulgaria.

E.N. Shoham Business

Market Cap: ₪298.9m

Operates as an investment arm of Rubicon Business Group Ltd.

STG International

Market Cap: ₪274.3m

Engages in marketing and sales of electronic components, equipment, and systems in Israel.

Polygon Real Estate

Market Cap: ₪271.0m

Operates in real estate investment business in Israel.

E. Schnapp Works

Market Cap: ₪209.8m

Engages in the manufacture and sale of batteries for vehicles in Israel and internationally.

Aviation Links

Market Cap: ₪147.0m

Provides tourism and vacation package services in Israel.

Rekah Pharmaceutical Industry

Market Cap: ₪131.8m

Engages in the manufacture, marketing, sale, and distribution of pharmaceuticals, cosmetics, vitamins and nutritional supplements, and medical devices in Israel.

Orad

Market Cap: ₪130.9m

Provides security and perimeter protection, safety and fire detection, infrastructures, electromechanical systems, automation, communications and control, and solar energy systems in Israel and internationally.

Synel M.L.L Payway

Market Cap: ₪101.9m

Provides software integrated hardware solutions for workforce management in organizations in Israel and internationally.

Erech Finance Cahalacha

Market Cap: ₪6.5m

Provides loans and credit services to small and medium sized enterprises, associations, and private borrowers in Israel.