Azrieli Group (TLV:AZRG) Shareholders Should Be Cautious Despite Solid Earnings
Nov 29
Have your own idea? Try our Stock Screener
Israeli (TA) Market Analysis & Valuation
UpdatedNov 30, 2024
DataAggregated Company Financials
Companies467
- 7D1.4%
- 3M15.6%
- 1Y25.9%
- YTD16.0%
Over the last 7 days, the market has risen 1.4%, driven by gains of 2.6% in the Real Estate sector. As for the past 12 months, the market is up 26%. Earnings are forecast to grow by 23% annually.
Market Valuation and Performance
Has the Israeli Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 30 Nov 2024 | ₪940.0b | ₪765.4b | ₪67.4b | 13.8x | 13.9x | 1.2x |
| Mon, 28 Oct 2024 | ₪861.1b | ₪750.8b | ₪64.3b | 12.1x | 13.4x | 1.1x |
| Wed, 25 Sep 2024 | ₪819.8b | ₪774.8b | ₪65.5b | 11.3x | 12.5x | 1.1x |
| Fri, 23 Aug 2024 | ₪810.3b | ₪777.5b | ₪63.6b | 12x | 12.7x | 1x |
| Sun, 21 Jul 2024 | ₪820.9b | ₪765.9b | ₪60.5b | 12.2x | 13.6x | 1.1x |
| Tue, 18 Jun 2024 | ₪764.6b | ₪768.0b | ₪60.7b | 11.5x | 12.6x | 1x |
| Thu, 16 May 2024 | ₪827.7b | ₪748.7b | ₪58.1b | 12.4x | 14.2x | 1.1x |
| Sat, 13 Apr 2024 | ₪816.4b | ₪752.9b | ₪58.1b | 12x | 14x | 1.1x |
| Mon, 11 Mar 2024 | ₪828.8b | ₪742.5b | ₪54.6b | 12.2x | 15.2x | 1.1x |
| Wed, 07 Feb 2024 | ₪794.8b | ₪746.7b | ₪55.8b | 11.5x | 14.3x | 1.1x |
| Fri, 05 Jan 2024 | ₪826.1b | ₪752.8b | ₪56.2b | 11.3x | 14.7x | 1.1x |
| Sun, 03 Dec 2023 | ₪765.7b | ₪753.8b | ₪57.2b | 10.6x | 13.4x | 1x |
| Tue, 31 Oct 2023 | ₪711.1b | ₪759.3b | ₪64.9b | 9.7x | 11x | 0.9x |
| Thu, 28 Sep 2023 | ₪797.1b | ₪748.0b | ₪64.1b | 11.4x | 12.4x | 1.1x |
| Sat, 26 Aug 2023 | ₪796.2b | ₪716.7b | ₪66.9b | 11.6x | 11.9x | 1.1x |
| Mon, 24 Jul 2023 | ₪829.2b | ₪683.6b | ₪71.3b | 10.9x | 11.6x | 1.2x |
| Wed, 21 Jun 2023 | ₪799.7b | ₪681.9b | ₪71.0b | 10.8x | 11.3x | 1.2x |
| Fri, 19 May 2023 | ₪793.2b | ₪664.7b | ₪83.8b | 9.9x | 9.5x | 1.2x |
| Sun, 16 Apr 2023 | ₪741.1b | ₪667.3b | ₪83.8b | 9.4x | 8.8x | 1.1x |
| Tue, 14 Mar 2023 | ₪739.4b | ₪671.5b | ₪97.7b | 8.3x | 7.6x | 1.1x |
| Thu, 09 Feb 2023 | ₪799.9b | ₪660.5b | ₪96.0b | 9.1x | 8.3x | 1.2x |
| Sat, 07 Jan 2023 | ₪796.1b | ₪660.3b | ₪96.3b | 9x | 8.3x | 1.2x |
| Mon, 05 Dec 2022 | ₪851.9b | ₪655.7b | ₪96.6b | 9.5x | 8.8x | 1.3x |
| Wed, 02 Nov 2022 | ₪884.8b | ₪649.0b | ₪92.0b | 10.2x | 9.6x | 1.4x |
| Fri, 30 Sep 2022 | ₪866.4b | ₪649.3b | ₪92.2b | 10.5x | 9.4x | 1.3x |
| Sun, 28 Aug 2022 | ₪974.7b | ₪664.2b | ₪91.5b | 12.1x | 10.7x | 1.5x |
| Tue, 26 Jul 2022 | ₪909.4b | ₪652.7b | ₪85.9b | 11.9x | 10.6x | 1.4x |
| Thu, 23 Jun 2022 | ₪869.4b | ₪654.2b | ₪85.1b | 11.3x | 10.2x | 1.3x |
| Sat, 21 May 2022 | ₪894.0b | ₪648.3b | ₪79.2b | 11.5x | 11.3x | 1.4x |
| Mon, 18 Apr 2022 | ₪993.9b | ₪635.1b | ₪75.5b | 13.2x | 13.2x | 1.6x |
| Wed, 16 Mar 2022 | ₪950.9b | ₪626.9b | ₪63.2b | 14.6x | 15.1x | 1.5x |
| Fri, 11 Feb 2022 | ₪987.8b | ₪620.6b | ₪59.8b | 16.3x | 16.5x | 1.6x |
| Sun, 09 Jan 2022 | ₪979.4b | ₪614.4b | ₪58.5b | 16.3x | 16.7x | 1.6x |
| Tue, 07 Dec 2021 | ₪898.7b | ₪605.3b | ₪57.3b | 14.8x | 15.7x | 1.5x |
Price to Earnings Ratio
15.7x
Current Market PE
- Investors are optimistic on the Israeli market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 13.9x which is higher than its 3-year average PE of 12.1x.
Past Earnings Growth
- The earnings for Israeli listed companies have grown 5.6% per year over the last three years.
- Revenues for these companies have grown 7.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Israeli Market?
| IL Market | 1.35% | |
| Consumer Staples | 5.96% | |
| Utilities | 4.13% | |
| Consumer Discretionary | 2.95% | |
| Real Estate | 2.63% | |
| Materials | 2.31% | |
| Telecom | 2.08% | |
| Tech | 1.07% | |
| Energy | 0.53% | |
| Industrials | 0.016% | |
| Financials | 0.00019% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Healthcare | -0.11% | |
Sector PE
- Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 24.5x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 19.6% which is higher than its past year's earnings decline of 1.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 39% over the next 5 years.
- This is better than its past earnings decline of 23% per year.
- In contrast, the Energy sector is expected to see its earnings grow by 2.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| NICE NICE | ₪653.60 | 2.5% +₪1.0b | -8.8% | PE26.7x | Tech | |
| BIG BIG Shopping Centers | ₪480.90 | 7.7% +₪845.3m | 44.0% | PE12.2x | Real Estate | |
| MLSR Melisron | ₪322.00 | 5.6% +₪808.5m | 24.1% | PE11.4x | Real Estate | |
| STRS Strauss Group | ₪68.98 | 10.8% +₪784.5m | -3.4% | PE23.9x | Consumer Staples | |
| AZRG Azrieli Group | ₪291.00 | 2.1% +₪727.6m | 34.5% | PE17x | Real Estate |
