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Israeli (TA) Market Analysis & Valuation
UpdatedMay 23, 2022
DataAggregated Company Financials
Companies490
- 7D-0.8%
- 3M-8.6%
- 1Y10.7%
- YTD-8.2%
In the last week, the market has stayed flat, however the Energy sector stood out, gaining 3.8%. More promisingly, the market is up 11% over the past year. Looking forward, earnings are forecast to grow by 3.0% annually.
Market Valuation and Performance
Has the Israeli Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | ₪902.7b | ₪648.6b | ₪79.3b | 11.4x |
| Wed, 20 Apr 2022 | ₪1.0t | ₪635.7b | ₪75.5b | 13.4x |
| Fri, 18 Mar 2022 | ₪963.5b | ₪627.0b | ₪63.6b | 14.6x |
| Sun, 13 Feb 2022 | ₪988.0b | ₪621.2b | ₪59.9b | 16.3x |
| Tue, 11 Jan 2022 | ₪964.9b | ₪615.5b | ₪58.6b | 16.2x |
| Thu, 09 Dec 2021 | ₪948.3b | ₪612.8b | ₪58.4b | 15x |
| Sat, 06 Nov 2021 | ₪896.6b | ₪587.4b | ₪52.6b | 15.6x |
| Mon, 04 Oct 2021 | ₪834.2b | ₪588.2b | ₪51.9b | 14.7x |
| Wed, 01 Sep 2021 | ₪812.3b | ₪575.4b | ₪52.1b | 14.5x |
| Thu, 08 Jul 2021 | ₪764.8b | ₪574.6b | ₪52.0b | 13.7x |
| Wed, 31 Mar 2021 | ₪680.0b | ₪547.8b | ₪41.4b | 14.1x |
| Sat, 02 Jan 2021 | ₪633.4b | ₪471.6b | ₪23.4b | 15.1x |
| Tue, 06 Oct 2020 | ₪507.4b | ₪467.0b | ₪30.3b | 12.4x |
| Fri, 10 Jul 2020 | ₪468.9b | ₪445.9b | ₪22.1b | 10.9x |
| Thu, 02 Apr 2020 | ₪473.0b | ₪450.1b | ₪25.7b | 11.3x |
| Sun, 05 Jan 2020 | ₪612.2b | ₪509.9b | ₪38.0b | 12.8x |
| Wed, 09 Oct 2019 | ₪580.9b | ₪480.9b | ₪33.8b | 13.3x |
| Tue, 02 Jul 2019 | ₪553.5b | ₪486.9b | ₪35.6b | 12.3x |
Median PE Ratio
12.5x
Current Market PE
- Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 13.6x.
Past Earnings Growth
- The earnings for Israeli listed companies have grown 30% per year over the last three years.
- Revenues for these companies have grown 9.6% 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 | -0.84% | |
| Energy | 3.81% | |
| Utilities | 2.25% | |
| Consumer Discretionary | 0.86% | |
| Industrials | 0.37% | |
| Healthcare | -0.093% | |
| Real Estate | -0.50% | |
| Financials | -1.51% | |
| Consumer Staples | -1.88% | |
| Telecom | -2.76% | |
| Tech | -2.80% | |
| Materials | -4.46% | |
Sector PE
- Investors are most optimistic about the Utilities sector even though it's trading below its 3-year average PE ratio of 79.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Real Estate sector, which is trading below its 3-year average of 13.0x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 71% over the next 5 years.
- This is better than its past earnings growth rate of 8.8% per year.
- In contrast, the Materials sector is expected to see its earnings decline by 30% 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 | |
|---|---|---|---|---|---|---|
| NWMD NewMed Energy - Limited Partnership | ₪9.81 | 12.8% +₪1.3b | 83.0% | PS9.5x | Energy | |
| ESLT Elbit Systems | ₪719.90 | 2.2% +₪673.2m | 64.6% | PS34.5x | Industrials | |
| MTRN Maytronics | ₪58.69 | 10.7% +₪621.6m | -8.8% | PS28.6x | Consumer Discretionary | |
| DLEKG Delek Group | ₪538.00 | 4.9% +₪442.5m | 208.3% | PS7.1x | Energy | |
| ENLT Enlight Renewable Energy | ₪6.59 | 6.8% +₪399.5m | -1.6% | PS173.7x | Utilities |
