Shareholders Will Most Likely Find Clal Insurance Enterprises Holdings Ltd.'s (TLV:CLIS) CEO Compensation Acceptable
Dec 12
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Israeli (TA) Financials Sector Analysis
UpdatedDec 13, 2024
DataAggregated Company Financials
Companies70
- 7D1.2%
- 3M23.9%
- 1Y42.2%
- YTD33.1%
In the last week, the Financials industry is up 4.0%, with Bank Hapoalim B.M up 3.2%. This takes the industry's 12 month performance to a gain of 44%. Looking forward, earnings are forecast to grow by 16% annually.
Sector Valuation and Performance
Has the Israeli Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 13 Dec 2024 | ₪302.6b | ₪245.7b | ₪38.3b | 10x | 7.9x | 1.2x |
| Sun, 10 Nov 2024 | ₪275.8b | ₪225.7b | ₪36.3b | 8.9x | 7.6x | 1.2x |
| Tue, 08 Oct 2024 | ₪247.7b | ₪225.6b | ₪36.2b | 7.9x | 6.8x | 1.1x |
| Thu, 05 Sep 2024 | ₪243.5b | ₪225.6b | ₪36.5b | 7.4x | 6.7x | 1.1x |
| Sat, 03 Aug 2024 | ₪229.1b | ₪236.6b | ₪34.5b | 7.8x | 6.6x | 1x |
| Mon, 01 Jul 2024 | ₪222.0b | ₪236.6b | ₪34.5b | 7.5x | 6.4x | 0.9x |
| Wed, 29 May 2024 | ₪225.6b | ₪219.5b | ₪32.1b | 7.8x | 7x | 1x |
| Fri, 26 Apr 2024 | ₪222.1b | ₪220.1b | ₪32.5b | 8x | 6.8x | 1x |
| Sun, 24 Mar 2024 | ₪228.6b | ₪213.9b | ₪31.7b | 8.5x | 7.2x | 1.1x |
| Tue, 20 Feb 2024 | ₪220.0b | ₪214.1b | ₪32.1b | 8.3x | 6.9x | 1x |
| Thu, 18 Jan 2024 | ₪211.6b | ₪214.4b | ₪32.1b | 7.1x | 6.6x | 1x |
| Sat, 16 Dec 2023 | ₪212.5b | ₪214.3b | ₪32.1b | 6.7x | 6.6x | 1x |
| Mon, 13 Nov 2023 | ₪211.5b | ₪199.9b | ₪32.3b | 6.2x | 6.6x | 1.1x |
| Wed, 11 Oct 2023 | ₪215.8b | ₪199.9b | ₪32.3b | 6.8x | 6.7x | 1.1x |
| Fri, 08 Sep 2023 | ₪216.0b | ₪199.9b | ₪32.3b | 7.8x | 6.7x | 1.1x |
| Sun, 06 Aug 2023 | ₪221.0b | ₪152.6b | ₪29.1b | 7.8x | 7.6x | 1.4x |
| Tue, 04 Jul 2023 | ₪213.6b | ₪152.6b | ₪29.1b | 7.7x | 7.4x | 1.4x |
| Thu, 01 Jun 2023 | ₪206.3b | ₪146.3b | ₪31.1b | 7.7x | 6.6x | 1.4x |
| Sat, 29 Apr 2023 | ₪207.9b | ₪141.0b | ₪31.3b | 7.5x | 6.6x | 1.5x |
| Mon, 27 Mar 2023 | ₪208.4b | ₪145.8b | ₪31.6b | 6.9x | 6.6x | 1.4x |
| Wed, 22 Feb 2023 | ₪206.5b | ₪144.5b | ₪29.2b | 7.1x | 7.1x | 1.4x |
| Fri, 20 Jan 2023 | ₪214.9b | ₪144.3b | ₪29.2b | 7.5x | 7.4x | 1.5x |
| Sun, 18 Dec 2022 | ₪214.9b | ₪144.1b | ₪29.0b | 7.5x | 7.4x | 1.5x |
| Tue, 15 Nov 2022 | ₪235.7b | ₪156.2b | ₪27.3b | 8.8x | 8.6x | 1.5x |
| Thu, 13 Oct 2022 | ₪219.4b | ₪156.1b | ₪27.2b | 8.8x | 8.1x | 1.4x |
| Sat, 10 Sep 2022 | ₪243.3b | ₪183.0b | ₪28.9b | 9.4x | 8.4x | 1.3x |
| Mon, 08 Aug 2022 | ₪226.0b | ₪196.5b | ₪30.1b | 8.8x | 7.5x | 1.2x |
| Wed, 06 Jul 2022 | ₪212.9b | ₪196.4b | ₪30.0b | 8.7x | 7.1x | 1.1x |
| Fri, 03 Jun 2022 | ₪228.2b | ₪215.2b | ₪28.6b | 9.1x | 8x | 1.1x |
| Sun, 01 May 2022 | ₪246.4b | ₪214.7b | ₪27.3b | 10.3x | 9x | 1.1x |
| Tue, 29 Mar 2022 | ₪188.6b | ₪201.5b | ₪21.1b | 10.5x | 8.9x | 0.9x |
| Thu, 24 Feb 2022 | ₪247.1b | ₪217.8b | ₪25.9b | 10.8x | 9.5x | 1.1x |
| Sat, 22 Jan 2022 | ₪247.2b | ₪217.8b | ₪25.9b | 10.5x | 9.5x | 1.1x |
| Mon, 20 Dec 2021 | ₪224.4b | ₪217.8b | ₪25.9b | 9.6x | 8.7x | 1x |
Price to Earnings Ratio
8.7x
Current Industry PE
- Investors are relatively neutral on the Israeli Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 7.5x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 3.7% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Israeli Financials sector?
| IL Market | 1.22% | |
| Financials | 1.25% | |
| Insurance | 6.14% | |
| Consumer Finance | 4.55% | |
| Diversified Financial | 1.39% | |
| Banks | 0.21% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Capital Markets | -0.44% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 11.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Banks industry, which is trading close to its 3-year average of 7.1x.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings growth rate of 13% per year.
- In contrast, the Insurance industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| HARL Harel Insurance Investments & Financial Services | ₪50.72 | 12.4% +₪1.1b | 70.5% | PE10.3x | |
| PHOE Phoenix Financial | ₪52.50 | 8.2% +₪998.5m | 40.5% | PE7.4x | |
| MZTF Mizrahi Tefahot Bank | ₪161.10 | 1.4% +₪594.3m | 22.3% | PB1.4x | |
| CLIS Clal Insurance Enterprises Holdings | ₪86.00 | 8.2% +₪514.3m | 49.8% | PE12.1x | |
| FIBI First International Bank of Israel | ₪179.80 | 2.5% +₪431.4m | 24.4% | PB1.4x |
