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Israeli (TA) Financials Sector Analysis
UpdatedNov 19, 2024
DataAggregated Company Financials
Companies70
- 7D2.2%
- 3M19.5%
- 1Y37.7%
- YTD26.8%
In the last week, the Financials industry is up 2.4%, with Bank Leumi le-Israel B.M up 3.4%. In the last 12 months, the industry was up 40%. Earnings are forecast to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Tue, 19 Nov 2024 | ₪288.6b | ₪225.7b | ₪36.3b | 9.4x | 8x | 1.3x |
| Thu, 17 Oct 2024 | ₪253.6b | ₪225.6b | ₪36.2b | 8x | 7x | 1.1x |
| Sat, 14 Sep 2024 | ₪244.6b | ₪225.4b | ₪36.4b | 7.6x | 6.7x | 1.1x |
| Mon, 12 Aug 2024 | ₪236.1b | ₪236.6b | ₪34.5b | 7.9x | 6.8x | 1x |
| Wed, 10 Jul 2024 | ₪237.5b | ₪236.6b | ₪34.5b | 8.2x | 6.9x | 1x |
| Fri, 07 Jun 2024 | ₪223.7b | ₪225.9b | ₪33.8b | 7.2x | 6.6x | 1x |
| Sun, 05 May 2024 | ₪223.5b | ₪220.1b | ₪32.5b | 7.8x | 6.9x | 1x |
| Tue, 02 Apr 2024 | ₪233.2b | ₪218.1b | ₪32.4b | 8x | 7.2x | 1.1x |
| Thu, 29 Feb 2024 | ₪228.5b | ₪214.1b | ₪32.1b | 8.3x | 7.1x | 1.1x |
| Sat, 27 Jan 2024 | ₪210.9b | ₪214.4b | ₪32.1b | 7.3x | 6.6x | 1x |
| Mon, 25 Dec 2023 | ₪221.7b | ₪214.3b | ₪32.1b | 6.8x | 6.9x | 1x |
| Wed, 22 Nov 2023 | ₪211.3b | ₪199.9b | ₪32.2b | 6.6x | 6.6x | 1.1x |
| Fri, 20 Oct 2023 | ₪199.5b | ₪199.9b | ₪32.3b | 6.2x | 6.2x | 1x |
| Sun, 17 Sep 2023 | ₪222.9b | ₪199.9b | ₪32.3b | 7.3x | 6.9x | 1.1x |
| Tue, 15 Aug 2023 | ₪218.9b | ₪152.7b | ₪29.1b | 7.7x | 7.5x | 1.4x |
| Thu, 13 Jul 2023 | ₪221.7b | ₪152.6b | ₪29.1b | 7.6x | 7.6x | 1.5x |
| Sat, 10 Jun 2023 | ₪217.9b | ₪152.4b | ₪29.0b | 7.9x | 7.5x | 1.4x |
| Mon, 08 May 2023 | ₪215.1b | ₪141.0b | ₪31.3b | 8x | 6.9x | 1.5x |
| Wed, 05 Apr 2023 | ₪196.4b | ₪140.3b | ₪31.2b | 7x | 6.3x | 1.4x |
| Fri, 03 Mar 2023 | ₪206.4b | ₪144.5b | ₪29.2b | 7x | 7.1x | 1.4x |
| Sun, 29 Jan 2023 | ₪211.1b | ₪144.3b | ₪29.2b | 7.2x | 7.2x | 1.5x |
| Tue, 27 Dec 2022 | ₪202.1b | ₪144.3b | ₪29.1b | 7x | 6.9x | 1.4x |
| Thu, 24 Nov 2022 | ₪230.9b | ₪156.5b | ₪27.8b | 8.6x | 8.3x | 1.5x |
| Sat, 22 Oct 2022 | ₪229.3b | ₪156.2b | ₪27.3b | 8.8x | 8.4x | 1.5x |
| Mon, 19 Sep 2022 | ₪234.6b | ₪155.9b | ₪27.1b | 9.7x | 8.7x | 1.5x |
| Wed, 17 Aug 2022 | ₪242.3b | ₪196.3b | ₪29.9b | 9.3x | 8.1x | 1.2x |
| Fri, 15 Jul 2022 | ₪219.4b | ₪196.4b | ₪30.0b | 8.4x | 7.3x | 1.1x |
| Sun, 12 Jun 2022 | ₪224.9b | ₪207.3b | ₪29.0b | 9.4x | 7.8x | 1.1x |
| Tue, 10 May 2022 | ₪219.7b | ₪213.4b | ₪27.1b | 9.2x | 8.1x | 1x |
| Thu, 07 Apr 2022 | ₪240.9b | ₪215.7b | ₪27.2b | 10.1x | 8.9x | 1.1x |
| Sat, 05 Mar 2022 | ₪233.8b | ₪218.3b | ₪26.2b | 9.9x | 8.9x | 1.1x |
| Mon, 31 Jan 2022 | ₪240.6b | ₪217.8b | ₪25.9b | 10x | 9.3x | 1.1x |
| Wed, 29 Dec 2021 | ₪233.9b | ₪217.8b | ₪25.9b | 10x | 9x | 1.1x |
| Fri, 26 Nov 2021 | ₪225.7b | ₪220.8b | ₪26.3b | 10.2x | 8.6x | 1x |
Price to Earnings Ratio
8.6x
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 12% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Israeli Financials sector?
| IL Market | 1.92% | |
| Financials | 2.19% | |
| Insurance | 5.52% | |
| Capital Markets | 5.13% | |
| Diversified Financial | 4.35% | |
| Consumer Finance | 1.54% | |
| Banks | 1.23% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
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 Insurance industry, expecting annual earnings growth of 19% over the next 5 years.
- However this is lower than its past earnings growth rate of 170% per year.
- In contrast, the Capital Markets industry is expected to see its earnings grow by 10% 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 | |
|---|---|---|---|---|---|
| LUMI Bank Leumi le-Israel B.M | ₪40.78 | 2.6% +₪1.6b | 50.2% | PB1.1x | |
| MMHD Menora Mivtachim Holdings | ₪131.80 | 7.4% +₪564.8m | 65.2% | PE8.6x | |
| PHOE Phoenix Financial | ₪47.00 | 4.9% +₪546.0m | 37.6% | PE8.3x | |
| HARL Harel Insurance Investments & Financial Services | ₪42.00 | 4.8% +₪391.9m | 58.2% | PE9.2x | |
| CLIS Clal Insurance Enterprises Holdings | ₪79.24 | 6.6% +₪390.7m | 44.9% | PE11.3x |
