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Israeli (TA) Financials Sector Analysis

UpdatedFeb 25, 2024
DataAggregated Company Financials
Companies70
  • 7D3.1%
  • 3M1.3%
  • 1Y7.3%
  • YTD-2.1%

In the last week, the Financials industry is up 3.1%, with Bank Hapoalim B.M leading the way, up 4.5%. In the last 12 months, the industry was up 7.3%. Looking forward, earnings are forecast to grow by 1.1% annually.

Sector Valuation and Performance

Has the Israeli Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 26 Feb 2024₪221.7b₪214.1b₪32.1b8.4x6.9x1x
Wed, 24 Jan 2024₪209.9b₪214.4b₪32.1b7.3x6.5x1x
Fri, 22 Dec 2023₪221.0b₪214.3b₪32.1b6.8x6.9x1x
Sun, 19 Nov 2023₪208.7b₪199.9b₪32.2b6.7x6.5x1x
Tue, 17 Oct 2023₪204.4b₪199.9b₪32.3b6.6x6.3x1x
Thu, 14 Sep 2023₪220.1b₪199.9b₪32.3b7.3x6.8x1.1x
Sat, 12 Aug 2023₪222.1b₪152.7b₪29.1b7.8x7.6x1.5x
Mon, 10 Jul 2023₪211.7b₪152.6b₪29.1b7.7x7.3x1.4x
Wed, 07 Jun 2023₪209.3b₪151.1b₪29.2b7.8x7.2x1.4x
Fri, 05 May 2023₪212.5b₪141.0b₪31.3b8x6.8x1.5x
Sun, 02 Apr 2023₪198.8b₪140.3b₪31.2b7.1x6.4x1.4x
Tue, 28 Feb 2023₪200.2b₪144.5b₪29.2b6.9x6.9x1.4x
Thu, 26 Jan 2023₪215.1b₪144.3b₪29.2b7.4x7.4x1.5x
Sat, 24 Dec 2022₪208.1b₪144.3b₪29.1b7.2x7.2x1.4x
Mon, 21 Nov 2022₪231.4b₪156.5b₪27.8b8.6x8.3x1.5x
Wed, 19 Oct 2022₪227.2b₪156.1b₪27.1b8.9x8.4x1.5x
Fri, 16 Sep 2022₪238.9b₪159.5b₪27.4b9.3x8.7x1.5x
Sun, 14 Aug 2022₪237.0b₪196.5b₪30.1b9.5x7.9x1.2x
Tue, 12 Jul 2022₪221.0b₪196.4b₪30.0b8.7x7.4x1.1x
Thu, 09 Jun 2022₪226.7b₪207.3b₪29.0b9.2x7.8x1.1x
Sat, 07 May 2022₪230.3b₪214.7b₪27.3b9.5x8.4x1.1x
Mon, 04 Apr 2022₪243.5b₪215.7b₪27.2b10.3x9x1.1x
Wed, 02 Mar 2022₪237.4b₪217.8b₪25.9b10.3x9.2x1.1x
Fri, 28 Jan 2022₪240.5b₪217.8b₪25.9b10x9.3x1.1x
Sun, 26 Dec 2021₪230.8b₪217.8b₪25.9b9.8x8.9x1.1x
Tue, 23 Nov 2021₪227.5b₪219.8b₪25.6b11.1x8.9x1x
Thu, 21 Oct 2021₪216.3b₪216.6b₪23.9b10.4x9x1x
Sat, 18 Sep 2021₪206.2b₪216.5b₪23.8b9.9x8.7x1x
Mon, 16 Aug 2021₪195.7b₪215.9b₪23.6b9.6x8.3x0.9x
Mon, 31 May 2021₪193.9b₪207.6b₪19.0b10.7x10.2x0.9x
Thu, 04 Mar 2021₪160.2b₪143.7b₪12.9b11.5x12.4x1.1x
Price to Earnings Ratio

12.4x


Total Market Cap: ₪160.2bTotal Earnings: ₪12.9bTotal Revenue: ₪143.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli Financials Sector Price to Earnings3Y Average 8.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Israeli Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 6.9x which is lower than its 3-year average PE of 8.1x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 35% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market3.03%
Financials3.10%
Diversified Financial5.87%
Banks3.96%
Capital Markets1.29%
Consumer Finance1.15%
Mortgage Finance0%
Mortgage REITs0%
Insurance-0.49%
Industry PE
  • Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 9.7x.
    • Analysts are expecting annual earnings growth of 51.1%, which is higher than its past year's earnings decline of 47.2% per year.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 8.1x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 51% over the next 5 years.
  • This is better than its past earnings decline of 47% per year.
  • In contrast, the Banks industry is expected to see its earnings decline by 6.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
POLI Bank Hapoalim B.M₪32.913.4%
+₪1.5b
10.0%PB0.9x
LUMI Bank Leumi le-Israel B.M₪28.543.6%
+₪1.4b
0.9%PB0.8x
MZTF Mizrahi Tefahot Bank₪137.903.1%
+₪1.1b
27.1%PB1.3x
FIBI First International Bank of Israel₪144.802.3%
+₪321.1m
9.6%PB1.3x
DSCT Israel Discount Bank₪17.861.4%
+₪296.9m
4.0%PB0.8x
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Latest News

MGDL

₪4.26

Migdal Insurance and Financial Holdings

7D

-2.1%

1Y

7.2%

POLI

₪32.91

Bank Hapoalim B.M

7D

3.4%

1Y

10.0%

TASE

₪24.01

Tel-Aviv Stock Exchange

7D

-2.4%

1Y

36.4%

MTAV

₪15.98

Meitav Investment House

7D

-1.7%

1Y

45.0%

HARL

₪31.65

Harel Insurance Investments & Financial Services

7D

-0.3%

1Y

6.2%

PHOE

₪36.00

Phoenix Holdings

7D

-2.1%

1Y

6.2%

ISCD

₪12.86

Isracard

7D

-0.9%

1Y

0.5%

ALTF

₪5.87

Altshuler Shaham Finance

7D

-4.8%

1Y

-15.7%

DSCT

₪17.86

Israel Discount Bank

7D

1.4%

1Y

4.0%

FIBIH

₪154.50

F.I.B.I. Holdings

7D

2.0%

1Y

16.2%