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Israeli (TA) Insurance Industry Analysis
UpdatedOct 09, 2024
DataAggregated Company Financials
Companies10
- 7D-1.2%
- 3M6.4%
- 1Y17.3%
- YTD10.4%
Over the last 7 days, the Insurance industry has dropped 3.4%, driven by Harel Insurance Investments & Financial Services declining 3.3%. Over the past 12 months, the industry was up 21%. Looking forward, earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Israeli Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 09 Oct 2024 | ₪37.2b | ₪128.8b | ₪5.7b | 7x | 6.6x | 0.3x |
| Fri, 06 Sep 2024 | ₪36.3b | ₪128.8b | ₪5.7b | 6.9x | 6.4x | 0.3x |
| Sun, 04 Aug 2024 | ₪33.7b | ₪141.1b | ₪3.8b | 8.6x | 8.9x | 0.2x |
| Tue, 02 Jul 2024 | ₪31.6b | ₪141.1b | ₪3.8b | 8.1x | 8.3x | 0.2x |
| Thu, 30 May 2024 | ₪33.7b | ₪128.6b | ₪2.9b | 11.1x | 11.6x | 0.3x |
| Sat, 27 Apr 2024 | ₪34.2b | ₪125.0b | ₪2.9b | 11.2x | 11.8x | 0.3x |
| Mon, 25 Mar 2024 | ₪37.2b | ₪118.9b | ₪2.3b | 12x | 16.5x | 0.3x |
| Wed, 21 Feb 2024 | ₪33.7b | ₪117.0b | ₪2.1b | 11.2x | 16.2x | 0.3x |
| Fri, 19 Jan 2024 | ₪32.7b | ₪117.0b | ₪2.1b | 10.4x | 15.8x | 0.3x |
| Sun, 17 Dec 2023 | ₪32.9b | ₪117.0b | ₪2.1b | 10.8x | 15.8x | 0.3x |
| Tue, 14 Nov 2023 | ₪28.6b | ₪103.0b | ₪1.9b | 10.7x | 15.1x | 0.3x |
| Thu, 12 Oct 2023 | ₪30.9b | ₪103.0b | ₪1.9b | 11.7x | 16.2x | 0.3x |
| Sat, 09 Sep 2023 | ₪32.3b | ₪103.0b | ₪1.9b | 11.8x | 17x | 0.3x |
| Mon, 07 Aug 2023 | ₪31.8b | ₪60.3b | ₪989.3m | 11.9x | 32.1x | 0.5x |
| Wed, 05 Jul 2023 | ₪32.6b | ₪60.3b | ₪989.3m | 12.4x | 32.9x | 0.5x |
| Fri, 02 Jun 2023 | ₪31.1b | ₪55.2b | ₪3.6b | 8.5x | 8.8x | 0.6x |
| Sun, 30 Apr 2023 | ₪32.1b | ₪53.3b | ₪4.2b | 7.3x | 7.7x | 0.6x |
| Tue, 28 Mar 2023 | ₪31.7b | ₪59.5b | ₪4.4b | 7.5x | 7.2x | 0.5x |
| Thu, 23 Feb 2023 | ₪30.7b | ₪63.3b | ₪4.8b | 7.2x | 6.4x | 0.5x |
| Sat, 21 Jan 2023 | ₪33.2b | ₪63.3b | ₪4.8b | 7.6x | 7x | 0.5x |
| Mon, 19 Dec 2022 | ₪31.1b | ₪63.4b | ₪4.8b | 7.2x | 6.5x | 0.5x |
| Wed, 16 Nov 2022 | ₪33.8b | ₪78.6b | ₪5.2b | 9x | 6.5x | 0.4x |
| Fri, 14 Oct 2022 | ₪33.2b | ₪78.6b | ₪5.2b | 8.6x | 6.3x | 0.4x |
| Sun, 11 Sep 2022 | ₪36.1b | ₪105.8b | ₪7.1b | 5.4x | 5.1x | 0.3x |
| Tue, 09 Aug 2022 | ₪35.2b | ₪119.0b | ₪7.9b | 4.9x | 4.4x | 0.3x |
| Thu, 07 Jul 2022 | ₪32.4b | ₪119.0b | ₪7.9b | 4.6x | 4.1x | 0.3x |
| Sat, 04 Jun 2022 | ₪34.7b | ₪130.3b | ₪7.1b | 5.1x | 4.9x | 0.3x |
| Mon, 02 May 2022 | ₪38.8b | ₪138.2b | ₪6.5b | 6.6x | 6x | 0.3x |
| Wed, 30 Mar 2022 | ₪39.4b | ₪142.0b | ₪6.5b | 7.6x | 6.1x | 0.3x |
| Fri, 25 Feb 2022 | ₪38.0b | ₪143.7b | ₪6.4b | 7.4x | 5.9x | 0.3x |
| Sun, 23 Jan 2022 | ₪38.7b | ₪143.7b | ₪6.4b | 7.4x | 6x | 0.3x |
| Tue, 21 Dec 2021 | ₪35.8b | ₪143.7b | ₪6.4b | 6.9x | 5.6x | 0.2x |
| Thu, 18 Nov 2021 | ₪36.7b | ₪147.5b | ₪6.3b | 6.7x | 5.8x | 0.2x |
| Sat, 16 Oct 2021 | ₪35.7b | ₪147.5b | ₪6.3b | 6.1x | 5.7x | 0.2x |
Price to Earnings Ratio
5.7x
Current Industry PE
- Investors are pessimistic on the Israeli Insurance 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 6.6x which is lower than its 3-year average PE of 10.7x.
- The industry is trading close to its 3-year average PS ratio of 0.35x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have declined 3.4% per year over the last three years,
- Revenues have also declined 4.4% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Israeli Financials industry?
| IL Market | -0.15% | |
| Financials | 0.15% | |
| Insurance | -1.16% | |
| Property and Casualty Insurance | 0.55% | |
| Insurance Brokers | 0% | |
| Life and Health Insurance | 0% | |
| Reinsurance | 0% | |
| General Insurance | -1.19% | |
Industry PE
- Investors are most optimistic about the General Insurance industry even though it's trading below its 3-year average PE ratio of 10.7x.
- Analysts are expecting annual earnings growth of 19.0%, which is lower than the prior year's growth of 150.5% per year.
- Investors are most pessimistic about the Property and Casualty Insurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 19% over the next 5 years.
- However this is lower than its past earnings growth rate of 151% per year.
- In contrast, the General Insurance industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| CLIS Clal Insurance Enterprises Holdings | ₪61.22 | 0.4% +₪20.9m | 9.6% | PE8.7x | |
| LBRA Libra Insurance | ₪6.44 | 2.6% +₪7.8m | 145.6% | PE8.4x |