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Israeli (TA) Insurance Industry Analysis

UpdatedDec 07, 2022
DataAggregated Company Financials
Companies10
  • 7D0.5%
  • 3M-6.2%
  • 1Y-9.8%
  • YTD-10.8%

In the last week, the Insurance industry is flat overall, with Phoenix Holdings standing out by going down 3.3%. Unfortunately though, the industry is down 9.8% over the past 12 months. As for the next few years, earnings are forecast to decline by 5.1% per annum.

Industry Valuation and Performance

Has the Israeli Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Dec 2022₪33.6b₪66.5b₪5.1b7.6x6.6x0.5x
Sat, 05 Nov 2022₪31.9b₪78.6b₪5.2b8.4x6.1x0.4x
Mon, 03 Oct 2022₪31.2b₪78.6b₪5.2b8.4x6x0.4x
Wed, 31 Aug 2022₪37.3b₪118.7b₪8.0b5.1x4.7x0.3x
Fri, 29 Jul 2022₪33.5b₪119.0b₪7.9b4.6x4.2x0.3x
Sun, 26 Jun 2022₪33.7b₪119.0b₪7.9b4.7x4.3x0.3x
Tue, 24 May 2022₪35.0b₪138.2b₪6.5b6x5.4x0.3x
Thu, 21 Apr 2022₪41.0b₪138.2b₪6.5b6.9x6.3x0.3x
Sat, 19 Mar 2022₪37.1b₪143.7b₪6.4b7.1x5.8x0.3x
Mon, 14 Feb 2022₪36.3b₪143.7b₪6.4b7x5.7x0.3x
Wed, 12 Jan 2022₪37.1b₪143.7b₪6.4b7.1x5.8x0.3x
Fri, 10 Dec 2021₪36.8b₪143.7b₪6.4b7.1x5.7x0.3x
Sun, 07 Nov 2021₪38.0b₪147.5b₪6.3b7x6.1x0.3x
Tue, 05 Oct 2021₪34.0b₪147.5b₪6.3b5.9x5.4x0.2x
Thu, 02 Sep 2021₪33.4b₪147.4b₪6.3b5.7x5.3x0.2x
Sat, 31 Jul 2021₪31.0b₪147.4b₪6.3b6x4.9x0.2x
Tue, 04 May 2021₪30.6b₪146.5b₪5.7b5.3x5.4x0.2x
Fri, 05 Feb 2021₪25.6b₪89.1b₪3.5b7.4x7.3x0.3x
Mon, 09 Nov 2020₪19.9b₪75.1b₪891.0m6.3x22.4x0.3x
Sun, 02 Aug 2020₪17.2b₪67.2b-₪977,740,000.0010.5x-17.6x0.3x
Wed, 06 May 2020₪19.6b₪58.6b-₪579,896,000.0013.4x-33.8x0.3x
Sat, 08 Feb 2020₪21.7b₪115.0b₪1.1b10.3x19.1x0.2x
Price to Earnings Ratio

21.5x


Total Market Cap: ₪24.4bTotal Earnings: ₪1.1bTotal Revenue: ₪115.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli Insurance Industry Price to Earnings3Y Average 3.2x20212022
Current Industry PE
  • Investors are optimistic on the Israeli Insurance industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 6.6x which is higher than its 3-year average PE of 3.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.27x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 65% per year over the last three years.
  • Meanwhile revenues for these companies have declined 17% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Israeli Financials industry?

IL Market-1.22%
Financials-2.44%
Insurance0.53%
Property and Casualty Insurance1.17%
General Insurance0.52%
Insurance Brokers0%
Life and Health Insurance0%
Reinsurance0%
Industry PE
  • Investors are most optimistic about the Property and Casualty Insurance industry which is trading above its 3-year average PE ratio of 4.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the General Insurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 3.2x.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the General Insurance industry since they expect its earnings to decline by only 5.1% per year over the next 5 years, which isn't as bad as the other industries.
  • This is an improvement from its past earnings decline of 29% per year.
  • In contrast, the General Insurance industry is expected to see its earnings decline by 5.1% 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
MGDL Migdal Insurance and Financial Holdings₪4.501.3%
+₪62.2m
-12.0%PE5.2x
IDIN I.D.I. Insurance₪83.320.3%
+₪4.3m
-29.2%PE9.8x
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Latest News

ZUR

₪8.16

Zur Shamir Holdings

7D

-4.1%

1Y

-30.5%

MGDL

₪4.50

Migdal Insurance and Financial Holdings

7D

1.3%

1Y

-12.0%

MMHD

₪70.54

Menora Mivtachim Holdings

7D

-6.0%

1Y

-7.5%

HARL

₪32.60

Harel Insurance Investments & Financial Services

7D

-2.5%

1Y

-7.3%

PHOE

₪38.06

Phoenix Holdings

7D

-3.3%

1Y

-2.3%

IDIN

₪83.32

I.D.I. Insurance

7D

0.3%

1Y

-29.2%

CLIS

₪61.50

Clal Insurance Enterprises Holdings

7D

-0.5%

1Y

-21.4%

AYAL

₪16.25

Ayalon Insurance

7D

-4.7%

1Y

-38.4%

LBRA

₪3.60

Libra Insurance

7D

-1.1%

1Y

-66.5%