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Israeli (TA) Insurance Industry Analysis

UpdatedMar 29, 2024
DataAggregated Company Financials
Companies10
  • 7D-2.3%
  • 3M12.7%
  • 1Y21.5%
  • YTD7.6%

The Insurance industry is up 2.2% in the last week, with Wesure Global Tech up 23%. In the last 12 months, the industry was up 24%. As for the next few years, earnings are expected to grow by 51% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 Mar 2024₪36.3b₪121.4b₪2.7b12x13.3x0.3x
Sun, 25 Feb 2024₪33.8b₪117.0b₪2.1b11.2x16.3x0.3x
Tue, 23 Jan 2024₪32.3b₪117.0b₪2.1b10.2x15.6x0.3x
Thu, 21 Dec 2023₪33.2b₪117.0b₪2.1b10.8x16x0.3x
Sat, 18 Nov 2023₪29.5b₪103.0b₪1.9b11.2x15.5x0.3x
Mon, 16 Oct 2023₪29.2b₪103.0b₪1.9b10.9x15.4x0.3x
Wed, 13 Sep 2023₪33.2b₪103.0b₪1.9b12.3x17.4x0.3x
Fri, 11 Aug 2023₪32.0b₪60.3b₪989.3m12.1x32.4x0.5x
Sun, 09 Jul 2023₪32.0b₪60.3b₪989.3m12x32.3x0.5x
Tue, 06 Jun 2023₪31.5b₪59.1b₪1.1b10.4x27.6x0.5x
Thu, 04 May 2023₪33.1b₪53.3b₪4.2b7.4x7.9x0.6x
Sat, 01 Apr 2023₪29.8b₪54.0b₪4.1b7.1x7.2x0.6x
Mon, 27 Feb 2023₪29.4b₪63.3b₪4.8b6.8x6.2x0.5x
Wed, 25 Jan 2023₪33.4b₪63.3b₪4.8b7.8x7x0.5x
Fri, 23 Dec 2022₪31.5b₪63.4b₪4.8b7.2x6.6x0.5x
Sun, 20 Nov 2022₪32.3b₪78.6b₪5.2b8.4x6.2x0.4x
Tue, 18 Oct 2022₪33.2b₪78.6b₪5.2b8.6x6.3x0.4x
Thu, 15 Sep 2022₪35.7b₪91.1b₪5.9b6.8x6.1x0.4x
Sat, 13 Aug 2022₪37.1b₪119.0b₪7.9b5.3x4.7x0.3x
Mon, 11 Jul 2022₪33.8b₪119.0b₪7.9b4.8x4.3x0.3x
Wed, 08 Jun 2022₪33.7b₪130.3b₪7.0b5.1x4.8x0.3x
Fri, 06 May 2022₪36.9b₪138.2b₪6.5b6.3x5.7x0.3x
Sun, 03 Apr 2022₪39.0b₪139.5b₪6.6b7.1x5.9x0.3x
Tue, 01 Mar 2022₪38.1b₪143.7b₪6.4b7.4x5.9x0.3x
Thu, 27 Jan 2022₪37.5b₪143.7b₪6.4b7.2x5.8x0.3x
Sat, 25 Dec 2021₪36.3b₪143.7b₪6.4b6.8x5.6x0.3x
Mon, 22 Nov 2021₪36.7b₪147.5b₪6.3b6.7x5.9x0.2x
Wed, 20 Oct 2021₪35.5b₪147.5b₪6.3b6.3x5.7x0.2x
Fri, 17 Sep 2021₪34.2b₪147.5b₪6.3b5.6x5.4x0.2x
Sun, 15 Aug 2021₪32.9b₪147.4b₪6.3b5.9x5.2x0.2x
Thu, 10 Jun 2021₪32.1b₪146.5b₪5.7b6.1x5.7x0.2x
Price to Earnings Ratio

5.3x


Total Market Cap: ₪30.2bTotal Earnings: ₪5.7bTotal Revenue: ₪146.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Israeli Insurance Industry Price to Earnings3Y Average 9.9x202220232024
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 16.4x which is higher than its 3-year average PE of 9.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.34x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have declined 26% per year over the last three years,
  • Revenues have also declined 6.7% 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-0.077%
Financials1.50%
Insurance-2.25%
Property and Casualty Insurance13.34%
Insurance Brokers0%
Life and Health Insurance0%
Reinsurance0%
General Insurance-2.43%
Industry PE
  • Investors are most optimistic about the General Insurance industry which is trading above its 3-year average PE ratio of 9.9x.
    • Analysts are expecting annual earnings growth of 50.6%, which is higher than its past year's earnings decline of 37.7% 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 51% over the next 5 years.
  • This is better than its past earnings decline of 38% per year.
  • In contrast, the General Insurance industry is expected to see its earnings grow by 51% 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
WESR Wesure Global Tech₪2.3022.7%
+₪47.4m
88.3%PE8.5x
ZUR Zur Shamir Holdings₪6.505.3%
+₪21.3m
17.4%PS0.1x
LBRA Libra Insurance₪4.263.5%
+₪7.0m
33.5%PE22.5x
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Latest News

WESR

₪2.30

Wesure Global Tech

7D

22.7%

1Y

88.3%

LBRA

₪4.26

Libra Insurance

7D

3.5%

1Y

33.5%

PHOE

₪36.72

Phoenix Holdings

7D

-2.5%

1Y

3.1%

AYAL

₪19.95

Ayalon Insurance

7D

-0.8%

1Y

54.3%

MGDL

₪5.08

Migdal Insurance and Financial Holdings

7D

-2.5%

1Y

32.7%

IDIN

₪107.50

I.D.I. Insurance

7D

-6.8%

1Y

21.7%

MMHD

₪98.80

Menora Mivtachim Holdings

7D

-2.6%

1Y

35.3%

ZUR

₪6.50

Zur Shamir Holdings

7D

5.3%

1Y

17.4%