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Israeli (TA) General Insurance Industry Analysis
UpdatedNov 19, 2024
DataAggregated Company Financials
Companies8
- 7D5.5%
- 3M28.6%
- 1Y52.0%
- YTDn/a
All of the companies in the General Insurance industry have been up over the last week, with the industry up 4.4%. In the last 12 months, the industry was up 51%. Looking forward, earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Israeli General Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 19 Nov 2024 | ₪44.9b | ₪124.5b | ₪5.5b | 8.5x | 8.1x | 0.4x |
| Thu, 17 Oct 2024 | ₪38.1b | ₪124.5b | ₪5.5b | 7.2x | 6.9x | 0.3x |
| Sat, 14 Sep 2024 | ₪36.2b | ₪124.5b | ₪5.5b | 7x | 6.5x | 0.3x |
| Mon, 12 Aug 2024 | ₪34.0b | ₪136.9b | ₪3.7b | 8.9x | 9.1x | 0.2x |
| Wed, 10 Jul 2024 | ₪34.6b | ₪136.9b | ₪3.7b | 8.9x | 9.3x | 0.3x |
| Fri, 07 Jun 2024 | ₪31.6b | ₪126.0b | ₪3.0b | 9.8x | 10.5x | 0.3x |
| Sun, 05 May 2024 | ₪33.9b | ₪121.1b | ₪2.8b | 11.1x | 11.9x | 0.3x |
| Tue, 02 Apr 2024 | ₪36.4b | ₪118.8b | ₪2.6b | 12.7x | 13.8x | 0.3x |
| Thu, 29 Feb 2024 | ₪35.6b | ₪113.6b | ₪2.0b | 12.6x | 17.4x | 0.3x |
| Sat, 27 Jan 2024 | ₪32.1b | ₪113.6b | ₪2.0b | 10.5x | 15.7x | 0.3x |
| Mon, 25 Dec 2023 | ₪32.3b | ₪113.6b | ₪2.0b | 10.7x | 15.8x | 0.3x |
| Wed, 22 Nov 2023 | ₪29.9b | ₪99.9b | ₪1.9b | 11.3x | 16x | 0.3x |
| Fri, 20 Oct 2023 | ₪29.3b | ₪99.9b | ₪1.9b | 11.5x | 15.6x | 0.3x |
| Sun, 17 Sep 2023 | ₪32.9b | ₪99.9b | ₪1.9b | 12.3x | 17.6x | 0.3x |
| Tue, 15 Aug 2023 | ₪30.9b | ₪58.2b | ₪966.6m | 12.5x | 32x | 0.5x |
| Thu, 13 Jul 2023 | ₪32.6b | ₪58.2b | ₪966.6m | 13.2x | 33.7x | 0.6x |
| Sat, 10 Jun 2023 | ₪31.8b | ₪58.2b | ₪966.6m | 13.2x | 32.9x | 0.5x |
| Mon, 08 May 2023 | ₪32.8b | ₪51.9b | ₪4.2b | 7.7x | 7.9x | 0.6x |
| Wed, 05 Apr 2023 | ₪29.2b | ₪53.9b | ₪4.2b | 7x | 7x | 0.5x |
| Fri, 03 Mar 2023 | ₪30.0b | ₪63.1b | ₪4.8b | 7.1x | 6.3x | 0.5x |
| Sun, 29 Jan 2023 | ₪31.5b | ₪63.1b | ₪4.8b | 7.5x | 6.6x | 0.5x |
| Tue, 27 Dec 2022 | ₪30.3b | ₪63.1b | ₪4.8b | 6.9x | 6.4x | 0.5x |
| Thu, 24 Nov 2022 | ₪32.6b | ₪78.3b | ₪5.2b | 8.1x | 6.2x | 0.4x |
| Sat, 22 Oct 2022 | ₪32.8b | ₪78.3b | ₪5.2b | 8.6x | 6.3x | 0.4x |
| Mon, 19 Sep 2022 | ₪34.5b | ₪78.3b | ₪5.2b | 9.3x | 6.6x | 0.4x |
| Wed, 17 Aug 2022 | ₪36.7b | ₪118.9b | ₪7.9b | 5.3x | 4.6x | 0.3x |
| Fri, 15 Jul 2022 | ₪32.4b | ₪118.9b | ₪7.9b | 4.5x | 4.1x | 0.3x |
| Sun, 12 Jun 2022 | ₪32.7b | ₪130.1b | ₪7.0b | 4.6x | 4.6x | 0.3x |
| Tue, 10 May 2022 | ₪34.0b | ₪138.1b | ₪6.5b | 5.6x | 5.2x | 0.2x |
| Thu, 07 Apr 2022 | ₪38.7b | ₪139.4b | ₪6.6b | 6.9x | 5.9x | 0.3x |
| Sat, 05 Mar 2022 | ₪36.4b | ₪143.6b | ₪6.4b | 6.6x | 5.7x | 0.3x |
| Mon, 31 Jan 2022 | ₪36.8b | ₪143.6b | ₪6.4b | 7x | 5.7x | 0.3x |
| Wed, 29 Dec 2021 | ₪36.1b | ₪143.6b | ₪6.4b | 6.6x | 5.6x | 0.3x |
| Fri, 26 Nov 2021 | ₪35.6b | ₪147.4b | ₪6.3b | 6.2x | 5.7x | 0.2x |
Price to Earnings Ratio
5.7x
Current Industry PE
- Investors are pessimistic on the Israeli Multi-line 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 8.1x 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 Multi-line Insurance industry have declined 4.1% per year over the last three years,
- Revenues have also declined 5.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Israeli General Insurance compare with similar industries?
| IL Market | 1.92% | |
| Financials | 2.19% | |
| Insurance | 5.52% | |
| General Insurance | 5.50% | |
| Property and Casualty Insurance | 6.28% | |
| Insurance Brokers | 0% | |
| Life and Health Insurance | 0% | |
| Reinsurance | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 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 | |
| MGDL Migdal Insurance and Financial Holdings | ₪6.56 | 5.0% +₪330.9m | 57.7% | PE5.7x |