Israel Discount Bank Limited

TASE:DSCT Stock Report

Market Cap: ₪29.1b

Israel Discount Bank Valuation

Is DSCT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DSCT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DSCT (₪23.52) is trading below our estimate of fair value (₪44.41)

Significantly Below Fair Value: DSCT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DSCT?

Key metric: As DSCT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DSCT. This is calculated by dividing DSCT's market cap by their current earnings.
What is DSCT's PE Ratio?
PE Ratio7x
Earnings₪4.15b
Market Cap₪29.09b

Price to Earnings Ratio vs Peers

How does DSCT's PE Ratio compare to its peers?

The above table shows the PE ratio for DSCT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average7.6x
MZTF Mizrahi Tefahot Bank
8.4xn/a₪41.1b
FIBI First International Bank of Israel
8.1xn/a₪17.3b
POLI Bank Hapoalim B.M
7xn/a₪54.9b
LUMI Bank Leumi le-Israel B.M
6.7xn/a₪61.3b
DSCT Israel Discount Bank
7xn/a₪29.1b

Price-To-Earnings vs Peers: DSCT is good value based on its Price-To-Earnings Ratio (7x) compared to the peer average (7.6x).

Price to Earnings Ratio vs Industry

How does DSCT's PE Ratio compare vs other companies in the Asian Banks Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DSCT 7.0xIndustry Avg. 8.4xNo. of Companies79PE0612182430+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DSCT is good value based on its Price-To-Earnings Ratio (7x) compared to the Asian Banks industry average (8.4x).

Price to Earnings Ratio vs Fair Ratio

What is DSCT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DSCT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DSCT's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DSCT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₪23.52
₪26.38
+12.1%
12.5%₪31.00₪22.00n/a4
Nov ’25₪22.03
₪25.50
+15.8%
13.2%₪31.00₪22.00n/a4
Oct ’25₪20.49
₪25.50
+24.5%
13.2%₪31.00₪22.00n/a4
Sep ’25₪19.96
₪25.50
+27.8%
13.2%₪31.00₪22.00n/a4
Aug ’25₪18.78
₪25.00
+33.1%
10.2%₪29.00₪22.00n/a4
Jul ’25₪19.06
₪24.85
+30.4%
11.0%₪29.00₪21.40n/a4
Jun ’25₪18.99
₪24.35
+28.2%
11.7%₪29.00₪21.40n/a4
May ’25₪18.99
₪24.10
+26.9%
12.0%₪29.00₪21.40n/a4
Apr ’25₪19.23
₪24.10
+25.3%
12.0%₪29.00₪21.40n/a4
Mar ’25₪18.62
₪24.60
+32.1%
11.6%₪29.00₪21.40n/a4
Feb ’25₪17.50
₪24.60
+40.6%
11.6%₪29.00₪21.40n/a4
Jan ’25₪18.72
₪24.85
+32.7%
13.0%₪30.00₪21.40n/a4
Dec ’24₪17.97
₪25.10
+39.7%
14.5%₪31.00₪21.40n/a4
Nov ’24₪18.19
₪27.35
+50.4%
14.6%₪31.00₪21.40₪22.034
Oct ’24₪21.35
₪27.35
+28.1%
14.6%₪31.00₪21.40₪20.494
Sep ’24₪19.05
₪27.35
+43.6%
14.6%₪31.00₪21.40₪19.964
Aug ’24₪19.38
₪26.73
+37.9%
16.2%₪31.00₪21.40₪18.784
Jul ’24₪18.40
₪26.95
+46.5%
19.4%₪33.00₪20.30₪19.064
Jun ’24₪17.70
₪26.95
+52.3%
19.4%₪33.00₪20.30₪18.994
May ’24₪17.82
₪26.18
+46.9%
17.3%₪31.90₪20.30₪18.994
Apr ’24₪17.55
₪26.54
+51.2%
15.5%₪31.90₪20.30₪19.235
Mar ’24₪17.68
₪26.54
+50.1%
15.5%₪31.90₪20.30₪18.625
Feb ’24₪17.47
₪26.34
+50.8%
15.3%₪31.90₪20.30₪17.505
Jan ’24₪18.14
₪26.34
+45.2%
15.3%₪31.90₪20.30₪18.725
Dec ’23₪20.28
₪26.24
+29.4%
15.2%₪31.90₪20.30₪17.975
Nov ’23₪20.12
₪25.36
+26.0%
13.9%₪29.00₪20.30₪18.195

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

F.I.B.I. Holdings

₪6.4b

Operates as the holding company for The First International Bank of Israel Ltd.

FIBIH

₪179.70

7D

0.2%

1Y

9.0%

Mizrahi Tefahot Bank

₪41.1b

Provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel, Switzerland, and internationally.

MZTF

₪159.00

7D

-0.8%

1Y

15.1%

First International Bank of Israel

₪17.3b

Provides various financial and banking services to individuals, households, and businesses in Israel.

FIBI

₪172.00

7D

-1.0%

1Y

11.0%