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FIBI

F.I.B.I. Holdings TASE:FIBIH Stock Report

Last Price

₪160.50

Market Cap

₪5.7b

7D

6.5%

1Y

32.2%

Updated

12 Aug, 2022

Data

Company Financials
FIBIH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends3/6

FIBIH Stock Overview

F.I.B.I. Holdings Ltd operates as the holding company for The First International Bank of Israel Ltd.

F.I.B.I. Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for F.I.B.I. Holdings
Historical stock prices
Current Share Price₪160.50
52 Week High₪161.00
52 Week Low₪120.20
Beta0.32
1 Month Change5.38%
3 Month Change14.48%
1 Year Change32.21%
3 Year Change52.42%
5 Year Change98.91%
Change since IPO871.12%

Recent News & Updates

Jun 07
With EPS Growth And More, F.I.B.I. Holdings (TLV:FIBIH) Is Interesting

With EPS Growth And More, F.I.B.I. Holdings (TLV:FIBIH) Is Interesting

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Feb 21
I Ran A Stock Scan For Earnings Growth And F.I.B.I. Holdings (TLV:FIBIH) Passed With Ease

I Ran A Stock Scan For Earnings Growth And F.I.B.I. Holdings (TLV:FIBIH) Passed With Ease

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

FIBIHIL BanksIL Market
7D6.5%4.4%4.4%
1Y32.2%25.8%17.1%

Return vs Industry: FIBIH exceeded the IL Banks industry which returned 25.8% over the past year.

Return vs Market: FIBIH exceeded the IL Market which returned 17.1% over the past year.

Price Volatility

Is FIBIH's price volatile compared to industry and market?
FIBIH volatility
FIBIH Average Weekly Movement3.6%
Banks Industry Average Movement3.8%
Market Average Movement5.3%
10% most volatile stocks in IL Market8.8%
10% least volatile stocks in IL Market3.6%

Stable Share Price: FIBIH is less volatile than 75% of IL stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FIBIH's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19723,645Kobe Sithttps://www.fibi.co.il

F.I.B.I. Holdings Ltd operates as the holding company for The First International Bank of Israel Ltd. that provides various banking products and services in Israel and internationally. The company operates through three divisions: Corporate, Banking, and Customer Asset.

F.I.B.I. Holdings Fundamentals Summary

How do F.I.B.I. Holdings's earnings and revenue compare to its market cap?
FIBIH fundamental statistics
Market Cap₪5.69b
Earnings (TTM)₪684.00m
Revenue (TTM)₪4.82b

8.3x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FIBIH income statement (TTM)
Revenue₪4.82b
Cost of Revenue₪0
Gross Profit₪4.82b
Other Expenses₪4.13b
Earnings₪684.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)19.29
Gross Margin100.00%
Net Profit Margin14.20%
Debt/Equity Ratio58.6%

How did FIBIH perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

65%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

FIBIH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

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

FIBIH PE Ratio vs Peers
The above table shows the PE ratio for FIBIH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.5x
FIBI First International Bank of Israel
10.3x0.3%₪14.7b
DSCT Israel Discount Bank
8x2.6%₪24.8b
JBNK Bank of Jerusalem
6.7xn/a₪935.8m
MZTF Mizrahi Tefahot Bank
9x2.5%₪33.1b
FIBIH F.I.B.I. Holdings
8.3xn/a₪5.7b

Price-To-Earnings vs Peers: FIBIH is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (8.5x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: FIBIH is expensive based on its Price-To-Earnings Ratio (8.3x) compared to the IL Banks industry average (8.2x)


Price to Earnings Ratio vs Fair Ratio

What is FIBIH'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.

FIBIH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.3x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: FIBIH (₪160.5) is trading below our estimate of fair value (₪174.75)

Significantly Below Fair Value: FIBIH is trading below fair value, but not by a significant amount.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is F.I.B.I. Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


1.1%

Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as F.I.B.I. Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has F.I.B.I. Holdings performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


16.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FIBIH has high quality earnings.

Growing Profit Margin: FIBIH's current net profit margins (14.2%) are higher than last year (10.7%).


Past Earnings Growth Analysis

Earnings Trend: FIBIH's earnings have grown by 16.7% per year over the past 5 years.

Accelerating Growth: FIBIH's earnings growth over the past year (61.7%) exceeds its 5-year average (16.7% per year).

Earnings vs Industry: FIBIH earnings growth over the past year (61.7%) underperformed the Banks industry 80.7%.


Return on Equity

High ROE: FIBIH's Return on Equity (14.3%) is considered low.


Discover strong past performing companies

Financial Health

How is F.I.B.I. Holdings's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

4/6

Financial Health Score 4/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: FIBIH's Assets to Equity ratio (17.7x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if FIBIH has a sufficient allowance for bad loans.

Low Risk Liabilities: 94% of FIBIH's liabilities are made up of primarily low risk sources of funding.

Loan Level: FIBIH has an appropriate level of Loans to Assets ratio (59%).

Low Risk Deposits: FIBIH's Loans to Deposits ratio (67%) is appropriate.

Level of Bad Loans: Insufficient data to determine if FIBIH has an appropriate level of bad loans.


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Dividend

What is F.I.B.I. Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.38%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: FIBIH's dividend (6.38%) is higher than the bottom 25% of dividend payers in the IL market (1.81%).

High Dividend: FIBIH's dividend (6.38%) is in the top 25% of dividend payers in the IL market (6.05%)


Stability and Growth of Payments

Stable Dividend: FIBIH has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: FIBIH's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64.7%), FIBIH's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

13.3yrs

Average management tenure


CEO

Kobe Sit (47 yo)

13.33yrs

Tenure

Mr. Kobe Sit is Chief Executive Officer of F.I.B.I. Holdings Ltd., since April 1, 2009.


Leadership Team

Experienced Management: FIBIH's management team is seasoned and experienced (13.3 years average tenure).


Board Members

Experienced Board: FIBIH's board of directors are considered experienced (8.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

F.I.B.I. Holdings Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: F.I.B.I. Holdings Ltd
  • Ticker: FIBIH
  • Exchange: TASE
  • Founded: 1972
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: ₪5.690b
  • Shares outstanding: 35.45m
  • Website: https://www.fibi.co.il

Number of Employees


Location

  • F.I.B.I. Holdings Ltd
  • 42, Rothschild Boulevard
  • Tel Aviv
  • 6688310
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/11 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.