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More Provident Funds TASE:MPP Stock Report

Last Price

₪5.02

Market Cap

₪643.5m

7D

-0.1%

1Y

-9.3%

Updated

13 Jun, 2024

Data

Company Financials

More Provident Funds Ltd

TASE:MPP Stock Report

Market Cap: ₪643.5m

MPP Stock Overview

A provident fund management company, provides various long-term savings products in Israel.

MPP fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends1/6

More Provident Funds Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for More Provident Funds
Historical stock prices
Current Share Price₪5.02
52 Week High₪6.50
52 Week Low₪3.55
Beta0.66
1 Month Change2.45%
3 Month Change3.27%
1 Year Change-9.33%
3 Year Changen/a
5 Year Changen/a
Change since IPO-28.02%

Recent News & Updates

Recent updates

Shareholder Returns

MPPIL Capital MarketsIL Market
7D-0.1%-0.2%-1.2%
1Y-9.3%-2.7%-3.5%

Return vs Industry: MPP underperformed the IL Capital Markets industry which returned -2.7% over the past year.

Return vs Market: MPP underperformed the IL Market which returned -3.5% over the past year.

Price Volatility

Is MPP's price volatile compared to industry and market?
MPP volatility
MPP Average Weekly Movement2.9%
Capital Markets Industry Average Movement3.9%
Market Average Movement4.4%
10% most volatile stocks in IL Market8.0%
10% least volatile stocks in IL Market3.3%

Stable Share Price: MPP has not had significant price volatility in the past 3 months.

Volatility Over Time: MPP's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013139Eldad Zinmanwww.moreinvest.co.il

More Provident Funds Ltd., a provident fund management company, provides various long-term savings products in Israel. It offers savings and benefit provident funds, investment provident funds, education funds, and savings plans for children. The company was founded in 2013 and is based in Ramat Gan, Israel.

More Provident Funds Ltd Fundamentals Summary

How do More Provident Funds's earnings and revenue compare to its market cap?
MPP fundamental statistics
Market cap₪643.52m
Earnings (TTM)₪43.16m
Revenue (TTM)₪469.19m

14.9x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MPP income statement (TTM)
Revenue₪469.19m
Cost of Revenue₪232.11m
Gross Profit₪237.09m
Other Expenses₪193.92m
Earnings₪43.16m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.34
Gross Margin50.53%
Net Profit Margin9.20%
Debt/Equity Ratio80.1%

How did MPP perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

n/a

Payout Ratio
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