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CLIS

Clal Insurance Enterprises Holdings TASE:CLIS Stock Report

Last Price

₪66.80

Market Cap

₪4.9b

7D

0%

1Y

-1.9%

Updated

17 Aug, 2022

Data

Company Financials
CLIS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

CLIS Stock Overview

Clal Insurance Enterprises Holdings Ltd. provides insurance services in Israel.

Clal Insurance Enterprises Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Clal Insurance Enterprises Holdings
Historical stock prices
Current Share Price₪66.80
52 Week High₪85.31
52 Week Low₪59.12
Beta0.91
1 Month Change0.91%
3 Month Change7.83%
1 Year Change-1.91%
3 Year Change25.35%
5 Year Change17.23%
Change since IPO460.87%

Recent News & Updates

Jun 27
Not Many Are Piling Into Clal Insurance Enterprises Holdings Ltd. (TLV:CLIS) Just Yet

Not Many Are Piling Into Clal Insurance Enterprises Holdings Ltd. (TLV:CLIS) Just Yet

With a price-to-earnings (or "P/E") ratio of 4x Clal Insurance Enterprises Holdings Ltd. ( TLV:CLIS ) may be sending...

May 31
Is Now The Time To Put Clal Insurance Enterprises Holdings (TLV:CLIS) On Your Watchlist?

Is Now The Time To Put Clal Insurance Enterprises Holdings (TLV:CLIS) On Your Watchlist?

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

Feb 21
Do Clal Insurance Enterprises Holdings's (TLV:CLIS) Earnings Warrant Your Attention?

Do Clal Insurance Enterprises Holdings's (TLV:CLIS) Earnings Warrant Your Attention?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

CLISIL InsuranceIL Market
7D0%2.1%1.8%
1Y-1.9%11.0%16.8%

Return vs Industry: CLIS underperformed the IL Insurance industry which returned 11% over the past year.

Return vs Market: CLIS underperformed the IL Market which returned 16.8% over the past year.

Price Volatility

Is CLIS's price volatile compared to industry and market?
CLIS volatility
CLIS Average Weekly Movement5.1%
Insurance Industry Average Movement5.2%
Market Average Movement5.3%
10% most volatile stocks in IL Market8.9%
10% least volatile stocks in IL Market3.6%

Stable Share Price: CLIS is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CLIS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19874,200Yoram Navehhttps://www.clalbit.co.il

Clal Insurance Enterprises Holdings Ltd. provides insurance services in Israel. It operates through three segments: Long-Term Savings, Non-Life insurance, and Health Insurance.

Clal Insurance Enterprises Holdings Fundamentals Summary

How do Clal Insurance Enterprises Holdings's earnings and revenue compare to its market cap?
CLIS fundamental statistics
Market Cap₪4.95b
Earnings (TTM)₪1.23b
Revenue (TTM)₪21.47b

4.0x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CLIS income statement (TTM)
Revenue₪21.47b
Cost of Revenue₪18.33b
Gross Profit₪3.15b
Other Expenses₪1.92b
Earnings₪1.23b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)16.56
Gross Margin14.65%
Net Profit Margin5.71%
Debt/Equity Ratio62.1%

How did CLIS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CLIS 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 CLIS?

Other financial metrics that can be useful for relative valuation.

CLIS 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 CLIS's PE Ratio compare to its peers?

CLIS PE Ratio vs Peers
The above table shows the PE ratio for CLIS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average4.8x
MGDL Migdal Insurance and Financial Holdings
3.1xn/a₪6.1b
MMHD Menora Mivtachim Holdings
6.7xn/a₪5.0b
HARL Harel Insurance Investments & Financial Services
5.2xn/a₪8.2b
PHOE Phoenix Holdings
4.2x-10.3%₪9.7b
CLIS Clal Insurance Enterprises Holdings
4xn/a₪4.9b

Price-To-Earnings vs Peers: CLIS is good value based on its Price-To-Earnings Ratio (4x) compared to the peer average (4.8x).


Price to Earnings Ratio vs Industry

How does CLIS's PE Ratio compare vs other companies in the Asian Insurance Industry?

Price-To-Earnings vs Industry: CLIS is good value based on its Price-To-Earnings Ratio (4x) compared to the IL Insurance industry average (5.3x)


Price to Earnings Ratio vs Fair Ratio

What is CLIS'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.

CLIS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: CLIS (₪66.8) is trading above our estimate of fair value (₪24.55)

Significantly Below Fair Value: CLIS is trading above our estimate of fair value.


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 Clal Insurance Enterprises 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


13.4%

Forecasted Insurance 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 Clal Insurance Enterprises 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 Clal Insurance Enterprises Holdings performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


28.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CLIS has high quality earnings.

Growing Profit Margin: CLIS's current net profit margins (5.7%) are higher than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: CLIS's earnings have grown significantly by 28.5% per year over the past 5 years.

Accelerating Growth: CLIS's earnings growth over the past year (46.7%) exceeds its 5-year average (28.5% per year).

Earnings vs Industry: CLIS earnings growth over the past year (46.7%) exceeded the Insurance industry 40.8%.


Return on Equity

High ROE: CLIS's Return on Equity (14.5%) is considered low.


Discover strong past performing companies

Financial Health

How is Clal Insurance Enterprises Holdings's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CLIS's short term assets (₪107.5B) exceed its short term liabilities (₪1.5B).

Long Term Liabilities: CLIS's short term assets (₪107.5B) do not cover its long term liabilities (₪135.5B).


Debt to Equity History and Analysis

Debt Level: CLIS has more cash than its total debt.

Reducing Debt: CLIS's debt to equity ratio has reduced from 69.4% to 62.1% over the past 5 years.

Debt Coverage: CLIS's debt is well covered by operating cash flow (84.2%).

Interest Coverage: CLIS's interest payments on its debt are well covered by EBIT (8.2x coverage).


Balance Sheet


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Dividend

What is Clal Insurance Enterprises Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CLIS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CLIS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CLIS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CLIS's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: CLIS is not paying a notable dividend for the IL market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CLIS has not reported any payouts.


Discover strong dividend paying companies

Management

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

8.6yrs

Average management tenure


CEO

Yoram Naveh (51 yo)

4.08yrs

Tenure

₪3,234,000

Compensation

Mr. Yoram Naveh has been the Chief Executive Officer at Clal Insurance Enterprises Holdings Ltd. since July 01, 2018. He serves as the Chief Executive Officer of Yuval Insurance Company Ltd.(formerly know...


CEO Compensation Analysis

Compensation vs Market: Yoram's total compensation ($USD994.46K) is below average for companies of similar size in the IL market ($USD1.57M).

Compensation vs Earnings: Yoram's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CLIS's management team is seasoned and experienced (8.6 years average tenure).


Board Members

Experienced Board: CLIS's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 9.5%.


Top Shareholders

Company Information

Clal Insurance Enterprises Holdings Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Clal Insurance Enterprises Holdings Ltd.
  • Ticker: CLIS
  • Exchange: TASE
  • Founded: 1987
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Implied Market Cap: ₪4.947b
  • Shares outstanding: 74.06m
  • Website: https://www.clalbit.co.il

Number of Employees


Location

  • Clal Insurance Enterprises Holdings Ltd.
  • 36 Raul Wallenberg Street
  • PO Box 37070
  • Tel Aviv
  • 6136902
  • Israel

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/17 00:00
End of Day Share Price2022/08/17 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.