MGDL Stock Overview
Migdal Insurance and Financial Holdings Ltd., together with its subsidiaries, provides insurance, pension, and financial services for private and corporate customers in Israel.
Migdal Insurance and Financial Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₪5.05|
|52 Week High||₪5.64|
|52 Week Low||₪2.91|
|1 Month Change||-6.48%|
|3 Month Change||13.61%|
|1 Year Change||64.01%|
|3 Year Change||17.44%|
|5 Year Change||78.51%|
|Change since IPO||140.48%|
Recent News & Updates
Should You Buy Migdal Insurance and Financial Holdings Ltd. (TLV:MGDL) For Its Dividend?
Is Migdal Insurance and Financial Holdings Ltd. ( TLV:MGDL ) a good dividend stock? How can we tell? Dividend paying...
|MGDL||IL Insurance||IL Market|
Return vs Industry: MGDL exceeded the IL Insurance industry which returned 53.7% over the past year.
Return vs Market: MGDL exceeded the IL Market which returned 40.1% over the past year.
|MGDL Average Weekly Movement||3.8%|
|Insurance Industry Average Movement||3.8%|
|Market Average Movement||4.4%|
|10% most volatile stocks in IL Market||8.1%|
|10% least volatile stocks in IL Market||2.7%|
Stable Share Price: MGDL is not significantly more volatile than the rest of IL stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MGDL's weekly volatility (4%) has been stable over the past year.
About the Company
Migdal Insurance and Financial Holdings Ltd., together with its subsidiaries, provides insurance, pension, and financial services for private and corporate customers in Israel. The company deals and manages pension plans, life and health insurance products, pensions, and financial business plans; and provides personal accident and mortgage insurance solutions, and savings, as well as insurance agency services. It also markets investments; operates nostro accounts; and manages financial assets, including mutual funds and portfolios, as well as engages in the investment banking and distribution activities.
Migdal Insurance and Financial Holdings Fundamentals Summary
|MGDL fundamental statistics|
Is MGDL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MGDL income statement (TTM)|
|Cost of Revenue||₪36.65b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.02|
|Net Profit Margin||2.71%|
How did MGDL perform over the long term?See historical performance and comparison
0.9%Current Dividend Yield
Is Migdal Insurance and Financial Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MGDL (₪5.05) is trading above our estimate of fair value (₪3.81)
Significantly Below Fair Value: MGDL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MGDL is good value based on its PE Ratio (4.9x) compared to the IL Insurance industry average (6.8x).
PE vs Market: MGDL is good value based on its PE Ratio (4.9x) compared to the IL market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MGDL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MGDL is good value based on its PB Ratio (0.7x) compared to the IL Insurance industry average (0.9x).
How is Migdal Insurance and Financial Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Migdal Insurance and Financial 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.
How has Migdal Insurance and Financial Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MGDL has high quality earnings.
Growing Profit Margin: MGDL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MGDL has become profitable over the past 5 years, growing earnings by -3.6% per year.
Accelerating Growth: MGDL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MGDL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (679.9%).
Return on Equity
High ROE: MGDL's Return on Equity (14.5%) is considered low.
How is Migdal Insurance and Financial Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: MGDL's short term assets (₪151.0B) exceed its short term liabilities (₪1.5B).
Long Term Liabilities: MGDL's short term assets (₪151.0B) do not cover its long term liabilities (₪183.6B).
Debt to Equity History and Analysis
Debt Level: MGDL has more cash than its total debt.
Reducing Debt: MGDL's debt to equity ratio has increased from 57.8% to 78.8% over the past 5 years.
Debt Coverage: MGDL's debt is well covered by operating cash flow (50.5%).
Interest Coverage: MGDL's interest payments on its debt are well covered by EBIT (12x coverage).
What is Migdal Insurance and Financial Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MGDL's dividend (0.88%) isn’t notable compared to the bottom 25% of dividend payers in the IL market (1.76%).
High Dividend: MGDL's dividend (0.88%) is low compared to the top 25% of dividend payers in the IL market (5.25%).
Stability and Growth of Payments
Stable Dividend: MGDL is not paying a notable dividend for the IL market, therefore no need to check if payments are stable.
Growing Dividend: MGDL is not paying a notable dividend for the IL market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MGDL is not paying a notable dividend for the IL market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MGDL's dividend in 3 years as they are not forecast to pay a notable one for the IL market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Moti Rosen (65 yo)
Mr. Mordechai Rosen, also known as Moti, had been Chairman at Migdal Insurance Company Limited since December 2020 until March 2021 and had been its Director since April 2020 until March 2021. He serves as...
Experienced Management: MGDL's management team is considered experienced (2.8 years average tenure).
Experienced Board: MGDL's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Migdal Insurance and Financial Holdings Ltd.'s employee growth, exchange listings and data sources
- Name: Migdal Insurance and Financial Holdings Ltd.
- Ticker: MGDL
- Exchange: TASE
- Founded: 1934
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: ₪5.322b
- Shares outstanding: 1.05b
- Website: https://www.migdal.co.il
Number of Employees
- Migdal Insurance and Financial Holdings Ltd.
- Hayetzira 2 Street
- Kiryat Aryeh
- Petah Tikva
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/24 22:41|
|End of Day Share Price||2021/11/24 00:00|
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.