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MGRT

Megureit Israel TASE:MGRT Stock Report

Last Price

₪5.24

Market Cap

₪766.3m

7D

16.1%

1Y

55.1%

Updated

21 Nov, 2024

Data

Company Financials

Megureit Israel Ltd

TASE:MGRT Stock Report

Market Cap: ₪766.3m

MGRT Stock Overview

No business description. More details

MGRT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health0/6
Dividends0/6

Rewards

Trading at 20% below our estimate of its fair value

Risk Analysis

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Profit margins are lower than last year

Shareholders have been diluted in the past year


Megureit Israel Ltd Competitors

Menivim - The New Reit

TASE:MNRT

₪1.5b

Sella Capital Real Estate

TASE:SLARL

₪1.9b

Reit 1

TASE:RIT1

₪3.5b

Urbanizadora Constructora Levantina SOCIMI

ENXTPA:MLURC

€192.9m

Price History & Performance

Summary of all time highs, changes and price drops for Megureit Israel
Historical stock prices
Current Share Price₪5.24
52 Week High₪5.42
52 Week Low₪3.18
Beta0.63
11 Month Change27.68%
3 Month Change42.31%
1 Year Change55.15%
33 Year Change-31.00%
5 Year Change-29.61%
Change since IPO-46.44%

Recent News & Updates

Recent updates

What Kind Of Shareholders Hold The Majority In Megureit Israel Ltd's (TLV:MGRT) Shares?

Mar 13
What Kind Of Shareholders Hold The Majority In Megureit Israel Ltd's (TLV:MGRT) Shares?

If You Had Bought Megureit Israel's (TLV:MGRT) Shares Three Years Ago You Would Be Down 21%

Jan 19
If You Had Bought Megureit Israel's (TLV:MGRT) Shares Three Years Ago You Would Be Down 21%

Here's What Megureit Israel Ltd's (TLV:MGRT) Shareholder Ownership Structure Looks Like

Nov 27
Here's What Megureit Israel Ltd's (TLV:MGRT) Shareholder Ownership Structure Looks Like

Shareholder Returns

MGRTIL Residential REITsIL Market
7D16.1%0.8%0.3%
1Y55.1%-1.7%23.0%

Return vs Industry: MGRT exceeded the IL Residential REITs industry which returned -1.7% over the past year.

Return vs Market: MGRT exceeded the IL Market which returned 23% over the past year.

Price Volatility

Is MGRT's price volatile compared to industry and market?
MGRT volatility
MGRT Average Weekly Movement5.0%
Residential REITs Industry Average Movement2.5%
Market Average Movement4.1%
10% most volatile stocks in IL Market7.3%
10% least volatile stocks in IL Market2.9%

Stable Share Price: MGRT has not had significant price volatility in the past 3 months compared to the IL market.

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

About the Company

FoundedEmployeesCEOWebsite
2016n/aDov Matityahun/a

Megureit Israel Ltd Fundamentals Summary

How do Megureit Israel's earnings and revenue compare to its market cap?
MGRT fundamental statistics
Market cap₪766.32m
Earnings (TTM)₪74.96m
Revenue (TTM)₪62.33m

10.2x

P/E Ratio

12.3x

P/S Ratio

Is MGRT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGRT income statement (TTM)
Revenue₪62.33m
Cost of Revenue₪4.17m
Gross Profit₪58.16m
Other Expenses-₪16.79m
Earnings₪74.96m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.51
Gross Margin93.31%
Net Profit Margin120.25%
Debt/Equity Ratio175.5%

How did MGRT perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

0%

Payout Ratio