Megureit Israel Past Earnings Performance
Past criteria checks 1/6
Megureit Israel has been growing earnings at an average annual rate of 43.6%, while the Residential REITs industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 38.1% per year. Megureit Israel's return on equity is 3.4%, and it has net margins of 89.4%.
Key information
43.6%
Earnings growth rate
23.5%
EPS growth rate
| Residential REITs Industry Growth | 11.2% |
| Revenue growth rate | 38.1% |
| Return on equity | 3.4% |
| Net Margin | 89.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Megureit Israel makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 58 | 51 | 69 | 0 |
| 30 Sep 23 | 55 | 89 | 41 | 0 |
| 30 Jun 23 | 53 | 147 | 40 | 0 |
| 31 Mar 23 | 50 | 191 | 39 | 0 |
| 31 Dec 22 | 47 | 231 | 40 | 0 |
| 30 Sep 22 | 43 | 217 | 40 | 0 |
| 30 Jun 22 | 40 | 278 | 38 | 0 |
| 31 Mar 22 | 36 | 238 | 38 | 0 |
| 31 Dec 21 | 32 | 190 | 36 | 0 |
| 30 Sep 21 | 28 | 161 | 35 | 0 |
| 30 Jun 21 | 24 | 37 | 34 | 0 |
| 31 Mar 21 | 21 | 33 | 31 | 0 |
| 31 Dec 20 | 20 | 15 | 28 | 0 |
| 30 Sep 20 | 19 | -23 | 24 | 0 |
| 30 Jun 20 | 18 | -7 | 21 | 0 |
| 31 Mar 20 | 16 | -20 | 19 | 0 |
| 31 Dec 19 | 14 | 22 | 17 | 0 |
| 30 Sep 19 | 11 | 20 | 16 | 0 |
| 30 Jun 19 | 9 | 18 | 16 | 0 |
| 31 Mar 19 | 6 | 16 | 16 | 0 |
| 31 Dec 18 | 4 | 17 | 15 | 0 |
| 30 Sep 18 | 2 | 16 | 10 | 0 |
| 30 Jun 18 | 1 | 2 | 7 | 0 |
| 31 Mar 18 | 0 | 11 | 5 | 0 |
| 31 Dec 17 | 0 | -10 | 7 | 0 |
| 30 Sep 17 | 0 | -9 | 7 | 0 |
Quality Earnings: MGRT has a large one-off gain of ₪128.8M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MGRT's current net profit margins (89.4%) are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGRT's earnings have grown significantly by 43.6% per year over the past 5 years.
Accelerating Growth: MGRT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MGRT had negative earnings growth (-77.7%) over the past year, making it difficult to compare to the Residential REITs industry average (5.4%).
Return on Equity
High ROE: MGRT's Return on Equity (3.4%) is considered low.