Menivim - The New Reit Past Earnings Performance
Past criteria checks 1/6
Menivim - The New Reit has been growing earnings at an average annual rate of 38.9%, while the REITs industry saw earnings growing at 12.7% annually. Revenues have been growing at an average rate of 28.5% per year. Menivim - The New Reit's return on equity is 9.3%, and it has net margins of 73.8%.
Key information
38.9%
Earnings growth rate
16.5%
EPS growth rate
| REITs Industry Growth | 12.2% |
| Revenue growth rate | 28.5% |
| Return on equity | 9.3% |
| Net Margin | 73.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
What Type Of Shareholders Make Up Menivim - The New Reit Ltd's (TLV:MNRT) Share Registry?
Mar 16
If You Had Bought Menivim - The New Reit's (TLV:MNRT) Shares A Year Ago You Would Be Down 21%
Feb 02Do Its Financials Have Any Role To Play In Driving Menivim - The New Reit Ltd's (TLV:MNRT) Stock Up Recently?
Dec 30Is Menivim - The New Reit Ltd (TLV:MNRT) Popular Amongst Institutions?
Nov 25
Revenue & Expenses BreakdownBeta
How Menivim - The New Reit 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 | 201 | 148 | 26 | 0 |
| 30 Sep 23 | 193 | 172 | 26 | 0 |
| 30 Jun 23 | 185 | 181 | 25 | 0 |
| 31 Mar 23 | 176 | 166 | 24 | 0 |
| 31 Dec 22 | 167 | 144 | 25 | 0 |
| 30 Sep 22 | 154 | 160 | 24 | 0 |
| 30 Jun 22 | 142 | 143 | 23 | 0 |
| 31 Mar 22 | 132 | 134 | 22 | 0 |
| 31 Dec 21 | 124 | 159 | 20 | 0 |
| 30 Sep 21 | 120 | 54 | 21 | 0 |
| 30 Jun 21 | 104 | 49 | 20 | 0 |
| 31 Mar 21 | 102 | 45 | 20 | 0 |
| 31 Dec 20 | 98 | 2 | 20 | 0 |
| 30 Sep 20 | 84 | 49 | 17 | 0 |
| 30 Jun 20 | 84 | 54 | 15 | 0 |
| 31 Mar 20 | 70 | 46 | 14 | 0 |
| 31 Dec 19 | 58 | 79 | 11 | 0 |
| 30 Sep 19 | 56 | 38 | 11 | 0 |
| 30 Jun 19 | 53 | 29 | 11 | 0 |
| 31 Mar 19 | 50 | 21 | 10 | 0 |
| 31 Dec 18 | 47 | 12 | 9 | 0 |
| 30 Sep 18 | 43 | 10 | 4 | 0 |
| 30 Jun 18 | 39 | 14 | 2 | 0 |
| 31 Mar 18 | 34 | 2 | 2 | 0 |
| 31 Dec 17 | 29 | 7 | 5 | 0 |
| 30 Sep 17 | 25 | -1 | 3 | 0 |
| 30 Jun 17 | 22 | -3 | 2 | 0 |
| 31 Mar 17 | 18 | 6 | 1 | 0 |
| 31 Dec 16 | 14 | 4 | 0 | 0 |
| 31 Dec 15 | 0 | -4 | 0 | 0 |
Quality Earnings: MNRT has a large one-off gain of ₪69.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MNRT's current net profit margins (73.8%) are lower than last year (86.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MNRT's earnings have grown significantly by 38.9% per year over the past 5 years.
Accelerating Growth: MNRT's earnings growth over the past year (2.8%) is below its 5-year average (38.9% per year).
Earnings vs Industry: MNRT earnings growth over the past year (2.8%) did not outperform the REITs industry 3.7%.
Return on Equity
High ROE: MNRT's Return on Equity (9.3%) is considered low.