Migdal Insurance & Financial Holdings Ltd. (IL:MGDL)
TASE:MGDL
Top Page
Migdal Insur.
(TASE:MGDL)
Select Model
Select Model
Rating:69Neutral
Price Target:
1,897.00
▲(17.90% Upside)
Action:DowngradedDate:03/29/26
The score is driven primarily by improved TTM financial performance and especially strong valuation (low P/E and very high dividend yield). These positives are tempered by mixed technical momentum (below short-term moving averages and negative MACD) and the company’s historically volatile revenue/cash-flow profile.
Positive Factors
Profitability rebound and healthy ROE
The TTM net income rebound (1.83B vs 0.61B) and ROE around 15% indicate restored underwriting and investment margins. Sustained higher ROE supports internal capital generation, dividend capacity and reserve building, improving long-term solvency and strategic flexibility if maintained.
Negative Factors
Historical revenue and cash-flow volatility
Sharp swings in revenue and cash flow (notably a large drop in 2022 and subsequent rebound) show high sensitivity to underwriting cycles and investment returns. This cyclicality complicates capital planning, reserve adequacy and predictable earnings over multi-quarter horizons.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability rebound and healthy ROE
The TTM net income rebound (1.83B vs 0.61B) and ROE around 15% indicate restored underwriting and investment margins. Sustained higher ROE supports internal capital generation, dividend capacity and reserve building, improving long-term solvency and strategic flexibility if maintained.
Read all positive factors
Migdal Insur. (MGDL) vs. iShares MSCI Israel ETF (EIS)
Market Cap
₪18.32B
Dividend Yield0.3%
Average Volume (3M)2.90M
Price to Earnings (P/E)8.9
Beta (1Y)1.46
Revenue Growth6.00%
EPS Growth36.33%
CountryIL
Employees4,583
SectorFinancial
Sector Strength70
IndustryInsurance - Life
Share Statistics
EPS (TTM)44.90
Shares Outstanding1,057,948,100
10 Day Avg. Volume3,001,843
30 Day Avg. Volume2,903,189
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)1.64
Price to Sales (P/S)0.47
P/FCF Ratio2.96
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Migdal Insur. Business Overview & Revenue Model
Company Description
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...
How the Company Makes Money
Migdal makes money primarily from (1) insurance underwriting results and (2) fees and investment-related income generated from managing long-term savings and insurance assets. Underwriting income comes from collecting premiums across lines such as...
Migdal Insur. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
70
Positive
Cash Flow
64
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 34.70B | 33.74B | 28.47B | 6.44B | 36.68B |
| Gross Profit | 34.70B | 32.38B | 28.47B | 6.44B | 36.68B |
| EBITDA | 3.40B | 1.47B | 1.28B | 1.51B | 2.49B |
| Net Income | 1.83B | 608.16M | 587.18M | 750.97M | 1.39B |
Balance Sheet | |||||
| Total Assets | 246.30B | 219.64B | 204.86B | 196.90B | 204.16B |
| Cash, Cash Equivalents and Short-Term Investments | 3.52B | 46.09B | 41.00B | 38.79B | 37.79B |
| Total Debt | 8.24B | 5.99B | 5.97B | 7.19B | 5.42B |
| Total Liabilities | 236.34B | 210.09B | 196.26B | 188.80B | 195.59B |
| Stockholders Equity | 9.95B | 9.54B | 8.59B | 8.09B | 8.56B |
Cash Flow | |||||
| Free Cash Flow | 5.52B | 3.05B | 2.15B | -3.11B | 6.88B |
| Operating Cash Flow | 5.60B | 3.38B | 2.44B | -2.85B | 7.12B |
| Investing Cash Flow | -405.00M | -353.88M | -284.03M | -254.66M | -245.25M |
| Financing Cash Flow | 645.00M | 630.00M | -1.35B | 1.18B | 773.24M |
Migdal Insur. Technical Analysis
Negative
1609.00
Price Trends
1764.12
Negative
1628.66
Positive
1335.60
Positive
Market Momentum
-11.94
Positive
41.45
Neutral
39.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:MGDL, the sentiment is Negative. The current price of 1609 is below the 20-day moving average (MA) of 1784.80, below the 50-day MA of 1764.12, and above the 200-day MA of 1335.60, indicating a neutral trend. The MACD of -11.94 indicates Positive momentum. The RSI at 41.45 is Neutral, neither overbought nor oversold. The STOCH value of 39.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IL:MGDL.
Migdal Insur. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₪28.72B | 8.61 | ― | 2.61% | 23.28% | 124.99% | |
69 Neutral | ₪18.32B | 8.91 | ― | 0.30% | 6.00% | 36.33% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | ₪18.20B | 7.20 | ― | 1.67% | -27.87% | 229.49% | |
66 Neutral | ₪36.55B | 12.16 | 23.23% | 2.21% | 5.84% | 138.80% | |
65 Neutral | ₪3.15B | 9.13 | ― | 5.98% | 19.48% | 53.61% |
* Financial Sector Average
IL:MGDL
Migdal Insur.
1,644.00
954.80
138.54%
IL:CLIS
Clal Insurance
21,630.00
12,378.09
133.79%
IL:HARL
Harel
17,050.00
11,238.76
193.40%
IL:MMHD
Menora Miv Hld
44,100.00
25,781.54
140.74%
IL:FIBIH
Fibi Holdings
29,580.00
10,901.53
58.36%
IL:IDIN
Idi Insur
20,270.00
4,562.73
29.05%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.