MORE PROVIDENT FUNDS LTD (IL:MPP)
TASE:MPP
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More Pension
(TASE:MPP)
Select Model
Select Model
Rating:55Neutral
Price Target:
1,378.00
▼(-8.07% Downside)
Action:DowngradedDate:04/04/26
Overall score reflects solid improving profitability but meaningful risk from rising leverage and weak cash conversion, combined with clearly bearish technicals (price below key moving averages and negative MACD). Valuation is neutral-to-slightly supportive due to the dividend yield, but not enough to offset financial and trend risks.
Positive Factors
Revenue growth and earnings turnaround
Sustained revenue expansion and an earnings turnaround from earlier losses indicate the business model is gaining traction and scale. Over a 2–6 month horizon this supports recurring fee income, improved operating leverage, and a more stable earnings base to fund reinvestment or distributions.
Negative Factors
Rising financial leverage
A marked increase in leverage materially raises financial risk: higher interest costs and tighter covenant/ refinancing exposure reduce flexibility. If markets or earnings soften, elevated debt amplifies downside and can force asset sales or curtail capital return plans.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth and earnings turnaround
Sustained revenue expansion and an earnings turnaround from earlier losses indicate the business model is gaining traction and scale. Over a 2–6 month horizon this supports recurring fee income, improved operating leverage, and a more stable earnings base to fund reinvestment or distributions.
Read all positive factors
More Pension (MPP) vs. iShares MSCI Israel ETF (EIS)
Market Cap
₪1.72B
Dividend Yield2.79%
Average Volume (3M)77.17K
Price to Earnings (P/E)26.6
Beta (1Y)1.32
Revenue Growth19.74%
EPS Growth19.79%
CountryIL
Employees151
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)13.50
Shares Outstanding129,005,650
10 Day Avg. Volume92,184
30 Day Avg. Volume77,173
Financial Highlights & Ratios
PEG Ratio0.61
Price to Book (P/B)7.59
Price to Sales (P/S)2.90
P/FCF Ratio67.70
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
More Pension Business Overview & Revenue Model
Company Description
More Provident Funds Ltd., a provident fund management company, provides various long-term savings products in Israel. It offers savings and benefit provident funds, investment provident funds, education funds, and savings plans for children. The ...
More Pension Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
58
Neutral
Cash Flow
46
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 646.63M | 515.23M | 445.46M | 274.76M | 135.47M |
| Gross Profit | 219.22M | 176.00M | 223.73M | 81.45M | 37.11M |
| EBITDA | 124.89M | 91.18M | 72.30M | 19.01M | 1.71M |
| Net Income | 70.51M | 49.57M | 39.30M | 7.70M | -1.15M |
Balance Sheet | |||||
| Total Assets | 771.90M | 503.45M | 505.75M | 513.06M | 232.99M |
| Cash, Cash Equivalents and Short-Term Investments | 42.90M | 31.40M | 181.08M | 153.80M | 80.54M |
| Total Debt | 355.67M | 187.16M | 201.65M | 201.56M | 111.51M |
| Total Liabilities | 524.89M | 281.31M | 270.44M | 317.35M | 187.19M |
| Stockholders Equity | 247.00M | 222.14M | 235.31M | 195.71M | 45.80M |
Cash Flow | |||||
| Free Cash Flow | 27.68M | 23.89M | -54.26M | -78.61M | -50.74M |
| Operating Cash Flow | 27.86M | 25.88M | -48.13M | -72.00M | -45.59M |
| Investing Cash Flow | -134.84M | 36.61M | -56.48M | -85.46M | -5.52M |
| Financing Cash Flow | 118.47M | -79.29M | -983.00K | 230.72M | 121.81M |
More Pension Technical Analysis
Positive
1499.00
Price Trends
Market Momentum
67.16
Negative
56.75
Neutral
47.23
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:MPP, the sentiment is Positive. The current price of 1499 is above the 20-day moving average (MA) of 1455.50, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 67.16 indicates Negative momentum. The RSI at 56.75 is Neutral, neither overbought nor oversold. The STOCH value of 47.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:MPP.
More Pension Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₪4.08B | 3.20 | ― | 2.54% | 62.82% | -15.94% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
61 Neutral | ₪2.73B | 32.87 | ― | 2.95% | 26.35% | 48.62% | |
60 Neutral | ₪1.37B | 8.23 | ― | 5.43% | 0.65% | -0.83% | |
55 Neutral | ₪1.72B | 26.58 | ― | 2.79% | 19.74% | 19.79% | |
45 Neutral | ₪3.78B | 201.96 | ― | 1.32% | 40.39% | -49.10% |
* Financial Sector Average
IL:MPP
More Pension
1,333.00
686.44
106.17%
IL:ANLT
Analyst
12,350.00
3,984.72
47.63%
IL:MISH
Mivtach Shamir
38,870.00
17,659.52
83.26%
IL:MRIN
More Invest
3,735.00
2,364.71
172.57%
IL:GNRS
Generation Cap
248.80
175.38
238.87%
IL:ALTF
ALTSHULER SHAHAM FINANCIAL LTD
692.20
212.79
44.39%
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.