Meitav Invest (MTAV) AI Stock Analysis

• Market Cap: 8.98B
• Dividend Yield: 1.89%
• Average Volume (3M): 189.20K
• Price to Earnings (P/E): 11.0
• Beta (1Y): 1.67
• Revenue Growth: 25.15%
• EPS Growth: 288.21%
• Country: IL
• Employees: 1,010
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 688.40
• Shares Outstanding: 78,735,880
• 10 Day Avg. Volume: 143,917
• 30 Day Avg. Volume: 189,196
• PEG Ratio: 0.10
• Price to Book (P/B): 2.82
• Price to Sales (P/S): 1.48
• P/FCF Ratio: -52.05
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: 12,688.00 ▲(6.89% Upside)

Meitav Invest's stock is supported by strong technical momentum, indicating positive market sentiment. However, financial performance is mixed due to high leverage and declining cash flow growth, which are significant risks. The stock's valuation is relatively high, which could limit upside potential.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding client base and effective service offerings, supporting long-term business sustainability.

Profitability

High profitability margins suggest efficient cost management and strong pricing power, enhancing financial resilience.

Return on Equity

Strong ROE indicates effective use of shareholder funds to generate profits, reflecting management's capability in capital allocation.

Negative Factors

High Leverage

Significant leverage can increase financial risk, potentially impacting the company's ability to invest in growth opportunities.

Declining Cash Flow

Decreasing cash flow growth may limit operational flexibility and the ability to fund new initiatives, affecting long-term growth.

Liquidity Concerns

Low liquidity ratios suggest potential challenges in meeting short-term obligations, which could strain financial stability.

Meitav Invest Business Overview & Revenue Model

Company Description

Meitav Investment House Ltd is a publicly owned investment manager. The firm provides its services to private, business and institutional clients. It engages in the fund management activities in Israel. The firm manages investment portfolios, mutual funds, and provident funds, as well as pension, education, and other purpose funds. It also manages separate client-focused portfolios. Meitav Investment House Ltd was formerly known as DS Apex Holdings Ltd. and changed its name in July 2013. Meitav Investment House Ltd is based in Tel Aviv, Israel.

How the Company Makes Money

Meitav Invest generates revenue primarily through management fees charged on the assets under management (AUM). These fees are typically calculated as a percentage of the total assets managed and can vary based on the type of investment product or service offered. Additionally, the company earns money through performance-based fees, which are charged if the investments meet or exceed certain performance benchmarks. Meitav Invest may also receive consulting fees for advisory services provided to institutional clients. Significant partnerships with financial institutions and strategic alliances also contribute to its revenue by expanding its client base and service offerings.

Meitav Invest Financial Statement Overview

Summary

Meitav Invest demonstrates strong profitability and revenue growth, supported by efficient operations. However, high leverage and declining cash flow growth pose potential risks. The company needs to focus on improving cash flow management and reducing debt levels to enhance financial stability.

Income Statement

Meitav Invest shows a strong revenue growth trajectory with a 4.21% increase in TTM, supported by solid gross and net profit margins of 73.12% and 18.69% respectively. The EBIT and EBITDA margins are healthy at 30.98% and 36.14%, indicating efficient operational management. However, the revenue growth rate has slowed compared to previous years, which could be a concern if the trend continues.

Balance Sheet

The company has a high debt-to-equity ratio of 3.72, suggesting significant leverage, which poses a risk if not managed carefully. However, the return on equity is robust at 38.42%, indicating effective use of equity to generate profits. The equity ratio is moderate, reflecting a balanced asset structure.

Cash Flow

Cash flow performance is mixed, with a significant decline in free cash flow growth at -98.02% in TTM. The operating cash flow to net income ratio is low at 0.019, indicating potential liquidity issues. However, the company has managed to maintain a positive free cash flow to net income ratio, albeit at a low level of 0.031.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.78B	1.62B	1.31B	1.19B	1.11B	995.00M
Gross Profit	1.30B	1.16B	987.00M	799.00M	769.00M	690.00M
EBITDA	644.00M	545.00M	403.00M	317.00M	-174.00M	399.00M
Net Income	333.00M	256.00M	130.00M	74.00M	-414.00M	162.00M
Balance Sheet
Total Assets	6.05B	5.48B	4.91B	4.75B	4.14B	3.53B
Cash, Cash Equivalents and Short-Term Investments	626.00M	409.20M	478.00M	837.00M	549.00M	507.00M
Total Debt	3.45B	3.07B	2.81B	2.82B	2.22B	1.61B
Total Liabilities	4.95B	4.36B	3.96B	4.02B	3.43B	2.25B
Stockholders Equity	927.00M	848.00M	722.00M	497.00M	507.00M	979.00M
Cash Flow
Free Cash Flow	2.00M	-46.00M	318.00M	-108.00M	73.00M	-41.00M
Operating Cash Flow	65.00M	25.00M	374.00M	-55.00M	162.00M	-4.00M
Investing Cash Flow	373.00M	324.00M	-58.00M	-336.00M	-121.00M	-14.00M
Financing Cash Flow	-364.00M	-463.00M	-293.00M	374.00M	-14.00M	33.00M

Meitav Invest Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11870.00
• 50DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:MTAV, the sentiment is Positive. The current price of 11870 is above the 20-day moving average (MA) of 10173.45, above the 50-day MA of 9604.33, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 294.55 indicates Negative momentum. The RSI at 66.01 is Neutral, neither overbought nor oversold. The STOCH value of 81.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:MTAV.

Meitav Invest Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MRIN	74 Outperform	3.18B	26.81	―	3.39%	29.08%	74.72%
MPP	74 Outperform	1.88B	29.39	―	3.88%	19.74%	19.79%
GNRS	70 Neutral	1.87B	11.14	―	1.90%	62.82%	-15.94%
MTAV	68 Neutral	8.98B	11.04	―	1.89%	25.15%	288.21%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
MISH	66 Neutral	3.31B	45.49	―	1.37%	40.39%	-49.10%