Mivne (MVNE) AI Stock Analysis

• Market Cap: ₪10.81B
• Dividend Yield: 1.1%
• Average Volume (3M): 1.16M
• Price to Earnings (P/E): 15.9
• Beta (1Y): 1.38
• Revenue Growth: 11.13%
• EPS Growth: 110.98%
• Country: IL
• Employees: 194
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 17.80
• Shares Outstanding: 723,868,000
• 10 Day Avg. Volume: 1,243,107
• 30 Day Avg. Volume: 1,156,222
• PEG Ratio: 0.20
• Price to Book (P/B): 0.95
• Price to Sales (P/S): 5.54
• P/FCF Ratio: 16.07
• 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: 69 Neutral
• Price Target: 1,793.00 ▲(17.19% Upside)

Mivne's overall stock score is driven by strong financial performance, particularly in cash flow generation and operational efficiency. However, challenges in revenue growth and leverage management slightly offset these strengths. Technical indicators suggest a neutral market sentiment, and the valuation appears fair. The absence of earnings call and corporate events data means these factors do not influence the score.

Positive Factors

Free cash flow conversion

A near‑1 free cash flow to net income ratio indicates the company reliably converts accounting profits into cash. This durable cash generation supports capex, dividends, and debt service, giving flexibility to fund growth or shore up the balance sheet over months ahead.

Operating margins

Consistently strong EBIT and EBITDA margins reflect operational efficiency and a scalable cost base. Sustained margin levels provide a structural buffer against revenue volatility, enabling reinvestment in products and customer acquisition without immediate margin compression.

Improving return on equity

Improving ROE shows the company is generating higher returns from shareholders' capital, indicating better capital allocation and operational leverage. This enhances long‑term shareholder value potential and supports funding of strategic initiatives organically.

Negative Factors

Revenue growth weakness

Negative recent revenue growth is a structural concern: shrinking top line limits scalability, reduces operating leverage and constrains reinvestment. If sustained for multiple quarters, it undermines ability to maintain margins and to service rising leverage without strategic corrective actions.

Rising leverage risk

Moderate debt‑to‑equity with rising debt levels reduces financial flexibility and raises interest exposure. In a business facing revenue pressures, higher leverage increases refinancing and covenant risk, limiting capacity for strategic investments or shareholder returns over the medium term.

Margin erosion

Observed declines in gross and net margins point to margin pressure from higher costs or pricing challenges. Continued erosion would weaken cash flow conversion and reduce funds available for R&D and marketing, making it harder to defend market position and sustain long‑term growth.

Mivne Business Overview & Revenue Model

Company Description

Mivne Real Estate (K.D) Ltd engages in the initiation, purchase, construction, renting, and management of buildings in Israel, Switzerland, and internationally. The company's property portfolio includes offices, housing units, hi-tech, commercial centers, and industry and logistics. It also provides planning and supervising services for the implementation of infrastructure development projects; and operates and rents gas stations, as well as engages in renewable energy and residential real estate activities. The company was formerly known as Industrial Buildings Corporation Ltd. and changed its name to Mivne Real Estate (K.D) Ltd. Mivne Real Estate (K.D) Ltd was founded in 1961 and is based in Tel Aviv, Israel.

How the Company Makes Money

Mivne makes money primarily through its MVNO services by charging its clients a fee for access to its telecommunications infrastructure and services. The company's revenue model is built around several key streams, including subscription fees from businesses that use its platform to offer mobile services, transaction fees for data and voice services, and revenue sharing agreements with network operators. Additionally, Mivne may leverage partnerships with telecommunications providers to enhance service offerings and expand its market reach, facilitating growth and increasing earnings through economies of scale and shared resources.

Mivne Financial Statement Overview

Summary

Mivne demonstrates strong operational efficiency and cash flow generation, which are key strengths. However, the company faces challenges in revenue growth and must manage its increasing leverage carefully. While profitability remains solid, focusing on revenue expansion and maintaining a balanced capital structure will be crucial for future stability.

Income Statement

Mivne's income statement shows a strong EBIT and EBITDA margin, indicating efficient operations. However, the recent revenue growth rate is negative, which is a concern. The gross profit margin has decreased slightly over the TTM, and the net profit margin, while still robust, has also seen a decline. Overall, the company demonstrates solid profitability but faces challenges in revenue growth.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio, suggesting a balanced approach to leveraging. Return on equity has improved over the TTM, indicating better utilization of equity. However, the equity ratio is moderate, and the increasing debt levels could pose risks if not managed carefully. The company maintains a stable financial position but should monitor its leverage closely.

Cash Flow

Mivne's cash flow statement is strong, with a significant increase in free cash flow growth over the TTM. The operating cash flow to net income ratio is healthy, indicating good cash generation relative to profits. The free cash flow to net income ratio is nearly 1, showing efficient conversion of profits into cash. Overall, the cash flow position is robust, supporting the company's financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.50B	1.42B	1.22B	1.03B	1.10B	1.05B
Gross Profit	970.91M	970.01M	873.98M	777.44M	729.69M	711.65M
EBITDA	1.03B	931.14M	609.01M	1.78B	1.32B	931.86M
Net Income	686.24M	549.30M	332.56M	1.28B	941.78M	577.22M
Balance Sheet
Total Assets	19.77B	19.10B	18.10B	16.76B	14.70B	13.08B
Cash, Cash Equivalents and Short-Term Investments	577.54M	798.49M	955.35M	228.76M	1.01B	500.99M
Total Debt	8.71B	8.48B	7.83B	6.59B	6.09B	5.38B
Total Liabilities	11.04B	10.70B	9.99B	8.74B	7.81B	7.02B
Stockholders Equity	8.64B	8.34B	8.05B	7.99B	6.90B	6.07B
Cash Flow
Free Cash Flow	763.17M	491.00M	378.31M	397.14M	349.17M	385.74M
Operating Cash Flow	785.45M	511.95M	408.51M	443.53M	403.31M	407.79M
Investing Cash Flow	-723.91M	-728.30M	-400.23M	-1.21B	-399.98M	302.83M
Financing Cash Flow	-464.64M	98.41M	729.16M	7.98M	495.11M	-709.03M

Mivne Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1530.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:MVNE, the sentiment is Negative. The current price of 1530 is below the 20-day moving average (MA) of 1553.40, above the 50-day MA of 1502.44, and above the 200-day MA of 1301.77, indicating a neutral trend. The MACD of -13.28 indicates Positive momentum. The RSI at 38.85 is Neutral, neither overbought nor oversold. The STOCH value of 35.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IL:MVNE.

Mivne Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AFPR	75 Outperform	₪10.20B	12.05	―	―	―	―
AMOT	70 Outperform	₪12.19B	14.40	―	5.22%	3.63%	-10.21%
MVNE	69 Neutral	₪10.81B	15.92	―	1.10%	11.13%	110.98%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
ALHE	49 Neutral	₪9.20B	113.83	―	2.42%	6.64%	―