Tase (TASE) AI Stock Analysis

• Market Cap: 7.22B
• Dividend Yield: 0.69%
• Average Volume (3M): 390.10K
• Price to Earnings (P/E): 55.5
• Beta (1Y): 0.94
• Revenue Growth: 19.79%
• EPS Growth: 47.96%
• Country: IL
• Employees: 275
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Data & Stock Exchanges
• EPS (TTM): 47.80
• Shares Outstanding: 91,359,290
• 10 Day Avg. Volume: 160,141
• 30 Day Avg. Volume: 390,095
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: 7,500.00
• Price Target Upside: -5.04% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: 8,474.00 ▲(7.29% Upside)

Tase's overall stock score is driven primarily by its strong financial performance, characterized by robust profitability and efficient cash management. Technical analysis indicates bullish momentum, though caution is advised due to overbought signals. The high P/E ratio suggests potential overvaluation, which impacts the overall score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates Tase's expanding market reach and effective business model, supporting long-term financial stability.

Cash Flow Performance

Strong cash flow growth enhances Tase's operational and strategic flexibility, enabling sustained investment in growth initiatives.

Profitability

High profitability margins reflect Tase's effective cost management and competitive pricing power, contributing to durable financial health.

Negative Factors

Equity Ratio Absence

Lack of equity ratio data hinders comprehensive analysis of Tase's financial leverage, potentially obscuring risks related to asset financing.

Valuation Concerns

High valuation metrics may indicate overvaluation, which could limit stock price appreciation and attract scrutiny on financial performance.

Limited Income from Dividends

A low dividend yield may deter income-focused investors, potentially impacting investor base diversity and stock demand.

Tase Business Overview & Revenue Model

Company Description

Tase (TASE) refers to the Tel Aviv Stock Exchange, which is the main stock exchange in Israel. It operates in the financial services sector, offering a platform for trading securities including stocks, bonds, and derivatives. TASE provides a range of services such as listing, trading, clearing, and settlement, catering to both Israeli and international investors.

How the Company Makes Money

TASE generates revenue primarily through fees charged for listing securities on the exchange, transaction fees from trading activities, and service fees for clearing and settlement operations. The exchange also makes money from data dissemination services, providing real-time and historical market data to financial institutions and other entities. Strategic partnerships with international exchanges and financial technology providers further enhance its service offerings and contribute to its revenue streams.

Tase Financial Statement Overview

Summary

Tase exhibits a strong financial position with robust profitability and efficient cash management. The company shows a positive growth trajectory with strong revenue growth, healthy margins, and solid cash flow performance. The balance sheet is stable with low leverage, although the absence of the equity ratio metric limits a comprehensive analysis.

Income Statement

Tase has demonstrated strong revenue growth with a 6.73% increase in TTM, supported by healthy margins. The gross profit margin stands at 47.02%, and the net profit margin is 24.20%, indicating efficient cost management and profitability. EBIT and EBITDA margins are also robust at 33.98% and 46.37%, respectively. The consistent improvement in revenue and profitability metrics highlights a positive growth trajectory.

Balance Sheet

The company's balance sheet is solid with a low debt-to-equity ratio of 0.28, suggesting prudent financial leverage. Return on equity is strong at 17.34%, reflecting effective use of shareholder funds. However, the equity ratio is not provided, which limits a full assessment of asset financing. Overall, the balance sheet reflects stability and efficient capital management.

Cash Flow

Tase's cash flow performance is commendable, with a significant free cash flow growth rate of 35.18% in TTM. The operating cash flow to net income ratio is 0.22, and the free cash flow to net income ratio is 0.66, indicating strong cash generation relative to earnings. This robust cash flow position supports the company's operational and strategic flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	491.59M	437.87M	389.86M	361.01M	323.66M	304.27M
Gross Profit	234.10M	198.29M	165.41M	164.15M	130.06M	120.09M
EBITDA	239.99M	199.87M	162.43M	136.64M	101.76M	93.14M
Net Income	130.80M	101.39M	83.21M	50.84M	45.47M	36.90M
Balance Sheet
Total Assets	1.53B	1.83B	2.69B	1.81B	1.56B	1.19B
Cash, Cash Equivalents and Short-Term Investments	377.07M	531.41M	498.67M	388.63M	390.06M	346.71M
Total Debt	126.46M	118.15M	163.58M	15.04M	23.14M	13.39M
Total Liabilities	977.10M	1.10B	2.29B	1.13B	897.56M	557.02M
Stockholders Equity	548.37M	721.27M	401.72M	686.45M	661.87M	630.84M
Cash Flow
Free Cash Flow	160.95M	110.25M	109.71M	71.32M	70.73M	57.54M
Operating Cash Flow	225.59M	165.21M	160.27M	119.58M	106.38M	95.43M
Investing Cash Flow	-65.60M	-55.68M	57.02M	-52.89M	-40.22M	-42.09M
Financing Cash Flow	-265.52M	-79.67M	-1.35M	-54.65M	-28.38M	-14.98M

Tase Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7898.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:TASE, the sentiment is Positive. The current price of 7898 is above the 20-day moving average (MA) of 7803.70, above the 50-day MA of 7063.66, and above the 200-day MA of 5347.45, indicating a bullish trend. The MACD of 237.73 indicates Positive momentum. The RSI at 57.84 is Neutral, neither overbought nor oversold. The STOCH value of 81.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:TASE.

Tase Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TASE	73 Outperform	7.22B	55.55		0.69%	19.79%	47.96%
MGDL	69 Neutral	12.02B	13.68		0.46%	24.69%	-28.38%
Sector *	68 Neutral	$18.10B	11.66	9.93%	3.76%	9.70%	1.14%
FIBIH	―	9.03B	7.94		5.35%	―	―
IBI	58 Neutral	3.05B	22.50		4.67%	38.04%	-28.49%
LAPD	―	4.89B	17.75		3.53%	―	―
MTAV	70 Outperform	7.33B	21.94		2.32%	24.65%	91.44%