Tase (TASE) AI Stock Analysis

• Market Cap: 5.86B
• Dividend Yield: 0.86%
• Average Volume (3M): 490.46K
• Price to Earnings (P/E): 53.2
• Beta (1Y): 0.98
• Revenue Growth: 15.68%
• EPS Growth: 35.65%
• Country: IL
• Employees: 275
• Sector: Financial
• Sector Strength: 78
• Industry: Financial - Data & Stock Exchanges
• EPS (TTM): 38.00
• Shares Outstanding: 91,240,860
• 10 Day Avg. Volume: 542,429
• 30 Day Avg. Volume: 490,461
• PEG Ratio: -0.84
• Price to Book (P/B): 1.95
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 24.88
• 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: 5,700.00
• Price Target Upside: -11.21% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: 7,029.00 ▲(9.49%Upside)

The overall stock score of 63 reflects strong financial performance and bullish technical trends, countered by concerns of overvaluation and the stock being overbought. While the financial health is robust, investors should be cautious of the high P/E ratio and potential technical corrections.

Tase Business Overview & Revenue Model

Company Description

Tase (TASE) is a financial services company that operates as the Tel Aviv Stock Exchange in Israel. It provides a platform for the trading of securities, derivatives, and other financial instruments. The exchange serves as a critical component of the Israeli financial market, facilitating capital raising for companies and offering investment opportunities for both domestic and international investors. TASE's core services include listing services, trading services, and post-trade services, catering to a broad range of financial market participants.

How the Company Makes Money

TASE generates revenue primarily through fees associated with its trading and post-trade services. These include listing fees charged to companies to list their securities on the exchange, transaction fees collected from the trading of securities and derivatives, and clearing and settlement fees from post-trade services. Additionally, TASE may earn revenue from data services by providing market data and analytics to investors and other financial entities. The exchange also benefits from strategic partnerships with financial institutions and technology providers, enhancing its service offerings and expanding its market reach.

Tase Financial Statement Overview

Summary

Tase exhibits strong financial health with robust revenue growth, effective cost management, and solid profitability margins. The balance sheet reflects prudent leverage use and a stable capital structure, though equity efficiency has slightly declined. Cash flow metrics highlight robust liquidity despite minor declines in free cash flow growth.

Income Statement

Tase displays robust financial performance with strong revenue growth, evidenced by a 5.2% increase in TTM revenue compared to the previous year. The company maintains healthy gross and net profit margins at 47% and 24.2% respectively for TTM, highlighting efficient cost management and profitability. The EBIT and EBITDA margins of 30% and 46.3% further reinforce operational efficiency. However, the slight decrease in net profit margin from the previous year indicates potential challenges in maintaining net profitability.

Balance Sheet

Tase presents a strong balance sheet with a low debt-to-equity ratio of 0.28, indicating prudent leverage and financial stability. The equity ratio of 33.5% suggests a well-capitalized structure, although there is a noticeable decline from the previous year, potentially reflecting increased liabilities. ROE stands at 22.1%, showcasing effective utilization of equity to generate profits, although down from the prior year, indicating a slight decrease in equity efficiency.

Cash Flow

Tase's cash flow position is solid, with a consistent growth in free cash flow, demonstrating effective cash management. The operating cash flow to net income ratio of 1.62 indicates substantial cash generation relative to net income, suggesting robust liquidity. However, the free cash flow to net income ratio of 1.07, although healthy, reflects a modest decline in free cash flow growth rate, hinting at increased capital expenditures or operational investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	460.60M	437.87M	389.86M	361.01M	323.66M	304.27M
Gross Profit	216.56M	198.29M	165.41M	164.15M	130.06M	120.09M
EBITDA	213.56M	199.87M	162.43M	136.64M	101.76M	93.14M
Net Income	111.47M	101.39M	83.21M	50.84M	45.47M	36.90M
Balance Sheet
Total Assets	1.51B	1.83B	2.69B	1.81B	1.56B	1.19B
Cash, Cash Equivalents and Short-Term Investments	337.15M	531.41M	498.67M	388.63M	390.06M	346.71M
Total Debt	139.37M	118.15M	163.58M	15.04M	23.14M	13.39M
Total Liabilities	1.00B	1.10B	2.29B	1.13B	897.56M	557.02M
Stockholders Equity	504.93M	721.27M	401.72M	686.45M	661.87M	630.84M
Cash Flow
Free Cash Flow	119.06M	110.25M	109.71M	71.32M	70.73M	57.54M
Operating Cash Flow	181.03M	165.21M	160.27M	119.58M	106.38M	95.43M
Investing Cash Flow	-63.19M	-55.68M	57.02M	-52.89M	-40.22M	-42.09M
Financing Cash Flow	-267.22M	-79.67M	-1.35M	-54.65M	-28.38M	-14.98M

Tase Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6420.00
• 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 6420 is above the 20-day moving average (MA) of 6291.60, above the 50-day MA of 5892.66, and above the 200-day MA of 4665.71, indicating a bullish trend. The MACD of 105.99 indicates Positive momentum. The RSI at 58.97 is Neutral, neither overbought nor oversold. The STOCH value of 90.96 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
IBI	77 Outperform	3.59B	20.19		2.23%	42.11%	10.55%
MTAV	71 Outperform	6.38B	21.50		2.19%	―	―
MGDL	70 Outperform	10.47B	13.62		0.57%	-16.50%	29.61%
Sector *	67 Neutral	$16.88B	11.72	9.78%	3.73%	11.83%	-7.72%
TASE	63 Neutral	5.86B	53.21		0.86%	15.68%	35.65%