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Migdal Insurance and Financial Holdings Ltd. (MGDL) Q2 2021 Report Analysis


Filing Date

2021-08-18

Grade by Sector

66 / 100

Rating

Country

Israel

Exchange

TASE

Market Cap

$1.5B

Sector

Financials

Industry

Insurance

Rating

Grade by Sector

Filing Date

Market Cap

Country

Exchange

Sector

Industry

66 / 100

2021-08-18

$1.5B

Israel

TASE

Financials

Insurance

Company Highlights


Parameter Value Change Score
Assets 192,558.57 3% 56
Capital Expenditure -36.76 -12% 53
Cash & Equivalents 17,112.08 25% 88
Equity 7,442.37 5% 44
Liabilities 185,109.66 3% 56
EBITDA 2,148.14 23% 92
Total Revenues 39,834.88 -2% 93
Parameter Value Change Score
Free Cashflow 2.54 1647% 37
Cashflow 2,534.98 1191% 99
Asset Turnover 0.22 -5% 55
Price to Book 0.65 13% 69
Return on Equity 15.74 25% 74

* All values are TTM

Report Summary

The following analysis and forecast of Migdal Insurance and Financial Holdings Ltd.'s expected performance in the near term is based on a thorough AI-powered analysis of their financial statement. Additionally, several particular general factors and ratios are also utilized and included. First, analysis of the balance sheet metrics stayed at par with their benchmark. Second, the income statement factors markedly outperformed the benchmark in the above time frame. Third, cash flow metrics beat expectation and over-performed their benchmark. Last, the most impactful financial ratios indicate that in the near term Migdal Insurance and Financial Holdings Ltd.'s growth is likely to match expectation and not outperform the benchmark. All factors considered, our cumulative ranking of Migdal Insurance and Financial Holdings Ltd. generated the total score of 66.

  •  MGDL
  •  Industry average

Balance Sheet Analysis

Looking closer at the balance sheet underscored the importance of certain specific metrics that provide meaningful signals in the near term. Typically, the balance sheet factors can be responsible for up to 49.8% of a company's likelihood to over-perform its benchmark during the near term. First, diving into the company's debt service capabilities found very strong momentum with respect to cash and cash equivalents. Typically, the debt service capabilities factors influence up to 8.4% of the company's likelihood to over-perform. Next, looking at their assets suggests neutral sentiment concerning assets changes. The strength of a company's assets can affect up to 13.6% of the company's likelihood to over-perform. Third, looking at their debt structure reveals uninspired performance with respect to liabilities movement. Statistically, the debt structure factors will contribute up to 13.6% of the probability that a company will over-perform the market. Last, the company's intangible assets and technical changes forecasts lackluster momentum related to shareholders' equity and intangible assets adjustments. Intangible assets and technical changes contribute roughly 14.2% of the probability that a company will beat its benchmark performance during the upcoming quarter. Our bottom line assessment of the company's balance sheet produced a total score of 57.

  •  MGDL
  •  Industry average
Parameter Value Change Score
Assets 192,558.57 3% 56
Capital Expenditure -36.76 -12% 53
Cash & Equivalents 17,112.08 25% 88
Equity 7,442.37 5% 44
Liabilities 185,109.66 3% 56
All values are TTM

Income Statement Analysis

Looking at the changes in Migdal Insurance and Financial Holdings Ltd.'s income statement pointed to several specific numbers that provide meaningful signals for the current market. In particular, the company's net income forecasts remarkable momentum concerning earnings movement. These the company's net income contributes 8.8% of a company's likelihood to over-perform. Focusing on Migdal Insurance and Financial Holdings Ltd.'s cost of sales found average execution in terms of capital expenditure growth. Statistically, a Company's cost of sales are responsible for up to 7.5% of the probability that a company will over-perform the market. Looking closer at their revenue suggests great performance related to revenue momentum. Revenue momentum will impact around 1.3% of the probability that the company will beat the market throughout the coming quarters. Bottom line, our bottom line grade for Migdal Insurance and Financial Holdings Ltd.'s income statement generated a total score of 94.

  •  MGDL
  •  Industry average
Parameter Value Change Score
EBITDA 2,148.14 23% 92
Total Revenues 39,834.88 -2% 93
All values are TTM

Cash Flow Analysis

Looking at their cash flow focused our attention on several key results that effect the performance in the coming quarters. First, Migdal Insurance and Financial Holdings Ltd.'s flow of cash coming from operations, finance, and investments conveys exceptional execution related to cash flow momentum. The flow of cash coming from operations, finance, and investments factors affect up to 3.5% of the probability that the company will over-perform the market. Next, the companys net cash flow conveys lackluster results in terms of free cash flow growth. In general, these factors will impact around 1.7% of a company's probability to over perform the market throughout the upcoming quarter. Our evaluation of their cash flow received the cumulative strength of 88.

  •  MGDL
  •  Industry average
Parameter Value Change Score
Free Cashflow 2.54 1647% 37
Cashflow 2,534.98 1191% 99
All values are TTM

General & Ratios Analysis

The holistic analysis of the most critical factors in these key factors in the reports gives us a panoramic perspective of Migdal Insurance and Financial Holdings Ltd.'s likelihood to over-perform for the current market. First, analysis of Migdal Insurance and Financial Holdings Ltd.'s results for metrics related to general factors shows satisfactory overperformance related to macroeconomic environment. Focusing on analyzing the company's health and sustainability forecasts passable results concerning book value momentum. In general, these factors can influence up to 25.1% of the probability that a company will over-perform the market. Looking at reviewing their capital efficiency found neutral results with respect to assets factors momentum. Typically, the capital efficiency factors influence 3.5% of a company's likelihood to beat its benchmark performance during the next quarter. Perhaps more importantly, reviewing investors' interest the data suggests satisfactory developments with respect to return factors momentum. Generally, these factors can be responsible for up to 2.7% of the probability that a company will over-perform in the near term. Fourth, a drill down into Migdal Insurance and Financial Holdings Ltd.'s capital efficiency forecasts neutral results with respect to assets factors momentum. Statistically, the capital efficiency factors will influence up to 3.5% of the probability that a company will over-perform the market throughout the coming months. In conclusion, our assessment of their general factors and ratios warranted the total score of 71.

  •  MGDL
  •  Industry average
Parameter Value Change Score
Asset Turnover 0.22 -5% 55
Price to Book 0.65 13% 69
Return on Equity 15.74 25% 74
All values are TTM

This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.