Company Valuation: More Provident Funds and Pensions Ltd

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025
Market Cap 1 680.5 523.9 936.2 1,922
Change - -23.02% 78.7% 105.29%
Enterprise Value (EV) 1 690.1 544.5 992.7 1,997
Change - -21.11% 82.33% 101.22%
P/E 87.1x 13.4x 18.7x 27.6x
PBR 3.48x 2.23x 4.22x 7.81x
PEG -0x 0x 0.7x 0.7x
Capitalization / Revenue 2.47x 1.18x 1.78x 2.93x
EV / Revenue 2.5x 1.22x 1.89x 3.05x
EV / EBITDA 43.4x 7.84x 11.7x 16.6x
EV / EBIT 47.1x 8.04x 11.9x 16.8x
EV / FCF 21.3x -26.4x 15.2x 12.7x
FCF Yield 4.69% -3.79% 6.58% 7.89%
Dividend per Share 2 - 0.1561 0.4059 0.481
Rate of return - 3.82% 5.55% 3.23%
EPS 2 0.061 0.306 0.39 0.54
Distribution rate - 51% 104% 89.1%
Net sales 1 276 445.5 526.1 655.4
EBITDA 1 15.92 69.48 84.9 120.1
EBIT 1 14.64 67.73 83.12 119
Net income 1 7.697 39.3 49.57 70.51
Net Debt 1 9.61 20.57 56.49 75.53
Reference price 2 5.31 4.09 7.31 14.90
Nbr of stocks (in thousands) 128,088 128,088 128,088 128,991
Announcement Date 3/22/23 3/20/24 3/19/25 3/22/26
1ILS in Million2ILS
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 631M
20.2x5.66x12.14x2.1% 169B
15.14x3.64x - 2.37% 161B
16.99x7.52x - 1.48% 106B
26.19x12.24x21.03x4.12% 77.18B
13.81x5.29x - 1.9% 50.59B
12.11x1.83x5.63x1.22% 48.25B
5.64x5.55x4.84x3.3% 38.63B
14.33x5.31x16.55x1.84% 33.33B
Average 15.55x 5.88x 12.04x 2.29% 76.08B
Weighted average by Cap. 17.04x 5.90x 12.79x 2.27%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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