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Meitav Investment House Ltd (MTAV) Fair Value & Analysis

Financial Services · Il · Market cap 12.0B ILA

MI Meitav Investment House Ltd MTAV · TA
Price138.60 ILA
Fair Value27.64 ILA
Upside-80.1%
Quality47/100
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Mixed Growth
Highly profitable · 41.0% net margin
Moderate debt · negative free cash flow
Mixed vs. peers (6/13)
Wide moat 85/100
Evidence: High Range 20.73 ILA – 34.55 ILA Share as image

Fair value as of: Jul 12, 2026

From 9 valuation models · updated 29 days ago

Share price −4.7% over the past month.

Below-average quality, and screening another 80% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (34.55 ILA). The favourable scenario is already priced in.
  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

170.96 ILA 8.89 ILA Fair Value 27.64 ILA Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 8.89 ILA – 170.96 ILA · fair‑value band 20.73 ILA – 34.55 ILA · the 138.60 ILA price screens above the 27.64 ILA fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Meitav Investment House Ltd (MTAV) currently trades at 138.60 ILA, while our model-based Fair Value estimate is 27.64 ILA, implying the stock looks roughly 80.1% overvalued today. The Quality Score stands at 47/100 (below-average quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Meitav Investment House Ltd generated revenue of 2.2B ILA at a net margin of 41.0%. Revenue grew 32.3% year over year. It earns a return on equity of 53.8%. Net debt stands at 3.2B ILA. Fundamentals as of Jul 12, 2026

Our scenario range runs from 20.73 ILA (bear case) to 34.55 ILA (bull case); at 138.60 ILA, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at -80%, MTAV screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income 82.17 ILA 129.20 ILA 1,958 ILA 76
Gordon GGM 22.60 ILA 46.99 ILA 74.55 ILA 70
P/E Multiple 97.27 ILA 129.69 ILA 162.11 ILA 63
All 9 models by family
DCF Models
Owner Earnings 152.38 ILA 302.65 ILA 577.92 ILA 31
Earnings-Based
Graham-Dodd 67.84 ILA 356.82 ILA 493.86 ILA 54
Lynch FV 98.04 ILA 140.06 ILA 182.08 ILA 50
Dividend Discount
Gordon GGM 22.60 ILA 46.99 ILA 74.55 ILA 70
DDM Multi-Stage 22.60 ILA 39.62 ILA 49.32 ILA 61
Multiples
P/E Multiple 97.27 ILA 129.69 ILA 162.11 ILA 63
P/B Multiple 24.39 ILA 32.52 ILA 40.65 ILA 55
Asset-Based
NCAV (Graham) 11.62 ILA 15.56 ILA 23.23 ILA 50
Economic Profit
Residual Income 82.17 ILA 129.20 ILA 1,958 ILA 76

Widest divergence: DCF Models (302.65 ILA) versus Asset-Based (15.56 ILA). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 2.2B ILA
Revenue growth (YoY) +32.3%
Net margin 41.0%
Return on equity 53.8%
Free cash flow −180M ILA FY2025
P/E ratio 14.0
More key figures
Operating margin 44.3%
EPS (TTM) 10.33 ILA
Dividend yield 0.0%
EPS growth (YoY) +35.7%
Net debt 3.2B ILA FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 40 · Market factors (momentum, volatility) 69

Profitability 67
Margins and returns on capital today
Quality Growth 91
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 47
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 69
Price trend over the last 3–12 months (market factor)
52W Momentum 83
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Meitav Investment House Ltd is a publicly owned investment manager. The firm provides its services to private, business and institutional clients. It engages in the fund management activities in Israel. The firm manages investment portfolios, mutual funds, and provident funds, as well as pension, education, and other purpose funds.

Full company description

Meitav Investment House Ltd is a publicly owned investment manager. The firm provides its services to private, business and institutional clients. It engages in the fund management activities in Israel. The firm manages investment portfolios, mutual funds, and provident funds, as well as pension, education, and other purpose funds. It also manages separate client-focused portfolios. Meitav Investment House Ltd was formerly known as Meitav DASH Investments Ltd. Meitav Investment House Ltd is based in Tel Aviv, Israel.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Meitav Investment House Ltd reported revenue of 2.0B ILA in FY2025 versus 1.1B ILA in FY2021, a compound +16.3%/yr. Reported net income was 843M ILA in FY2025.

Growth Quality 60/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
2.0B ILS
Latest YoY
+25.4%
Avg. growth/yr (3Y)
+19.4%
Avg. growth/yr (5Y)
+15.3%
Avg. growth/yr (21Y)
+17.6%
Revenue +16.3%/yr
FY21 1.1B ILA
FY22 1.2B ILA
FY23 1.3B ILA
FY24 1.6B ILA
FY25 2.0B ILA
Net income
FY21 −414M ILA
FY22 74.0M ILA
FY23 130M ILA
FY24 256M ILA
FY25 843M ILA

MTAV screens 80% overvalued. Compare with Fondul Proprietatea SA →

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Cite: Fair Value Calculator (2026). "Meitav Investment House Ltd Fair Value". https://www.fairvalue-calculator.com/stock/MTAV

Peer Group

Asset Management · 973 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 45 · Bottom 25%
Fair Value upside −80% · Bottom 25%
Return on equity (TTM) 54% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 41% · Above median
Operating margin (TTM) 44% · Below median
Revenue growth 32% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.62× · Higher than 75% of peers

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 12.8× · Pricier than median
P/B 2.00× · Pricier than 75% of peers
P/S (TTM) 1.82× · Cheaper than 75% of peers
EV/EBITDA 5.0× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 37
FUTURE 100 · sector 6
PAST 100 · sector 26
HEALTH 69 · sector 95
DIVIDEND 0 · sector 69

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $0.0420 $0.0800 +90%
BlackRock, Inc BLK $1,136 $465.75 -59%
Blackstone Inc BX $124.56 $16.35 -87%
Investor AB INVEB kr 423.70 kr 847.40 +100%
Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%

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Frequently asked questions

Is Meitav Investment House Ltd (MTAV) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 27.64 ILA versus a price of 138.60 ILA, about −80% (overvalued).
What is the fair value of MTAV?
Our model-based fair value for Meitav Investment House Ltd is 27.64 ILA (as of Jul 12, 2026), built from audited fundamentals. The current price is 138.60 ILA.
What is the quality score of MTAV?
Meitav Investment House Ltd has a Quality Score of 47/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Meitav Investment House Ltd (MTAV)?
Meitav Investment House Ltd reported trailing-twelve-month revenue of about 2.2B ILS (latest available figure, as of Jul 12, 2026).
What is the net profit margin of MTAV?
The net profit margin of Meitav Investment House Ltd is about 41.0%, meaning it keeps roughly 41.0% of revenue as net income. Based on the latest reported figures.
Does Meitav Investment House Ltd pay a dividend?
Meitav Investment House Ltd currently shows a dividend yield of about 0.02% relative to its recent price (as of Jul 12, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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