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Meitav Trade Investments Ltd (MTRD) Fair Value & Analysis

Financial Services · Il · Market cap 1.1B ILS

MT Meitav Trade Investments Ltd MTRD · TA
Price24.74 ILS
Fair Value11.22 ILS
Upside-54.6%
Quality76/100
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Healthy Growth
Highly profitable · 26.0% net margin
Low debt · generates free cash flow
Ranks above peers (9/14)
Wide moat 91/100
Evidence: High Range 8.41 ILS – 14.02 ILS Share as image

Fair value as of: Jul 11, 2026

From 12 valuation models · updated 29 days ago

Share price +7.1% over the past month.

A strong business, but screening 55% overvalued on our models.

What matters now

  • A high-quality business (quality 76/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (14.02 ILS). The favourable scenario is already priced in.
  • 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 (3 years)

26.79 ILS 5.15 ILS Fair Value 11.22 ILS Jan 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

31‑month range 5.15 ILS – 26.79 ILS · fair‑value band 8.41 ILS – 14.02 ILS · the 24.74 ILS price screens above the 11.22 ILS fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Meitav Trade Investments Ltd (MTRD) currently trades at 24.74 ILS, while our model-based Fair Value estimate is 11.22 ILS, implying the stock looks roughly 54.6% overvalued today. The Quality Score stands at 76/100 (high 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 Trade Investments Ltd generated revenue of 241M ILS at a net margin of 26.0%. Revenue grew 22.8% year over year. It earns a return on equity of 36.4%. Net debt stands at 6.5M ILS. Fundamentals as of Jul 11, 2026

Our scenario range runs from 8.41 ILS (bear case) to 14.02 ILS (bull case); at 24.74 ILS, 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 11% fair-value upside, at -55%, MTRD 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 Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 23.49 ILS 41.40 ILS 71.52 ILS 80
Residual Income 6.55 ILS 7.84 ILS 23.08 ILS 76
Rev-Margin DCF 14.14 ILS 24.00 ILS 38.43 ILS 74
All 12 models by family
DCF Models
5Y P/E Exit 20.52 ILS 39.18 ILS 62.55 ILS 38
10Y P/E Exit 21.67 ILS 39.41 ILS 68.42 ILS 35
Earnings-Based
Graham-Dodd 8.66 ILS 58.81 ILS 82.44 ILS 54
Lynch FV 17.26 ILS 24.66 ILS 32.06 ILS 50
Dividend Discount
Gordon GGM 7.81 ILS 14.07 ILS 19.36 ILS 70
DDM Multi-Stage 7.81 ILS 12.85 ILS 15.03 ILS 61
Multiples
P/E Multiple 19.10 ILS 25.46 ILS 31.83 ILS 63
P/B Multiple 8.41 ILS 11.22 ILS 14.02 ILS 55
Asset-Based
NCAV (Graham) 1.87 ILS 2.50 ILS 3.74 ILS 50
Growth DCF
Growth DCF 23.49 ILS 41.40 ILS 71.52 ILS 80
Rev-Margin DCF 14.14 ILS 24.00 ILS 38.43 ILS 74
Economic Profit
Residual Income 6.55 ILS 7.84 ILS 23.08 ILS 76

Widest divergence: DCF Models (39.18 ILS) versus Asset-Based (2.50 ILS). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 241M ILS
Revenue growth (YoY) +22.8%
Net margin 26.0%
Return on equity 36.4%
Free cash flow 90.6M ILS FY2025
P/E ratio 18.5
More key figures
Operating margin 39.2%
EPS (TTM) 1.29 ILS
Dividend yield 0.1%
EPS growth (YoY) +17.1%
Net debt 6.5M ILS FY2021

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 76/100

Of which business quality 71 · Market factors (momentum, volatility) 59

Profitability 80
Margins and returns on capital today
Quality Growth 70
Are margins and returns improving?
Cashflow 92
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 57
Distance to the 52-week high (market factor)
Net Issuance 27
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 Trade Investments Ltd, together with its subsidiaries, provides securities trading services in Israel and Internationally.

Full company description

Meitav Trade Investments Ltd, together with its subsidiaries, provides securities trading services in Israel and Internationally. It offers securities trading services for various financial instruments, including stocks, convertible securities, government and corporate bonds, exchange-traded funds, foreign exchange-traded certificates, and options and futures contracts. The company also provides online trading, securities custody, market making, foreign exchange conversion, options and futures trading, investment marketing, and brokerage services, as well as financial credit to finance the purchase of securities and financial assets. It serves private customers and foreign corporations. The company was incorporated in 1969 and is based in Bnei Brak, Israel.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Meitav Trade Investments Ltd reported revenue of 226M ILS in FY2025 versus 118M ILS in FY2021, a compound +17.7%/yr. Reported net income was 59.3M ILS in FY2025, compounding +50.3%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
226M ILS
Latest YoY
+18.9%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+23.5%
Revenue +17.7%/yr
FY21 118M ILS
FY22 120M ILS
FY23 165M ILS
FY24 190M ILS
FY25 226M ILS
Net income +50.3%/yr
FY21 11.6M ILS
FY22 23.5M ILS
FY23 40.2M ILS
FY24 48.2M ILS
FY25 59.3M ILS

MTRD screens 55% overvalued. Compare with Huatai Securities Co →

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Cite: Fair Value Calculator (2026). "Meitav Trade Investments Ltd Fair Value". https://www.fairvalue-calculator.com/stock/MTRD

Peer Group

Capital Markets · 424 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 75 · Top 25%
Fair Value upside −55% · Below median
Return on equity (TTM) 36% · Top 25%
Return on assets 16% · Top 25%
Net margin (TTM) 26% · Above median
Operating margin (TTM) 39% · Above median
Revenue growth 23% · Above median
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Capital Markets median · lower = cheaper

P/E (TTM) 18.8× · Pricier than median
P/B 2.12× · Pricier than median
P/S (TTM) 1.53× · Cheaper than median
P/FCF 4.1× · Pricier than median
EV/EBITDA 3.6× · 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 9
FUTURE 100 · sector 94
PAST 100 · sector 31
HEALTH 97 · sector 93
DIVIDEND 1 · sector 36

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 Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Huatai Securities Co HTSC $0.2700 $0.0400 -85%
Mirae Asset Securities Co 006800 38,750 KRW 31,645 KRW -18%
Meritz Financial Group 138040 117,000 KRW 87,706 KRW -25%
Korea Investment Holdings 071050 239,000 KRW 318,825 KRW +33%
NH Investment & Securities Co 005940 31,000 KRW 37,133 KRW +20%
Samsung Securities Co 016360 107,700 KRW 126,487 KRW +17%
Motilal Oswal Financial Services Limited MOTILALOFS ₹967.00 ₹299.65 -69%
Kiwoom Securities Co 039490 322,000 KRW 358,091 KRW +11%
SSI Securities Corporation SSI 24,250 VND 28,021 VND +16%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 120.22 ARS -62%

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Frequently asked questions

Is Meitav Trade Investments Ltd (MTRD) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 11.22 ILS versus a price of 24.74 ILS, about −55% (overvalued).
What is the fair value of MTRD?
Our model-based fair value for Meitav Trade Investments Ltd is 11.22 ILS (as of Jul 11, 2026), built from audited fundamentals. The current price is 24.74 ILS.
What is the quality score of MTRD?
Meitav Trade Investments Ltd has a Quality Score of 76/100. 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 Trade Investments Ltd (MTRD)?
Meitav Trade Investments Ltd reported trailing-twelve-month revenue of about 241M ILS (latest available figure, as of Jul 11, 2026).
What is the net profit margin of MTRD?
The net profit margin of Meitav Trade Investments Ltd is about 26.0%, meaning it keeps roughly 26.0% of revenue as net income. Based on the latest reported figures.
Does Meitav Trade Investments Ltd pay a dividend?
Meitav Trade Investments Ltd currently shows a dividend yield of about 0.05% relative to its recent price (as of Jul 11, 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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