Meitav Trade Inv Ltd (MTRD) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Meitav Trade Inv Ltd stock ILS 25.06, price ILS 17.81, upside +40.7%, quality 76 out of 100. Rating: undervalued. Calculated from audited financials with 12 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
33‑month range 5.40 ILS – 28.08 ILS · fair‑value band 12.41 ILS – 39.88 ILS · the 17.81 ILS price screens below the 25.06 ILS fair value. As of Nov 7, 2026.
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Meitav Trade Investments Ltd, together with its subsidiaries, provides securities trading services in Israel and Internationally.
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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.
Stock analysis
Meitav Trade Inv Ltd (MTRD) currently trades at 17.81 ILS, while our model-based Fair Value estimate is 25.06 ILS, implying the stock looks roughly 29% undervalued today.
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Valuation
Bull case: the Earnings-Based group reads highest at a median of 41.73 ILS per share, and 5 of the 12 models we run sit above the 17.81 ILS price.
Bear case: the Asset-Based group reads lowest at 3.52 ILS, and 7 of the 12 models stay below the price. Data coverage for this calculation is high.
Scenario range: 12.41 ILS (bear) to 39.88 ILS (bull), the price of 17.81 ILS sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 76/100 (high quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Meitav Trade Inv 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. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 982M ILS Small · P/E ratio 12.7 · P/S ratio 3.91 · EPS (TTM) 1.40 ILS · Dividend yield 6.6% · Net margin 25.5% · Return on equity 36.8% · Return on assets (EBIT) 17.2% (4-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 92 out of 100 (low confidence).
What moves the price
The share trades about 37% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −11% fair-value upside, at 41%, MTRD screens cheaper than that median.
Fair Value models
Bear12.41 ILSFair Value 25.06 ILSBull39.88 ILS
Price 17.81 ILS · Upside +40.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.1972 ILS per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+18.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+23.5%
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+51.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+45.2%
Dividend (yield on the price)6.6%
Profit margin 2021 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.15% → 41%
2025 sits 52% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−1.1%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Israel: IMF forecast 2.1% a year to 2030, 1.7% from 2016 to 2025) that is about −3.1% a year for the price.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Capital Markets · 384 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score76 · Top 25%
Fair Value upside+40.7% · Above median
Profitability
Return on equity (12 months)36.8% · Top 25%
Return on assets18.0% · Top 25%
Net margin (12 months)25.5% · Above median
Operating margin (12 months)35.0% · Above median
Growth and dividend
Revenue growth (quarter YoY)16.1% · Above median
Dividend yield (12 months)6.6% · Top 25%
Balance sheet
Debt / equity0.06× · Below median
Valuation Multiplesvs Capital Markets median · lower = cheaper
P/E (12 months)12.7× · Pricier than median
P/B5.64× · Priciest 25%
P/S (12 months)3.91× · Pricier than median
Price / free cash flow (fiscal year)10.8× · Pricier than median
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Is Meitav Trade Inv Ltd (MTRD) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 25.06 ILS versus a price of 17.81 ILS, about +41% upside (undervalued).
What is the fair value of MTRD?
Our model-based fair value for Meitav Trade Inv Ltd is 25.06 ILS (as of Nov 7, 2026), built from audited fundamentals. The current price: 17.81 ILS.
What is the quality score of MTRD?
Meitav Trade Inv 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 price target for Meitav Trade Inv Ltd (MTRD)?
Our model-based price target is the fair value of 25.06 ILS (as of Nov 7, 2026) from 12 valuation models. Cautious scenario 12.41 ILS, optimistic scenario 39.88 ILS. It is a calculation from audited fundamentals, not an analyst target.
What is the Meitav Trade Inv Ltd stock forecast for 2026?
Our models put fair value at 25.06 ILS, about +41% upside versus a price of 17.81 ILS (undervalued). Cautious scenario 12.41 ILS, optimistic scenario 39.88 ILS. The calculation is refreshed regularly with new filings.
What is the revenue of Meitav Trade Inv Ltd (MTRD)?
Meitav Trade Inv Ltd reported trailing-twelve-month revenue of about 251M ILS (latest available figure, as of Nov 7, 2026).
Does Meitav Trade Inv Ltd pay a dividend?
Meitav Trade Inv Ltd currently shows a dividend yield of 6.57% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Meitav Trade Inv Ltd (MTRD) and when is the ex-dividend date?
Meitav Trade Inv Ltd pays a dividend of 1.17 ILS per share a year, a dividend yield of 6.6%. The last ex-dividend date was Aug 21, 2026. The payout ratio is 83.6% of earnings. Free cash flow covers the dividend 1.66 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Meitav Trade Inv Ltd (MTRD)?
For today's price to be fair in a discounted-cash-flow model, Meitav Trade Inv Ltd would have to grow free cash flow by -1.1 % per year for five years (discount rate 11.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +17.7 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of MTRD use?
Our models discount Meitav Trade Inv Ltd at 11.6 %: a base by market capitalisation (small), damped by beta 0.15, country premium for Israel. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Meitav Trade Inv Ltd that is -1.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.6 %) and the same formula as our fair value.
How much growth has Meitav Trade Inv Ltd (MTRD) delivered so far?
Over the past 4 years revenue at Meitav Trade Inv Ltd grew +17.7 % a year. The price currently implies free-cash-flow growth of -1.1 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Meitav Trade Inv Ltd (MTRD) growing?
The median revenue growth in the sector is +6.0 % a year. That is the yardstick for the growth priced into Meitav Trade Inv Ltd (-1.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Meitav Trade Inv Ltd (MTRD)?
The free-cash-flow yield on the price is 10.94 %: that much free cash flow Meitav Trade Inv Ltd produces per unit of market value. When it exceeds the discount rate of our models (11.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Meitav Trade Inv Ltd (MTRD)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Meitav Trade Inv Ltd it is 25.06 ILS per share (as of Nov 7, 2026), against a price of 17.81 ILS. It is the blended result of 12 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Meitav Trade Inv Ltd stock overvalued or undervalued in 2026?
As of Nov 7, 2026, MTRD trades below its calculated fair value: price 17.81 ILS, fair value 25.06 ILS, a gap of about +41% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MTRD?
No. The price is what the market pays today (17.81 ILS); the fair value is what the company's own numbers justify (25.06 ILS). For Meitav Trade Inv Ltd the two are 7.25 ILS per share apart. That gap is exactly why we show both numbers side by side.
How much is Meitav Trade Inv Ltd worth?
The market values Meitav Trade Inv Ltd at about 982M ILS (market capitalisation, as of Nov 7, 2026). Per share that is 17.81 ILS; our models calculate a fair value of 25.06 ILS per share.
What do the bullish and bearish scenarios say about MTRD?
Our models span a range for Meitav Trade Inv Ltd: cautious scenario 12.41 ILS, base 25.06 ILS, optimistic 39.88 ILS per share (as of Nov 7, 2026, price 17.81 ILS). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MTRD?
Meitav Trade Inv Ltd trades at a price-to-earnings ratio of 12.7 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 25.06 ILS is built from several models across several years. Other multiples: P/B 5.6, P/S 3.9, EV/EBITDA 9.5.
How solid is the balance sheet of Meitav Trade Inv Ltd (MTRD)?
Balance-sheet figures for Meitav Trade Inv Ltd (as of Nov 7, 2026): return on equity 36.8%, debt of 0.06 per unit of equity. They feed the Quality Score of 76/100, which measures business quality independently of the share price.
How far is MTRD from its 52-week high?
Meitav Trade Inv Ltd trades at 17.81 ILS, about 37% below its 52-week high of 28.08 ILS and 3% above the low of 17.22 ILS (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 25.06 ILS is for.
Which stocks are comparable to Meitav Trade Inv Ltd?
From the same area (Financial Services) we also value Morgan Stanley, The Goldman Sachs Group, The Charles Schwab Corporation, Interactive Brokers Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Meitav Trade Inv Ltd stock attractive at the current price?
The data as of Nov 7, 2026: price 17.81 ILS, calculated fair value 25.06 ILS (+41%), Quality Score 76/100, from 12 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MTRD calculated?
We run Meitav Trade Inv Ltd through 12 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of 25.06 ILS builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Meitav Trade Inv Ltd currently trades 29% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Meitav Trade Inv Ltd (MTRD)?
The closing price on Nov 6, 2026 was 17.81 ILS. Our model-based fair value is 25.06 ILS, about +41% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Meitav Trade Inv Ltd right now?
The rarer combination: high quality (76/100) AND below fair value. That earns a closer look rather than a quick verdict. The model range is unusually wide (12.41 ILS to 39.88 ILS). The outcome hinges heavily on assumptions, so read the point estimate with caution. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Meitav Trade Inv Ltd
How large is the market capitalisation of Meitav Trade Inv Ltd (MTRD)?
The market capitalisation of Meitav Trade Inv Ltd is 982M ILS. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Meitav Trade Inv Ltd (MTRD)?
The price-to-sales ratio of Meitav Trade Inv Ltd is 3.91 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Meitav Trade Inv Ltd (MTRD)?
Earnings per share at Meitav Trade Inv Ltd are 1.40 ILS (price ÷ EPS = P/E 12.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Meitav Trade Inv Ltd (MTRD)?
The dividend yield of Meitav Trade Inv Ltd is 6.6% (payout 83.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Meitav Trade Inv Ltd (MTRD)?
The net margin of Meitav Trade Inv Ltd is 25.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Meitav Trade Inv Ltd (MTRD)?
The return on equity (ROE) of Meitav Trade Inv Ltd is 36.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Meitav Trade Inv Ltd (MTRD)?
On an EBIT basis the return on assets of Meitav Trade Inv Ltd is 17.2% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Meitav Trade Inv Ltd (MTRD)?
The operating margin of Meitav Trade Inv Ltd is 35.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Meitav Trade Inv Ltd (MTRD)?
Revenue at Meitav Trade Inv Ltd is growing +16.1% versus a year earlier (3y avg +23.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Meitav Trade Inv Ltd (MTRD)?
Earnings per share at Meitav Trade Inv Ltd are growing +6.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Meitav Trade Inv Ltd (MTRD) carry?
The net debt of Meitav Trade Inv Ltd is 6.5M ILS (fiscal year 2021, ≈ 0.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 7, 2026