Financials Bank Hapoalim B.M.

Equities

POLI

IL0006625771

Banks

Market Closed - TEL AVIV STOCK EXCHANGE 04:54:08 25/04/2024 pm IST 5-day change 1st Jan Change
3,320 ILa -1.54% Intraday chart for Bank Hapoalim B.M. +1.78% +0.91%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 38,253 29,376 42,900 42,404 43,996 44,398 - -
Enterprise Value (EV) 1 38,253 29,376 42,900 42,404 43,996 44,398 44,398 44,398
P/E ratio 21.2 x 14.3 x 8.72 x 6.49 x - 7.03 x 7.17 x 6.03 x
Yield 2.61% 2.45% 2.01% 2.21% - 4.78% 4.89% -
Capitalization / Revenue 2.9 x 2.23 x 2.98 x 2.37 x 2.06 x 2.27 x 2.24 x -
EV / Revenue 2.9 x 2.23 x 2.98 x 2.37 x 2.06 x 2.27 x 2.24 x -
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1 x 0.74 x - 0.91 x - - - -
Nbr of stocks (in thousands) 13,35,168 13,35,898 13,36,453 13,36,837 13,37,267 13,37,282 - -
Reference price 2 28.65 21.99 32.10 31.72 32.90 33.20 33.20 33.20
Announcement Date 19/03/20 11/03/21 08/03/22 09/03/23 07/03/24 - - -
1ILS in Million2ILS
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 13,208 13,176 14,392 17,920 21,382 19,557 19,850 -
EBITDA - - - - - - - -
EBIT 1 4,432 5,675 6,589 9,948 13,151 10,315 10,414 -
Operating Margin 33.56% 43.07% 45.78% 55.51% 61.51% 52.74% 52.46% -
Earnings before Tax (EBT) 1 3,156 3,732 7,809 9,982 11,272 8,661 8,846 -
Net income 1 1,799 2,056 4,914 6,532 7,360 5,690 5,810 -
Net margin 13.62% 15.6% 34.14% 36.45% 34.42% 29.1% 29.27% -
EPS 2 1.350 1.540 3.680 4.890 - 4.725 4.628 5.504
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.7490 0.5394 0.6450 0.7000 - 1.588 1.623 -
Announcement Date 19/03/20 11/03/21 08/03/22 09/03/23 07/03/24 - - -
1ILS in Million2ILS
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3
Net sales 1 3,644 3,848 4,088 4,753 5,231 5,359 5,725 5,298
EBITDA - - - - - - - -
EBIT 1 1,645 1,890 2,092 2,781 3,185 3,265 3,544 3,239
Operating Margin 45.14% 49.12% 51.17% 58.51% 60.89% 60.93% 61.9% 61.14%
Earnings before Tax (EBT) 1 1,897 2,490 2,001 2,736 2,755 3,080 2,965 2,577
Net income 1 1,207 1,654 1,343 1,785 1,750 2,008 1,922 1,669
Net margin 33.12% 42.98% 32.85% 37.56% 33.45% 37.47% 33.57% 31.5%
EPS 2 0.9000 1.240 1.000 1.340 1.310 1.500 1.440 1.250
Dividend per Share 2 - - 0.3015 0.4010 - - 0.5750 0.2498
Announcement Date 15/11/21 23/05/22 15/08/22 24/11/22 09/03/23 22/05/23 14/08/23 15/11/23
1ILS in Million2ILS
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 7.13% 5.74% 11.8% 14.8% - 11.3% 10.8%
ROA (Net income/ Total Assets) 0.39% 0.41% - - - - -
Assets 1 4,61,282 5,01,463 - - - - -
Book Value Per Share 28.60 29.80 - 34.80 - - -
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 19/03/20 11/03/21 08/03/22 09/03/23 07/03/24 - -
1ILS in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
33.2 ILS
Average target price
38.85 ILS
Spread / Average Target
+17.02%
Consensus
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  4. Financials Bank Hapoalim B.M.