Fundamental Analysis Report – Menora Mivtachim (MMHD)

In-depth Analysis Report – Menora Mivtachim Holdings Ltd. (TASE: MMHD)
 A professional and comprehensive research report on Menora Mivtachim – the largest insurance and pension savings group in Israel, with diverse activities in the general insurance, life insurance, health, pension, real estate, capital market and solar investments sectors. The group manages assets worth more than NIS 361 billion, and serves over two million customers while maintaining financial stability, reliability and responsibility.
 The report includes an in-depth review of the results for the first quarter of 2025, an analysis of balance sheets and liquidity and leverage ratios, a review of the company's holding structure and management, and a review of significant strategic acquisitions over the years. The report also includes a careful valuation based on earnings multiples and equity, and a comparison to the insurance sector in Israel.
 ✔ The largest insurance group in Israel for vehicles and property
 ✔ Balance sheet analysis: ROE of 17.3%, equity ratio of 10.5%, profit multiple 15.4
 ✔ Extensive activity segmentation – insurance, pensions, capital markets and real estate
 ✔ Review of regulatory, market and operational risks
 ✔ Deriving the share value according to the multiples model – exclusive data in the report
 Want to know if Menora is overpriced or if the capital market is already experiencing aggressive growth?
 All data, models, and analyses – in the full report.