Migdal Financial Statements From 2010 to 2024
| MGDL Stock | ILS 633.20 7.80 1.22% |
Check Migdal Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Migdal Insurance's main balance sheet or income statement drivers, such as , as well as many indicators such as . Migdal financial statements analysis is a perfect complement when working with Migdal Insurance Valuation or Volatility modules.
Migdal |
Migdal Insurance Company Return On Asset Analysis
Migdal Insurance's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Migdal Insurance Return On Asset | 0.0052 |
Most of Migdal Insurance's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Migdal Insurance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Migdal Insurance has a Return On Asset of 0.0052. This is 101.11% lower than that of the Insurance sector and 99.4% lower than that of the Financials industry. The return on asset for all Israel stocks is 103.71% lower than that of the firm.
Migdal Insurance Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Migdal Insurance's current stock value. Our valuation model uses many indicators to compare Migdal Insurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Migdal Insurance competition to find correlations between indicators driving Migdal Insurance's intrinsic value. More Info.Migdal Insurance is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.04 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Migdal Insurance is roughly 22.63 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Migdal Insurance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Migdal Insurance's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Migdal Insurance Financial Statements
Migdal Insurance stakeholders use historical fundamental indicators, such as Migdal Insurance's revenue or net income, to determine how well the company is positioned to perform in the future. Although Migdal Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Migdal Insurance's assets and liabilities are reflected in the revenues and expenses on Migdal Insurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Migdal Insurance. Please read more on our technical analysis and fundamental analysis pages.
Migdal Insurance and Financial Holdings Ltd. provides insurance, pension and provident funds, capital market, and financial services to private and corporate clients, groups, and vehicle fleet companies in Israel. Migdal Insurance and Financial Holdings Ltd. is a subsidiary of Eliahu Insurance Company Ltd. MIGDAL INS is traded on Tel Aviv Stock Exchange in Israel.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Migdal Stock
Migdal Insurance financial ratios help investors to determine whether Migdal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Migdal with respect to the benefits of owning Migdal Insurance security.