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Menora Mivtachim Holdings (XTAE:MMHD) Return-on-Tangible-Equity : 27.40% (As of Mar. 2025)


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What is Menora Mivtachim Holdings Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Menora Mivtachim Holdings's annualized net income for the quarter that ended in Mar. 2025 was ₪1,535 Mil. Menora Mivtachim Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₪5,601 Mil. Therefore, Menora Mivtachim Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 27.40%.

The historical rank and industry rank for Menora Mivtachim Holdings's Return-on-Tangible-Equity or its related term are showing as below:

XTAE:MMHD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.96   Med: 12.19   Max: 23.59
Current: 23.59

During the past 13 years, Menora Mivtachim Holdings's highest Return-on-Tangible-Equity was 23.59%. The lowest was 1.96%. And the median was 12.19%.

XTAE:MMHD's Return-on-Tangible-Equity is ranked better than
79.01% of 486 companies
in the Insurance industry
Industry Median: 12.695 vs XTAE:MMHD: 23.59

Menora Mivtachim Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Menora Mivtachim Holdings's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Menora Mivtachim Holdings Return-on-Tangible-Equity Chart

Menora Mivtachim Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.08 16.37 12.65 11.73 21.58

Menora Mivtachim Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.20 24.72 16.91 25.20 27.40

Competitive Comparison of Menora Mivtachim Holdings's Return-on-Tangible-Equity

For the Insurance - Life subindustry, Menora Mivtachim Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Menora Mivtachim Holdings's Return-on-Tangible-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Menora Mivtachim Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Menora Mivtachim Holdings's Return-on-Tangible-Equity falls into.


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Menora Mivtachim Holdings Return-on-Tangible-Equity Calculation

Menora Mivtachim Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1079.689/( (4635.768+5371.397 )/ 2 )
=1079.689/5003.5825
=21.58 %

Menora Mivtachim Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1534.896/( (5371.397+5830.196)/ 2 )
=1534.896/5600.7965
=27.40 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Menora Mivtachim Holdings  (XTAE:MMHD) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Menora Mivtachim Holdings Return-on-Tangible-Equity Related Terms

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Menora Mivtachim Holdings Business Description

Traded in Other Exchanges
N/A
Address
Menorah House, 115 Allenby Street, Tel Aviv, ISR, 61008
Menora Mivtachim Holdings Ltd is a diversified insurance and finance group that operates in Israel. The company specializes in asset management and diversified insurance services, including general, life, and health insurance. Menora is also active within the capital market in a variety of fields, including corporate finance, investment banking, structured finance, and more. The company offers a broad variety of mutual funds that invest in various avenues in Israel and around the world, while also managing pension products and provident funds. The company's operating segments such as Life insurance and long-term savings, focusing on policies, pension, and provident funds for death and disability risks, Health insurance segment and Property and casualty insurance segment.

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