Melisron (MLSR) AI Stock Analysis

Melisron

(TASE:MLSR)

Select Model

Rating:61Neutral

Price Target:ILA 45,766.00▲(15.75% Upside)

Action:reiterated

Date:08/18/26

Melisron scores in the moderate range. Fundamentals are the largest driver: consistent revenue growth, expanding equity and stable double-digit returns are offset by a sharp deterioration in operating cash flow (now covering only ~12% of net income) and a sizeable ILS 15.5bn debt load, which raises earnings-quality and refinancing concerns. Technicals are the main near-term drag, with the price below all key moving averages and negative MACD momentum. An undemanding P/E of 11.1 plus a ~1.9% dividend yield provide valuation support and prevent a lower score, but a recovery in cash generation and a stabilisation in price trend are needed for a meaningful upgrade.

Positive Factors

Steady revenue expansionSustained revenue expansion indicates continued demand for Melisron’s income-producing retail and office properties. A growing rental base can support recurring income, strengthen asset economics, and provide a foundation for further development or portfolio growth over the next several quarters.

Negative Factors

Elevated leverageDebt exceeding equity leaves Melisron more exposed to refinancing conditions, property-value changes, and periods of weaker cash generation. Elevated leverage can reduce financial flexibility, constrain future acquisitions or development, and make maintaining stable distributions more difficult during stress.

Melisron (MLSR) vs. iShares MSCI Israel ETF (EIS)

Market Cap: ILS 18.86B
Dividend Yield: 1.91%
Average Volume (3M): 54.71K
Price to Earnings (P/E): 10.7
Beta (1Y): 1.45
Revenue Growth: 10.67%
EPS Growth: 8.20%
Country: Israel
Employees: 332
Sector: General
Sector Strength: 55
Industry: Real Estate - Services

Melisron Business Overview & Revenue Model

Company Description

Melisron Ltd. functions as a prominent commercial property developer and manager, primarily active in Israel. The company offers a full spectrum of services for business and administrative properties, from initial construction and development to ongo...

How the Company Makes Money

Melisron makes money primarily by owning and operating income-producing real estate and collecting recurring rental and related property income from tenants in its shopping malls and office properties. Key revenue streams typically include (1) base r...

Melisron Financial Statement Overview

Summary

A mixed but broadly sound picture. The income statement is the standout (82): five consecutive years of revenue growth from ILS 1.42bn to ILS 2.36bn TTM, with ~76% gross margins and ILS 1.74bn TTM net income — though a large share of profit stems from non-cash investment property revaluations rather than rental operations. The balance sheet (63) shows equity growing from ILS 8.7bn to ILS 13.6bn and improving leverage (debt/equity 1.14 vs 1.38 in 2021), but ILS 15.5bn of debt leaves meaningful refinancing and interest-rate exposure. Cash flow is the clear weak point (47): operating cash flow collapsed from ILS 1.10bn in 2024 to ILS 366m TTM, covering only ~12% of reported net income, confirming low earnings quality, albeit with light capex allowing nearly full conversion to free cash flow.

Income Statement

82Very Positive

Balance Sheet

63Positive

Cash Flow

47Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.36B	2.27B	2.02B	1.80B	1.67B	1.42B
Gross Profit	1.80B	1.59B	1.52B	1.34B	1.24B	1.05B
EBITDA	2.83B	3.02B	2.67B	1.95B	2.46B	2.44B
Net Income	1.74B	1.86B	1.53B	1.04B	1.39B	1.47B
Balance Sheet
Total Assets	35.43B	34.84B	31.27B	27.12B	25.52B	24.54B
Cash, Cash Equivalents and Short-Term Investments	1.57B	1.65B	1.24B	625.00M	868.00M	1.41B
Total Debt	15.47B	15.42B	14.15B	11.95B	11.20B	11.93B
Total Liabilities	21.22B	21.02B	18.96B	16.07B	15.15B	15.44B
Stockholders Equity	13.59B	13.21B	11.71B	10.55B	9.88B	8.67B
Cash Flow
Free Cash Flow	306.00M	279.00M	1.09B	956.00M	905.00M	727.00M
Operating Cash Flow	366.00M	294.00M	1.10B	979.00M	927.00M	734.00M
Investing Cash Flow	-699.00M	-535.00M	-1.08B	-978.00M	-1.18B	-543.00M
Financing Cash Flow	-146.00M	574.00M	210.00M	81.00M	-259.00M	-100.00M

Melisron Technical Analysis

Technical Analysis SentimentNegative

Last Price39540.00

Price Trends

50DMA39893.88Negative

100DMA40529.36Negative

200DMA41768.12Negative

Market Momentum

MACD161.21Negative

RSI50.28Neutral

STOCH19.24Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:MLSR, the sentiment is Negative. The current price of 39540.00 is above the 20-day moving average (MA) of 38776.00, below the 50-day MA of 39893.88, and below the 200-day MA of 41768.12, indicating a neutral trend. The MACD of 161.21 indicates Negative momentum. The RSI at 50.28 is Neutral, neither overbought nor oversold. The STOCH value of 19.24 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IL:MLSR.

Melisron Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IL:MLSR against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IL:AMOT	74Outperform	ILS 9.18B	11.19	―	6.93%	2.72%	-26.48%
IL:BIG	69Neutral	ILS 17.67B	10.37	―	2.42%	8.94%	-5.15%
IL:AFPR	62Neutral	ILS 7.49B	6.74	―	―	3.34%	44.21%
IL:AZRG	62Neutral	ILS 43.63B	23.56	6.64%	1.91%	17.31%	10.26%
IL:MLSR	61Neutral	ILS 18.67B	10.74	―	1.91%	10.67%	8.20%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IL:ALHE	38Underperform	ILS 6.41B	-20.88	―	3.42%	22.63%	-185.87%

* General Sector Average

Performance Comparison

IL:MLSR and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IL:MLSR	Melisron Limited	39540.00	-2344.52	-5.60%
IL:AZRG	Azrieli Group	35670.00	1313.29	3.82%
IL:ALHE	Alony Hetz Properties & Investments Ltd.	2896.00	-979.70	-25.28%
IL:AFPR	AFI Properties Ltd	17900.00	-3690.00	-17.09%
IL:AMOT	Amot Investments Ltd.	1890.00	-565.12	-23.02%
IL:BIG	BIG Shopping Centers Ltd.	69500.00	-3509.30	-4.81%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 18, 2026

Melisron AI Stock Analysis