More Pension (MPP) AI Stock Analysis

More Pension

(TASE:MPP)

Select Model

Rating:63Neutral

Price Target:ILA 1,667.00▲(9.82% Upside)

Action:reiterated

Date:08/19/26

More Pension scores in the moderate range. The company's standout strengths are exceptional revenue growth, expanding operating and net margins, and a 32% return on equity, which drive a solid income statement. These are offset by the two most material risks: persistently weak and currently negative operating and free cash flow, meaning reported profits are not converting into cash, and a materially more leveraged balance sheet with debt-to-equity near 1.36. Technicals are mixed — the longer-term uptrend remains intact above the 100- and 200-day averages, but the price has slipped below its shorter-term averages with a neutral RSI. Valuation at a 25.8 P/E is full, though a 3.42% dividend yield adds income appeal. Earnings call and corporate event data were unavailable and therefore excluded, with their weight redistributed across the remaining components.

Positive Factors

Revenue growth and profitabilityHealthy revenue growth combined with strong operating and net margins indicates a profitable core business. These margins provide ongoing earnings capacity and suggest the company can convert market activity into sustainable shareholder returns.

Negative Factors

Negative cash generationNegative operating and free cash flow despite reported profits creates a quality-of-earnings concern. If this persists, the company may have less internally generated funding for investment, distributions, or debt reduction, weakening financial flexibility.

More Pension (MPP) vs. iShares MSCI Israel ETF (EIS)

Market Cap: ILS 1.95B
Dividend Yield: 3.72%
Average Volume (3M): 91.96K
Price to Earnings (P/E): 24.1
Beta (1Y): 1.43
Revenue Growth: 30.05%
EPS Growth: 24.67%
Country: Israel
Employees: 190
Sector: General
Sector Strength: 55
Industry: Asset Management

More Pension Business Overview & Revenue Model

Company Description

More Provident Funds Ltd., an Israeli enterprise specializing in provident fund administration, supplies a diverse range of long-term savings solutions. Its offerings encompass traditional savings and welfare-focused provident funds, investment-orien...

More Pension Financial Statement Overview

Summary

Strong income statement performance (score 84) anchors the picture: revenue has grown from roughly 135 million in 2021 to 749.8 million on a TTM basis, with net margin improving to 10.6%, operating margin to 18.4%, and return on equity reaching 32.0%. However, the balance sheet (score 63) shows leverage rising sharply, with debt-to-equity climbing to about 1.36 from 0.84 in 2024 after borrowings nearly doubled in 2025. The most significant weakness is cash flow (score 34): despite 79.7 million of net income, the company burned 19.5 million of operating cash and 20.0 million of free cash flow on a TTM basis, continuing a volatile history of weak earnings-to-cash conversion. Growth and profitability are compelling, but cash generation and balance sheet discipline temper the overall assessment.

Income Statement

84Very Positive

Balance Sheet

63Positive

Cash Flow

34Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	749.83M	646.63M	515.23M	445.46M	274.76M	135.47M
Gross Profit	265.64M	219.22M	176.00M	223.73M	81.45M	37.11M
EBITDA	143.08M	124.89M	89.80M	72.30M	17.95M	1.71M
Net Income	79.72M	70.51M	49.57M	39.30M	7.70M	-1.15M
Balance Sheet
Total Assets	725.31M	771.90M	503.45M	505.75M	513.06M	232.99M
Cash, Cash Equivalents and Short-Term Investments	58.55M	42.90M	31.40M	181.08M	153.80M	80.54M
Total Debt	353.54M	355.67M	187.16M	201.65M	201.56M	111.51M
Total Liabilities	466.27M	524.89M	281.31M	270.44M	317.35M	187.19M
Stockholders Equity	259.03M	247.00M	222.14M	235.31M	195.71M	45.80M
Cash Flow
Free Cash Flow	-20.01M	27.68M	23.89M	-54.26M	-78.61M	-50.74M
Operating Cash Flow	-19.48M	27.86M	25.88M	-48.13M	-72.00M	-45.59M
Investing Cash Flow	-54.67M	-134.84M	36.61M	-56.48M	-85.46M	-5.52M
Financing Cash Flow	93.27M	118.47M	-79.29M	-983.00K	230.72M	121.81M

More Pension Technical Analysis

Technical Analysis SentimentNegative

Last Price1518.00

Price Trends

50DMA1594.28Negative

100DMA1599.75Negative

200DMA1525.38Negative

Market Momentum

MACD-6.27Positive

RSI37.41Neutral

STOCH5.26Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:MPP, the sentiment is Negative. The current price of 1518.00 is below the 20-day moving average (MA) of 1603.30, below the 50-day MA of 1594.28, and below the 200-day MA of 1525.38, indicating a bearish trend. The MACD of -6.27 indicates Positive momentum. The RSI at 37.41 is Neutral, neither overbought nor oversold. The STOCH value of 5.26 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IL:MPP.

More Pension Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IL:MPP against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IL:GNRS	76Outperform	ILS 4.81B	2.67	―	2.47%	73.89%	616.40%
IL:MRIN	74Outperform	ILS 2.77B	19.39	―	5.41%	27.33%	20.29%
IL:ALTF	64Neutral	ILS 1.13B	9.21	―	6.79%	-2.36%	9.75%
IL:MPP	63Neutral	ILS 1.95B	24.09	―	3.72%	30.05%	24.67%
IL:MTAV	57Neutral	ILS 9.46B	9.62	―	2.97%	28.78%	172.56%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IL:MISH	42Neutral	ILS 3.57B	421.72	―	3.48%	-10.21%	-90.15%

* General Sector Average

Performance Comparison

IL:MPP and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IL:MPP	MORE PROVIDENT FUNDS LTD	1518.00	114.45	8.15%
IL:MISH	Mivtach Shamir Holdings Ltd.	36690.00	7155.23	24.23%
IL:MTAV	Meitav Dash Investments Ltd.	11100.00	1073.72	10.71%
IL:MRIN	Y.D. More Investments Ltd.	3800.00	-344.80	-8.32%
IL:GNRS	Generation Capital Ltd.	219.90	98.68	81.41%
IL:ALTF	ALTSHULER SHAHAM FINANCIAL LTD	571.10	-244.98	-30.02%

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 19, 2026

More Pension AI Stock Analysis