Risk factor
Very poor trading liquidity
Profitability factor
Good growth
About
Operating through its subsidiaries in Israel, Ayalon Insurance Company Ltd offers a comprehensive range of insurance products. Their health coverage extends to nursing care, medical expenses, surgical procedures and organ transplants, dental services, personal accident protection, travel insurance, and medical policies specifically for foreign workers. The company also provides property and liability insurance, including home documentation, third-party and employer liability, general property protection, vehicle coverage, and professional indemnity. Beyond traditional insurance, Ayalon also offers financial products such as savings plans, pension schemes, and provident funds. Additional specialized policies cover automobiles, residential properties, critical illnesses, life assurance, mortgages, businesses, directors and officers, engineering projects, and agriculture. They also provide reverse mortgage solutions and tailored insurance for collectives and organizations. Customers access these services via a broad network of agents and agencies. Founded in 1976 and based in Ramat Gan, Israel, the firm was formerly known as Ayalon Holdings Ltd, rebranding to its current name in July 2022. Ayalon Insurance Company Ltd is a subsidiary of Wesure Global Tech Ltd.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI