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Operations: The company generates revenue primarily from its general insurance segment, with automobile property insurance contributing ₪1.95 billion and compulsory vehicle insurance adding ₪642.83 million. Life insurance and long-term savings provide an additional revenue stream of ₪373.32 million, while health insurance contributes ₪279 million.

I.D.I. Insurance, a smaller player in the Middle East insurance sector, has shown resilience with its debt to equity ratio dropping from 81.4% to 48.7% over five years, indicating improved financial health. Although earnings have decreased by 2.1% annually over the past five years, recent performance is promising with net income rising to ILS 257 million from ILS 139 million last year and basic earnings per share increasing to ILS 17.49 from ILS 9.48. The company’s interest payments are well covered by EBIT at a robust coverage of 21 times, suggesting strong operational efficiency and stability in servicing its obligations.

• Unlock comprehensive insights into our analysis of I.D.I. Insurance stock in this health report.

• Evaluate I.D.I. Insurance's historical performance by accessing our past performance report.

Neto Malinda Trading

Simply Wall St Value Rating: ★★★★★★

Overview: Neto Malinda Trading Ltd. is engaged in the manufacturing, importing, marketing, and distribution of kosher food products with a market cap of ₪2.09 billion.

Operations: Neto Malinda Trading generates revenue primarily through the sale of kosher food products. The company has a market cap of ₪2.09 billion and focuses on manufacturing, importing, marketing, and distribution activities within its sector.

Neto Malinda Trading, a small cap in the Middle East, has shown impressive financial performance with earnings growth of 131% over the past year, outpacing its industry. The firm trades at 82% below its estimated fair value and boasts a robust debt-to-equity ratio improvement from 3.9% to 2.6% over five years. With net income rising to ILS 204 million from ILS 88 million year-on-year, it seems poised for continued success. Additionally, high-quality earnings and positive free cash flow signal strong operational health and potential for future value creation within the food sector.

• Take a closer look at Neto Malinda Trading's potential here in our health report.

• Review our historical performance report to gain insights into Neto Malinda Trading's's past performance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include IBSE:INVES TASE:IDIN and TASE:NTML.

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