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    Real estate investment trusts
Menivim - The New REIT Ltd.

Menivim - The New REIT Ltd.

TTASE:MNRT
185.60
ILA
-3.20
(-1.69%)
24.05EPS
8.38P/E
169.57BMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.08
0.18
0.26
0.2
0.22
0.2
0.24
0.29
0.32
0.34
0.33
Basic EPS, GAAP
-0.03
0.02
0.04
0.07
0.28
- -
0.25
0.21
0.22
0.17
0.28
0.24
Free Cash Flow per Basic Share
- -
0.07
0.11
0.18
0.14
0.17
0.15
0.18
0.24
0.26
0.27
0.25
Dividend per Share
- -
- -
0.03
0.1
0.07
0.06
0.09
0.12
0.12
0.12
0.13
0.15
Book Value per Share
- -
1.61
2.06
1.85
1.95
1.95
2.1
2.2
2.29
2.3
2.37
2.4
Tangible Book Value per Share
- -
1.61
2.06
1.85
1.95
1.95
2.1
2.2
2.29
2.3
2.37
2.4
Basic Weighted Avg Shares
128
166
157
180
286
508
627
688
686
731
762
860
Sales/Revenue/Turnover
- -
14
29
47
58
112
124
167
201
237
262
280
Operating Margin (%)
57.95
67.75
66.14
65.28
66.53
74.52
74.3
74.09
77.65
80.2
78.95
78.62
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-4
4
7
12
79
2
159
144
148
123
212
207
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-1,285.51
26.4
22.55
25.37
136.47
2.03
128.26
86.35
73.78
51.87
81.08
73.85
Working Capital
- -
44
127
19
291
78
254
-93
102
44
78
352
LT Debt
- -
39
258
417
396
704
1,020
1,073
1,483
1,635
1,678
2,301
Total Equity
- -
267
329
397
768
1,218
1,320
1,521
1,583
1,731
1,997
2,075
Return on Invested Capital (%)
- -
- -
2.82
3.27
8.96
1.73
8.73
8.3
7.1
6.35
8
7.01
Return on Capital (%)
- -
- -
2.58
2.69
8.89
0.97
7.95
6.15
5.83
4.89
7.03
6.37
Return on Common Equity (%)
- -
- -
2.19
3.27
13.64
0.23
12.51
10.13
9.54
7.42
11.39
11.16

Capital Structure

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
105
202
156
LT Borrowings
1,678
2,222
2,301
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
842
850
842
Market Capitalization
1,987
1,784
1,696

Working Capital

ILS

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
205
624
554
Cash, Cash Equivalents & STI
195
225
170
Accounts Receivable, Net
2
38
20
Inventories
- -
- -
- -
Total Current Liabilities
127
290
202
Payables & Accruals
- -
- -
- -
ST Debt
105
202
156
Deferred Revenue
- -
- -
- -

Growth Rates

ILS

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.48%
15.4%
Free Cash Flow
199.56%
18.92%
8.99%
Net Income, GAAP
735.02%
1,384.31%
72.56%
Sales/Revenue/Turnover
524.36%
18.83%
10.4%
Total Cash Common Dividend
- -
28.88%
10.43%

Quarterly Revenue

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
56
59
61
61
237
2025
60
65
68
69
262
2026
69
74
- -
- -
- -

Quarterly Earnings Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.02
0.09
0.17
2025
0.05
0.05
0.04
0.12
0.28
2026
0.04
0.04
- -
- -
- -

Quarterly Dividends Per Share

ILS

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.07
0.03
0.03
0.12
2025
- -
0.03
0.06
0.03
0.13
2026
- -
0.06
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ofer Avram
Full Time Employees
16
Sector
Finance
Industry
Real estate investment trusts
Address
Three Hashel Street Caesarea HA Israel
IPO Date
Apr 9, 2017
Website
menivim-reit.co.il
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Business
Menivim - The New REIT Ltd is an Israel-based real estate investment trust (REIT) that owns and leases income-generating properties primarily in the sectors of industry, logistics, offices, high-tech and commerce. The company holds a diversified portfolio of approximately 315,000 square meters of above-ground leasable space and 76,000 square meters of parking areas across Israel, with total asset value exceeding 3.43 billion ILS; properties feature long-term, index-linked leases to financially stable tenants, adhering to REIT regulations including at least 90% distribution of taxable income as dividends, leverage capped at 60% and no controlling shareholders. Founded in 2015 and headquartered at 3 HaEshel Street in the Caesarea Industrial Park, Caesarea, Israel, Menivim listed on the Tel Aviv Stock Exchange in April 2017 under ticker MNRT.TA and trades in the real estate index, with major institutional shareholders including Harel, Migdal, Menora, Clal, Phoenix, Psagot and Gilad Pension Fund. The company maintains an Aa3.il credit rating from Midroog with a stable outlook as of April 2025, reflecting prudent financial management and consistent portfolio growth. In recent developments, Menivim reported strong financial performance for the third quarter and nine months ended September 30, 2025, with sales rising to 67.77 million ILS and 192.74 million ILS respectively, alongside net income increases to 32.34 million ILS and 109.39 million ILS, driven by higher rental revenues and operational efficiencies.