Financials AIA Insurance Lanka PLC

Equities

CTCE/N0000

LK0181N00004

Multiline Insurance & Brokers

End-of-day quote Colombo S.E. 06:00:00 2019-02-27 pm EST 5-day change 1st Jan Change
1,555 LKR -2.66% Intraday chart for AIA Insurance Lanka PLC -13.54% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 52,508 47,815 47,815 47,815 47,815 47,815
Enterprise Value (EV) 1 51,847 47,834 47,590 48,157 48,248 47,883
P/E ratio 12.8 x 24.1 x 106 x 27 x 66.5 x 22.8 x
Yield 1.46% 3.22% 1.93% 2.25% - -
Capitalization / Revenue 2.87 x 2.41 x 2.38 x 2.03 x 1.82 x 1.5 x
EV / Revenue 2.84 x 2.42 x 2.37 x 2.05 x 1.84 x 1.5 x
EV / EBITDA 28 x 13 x 43.1 x 16.2 x 25.4 x 12.4 x
EV / FCF 25.8 x 52 x -7.6 x 5.78 x -5.82 x 3.37 x
FCF Yield 3.87% 1.92% -13.2% 17.3% -17.2% 29.7%
Price to Book 2.81 x 2.32 x 2.32 x 2.42 x 3.06 x 2.28 x
Nbr of stocks (in thousands) 30,749 30,749 30,749 30,749 30,749 30,749
Reference price 2 1,708 1,555 1,555 1,555 1,555 1,555
Announcement Date 3/1/19 2/11/21 2/11/21 2/28/22 5/30/23 5/17/24
1LKR in Million2LKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 18,281 19,804 20,067 23,543 26,266 31,923
EBITDA 1 1,855 3,670 1,105 2,978 1,899 3,868
EBIT 1 1,670 3,370 859.1 2,743 1,717 3,686
Operating Margin 9.13% 17.02% 4.28% 11.65% 6.54% 11.55%
Earnings before Tax (EBT) 1 1,612 3,169 725.8 2,569 1,093 3,596
Net income 1 4,111 1,981 449.6 1,772 805.5 2,467
Net margin 22.49% 10% 2.24% 7.53% 3.07% 7.73%
EPS 2 133.7 64.43 14.62 57.63 23.39 68.10
Free Cash Flow 1 2,007 919.4 -6,259 8,335 -8,287 14,220
FCF margin 10.98% 4.64% -31.19% 35.4% -31.55% 44.55%
FCF Conversion (EBITDA) 108.18% 25.05% - 279.92% - 367.67%
FCF Conversion (Net income) 48.82% 46.41% - 470.38% - 576.41%
Dividend per Share 2 25.00 50.00 30.00 35.00 - -
Announcement Date 3/1/19 2/11/21 2/11/21 2/28/22 5/30/23 5/17/24
1LKR in Million2LKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 19.1 - 342 432 68.2
Net Cash position 1 660 - 226 - - -
Leverage (Debt/EBITDA) - 0.005197 x - 0.1149 x 0.2277 x 0.0176 x
Free Cash Flow 1 2,007 919 -6,259 8,335 -8,287 14,220
ROE (net income / shareholders' equity) 22.8% 10.1% 2.18% 8.79% 4.22% 11.5%
ROA (Net income/ Total Assets) 1.95% 3.62% 0.8% 2.37% 1.56% 2.84%
Assets 1 210,705 54,742 56,259 74,765 51,757 87,003
Book Value Per Share 2 608.0 671.0 669.0 642.0 508.0 681.0
Cash Flow per Share 2 24.10 28.40 47.30 21.60 33.50 20.70
Capex 1 278 234 351 68.8 121 155
Capex / Sales 1.52% 1.18% 1.75% 0.29% 0.46% 0.49%
Announcement Date 3/1/19 2/11/21 2/11/21 2/28/22 5/30/23 5/17/24
1LKR in Million2LKR
Estimates
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