Financials Atlantic Insurance Company Public Limited

Equities

ATL

CY0006010314

Multiline Insurance & Brokers

End-of-day quote CYPRUS S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2 EUR +1.01% Intraday chart for Atlantic Insurance Company Public Limited +1.52% +16.28%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 54.52 51.8 54.13 66.2 61.53 66.98
Enterprise Value (EV) 1 42.03 40.9 42.66 53.9 52.88 64.21
P/E ratio 31 x 7.53 x 14.5 x 5.62 x 11.1 x 5.24 x
Yield 6.79% - 6.12% 5% 7.59% 8.14%
Capitalization / Revenue 3.39 x 2.29 x 2.93 x 2.41 x 2.83 x 2.33 x
EV / Revenue 2.61 x 1.81 x 2.31 x 1.96 x 2.43 x 2.24 x
EV / EBITDA 18.1 x 5.47 x 8.7 x 4.23 x 8.49 x 4.61 x
EV / FCF -145 x 7.11 x 19.9 x -1,280 x 14.3 x 226 x
FCF Yield -0.69% 14.1% 5.03% -0.08% 6.98% 0.44%
Price to Book 1.54 x 1.34 x 1.37 x 1.37 x 1.24 x 1.15 x
Nbr of stocks (in thousands) 38,944 38,944 38,944 38,944 38,944 38,944
Reference price 2 1.400 1.330 1.390 1.700 1.580 1.720
Announcement Date 4/22/19 5/4/20 4/7/21 4/7/22 4/10/23 4/8/24
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 16.08 22.65 18.48 27.51 21.78 28.71
EBITDA 1 2.32 7.48 4.906 12.75 6.23 13.92
EBIT 1 2.101 7.253 4.686 12.5 5.976 13.6
Operating Margin 13.07% 32.03% 25.36% 45.43% 27.44% 47.38%
Earnings before Tax (EBT) 1 2.454 7.572 4.61 12.47 6.211 13.78
Net income 1 1.765 6.884 3.746 11.79 5.561 12.78
Net margin 10.98% 30.4% 20.27% 42.84% 25.54% 44.53%
EPS 2 0.0451 0.1767 0.0962 0.3027 0.1428 0.3282
Free Cash Flow 1 -0.2899 5.755 2.146 -0.0421 3.691 0.2836
FCF margin -1.8% 25.41% 11.61% -0.15% 16.95% 0.99%
FCF Conversion (EBITDA) - 76.94% 43.74% - 59.25% 2.04%
FCF Conversion (Net income) - 83.6% 57.28% - 66.37% 2.22%
Dividend per Share 2 0.0950 - 0.0850 0.0850 0.1200 0.1400
Announcement Date 4/22/19 5/4/20 4/7/21 4/7/22 4/10/23 4/8/24
1EUR in Million2EUR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 12.5 10.9 11.5 12.3 8.65 2.77
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -0.29 5.76 2.15 -0.04 3.69 0.28
ROE (net income / shareholders' equity) 4.73% 18.5% 9.5% 26.7% 11.4% 23.6%
ROA (Net income/ Total Assets) 1.73% 6.48% 4.37% 11.3% 4.9% 11.4%
Assets 1 102 106.3 85.74 104.6 113.6 112.6
Book Value Per Share 2 0.9100 0.9900 1.020 1.240 1.270 1.500
Cash Flow per Share 2 0.3200 0.2800 0.2900 0.3200 0.2200 0.0700
Capex 1 0.24 0.07 0.12 - - -
Capex / Sales 1.49% 0.3% 0.65% - - -
Announcement Date 4/22/19 5/4/20 4/7/21 4/7/22 4/10/23 4/8/24
1EUR in Million2EUR
Estimates
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