BUPA ARABIA FOR COOPERATIVE INSURANCE COMPANY Financials Bupa Arabia for Cooperative Insurance Company
Equities
8210
SA1210540914
Life & Health Insurance
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 224.4 SAR | -2.01% |
|
-2.86% | +5.15% |
| Jun. 05 | Bupa Arabia Gets Regulatory Nod for Insurance Product | MT |
| May. 28 | Saudi Insurer Bupa Arabia Proposes Dividend for FY23 | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 12,241 | 14,608 | 15,708 | 21,488 | 31,904 | 33,614 | - | - |
| Enterprise Value (EV) 1 | 12,241 | 14,608 | 15,708 | 21,488 | 31,904 | 33,614 | 33,614 | 33,614 |
| P/E ratio | 20.6 x | 21 x | 25.1 x | 24.9 x | 33.9 x | 26.3 x | 21.8 x | 17.9 x |
| Yield | 1.46% | 2.78% | 2.59% | 3.13% | - | 2.45% | 3.03% | 3.67% |
| Capitalization / Revenue | 1.31 x | 1.36 x | 1.48 x | 1.67 x | 2.01 x | 1.83 x | 1.59 x | 1.44 x |
| EV / Revenue | 1.31 x | 1.36 x | 1.48 x | 1.67 x | 2.01 x | 1.83 x | 1.59 x | 1.44 x |
| EV / EBITDA | - | - | - | - | - | - | - | - |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | 4.02 x | 3.76 x | 3.74 x | 5 x | 6.82 x | 5.98 x | 5.4 x | 4.54 x |
| Nbr of stocks (in thousands) | 149,427 | 149,427 | 149,427 | 149,427 | 149,505 | 149,793 | - | - |
| Reference price 2 | 81.92 | 97.76 | 105.1 | 143.8 | 213.4 | 224.4 | 224.4 | 224.4 |
| Announcement Date | 2/27/20 | 3/9/21 | 2/24/22 | 2/23/23 | 2/11/24 | - | - | - |
1SAR in Million2SAR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 9,371 | 10,734 | 10,618 | 12,837 | 15,888 | 18,356 | 21,083 | 23,342 |
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT | 779.5 | 903.8 | 789 | 1,092 | - | - | - | - |
| Operating Margin | 8.32% | 8.42% | 7.43% | 8.51% | - | - | - | - |
| Earnings before Tax (EBT) 1 | 712.7 | 823.7 | 730.7 | 1,027 | - | 1,578 | 1,945 | 2,264 |
| Net income 1 | 712.7 | 823.7 | 625.6 | 862.6 | 940.2 | 1,322 | 1,525 | 1,908 |
| Net margin | 7.6% | 7.67% | 5.89% | 6.72% | 5.92% | 7.2% | 7.23% | 8.17% |
| EPS 2 | 3.976 | 4.664 | 4.184 | 5.780 | 6.290 | 8.528 | 10.30 | 12.56 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 1.200 | 2.720 | 2.720 | 4.500 | - | 5.500 | 6.797 | 8.231 |
| Announcement Date | 2/27/20 | 3/9/21 | 2/24/22 | 2/23/23 | 2/11/24 | - | - | - |
1SAR in Million2SAR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 2,839 | 4,222 | 3,001 | 4,176 | 3,409 | - | 3,885 | 4,093 | 4,160 | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | 19.99 | 138 | 291 | 375.3 | 58.27 | 188.6 | 371.4 | 275.4 | 104.9 | 359.4 |
| Net margin | 0.7% | 3.27% | 9.7% | 8.99% | 1.71% | - | 9.56% | 6.73% | 2.52% | - |
| EPS | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/24/22 | 4/28/22 | 8/11/22 | 11/8/22 | 2/23/23 | 6/6/23 | 8/9/23 | 11/8/23 | 2/11/24 | 5/6/24 |
1SAR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 21.1% | 20% | 18.1% | 20.3% | 21.2% | 24.2% | 24.5% | 24.4% |
| ROA (Net income/ Total Assets) | 6.43% | 6.42% | 6.12% | 6.46% | - | 9.5% | 10.1% | 9.1% |
| Assets 1 | 11,089 | 12,825 | 10,229 | 13,355 | - | 13,921 | 15,102 | 20,967 |
| Book Value Per Share 2 | 20.40 | 26.00 | 28.10 | 28.80 | 31.30 | 37.50 | 41.60 | 49.40 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 2/27/20 | 3/9/21 | 2/24/22 | 2/23/23 | 2/11/24 | - | - | - |
1SAR in Million2SAR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
5
Last Close Price
224.4
SAR
Average target price
222
SAR
Spread / Average Target
-1.05%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +5.15% | 8.96B | |
| +6.46% | 6.87B | |
| +4.15% | 5.42B | |
| +111.15% | 4.58B | |
| +2.57% | 2.42B | |
| +3.54% | 873M | |
| +88.89% | 762M | |
| -9.17% | 136M | |
| -25.43% | 55.94M |
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- Financials Bupa Arabia for Cooperative Insurance Company
