Financials National Insurance Company (Palestine)

Equities

NIC

PS3002112921

Property & Casualty Insurance

End-of-day quote Palestine Exchange 06:00:00 2024-05-22 pm EDT 5-day change 1st Jan Change
3.09 USD 0.00% Intraday chart for National Insurance Company (Palestine) -0.32% +7.70%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 36.92 53.85 55.25 55.95 73.02 70.77
Enterprise Value (EV) 1 15.04 31.19 35.21 39.99 59.17 56.36
P/E ratio 4.86 x 14.5 x 7.9 x 7.25 x 24.1 x 19 x
Yield 8.13% 5.57% 5.43% 6.03% 4.13% 3.05%
Capitalization / Revenue 0.84 x 1.17 x 1.2 x 1.16 x 1.33 x 1.34 x
EV / Revenue 0.34 x 0.68 x 0.76 x 0.83 x 1.08 x 1.06 x
EV / EBITDA 2.67 x 4.09 x 6.28 x 6.44 x 23.8 x 8.61 x
EV / FCF 1.63 x 3.75 x 6.6 x -16.2 x 13.2 x -44.8 x
FCF Yield 61.5% 26.7% 15.1% -6.17% 7.57% -2.23%
Price to Book 0.96 x 1.37 x 1.36 x 1.24 x 1.62 x 1.59 x
Nbr of stocks (in thousands) 18,500 18,500 18,500 18,500 18,500 18,500
Reference price 2 1.996 2.911 2.986 3.024 3.947 3.826
Announcement Date 3/25/18 3/20/19 3/17/20 3/25/21 3/17/22 3/22/23
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 44.05 46.17 46.22 48.1 54.75 52.93
EBITDA 1 5.624 7.622 5.611 6.214 2.491 6.542
EBIT 1 5.261 7.242 5.175 5.746 1.998 6.023
Operating Margin 11.94% 15.69% 11.2% 11.95% 3.65% 11.38%
Earnings before Tax (EBT) 1 6.918 5.582 8.786 9.8 3.323 5.043
Net income 1 7.536 3.699 6.989 7.72 3.025 3.722
Net margin 17.11% 8.01% 15.12% 16.05% 5.52% 7.03%
EPS 2 0.4106 0.2005 0.3778 0.4173 0.1635 0.2012
Free Cash Flow 1 9.244 8.317 5.334 -2.468 4.479 -1.257
FCF margin 20.98% 18.01% 11.54% -5.13% 8.18% -2.37%
FCF Conversion (EBITDA) 164.35% 109.11% 95.08% - 179.8% -
FCF Conversion (Net income) 122.65% 224.84% 76.32% - 148.09% -
Dividend per Share 2 0.1622 0.1622 0.1622 0.1824 0.1632 0.1166
Announcement Date 3/25/18 3/20/19 3/17/20 3/25/21 3/17/22 3/22/23
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 21.9 22.7 20 16 13.8 14.4
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 9.24 8.32 5.33 -2.47 4.48 -1.26
ROE (net income / shareholders' equity) 16.1% 9.34% 17.5% 17.5% 6.63% 8.31%
ROA (Net income/ Total Assets) 3.41% 4.38% 2.93% 2.87% 0.91% 2.78%
Assets 1 221.1 84.54 238.3 269.3 331.3 133.7
Book Value Per Share 2 2.080 2.130 2.190 2.450 2.430 2.400
Cash Flow per Share 2 1.210 1.230 1.160 0.9200 0.8100 0.8300
Capex 1 0.59 0.27 0.27 0.44 1.06 1.13
Capex / Sales 1.34% 0.58% 0.59% 0.92% 1.93% 2.14%
Announcement Date 3/25/18 3/20/19 3/17/20 3/25/21 3/17/22 3/22/23
1USD in Million2USD
Estimates
  1. Stock Market
  2. Equities
  3. NIC Stock
  4. Financials National Insurance Company (Palestine)