Financials Agrani Insurance Company Limited

Equities

AGRANINS

BD0721AGICL9

Property & Casualty Insurance

End-of-day quote Dhaka S.E. 06:00:00 2024-05-05 pm EDT 5-day change 1st Jan Change
34 BDT -0.29% Intraday chart for Agrani Insurance Company Limited +0.59% -9.57%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 565.1 498.3 786.4 1,077 1,905 1,175
Enterprise Value (EV) 1 331.5 266.4 585.4 832.5 1,603 964.8
P/E ratio 11.6 x 10 x 22.9 x 17.3 x 35.7 x 18.6 x
Yield 2.43% - 3.85% 1.4% 2.5% 2.16%
Capitalization / Revenue 2.45 x 1.95 x 3.28 x 3.87 x 8.47 x 4.33 x
EV / Revenue 1.44 x 1.04 x 2.44 x 2.99 x 7.13 x 3.56 x
EV / EBITDA 4.3 x 2.47 x 9.26 x 8.94 x 29.9 x 7.34 x
EV / FCF -85.6 x 20.1 x -15.6 x 13.1 x 28.9 x -267 x
FCF Yield -1.17% 4.98% -6.39% 7.66% 3.46% -0.38%
Price to Book 1.16 x 0.95 x 1.5 x 1.97 x 3.23 x 1.95 x
Nbr of stocks (in thousands) 33,980 33,980 33,980 33,980 33,980 33,980
Reference price 2 16.63 14.67 23.14 31.69 56.07 34.58
Announcement Date 7/2/18 6/15/19 9/16/20 3/14/21 6/27/22 6/26/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 230.9 255.3 239.6 278.1 224.9 271.4
EBITDA 1 77.09 107.7 63.24 93.13 53.66 131.5
EBIT 1 68.29 98.73 54.82 85.73 47.63 123.2
Operating Margin 29.57% 38.68% 22.88% 30.83% 21.18% 45.4%
Earnings before Tax (EBT) 1 65.54 65.06 44.05 81.94 48.62 124
Net income 1 48.57 49.69 34.48 64.85 30.52 97.93
Net margin 21.03% 19.46% 14.39% 23.32% 13.57% 36.09%
EPS 2 1.429 1.462 1.009 1.836 1.572 1.860
Free Cash Flow 1 -3.871 13.26 -37.43 63.79 55.5 -3.619
FCF margin -1.68% 5.19% -15.62% 22.94% 24.68% -1.33%
FCF Conversion (EBITDA) - 12.31% - 68.5% 103.43% -
FCF Conversion (Net income) - 26.68% - 98.36% 181.86% -
Dividend per Share 2 0.4036 - 0.8901 0.4450 1.402 0.7477
Announcement Date 7/2/18 6/15/19 9/16/20 3/14/21 6/27/22 6/26/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 234 232 201 244 302 210
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -3.87 13.3 -37.4 63.8 55.5 -3.62
ROE (net income / shareholders' equity) 10.3% 9.85% 6.8% 12.1% 4.38% 15%
ROA (Net income/ Total Assets) 6.03% 8.06% 4.25% 6.41% 3.4% 8.39%
Assets 1 805.8 616.8 811.7 1,012 896.7 1,168
Book Value Per Share 2 14.30 15.40 15.50 16.10 17.40 17.80
Cash Flow per Share 2 7.550 8.000 8.170 8.690 9.660 8.040
Capex 1 9.61 4.98 4.21 0.92 2.04 8.66
Capex / Sales 4.16% 1.95% 1.76% 0.33% 0.91% 3.19%
Announcement Date 7/2/18 6/15/19 9/16/20 3/14/21 6/27/22 6/26/23
1BDT in Million2BDT
Estimates
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