Financials Al Fujairah National Insurance Company

Equities

AFNIC

AEA002901014

Property & Casualty Insurance

Market Closed - Abu Dhabi Securities Exchange 04:23:13 2022-12-19 am EST 5-day change 1st Jan Change
210 AED -6.25% Intraday chart for Al Fujairah National Insurance Company -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 300 300 300 298.1 279.5 279.5
Enterprise Value (EV) 1 227.8 271.4 286.8 286.3 257.7 265.3
P/E ratio 9.54 x 9.61 x 8.12 x 16 x -19.4 x -35 x
Yield 3.33% 2.93% 6.05% 4.46% - -
Capitalization / Revenue 1.35 x 1.25 x 1.34 x 1.57 x 1.48 x 0.95 x
EV / Revenue 1.02 x 1.13 x 1.28 x 1.51 x 1.37 x 0.9 x
EV / EBITDA 5.71 x 7.7 x 6.01 x 13.6 x -25.5 x -39.7 x
EV / FCF 7.94 x 7.37 x 45.7 x 146 x 9.71 x -
FCF Yield 12.6% 13.6% 2.19% 0.68% 10.3% -
Price to Book 1.22 x 1.06 x 0.95 x 0.88 x 0.95 x 0.93 x
Nbr of stocks (in thousands) 1,331 1,331 1,331 1,331 1,331 1,331
Reference price 2 225.4 225.4 225.4 224.0 210.0 210.0
Announcement Date 3/13/19 3/12/20 3/17/21 3/24/22 3/16/23 3/6/24
1AED in Million2AED
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 222.3 239.3 224 190.2 188.5 293.3
EBITDA 1 39.9 35.26 47.72 20.98 -10.12 -6.686
EBIT 1 37.35 31.65 43.77 17.23 -14.08 -10.24
Operating Margin 16.8% 13.22% 19.54% 9.06% -7.47% -3.49%
Earnings before Tax (EBT) 1 31.46 31.21 36.93 18.69 -14.43 -7.979
Net income 1 31.46 31.21 36.93 18.69 -14.43 -7.979
Net margin 14.15% 13.04% 16.49% 9.82% -7.66% -2.72%
EPS 2 23.63 23.45 27.75 14.04 -10.84 -5.995
Free Cash Flow 1 28.68 36.82 6.28 1.961 26.53 -
FCF margin 12.9% 15.38% 2.8% 1.03% 14.08% -
FCF Conversion (EBITDA) 71.89% 104.44% 13.16% 9.35% - -
FCF Conversion (Net income) 91.17% 117.97% 17% 10.49% - -
Dividend per Share 2 7.513 6.612 13.64 10.00 - -
Announcement Date 3/13/19 3/12/20 3/17/21 3/24/22 3/16/23 3/6/24
1AED in Million2AED
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 72.2 28.6 13.2 11.8 21.8 14.2
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 28.7 36.8 6.28 1.96 26.5 -
ROE (net income / shareholders' equity) 13.1% 11.8% 12.3% 5.71% -4.55% -2.69%
ROA (Net income/ Total Assets) 4.46% 3.43% 4.44% 1.69% -1.32% -1.02%
Assets 1 704.6 909.7 831.4 1,103 1,093 782.8
Book Value Per Share 2 185.0 213.0 237.0 255.0 221.0 227.0
Cash Flow per Share 2 54.50 38.30 26.30 28.40 29.00 18.90
Capex 1 5.15 3.7 2.69 2.28 1.03 1.34
Capex / Sales 2.32% 1.55% 1.2% 1.2% 0.55% 0.46%
Announcement Date 3/13/19 3/12/20 3/17/21 3/24/22 3/16/23 3/6/24
1AED in Million2AED
Estimates
  1. Stock Market
  2. Equities
  3. AFNIC Stock
  4. Financials Al Fujairah National Insurance Company