Financials Al Khaleej Takaful Insurance Company Q.P.S.C.

Equities

AKHI

QA0006929762

Property & Casualty Insurance

End-of-day quote Qatar Exchange 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
2.574 QAR +0.35% Intraday chart for Al Khaleej Takaful Insurance Company Q.P.S.C. +0.90% -13.33%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 219.3 510.6 484.5 919 587.4 758.2
Enterprise Value (EV) 1 185.7 450.2 289.9 753.3 521.7 688.5
P/E ratio 10.8 x 17.7 x 14.3 x 22.9 x 11.6 x 11.7 x
Yield 5.82% 2.5% 2.63% 2.08% 4.35% 4.04%
Capitalization / Revenue 1.15 x 2.97 x 2.88 x 5.02 x 2.8 x 2.98 x
EV / Revenue 0.98 x 2.62 x 1.72 x 4.11 x 2.49 x 2.71 x
EV / EBITDA 5.18 x 12.2 x 7.41 x 16.3 x 9.24 x 9.82 x
EV / FCF -1.61 x 8.53 x 8.27 x 9.5 x 13 x 14.7 x
FCF Yield -62.2% 11.7% 12.1% 10.5% 7.7% 6.81%
Price to Book 0.42 x 0.95 x 0.88 x 1.74 x 1.07 x 1.27 x
Nbr of stocks (in thousands) 255,279 255,279 255,279 255,279 255,279 255,279
Reference price 2 0.8590 2.000 1.898 3.600 2.301 2.970
Announcement Date 3/5/20 3/5/20 3/10/21 2/28/22 2/21/23 2/15/24
1QAR in Million2QAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 190.1 171.9 168.5 183.1 209.6 254.3
EBITDA 1 35.85 36.89 39.14 46.1 56.45 70.12
EBIT 1 24.01 30.03 33.7 40.3 50.71 68.62
Operating Margin 12.63% 17.47% 20% 22.01% 24.2% 26.98%
Earnings before Tax (EBT) 1 20.28 28.87 34.01 40.15 50.8 64.57
Net income 1 20.28 28.85 34 40.13 50.8 64.57
Net margin 10.66% 16.79% 20.18% 21.91% 24.24% 25.39%
EPS 2 0.0794 0.1130 0.1332 0.1572 0.1990 0.2530
Free Cash Flow 1 -115.5 52.78 35.05 79.29 40.18 46.87
FCF margin -60.75% 30.71% 20.8% 43.3% 19.17% 18.43%
FCF Conversion (EBITDA) - 143.07% 89.55% 171.99% 71.17% 66.85%
FCF Conversion (Net income) - 182.92% 103.1% 197.59% 79.1% 72.58%
Dividend per Share 2 0.0500 0.0500 0.0500 0.0750 0.1000 0.1200
Announcement Date 3/5/20 3/5/20 3/10/21 2/28/22 2/21/23 2/15/24
1QAR in Million2QAR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 33.6 60.3 195 166 65.7 69.7
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -116 52.8 35.1 79.3 40.2 46.9
ROE (net income / shareholders' equity) 4.01% 5.45% 6.24% 7.86% 9.42% 11.2%
ROA (Net income/ Total Assets) 1.57% 1.88% 2.06% 2.6% 3.24% 4.23%
Assets 1 1,291 1,538 1,654 1,543 1,566 1,526
Book Value Per Share 2 2.040 2.110 2.160 2.070 2.160 2.340
Cash Flow per Share 2 0.1300 0.2400 0.7600 0.6700 0.2700 0.2900
Capex 1 0.11 0.56 2.54 1.51 2.21 2.36
Capex / Sales 0.06% 0.33% 1.51% 0.82% 1.06% 0.93%
Announcement Date 3/5/20 3/5/20 3/10/21 2/28/22 2/21/23 2/15/24
1QAR in Million2QAR
Estimates
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