Financials Al Madina Insurance Company SAOG

Equities

AMAT

OM0000004768

Multiline Insurance & Brokers

End-of-day quote Muscat Exchange 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
0.081 OMR -1.22% Intraday chart for Al Madina Insurance Company SAOG -2.41% -3.57%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 16.62 13.82 13.65 16.62 15.75 14.7
Enterprise Value (EV) 1 13.43 7.852 6.39 9.359 9.079 3.395
P/E ratio 23.1 x 15.1 x 19.1 x 17.4 x 14.8 x 11.5 x
Yield 5.26% 7.59% 12.8% 7.89% 7.78% 8.33%
Capitalization / Revenue 0.98 x 0.83 x 0.86 x 1.26 x 0.91 x 0.87 x
EV / Revenue 0.79 x 0.47 x 0.4 x 0.71 x 0.52 x 0.2 x
EV / EBITDA 11.3 x 5.92 x 5.55 x 7.4 x 6.32 x 2.54 x
EV / FCF 4.43 x 3.53 x 2.5 x -14.2 x 1.35 x -1.73 x
FCF Yield 22.6% 28.4% 40% -7.02% 74.2% -58%
Price to Book 0.71 x 0.59 x 0.58 x 0.73 x 0.72 x 0.67 x
Nbr of stocks (in thousands) 175,000 175,000 175,000 175,000 175,000 175,000
Reference price 2 0.0950 0.0790 0.0780 0.0950 0.0900 0.0840
Announcement Date 2/25/19 2/25/20 2/23/21 2/24/22 2/26/23 2/26/24
1OMR in Million2OMR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 16.99 16.75 15.89 13.16 17.31 16.81
EBITDA 1 1.186 1.325 1.151 1.265 1.436 1.336
EBIT 1 0.952 1.139 0.992 1.147 1.313 1.241
Operating Margin 5.6% 6.8% 6.24% 8.72% 7.58% 7.38%
Earnings before Tax (EBT) 1 0.9522 1.153 0.9921 1.148 1.313 1.56
Net income 1 0.7197 0.9133 0.7152 0.9548 1.061 1.277
Net margin 4.24% 5.45% 4.5% 7.25% 6.13% 7.6%
EPS 2 0.004112 0.005218 0.004086 0.005456 0.006064 0.007295
Free Cash Flow 1 3.03 2.226 2.555 -0.6568 6.739 -1.968
FCF margin 17.84% 13.3% 16.08% -4.99% 38.92% -11.71%
FCF Conversion (EBITDA) 255.58% 167.99% 222% - 469.3% -
FCF Conversion (Net income) 421.03% 243.78% 357.23% - 635.04% -
Dividend per Share 2 0.005000 0.006000 0.0100 0.007500 0.007000 0.007000
Announcement Date 2/25/19 2/25/20 2/23/21 2/24/22 2/26/23 2/26/24
1OMR in Million2OMR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 3.2 5.97 7.26 7.27 6.67 11.3
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 3.03 2.23 2.55 -0.66 6.74 -1.97
ROE (net income / shareholders' equity) 3.09% 3.89% 3.05% 4.14% 4.75% 5.83%
ROA (Net income/ Total Assets) 0.48% 0.81% 0.64% 0.65% 0.67% 0.63%
Assets 1 148.5 113.1 111.6 146.1 158.4 202.3
Book Value Per Share 2 0.1300 0.1300 0.1300 0.1300 0.1300 0.1300
Cash Flow per Share 2 0.0200 0.0300 0.0400 0.0400 0.0400 0.0600
Capex 1 0.08 0.1 0.04 0.07 0.05 0.08
Capex / Sales 0.49% 0.62% 0.25% 0.57% 0.28% 0.46%
Announcement Date 2/25/19 2/25/20 2/23/21 2/24/22 2/26/23 2/26/24
1OMR in Million2OMR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
0.081 OMR
Average target price
0.097 OMR
Spread / Average Target
+19.75%
Consensus
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