Financials Al-Mashreq Insurance Public Shareholding Company

Equities

MIC

PS3004112929

Multiline Insurance & Brokers

End-of-day quote Palestine Exchange 06:00:00 2023-05-13 pm EDT 5-day change 1st Jan Change
3.14 USD -.--% Intraday chart for Al-Mashreq Insurance Public Shareholding Company -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 5.616 10.4 12.38 12.69 17.87 21.7
Enterprise Value (EV) 1 2.234 5.579 10.77 8.134 15.53 22.37
P/E ratio 2.27 x 4.23 x 10.2 x 12.3 x 20.4 x 7.12 x
Yield - - - - 0.77% 0.81%
Capitalization / Revenue 0.25 x 0.45 x 0.44 x 0.45 x 0.5 x 0.52 x
EV / Revenue 0.1 x 0.24 x 0.39 x 0.29 x 0.43 x 0.54 x
EV / EBITDA 0.76 x 1.75 x 16.4 x 8.78 x 19.5 x 30.1 x
EV / FCF 0.47 x -194 x 5.29 x 2.68 x -5.71 x -7.61 x
FCF Yield 214% -0.52% 18.9% 37.3% -17.5% -13.1%
Price to Book 0.99 x 1.19 x 1.32 x 1.3 x 1.52 x 1.32 x
Nbr of stocks (in thousands) 8,000 8,000 8,000 8,000 8,000 8,000
Reference price 2 0.7020 1.300 1.547 1.586 2.234 2.712
Announcement Date 3/29/18 4/1/19 4/20/20 4/15/21 3/23/22 3/30/23
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 22.55 23.29 27.88 28.34 35.77 41.58
EBITDA 1 2.956 3.195 0.6585 0.9268 0.7966 0.7434
EBIT 1 2.691 2.978 0.4137 0.6743 0.4957 0.4145
Operating Margin 11.93% 12.79% 1.48% 2.38% 1.39% 1%
Earnings before Tax (EBT) 1 4.592 3.422 2.091 1.789 1.343 3.804
Net income 1 2.476 2.457 1.218 1.031 0.8759 2.723
Net margin 10.98% 10.55% 4.37% 3.64% 2.45% 6.55%
EPS 2 0.3095 0.3072 0.1522 0.1289 0.1095 0.3812
Free Cash Flow 1 4.777 -0.0288 2.035 3.031 -2.718 -2.939
FCF margin 21.19% -0.12% 7.3% 10.69% -7.6% -7.07%
FCF Conversion (EBITDA) 161.64% - 309% 327.01% - -
FCF Conversion (Net income) 192.96% - 167.05% 293.93% - -
Dividend per Share - - - - 0.0172 0.0219
Announcement Date 3/29/18 4/1/19 4/20/20 4/15/21 3/23/22 3/30/23
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - 0.67
Net Cash position 1 3.38 4.82 1.61 4.55 2.35 -
Leverage (Debt/EBITDA) - - - - - 0.903 x
Free Cash Flow 1 4.78 -0.03 2.03 3.03 -2.72 -2.94
ROE (net income / shareholders' equity) 33.8% 19.2% 12.6% 8.17% 6.43% 16.7%
ROA (Net income/ Total Assets) 4.34% 4.09% 0.48% 0.66% 0.42% 0.32%
Assets 1 57.07 60.1 253.7 156.9 206.4 838.8
Book Value Per Share 2 0.7100 1.090 1.170 1.220 1.470 2.050
Cash Flow per Share 2 0.4200 0.6500 0.5800 0.9400 0.7200 0.3800
Capex 1 0.33 0.41 0.44 0.37 0.64 0.78
Capex / Sales 1.45% 1.77% 1.57% 1.3% 1.78% 1.88%
Announcement Date 3/29/18 4/1/19 4/20/20 4/15/21 3/23/22 3/30/23
1USD in Million2USD
Estimates
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