Financials Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance

Equities

ASCANA

AEA001401016

Multiline Insurance & Brokers

Market Closed - Dubai FM 02:00:00 2024-04-15 am EDT 5-day change 1st Jan Change
1.65 AED 0.00% Intraday chart for Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance 0.00% +3.77%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 415.8 284.9 292.6 275.7 284.9 244.9
Enterprise Value (EV) 1 379.3 204.4 144 187.6 214.7 41.22
P/E ratio 20 x -44.7 x 9.96 x 42.8 x -9.51 x -3.2 x
Yield 3.7% - 5.26% 8.38% - -
Capitalization / Revenue 2.41 x 2.31 x 2.61 x 2.73 x 2.59 x 1.75 x
EV / Revenue 2.2 x 1.66 x 1.28 x 1.86 x 1.95 x 0.29 x
EV / EBITDA 17.1 x -40.7 x 4.83 x 27.7 x -7.27 x -0.59 x
EV / FCF -21.4 x 4.7 x -7.18 x 620 x 17.8 x 1.81 x
FCF Yield -4.66% 21.3% -13.9% 0.16% 5.62% 55.4%
Price to Book 1.34 x 0.99 x 0.92 x 0.89 x 1.13 x 1.4 x
Nbr of stocks (in thousands) 154,000 154,000 154,000 154,000 154,000 154,000
Reference price 2 2.700 1.850 1.900 1.790 1.850 1.590
Announcement Date 2/27/19 3/12/20 3/3/21 3/3/22 2/28/23 1/31/24
1AED in Million2AED
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 172.5 123.3 112.1 100.8 110.2 140.2
EBITDA 1 22.24 -5.027 29.78 6.784 -29.54 -69.65
EBIT 1 21.95 -5.403 29.37 6.438 -29.96 -70.06
Operating Margin 12.72% -4.38% 26.2% 6.38% -27.2% -49.97%
Earnings before Tax (EBT) 1 21.95 -5.403 29.37 6.438 -29.96 -76.53
Net income 1 20.84 -6.369 29.37 6.438 -29.96 -76.53
Net margin 12.08% -5.16% 26.2% 6.38% -27.2% -54.58%
EPS 2 0.1353 -0.0414 0.1907 0.0418 -0.1946 -0.4969
Free Cash Flow 1 -17.69 43.46 -20.07 0.3028 12.08 22.82
FCF margin -10.26% 35.24% -17.9% 0.3% 10.96% 16.28%
FCF Conversion (EBITDA) - - - 4.46% - -
FCF Conversion (Net income) - - - 4.7% - -
Dividend per Share 2 0.1000 - 0.1000 0.1500 - -
Announcement Date 2/27/19 3/12/20 3/3/21 3/3/22 2/28/23 1/31/24
1AED in Million2AED
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 36.5 80.5 149 88.1 70.2 204
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -17.7 43.5 -20.1 0.3 12.1 22.8
ROE (net income / shareholders' equity) 6.88% -2.12% 9.66% 2.05% -10.7% -35.9%
ROA (Net income/ Total Assets) 2.34% -0.63% 3.71% 0.82% -3.94% -10.5%
Assets 1 891.1 1,016 791.4 781.8 761.2 728.7
Book Value Per Share 2 2.020 1.880 2.070 2.010 1.630 1.140
Cash Flow per Share 2 0.2400 0.5300 0.9700 0.5800 0.4600 1.330
Capex 1 0.52 1.02 0.32 0.37 0.53 0.09
Capex / Sales 0.3% 0.82% 0.28% 0.37% 0.48% 0.07%
Announcement Date 2/27/19 3/12/20 3/3/21 3/3/22 2/28/23 1/31/24
1AED in Million2AED
Estimates
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