Financials Central Insurance Company Limited

Equities

CENTRALINS

BD0709CIC008

Property & Casualty Insurance

End-of-day quote Dhaka S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
48.9 BDT -2.98% Intraday chart for Central Insurance Company Limited -6.86% +32.16%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,055 880.5 1,191 3,085 2,950 1,897
Enterprise Value (EV) 1 645.9 444 715.5 2,533 2,329 1,291
P/E ratio 12.7 x 8.37 x 12 x 27.5 x 17.7 x 10.6 x
Yield 5.36% 6.42% 2.77% 0.96% 3.24% 4.2%
Capitalization / Revenue 3.18 x 2.38 x 3.34 x 8.87 x 6.56 x 4.11 x
EV / Revenue 1.95 x 1.2 x 2.01 x 7.29 x 5.18 x 2.8 x
EV / EBITDA 5.54 x 3.1 x 5.21 x 15.7 x 10.7 x 7.83 x
EV / FCF 14.7 x 6.8 x 6.61 x 23.9 x 24.2 x 18.8 x
FCF Yield 6.82% 14.7% 15.1% 4.19% 4.14% 5.31%
Price to Book 0.98 x 0.79 x 1.03 x 2.49 x 1.12 x 0.72 x
Nbr of stocks (in thousands) 53,145 53,145 53,145 53,145 53,145 53,145
Reference price 2 19.84 16.57 22.41 58.05 55.50 35.70
Announcement Date 7/15/18 6/18/19 8/17/20 5/20/21 6/9/22 5/11/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 331.4 369.6 356.2 347.6 449.7 461.2
EBITDA 1 116.5 143.1 137.4 161.2 217.6 164.9
EBIT 1 113.2 139.1 128.9 150.5 199.9 147.8
Operating Margin 34.15% 37.63% 36.19% 43.3% 44.45% 32.04%
Earnings before Tax (EBT) 1 112 133.7 126.1 147.6 199.7 146.9
Net income 1 83.04 105.2 99.08 112.1 166.8 179.1
Net margin 25.06% 28.45% 27.82% 32.26% 37.1% 38.83%
EPS 2 1.563 1.979 1.864 2.110 3.139 3.370
Free Cash Flow 1 44.02 65.26 108.3 106.1 96.42 68.51
FCF margin 13.28% 17.66% 30.4% 30.54% 21.44% 14.85%
FCF Conversion (EBITDA) 37.78% 45.62% 78.8% 65.84% 44.31% 41.53%
FCF Conversion (Net income) 53.01% 62.06% 109.28% 94.66% 57.8% 38.25%
Dividend per Share 2 1.063 1.063 0.6202 0.5581 1.800 1.500
Announcement Date 7/15/18 6/18/19 8/17/20 5/20/21 6/9/22 5/11/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 409 436 476 551 620 606
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 44 65.3 108 106 96.4 68.5
ROE (net income / shareholders' equity) 7.92% 9.6% 8.69% 9.35% 8.65% 6.82%
ROA (Net income/ Total Assets) 4.27% 4.95% 4.39% 4.84% 4.43% 2.53%
Assets 1 1,944 2,123 2,255 2,316 3,767 7,066
Book Value Per Share 2 20.20 21.00 21.90 23.30 49.30 49.50
Cash Flow per Share 2 10.40 10.90 11.00 12.50 14.10 14.10
Capex 1 5.02 11.5 14.2 40.6 23.1 24.2
Capex / Sales 1.52% 3.12% 3.99% 11.69% 5.14% 5.24%
Announcement Date 7/15/18 6/18/19 8/17/20 5/20/21 6/9/22 5/11/23
1BDT in Million2BDT
Estimates
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