Financials Century Insurance Company Limited

Equities

CENI

PK0036501010

Multiline Insurance & Brokers

End-of-day quote Pakistan S.E. 06:00:00 2024-05-02 pm EDT 5-day change 1st Jan Change
23.35 PKR +1.52% Intraday chart for Century Insurance Company Limited +1.52% +10.72%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,162 1,006 1,144 955.6 885.8 1,167
Enterprise Value (EV) 1 738.3 792.9 657.2 269.4 494.7 734.4
P/E ratio 16.3 x 6.93 x 4.72 x 3.44 x 2.83 x 2.35 x
Yield 5.41% 8.75% 8.79% 11.8% 15.6% 21.3%
Capitalization / Revenue 1.74 x 1.19 x 1.19 x 0.89 x 0.67 x 0.67 x
EV / Revenue 1.11 x 0.93 x 0.68 x 0.25 x 0.37 x 0.42 x
EV / EBITDA 6.53 x 3.73 x 2.07 x 0.68 x 0.98 x 0.87 x
EV / FCF 1.54 x -17.7 x 2.76 x 0.42 x -8.93 x 4.11 x
FCF Yield 64.9% -5.66% 36.2% 238% -11.2% 24.4%
Price to Book 0.68 x 0.55 x 0.56 x 0.42 x 0.36 x 0.41 x
Nbr of stocks (in thousands) 55,326 55,326 55,326 55,326 55,326 55,326
Reference price 2 21.00 18.18 20.68 17.27 16.01 21.09
Announcement Date 4/4/19 5/6/20 4/5/21 4/5/22 4/6/23 3/28/24
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 666 848.7 959.6 1,070 1,331 1,751
EBITDA 1 113.1 212.5 317.1 395.4 504.4 839.9
EBIT 1 100.4 197.9 301.5 379.8 488.4 824.1
Operating Margin 15.07% 23.32% 31.42% 35.5% 36.71% 47.07%
Earnings before Tax (EBT) 1 105 199.7 342.4 389.6 495.2 830.1
Net income 1 71.33 145.2 242.6 277.5 313.4 496.9
Net margin 10.71% 17.11% 25.28% 25.94% 23.55% 28.38%
EPS 2 1.289 2.624 4.385 5.016 5.664 8.981
Free Cash Flow 1 479.4 -44.92 237.7 640.2 -55.38 178.9
FCF margin 71.98% -5.29% 24.78% 59.83% -4.16% 10.22%
FCF Conversion (EBITDA) 423.75% - 74.98% 161.91% - 21.29%
FCF Conversion (Net income) 672.12% - 98% 230.67% - 36%
Dividend per Share 2 1.136 1.591 1.818 2.046 2.500 4.500
Announcement Date 4/4/19 5/6/20 4/5/21 4/5/22 4/6/23 3/28/24
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 424 213 487 686 391 432
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 479 -44.9 238 640 -55.4 179
ROE (net income / shareholders' equity) 4.13% 8.16% 12.5% 12.9% 13.4% 18.9%
ROA (Net income/ Total Assets) 2.25% 4.18% 5.81% 6.55% 7.51% 11%
Assets 1 3,164 3,473 4,177 4,240 4,174 4,512
Book Value Per Share 2 31.10 33.20 37.00 40.90 43.90 51.00
Cash Flow per Share 2 7.660 4.740 9.590 13.10 7.800 8.150
Capex 1 24.1 26.7 18.5 27.7 17.1 21.7
Capex / Sales 3.62% 3.15% 1.93% 2.59% 1.29% 1.24%
Announcement Date 4/4/19 5/6/20 4/5/21 4/5/22 4/6/23 3/28/24
1PKR in Million2PKR
Estimates
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