Financials Compagnie d'Assurances et de Réassurances ASTREE

Equities

AST

TN0003000452

Multiline Insurance & Brokers

End-of-day quote Tunis 06:00:00 2024-04-21 pm EDT 5-day change 1st Jan Change
48 TND +0.02% Intraday chart for Compagnie d'Assurances et de Réassurances ASTREE 0.00% -1.03%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 204 222.1 264.1 357 337.2 312
Enterprise Value (EV) 1 195.2 214.3 250.3 337.7 318.5 296.6
P/E ratio 13.6 x 13.6 x 5.15 x 14 x 16 x 18.2 x
Yield - - - 4.71% 4.98% 3.85%
Capitalization / Revenue 1.46 x 1.54 x 1.34 x 2.02 x 1.84 x 1.35 x
EV / Revenue 1.4 x 1.49 x 1.27 x 1.91 x 1.74 x 1.28 x
EV / EBITDA 8.56 x 7.7 x 4.23 x 9.34 x 16.9 x 13.4 x
EV / FCF 11.4 x 11.8 x 5.15 x 18.9 x 14.6 x 17.1 x
FCF Yield 8.74% 8.49% 19.4% 5.3% 6.84% 5.86%
Price to Book 1.75 x 1.8 x 1.61 x 2.33 x 2.14 x 1.98 x
Nbr of stocks (in thousands) 6,000 6,000 6,000 6,000 6,000 6,000
Reference price 2 34.00 37.01 44.01 59.50 56.20 52.00
Announcement Date 4/25/18 4/2/19 4/29/20 5/21/21 5/27/22 5/25/23
1TND in Million2TND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 139.7 143.8 197.1 176.6 183.3 231
EBITDA 1 22.79 27.84 59.1 36.18 18.87 22.07
EBIT 1 22.41 21.59 58.51 35.57 18.19 21.14
Operating Margin 16.04% 15.01% 29.68% 20.14% 9.93% 9.15%
Earnings before Tax (EBT) 1 21.67 21.17 58.39 39.22 25.9 23.34
Net income 1 15.03 16.32 51.28 25.52 21.06 17.1
Net margin 10.76% 11.35% 26.02% 14.45% 11.49% 7.4%
EPS 2 2.505 2.720 8.546 4.254 3.509 2.851
Free Cash Flow 1 17.05 18.2 48.59 17.91 21.78 17.37
FCF margin 12.21% 12.65% 24.65% 10.14% 11.89% 7.52%
FCF Conversion (EBITDA) 74.83% 65.37% 82.21% 49.51% 115.47% 78.7%
FCF Conversion (Net income) 113.47% 111.53% 94.76% 70.18% 103.46% 101.56%
Dividend per Share - - - 2.800 2.800 2.000
Announcement Date 4/25/18 4/2/19 4/29/20 5/21/21 5/27/22 5/25/23
1TND in Million2TND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 8.83 7.78 13.8 19.3 18.7 15.4
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 17.1 18.2 48.6 17.9 21.8 17.4
ROE (net income / shareholders' equity) 13.2% 13.6% 35.7% 16.1% 13.5% 10.8%
ROA (Net income/ Total Assets) 3.2% 2.79% 6.57% 3.61% 1.73% 1.82%
Assets 1 469.7 584.3 780.9 706.2 1,220 939.3
Book Value Per Share 2 19.40 20.60 27.30 25.60 26.30 26.30
Cash Flow per Share 2 1.470 1.300 2.300 3.210 3.120 2.560
Capex - - - - 1.07 0.86
Capex / Sales - - - - 0.59% 0.37%
Announcement Date 4/25/18 4/2/19 4/29/20 5/21/21 5/27/22 5/25/23
1TND in Million2TND
Estimates
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