Financials Dhofar Insurance Company SAOG

Equities

DICS

OM0000001095

Property & Casualty Insurance

End-of-day quote Muscat Exchange 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
0.22 OMR 0.00% Intraday chart for Dhofar Insurance Company SAOG 0.00% -11.65%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 17.2 17.5 16.4 19.5 21.9 27.18
Enterprise Value (EV) 1 18.09 13.12 11.49 16.86 9.54 13.42
P/E ratio 15.1 x 6.47 x 4.26 x 7.63 x 7.04 x 5.02 x
Yield - - 6.1% 7.69% 7.18% 6.02%
Capitalization / Revenue 0.64 x 0.68 x 0.61 x 0.69 x 0.69 x 0.35 x
EV / Revenue 0.68 x 0.51 x 0.43 x 0.6 x 0.3 x 0.17 x
EV / EBITDA 7.34 x 3.01 x 2.15 x 4.37 x 2.04 x 1.7 x
EV / FCF -46 x 4.35 x -2.62 x -2.7 x 0.66 x 2.5 x
FCF Yield -2.18% 23% -38.2% -37.1% 152% 40.1%
Price to Book 0.89 x 0.8 x 0.64 x 0.72 x 0.74 x 0.74 x
Nbr of stocks (in thousands) 100,000 100,000 100,000 100,000 104,762 109,165
Reference price 2 0.1720 0.1750 0.1640 0.1950 0.2090 0.2490
Announcement Date 2/28/19 2/27/20 2/24/21 2/28/22 3/5/23 3/1/24
1OMR in Million2OMR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 26.68 25.65 26.85 28.06 31.76 77.94
EBITDA 1 2.463 4.363 5.355 3.854 4.673 7.907
EBIT 1 2.036 4.129 5.225 3.671 4.485 7.718
Operating Margin 7.63% 16.1% 19.46% 13.08% 14.12% 9.9%
Earnings before Tax (EBT) 1 1.43 3.236 4.484 2.847 4.196 7.331
Net income 1 1.14 2.706 3.852 2.555 3.766 6.155
Net margin 4.27% 10.55% 14.34% 9.1% 11.86% 7.9%
EPS 2 0.0114 0.0271 0.0385 0.0255 0.0297 0.0496
Free Cash Flow 1 -0.3935 3.015 -4.392 -6.252 14.54 5.377
FCF margin -1.48% 11.75% -16.36% -22.28% 45.78% 6.9%
FCF Conversion (EBITDA) - 69.1% - - 311.09% 68.01%
FCF Conversion (Net income) - 111.4% - - 386.06% 87.36%
Dividend per Share - - 0.0100 0.0150 0.0150 0.0150
Announcement Date 2/28/19 2/27/20 2/24/21 2/28/22 3/5/23 3/1/24
1OMR in Million2OMR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 0.89 - - - - -
Net Cash position 1 - 4.38 4.91 2.64 12.4 13.8
Leverage (Debt/EBITDA) 0.3595 x - - - - -
Free Cash Flow 1 -0.39 3.01 -4.39 -6.25 14.5 5.38
ROE (net income / shareholders' equity) 6.37% 13.1% 16.2% 9.72% 13.3% 18.6%
ROA (Net income/ Total Assets) 0.95% 1.65% 2.33% 1.71% 2.03% 3.8%
Assets 1 119.9 163.8 165.4 149.1 185.5 161.8
Book Value Per Share 2 0.1900 0.2200 0.2600 0.2700 0.2800 0.3400
Cash Flow per Share 2 0.0400 0.0900 0.1000 0.0300 0.1200 0.1400
Capex 1 0.05 0.07 0.05 0.14 0.03 0.25
Capex / Sales 0.2% 0.29% 0.2% 0.5% 0.11% 0.32%
Announcement Date 2/28/19 2/27/20 2/24/21 2/28/22 3/5/23 3/1/24
1OMR in Million2OMR
Estimates
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