Financials Global Insurance Limited

Equities

GLOBALINS

BD0723GIL001

Multiline Insurance & Brokers

End-of-day quote Dhaka S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
29.9 BDT -2.92% Intraday chart for Global Insurance Limited -6.27% -11.01%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 553.5 507.6 834.2 1,509 2,202 1,265
Enterprise Value (EV) 1 509.2 458.2 574.3 1,053 1,575 556.6
P/E ratio 35.2 x 9.21 x 6.55 x 15.8 x 18.1 x 7.89 x
Yield - - 2.31% 2.69% 2.21% 3.93%
Capitalization / Revenue 3.77 x 2.16 x 1.76 x 2.63 x 3.08 x 1.32 x
EV / Revenue 3.47 x 1.95 x 1.21 x 1.84 x 2.2 x 0.58 x
EV / EBITDA 15 x 5.44 x 3.24 x 7.33 x 9.32 x 2.7 x
EV / FCF -4.66 x -4.31 x 5.12 x 5.55 x 6.84 x 4.86 x
FCF Yield -21.5% -23.2% 19.5% 18% 14.6% 20.6%
Price to Book 1.33 x 1.17 x 1.76 x 2.92 x 4.06 x 2.26 x
Nbr of stocks (in thousands) 40,552 40,552 40,552 40,552 40,552 40,552
Reference price 2 13.65 12.52 20.57 37.20 54.30 31.20
Announcement Date 1/2/19 5/27/19 6/1/21 6/1/21 5/22/22 5/23/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 146.9 234.6 474.1 573.2 714.9 961.8
EBITDA 1 34 84.28 177.5 143.6 169.1 206
EBIT 1 31.17 78.4 170 133.8 158.8 194.6
Operating Margin 21.21% 33.41% 35.86% 23.33% 22.21% 20.23%
Earnings before Tax (EBT) 1 25.4 67.13 156.8 123.2 146.7 186.8
Net income 1 15.75 55.11 127.3 95.28 121.8 160.4
Net margin 10.72% 23.49% 26.85% 16.62% 17.04% 16.68%
EPS 2 0.3883 1.359 3.139 2.350 3.003 3.955
Free Cash Flow 1 -109.3 -106.3 112.2 189.8 230.2 114.5
FCF margin -74.37% -45.3% 23.67% 33.11% 32.2% 11.91%
FCF Conversion (EBITDA) - - 63.21% 132.16% 136.16% 55.61%
FCF Conversion (Net income) - - 88.15% 199.17% 189.01% 71.41%
Dividend per Share - - 0.4762 1.000 1.200 1.225
Announcement Date 1/2/19 5/27/19 6/1/21 6/1/21 5/22/22 5/23/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 44.2 49.4 260 456 627 709
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -109 -106 112 190 230 115
ROE (net income / shareholders' equity) 3.84% 13% 28% 19.2% 23% 29.1%
ROA (Net income/ Total Assets) 2.7% 6.43% 11.9% 8.19% 8.77% 9.57%
Assets 1 583.1 857.2 1,070 1,163 1,388 1,677
Book Value Per Share 2 10.30 10.70 11.70 12.80 13.40 13.80
Cash Flow per Share 2 3.290 3.860 8.710 12.20 15.50 17.50
Capex 1 0.61 24.9 18.4 10.7 13.5 13.1
Capex / Sales 0.41% 10.6% 3.87% 1.87% 1.89% 1.36%
Announcement Date 1/2/19 5/27/19 6/1/21 6/1/21 5/22/22 5/23/23
1BDT in Million2BDT
Estimates
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