Financials Insurance House

Equities

IH

AEI000401010

Property & Casualty Insurance

Delayed Abu Dhabi Securities Exchange 05:41:59 2024-03-11 am EDT 5-day change 1st Jan Change
0.939 AED -0.53% Intraday chart for Insurance House -.--% +4.80%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 101 101 95.97 107.9 87.77 101.7
Enterprise Value (EV) 1 41.98 26 23.35 53 45.84 63.9
P/E ratio 9.49 x 6.25 x 8.82 x 11.3 x 21 x -2.54 x
Yield 1.18% 4.71% 4.95% - - -
Capitalization / Revenue 0.62 x 0.58 x 0.56 x 0.68 x 0.49 x 0.92 x
EV / Revenue 0.26 x 0.15 x 0.14 x 0.34 x 0.25 x 0.58 x
EV / EBITDA 3.56 x 1.24 x 1.59 x 4.05 x 5.51 x -1.58 x
EV / FCF 2.87 x 19.2 x -5.66 x 3.7 x 14.5 x -1.75 x
FCF Yield 34.9% 5.2% -17.7% 27% 6.91% -57.2%
Price to Book 1.02 x 0.76 x 0.71 x 0.8 x 0.67 x 26.5 x
Nbr of stocks (in thousands) 118,781 118,781 118,781 118,781 114,135 113,481
Reference price 2 0.8500 0.8500 0.8080 0.9080 0.7690 0.8960
Announcement Date 2/6/19 2/16/20 2/10/21 2/13/23 2/13/23 3/30/24
1AED in Million2AED
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 162 174.8 172.6 158 180.8 111.1
EBITDA 1 11.8 20.99 14.67 13.07 8.324 -40.39
EBIT 1 10.64 19.16 12.83 11.42 6.96 -41.97
Operating Margin 6.57% 10.96% 7.43% 7.23% 3.85% -37.78%
Earnings before Tax (EBT) 1 10.64 16.17 10.89 9.52 4.358 -41.97
Net income 1 10.64 16.17 10.89 9.52 4.358 -41.97
Net margin 6.57% 9.25% 6.31% 6.02% 2.41% -37.78%
EPS 2 0.0896 0.1361 0.0916 0.0801 0.0367 -0.3534
Free Cash Flow 1 14.64 1.352 -4.126 14.31 3.169 -36.56
FCF margin 9.04% 0.77% -2.39% 9.05% 1.75% -32.91%
FCF Conversion (EBITDA) 123.99% 6.44% - 109.45% 38.07% -
FCF Conversion (Net income) 137.52% 8.36% - 150.27% 72.71% -
Dividend per Share 2 0.0100 0.0400 0.0400 - - -
Announcement Date 2/6/19 2/16/20 2/10/21 2/13/23 2/13/23 3/30/24
1AED in Million2AED
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 59 75 72.6 54.9 41.9 37.8
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 14.6 1.35 -4.13 14.3 3.17 -36.6
ROE (net income / shareholders' equity) 11.2% 14% 8.11% 6.68% 2.95% -105%
ROA (Net income/ Total Assets) 2.21% 3.75% 2.39% 1.98% 1.03% -10.4%
Assets 1 482.1 431.3 455 481.3 423.6 404.7
Book Value Per Share 2 0.8300 1.110 1.150 1.130 1.150 0.0300
Cash Flow per Share 2 0.5000 0.6300 0.6100 0.4600 0.3700 0.3300
Capex 1 1.23 0.54 3.99 1.56 1.11 0.75
Capex / Sales 0.76% 0.31% 2.31% 0.99% 0.62% 0.67%
Announcement Date 2/6/19 2/16/20 2/10/21 2/13/23 2/13/23 3/30/24
1AED in Million2AED
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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