Financials Kompanija Dunav Osiguranje a.d.o.

Equities

DNOS

RSDNOSE74915

Multiline Insurance & Brokers

End-of-day quote Belgrade S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
970 RSD -0.21% Intraday chart for Kompanija Dunav Osiguranje a.d.o. +0.10% +3.08%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 10,534 10,973 29,109 27,213 20,190 13,307
Enterprise Value (EV) 1 8,778 8,722 26,586 24,150 18,448 12,017
P/E ratio 6.99 x 7.03 x 9.9 x 7.86 x 8.5 x 10.5 x
Yield 10.7% 13.5% 3.54% 11.6% 4.5% 3.17%
Capitalization / Revenue 0.41 x 0.4 x 0.98 x 0.87 x 0.61 x 0.37 x
EV / Revenue 0.34 x 0.31 x 0.9 x 0.77 x 0.55 x 0.33 x
EV / EBITDA 4.16 x 4.22 x 7.39 x 5.44 x 5.06 x 6.38 x
EV / FCF 13.9 x 6.91 x -29.1 x -78.9 x -20.5 x 3.91 x
FCF Yield 7.18% 14.5% -3.44% -1.27% -4.88% 25.5%
Price to Book 0.89 x 0.87 x 1.96 x 1.6 x 1.73 x 0.89 x
Nbr of stocks (in thousands) 8,778 8,778 8,778 8,778 8,778 12,448
Reference price 2 1,200 1,250 3,316 3,100 2,300 1,068
Announcement Date 7/30/18 4/30/19 6/30/20 4/29/21 7/27/22 8/16/23
1RSD in Million2RSD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 25,796 27,754 29,653 31,176 33,371 36,263
EBITDA 1 2,109 2,067 3,599 4,439 3,644 1,883
EBIT 1 1,868 1,728 3,304 4,073 2,920 1,104
Operating Margin 7.24% 6.23% 11.14% 13.06% 8.75% 3.04%
Earnings before Tax (EBT) 1 1,676 1,784 3,424 3,971 3,061 1,662
Net income 1 1,507 1,561 2,941 3,463 2,594 1,452
Net margin 5.84% 5.62% 9.92% 11.11% 7.77% 4%
EPS 2 171.6 177.8 335.0 394.5 270.6 102.1
Free Cash Flow 1 630.2 1,261 -913.7 -306.3 -900.2 3,069
FCF margin 2.44% 4.54% -3.08% -0.98% -2.7% 8.46%
FCF Conversion (EBITDA) 29.88% 61.03% - - - 162.99%
FCF Conversion (Net income) 41.82% 80.81% - - - 211.46%
Dividend per Share 2 128.3 168.8 117.4 359.6 103.4 33.89
Announcement Date 7/30/18 4/30/19 6/30/20 4/29/21 7/27/22 8/16/23
1RSD in Million2RSD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 1,756 2,251 2,523 3,063 1,743 1,291
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 630 1,261 -914 -306 -900 3,069
ROE (net income / shareholders' equity) 13.2% 12.7% 21.4% 21.7% 14% 7.75%
ROA (Net income/ Total Assets) 2.76% 2.29% 3.85% 4.12% 2.72% 0.98%
Assets 1 54,689 68,212 76,477 84,087 95,218 147,713
Book Value Per Share 2 1,349 1,441 1,694 1,942 1,333 1,204
Cash Flow per Share 2 204.0 262.0 297.0 361.0 145.0 164.0
Capex 1 147 239 493 244 1,196 1,108
Capex / Sales 0.57% 0.86% 1.66% 0.78% 3.58% 3.06%
Announcement Date 7/30/18 4/30/19 6/30/20 4/29/21 7/27/22 8/16/23
1RSD in Million2RSD
Estimates
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