Financials National Insurance Company (Palestine)

Equities

NIC

PS3002112921

Property & Casualty Insurance

End-of-day quote Palestine Exchange 06:00:00 2024-04-21 pm EDT 5-day change 1st Jan Change
2.86 USD -7.61% Intraday chart for National Insurance Company (Palestine) -7.61% -7.05%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 39.6 57.75 59.25 60 78.31 75.9
Enterprise Value (EV) 1 17.71 35.09 39.21 44.05 64.47 61.49
P/E ratio 5.21 x 15.6 x 8.48 x 7.77 x 25.9 x 20.4 x
Yield 7.58% 5.2% 5.06% 5.62% 3.86% 2.84%
Capitalization / Revenue 0.9 x 1.25 x 1.28 x 1.25 x 1.43 x 1.43 x
EV / Revenue 0.4 x 0.76 x 0.85 x 0.92 x 1.18 x 1.16 x
EV / EBITDA 3.15 x 4.6 x 6.99 x 7.09 x 25.9 x 9.4 x
EV / FCF 1.92 x 4.22 x 7.35 x -17.8 x 14.4 x -48.9 x
FCF Yield 52.2% 23.7% 13.6% -5.6% 6.95% -2.04%
Price to Book 1.03 x 1.47 x 1.46 x 1.33 x 1.74 x 1.71 x
Nbr of stocks (in thousands) 18,500 18,500 18,500 18,500 18,500 18,500
Reference price 2 2.141 3.122 3.203 3.243 4.233 4.103
Announcement Date 3/25/18 3/20/19 3/17/20 3/25/21 3/17/22 3/22/23
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 44.05 46.17 46.22 48.1 54.75 52.93
EBITDA 1 5.624 7.622 5.611 6.214 2.491 6.542
EBIT 1 5.261 7.242 5.175 5.746 1.998 6.023
Operating Margin 11.94% 15.69% 11.2% 11.95% 3.65% 11.38%
Earnings before Tax (EBT) 1 6.918 5.582 8.786 9.8 3.323 5.043
Net income 1 7.536 3.699 6.989 7.72 3.025 3.722
Net margin 17.11% 8.01% 15.12% 16.05% 5.52% 7.03%
EPS 2 0.4106 0.2005 0.3778 0.4173 0.1635 0.2012
Free Cash Flow 1 9.244 8.317 5.334 -2.468 4.479 -1.257
FCF margin 20.98% 18.01% 11.54% -5.13% 8.18% -2.37%
FCF Conversion (EBITDA) 164.35% 109.11% 95.08% - 179.8% -
FCF Conversion (Net income) 122.65% 224.84% 76.32% - 148.09% -
Dividend per Share 2 0.1622 0.1622 0.1622 0.1824 0.1632 0.1166
Announcement Date 3/25/18 3/20/19 3/17/20 3/25/21 3/17/22 3/22/23
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 21.9 22.7 20 16 13.8 14.4
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 9.24 8.32 5.33 -2.47 4.48 -1.26
ROE (net income / shareholders' equity) 16.1% 9.34% 17.5% 17.5% 6.63% 8.31%
ROA (Net income/ Total Assets) 3.41% 4.38% 2.93% 2.87% 0.91% 2.78%
Assets 1 221.1 84.54 238.3 269.3 331.3 133.7
Book Value Per Share 2 2.080 2.130 2.190 2.450 2.430 2.400
Cash Flow per Share 2 1.210 1.230 1.160 0.9200 0.8100 0.8300
Capex 1 0.59 0.27 0.27 0.44 1.06 1.13
Capex / Sales 1.34% 0.58% 0.59% 0.92% 1.93% 2.14%
Announcement Date 3/25/18 3/20/19 3/17/20 3/25/21 3/17/22 3/22/23
1USD in Million2USD
Estimates
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