Financials PICIC Insurance Limited

Equities

PIL

PK0086701015

Property & Casualty Insurance

End-of-day quote Pakistan S.E. 06:00:00 2024-05-22 pm EDT 5-day change 1st Jan Change
2.09 PKR +1.95% Intraday chart for PICIC Insurance Limited 0.00% +132.22%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 51.45 36.05 56 37.8 28.35 31.5
Enterprise Value (EV) 1 51.12 35.93 55.84 37.78 28.31 31.47
P/E ratio -4.36 x -16.6 x -4,678 x -87.5 x -9.24 x 41.3 x
Yield - - - - - -
Capitalization / Revenue 21.4 x 7.95 x 11.8 x 10.1 x 6.08 x 3.82 x
EV / Revenue 21.3 x 7.93 x 11.8 x 10.1 x 6.07 x 3.82 x
EV / EBITDA -6.16 x -21.3 x -735 x -89.5 x - -
EV / FCF -10.3 x -34.2 x 14.2 x 11.5 x 4.61 x 4.2 x
FCF Yield -9.67% -2.92% 7.02% 8.69% 21.7% 23.8%
Price to Book -3.25 x -2 x -3.11 x -2.05 x -1.45 x -1.98 x
Nbr of stocks (in thousands) 35,000 35,000 35,000 35,000 35,000 35,000
Reference price 2 1.470 1.030 1.600 1.080 0.8100 0.9000
Announcement Date 4/11/19 5/28/20 4/8/21 4/8/22 4/7/23 4/4/24
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2.404 4.533 4.752 3.758 4.662 8.247
EBITDA 1 -8.294 -1.689 -0.076 -0.422 - -
EBIT 1 -8.954 -1.711 -0.086 -0.432 -0.338 1.999
Operating Margin -372.46% -37.75% -1.81% -11.5% -7.25% 24.24%
Earnings before Tax (EBT) 1 -8.914 -1.705 -0.012 -0.432 -0.338 1.999
Net income 1 -11.8 -2.175 -0.012 -0.432 -3.069 0.762
Net margin -490.81% -47.98% -0.25% -11.5% -65.83% 9.24%
EPS 2 -0.3371 -0.0621 -0.000342 -0.0123 -0.0877 0.0218
Free Cash Flow 1 -4.941 -1.049 3.921 3.282 6.136 7.491
FCF margin -205.54% -23.15% 82.52% 87.33% 131.61% 90.84%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - 983.12%
Dividend per Share - - - - - -
Announcement Date 4/11/19 5/28/20 4/8/21 4/8/22 4/7/23 4/4/24
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 0.34 0.12 0.16 0.02 0.04 0.03
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -4.94 -1.05 3.92 3.28 6.14 7.49
ROE (net income / shareholders' equity) 119% 12.9% 0.07% 2.37% 16.2% -4.3%
ROA (Net income/ Total Assets) -8.25% -1.55% -0.07% -0.35% -0.26% 1.42%
Assets 1 143 140.2 16.35 123.9 1,180 53.71
Book Value Per Share 2 -0.4500 -0.5100 -0.5100 -0.5300 -0.5600 -0.4600
Cash Flow per Share 2 0.0100 0 0 0 0 0
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 4/11/19 5/28/20 4/8/21 4/8/22 4/7/23 4/4/24
1PKR in Million2PKR
Estimates
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