Financials Premier Insurance Limited

Equities

PINL

PK0001101010

Property & Casualty Insurance

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
7.31 PKR +15.30% Intraday chart for Premier Insurance Limited +2.38% +3.69%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 348.9 298.3 245.2 300.4 314 356.5
Enterprise Value (EV) 1 296.1 232.1 214.2 219.3 264.1 319.7
P/E ratio 32.9 x -1.24 x -2.09 x -10.9 x -1.65 x 44.9 x
Yield - - - - - -
Capitalization / Revenue 1.03 x 3.28 x 1.08 x 0.74 x 1.08 x 0.94 x
EV / Revenue 0.87 x 2.55 x 0.94 x 0.54 x 0.9 x 0.85 x
EV / EBITDA -10.6 x -0.62 x -1.48 x -3.26 x -1.05 x -19.3 x
EV / FCF -1.35 x -0.99 x -6.78 x -2.1 x 5.91 x -108 x
FCF Yield -74.1% -101% -14.8% -47.6% 16.9% -0.92%
Price to Book 0.3 x 0.26 x 0.18 x 0.23 x 0.37 x 0.38 x
Nbr of stocks (in thousands) 50,565 50,565 50,565 50,565 50,565 50,565
Reference price 2 6.900 5.900 4.850 5.940 6.210 7.050
Announcement Date 4/10/19 5/11/20 4/9/21 4/6/22 4/6/23 4/2/24
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 338.6 90.88 227.6 405.5 291.9 377.3
EBITDA 1 -27.99 -375 -145.2 -67.19 -250.6 -16.59
EBIT 1 -41.23 -385.5 -154.1 -80.12 -256.8 -21.85
Operating Margin -12.18% -424.15% -67.71% -19.76% -87.98% -5.79%
Earnings before Tax (EBT) 1 15.96 -274.7 -110 -19.31 -183.1 16.28
Net income 1 10.61 -239.8 -117.1 -27.53 -190.3 7.938
Net margin 3.13% -263.82% -51.47% -6.79% -65.18% 2.1%
EPS 2 0.2100 -4.742 -2.316 -0.5445 -3.763 0.1570
Free Cash Flow 1 -219.5 -235.3 -31.61 -104.3 44.69 -2.955
FCF margin -64.82% -258.88% -13.89% -25.72% 15.31% -0.78%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/10/19 5/11/20 4/9/21 4/6/22 4/6/23 4/2/24
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 52.8 66.2 31.1 81.1 49.9 36.7
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -219 -235 -31.6 -104 44.7 -2.95
ROE (net income / shareholders' equity) 0.9% -20.2% -9.39% -2.06% -17.4% 0.88%
ROA (Net income/ Total Assets) -0.78% -7.87% -3.1% -1.49% -5.08% -0.5%
Assets 1 -1,357 3,046 3,774 1,850 3,748 -1,587
Book Value Per Share 2 23.20 22.90 26.40 26.30 16.90 18.70
Cash Flow per Share 2 1.080 1.570 0.8200 1.810 1.140 0.8000
Capex 1 1.52 2.64 5.03 34.2 1.2 0.61
Capex / Sales 0.45% 2.9% 2.21% 8.44% 0.41% 0.16%
Announcement Date 4/10/19 5/11/20 4/9/21 4/6/22 4/6/23 4/2/24
1PKR in Million2PKR
Estimates
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