Financials Al-Sagr National Insurance Company

Equities

ASNIC

AEA002101011

Multiline Insurance & Brokers

Market Closed - Dubai FM 04:14:16 2024-01-11 EST 5-day change 1st Jan Change
0.657 AED -.--% Intraday chart for Al-Sagr National Insurance Company -.--% -9.88%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 425.5 384.1 384.1 167.7 167.7 167.7
Enterprise Value (EV) 1 513.8 463.5 377.7 307.2 298.8 362.9
P/E ratio 19.6 x 80 x 90.3 x -2.6 x -3.39 x 26 x
Yield 2.7% - - - - -
Capitalization / Revenue 1.52 x 1.55 x 1.17 x 0.46 x 0.48 x 0.28 x
EV / Revenue 1.83 x 1.87 x 1.16 x 0.85 x 0.86 x 0.6 x
EV / EBITDA 16.3 x 43.2 x 40.2 x -5.19 x -6.72 x 21.7 x
EV / FCF 46.8 x 9.87 x 3.28 x -2.01 x 10.3 x -18.2 x
FCF Yield 2.13% 10.1% 30.5% -49.9% 9.66% -5.5%
Price to Book 0.94 x 1.08 x 1.2 x 0.66 x 0.81 x 0.8 x
Nbr of stocks (in thousands) 230,000 230,000 230,000 230,000 230,000 230,000
Reference price 2 1.850 1.670 1.670 0.7290 0.7290 0.7290
Announcement Date 19-03-01 20-03-09 21-03-18 22-03-22 23-03-07 24-03-31
1AED in Million2AED
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 280.1 248.1 326.9 363.2 348.4 603.6
EBITDA 1 31.49 10.72 9.386 -59.18 -44.49 16.75
EBIT 1 30.02 9.201 7.935 -60.65 -45.72 16.18
Operating Margin 10.72% 3.71% 2.43% -16.7% -13.12% 2.68%
Earnings before Tax (EBT) 1 21.72 4.803 5.748 -62.94 -49.45 6.449
Net income 1 21.72 4.803 5.748 -62.94 -49.45 6.449
Net margin 7.75% 1.94% 1.76% -17.33% -14.19% 1.07%
EPS 2 0.0944 0.0209 0.0185 -0.2803 -0.2150 0.0280
Free Cash Flow 1 10.97 46.98 115.3 -153.2 28.87 -19.95
FCF margin 3.92% 18.94% 35.27% -42.19% 8.29% -3.31%
FCF Conversion (EBITDA) 34.83% 438.13% 1,228.36% - - -
FCF Conversion (Net income) 50.49% 978.14% 2,005.83% - - -
Dividend per Share 2 0.0500 - - - - -
Announcement Date 19-03-01 20-03-09 21-03-18 22-03-22 23-03-07 24-03-31
1AED in Million2AED
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 88.3 79.4 - 140 131 195
Net Cash position 1 - - 6.36 - - -
Leverage (Debt/EBITDA) 2.803 x 7.406 x - -2.358 x -2.947 x 11.66 x
Free Cash Flow 1 11 47 115 -153 28.9 -19.9
ROE (net income / shareholders' equity) 4.79% 1.33% 1.81% -21.9% -21.4% 3.13%
ROA (Net income/ Total Assets) 1.8% 0.65% 0.52% -3.6% -2.58% 1.26%
Assets 1 1,205 743 1,102 1,748 1,919 510.4
Book Value Per Share 2 1.970 1.550 1.390 1.110 0.9000 0.9100
Cash Flow per Share 2 0.0900 0.0400 0.2600 0.1000 0.1300 0.1400
Capex 1 0.82 0.88 0.68 0.75 0.48 0.26
Capex / Sales 0.29% 0.35% 0.21% 0.21% 0.14% 0.04%
Announcement Date 19-03-01 20-03-09 21-03-18 22-03-22 23-03-07 24-03-31
1AED in Million2AED
Estimates
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