Financials Bahrain Kuwait Insurance Company B.S.C.

Equities

BKIC

BH0004654263

Multiline Insurance & Brokers

End-of-day quote Bahrain Bourse 18:00:00 2024-04-03 EDT 5-day change 1st Jan Change
0.35 BHD +1.45% Intraday chart for Bahrain Kuwait Insurance Company B.S.C. 0.00% +1.74%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 45.75 44.23 45.57 64.23 48.55 51.27
Enterprise Value (EV) 1 29.59 29.04 19.8 29.3 19.95 30.67
P/E ratio 14.5 x 16.4 x 12 x 15.5 x 10.2 x 10.2 x
Yield 4.69% 4.84% 4.69% 4.65% 7.69% 7.27%
Capitalization / Revenue 1.18 x 1.11 x 1.14 x 1.51 x 1.02 x 1 x
EV / Revenue 0.76 x 0.73 x 0.5 x 0.69 x 0.42 x 0.6 x
EV / EBITDA 10.6 x 11.7 x 6.18 x 8.46 x 4.59 x 5.82 x
EV / FCF -5.35 x -2.53 x 0.36 x 2.04 x 3.29 x 3.65 x
FCF Yield -18.7% -39.5% 278% 49% 30.4% 27.4%
Price to Book 1.27 x 1.18 x 1.15 x 1.55 x 1.16 x 1.16 x
Nbr of stocks (in thousands) 149,960 149,677 149,380 149,378 149,378 149,044
Reference price 2 0.3051 0.2955 0.3051 0.4300 0.3250 0.3440
Announcement Date 19-02-16 20-02-20 21-02-18 22-02-20 23-03-01 24-02-29
1BHD in Million2BHD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 38.72 39.83 39.99 42.63 47.73 51.2
EBITDA 1 2.799 2.485 3.204 3.462 4.346 5.269
EBIT 1 2.455 2.188 3.033 3.238 4.015 4.826
Operating Margin 6.34% 5.49% 7.58% 7.6% 8.41% 9.43%
Earnings before Tax (EBT) 1 3.273 2.826 3.917 4.321 4.929 5.174
Net income 1 3.155 2.701 3.809 4.152 4.748 5.005
Net margin 8.15% 6.78% 9.53% 9.74% 9.95% 9.78%
EPS 2 0.0210 0.0180 0.0255 0.0278 0.0318 0.0336
Free Cash Flow 1 -5.534 -11.46 55.1 14.36 6.054 8.4
FCF margin -14.29% -28.76% 137.8% 33.69% 12.68% 16.41%
FCF Conversion (EBITDA) - - 1,719.84% 414.87% 139.31% 159.43%
FCF Conversion (Net income) - - 1,446.67% 345.93% 127.51% 167.84%
Dividend per Share 2 0.0143 0.0143 0.0143 0.0200 0.0250 0.0250
Announcement Date 19-02-16 20-02-20 21-02-18 22-02-20 23-03-01 24-02-29
1BHD in Million2BHD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 16.2 15.2 25.8 34.9 28.6 20.6
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -5.53 -11.5 55.1 14.4 6.05 8.4
ROE (net income / shareholders' equity) 8.82% 7.34% 9.7% 10.2% 11.3% 11.4%
ROA (Net income/ Total Assets) 0.8% 0.6% 0.78% 0.86% 1.13% 1.88%
Assets 1 394.5 451.7 487.6 484.1 418.5 266.6
Book Value Per Share 2 0.2400 0.2500 0.2700 0.2800 0.2800 0.3000
Cash Flow per Share 2 0.1100 0.1000 0.1700 0.2300 0.1900 0.1400
Capex 1 0.1 0.14 0.08 0.19 0.26 0.44
Capex / Sales 0.26% 0.35% 0.21% 0.43% 0.54% 0.87%
Announcement Date 19-02-16 20-02-20 21-02-18 22-02-20 23-03-01 24-02-29
1BHD in Million2BHD
Estimates
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