Financials The Islamic Insurance Company

Equities

TIIC

JO2102511018

Multiline Insurance & Brokers

End-of-day quote Amman S.E. 18:00:00 2024-04-29 EDT 5-day change 1st Jan Change
1.62 JOD +0.62% Intraday chart for The Islamic Insurance Company -3.57% +15.71%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 20.4 16.95 15.3 17.1 21.75 21.3
Enterprise Value (EV) 1 18.42 14.28 13.93 16.1 18.89 20.36
P/E ratio 9.42 x 15.2 x 13 x 9.87 x 11.5 x 12.8 x
Yield 5.88% 5.31% 5.88% 7.02% 5.52% 5.63%
Capitalization / Revenue 0.85 x 0.75 x 0.65 x 0.75 x 0.9 x 0.82 x
EV / Revenue 0.77 x 0.64 x 0.6 x 0.71 x 0.78 x 0.78 x
EV / EBITDA 6.67 x 9.4 x 7.62 x 5.84 x 6.57 x 8.36 x
EV / FCF -36.4 x 4.06 x -327 x -90.2 x 9.21 x 7.36 x
FCF Yield -2.75% 24.6% -0.31% -1.11% 10.9% 13.6%
Price to Book 0.93 x 0.82 x 0.75 x 0.76 x 0.91 x 0.87 x
Nbr of stocks (in thousands) 15,000 15,000 15,000 15,000 15,000 15,000
Reference price 2 1.360 1.130 1.020 1.140 1.450 1.420
Announcement Date 18-03-07 19-03-20 20-03-04 21-03-28 22-03-20 23-02-14
1JOD in Million2JOD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 23.86 22.49 23.39 22.83 24.09 26.05
EBITDA 1 2.763 1.519 1.827 2.756 2.874 2.437
EBIT 1 2.644 1.409 1.72 2.654 2.772 2.346
Operating Margin 11.08% 6.26% 7.35% 11.63% 11.51% 9.01%
Earnings before Tax (EBT) 1 2.644 1.409 1.72 2.654 2.789 2.347
Net income 1 2.002 1.114 1.181 1.733 1.892 1.66
Net margin 8.39% 4.95% 5.05% 7.59% 7.85% 6.37%
EPS 2 0.1443 0.0743 0.0787 0.1155 0.1261 0.1107
Free Cash Flow 1 -0.5066 3.518 -0.0426 -0.1784 2.05 2.767
FCF margin -2.12% 15.64% -0.18% -0.78% 8.51% 10.62%
FCF Conversion (EBITDA) - 231.54% - - 71.34% 113.55%
FCF Conversion (Net income) - 315.65% - - 108.37% 166.69%
Dividend per Share 2 0.0800 0.0600 0.0600 0.0800 0.0800 0.0800
Announcement Date 18-03-07 19-03-20 20-03-04 21-03-28 22-03-20 23-02-14
1JOD in Million2JOD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 1.98 2.67 1.37 1 2.86 0.94
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -0.51 3.52 -0.04 -0.18 2.05 2.77
ROE (net income / shareholders' equity) 9.65% 5.23% 5.73% 8.07% 8.16% 6.86%
ROA (Net income/ Total Assets) 4.25% 2.19% 2.68% 4.08% 4.1% 3.4%
Assets 1 47.13 50.83 44.02 42.48 46.2 48.79
Book Value Per Share 2 1.460 1.380 1.370 1.490 1.600 1.630
Cash Flow per Share 2 0.1300 0.1800 0.0900 0.0700 0.1900 0.0600
Capex 1 0.12 0.06 0.03 0.07 0.05 1.31
Capex / Sales 0.52% 0.25% 0.11% 0.31% 0.19% 5.03%
Announcement Date 18-03-07 19-03-20 20-03-04 21-03-28 22-03-20 23-02-14
1JOD in Million2JOD
Estimates
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