Financials Al-Mashreq Insurance Public Shareholding Company

Equities

MIC

PS3004112929

Multiline Insurance & Brokers

End-of-day quote Palestine Exchange 23:00:00 13/05/2023 BST 5-day change 1st Jan Change
3.14 USD -.--% Intraday chart for Al-Mashreq Insurance Public Shareholding Company -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 10.4 12.38 12.69 17.87 21.7 25.12
Enterprise Value (EV) 1 5.579 10.77 8.134 15.53 22.37 25.19
P/E ratio 4.23 x 10.2 x 12.3 x 20.4 x 7.12 x 20.7 x
Yield - - - 0.77% 0.81% -
Capitalization / Revenue 0.45 x 0.44 x 0.45 x 0.5 x 0.52 x 0.59 x
EV / Revenue 0.24 x 0.39 x 0.29 x 0.43 x 0.54 x 0.59 x
EV / EBITDA 1.75 x 16.4 x 8.78 x 19.5 x 30.1 x 8.31 x
EV / FCF -194 x 5.29 x 2.68 x -5.71 x -7.61 x -50.2 x
FCF Yield -0.52% 18.9% 37.3% -17.5% -13.1% -1.99%
Price to Book 1.19 x 1.32 x 1.3 x 1.52 x 1.32 x 1.63 x
Nbr of stocks (in thousands) 8,000 8,000 8,000 8,000 8,000 8,000
Reference price 2 1.300 1.547 1.586 2.234 2.712 3.140
Announcement Date 01/04/19 20/04/20 15/04/21 23/03/22 30/03/23 23/04/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 23.29 27.88 28.34 35.77 41.58 42.67
EBITDA 1 3.195 0.6585 0.9268 0.7966 0.7434 3.033
EBIT 1 2.978 0.4137 0.6743 0.4957 0.4145 2.697
Operating Margin 12.79% 1.48% 2.38% 1.39% 1% 6.32%
Earnings before Tax (EBT) 1 3.422 2.091 1.789 1.343 3.804 3.171
Net income 1 2.457 1.218 1.031 0.8759 2.723 1.212
Net margin 10.55% 4.37% 3.64% 2.45% 6.55% 2.84%
EPS 2 0.3072 0.1522 0.1289 0.1095 0.3812 0.1514
Free Cash Flow 1 -0.0288 2.035 3.031 -2.718 -2.939 -0.5015
FCF margin -0.12% 7.3% 10.69% -7.6% -7.07% -1.18%
FCF Conversion (EBITDA) - 309% 327.01% - - -
FCF Conversion (Net income) - 167.05% 293.93% - - -
Dividend per Share - - - 0.0172 0.0219 -
Announcement Date 01/04/19 20/04/20 15/04/21 23/03/22 30/03/23 23/04/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 0.67 0.07
Net Cash position 1 4.82 1.61 4.55 2.35 - -
Leverage (Debt/EBITDA) - - - - 0.903 x 0.0225 x
Free Cash Flow 1 -0.03 2.03 3.03 -2.72 -2.94 -0.5
ROE (net income / shareholders' equity) 19.2% 12.6% 8.17% 6.43% 16.7% 7.36%
ROA (Net income/ Total Assets) 4.09% 0.48% 0.66% 0.42% 0.32% 3.19%
Assets 1 60.1 253.7 156.9 206.4 838.8 38.01
Book Value Per Share 2 1.090 1.170 1.220 1.470 2.050 1.930
Cash Flow per Share 2 0.6500 0.5800 0.9400 0.7200 0.3800 0.6300
Capex 1 0.41 0.44 0.37 0.64 0.78 0.6
Capex / Sales 1.77% 1.57% 1.3% 1.78% 1.88% 1.42%
Announcement Date 01/04/19 20/04/20 15/04/21 23/03/22 30/03/23 23/04/24
1USD in Million2USD
Estimates
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