Financials Arab Assurers Insurance Company

Equities

ARAS

JO2102611016

Multiline Insurance & Brokers

End-of-day quote Amman S.E. 23:00:00 22/03/2023 GMT 5-day change 1st Jan Change
0.18 JOD +5.88% Intraday chart for Arab Assurers Insurance Company -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2.12 2.12 1.751 1.751 1.843 1.475
Enterprise Value (EV) 1 -1.714 -1.959 -1.986 -1.917 0.1979 0.3702
P/E ratio 1.61 x 3.2 x 9.91 x 5.28 x -1.32 x -0.98 x
Yield - - - - - -
Capitalization / Revenue 0.18 x 0.14 x 0.11 x 0.14 x 0.14 x 0.12 x
EV / Revenue -0.14 x -0.13 x -0.13 x -0.16 x 0.02 x 0.03 x
EV / EBITDA -1.61 x -1.81 x -10.5 x -2.55 x -0.14 x -0.18 x
EV / FCF -10.5 x -3.3 x 5.02 x -47.5 x -1.45 x -0.73 x
FCF Yield -9.48% -30.3% 19.9% -2.1% -68.8% -137%
Price to Book 0.37 x 0.36 x 0.29 x 0.27 x 0.37 x 0.43 x
Nbr of stocks (in thousands) 9,216 9,216 9,216 9,216 9,216 9,216
Reference price 2 0.2300 0.2300 0.1900 0.1900 0.2000 0.1600
Announcement Date 23/04/18 02/04/19 14/06/20 31/03/21 31/03/22 15/10/23
1JOD in Million2JOD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 11.98 15.61 15.76 12.26 12.79 12.8
EBITDA 1 1.064 1.082 0.1884 0.7508 -1.455 -2.015
EBIT 1 1.001 1.015 0.1213 0.6852 -1.519 -2.084
Operating Margin 8.36% 6.5% 0.77% 5.59% -11.88% -16.29%
Earnings before Tax (EBT) 1 1.039 1.02 0.1213 0.6852 -1.505 -2.102
Net income 1 1.32 0.6621 0.1767 0.3316 -1.394 -1.509
Net margin 11.02% 4.24% 1.12% 2.7% -10.9% -11.8%
EPS 2 0.1432 0.0718 0.0192 0.0360 -0.1513 -0.1638
Free Cash Flow 1 0.1624 0.5945 -0.3959 0.0404 -0.136 -0.5087
FCF margin 1.36% 3.81% -2.51% 0.33% -1.06% -3.97%
FCF Conversion (EBITDA) 15.26% 54.96% - 5.37% - -
FCF Conversion (Net income) 12.31% 89.8% - 12.17% - -
Dividend per Share - - - - - -
Announcement Date 23/04/18 02/04/19 14/06/20 31/03/21 31/03/22 15/10/23
1JOD in Million2JOD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 3.83 4.08 3.74 3.67 1.65 1.1
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 0.16 0.59 -0.4 0.04 -0.14 -0.51
ROE (net income / shareholders' equity) 25.9% 11.3% 2.93% 5.28% -24.5% -36.1%
ROA (Net income/ Total Assets) 4.18% 3.79% 0.43% 2.5% -5.54% -7.84%
Assets 1 31.55 17.45 40.94 13.24 25.18 19.25
Book Value Per Share 2 0.6100 0.6500 0.6600 0.7000 0.5400 0.3700
Cash Flow per Share 2 0.4200 0.4500 0.4100 0.4000 0.1900 0.1400
Capex 1 0.09 0.02 0.01 0.01 0.02 0.17
Capex / Sales 0.74% 0.15% 0.07% 0.04% 0.15% 1.3%
Announcement Date 23/04/18 02/04/19 14/06/20 31/03/21 31/03/22 15/10/23
1JOD in Million2JOD
Estimates
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