Financials Co-operative Insurance Company PLC

Equities

COOP.N0000

LK0481N00008

Property & Casualty Insurance

End-of-day quote Colombo S.E. 23:00:00 27/06/2024 BST 5-day change 1st Jan Change
2.9 LKR -3.33% Intraday chart for Co-operative Insurance Company PLC -3.33% +20.83%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 11,565 6,609 3,965
Enterprise Value (EV) 1 11,805 6,994 4,401
P/E ratio 12.8 x 10.5 x -12.4 x
Yield 1.93% - -
Capitalization / Revenue 2.07 x 0.99 x 0.55 x
EV / Revenue 2.12 x 1.05 x 0.61 x
EV / EBITDA 9.86 x 6.91 x -29.8 x
EV / FCF 19.1 x 5.55 x 7.94 x
FCF Yield 5.24% 18% 12.6%
Price to Book 2.21 x 1.14 x 0.7 x
Nbr of stocks (in thousands) 1,652,178 1,652,178 1,652,178
Reference price 2 7.000 4.000 2.400
Announcement Date 31/05/22 17/07/23 03/06/24
1LKR in Million2LKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,097 5,012 5,369 5,580 6,656 7,254
EBITDA 1 538.8 637.1 1,163 1,197 1,011 -147.7
EBIT 1 416.2 477.3 988.2 998 810.8 -322.1
Operating Margin 10.16% 9.52% 18.41% 17.89% 12.18% -4.44%
Earnings before Tax (EBT) 1 414.7 426.9 940 933 763.1 -374
Net income 1 378.2 265.9 687.2 809.9 626.6 -319.9
Net margin 9.23% 5.3% 12.8% 14.51% 9.41% -4.41%
EPS 2 0.2930 0.1914 0.4804 0.5449 0.3793 -0.1936
Free Cash Flow 1 731.3 47.07 1,073 618.5 1,260 554.6
FCF margin 17.85% 0.94% 19.99% 11.09% 18.93% 7.64%
FCF Conversion (EBITDA) 135.74% 7.39% 92.31% 51.69% 124.55% -
FCF Conversion (Net income) 193.39% 17.7% 156.16% 76.37% 201.06% -
Dividend per Share 2 0.1250 - 0.1900 0.1350 - -
Announcement Date 07/06/19 08/06/20 26/03/21 31/05/22 17/07/23 03/06/24
1LKR in Million2LKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 257 285 240 386 436
Net Cash position 1 43.3 - - - - -
Leverage (Debt/EBITDA) - 0.4041 x 0.2454 x 0.2001 x 0.3813 x -2.952 x
Free Cash Flow 1 731 47.1 1,073 619 1,260 555
ROE (net income / shareholders' equity) 16.5% 9.4% 19.8% 17.7% 11.3% -5.56%
ROA (Net income/ Total Assets) 3.72% 3.55% 6.14% 5.23% 3.72% -1.34%
Assets 1 10,179 7,489 11,196 15,494 16,850 23,960
Book Value Per Share 2 1.860 2.060 2.750 3.170 3.520 3.440
Cash Flow per Share 2 0.1000 0.1100 0.1400 0.1700 0.0600 0.1000
Capex 1 96.1 83 47.5 66 34.6 33.7
Capex / Sales 2.34% 1.66% 0.89% 1.18% 0.52% 0.46%
Announcement Date 07/06/19 08/06/20 26/03/21 31/05/22 17/07/23 03/06/24
1LKR in Million2LKR
Estimates
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