Financials Janata Insurance Company Limited

Equities

JANATAINS

BD0706JANI09

Multiline Insurance & Brokers

End-of-day quote Dhaka S.E. 23:00:00 15/07/2024 BST 5-day change 1st Jan Change
30.7 BDT +0.99% Intraday chart for Janata Insurance Company Limited -7.25% -7.81%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 551.7 833 1,679 2,118 1,333 1,552
Enterprise Value (EV) 1 216.9 472.8 1,298 1,682 844.3 999.5
P/E ratio 12.9 x 18.2 x 32.3 x 39.3 x 23.8 x 26.8 x
Yield 3.65% 5.08% 1.51% 1.26% 3.85% 3.3%
Capitalization / Revenue 2.07 x 3.58 x 7.01 x 7.63 x 3.48 x 3.4 x
EV / Revenue 0.81 x 2.03 x 5.42 x 6.06 x 2.21 x 2.19 x
EV / EBITDA 2.63 x 5.47 x 14.5 x 17.8 x 9.04 x 10.1 x
EV / FCF 8.3 x 8 x 12.5 x 21 x 27.1 x 12.1 x
FCF Yield 12% 12.5% 8.01% 4.76% 3.69% 8.27%
Price to Book 0.96 x 1.39 x 2.75 x 3.31 x 1.97 x 2.27 x
Nbr of stocks (in thousands) 46,618 46,618 46,618 46,618 46,618 46,618
Reference price 2 11.83 17.87 36.01 45.43 28.60 33.30
Announcement Date 02/07/19 10/11/20 15/05/21 08/06/22 12/05/23 07/05/24
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 266.5 232.8 239.3 277.6 382.7 456.7
EBITDA 1 82.36 86.5 89.47 94.54 93.41 99.01
EBIT 1 76.46 80.22 82.87 87.44 86.7 91.31
Operating Margin 28.69% 34.46% 34.63% 31.5% 22.66% 19.99%
Earnings before Tax (EBT) 1 69.5 72.99 77.02 82.3 85.06 89.16
Net income 1 42.78 45.86 51.95 53.88 56.05 57.9
Net margin 16.05% 19.7% 21.71% 19.41% 14.65% 12.68%
EPS 2 0.9177 0.9838 1.114 1.156 1.202 1.242
Free Cash Flow 1 26.14 59.09 103.9 80.07 31.14 82.69
FCF margin 9.81% 25.38% 43.43% 28.85% 8.14% 18.1%
FCF Conversion (EBITDA) 31.74% 68.31% 116.18% 84.69% 33.34% 83.52%
FCF Conversion (Net income) 61.1% 128.84% 200.06% 148.59% 55.56% 142.8%
Dividend per Share 2 0.4319 0.9070 0.5442 0.5714 1.100 1.100
Announcement Date 02/07/19 10/11/20 15/05/21 08/06/22 12/05/23 07/05/24
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 335 360 381 435 489 553
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 26.1 59.1 104 80.1 31.1 82.7
ROE (net income / shareholders' equity) 7.72% 7.79% 8.57% 8.61% 8.42% 8.49%
ROA (Net income/ Total Assets) 5.14% 5.09% 4.89% 4.77% 4.37% 4.17%
Assets 1 831.9 901.2 1,064 1,130 1,284 1,387
Book Value Per Share 2 12.30 12.90 13.10 13.70 14.60 14.70
Cash Flow per Share 2 7.180 7.730 9.180 10.20 11.40 12.90
Capex 1 0.64 10.8 1.03 11.3 4.16 11.4
Capex / Sales 0.24% 4.64% 0.43% 4.06% 1.09% 2.5%
Announcement Date 02/07/19 10/11/20 15/05/21 08/06/22 12/05/23 07/05/24
1BDT in Million2BDT
Estimates
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