Financials Takaful Islami Insurance Limited

Equities

TAKAFULINS

BD0736TAKII9

Property & Casualty Insurance

End-of-day quote Dhaka S.E. 23:00:00 18/05/2024 BST 5-day change 1st Jan Change
34.5 BDT -2.54% Intraday chart for Takaful Islami Insurance Limited -8.73% -18.05%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 940 1,041 1,184 2,023 2,381 1,933
Enterprise Value (EV) 1 452.3 504.7 559.8 1,333 1,689 1,188
P/E ratio 13 x 19.1 x 16.9 x 28.8 x 24.8 x 30.1 x
Yield 2.02% 1.93% 3.6% 2.11% 1.97% 2.64%
Capitalization / Revenue 2.76 x 3.3 x 3.21 x 4.24 x 4.93 x 4.03 x
EV / Revenue 1.33 x 1.6 x 1.52 x 2.79 x 3.5 x 2.47 x
EV / EBITDA 5.15 x 6.71 x 5.9 x 12.3 x 12.7 x 12 x
EV / FCF -598 x 12 x 20.1 x 27.8 x 14.6 x 16.4 x
FCF Yield -0.17% 8.36% 4.96% 3.59% 6.86% 6.08%
Price to Book 1.42 x 1.52 x 1.61 x 2.64 x 2.92 x 2.4 x
Nbr of stocks (in thousands) 42,587 42,587 42,587 42,587 42,587 42,587
Reference price 2 22.07 24.43 27.80 47.50 55.90 45.40
Announcement Date 18/03/18 01/03/19 14/09/20 16/07/21 05/07/22 09/06/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 341.2 315.4 369.1 477.4 482.5 480.2
EBITDA 1 87.78 75.17 94.85 108.8 133.1 99.28
EBIT 1 84.64 71.21 91.4 103.9 127.1 92.9
Operating Margin 24.81% 22.58% 24.76% 21.77% 26.34% 19.35%
Earnings before Tax (EBT) 1 81.22 69.72 90.44 100.4 123.7 90.63
Net income 1 72.11 54.41 70.01 70.33 95.59 64.34
Net margin 21.14% 17.25% 18.97% 14.73% 19.81% 13.4%
EPS 2 1.693 1.278 1.644 1.652 2.253 1.511
Free Cash Flow 1 -0.7567 42.2 27.79 47.88 115.8 72.25
FCF margin -0.22% 13.38% 7.53% 10.03% 24.01% 15.05%
FCF Conversion (EBITDA) - 56.14% 29.3% 44.02% 87.01% 72.78%
FCF Conversion (Net income) - 77.56% 39.7% 68.08% 121.16% 112.31%
Dividend per Share 2 0.4450 0.4717 1.000 1.000 1.100 1.200
Announcement Date 18/03/18 01/03/19 14/09/20 16/07/21 05/07/22 09/06/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 488 536 624 690 692 746
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -0.76 42.2 27.8 47.9 116 72.3
ROE (net income / shareholders' equity) 11.4% 8.08% 9.88% 9.39% 12.1% 7.94%
ROA (Net income/ Total Assets) 5.75% 4.56% 5.55% 6.09% 6.72% 4.66%
Assets 1 1,254 1,193 1,262 1,155 1,424 1,379
Book Value Per Share 2 15.60 16.10 17.20 18.00 19.10 18.90
Cash Flow per Share 2 13.60 14.40 16.10 17.70 17.30 17.80
Capex 1 6.3 3.46 4.56 64.2 3.05 21.1
Capex / Sales 1.85% 1.1% 1.24% 13.44% 0.63% 4.4%
Announcement Date 18/03/18 01/03/19 14/09/20 16/07/21 05/07/22 09/06/23
1BDT in Million2BDT
Estimates
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