Financials Al Ain Ahlia Insurance Company

Equities

ALAIN

AEA000101013

Property & Casualty Insurance

Market Closed - Abu Dhabi Securities Exchange 04:13:05 2024-03-05 am EST 5-day change 1st Jan Change
32 AED -.--% Intraday chart for Al Ain Ahlia Insurance Company -.--% -11.11%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 555 495 555 503.7 495 540
Enterprise Value (EV) 1 383.3 387.5 409.9 351.4 406.7 482.1
P/E ratio 11.4 x 8.57 x 7.31 x 6.05 x 7.84 x 15.6 x
Yield 4.05% 10.6% 6.76% 8.93% 7.58% 5.56%
Capitalization / Revenue 1.05 x 1.21 x 1.46 x 1.39 x 1.42 x 1.41 x
EV / Revenue 0.72 x 0.95 x 1.08 x 0.97 x 1.16 x 1.26 x
EV / EBITDA 7.02 x 5.07 x 4.34 x 3.62 x 5.6 x 9.63 x
EV / FCF 5.71 x -4.19 x 5.11 x 1.47 x 29.6 x 8.9 x
FCF Yield 17.5% -23.9% 19.6% 67.8% 3.38% 11.2%
Price to Book 0.47 x 0.41 x 0.47 x 0.39 x 0.38 x 0.41 x
Nbr of stocks (in thousands) 15,000 15,000 15,000 15,000 15,000 15,000
Reference price 2 37.00 33.00 37.00 33.58 33.00 36.00
Announcement Date 2/20/19 2/20/20 2/28/21 2/24/22 2/16/23 2/22/24
1AED in Million2AED
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 530.3 409.9 380.8 361.8 349.7 381.8
EBITDA 1 54.64 76.39 94.54 97.12 72.57 50.07
EBIT 1 50.68 58.96 77.22 80.19 58.86 33.68
Operating Margin 9.56% 14.38% 20.28% 22.16% 16.83% 8.82%
Earnings before Tax (EBT) 1 48.48 57.73 75.98 83.25 63.14 34.6
Net income 1 48.48 57.73 75.98 83.25 63.14 34.6
Net margin 9.14% 14.08% 19.95% 23.01% 18.06% 9.06%
EPS 2 3.232 3.849 5.065 5.550 4.209 2.307
Free Cash Flow 1 67.11 -92.48 80.25 238.4 13.75 54.2
FCF margin 12.66% -22.56% 21.07% 65.89% 3.93% 14.19%
FCF Conversion (EBITDA) 122.82% - 84.88% 245.49% 18.95% 108.24%
FCF Conversion (Net income) 138.41% - 105.62% 286.36% 21.78% 156.63%
Dividend per Share 2 1.500 3.500 2.500 3.000 2.500 2.000
Announcement Date 2/20/19 2/20/20 2/28/21 2/24/22 2/16/23 2/22/24
1AED in Million2AED
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 172 107 145 152 88.3 57.9
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 67.1 -92.5 80.2 238 13.8 54.2
ROE (net income / shareholders' equity) 4.13% 4.92% 6.52% 6.74% 4.82% 2.62%
ROA (Net income/ Total Assets) 0.61% 0.79% 1.34% 1.74% 1.3% 0.85%
Assets 1 7,997 7,308 5,662 4,774 4,873 4,077
Book Value Per Share 2 78.30 80.20 78.00 86.70 87.80 88.70
Cash Flow per Share 2 11.40 7.170 9.680 10.20 5.890 3.860
Capex 1 17.9 4.69 0.57 0.13 0.75 48.5
Capex / Sales 3.38% 1.14% 0.15% 0.04% 0.21% 12.71%
Announcement Date 2/20/19 2/20/20 2/28/21 2/24/22 2/16/23 2/22/24
1AED in Million2AED
Estimates
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