Financials Arab Assurers Insurance Company

Equities

ARAS

JO2102611016

Multiline Insurance & Brokers

End-of-day quote Amman S.E. 07:00:00 2023-03-22 pm EDT 5-day change 1st Jan Change
0.18 JOD +5.88% Intraday chart for Arab Assurers Insurance Company -.--% -.--%

Valuation

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Capitalization 1 1.935 2.12 2.12 1.751 1.751 1.843
Enterprise Value (EV) 1 -1.381 -1.714 -1.959 -1.986 -1.917 0.1979
P/E ratio 3.53 x 1.61 x 3.2 x 9.91 x 5.28 x -1.32 x
Yield - - - - - -
Capitalization / Revenue 0.17 x 0.18 x 0.14 x 0.11 x 0.14 x 0.14 x
EV / Revenue -0.12 x -0.14 x -0.13 x -0.13 x -0.16 x 0.02 x
EV / EBITDA -2.27 x -1.61 x -1.81 x -10.5 x -2.55 x -0.14 x
EV / FCF 2.21 x -10.5 x -3.3 x 5.02 x -47.5 x -1.45 x
FCF Yield 45.2% -9.48% -30.3% 19.9% -2.1% -68.8%
Price to Book 0.44 x 0.37 x 0.36 x 0.29 x 0.27 x 0.37 x
Nbr of stocks (in thousands) 9,216 9,216 9,216 9,216 9,216 9,216
Reference price 2 0.2100 0.2300 0.2300 0.1900 0.1900 0.2000
Announcement Date 3/30/17 4/23/18 4/2/19 6/14/20 3/31/21 3/31/22
1JOD in Million2JOD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net sales 1 11.36 11.98 15.61 15.76 12.26 12.79
EBITDA 1 0.609 1.064 1.082 0.1884 0.7508 -1.455
EBIT 1 0.5489 1.001 1.015 0.1213 0.6852 -1.519
Operating Margin 4.83% 8.36% 6.5% 0.77% 5.59% -11.88%
Earnings before Tax (EBT) 1 0.5476 1.039 1.02 0.1213 0.6852 -1.505
Net income 1 0.5476 1.32 0.6621 0.1767 0.3316 -1.394
Net margin 4.82% 11.02% 4.24% 1.12% 2.7% -10.9%
EPS 2 0.0594 0.1432 0.0718 0.0192 0.0360 -0.1513
Free Cash Flow 1 -0.6243 0.1624 0.5945 -0.3959 0.0404 -0.136
FCF margin -5.49% 1.36% 3.81% -2.51% 0.33% -1.06%
FCF Conversion (EBITDA) - 15.26% 54.96% - 5.37% -
FCF Conversion (Net income) - 12.31% 89.8% - 12.17% -
Dividend per Share - - - - - -
Announcement Date 3/30/17 4/23/18 4/2/19 6/14/20 3/31/21 3/31/22
1JOD in Million2JOD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net Debt 1 - - - - - -
Net Cash position 1 3.32 3.83 4.08 3.74 3.67 1.65
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -0.62 0.16 0.59 -0.4 0.04 -0.14
ROE (net income / shareholders' equity) 13% 25.9% 11.3% 2.93% 5.28% -24.5%
ROA (Net income/ Total Assets) 2.37% 4.18% 3.79% 0.43% 2.5% -5.54%
Assets 1 23.1 31.55 17.45 40.94 13.24 25.18
Book Value Per Share 2 0.4800 0.6100 0.6500 0.6600 0.7000 0.5400
Cash Flow per Share 2 0.3700 0.4200 0.4500 0.4100 0.4000 0.1900
Capex 1 0.01 0.09 0.02 0.01 0.01 0.02
Capex / Sales 0.13% 0.74% 0.15% 0.07% 0.04% 0.15%
Announcement Date 3/30/17 4/23/18 4/2/19 6/14/20 3/31/21 3/31/22
1JOD in Million2JOD
Estimates
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  4. Financials Arab Assurers Insurance Company
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