Financials Janashakthi Insurance PLC

Equities

JINS.N0000

LK0356N00002

Multiline Insurance & Brokers

End-of-day quote Colombo S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
50 LKR +0.20% Intraday chart for Janashakthi Insurance PLC +4.17% +29.87%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 6,796 7,362 6,796 6,954 7,181 8,721
Enterprise Value (EV) 1 6,684 7,503 6,898 6,857 7,221 12,163
P/E ratio 0.94 x 18.6 x 8.95 x 7.94 x 5.22 x 2.11 x
Yield - - 6.67% 7.49% 8.36% -
Capitalization / Revenue 1.42 x 1.32 x 1.08 x 0.97 x 1.08 x 0.64 x
EV / Revenue 1.4 x 1.34 x 1.1 x 0.96 x 1.08 x 0.89 x
EV / EBITDA 8.77 x 11.9 x 6.02 x 5.22 x 3.56 x 2.22 x
EV / FCF -96 x -3.94 x -4.26 x -10 x 2.64 x -3.24 x
FCF Yield -1.04% -25.4% -23.5% -9.96% 37.8% -30.9%
Price to Book 0.73 x 0.77 x 0.68 x 0.66 x 0.66 x 0.56 x
Nbr of stocks (in thousands) 226,526 226,526 226,526 226,526 226,526 226,526
Reference price 2 30.00 32.50 30.00 30.70 31.70 38.50
Announcement Date 5/27/19 6/30/20 6/10/21 4/6/22 5/9/23 3/6/24
1LKR in Million2LKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4,790 5,581 6,287 7,174 6,678 13,659
EBITDA 1 762.1 632.4 1,146 1,314 2,030 5,467
EBIT 1 720.8 569.5 1,052 1,222 1,923 5,359
Operating Margin 15.05% 10.2% 16.73% 17.03% 28.79% 39.24%
Earnings before Tax (EBT) 1 697.7 532.4 1,021 1,179 1,837 5,251
Net income 1 9,345 396.3 759.3 876.2 1,376 4,135
Net margin 195.09% 7.1% 12.08% 12.21% 20.6% 30.27%
EPS 2 31.88 1.750 3.352 3.868 6.073 18.25
Free Cash Flow 1 -69.64 -1,907 -1,618 -682.6 2,733 -3,755
FCF margin -1.45% -34.16% -25.74% -9.52% 40.92% -27.49%
FCF Conversion (EBITDA) - - - - 134.62% -
FCF Conversion (Net income) - - - - 198.65% -
Dividend per Share - - 2.000 2.300 2.650 -
Announcement Date 5/27/19 6/30/20 6/10/21 4/6/22 5/9/23 3/6/24
1LKR in Million2LKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 141 102 - 40.4 3,442
Net Cash position 1 112 - - 97.2 - -
Leverage (Debt/EBITDA) - 0.2226 x 0.089 x - 0.0199 x 0.6295 x
Free Cash Flow 1 -69.6 -1,907 -1,618 -683 2,733 -3,755
ROE (net income / shareholders' equity) 19.4% 4.2% 7.73% 8.5% 12.9% 30.6%
ROA (Net income/ Total Assets) 1.58% 1.68% 2.84% 3.06% 4.73% 10.9%
Assets 1 592,495 23,562 26,696 28,619 29,090 37,859
Book Value Per Share 2 41.10 42.20 44.40 46.60 47.90 68.80
Cash Flow per Share 2 0.9900 1.180 1.250 1.790 1.250 1.560
Capex 1 152 248 37.6 39.7 35.1 60.8
Capex / Sales 3.18% 4.44% 0.6% 0.55% 0.53% 0.44%
Announcement Date 5/27/19 6/30/20 6/10/21 4/6/22 5/9/23 3/6/24
1LKR in Million2LKR
Estimates
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