Financials Jubilee General Insurance Company Limited

Equities

JGICL

PK0001901013

Property & Casualty Insurance

End-of-day quote Pakistan S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
34.06 PKR +3.37% Intraday chart for Jubilee General Insurance Company Limited +8.54% -18.90%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 10,829 9,746 9,349 8,476 5,359 8,337
Enterprise Value (EV) 1 8,967 8,375 8,163 3,783 2,274 5,271
P/E ratio 10.2 x 7.96 x 6.1 x 5.14 x 3.49 x 2.78 x
Yield 6.67% 5.55% 7.43% 9.37% 14.8% 11.9%
Capitalization / Revenue 1.71 x 1.52 x 1.36 x 1.25 x 0.71 x 0.78 x
EV / Revenue 1.41 x 1.31 x 1.19 x 0.56 x 0.3 x 0.49 x
EV / EBITDA 6.17 x 5.19 x 4.17 x 1.72 x 1 x 1.21 x
EV / FCF 7.46 x 5.22 x 4.1 x 1.89 x 0.77 x 1.48 x
FCF Yield 13.4% 19.2% 24.4% 53% 130% 67.7%
Price to Book 1.37 x 1.12 x 0.98 x 0.83 x 0.51 x 0.62 x
Nbr of stocks (in thousands) 198,491 198,491 198,491 198,491 198,491 198,491
Reference price 2 54.55 49.10 47.10 42.70 27.00 42.00
Announcement Date 4/1/19 3/10/20 3/22/21 2/28/22 4/6/23 3/20/24
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 6,350 6,415 6,866 6,771 7,562 10,745
EBITDA 1 1,453 1,613 1,959 2,195 2,263 4,369
EBIT 1 1,400 1,555 1,904 2,151 2,232 4,341
Operating Margin 22.05% 24.24% 27.73% 31.77% 29.51% 40.4%
Earnings before Tax (EBT) 1 1,631 1,725 2,114 2,330 2,470 4,569
Net income 1 1,066 1,224 1,533 1,649 1,534 2,996
Net margin 16.79% 19.09% 22.32% 24.36% 20.28% 27.88%
EPS 2 5.372 6.168 7.722 8.309 7.727 15.09
Free Cash Flow 1 1,202 1,606 1,993 2,007 2,951 3,566
FCF margin 18.93% 25.03% 29.03% 29.64% 39.03% 33.18%
FCF Conversion (EBITDA) 82.76% 99.51% 101.75% 91.42% 130.4% 81.61%
FCF Conversion (Net income) 112.75% 131.14% 130.06% 121.66% 192.43% 119.03%
Dividend per Share 2 3.636 2.727 3.500 4.000 4.000 5.000
Announcement Date 4/1/19 3/10/20 3/22/21 2/28/22 4/6/23 3/20/24
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,861 1,371 1,186 4,693 3,085 3,066
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1,202 1,606 1,993 2,007 2,951 3,566
ROE (net income / shareholders' equity) 13.1% 14.7% 16.8% 16.7% 14.8% 25%
ROA (Net income/ Total Assets) 4.27% 4.48% 5.24% 5.43% 4.79% 7.83%
Assets 1 24,983 27,342 29,231 30,359 32,009 38,283
Book Value Per Share 2 39.80 43.90 48.10 51.30 53.10 67.90
Cash Flow per Share 2 9.380 7.020 6.000 23.60 15.70 15.40
Capex 1 107 52.3 44.1 14 44 52
Capex / Sales 1.68% 0.81% 0.64% 0.21% 0.58% 0.48%
Announcement Date 4/1/19 3/10/20 3/22/21 2/28/22 4/6/23 3/20/24
1PKR in Million2PKR
Estimates
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