Financials Paramount Insurance Company Limited

Equities

PARAMOUNT

BD0733PMNTI0

Multiline Insurance & Brokers

End-of-day quote Dhaka S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
58.1 BDT -2.52% Intraday chart for Paramount Insurance Company Limited -7.78% +2.29%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 550.6 1,359 4,426 2,981 1,810 2,310
Enterprise Value (EV) 1 193.2 998.2 3,942 2,496 1,357 1,709
P/E ratio 31.8 x 35.1 x 24.3 x 24.2 x 23.8 x 32.8 x
Yield - 0.49% - 1.36% 2.25% 1.76%
Capitalization / Revenue 3.41 x 6.53 x 11.1 x 7.79 x 5.3 x 6.6 x
EV / Revenue 1.2 x 4.8 x 9.89 x 6.52 x 3.98 x 4.88 x
EV / EBITDA 8.01 x 17.7 x 15.7 x 13.8 x 12.8 x 17.1 x
EV / FCF 3.26 x 808 x 19.4 x -16.9 x -10.4 x 9.43 x
FCF Yield 30.7% 0.12% 5.16% -5.93% -9.58% 10.6%
Price to Book 1.27 x 1.87 x 4.91 x 2.9 x 1.72 x 2.14 x
Nbr of stocks (in thousands) 40,665 40,665 40,665 40,665 40,665 40,665
Reference price 2 13.54 33.42 108.8 73.30 44.50 56.80
Announcement Date 3/28/19 3/23/20 3/15/21 3/22/22 5/12/23 4/9/24
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 161.4 208 398.6 382.6 341.3 349.9
EBITDA 1 24.11 56.53 250.3 180.8 106.3 99.77
EBIT 1 19.73 52.58 246.4 176 100.9 94.9
Operating Margin 12.22% 25.28% 61.83% 46.01% 29.57% 27.12%
Earnings before Tax (EBT) 1 19.7 52.44 246.3 175.5 100.6 94.39
Net income 1 17.34 38.75 182.3 123.1 76.03 70.49
Net margin 10.74% 18.63% 45.73% 32.17% 22.28% 20.14%
EPS 2 0.4264 0.9528 4.483 3.026 1.870 1.734
Free Cash Flow 1 59.33 1.236 203.5 -148.1 -130 181.2
FCF margin 36.76% 0.59% 51.06% -38.71% -38.09% 51.79%
FCF Conversion (EBITDA) 246.08% 2.19% 81.3% - - 181.64%
FCF Conversion (Net income) 342.18% 3.19% 111.64% - - 257.09%
Dividend per Share - 0.1634 - 1.000 1.000 1.000
Announcement Date 3/28/19 3/23/20 3/15/21 3/22/22 5/12/23 4/9/24
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 357 361 484 485 453 601
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 59.3 1.24 204 -148 -130 181
ROE (net income / shareholders' equity) 4.11% 6.69% 22.4% 12.8% 7.32% 6.62%
ROA (Net income/ Total Assets) 1.86% 3.7% 13% 7.66% 3.93% 3.55%
Assets 1 932.5 1,047 1,398 1,607 1,936 1,984
Book Value Per Share 2 10.70 17.80 22.20 25.30 25.80 26.60
Cash Flow per Share 2 8.790 8.870 11.90 11.90 11.10 14.80
Capex 1 3.41 20.8 7.28 320 155 2.77
Capex / Sales 2.11% 9.99% 1.83% 83.53% 45.5% 0.79%
Announcement Date 3/28/19 3/23/20 3/15/21 3/22/22 5/12/23 4/9/24
1BDT in Million2BDT
Estimates
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