Financials Provati Insurance Company Limited

Equities

PROVATIINS

BD0743PRVTI1

Property & Casualty Insurance

End-of-day quote Dhaka S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
37.4 BDT -1.06% Intraday chart for Provati Insurance Company Limited -6.97% -36.50%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 588.1 507.9 819.8 2,507 4,250 2,374
Enterprise Value (EV) 1 194 79.2 269.4 1,835 3,539 1,699
P/E ratio 11.4 x -4.9 x -10.1 x 27.2 x 28.5 x 23.4 x
Yield 5.05% 5.85% 4.35% 2.36% 0.82% 2.04%
Capitalization / Revenue 1.33 x 1.18 x 1.17 x 2.97 x 4.35 x 2.43 x
EV / Revenue 0.44 x 0.18 x 0.38 x 2.18 x 3.62 x 1.74 x
EV / EBITDA 2.47 x -1.02 x -5.32 x 14.3 x 18.8 x 10.8 x
EV / FCF 13.4 x -1.83 x -4.53 x 14.5 x 19.4 x -27.6 x
FCF Yield 7.46% -54.5% -22.1% 6.89% 5.16% -3.62%
Price to Book 1.18 x 0.97 x 1.46 x 4 x 5.47 x 2.85 x
Nbr of stocks (in thousands) 40,312 40,312 40,312 40,312 40,312 40,312
Reference price 2 14.59 12.60 20.34 62.19 105.4 58.90
Announcement Date 7/11/18 6/20/19 9/4/20 5/11/21 7/8/22 7/17/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 441.3 432.1 701.6 843.6 976.8 976.8
EBITDA 1 78.47 -77.52 -50.66 128.5 188.5 157.1
EBIT 1 68.76 -87.05 -60.3 117.3 175 138.3
Operating Margin 15.58% -20.15% -8.6% 13.91% 17.91% 14.16%
Earnings before Tax (EBT) 1 68.99 -86.65 -59.72 118.1 176.1 140.1
Net income 1 51.56 -103.7 -81.02 92.01 149.3 101.7
Net margin 11.68% -23.99% -11.55% 10.91% 15.29% 10.41%
EPS 2 1.282 -2.572 -2.010 2.282 3.704 2.522
Free Cash Flow 1 14.48 -43.17 -59.52 126.4 182.6 -61.57
FCF margin 3.28% -9.99% -8.48% 14.99% 18.69% -6.3%
FCF Conversion (EBITDA) 18.45% - - 98.37% 96.86% -
FCF Conversion (Net income) 28.08% - - 137.41% 122.27% -
Dividend per Share 2 0.7368 0.7368 0.8842 1.466 0.8621 1.200
Announcement Date 7/11/18 6/20/19 9/4/20 5/11/21 7/8/22 7/17/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 394 429 550 672 711 675
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 14.5 -43.2 -59.5 126 183 -61.6
ROE (net income / shareholders' equity) 10.7% -20.3% -14.9% 15.5% 21.3% 12.6%
ROA (Net income/ Total Assets) 4.37% -5.57% -3.76% 6.64% 8.63% 5.77%
Assets 1 1,181 1,862 2,152 1,385 1,730 1,762
Book Value Per Share 2 12.40 13.00 14.00 15.60 19.30 20.70
Cash Flow per Share 2 9.800 10.60 13.70 16.70 19.00 18.70
Capex 1 5.96 13.4 9.5 119 30.8 84.7
Capex / Sales 1.35% 3.1% 1.35% 14.09% 3.15% 8.67%
Announcement Date 7/11/18 6/20/19 9/4/20 5/11/21 7/8/22 7/17/23
1BDT in Million2BDT
Estimates
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