Stock RAKNIC RAS AL KHAIMAH NATIONAL INSURANCE COMPANY
Add to a list
To use this feature you must be a member
Log inSign up

Financials Ras Al Khaimah National Insurance Company

Equities

RAKNIC

AER000501018

Property & Casualty Insurance

Market Closed - Abu Dhabi Securities Exchange
Other stock markets
 02:52:13 2024-03-04 am EST 		5-day change 1st Jan Change
2.7 AED -10.00% Intraday chart for Ras Al Khaimah National Insurance Company -.--% -27.03%
Apr. 26 RAK Insurance Returns to Profit in Q1; Insurance Revenue Rises MT
Apr. 25 Ras Al Khaimah National Insurance Company P.S.C. Reports Earnings Results for the First Quarter Ended March 31, 2024 CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 319 265.6 441.4 424.5 545.7 448.7
Enterprise Value (EV) 1 297.1 238 411.8 400.1 586.1 479.6
P/E ratio 15.6 x 75.2 x 32.8 x 40.5 x -15.6 x 30.9 x
Yield 3.45% - 2.2% 2.29% - -
Capitalization / Revenue 0.95 x 0.7 x 1.12 x 1.37 x 1.85 x 1.55 x
EV / Revenue 0.88 x 0.62 x 1.05 x 1.29 x 1.98 x 1.65 x
EV / EBITDA 12.3 x 45.9 x 35.3 x 30.8 x -17.2 x 31.4 x
EV / FCF 53.7 x -29.9 x 35 x 10.2 x 10.9 x -10.1 x
FCF Yield 1.86% -3.35% 2.86% 9.79% 9.19% -9.91%
Price to Book 1.63 x 1.4 x 2.17 x 2.09 x 3.77 x 2.81 x
Nbr of stocks (in thousands) 121,275 121,275 121,275 121,275 121,275 121,275
Reference price 2 2.630 2.190 3.640 3.500 4.500 3.700
Announcement Date 3/14/19 2/20/20 2/11/21 2/10/22 2/20/23 2/1/24
1AED in Million2AED
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 337.2 381.9 393.3 310.4 295.7 289.8
EBITDA 1 24.23 5.189 11.67 13 -34.11 15.25
EBIT 1 21.9 3.092 9.699 11.84 -34.97 14.54
Operating Margin 6.49% 0.81% 2.47% 3.81% -11.83% 5.02%
Earnings before Tax (EBT) 1 20.51 3.535 13.48 10.47 -34.97 14.54
Net income 1 20.51 3.535 13.48 10.47 -34.97 14.54
Net margin 6.08% 0.93% 3.43% 3.37% -11.83% 5.02%
EPS 2 0.1691 0.0291 0.1111 0.0863 -0.2884 0.1199
Free Cash Flow 1 5.535 -7.966 11.78 39.18 53.84 -47.53
FCF margin 1.64% -2.09% 2.99% 12.62% 18.21% -16.4%
FCF Conversion (EBITDA) 22.84% - 100.93% 301.48% - -
FCF Conversion (Net income) 26.98% - 87.39% 374.15% - -
Dividend per Share 2 0.0907 - 0.0800 0.0800 - -
Announcement Date 3/14/19 2/20/20 2/11/21 2/10/22 2/20/23 2/1/24
1AED in Million2AED
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 40.4 30.9
Net Cash position 1 21.9 27.7 29.7 24.3 - -
Leverage (Debt/EBITDA) - - - - -1.184 x 2.025 x
Free Cash Flow 1 5.53 -7.97 11.8 39.2 53.8 -47.5
ROE (net income / shareholders' equity) 9.89% 1.84% 6.85% 5.16% -20.1% 9.69%
ROA (Net income/ Total Assets) 1.61% 0.23% 0.81% 1% -2.87% 1.56%
Assets 1 1,273 1,514 1,668 1,043 1,220 929.6
Book Value Per Share 2 1.610 1.570 1.670 1.670 1.200 1.320
Cash Flow per Share 2 0.4600 0.2300 0.2400 0.4700 0.0800 0.2400
Capex 1 1.48 0.92 1.39 0.56 0.23 0.14
Capex / Sales 0.44% 0.24% 0.35% 0.18% 0.08% 0.05%
Announcement Date 3/14/19 2/20/20 2/11/21 2/10/22 2/20/23 2/1/24
1AED in Million2AED
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sector Other Property & Casualty Insurance

1st Jan change Capi.
RAS AL KHAIMAH NATIONAL INSURANCE COMPANY Stock Ras Al Khaimah National Insurance Company
-27.03% 89.14M
TOKIO MARINE HOLDINGS, INC. Stock Tokio Marine Holdings, Inc.
+38.91% 61.52B
AMERICAN INTERNATIONAL GROUP, INC. Stock American International Group, Inc.
+10.01% 50.24B
THE TRAVELERS COMPANIES Stock The Travelers Companies
+12.05% 48.88B
THE ALLSTATE CORPORATION Stock The Allstate Corporation
+21.50% 44.86B
ARCH CAPITAL GROUP LTD. Stock Arch Capital Group Ltd.
+22.39% 33.96B
INTACT FINANCIAL CORPORATION Stock Intact Financial Corporation
+10.03% 29.23B
MS&AD INSURANCE GROUP HOLDINGS, INC. Stock MS&AD Insurance Group Holdings, Inc.
+50.11% 27.95B
FAIRFAX FINANCIAL HOLDINGS LIMITED Stock Fairfax Financial Holdings Limited
+21.57% 24.78B
SAMPO OYJ Stock Sampo Oyj
-3.96% 20.38B
Other Property & Casualty Insurance
  1. Stock Market
  2. Equities
  3. RAKNIC Stock
  4. Financials Ras Al Khaimah National Insurance Company