Financials Arabia Insurance Company - Jordan

Equities

AICJ

JO2100511010

Multiline Insurance & Brokers

End-of-day quote Amman S.E. 07:00:00 2024-03-16 pm EDT 5-day change 1st Jan Change
0.84 JOD -1.18% Intraday chart for Arabia Insurance Company - Jordan -.--% +10.53%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4.32 4.88 4.4 4.72 5.52 6.08
Enterprise Value (EV) 1 -2.376 2.09 -1.078 -1.877 -0.63 -0.1153
P/E ratio 14.2 x 13.5 x 7.07 x -11 x -17.4 x 7.31 x
Yield - - - - - -
Capitalization / Revenue 0.25 x 0.3 x 0.31 x 0.3 x 0.31 x 0.21 x
EV / Revenue -0.14 x 0.13 x -0.08 x -0.12 x -0.03 x -0 x
EV / EBITDA -4.64 x 3.02 x -1.05 x 4.06 x 2.59 x -0.09 x
EV / FCF -1.62 x -0.56 x 0.42 x 1.13 x 0.45 x 0.02 x
FCF Yield -61.6% -178% 237% 88.2% 221% 4,487%
Price to Book 0.43 x 0.47 x 0.41 x 0.45 x 0.54 x 0.59 x
Nbr of stocks (in thousands) 8,000 8,000 8,000 8,000 8,000 8,000
Reference price 2 0.5400 0.6100 0.5500 0.5900 0.6900 0.7600
Announcement Date 4/15/19 4/21/20 5/4/21 4/13/22 3/30/23 5/22/24
1JOD in Million2JOD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 17.24 16.17 14.09 15.7 18.06 29.58
EBITDA 1 0.5116 0.6918 1.023 -0.4627 -0.2435 1.254
EBIT 1 0.3186 0.5017 0.8542 -0.6098 -0.3807 1.124
Operating Margin 1.85% 3.1% 6.06% -3.88% -2.11% 3.8%
Earnings before Tax (EBT) 1 0.317 0.4983 0.8542 -0.6098 -0.3807 1.124
Net income 1 0.3049 0.3609 0.6225 -0.4278 -0.3181 0.8317
Net margin 1.77% 2.23% 4.42% -2.73% -1.76% 2.81%
EPS 2 0.0381 0.0451 0.0778 -0.0535 -0.0398 0.1040
Free Cash Flow 1 1.464 -3.716 -2.553 -1.655 -1.394 -5.172
FCF margin 8.49% -22.99% -18.12% -10.55% -7.72% -17.48%
FCF Conversion (EBITDA) 286.07% - - - - -
FCF Conversion (Net income) 480.03% - - - - -
Dividend per Share - - - - - -
Announcement Date 4/15/19 4/21/20 5/4/21 4/13/22 3/30/23 5/22/24
1JOD in Million2JOD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 6.7 2.79 5.48 6.6 6.15 6.2
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1.46 -3.72 -2.55 -1.66 -1.39 -5.17
ROE (net income / shareholders' equity) 2.96% 3.54% 5.93% -4.06% -3.1% 8.36%
ROA (Net income/ Total Assets) 0.68% 1.09% 1.91% -1.35% -0.81% 2.27%
Assets 1 44.75 33.03 32.6 31.59 39.45 36.6
Book Value Per Share 2 1.260 1.290 1.340 1.300 1.270 1.300
Cash Flow per Share 2 0.8400 0.3500 0.6800 0.8200 0.7700 0.7700
Capex 1 0.01 0.01 0.03 0.01 0.02 0.01
Capex / Sales 0.05% 0.06% 0.19% 0.04% 0.13% 0.03%
Announcement Date 4/15/19 4/21/20 5/4/21 4/13/22 3/30/23 5/22/24
1JOD in Million2JOD
Estimates
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