Financials City General Insurance Company Limited

Equities

CITYGENINS

BD0734CGIC09

Property & Casualty Insurance

End-of-day quote Dhaka S.E. 06:00:00 2024-06-05 pm EDT 5-day change 1st Jan Change
86.8 BDT -0.23% Intraday chart for City General Insurance Company Limited -1.70% +75.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 913.4 1,534 2,052 2,924 1,766 3,381
Enterprise Value (EV) 1 876.9 962.1 1,440 2,271 909.3 2,444
P/E ratio 10.5 x 22.4 x 17 x 25.5 x 11.5 x 16.4 x
Yield 3.73% 2.22% 3.32% 2.33% 4.05% 2.42%
Capitalization / Revenue 2.44 x 4.03 x 4.66 x 4.74 x 2.47 x 5.02 x
EV / Revenue 2.34 x 2.53 x 3.27 x 3.68 x 1.27 x 3.63 x
EV / EBITDA 7.21 x 8.47 x 8.46 x 13.2 x 4.12 x 7.87 x
EV / FCF 96.7 x 14.4 x 11 x 9.6 x 2.39 x 13.3 x
FCF Yield 1.03% 6.94% 9.06% 10.4% 41.9% 7.49%
Price to Book 0.86 x 1.43 x 1.78 x 2.45 x 1.39 x 2.43 x
Nbr of stocks (in thousands) 68,166 68,166 68,166 68,166 68,166 68,166
Reference price 2 13.40 22.50 30.10 42.90 25.90 49.60
Announcement Date 5/22/19 8/31/20 6/10/21 4/10/22 3/13/24 3/13/24
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 374.1 380.6 440.3 616.5 714.8 673.9
EBITDA 1 121.6 113.5 170.1 172.6 220.5 310.7
EBIT 1 116 108.3 164.8 165.7 214.1 303.1
Operating Margin 31.01% 28.46% 37.44% 26.88% 29.95% 44.98%
Earnings before Tax (EBT) 1 112.1 107.2 162.1 162.6 212.6 300.4
Net income 1 87.15 68.55 120.8 114.7 153.6 205.6
Net margin 23.3% 18.01% 27.42% 18.61% 21.48% 30.51%
EPS 2 1.278 1.006 1.771 1.683 2.253 3.017
Free Cash Flow 1 9.068 66.8 130.4 236.7 381.2 183.2
FCF margin 2.42% 17.55% 29.62% 38.39% 53.33% 27.18%
FCF Conversion (EBITDA) 7.46% 58.84% 76.68% 137.1% 172.91% 58.95%
FCF Conversion (Net income) 10.41% 97.45% 108.01% 206.31% 248.21% 89.08%
Dividend per Share 2 0.5000 0.5000 1.000 1.000 1.050 1.200
Announcement Date 5/22/19 8/31/20 6/10/21 4/10/22 3/13/24 3/13/24
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 36.5 572 612 653 856 937
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 9.07 66.8 130 237 381 183
ROE (net income / shareholders' equity) 8.56% 6.44% 10.9% 9.78% 12.5% 15.5%
ROA (Net income/ Total Assets) 5.67% 5.1% 7% 6.29% 7.38% 9.3%
Assets 1 1,536 1,343 1,726 1,823 2,080 2,212
Book Value Per Share 2 15.60 15.70 16.90 17.50 18.70 20.40
Cash Flow per Share 2 0.5400 8.390 8.980 9.580 12.60 13.70
Capex 1 6.48 5.23 7.96 20 10.3 3.43
Capex / Sales 1.73% 1.37% 1.81% 3.24% 1.44% 0.51%
Announcement Date 5/22/19 8/31/20 6/10/21 4/10/22 3/13/24 3/13/24
1BDT in Million2BDT
Estimates
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