Financials Green Delta Insurance Company Limited

Equities

GREENDELT

BD0702GDI002

Property & Casualty Insurance

End-of-day quote Dhaka S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
55 BDT +1.85% Intraday chart for Green Delta Insurance Company Limited +0.18% -16.03%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5,245 4,633 5,741 10,630 6,522 6,562
Enterprise Value (EV) 1 5,010 5,082 5,230 10,666 6,605 7,476
P/E ratio 24.9 x 23 x 9.78 x 13.9 x 9.9 x 12 x
Yield 1.54% 2.87% 3.98% 2.83% 3.84% 3.82%
Capitalization / Revenue 2.09 x 1.66 x 2.2 x 3.9 x 2.28 x 2.14 x
EV / Revenue 1.99 x 1.82 x 2 x 3.91 x 2.31 x 2.44 x
EV / EBITDA 11 x 12 x 4.94 x 7.53 x 5.76 x 7.5 x
EV / FCF -19.4 x -8.7 x 4.73 x -35.4 x 18.7 x 12.5 x
FCF Yield -5.16% -11.5% 21.1% -2.83% 5.35% 8.02%
Price to Book 0.8 x 0.76 x 0.89 x 1.53 x 0.94 x 0.9 x
Nbr of stocks (in thousands) 100,188 100,188 100,188 100,188 100,188 100,188
Reference price 2 52.35 46.25 57.30 106.1 65.10 65.50
Announcement Date 3/11/19 2/10/20 3/9/21 2/6/22 3/27/23 3/18/24
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,513 2,794 2,609 2,725 2,861 3,062
EBITDA 1 453.5 422.4 1,058 1,416 1,146 996.6
EBIT 1 397 374.9 1,009 1,364 1,088 936.6
Operating Margin 15.8% 13.42% 38.67% 50.03% 38.02% 30.59%
Earnings before Tax (EBT) 1 306 272.5 928.5 1,272 1,011 851.7
Net income 1 211 201.3 587.2 767.4 659.1 544.9
Net margin 8.39% 7.2% 22.5% 28.15% 23.04% 17.8%
EPS 2 2.106 2.009 5.861 7.659 6.578 5.439
Free Cash Flow 1 -258.7 -584.3 1,105 -301.4 353.5 599.2
FCF margin -10.29% -20.91% 42.33% -11.06% 12.35% 19.57%
FCF Conversion (EBITDA) - - 104.43% - 30.83% 60.12%
FCF Conversion (Net income) - - 188.13% - 53.63% 109.96%
Dividend per Share 2 0.8054 1.329 2.279 3.000 2.500 2.500
Announcement Date 3/11/19 2/10/20 3/9/21 2/6/22 3/27/23 3/18/24
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 449 - 35.9 82.7 913
Net Cash position 1 234 - 511 - - -
Leverage (Debt/EBITDA) - 1.062 x - 0.0253 x 0.0721 x 0.9164 x
Free Cash Flow 1 -259 -584 1,105 -301 353 599
ROE (net income / shareholders' equity) 3.18% 3.34% 9.4% 11.5% 9.51% 7.65%
ROA (Net income/ Total Assets) 2.33% 2.08% 5.33% 6.69% 4.92% 3.89%
Assets 1 9,072 9,675 11,009 11,464 13,389 14,017
Book Value Per Share 2 65.20 60.50 64.10 69.30 69.00 73.20
Cash Flow per Share 2 12.10 11.50 13.40 15.10 16.50 16.20
Capex 1 50.9 35.4 30.3 80.8 84.5 3.69
Capex / Sales 2.02% 1.27% 1.16% 2.96% 2.95% 0.12%
Announcement Date 3/11/19 2/10/20 3/9/21 2/6/22 3/27/23 3/18/24
1BDT in Million2BDT
Estimates
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