Financials Palestine Insurance Company

Equities

PICO

PS3006112943

Property & Casualty Insurance

End-of-day quote Palestine Exchange 06:00:00 2024-02-11 pm EST 5-day change 1st Jan Change
3.39 USD -3.14% Intraday chart for Palestine Insurance Company -.--% -3.14%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 28.44 28.51 27.14 28.35 28.8 31.5
Enterprise Value (EV) 1 23 23.75 22.18 22.78 27.41 37.28
P/E ratio -20.8 x 59 x 22.8 x 9.97 x 8.65 x 87.5 x
Yield - - - 7.46% 6.66% -
Capitalization / Revenue 1.63 x 1.32 x 0.89 x 0.63 x 0.53 x 0.56 x
EV / Revenue 1.32 x 1.1 x 0.73 x 0.51 x 0.51 x 0.67 x
EV / EBITDA -8.3 x 14 x 10.2 x 3.77 x 8.89 x 16.4 x
EV / FCF -36 x -44.7 x 32.6 x 41 x -8.63 x 41.4 x
FCF Yield -2.78% -2.24% 3.07% 2.44% -11.6% 2.42%
Price to Book 3.41 x 2.8 x 2.18 x 1.82 x 1.88 x 2.53 x
Nbr of stocks (in thousands) 9,000 9,000 9,000 9,000 9,000 9,000
Reference price 2 3.160 3.168 3.016 3.150 3.200 3.500
Announcement Date 4/24/19 8/11/20 4/22/21 4/26/22 4/4/23 3/17/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 17.45 21.66 30.44 44.69 54.09 56.06
EBITDA 1 -2.769 1.697 2.183 6.045 3.083 2.271
EBIT 1 -2.966 1.514 1.955 5.743 2.721 1.828
Operating Margin -17% 6.99% 6.42% 12.85% 5.03% 3.26%
Earnings before Tax (EBT) 1 -0.638 0.8257 1.439 2.816 5.052 1.839
Net income 1 -1.291 0.4836 1.19 2.606 3.202 0.3921
Net margin -7.4% 2.23% 3.91% 5.83% 5.92% 0.7%
EPS 2 -0.1519 0.0537 0.1322 0.3158 0.3700 0.0400
Free Cash Flow 1 -0.6396 -0.531 0.6802 0.5558 -3.175 0.9012
FCF margin -3.67% -2.45% 2.23% 1.24% -5.87% 1.61%
FCF Conversion (EBITDA) - - 31.16% 9.19% - 39.68%
FCF Conversion (Net income) - - 57.18% 21.33% - 229.86%
Dividend per Share - - - 0.2350 0.2132 -
Announcement Date 4/24/19 8/11/20 4/22/21 4/26/22 4/4/23 3/17/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 5.78
Net Cash position 1 5.44 4.76 4.97 5.57 1.39 -
Leverage (Debt/EBITDA) - - - - - 2.545 x
Free Cash Flow 1 -0.64 -0.53 0.68 0.56 -3.17 0.9
ROE (net income / shareholders' equity) -11.9% 5.22% 10.5% 18.6% 20.7% 2.93%
ROA (Net income/ Total Assets) -4.77% 2.18% 2.17% 4.87% 1.96% 1.75%
Assets 1 27.05 22.14 54.79 53.54 163.5 22.38
Book Value Per Share 2 0.9300 1.130 1.380 1.730 1.710 1.380
Cash Flow per Share 2 0.7900 0.8600 0.9300 0.8100 0.9700 0.3200
Capex 1 0.1 0.81 1.44 0.91 1.32 0.75
Capex / Sales 0.59% 3.72% 4.73% 2.03% 2.44% 1.33%
Announcement Date 4/24/19 8/11/20 4/22/21 4/26/22 4/4/23 3/17/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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