Financials Qatar Islamic Insurance Group Q.P.S.C.

Equities

QISI

QA0006929861

Multiline Insurance & Brokers

End-of-day quote Qatar Exchange 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
7.994 QAR -0.06% Intraday chart for Qatar Islamic Insurance Group Q.P.S.C. -0.06% -10.17%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 805.6 1,002 1,035 1,200 1,305 1,335
Enterprise Value (EV) 1 531.2 699.8 720.3 821.3 848.9 966.5
P/E ratio 12.8 x 13.8 x 13.7 x 15 x 12.9 x 9.35 x
Yield 6.52% 5.61% 4.71% 5% 5.17% 5.62%
Capitalization / Revenue 5.28 x 4.65 x 5.38 x 4.42 x 3.86 x 3.48 x
EV / Revenue 3.48 x 3.24 x 3.74 x 3.03 x 2.51 x 2.52 x
EV / EBITDA 7.49 x 8.13 x 8.53 x 9.5 x 7.46 x 6.14 x
EV / FCF 5.89 x 21.6 x -51.4 x 16.3 x 7.66 x 10.2 x
FCF Yield 17% 4.63% -1.94% 6.13% 13.1% 9.81%
Price to Book 2.24 x 2.65 x 2.61 x 2.82 x 2.86 x 2.52 x
Nbr of stocks (in thousands) 150,000 150,000 150,000 150,000 150,000 150,000
Reference price 2 5.371 6.680 6.900 8.000 8.700 8.899
Announcement Date 2/25/19 2/26/20 3/1/21 2/9/22 2/13/23 2/15/24
1QAR in Million2QAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 152.6 215.6 192.5 271.4 338.1 383.8
EBITDA 1 70.9 86.12 84.41 86.46 113.8 157.3
EBIT 1 63.64 79.24 78.1 80.07 112.6 155.8
Operating Margin 41.71% 36.74% 40.58% 29.5% 33.3% 40.58%
Earnings before Tax (EBT) 1 63.02 72.68 75.73 80.11 101.1 142.8
Net income 1 63.02 72.68 75.73 80.11 101.1 142.8
Net margin 41.3% 33.7% 39.35% 29.52% 29.9% 37.21%
EPS 2 0.4201 0.4845 0.5048 0.5341 0.6740 0.9520
Free Cash Flow 1 90.22 32.42 -14 50.34 110.9 94.84
FCF margin 59.13% 15.04% -7.27% 18.55% 32.79% 24.71%
FCF Conversion (EBITDA) 127.26% 37.65% - 58.22% 97.44% 60.28%
FCF Conversion (Net income) 143.16% 44.61% - 62.84% 109.67% 66.41%
Dividend per Share 2 0.3500 0.3750 0.3250 0.4000 0.4500 0.5000
Announcement Date 2/25/19 2/26/20 3/1/21 2/9/22 2/13/23 2/15/24
1QAR in Million2QAR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 274 302 315 379 456 368
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 90.2 32.4 -14 50.3 111 94.8
ROE (net income / shareholders' equity) 17.7% 19.7% 19.6% 19.5% 23% 28.9%
ROA (Net income/ Total Assets) 4.27% 4.55% 4.31% 4.49% 5.73% 7.38%
Assets 1 1,477 1,596 1,757 1,783 1,765 1,934
Book Value Per Share 2 2.400 2.520 2.640 2.830 3.040 3.530
Cash Flow per Share 2 1.830 2.010 2.100 2.540 3.050 2.460
Capex 1 0.49 2.94 2.44 1.06 6.23 4.4
Capex / Sales 0.32% 1.37% 1.27% 0.39% 1.84% 1.15%
Announcement Date 2/25/19 2/26/20 3/1/21 2/9/22 2/13/23 2/15/24
1QAR in Million2QAR
Estimates
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