Financials Republic Insurance Company Limited

Equities

REPUBLIC

BD0739REPIC1

Property & Casualty Insurance

End-of-day quote Dhaka S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
34.7 BDT -2.80% Intraday chart for Republic Insurance Company Limited -8.20% -13.68%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 921.1 992.8 1,092 2,579 2,630 1,740
Enterprise Value (EV) 1 878.6 963 1,042 2,476 2,554 1,679
P/E ratio 15.8 x 13.9 x 9.4 x 18 x 34.7 x 12.6 x
Yield - - 2.78% 1.26% 1.89% 3.14%
Capitalization / Revenue 2.34 x 2.36 x 2.12 x 4.23 x 5.06 x 2.91 x
EV / Revenue 2.24 x 2.29 x 2.02 x 4.06 x 4.91 x 2.81 x
EV / EBITDA 9.77 x 10.2 x 6.56 x 12.7 x 20.3 x 7.86 x
EV / FCF -66.1 x -40.9 x 75.6 x 26.7 x 78.3 x 28.2 x
FCF Yield -1.51% -2.45% 1.32% 3.75% 1.28% 3.55%
Price to Book 1.76 x 1.7 x 1.63 x 3.44 x 3.15 x 1.96 x
Nbr of stocks (in thousands) 52,099 52,099 52,099 52,105 52,099 52,099
Reference price 2 17.68 19.06 20.96 49.49 50.48 33.40
Announcement Date 8/6/18 6/16/19 8/19/20 5/25/21 10/28/22 6/6/23
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 392.9 420.7 515.9 610 519.8 597.5
EBITDA 1 89.89 94.86 158.7 195.5 125.9 213.7
EBIT 1 86.97 87.79 149.7 186.6 117.4 205.4
Operating Margin 22.14% 20.87% 29.02% 30.59% 22.59% 34.38%
Earnings before Tax (EBT) 1 87.25 91.1 151.9 188.1 123.2 204.1
Net income 1 58.34 71.31 116.1 143.5 75.85 138.2
Net margin 14.85% 16.95% 22.51% 23.53% 14.59% 23.13%
EPS 2 1.120 1.369 2.229 2.754 1.456 2.653
Free Cash Flow 1 -13.29 -23.56 13.77 92.74 32.61 59.6
FCF margin -3.38% -5.6% 2.67% 15.2% 6.27% 9.98%
FCF Conversion (EBITDA) - - 8.68% 47.43% 25.91% 27.89%
FCF Conversion (Net income) - - 11.86% 64.63% 42.99% 43.12%
Dividend per Share - - 0.5823 0.6231 0.9524 1.050
Announcement Date 8/6/18 6/16/19 8/19/20 5/25/21 10/28/22 6/6/23
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 42.4 29.9 50.6 103 75.5 61.3
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -13.3 -23.6 13.8 92.7 32.6 59.6
ROE (net income / shareholders' equity) 11.8% 12.9% 18.5% 20.2% 9.56% 16%
ROA (Net income/ Total Assets) 5.65% 5.33% 8.32% 9.1% 5.09% 8.37%
Assets 1 1,032 1,339 1,396 1,576 1,490 1,652
Book Value Per Share 2 10.00 11.20 12.90 14.40 16.00 17.10
Cash Flow per Share 2 0.8300 0.5700 1.230 2.160 1.660 1.470
Capex 1 11.2 31.1 21.8 7.89 5.39 16.1
Capex / Sales 2.86% 7.38% 4.22% 1.29% 1.04% 2.7%
Announcement Date 8/6/18 6/16/19 8/19/20 5/25/21 10/28/22 6/6/23
1BDT in Million2BDT
Estimates
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