Financials United Fidelity Insurance Company

Equities

FIDELITYUNITED

AEU000301017

Property & Casualty Insurance

Market Closed - Abu Dhabi Securities Exchange 02:57:57 2022-09-13 am EDT 5-day change 1st Jan Change
1.6 AED -1.99% Intraday chart for United Fidelity Insurance Company -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 200 200 200 163 256 256
Enterprise Value (EV) 1 181.5 169.2 169.9 130.6 237.8 200
P/E ratio -21.2 x 142 x 55.2 x 20.4 x 288 x -14.7 x
Yield - - - - - -
Capitalization / Revenue 3.08 x 1.99 x 1.18 x 0.67 x 1.17 x 0.95 x
EV / Revenue 2.8 x 1.68 x 1 x 0.53 x 1.09 x 0.74 x
EV / EBITDA -28.9 x 62.3 x 22.9 x 10.8 x 131 x -12.5 x
EV / FCF 38.7 x 5.81 x 3.54 x -26.7 x -9.45 x 58.4 x
FCF Yield 2.59% 17.2% 28.2% -3.74% -10.6% 1.71%
Price to Book 2.84 x 2.64 x 2.68 x 1.62 x 1.83 x 1.91 x
Nbr of stocks (in thousands) 100,000 100,000 100,000 100,000 160,000 160,000
Reference price 2 2.000 2.000 2.000 1.630 1.600 1.600
Announcement Date 3/3/19 2/12/20 2/28/21 3/24/22 3/16/23 3/21/24
1AED in Million2AED
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 64.92 100.7 169.3 244.7 218.6 270.6
EBITDA 1 -6.273 2.717 7.41 12.1 1.82 -16.01
EBIT 1 -6.556 2.334 6.649 11.04 0.6992 -17.29
Operating Margin -10.1% 2.32% 3.93% 4.51% 0.32% -6.39%
Earnings before Tax (EBT) 1 -9.444 1.412 3.622 8.038 0.6832 -17.43
Net income 1 -9.444 1.412 3.622 8.038 0.6832 -17.43
Net margin -14.55% 1.4% 2.14% 3.28% 0.31% -6.44%
EPS 2 -0.0944 0.0141 0.0362 0.0800 0.005551 -0.1089
Free Cash Flow 1 4.695 29.1 47.97 -4.886 -25.16 3.423
FCF margin 7.23% 28.89% 28.33% -2% -11.51% 1.26%
FCF Conversion (EBITDA) - 1,071.12% 647.36% - - -
FCF Conversion (Net income) - 2,061.24% 1,324.38% - - -
Dividend per Share - - - - - -
Announcement Date 3/3/19 2/12/20 2/28/21 3/24/22 3/16/23 3/21/24
1AED in Million2AED
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 18.5 30.8 30.1 32.4 18.2 56
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 4.7 29.1 48 -4.89 -25.2 3.42
ROE (net income / shareholders' equity) -12% 1.93% 4.81% 9.17% 0.57% -12.9%
ROA (Net income/ Total Assets) -1.36% 0.43% 0.95% 1.28% 0.06% -1.87%
Assets 1 693.9 328.6 381.7 629.8 1,074 931.2
Book Value Per Share 2 0.7000 0.7600 0.7500 1.010 0.8800 0.8400
Cash Flow per Share 2 0.1800 0.3800 0.3700 0.3900 0.2200 0.4000
Capex 1 1.01 3.88 0.69 1.12 2.15 0.64
Capex / Sales 1.55% 3.85% 0.41% 0.46% 0.99% 0.24%
Announcement Date 3/3/19 2/12/20 2/28/21 3/24/22 3/16/23 3/21/24
1AED in Million2AED
Estimates
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