Financials General Accident Insurance Company Jamaica Limited

Equities

GENAC

JMP4775P1024

End-of-day quote JAMAICA STOCK EXCHANGE 03:30:00 22/05/2024 am IST 5-day change 1st Jan Change
6.33 JMD -10.72% Intraday chart for General Accident Insurance Company Jamaica Limited -12.08% +30.52%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2,888 3,712 7,322 6,383 6,188 4,548
Enterprise Value (EV) 1 1,903 3,056 6,778 5,789 4,847 3,815
P/E ratio 13.1 x 13 x 13.1 x 26.3 x 24.3 x 8.36 x
Yield - 4.04% 1.95% 3.49% 3.18% 5.51%
Capitalization / Revenue 1.3 x 1.49 x 2.21 x 1.68 x 1.49 x 0.95 x
EV / Revenue 0.86 x 1.23 x 2.05 x 1.53 x 1.17 x 0.8 x
EV / EBITDA 6.54 x 9.03 x 11 x 25.7 x 23.7 x 5.44 x
EV / FCF 4.02 x 6.3 x 2.81 x -75 x -19.2 x -21.8 x
FCF Yield 24.9% 15.9% 35.6% -1.33% -5.21% -4.58%
Price to Book 1.49 x 1.81 x 2.89 x 2.48 x 2.35 x 1.57 x
Nbr of stocks (in thousands) 10,31,250 10,31,250 10,31,250 10,31,250 10,31,250 10,31,250
Reference price 2 2.800 3.600 7.100 6.190 6.000 4.410
Announcement Date 06/04/18 11/04/19 08/05/20 08/06/21 28/06/22 03/04/23
1JMD in Million2JMD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 2,226 2,492 3,307 3,790 4,145 4,787
EBITDA 1 291.1 338.5 613.7 225.4 204.6 701.8
EBIT 1 261.5 296.6 561.8 163.2 135.4 629.4
Operating Margin 11.75% 11.9% 16.99% 4.31% 3.27% 13.15%
Earnings before Tax (EBT) 1 236.1 352.6 770.2 259.5 259.7 708.2
Net income 1 221.2 285.4 558.8 242.5 254.8 543.8
Net margin 9.94% 11.45% 16.89% 6.4% 6.15% 11.36%
EPS 2 0.2145 0.2767 0.5418 0.2352 0.2470 0.5273
Free Cash Flow 1 473.2 485 2,413 -77.17 -252.3 -174.7
FCF margin 21.26% 19.46% 72.96% -2.04% -6.09% -3.65%
FCF Conversion (EBITDA) 162.57% 143.29% 393.2% - - -
FCF Conversion (Net income) 213.88% 169.95% 431.88% - - -
Dividend per Share - 0.1455 0.1384 0.2159 0.1907 0.2430
Announcement Date 06/04/18 11/04/19 08/05/20 08/06/21 28/06/22 03/04/23
1JMD in Million2JMD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 984 656 544 594 1,341 732
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 473 485 2,413 -77.2 -252 -175
ROE (net income / shareholders' equity) 11.3% 14.3% 25.8% 6.48% 5.06% 19.6%
ROA (Net income/ Total Assets) 3.07% 2.9% 3.88% 0.92% 0.71% 3.13%
Assets 1 7,200 9,825 14,404 26,399 35,634 17,386
Book Value Per Share 2 1.880 1.990 2.450 2.500 2.550 2.800
Cash Flow per Share 2 0.9500 0.6400 0.6200 0.7300 1.400 0.7600
Capex 1 57.3 111 54.9 152 127 175
Capex / Sales 2.58% 4.46% 1.66% 4% 3.07% 3.65%
Announcement Date 06/04/18 11/04/19 08/05/20 08/06/21 28/06/22 03/04/23
1JMD in Million2JMD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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