Financials Jubilee Holdings Limited

Equities

JUB

KE0000000273

Multiline Insurance & Brokers

End-of-day quote Nairobi S.E. 03:30:00 26/04/2024 am IST 5-day change 1st Jan Change
182.8 KES -3.82% Intraday chart for Jubilee Holdings Limited -4.32% -1.22%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 36,164 29,333 25,438 20,582 22,956 14,404
Enterprise Value (EV) 1 21,367 12,145 10,703 13,622 18,303 9,882
P/E ratio 9.2 x 7.71 x 7.15 x 5.67 x 3.52 x 2.26 x
Yield 1.8% 2.22% 2.56% 3.17% 2.84% 4.53%
Capitalization / Revenue 1.17 x 1.06 x 0.78 x 0.62 x 0.58 x 0.43 x
EV / Revenue 0.69 x 0.44 x 0.33 x 0.41 x 0.46 x 0.29 x
EV / EBITDA 5.56 x 3.1 x 2.71 x 3.53 x 2.75 x 4.22 x
EV / FCF 85.4 x -1.45 x 0.15 x -4.79 x 1.37 x 0.83 x
FCF Yield 1.17% -68.9% 652% -20.9% 73.1% 121%
Price to Book 1.54 x 1.12 x 0.9 x 0.63 x 0.58 x 0.32 x
Nbr of stocks (in thousands) 72,473 72,473 72,473 72,473 72,473 72,473
Reference price 2 499.0 404.8 351.0 284.0 316.8 198.8
Announcement Date 13/04/18 30/04/19 15/04/21 15/04/21 31/03/22 19/04/23
1KES in Million2KES
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 31,031 27,757 32,765 33,014 39,401 33,875
EBITDA 1 3,846 3,922 3,955 3,854 6,644 2,340
EBIT 1 3,736 3,816 3,954 3,755 6,535 2,284
Operating Margin 12.04% 13.75% 12.07% 11.38% 16.59% 6.74%
Earnings before Tax (EBT) 1 5,161 5,410 5,007 5,077 8,432 7,531
Net income 1 3,932 3,806 3,556 3,628 6,514 6,387
Net margin 12.67% 13.71% 10.85% 10.99% 16.53% 18.85%
EPS 2 54.26 52.52 49.07 50.06 89.88 88.13
Free Cash Flow 1 250.1 -8,367 69,785 -2,845 13,386 11,944
FCF margin 0.81% -30.14% 212.99% -8.62% 33.97% 35.26%
FCF Conversion (EBITDA) 6.5% - 1,764.48% - 201.46% 510.47%
FCF Conversion (Net income) 6.36% - 1,962.21% - 205.49% 187%
Dividend per Share 2 9.000 9.000 9.000 9.000 9.000 9.000
Announcement Date 13/04/18 30/04/19 15/04/21 15/04/21 31/03/22 19/04/23
1KES in Million2KES
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 14,797 17,188 14,735 6,960 4,653 4,522
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 250 -8,367 69,785 -2,845 13,386 11,944
ROE (net income / shareholders' equity) 18.1% 15.7% 13.7% 12.4% 17.6% 14.5%
ROA (Net income/ Total Assets) 2.39% 2.18% 2.02% 1.7% 2.71% 0.88%
Assets 1 1,64,649 1,74,897 1,75,750 2,13,256 2,40,138 7,28,862
Book Value Per Share 2 325.0 361.0 390.0 452.0 544.0 629.0
Cash Flow per Share 2 204.0 237.0 207.0 129.0 95.30 84.90
Capex 1 174 147 255 85.5 1,002 225
Capex / Sales 0.56% 0.53% 0.78% 0.26% 2.54% 0.67%
Announcement Date 13/04/18 30/04/19 15/04/21 15/04/21 31/03/22 19/04/23
1KES in Million2KES
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
182.8 KES
Average target price
257.4 KES
Spread / Average Target
+40.83%
Consensus
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