Financials Peoples Insurance Company Limited

Equities

PEOPLESINS

BD0704PEOPI4

Multiline Insurance & Brokers

End-of-day quote Dhaka S.E. 03:30:00 27/06/2024 am IST 5-day change 1st Jan Change
39.5 BDT +1.02% Intraday chart for Peoples Insurance Company Limited +11.58% +10.96%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 808.5 1,003 2,342 2,790 1,682 1,645
Enterprise Value (EV) 1 -332.2 -243.6 966.8 1,291 174.2 129.1
P/E ratio 11.2 x 11.6 x 22.4 x 23.4 x 13.9 x 13.8 x
Yield 3.43% 3.69% 2.17% 2.07% 2.88% 2.81%
Capitalization / Revenue 1.36 x 1.62 x 4.23 x 5.3 x 2.64 x 2.54 x
EV / Revenue -0.56 x -0.39 x 1.74 x 2.45 x 0.27 x 0.2 x
EV / EBITDA -2.89 x -1.8 x 5.34 x 5.54 x 0.9 x 0.56 x
EV / FCF -4.06 x -2.39 x 3.59 x 6.19 x 1.63 x 1.37 x
FCF Yield -24.6% -41.9% 27.9% 16.2% 61.5% 72.8%
Price to Book 0.68 x 0.8 x 1.77 x 2.01 x 1.16 x 1.08 x
Nbr of stocks (in thousands) 46,200 46,200 46,200 46,200 46,200 46,200
Reference price 2 17.50 21.70 50.70 60.40 36.40 35.60
Announcement Date 17/07/19 29/12/20 29/04/21 27/06/22 13/06/23 05/06/24
1BDT in Million2BDT
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 592.6 620.6 554.1 526 635.9 646.8
EBITDA 1 114.8 135.1 181.2 233.1 194 230.2
EBIT 1 94.6 114.7 160.7 212.3 173 209.5
Operating Margin 15.96% 18.48% 29% 40.35% 27.2% 32.39%
Earnings before Tax (EBT) 1 94.6 114.7 160.7 212.3 173 209.2
Net income 1 72.04 86.39 104.4 119.1 120.8 118.9
Net margin 12.16% 13.92% 18.84% 22.64% 18.99% 18.39%
EPS 2 1.559 1.870 2.260 2.578 2.614 2.575
Free Cash Flow 1 81.77 102.2 269.5 208.7 107.1 94
FCF margin 13.8% 16.46% 48.63% 39.67% 16.84% 14.53%
FCF Conversion (EBITDA) 71.26% 75.63% 148.74% 89.52% 55.19% 40.83%
FCF Conversion (Net income) 113.5% 118.24% 258.04% 175.24% 88.68% 79.02%
Dividend per Share 2 0.6000 0.8000 1.100 1.250 1.050 1.000
Announcement Date 17/07/19 29/12/20 29/04/21 27/06/22 13/06/23 05/06/24
1BDT in Million2BDT
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,141 1,246 1,375 1,499 1,508 1,516
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 81.8 102 269 209 107 94
ROE (net income / shareholders' equity) 6.09% 7.05% 8.11% 8.78% 8.5% 7.99%
ROA (Net income/ Total Assets) 2.77% 3.13% 4.1% 5.15% 4.04% 4.68%
Assets 1 2,597 2,758 2,546 2,312 2,991 2,541
Book Value Per Share 2 25.90 27.10 28.60 30.10 31.40 33.00
Cash Flow per Share 2 24.70 27.00 30.00 32.70 32.80 33.00
Capex 1 16.2 23.5 11.4 26 7.72 53.7
Capex / Sales 2.73% 3.79% 2.06% 4.94% 1.21% 8.3%
Announcement Date 17/07/19 29/12/20 29/04/21 27/06/22 13/06/23 05/06/24
1BDT in Million2BDT
Estimates
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