Financials PT Victoria Insurance Tbk

Equities

VINS

ID1000135601

Property & Casualty Insurance

End-of-day quote INDONESIA S.E. 03:30:00 31/05/2024 am IST 5-day change 1st Jan Change
141 IDR -4.08% Intraday chart for PT Victoria Insurance Tbk -4.73% -6.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,83,151 1,79,144 1,32,912 2,38,073 2,59,982 2,19,086
Enterprise Value (EV) 1 1,81,133 1,77,000 1,30,015 2,34,855 2,54,901 2,19,257
P/E ratio 47.9 x 8.2 x 21.4 x 19.3 x 30 x 33.8 x
Yield 6.9% 7.72% 3.74% 2.09% 2.64% -
Capitalization / Revenue 4.93 x 3.7 x 3.58 x 5.31 x 6.19 x 3.8 x
EV / Revenue 4.87 x 3.66 x 3.5 x 5.23 x 6.07 x 3.81 x
EV / EBITDA 16.6 x 7.97 x 18.5 x 18.9 x 26.8 x 32.7 x
EV / FCF -20 x 8.8 x -13 x 6.94 x 32.2 x -7.15 x
FCF Yield -5% 11.4% -7.69% 14.4% 3.11% -14%
Price to Book 1.02 x 0.96 x 0.72 x 0.99 x 1.39 x 1.43 x
Nbr of stocks (in thousands) 14,53,583 14,56,453 14,60,574 14,60,574 14,60,574 14,60,574
Reference price 2 126.0 123.0 91.00 163.0 178.0 150.0
Announcement Date 28/03/19 06/04/20 29/04/21 25/04/22 29/03/23 28/03/24
1IDR in Million2IDR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 37,166 48,421 37,119 44,868 41,993 57,608
EBITDA 1 10,897 22,196 7,020 12,396 9,521 6,710
EBIT 1 10,504 21,749 6,302 11,536 8,491 5,789
Operating Margin 28.26% 44.92% 16.98% 25.71% 20.22% 10.05%
Earnings before Tax (EBT) 1 4,793 22,060 6,347 11,680 9,150 6,278
Net income 1 3,948 21,806 6,212 12,309 8,664 6,479
Net margin 10.62% 45.03% 16.73% 27.43% 20.63% 11.25%
EPS 2 2.630 15.00 4.256 8.430 5.932 4.436
Free Cash Flow 1 -9,051 20,103 -9,993 33,856 7,922 -30,656
FCF margin -24.35% 41.52% -26.92% 75.46% 18.86% -53.21%
FCF Conversion (EBITDA) - 90.57% - 273.13% 83.21% -
FCF Conversion (Net income) - 92.19% - 275.05% 91.44% -
Dividend per Share 2 8.700 9.500 3.400 3.400 4.700 -
Announcement Date 28/03/19 06/04/20 29/04/21 25/04/22 29/03/23 28/03/24
1IDR in Million2IDR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 171
Net Cash position 1 2,018 2,144 2,898 3,218 5,081 -
Leverage (Debt/EBITDA) - - - - - 0.0255 x
Free Cash Flow 1 -9,051 20,103 -9,993 33,856 7,922 -30,656
ROE (net income / shareholders' equity) 2.14% 11.9% 3.35% 5.79% 4.06% 3.81%
ROA (Net income/ Total Assets) 2.55% 4.98% 1.3% 2.12% 1.62% 1.34%
Assets 1 1,55,072 4,38,180 4,78,297 5,79,548 5,33,535 4,83,476
Book Value Per Share 2 124.0 128.0 126.0 165.0 128.0 105.0
Cash Flow per Share 2 1.390 1.470 3.040 2.870 4.260 2.170
Capex 1 430 1,306 660 964 65.8 87.6
Capex / Sales 1.16% 2.7% 1.78% 2.15% 0.16% 0.15%
Announcement Date 28/03/19 06/04/20 29/04/21 25/04/22 29/03/23 28/03/24
1IDR in Million2IDR
Estimates
  1. Stock Market
  2. Equities
  3. VINS Stock
  4. Financials PT Victoria Insurance Tbk