Financials Qatar General Insurance & Reinsurance Company Q.P.S.C.

Equities

QGRI

QA0006929820

Multiline Insurance & Brokers

End-of-day quote Qatar Exchange 03:30:00 28/04/2024 am IST 5-day change 1st Jan Change
1.1 QAR 0.00% Intraday chart for Qatar General Insurance & Reinsurance Company Q.P.S.C. -0.45% -25.17%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,927 2,153 2,328 1,750 1,285 1,286
Enterprise Value (EV) 1 5,578 3,969 4,370 3,772 3,166 2,108
P/E ratio 16 x -4.6 x 17.8 x 17.7 x -2.4 x -0.88 x
Yield 2.23% - - - - -
Capitalization / Revenue 11 x 8.62 x 7.35 x 4.43 x 4.09 x 2.08 x
EV / Revenue 15.7 x 15.9 x 13.8 x 9.54 x 10.1 x 3.42 x
EV / EBITDA 39.9 x -168 x 30.6 x 36.7 x 83.8 x -6.61 x
EV / FCF 102 x 81 x -24.9 x 337 x 1,653 x -9.86 x
FCF Yield 0.98% 1.24% -4.02% 0.3% 0.06% -10.1%
Price to Book 0.62 x 0.43 x 0.46 x 0.34 x 0.28 x 0.39 x
Nbr of stocks (in thousands) 8,75,067 8,75,067 8,75,067 8,75,067 8,75,067 8,75,067
Reference price 2 4.488 2.460 2.660 2.000 1.468 1.470
Announcement Date 05/03/19 05/03/20 02/03/21 07/04/22 27/02/23 25/02/24
1QAR in Million2QAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 356 249.6 316.5 395.3 314 617
EBITDA 1 139.9 -23.58 143 102.8 37.76 -319.2
EBIT 1 129.4 -31.78 137.3 97.01 29.36 -323.8
Operating Margin 36.36% -12.73% 43.4% 24.54% 9.35% -52.48%
Earnings before Tax (EBT) 1 272 -450.6 109.2 103.4 -531 -1,613
Net income 1 245.8 -468 130.9 98.73 -535.3 -1,466
Net margin 69.04% -187.5% 41.34% 24.98% -170.51% -237.61%
EPS 2 0.2809 -0.5348 0.1495 0.1128 -0.6118 -1.675
Free Cash Flow 1 54.82 49.01 -175.6 11.2 1.915 -213.7
FCF margin 15.4% 19.63% -55.5% 2.83% 0.61% -34.64%
FCF Conversion (EBITDA) 39.18% - - 10.9% 5.07% -
FCF Conversion (Net income) 22.3% - - 11.34% - -
Dividend per Share 2 0.1000 - - - - -
Announcement Date 05/03/19 05/03/20 02/03/21 07/04/22 27/02/23 25/02/24
1QAR in Million2QAR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,651 1,816 2,042 2,022 1,882 822
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 11.8 x -77.01 x 14.28 x 19.68 x 49.83 x -2.575 x
Free Cash Flow 1 54.8 49 -176 11.2 1.92 -214
ROE (net income / shareholders' equity) 4.35% -8.55% 2.09% 2% -11% -40.9%
ROA (Net income/ Total Assets) 0.82% -0.22% 0.97% 0.68% 0.21% -3.01%
Assets 1 30,035 2,14,495 13,523 14,535 -2,51,447 48,675
Book Value Per Share 2 7.210 5.760 5.740 5.860 5.190 3.810
Cash Flow per Share 2 0.1700 0.5300 0.2800 0.2700 0.3100 0.3000
Capex 1 19.6 13.6 3.91 1.04 1.78 1.78
Capex / Sales 5.51% 5.45% 1.24% 0.26% 0.57% 0.29%
Announcement Date 05/03/19 05/03/20 02/03/21 07/04/22 27/02/23 25/02/24
1QAR in Million2QAR
Estimates
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