Financials Wethaq Takaful Insurance Company K.S.C.P.

Equities

WETHAQ

KW0EQ0301626

Multiline Insurance & Brokers

End-of-day quote Kuwait S.E. 03:30:00 26/06/2024 am IST 5-day change 1st Jan Change
0.0442 KWD -3.91% Intraday chart for Wethaq Takaful Insurance Company K.S.C.P. -4.12% +84.17%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3.064 2.745 2.24 5.612 2.69 2.635
Enterprise Value (EV) 1 3.055 2.735 2.229 5.561 2.647 2.54
P/E ratio 35.5 x -31.5 x -1.75 x 22.1 x 32.5 x 29.9 x
Yield - - - - - -
Capitalization / Revenue 0.74 x 0.85 x 1 x 2.59 x 1.93 x 0.94 x
EV / Revenue 0.74 x 0.85 x 1 x 2.57 x 1.9 x 0.9 x
EV / EBITDA - - - 2,62,47,606 x 2,58,35,700 x -
EV / FCF -0.95 x -5.06 x -42.2 x -132 x -60.8 x 199 x
FCF Yield -105% -19.8% -2.37% -0.76% -1.65% 0.5%
Price to Book 0.26 x 0.23 x 0.19 x 0.45 x 0.66 x 0.65 x
Nbr of stocks (in thousands) 1,09,805 1,09,805 1,09,805 1,10,250 1,09,805 1,09,805
Reference price 2 0.0279 0.0250 0.0204 0.0509 0.0245 0.0240
Announcement Date 06/03/19 31/03/20 10/03/21 29/03/22 07/03/23 31/03/24
1KWD in Million2KWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 4.147 3.221 2.238 2.167 1.391 2.811
EBITDA - - - 0.2119 0.1025 -
EBIT 1 0.0155 -0.0385 0.0782 0.2116 0.1023 0.0633
Operating Margin 0.37% -1.19% 3.49% 9.77% 7.35% 2.25%
Earnings before Tax (EBT) 1 0.0873 -0.0871 -1.278 0.2556 0.0839 0.0892
Net income 1 0.0864 -0.0871 -1.278 0.253 0.083 0.0883
Net margin 2.08% -2.7% -57.08% 11.67% 5.97% 3.14%
EPS 2 0.000787 -0.000793 -0.0116 0.002303 0.000755 0.000804
Free Cash Flow 1 -3.222 -0.5402 -0.0528 -0.0422 -0.0436 0.0128
FCF margin -77.71% -16.77% -2.36% -1.95% -3.13% 0.45%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - 14.48%
Dividend per Share - - - - - -
Announcement Date 06/03/19 31/03/20 10/03/21 29/03/22 07/03/23 31/03/24
1KWD in Million2KWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 0.01 0.01 0.01 0.05 0.04 0.09
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -3.22 -0.54 -0.05 -0.04 -0.04 0.01
ROE (net income / shareholders' equity) 0.73% -0.73% -10.7% 2.09% 1.99% 2.17%
ROA (Net income/ Total Assets) 0.08% -0.2% 0.41% 1.08% 1.49% 0.94%
Assets 1 106.5 43.36 -314.6 23.36 5.584 9.425
Book Value Per Share 2 0.1100 0.1100 0.1100 0.1100 0.0400 0.0400
Cash Flow per Share 2 0 0 0 0 0 0
Capex - - 0.01 0 0.08 -
Capex / Sales - - 0.29% 0.1% 5.97% -
Announcement Date 06/03/19 31/03/20 10/03/21 29/03/22 07/03/23 31/03/24
1KWD in Million2KWD
Estimates
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