Upcoming Dividend • Jun 05
Upcoming dividend of ৳1.20 per share Eligible shareholders must have bought the stock before 10 June 2026. Payment date: 30 August 2026. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Bangladeshi dividend payers (3.7%). Lower than average of industry peers (2.6%). Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 8 non-independent directors. Independent Director Javed Hosein was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • May 01
Phoenix Insurance plc announces Annual dividend, payable on August 30, 2026 Phoenix Insurance plc announced Annual dividend of BDT 1.2000 per share payable on August 30, 2026, ex-date on June 10, 2026 and record date on June 09, 2026. 공시 • Apr 30
Phoenix Insurance PLC., Annual General Meeting, Jul 29, 2026 Phoenix Insurance PLC., Annual General Meeting, Jul 29, 2026, at 15:00 Central Asia Standard Time. 공시 • Oct 27
Phoenix Insurance Company Limited to Report Q3, 2025 Results on Oct 29, 2025 Phoenix Insurance Company Limited announced that they will report Q3, 2025 results on Oct 29, 2025 공시 • Jul 28
Phoenix Insurance Company Limited to Report Q2, 2025 Results on Jul 31, 2025 Phoenix Insurance Company Limited announced that they will report Q2, 2025 results on Jul 31, 2025 공시 • May 06
Phoenix Insurance Company Limited, Annual General Meeting, Jul 23, 2025 Phoenix Insurance Company Limited, Annual General Meeting, Jul 23, 2025, at 15:00 Central Asia Standard Time. 공시 • Apr 28
Phoenix Insurance Company Limited to Report Q1, 2025 Results on Apr 30, 2025 Phoenix Insurance Company Limited announced that they will report Q1, 2025 results on Apr 30, 2025 공시 • Apr 25
Phoenix Insurance Company Limited to Report Fiscal Year 2024 Results on Apr 30, 2025 Phoenix Insurance Company Limited announced that they will report fiscal year 2024 results on Apr 30, 2025 공시 • Mar 13
Phoenix Insurance Company Limited Appoints Md. Rafiqur Rahman as Chief Executive Officer Phoenix Insurance Company Limited informed that as per approval of Insurance Development and Regulatory Authority (IDRA), the Board of Directors of the company has appointed Mr. Md. Rafiqur Rahman as Chief Executive Officer (CEO) of the company. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: ৳0.59 (vs ৳0.77 in 3Q 2023) Third quarter 2024 results: EPS: ৳0.59 (down from ৳0.77 in 3Q 2023). Revenue: ৳106.0m (down 1.8% from 3Q 2023). Net income: ৳23.7m (down 24% from 3Q 2023). Profit margin: 22% (down from 29% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year whereas the company’s share price has fallen by 22% per year. Valuation Update With 7 Day Price Move • Nov 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳23.70, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 16x in the Insurance industry in Bangladesh. Total loss to shareholders of 54% over the past three years. 공시 • Oct 28
Phoenix Insurance Company Limited to Report Q3, 2024 Results on Oct 31, 2024 Phoenix Insurance Company Limited announced that they will report Q3, 2024 results on Oct 31, 2024 공시 • Jul 25
Phoenix Insurance Company Limited to Report Q2, 2024 Results on Jul 30, 2024 Phoenix Insurance Company Limited announced that they will report Q2, 2024 results on Jul 30, 2024 Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳31.90, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 21x in the Insurance industry in Bangladesh. Total loss to shareholders of 41% over the past three years. New Risk • Jun 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ৳1.15b (US$9.74m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.3% per year over the past 5 years. Market cap is less than US$10m (৳1.15b market cap, or US$9.74m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Dividend is not well covered by cash flows (102% cash payout ratio). Revenue is less than US$5m (৳439m revenue, or US$3.7m). Upcoming Dividend • May 29
Upcoming dividend of ৳1.20 per share Eligible shareholders must have bought the stock before 05 June 2024. Payment date: 25 August 2024. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 3.7%. Lower than top quartile of Bangladeshi dividend payers (4.4%). Higher than average of industry peers (3.2%). 공시 • May 15
Phoenix Insurance Company Limited, Annual General Meeting, Jul 24, 2024 Phoenix Insurance Company Limited, Annual General Meeting, Jul 24, 2024, at 15:00 Central Asia Standard Time. New Risk • May 11
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.3% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Dividend is not well covered by cash flows (128% cash payout ratio). Revenue is less than US$5m (৳439m revenue, or US$3.7m). Market cap is less than US$100m (৳1.35b market cap, or US$11.5m). 공시 • May 08
Phoenix Insurance Company Limited to Report Q1, 2024 Results on May 09, 2024 Phoenix Insurance Company Limited announced that they will report Q1, 2024 results on May 09, 2024 공시 • May 07
Phoenix Insurance Company Limited to Report Fiscal Year 2023 Results on May 09, 2024 Phoenix Insurance Company Limited announced that they will report fiscal year 2023 results on May 09, 2024 Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: ৳0.77 (vs ৳0.57 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.77 (up from ৳0.57 in 3Q 2022). Revenue: ৳108.7m (down 7.7% from 3Q 2022). Net income: ৳31.0m (up 35% from 3Q 2022). Profit margin: 28% (up from 20% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳41.70, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 24x in the Insurance industry in Bangladesh. Negligible returns to shareholders over past three years. 공시 • Oct 18
Phoenix Insurance Company Limited to Report Q3, 2023 Results on Oct 22, 2023 Phoenix Insurance Company Limited announced that they will report Q3, 2023 results on Oct 22, 2023 공시 • Aug 03
Phoenix Insurance Company Limited Announces Appointment of Javed Hosein as Independent Director Phoenix Insurance Company Limited has informed that Mr. Javed Hosein has been appointed as an Independent Director of the company with immediate effect. 공시 • Jul 26
Phoenix Insurance Company Limited to Report Q2, 2023 Results on Jul 30, 2023 Phoenix Insurance Company Limited announced that they will report Q2, 2023 results on Jul 30, 2023 Reported Earnings • May 31
First quarter 2023 earnings released: EPS: ৳0.67 (vs ৳0.80 in 1Q 2022) First quarter 2023 results: EPS: ৳0.67 (down from ৳0.80 in 1Q 2022). Revenue: ৳157.2m (flat on 1Q 2022). Net income: ৳26.9m (down 16% from 1Q 2022). Profit margin: 17% (down from 21% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. 공시 • May 09
Phoenix Insurance Company Limited to Report Q1, 2023 Results on May 10, 2023 Phoenix Insurance Company Limited announced that they will report Q1, 2023 results on May 10, 2023 Upcoming Dividend • Apr 11
Upcoming dividend of ৳1.50 per share at 4.4% yield Eligible shareholders must have bought the stock before 18 April 2023. Payment date: 02 July 2023. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of Bangladeshi dividend payers (3.8%). Higher than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 19% share price gain to ৳48.40, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 20x in the Insurance industry in Bangladesh. Total returns to shareholders of 90% over the past three years. Upcoming Dividend • May 19
Upcoming dividend of ৳1.50 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 31 July 2022. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 3.5%. Lower than top quartile of Bangladeshi dividend payers (3.6%). Higher than average of industry peers (2.6%). Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Director Nabiha Yesmeen was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 27
Upcoming dividend of ৳1.50 per share Eligible shareholders must have bought the stock before 04 July 2021. Payment date: 12 September 2021. Trailing yield: 2.3%. Lower than top quartile of Bangladeshi dividend payers (2.8%). Higher than average of industry peers (1.7%). Is New 90 Day High Low • Feb 09
New 90-day low: ৳34.70 The company is down 6.0% from its price of ৳37.10 on 11 November 2020. The Bangladeshi market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 1.0% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: ৳46.70 The company is up 25% from its price of ৳37.50 on 24 September 2020. The Bangladeshi market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 16% over the same period. Is New 90 Day High Low • Oct 28
New 90-day high: ৳46.40 The company is up 58% from its price of ৳29.30 on 29 July 2020. The Bangladeshi market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 31% over the same period. Is New 90 Day High Low • Oct 09
New 90-day high: ৳41.10 The company is up 85% from its price of ৳22.20 on 09 July 2020. The Bangladeshi market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 45% over the same period. Is New 90 Day High Low • Sep 24
New 90-day high: ৳36.10 The company is up 68% from its price of ৳21.50 on 24 June 2020. The Bangladeshi market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 40% over the same period. 공시 • Jul 26
Phoenix Insurance Company Limited to Report Q4, 2020 Results on Jul 28, 2020 Phoenix Insurance Company Limited announced that they will report Q4, 2020 results on Jul 28, 2020