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Al Buhaira National Insurance Company P.S.C ADX:ABNIC Stock Report

Last Price

د.إ2.70

Market Cap

د.إ675.0m

7D

0%

1Y

-6.9%

Updated

19 Nov, 2024

Data

Company Financials

Al Buhaira National Insurance Company P.S.C.

ADX:ABNIC Stock Report

Market Cap: د.إ675.0m

Al Buhaira National Insurance Company P.S.C. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Al Buhaira National Insurance Company P.S.C
Historical stock prices
Current Share Priceد.إ2.70
52 Week Highد.إ3.00
52 Week Lowد.إ2.52
Beta-0.062
11 Month Change-9.09%
3 Month Change-3.57%
1 Year Change-6.90%
33 Year Change64.63%
5 Year Change50.00%
Change since IPO25.00%

Recent News & Updates

Recent updates

Consider This Before Buying Al Buhaira National Insurance Company P.S.C. (ADX:ABNIC) For The 5.9% Dividend

Mar 17
Consider This Before Buying Al Buhaira National Insurance Company P.S.C. (ADX:ABNIC) For The 5.9% Dividend

Is Al Buhaira National Insurance Company P.S.C.'s (ADX:ABNIC) Shareholder Ownership Skewed Towards Insiders?

Feb 18
Is Al Buhaira National Insurance Company P.S.C.'s (ADX:ABNIC) Shareholder Ownership Skewed Towards Insiders?

Al Buhaira National Insurance Company P.S.C's (ADX:ABNIC) Stock Price Has Reduced 32% In The Past Five Years

Dec 24
Al Buhaira National Insurance Company P.S.C's (ADX:ABNIC) Stock Price Has Reduced 32% In The Past Five Years

Could The Al Buhaira National Insurance Company P.S.C. (ADX:ABNIC) Ownership Structure Tell Us Something Useful?

Nov 19
Could The Al Buhaira National Insurance Company P.S.C. (ADX:ABNIC) Ownership Structure Tell Us Something Useful?

Shareholder Returns

ABNICAE InsuranceAE Market
7D0%-1.0%-0.3%
1Y-6.9%2.6%-0.3%

Return vs Industry: ABNIC underperformed the AE Insurance industry which returned 2.6% over the past year.

Return vs Market: ABNIC underperformed the AE Market which returned -0.3% over the past year.

Price Volatility

Is ABNIC's price volatile compared to industry and market?
ABNIC volatility
ABNIC Average Weekly Movement5.7%
Insurance Industry Average Movement3.6%
Market Average Movement3.7%
10% most volatile stocks in AE Market8.7%
10% least volatile stocks in AE Market2.0%

Stable Share Price: ABNIC's share price has been volatile over the past 3 months compared to the AE market.

Volatility Over Time: ABNIC's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of AE stocks.

About the Company

FoundedEmployeesCEOWebsite
1978n/aKhaled Bin Abdulla Al Qasimiwww.albuhaira.com

Al Buhaira National Insurance Company P.S.C. operates as an insurance company in the United Arab Emirates and internationally. It operates through three segments: General Insurance, Life Assurance, and Investments. The company offers personal insurance products, including motor, travel, medical, home, yacht, and jet ski; and business insurance products, such as property, engineering, group medical, group life, credit life, marine, aviation, motor fleet, liability, energy, and miscellaneous insurance products.

Al Buhaira National Insurance Company P.S.C. Fundamentals Summary

How do Al Buhaira National Insurance Company P.S.C's earnings and revenue compare to its market cap?
ABNIC fundamental statistics
Market capد.إ675.00m
Earnings (TTM)-د.إ82.12m
Revenue (TTM)د.إ510.45m

1.3x

P/S Ratio

-8.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABNIC income statement (TTM)
Revenueد.إ510.45m
Cost of Revenueد.إ571.10m
Gross Profit-د.إ60.65m
Other Expensesد.إ21.47m
Earnings-د.إ82.12m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.33
Gross Margin-11.88%
Net Profit Margin-16.09%
Debt/Equity Ratio79.6%

How did ABNIC perform over the long term?

See historical performance and comparison