company background image
ADNIC logo

Abu Dhabi National Insurance Company PJSC ADX:ADNIC Stock Report

Last Price

د.إ5.87

Market Cap

د.إ3.3b

7D

1.2%

1Y

4.4%

Updated

10 May, 2024

Data

Company Financials

Abu Dhabi National Insurance Company PJSC

ADX:ADNIC Stock Report

Market Cap: د.إ3.3b

ADNIC Stock Overview

Abu Dhabi National Insurance Company PJSC provides various insurance and reinsurance products to individuals and corporates in the United Arab Emirates and internationally.

ADNIC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends4/6

Abu Dhabi National Insurance Company PJSC Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Abu Dhabi National Insurance Company PJSC
Historical stock prices
Current Share Priceد.إ5.87
52 Week Highد.إ6.61
52 Week Lowد.إ5.59
Beta0.0054
1 Month Change-3.29%
3 Month Change-4.09%
1 Year Change4.45%
3 Year Change22.80%
5 Year Change72.65%
Change since IPO6.87%

Recent News & Updates

Recent updates

Abu Dhabi National Insurance Company PJSC (ADX:ADNIC) Is Paying Out A Larger Dividend Than Last Year

Mar 24
Abu Dhabi National Insurance Company PJSC (ADX:ADNIC) Is Paying Out A Larger Dividend Than Last Year

Shareholder Returns

ADNICAE InsuranceAE Market
7D1.2%-0.4%1.1%
1Y4.4%0.9%-4.6%

Return vs Industry: ADNIC exceeded the AE Insurance industry which returned 0.9% over the past year.

Return vs Market: ADNIC exceeded the AE Market which returned -4.6% over the past year.

Price Volatility

Is ADNIC's price volatile compared to industry and market?
ADNIC volatility
ADNIC Average Weekly Movement3.3%
Insurance Industry Average Movement5.8%
Market Average Movement3.7%
10% most volatile stocks in AE Market8.3%
10% least volatile stocks in AE Market2.5%

Stable Share Price: ADNIC has not had significant price volatility in the past 3 months.

Volatility Over Time: ADNIC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1972n/aHaris Mylonasadnic.ae

Abu Dhabi National Insurance Company PJSC provides various insurance and reinsurance products to individuals and corporates in the United Arab Emirates and internationally. It operates through two segments: Underwriting of Commercial Lines of Business and Underwriting of Consumer Line of Business. The company offers various personal insurance products, such as motor, medical, home, travel, personal watercraft, life, personal accident, and wedding insurance products; and corporate insurance products, including aviation, engineering and construction, energy, financial lines, group medical and life, liabilities, marine cargo, marine hull, marine cargo, motor fleet, property, and travel insurance products.

Abu Dhabi National Insurance Company PJSC Fundamentals Summary

How do Abu Dhabi National Insurance Company PJSC's earnings and revenue compare to its market cap?
ADNIC fundamental statistics
Market capد.إ3.35b
Earnings (TTM)د.إ402.43m
Revenue (TTM)د.إ7.65b

8.3x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADNIC income statement (TTM)
Revenueد.إ7.65b
Cost of Revenueد.إ7.02b
Gross Profitد.إ630.95m
Other Expensesد.إ228.52m
Earningsد.إ402.43m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.71
Gross Margin8.25%
Net Profit Margin5.26%
Debt/Equity Ratio1.8%

How did ADNIC perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

54%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.