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Abu Dhabi National Insurance Company PJSC ADX:ADNIC Stock Report

Last Price

د.إ6.10

Market Cap

د.إ3.5b

7D

0%

1Y

4.5%

Updated

17 Dec, 2024

Data

Company Financials

Abu Dhabi National Insurance Company PJSC

ADX:ADNIC Stock Report

Market Cap: د.إ3.5b

ADNIC Stock Overview

Provides various insurance and reinsurance products to individuals and corporates in the United Arab Emirates and internationally. More details

ADNIC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Abu Dhabi National Insurance Company PJSC Competitors

Price History & Performance

Summary of share price highs, lows and changes for Abu Dhabi National Insurance Company PJSC
Historical stock prices
Current Share Priceد.إ6.10
52 Week Highد.إ6.61
52 Week Lowد.إ5.30
Beta0.015
1 Month Change-0.81%
3 Month Change2.01%
1 Year Change4.45%
3 Year Change-7.72%
5 Year Change117.86%
Change since IPO11.06%

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
7D0%0.6%0.9%
1Y4.5%3.3%1.8%

Return vs Industry: ADNIC exceeded the AE Insurance industry which returned 3.3% over the past year.

Return vs Market: ADNIC exceeded the AE Market which returned 1.8% over the past year.

Price Volatility

Is ADNIC's price volatile compared to industry and market?
ADNIC volatility
ADNIC Average Weekly Movement1.3%
Insurance Industry Average Movement4.0%
Market Average Movement4.1%
10% most volatile stocks in AE Market8.8%
10% least volatile stocks in AE Market2.1%

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

Volatility Over Time: ADNIC's weekly volatility (1%) 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.إ3.48b
Earnings (TTM)د.إ404.46m
Revenue (TTM)د.إ11.71b

8.6x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ADNIC income statement (TTM)
Revenueد.إ11.71b
Cost of Revenueد.إ11.02b
Gross Profitد.إ690.83m
Other Expensesد.إ286.37m
Earningsد.إ404.46m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.71
Gross Margin5.90%
Net Profit Margin3.45%
Debt/Equity Ratio0%

How did ADNIC perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

63%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 21:14
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Abu Dhabi National Insurance Company PJSC is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Rajae AadelEFG-Hermes Research