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Abu Dhabi National Insurance Company PJSC ADX:ADNIC Stock Report

Last Price

د.إ5.87

Market Cap

د.إ3.3b

7D

-1.3%

1Y

-1.3%

Updated

21 Aug, 2024

Data

Company Financials

Abu Dhabi National Insurance Company PJSC

ADX:ADNIC Stock Report

Market Cap: د.إ3.3b

ADNIC Stock Overview

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

ADNIC fundamental analysis
Snowflake Score
Valuation1/6
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.إ5.30
Beta0.020
11 Month Change-5.02%
3 Month Change1.56%
1 Year Change-1.34%
33 Year Change5.58%
5 Year Change113.45%
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
7D-1.3%-0.2%1.1%
1Y-1.3%-6.9%-6.8%

Return vs Industry: ADNIC exceeded the AE Insurance industry which returned -6.9% over the past year.

Return vs Market: ADNIC exceeded the AE Market which returned -6.8% over the past year.

Price Volatility

Is ADNIC's price volatile compared to industry and market?
ADNIC volatility
ADNIC Average Weekly Movement4.3%
Insurance Industry Average Movement3.8%
Market Average Movement4.1%
10% most volatile stocks in AE Market7.7%
10% least volatile stocks in AE Market2.3%

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

Volatility Over Time: ADNIC's weekly volatility (4%) 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.إ401.50m
Revenue (TTM)د.إ9.43b

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.إ9.43b
Cost of Revenueد.إ8.77b
Gross Profitد.إ659.11m
Other Expensesد.إ257.61m
Earningsد.إ401.50m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.70
Gross Margin6.99%
Net Profit Margin4.26%
Debt/Equity Ratio1.5%

How did ADNIC perform over the long term?

See historical performance and comparison

Dividends

7.7%

Current Dividend Yield

64%

Payout Ratio