Al Ain Ahlia Insurance Company P.S.C (ADX:ALAIN) - Share price, News & Analysis

ALAIN fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	4/6

ALAIN Stock Overview

Al Ain Ahlia Insurance Company P.S.C. provides general insurance products in the United Arab Emirates.

Rewards

Price-To-Earnings ratio (7.9x) is below the AE market (15.2x)

Earnings grew by 6.2% over the past year

Risk Analysis

Unstable dividend track record

Al Ain Ahlia Insurance Company P.S.C Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Al Ain Ahlia Insurance Company P.S.C
Historical stock prices
Current Share Price	د.إ45.00
52 Week High	د.إ45.00
52 Week Low	د.إ29.20
Beta	-0.13
1 Month Change	11.83%
3 Month Change	11.83%
1 Year Change	44.23%
3 Year Change	35.14%
5 Year Change	-4.26%
Change since IPO	3,968.99%

Shareholder Returns

	ALAIN	AE Insurance	AE Market
7D	11.8%	-0.1%	-2.1%
1Y	44.2%	9.4%	39.9%

Return vs Industry: ALAIN exceeded the AE Insurance industry which returned 9.4% over the past year.

Return vs Market: ALAIN exceeded the AE Market which returned 39.9% over the past year.

Price Volatility

Is ALAIN's price volatile compared to industry and market?
ALAIN volatility
ALAIN Average Weekly Movement	3.4%
Insurance Industry Average Movement	5.1%
Market Average Movement	5.1%
10% most volatile stocks in AE Market	8.6%
10% least volatile stocks in AE Market	2.8%

Stable Share Price: ALAIN is less volatile than 75% of AE stocks over the past 3 months, typically moving +/- 3% a week.

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

About the Company

Founded	Employees	CEO	Website
1975	215	Mohammed Hamadeh	https://www.alaininsurance.com

Al Ain Ahlia Insurance Company P.S.C. provides general insurance products in the United Arab Emirates. It operates through Underwriting of general insurance and Investments segments. The Underwriting of general insurance segment offers fire, marine, motor, medical, general accident, and miscellaneous insurance.

Al Ain Ahlia Insurance Company P.S.C Fundamentals Summary

How do Al Ain Ahlia Insurance Company P.S.C's earnings and revenue compare to its market cap?
ALAIN fundamental statistics
Market Cap	د.إ675.00m
Earnings (TTM)	د.إ85.14m
Revenue (TTM)	د.إ371.89m

7.9x

P/E Ratio

1.8x

P/S Ratio

Is ALAIN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALAIN income statement (TTM)
Revenue	د.إ371.89m
Cost of Revenue	د.إ205.37m
Gross Profit	د.إ166.52m
Other Expenses	د.إ81.38m
Earnings	د.إ85.14m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	5.68
Gross Margin	44.78%
Net Profit Margin	22.89%
Debt/Equity Ratio	0.0%

How did ALAIN perform over the long term?

See historical performance and comparison

Dividends

6.7%

Current Dividend Yield

53%

Payout Ratio

We’ve recently updated our valuation analysis.

Valuation

Is ALAIN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ALAIN?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ALAIN. This is calculated by dividing ALAIN's market cap by their current preferred multiple.
What is ALAIN's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	د.إ675.00m

ALAIN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.4x
Enterprise Value/EBITDA	5.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does ALAIN's PE Ratio compare to its peers?

ALAIN PE Ratio vs Peers

The above table shows the PE ratio for ALAIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	51x

Forward PE

Price-To-Earnings vs Peers: ALAIN is good value based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (51x).

Price to Earnings Ratio vs Industry

How does ALAIN's PE Ratio compare vs other companies in the Emirati Insurance Industry?

Price-To-Earnings vs Industry: ALAIN is good value based on its Price-To-Earnings Ratio (7.9x) compared to the AE Insurance industry average (13.1x)

Price to Earnings Ratio vs Fair Ratio

What is ALAIN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ALAIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ALAIN's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of ALAIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ALAIN's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ALAIN's fair value for valuation analysis.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ALAIN's PEG Ratio to determine if it is good value.

Discover undervalued companies

Future Growth

How is Al Ain Ahlia Insurance Company P.S.C forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

12.8%

Forecasted Insurance industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Al Ain Ahlia Insurance Company P.S.C has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Discover growth companies

Check out Al Ain Ahlia Insurance Company P.S.C's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.

Past Performance

How has Al Ain Ahlia Insurance Company P.S.C performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

14.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ALAIN has high quality earnings.

Growing Profit Margin: ALAIN's current net profit margins (22.9%) are higher than last year (21.2%).

Past Earnings Growth Analysis

Earnings Trend: ALAIN's earnings have grown by 14.5% per year over the past 5 years.

Accelerating Growth: ALAIN's earnings growth over the past year (6.2%) is below its 5-year average (14.5% per year).

Earnings vs Industry: ALAIN earnings growth over the past year (6.2%) exceeded the Insurance industry -24.3%.

Return on Equity

High ROE: ALAIN's Return on Equity (6.3%) is considered low.

Discover strong past performing companies

Financial Health

How is Al Ain Ahlia Insurance Company P.S.C's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: ALAIN's short term assets (AED1.8B) exceed its short term liabilities (AED1.8B).

Long Term Liabilities: ALAIN's short term assets (AED1.8B) exceed its long term liabilities (AED11.5M).

Debt to Equity History and Analysis

Debt Level: ALAIN is debt free.

Reducing Debt: ALAIN has not had any debt for past 5 years.

Debt Coverage: ALAIN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ALAIN has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Discover healthy companies

Dividend

What is Al Ain Ahlia Insurance Company P.S.C current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

6.67%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ALAIN's dividend (6.67%) is higher than the bottom 25% of dividend payers in the AE market (3.35%).

High Dividend: ALAIN's dividend (6.67%) is in the top 25% of dividend payers in the AE market (5.67%)

Stability and Growth of Payments

Stable Dividend: ALAIN's dividend payments have been volatile in the past 10 years.

Growing Dividend: ALAIN's dividend payments have not increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.9%), ALAIN's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (43.4%), ALAIN's dividend payments are well covered by cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average board tenure

CEO

Mohammed Hamadeh

no data

Tenure

Mr. Mohammed Mazhar Hamadeh serves as the General Manager and General Director of Al Ain Ahlia Insurance Company P.S.C. and served as its Director.

Board Members

Experienced Board: ALAIN's board of directors are considered experienced (4.4 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/06/25 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31