Al Wathba National Insurance Company PJSC

ADX:AWNIC Stock Report

Market Cap: د.إ896.3m

Al Wathba National Insurance Company PJSC Past Earnings Performance

Past criteria checks 4/6

Al Wathba National Insurance Company PJSC has been growing earnings at an average annual rate of 31.3%, while the Insurance industry saw earnings declining at 1.8% annually. Revenues have been growing at an average rate of 13.5% per year. Al Wathba National Insurance Company PJSC's return on equity is 6.2%, and it has net margins of 15.4%.

Key information

31.3%

Earnings growth rate

31.3%

EPS growth rate

Insurance Industry Growth3.0%
Revenue growth rate13.5%
Return on equity6.2%
Net Margin15.4%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Revenues Tell The Story For Al Wathba National Insurance Company PJSC (ADX:AWNIC) As Its Stock Soars 31%

Jan 20
Revenues Tell The Story For Al Wathba National Insurance Company PJSC (ADX:AWNIC) As Its Stock Soars 31%

Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 29
Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Shareholders Will Receive A Bigger Dividend Than Last Year

Al Wathba National Insurance Company PJSC (ADX:AWNIC) Is Increasing Its Dividend To د.إ0.20

Apr 15
Al Wathba National Insurance Company PJSC (ADX:AWNIC) Is Increasing Its Dividend To د.إ0.20

Al Wathba National Insurance Company PJSC (ADX:AWNIC) Will Pay A Larger Dividend Than Last Year At د.إ0.20

Apr 01
Al Wathba National Insurance Company PJSC (ADX:AWNIC) Will Pay A Larger Dividend Than Last Year At د.إ0.20

Pinning Down Al Wathba National Insurance Company PJSC's (ADX:AWNIC) P/E Is Difficult Right Now

May 28
Pinning Down Al Wathba National Insurance Company PJSC's (ADX:AWNIC) P/E Is Difficult Right Now

Should You Buy Al Wathba National Insurance Company PJSC (ADX:AWNIC) For Its 2.3% Dividend?

Mar 09
Should You Buy Al Wathba National Insurance Company PJSC (ADX:AWNIC) For Its 2.3% Dividend?

If You Had Bought Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Shares Three Years Ago You Would Be Down 27%

Jan 17
If You Had Bought Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Shares Three Years Ago You Would Be Down 27%

What Type Of Shareholders Make Up Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Share Registry?

Nov 24
What Type Of Shareholders Make Up Al Wathba National Insurance Company PJSC's (ADX:AWNIC) Share Registry?

Revenue & Expenses Breakdown

How Al Wathba National Insurance Company PJSC makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ADX:AWNIC Revenue, expenses and earnings (AED Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 244276650
31 Mar 2437310450
31 Dec 2339717750
30 Sep 23381168440
30 Jun 233791930
31 Mar 233583730
31 Dec 223033130
30 Sep 2228425170
30 Jun 2235288270
31 Mar 22415149360
31 Dec 21434164460
30 Sep 21456195430
30 Jun 21457201470
31 Mar 21394142530
31 Dec 2025715550
30 Sep 20196-35500
30 Jun 20138-84490
31 Mar 20132-81450
31 Dec 192286440
30 Sep 19222-2440
30 Jun 192181430
31 Mar 1923631370
31 Dec 1823744410
30 Sep 1824096430
30 Jun 1822482400
31 Mar 1822587420
31 Dec 1721175390
30 Sep 1723961420
30 Jun 1723443410
31 Mar 1724837450
31 Dec 1627756440
30 Sep 1625144380
30 Jun 1624629400
31 Mar 1626846400
31 Dec 1525318410
30 Sep 15213-28430
30 Jun 1526326420
31 Mar 1530061420
31 Dec 14366129390
30 Sep 14445221400
30 Jun 14492259390
31 Mar 14453212380
31 Dec 13414149390

Quality Earnings: AWNIC has a large one-off gain of AED58.7M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: AWNIC's current net profit margins (15.4%) are higher than last year (5.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: AWNIC's earnings have grown significantly by 31.3% per year over the past 5 years.

Accelerating Growth: AWNIC's earnings growth over the past year (242.8%) exceeds its 5-year average (31.3% per year).

Earnings vs Industry: AWNIC earnings growth over the past year (242.8%) exceeded the Insurance industry 12.9%.


Return on Equity

High ROE: AWNIC's Return on Equity (6.2%) is considered low.


Return on Assets


Return on Capital Employed


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