Ras Al Khaimah National Insurance Company P.S.C.

ADX:RAKNIC Stock Report

Market Cap: د.إ400.2m

Ras Al Khaimah National Insurance Company P.S.C Past Earnings Performance

Past criteria checks 2/6

Ras Al Khaimah National Insurance Company P.S.C's earnings have been declining at an average annual rate of -9.5%, while the Insurance industry saw earnings declining at 3% annually. Revenues have been declining at an average rate of 8% per year. Ras Al Khaimah National Insurance Company P.S.C's return on equity is 11.4%, and it has net margins of 6.8%.

Key information

-9.5%

Earnings growth rate

-9.5%

EPS growth rate

Insurance Industry Growth3.0%
Revenue growth rate-8.0%
Return on equity11.4%
Net Margin6.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Ras Al Khaimah National Insurance Company P.S.C.'s (ADX:RAKNIC) Share Price Not Quite Adding Up

Jun 03
Ras Al Khaimah National Insurance Company P.S.C.'s (ADX:RAKNIC) Share Price Not Quite Adding Up

Ras Al Khaimah National Insurance Company P.S.C.'s (ADX:RAKNIC) Business Is Yet to Catch Up With Its Share Price

Feb 24
Ras Al Khaimah National Insurance Company P.S.C.'s (ADX:RAKNIC) Business Is Yet to Catch Up With Its Share Price

Ras Al Khaimah National Insurance Company P.S.C (ADX:RAKNIC) Has Re-Affirmed Its Dividend Of د.إ0.08

Mar 26
Ras Al Khaimah National Insurance Company P.S.C (ADX:RAKNIC) Has Re-Affirmed Its Dividend Of د.إ0.08

Is Ras Al Khaimah National Insurance Company P.S.C. (ADX:RAKNIC) An Attractive Dividend Stock?

Mar 02
Is Ras Al Khaimah National Insurance Company P.S.C. (ADX:RAKNIC) An Attractive Dividend Stock?

Ras Al Khaimah National Insurance Company P.S.C (ADX:RAKNIC) Shareholders Have Enjoyed A 66% Share Price Gain

Jan 21
Ras Al Khaimah National Insurance Company P.S.C (ADX:RAKNIC) Shareholders Have Enjoyed A 66% Share Price Gain

Does Ras Al Khaimah National Insurance Company P.S.C.'s (ADX:RAKNIC) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Dec 16
Does Ras Al Khaimah National Insurance Company P.S.C.'s (ADX:RAKNIC) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Revenue & Expenses Breakdown

How Ras Al Khaimah National Insurance Company P.S.C makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ADX:RAKNIC Revenue, expenses and earnings (AED Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242942000
30 Jun 242931600
31 Mar 242912200
31 Dec 232901500
30 Sep 23293-200
30 Jun 23288-1800
31 Mar 23284-3600
31 Dec 22292-3500
30 Sep 22289-30160
30 Jun 22295-14290
31 Mar 222994420
31 Dec 2130610550
30 Sep 2132814690
30 Jun 2135016690
31 Mar 2136916680
31 Dec 2039313680
30 Sep 2041214490
30 Jun 204145500
31 Mar 204133480
31 Dec 193824470
30 Sep 193518410
30 Jun 1933517410
31 Mar 1931917420
31 Dec 1831519380
30 Sep 1830121530
30 Jun 1828023500
31 Mar 1828427530
31 Dec 1730228550
30 Sep 1732933530
30 Jun 1736532540
31 Mar 1735921520
31 Dec 1634623530
30 Sep 163260540
30 Jun 162877540
31 Mar 1629315520
31 Dec 1527223480
30 Sep 1524729500
30 Jun 1523732500
31 Mar 1519818500
31 Dec 1418718450
30 Sep 1416122310
30 Jun 1414813270
31 Mar 1416032240
31 Dec 1315933260

Quality Earnings: RAKNIC has high quality earnings.

Growing Profit Margin: RAKNIC became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RAKNIC's earnings have declined by 9.5% per year over the past 5 years.

Accelerating Growth: RAKNIC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RAKNIC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (2.1%).

Return on Equity

High ROE: RAKNIC's Return on Equity (11.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 08:46
End of Day Share Price 2024/12/30 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

Ras Al Khaimah National Insurance Company P.S.C. is covered by 0 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