ALLIANCE Stock Overview

Alliance Insurance P.S.C. provides a range of insurance products and services to individuals, corporations, or government bodies in the United Arab Emirates. More details

ALLIANCE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (7.2x) is below the AE market (14.1x)

Risk Analysis

High level of non-cash earnings

Earnings have declined by 2.7% per year over past 5 years

Shares are highly illiquid

Dividend of 7.69% is not well covered by cash flows

My Notes

Capture your thoughts, links and company narrative

Alliance Insurance P.S.C. Competitors

Ras Al Khaimah National Insurance Company P.S.C

ADX:RAKNIC

د.إ400.2m

Dubai National Insurance & Reinsurance (P.S.C.)

DFM:DNIR

د.إ499.0m

Union Insurance Company P.J.S.C

ADX:UNION

د.إ201.9m

National General Insurance (P.J.S.C.)

DFM:NGI

د.إ742.3m

Price History & Performance

Summary of share price highs, lows and changes for Alliance Insurance P.S.C
Historical stock prices
Current Share Price	د.إ390.00
52 Week High	د.إ390.00
52 Week Low	د.إ390.00
Beta	0
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-18.65%

Recent updates

Shareholder Returns

	ALLIANCE	AE Insurance	AE Market
7D	0%	0.2%	1.2%
1Y	n/a	2.9%	2.7%

Return vs Industry: Insufficient data to determine how ALLIANCE performed against the AE Insurance industry.

Return vs Market: Insufficient data to determine how ALLIANCE performed against the AE Market.

Price Volatility

Is ALLIANCE's price volatile compared to industry and market?
ALLIANCE volatility
ALLIANCE Average Weekly Movement	n/a
Insurance Industry Average Movement	3.9%
Market Average Movement	4.0%
10% most volatile stocks in AE Market	8.8%
10% least volatile stocks in AE Market	2.1%

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

Volatility Over Time: Insufficient data to determine ALLIANCE's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1975	n/a	Aimen Azara	www.alliance-uae.com

Alliance Insurance P.S.C. provides a range of insurance products and services to individuals, corporations, or government bodies in the United Arab Emirates. The company operates in two segments, Property and Liability Insurance, and Insurance of Persons and Fund Accumulation Operations. It offers property, motor, aviation, marine risk, individual life, group life, personal accident, medical, and investment linked products.

Alliance Insurance P.S.C. Fundamentals Summary

How do Alliance Insurance P.S.C's earnings and revenue compare to its market cap?
ALLIANCE fundamental statistics
Market cap	د.إ390.00m
Earnings (TTM)	د.إ53.89m
Revenue (TTM)	د.إ216.70m

7.2x

P/E Ratio

1.8x

P/S Ratio

Is ALLIANCE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ALLIANCE income statement (TTM)
Revenue	د.إ216.70m
Cost of Revenue	د.إ175.09m
Gross Profit	د.إ41.60m
Other Expenses	-د.إ12.29m
Earnings	د.إ53.89m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	53.89
Gross Margin	19.20%
Net Profit Margin	24.87%
Debt/Equity Ratio	0%

How did ALLIANCE perform over the long term?

See historical performance and comparison

Dividends

7.7%

Current Dividend Yield

56%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/04/22 03:25
End of Day Share Price	2024/01/25 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Alliance Insurance 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.

Analyst	Institution

Alliance Insurance P.S.C DFM:ALLIANCE Stock Report