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AMAN

Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C)DFM:AMAN Stock Report

Market Cap

د.إ234.8m

7D

-2.8%

1Y

-6.3%

Updated

23 Sep, 2021

Data

Company Financials
AMAN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance6/6
Financial Health4/6
Dividends0/6

AMAN Overview

Dubai Islamic Insurance & Reinsurance Co.

Price History & Performance

Summary of all time highs, changes and price drops for Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C)
Historical stock prices
Current Share Priceد.إ1.04
52 Week Highد.إ0.84
52 Week Lowد.إ1.20
Beta0.58
1 Month Change-2.80%
3 Month Change4.84%
1 Year Change-6.31%
3 Year Change73.33%
5 Year Change73.33%
Change since IPO-69.11%

Recent News & Updates

Feb 18
Shareholders Are Thrilled That The Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C) (DFM:AMAN) Share Price Increased 152%

Shareholders Are Thrilled That The Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C) (DFM:AMAN) Share Price Increased 152%

Unfortunately, investing is risky - companies can and do go bankrupt. But if you pick the right business to buy shares...

Shareholder Returns

AMANAE InsuranceAE Market
7D-2.8%0.5%-0.5%
1Y-6.3%0.9%49.8%

Return vs Industry: AMAN underperformed the AE Insurance industry which returned 0.9% over the past year.

Return vs Market: AMAN underperformed the AE Market which returned 49.8% over the past year.

Price Volatility

Is AMAN's price volatile compared to industry and market?
AMAN volatility
AMAN Beta0.58
Industry Beta0.47
Market Beta1

Stable Share Price: AMAN is not significantly more volatile than the rest of AE stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: AMAN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2003n/aJihad Faitrounihttps://www.aman.ae

Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C) engages in the Islamic insurance business in the United Arab Emirates. It offers motor, fire, engineering, liability, marine, medical, cyber, and life insurance products. The company also provides medical billing and vehicle repair services, as well as invests in and manages commercial, industrial, and agricultural enterprises.

Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C) Fundamentals Summary

How do Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C)'s earnings and revenue compare to its market cap?
AMAN fundamental statistics
Market Capد.إ234.78m
Earnings (TTM)د.إ22.98m
Revenue (TTM)د.إ136.83m

10.2x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMAN income statement (TTM)
Revenueد.إ136.83m
Cost of Revenueد.إ86.30m
Gross Profitد.إ50.53m
Expensesد.إ27.54m
Earningsد.إ22.98m

Valuation

Is Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C) undervalued compared to its fair value and its price relative to the market?

10.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AMAN (AED1.04) is trading above our estimate of fair value (AED0.34)

Significantly Below Fair Value: AMAN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AMAN is poor value based on its PE Ratio (10.2x) compared to the AE Insurance industry average (9.7x).

PE vs Market: AMAN is good value based on its PE Ratio (10.2x) compared to the AE market (13.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AMAN is overvalued based on its PB Ratio (2.9x) compared to the AE Insurance industry average (1.1x).


Future Growth

How is Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.6%

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 Dubai Islamic Insurance & Reinsurance (Aman) (P.J.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.


Past Performance

How has Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C) performed over the past 5 years?

46.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMAN has high quality earnings.

Growing Profit Margin: AMAN's current net profit margins (16.8%) are higher than last year (7.9%).


Past Earnings Growth Analysis

Earnings Trend: AMAN has become profitable over the past 5 years, growing earnings by 46.8% per year.

Accelerating Growth: AMAN's earnings growth over the past year (154.8%) exceeds its 5-year average (46.8% per year).

Earnings vs Industry: AMAN earnings growth over the past year (154.8%) exceeded the Insurance industry 15.6%.


Return on Equity

High ROE: AMAN's Return on Equity (29%) is considered high.


Financial Health

How is Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C)'s financial position?


Financial Position Analysis

Short Term Liabilities: AMAN's short term assets (AED1.2B) exceed its short term liabilities (AED413.6M).

Long Term Liabilities: AMAN's short term assets (AED1.2B) exceed its long term liabilities (AED879.1M).


Debt to Equity History and Analysis

Debt Level: AMAN's debt to equity ratio (44.4%) is considered high.

Reducing Debt: AMAN's debt to equity ratio has reduced from 171.8% to 44.4% over the past 5 years.

Debt Coverage: AMAN's debt is well covered by operating cash flow (303.5%).

Interest Coverage: Insufficient data to determine if AMAN's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Dubai Islamic Insurance & Reinsurance (Aman) (P.J.S.C) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AMAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AMAN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMAN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMAN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AMAN is not paying a notable dividend for the AE market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AMAN's dividend in 3 years as they are not forecast to pay a notable one for the AE market.


Next Steps

Management

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

6.2yrs

Average management tenure


CEO

Jihad Faitrouni

7.83yrs

Tenure

Mr. Jihad A. Faitrouni has been the Chief Executive Officer of Dubai Islamic Insurance & Reinsurance Company (Aman) PSC. since November 13,2013. Mr. Faitrouni served as General Manager of Dubai Islamic Ins...


Leadership Team

Experienced Management: AMAN's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: AMAN's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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.


Top Shareholders

Company Information

Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C)'s employee growth, exchange listings and data sources


Key Information

  • Name: Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C)
  • Ticker: AMAN
  • Exchange: DFM
  • Founded: 2003
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: د.إ234.780m
  • Shares outstanding: 225.75m
  • Website: https://www.aman.ae

Location

  • Dubai Islamic Insurance & Reinsurance Co. (Aman) (P.J.S.C)
  • Gulf Towers
  • B1 Mezzanine Floor
  • Dubai
  • United Arab Emirates

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 15:56
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.