Announcement • Jul 13
Crystal Insurance PLC to Report Q2, 2026 Results on Jul 21, 2026 Crystal Insurance PLC announced that they will report Q2, 2026 results on Jul 21, 2026 Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 8 highly experienced directors. 2 independent directors (9 non-independent directors). Independent Director Md. Abdul Miah was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Apr 27
Crystal Insurance PLC to Report Q1, 2026 Results on Apr 28, 2026 Crystal Insurance PLC announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Feb 18
Crystal Insurance PLC announces Annual dividend, payable on April 29, 2026 Crystal Insurance PLC announced Annual dividend of BDT 1.2000 per share payable on April 29, 2026, ex-date on March 09, 2026 and record date on March 10, 2026. Announcement • Feb 17
Crystal Insurance PLC, Annual General Meeting, Mar 30, 2026 Crystal Insurance PLC, Annual General Meeting, Mar 30, 2026, at 11:00 Central Asia Standard Time. Announcement • Feb 10
Crystal Insurance PLC to Report Fiscal Year 2025 Results on Feb 16, 2026 Crystal Insurance PLC announced that they will report fiscal year 2025 results on Feb 16, 2026 Announcement • Oct 22
Crystal Insurance PLC to Report Q3, 2025 Results on Oct 29, 2025 Crystal Insurance PLC announced that they will report Q3, 2025 results on Oct 29, 2025 Announcement • Jul 21
Crystal Insurance Company Limited to Report Q2, 2025 Results on Jul 27, 2025 Crystal Insurance Company Limited announced that they will report Q2, 2025 results on Jul 27, 2025 Announcement • Apr 21
Crystal Insurance Company Limited to Report Q1, 2025 Results on Apr 29, 2025 Crystal Insurance Company Limited announced that they will report Q1, 2025 results on Apr 29, 2025 Announcement • Feb 10
Crystal Insurance Company Limited, Annual General Meeting, Mar 23, 2025 Crystal Insurance Company Limited, Annual General Meeting, Mar 23, 2025, at 11:30 Central Asia Standard Time. Announcement • Feb 03
Crystal Insurance Company Limited to Report Q2, 2025 Results on Feb 09, 2025 Crystal Insurance Company Limited announced that they will report Q2, 2025 results on Feb 09, 2025 Valuation Update With 7 Day Price Move • Oct 29
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ৳37.30, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 13x in the Insurance industry in Bangladesh. Total loss to shareholders of 23% over the past three years. Announcement • Oct 25
Crystal Insurance Company Limited to Report Q3, 2024 Results on Oct 30, 2024 Crystal Insurance Company Limited announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳50.10, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 17x in the Insurance industry in Bangladesh. Total returns to shareholders of 8.6% over the past three years. New Risk • Sep 25
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 134% Dividend yield: 1.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (134% cash payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (৳2.35b market cap, or US$19.6m). Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ৳53.40, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 18x in the Insurance industry in Bangladesh. Total returns to shareholders of 1.2% over the past three years. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳72.00, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 21x in the Insurance industry in Bangladesh. Total returns to shareholders of 36% over the past three years. New Risk • Sep 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (৳3.12b market cap, or US$26.1m). Reported Earnings • Jul 30
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ৳67.2m (down 53% from 2Q 2023). Net income: ৳50.2m (up 43% from 2Q 2023). Profit margin: 75% (up from 25% in 2Q 2023). The increase in margin was driven by lower expenses. Announcement • Jul 25
Crystal Insurance Company Limited to Report Q2, 2024 Results on Jul 28, 2024 Crystal Insurance Company Limited announced that they will report Q2, 2024 results on Jul 28, 2024 Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳95.10, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 18x in the Insurance industry in Bangladesh. Total returns to shareholders of 66% over the past three years. New Risk • May 09
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ৳560m (US$4.8m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (৳560m revenue, or US$4.8m). Market cap is less than US$100m (৳4.12b market cap, or US$35.2m). Announcement • Apr 24
Crystal Insurance Company Limited to Report Q1, 2024 Results on Apr 28, 2024 Crystal Insurance Company Limited announced that they will report Q1, 2024 results on Apr 28, 2024 Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ৳101, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total returns to shareholders of 202% over the past three years. Upcoming Dividend • Mar 06
Upcoming dividend of ৳0.70 per share Eligible shareholders must have bought the stock before 13 March 2024. Payment date: 30 April 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Bangladeshi dividend payers (3.6%). Lower than average of industry peers (2.6%). Announcement • Feb 13
Crystal Insurance Company Limited to Report Fiscal Year 2023 Results on Feb 18, 2024 Crystal Insurance Company Limited announced that they will report fiscal year 2023 results on Feb 18, 2024 Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳112, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total returns to shareholders of 185% over the past three years. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ৳93.60, the stock trades at a trailing P/E ratio of 30.9x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total returns to shareholders of 111% over the past three years. Reported Earnings • Nov 24
Third quarter 2023 earnings released: EPS: ৳0.52 (vs ৳0.71 in 3Q 2022) Third quarter 2023 results: EPS: ৳0.52 (down from ৳0.71 in 3Q 2022). Revenue: ৳36.0m (down 31% from 3Q 2022). Net income: ৳20.7m (down 27% from 3Q 2022). Profit margin: 57% (up from 54% in 3Q 2022). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ৳89.60, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 23x in the Insurance industry in Bangladesh. Total returns to shareholders of 124% over the past year. Announcement • Oct 17
Crystal Insurance Company Limited to Report Q3, 2023 Results on Oct 22, 2023 Crystal Insurance Company Limited announced that they will report Q3, 2023 results on Oct 22, 2023 Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳72.50, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 23x in the Insurance industry in Bangladesh. Total returns to shareholders of 81% over the past year. Reported Earnings • Aug 02
Second quarter 2023 earnings released: EPS: ৳0.93 (vs ৳0.61 in 2Q 2022) Second quarter 2023 results: EPS: ৳0.93 (up from ৳0.61 in 2Q 2022). Net income: ৳37.1m (up 53% from 2Q 2022). Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ৳53.60, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total returns to shareholders of 53% over the past year. Announcement • Jul 12
Crystal Insurance Company Limited to Report Q2, 2023 Results on Jul 18, 2023 Crystal Insurance Company Limited announced that they will report Q2, 2023 results on Jul 18, 2023 New Risk • Jun 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 21% Last year net profit margin: 60% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change). Profit margins are more than 30% lower than last year (21% net profit margin). Market cap is less than US$100m (৳1.83b market cap, or US$16.9m). Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ৳45.50, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 21x in the Insurance industry in Bangladesh. Total returns to shareholders of 5.9% over the past year. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳45.50, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 17x in the Insurance industry in Bangladesh. Total returns to shareholders of 30% over the past year. Upcoming Dividend • May 08
Upcoming dividend of ৳1.00 per share at 2.6% yield Eligible shareholders must have bought the stock before 15 May 2023. Payment date: 18 July 2023. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Bangladeshi dividend payers (3.7%). In line with average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improved over the past week After last week's 20% share price gain to ৳46.20, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 16x in the Insurance industry in Bangladesh. Total loss to shareholders of 15% over the past year. Buying Opportunity • Oct 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.1%. The fair value is estimated to be ৳46.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last year. Earnings per share has grown by 11%. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 17% share price gain to ৳43.90, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 17x in the Insurance industry in Bangladesh. Total loss to shareholders of 28% over the past year. Buying Opportunity • Aug 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.8%. The fair value is estimated to be ৳45.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last year. Earnings per share has declined by 4.4%. Buying Opportunity • Jul 13
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.2%. The fair value is estimated to be ৳45.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last year. Earnings per share has declined by 4.4%. Reported Earnings • Jun 30
First quarter 2022 earnings released: EPS: ৳0.69 (vs ৳0.66 in 1Q 2021) First quarter 2022 results: EPS: ৳0.69 (up from ৳0.66 in 1Q 2021). Revenue: ৳45.0m (up 11% from 1Q 2021). Net income: ৳27.8m (up 5.2% from 1Q 2021). Profit margin: 62% (down from 65% in 1Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improved over the past week After last week's 16% share price gain to ৳44.10, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total loss to shareholders of 29% over the past year. Upcoming Dividend • May 18
Upcoming dividend of ৳1.00 per share Eligible shareholders must have bought the stock before 25 May 2022. Payment date: 14 July 2022. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Bangladeshi dividend payers (3.6%). In line with average of industry peers (2.5%). Reported Earnings • Mar 08
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: ৳0.90 (down from ৳1.22 in 3Q 2020). Revenue: ৳48.5m (up 25% from 3Q 2020). Net income: ৳36.1m (up 23% from 3Q 2020). Profit margin: 74% (down from 76% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment improved over the past week After last week's 18% share price gain to ৳66.50, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 28x in the Insurance industry in Bangladesh. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ৳60.40, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 28x in the Insurance industry in Bangladesh. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 18% share price gain to ৳66.50, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 34x in the Insurance industry in Bangladesh. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improved over the past week After last week's 16% share price gain to ৳57.90, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 28x in the Insurance industry in Bangladesh. Announcement • Apr 28
Crystal Insurance Company Limited Recommends Cash Dividend for the Year Ended on December 31, 2020 Crystal Insurance Company Limited announced that its board of directors recommended 10% cash dividend for the year ended on December 31, 2020. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 17% share price gain to ৳38.00, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 24x in the Insurance industry in Bangladesh. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ৳32.40, the stock is trading at a trailing P/E ratio of 7x, down from the previous P/E ratio of 8.2x. This compares to an average P/E of 23x in the Insurance industry in Bangladesh. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ৳45.10, the stock is trading at a trailing P/E ratio of 9.7x, down from the previous P/E ratio of 11.6x. This compares to an average P/E of 24x in the Insurance industry in Bangladesh.