MERCINS Stock Overview
Operates as a non-life insurance company in Bangladesh. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 1/6 |
My Notes
Capture your thoughts, links and company narrative
Mercantile Islami Insurance PLC Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ৳26.00 |
| 52 Week High | ৳38.00 |
| 52 Week Low | ৳19.10 |
| Beta | 0.71 |
| 1 Month Change | 4.00% |
| 3 Month Change | 17.12% |
| 1 Year Change | -26.14% |
| 3 Year Change | -45.61% |
| 5 Year Change | -5.45% |
| Change since IPO | 125.51% |
Recent News & Updates
Recent updates
Shareholder Returns
| MERCINS | BD Insurance | BD Market | |
|---|---|---|---|
| 7D | 1.6% | 2.0% | 0.3% |
| 1Y | -26.1% | -30.3% | -19.8% |
Return vs Industry: MERCINS exceeded the BD Insurance industry which returned -30.3% over the past year.
Return vs Market: MERCINS underperformed the BD Market which returned -19.8% over the past year.
Price Volatility
| MERCINS volatility | |
|---|---|
| MERCINS Average Weekly Movement | 7.4% |
| Insurance Industry Average Movement | 6.1% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in BD Market | 8.2% |
| 10% least volatile stocks in BD Market | 3.2% |
Stable Share Price: MERCINS's share price has been volatile over the past 3 months compared to the BD market.
Volatility Over Time: MERCINS's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of BD stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | n/a | Firoz Ahmed | miiplc.com |
Mercantile Islami Insurance PLC operates as a non-life insurance company in Bangladesh. The company operates through four segments: Fire, Marine, Motor, and Miscellaneous. It offers fire and allied perils, industrial all risks, power plant, property damage all risks, marine cargo, marine hull, private vehicle, commercial vehicle, motor cycle, motor liability, travel, contractors all risk, erection all risk, machinery breakdown, deterioration of stock, boiler and pressure vessel, contractors plant and machinery, electronic equipment, and aviation, as well as health insurance, including overseas mediclaim insurance.
Mercantile Islami Insurance PLC Fundamentals Summary
| MERCINS fundamental statistics | |
|---|---|
| Market cap | ৳1.12b |
| Earnings (TTM) | ৳34.61m |
| Revenue (TTM) | ৳395.94m |
32.4x
P/E Ratio2.8x
P/S RatioIs MERCINS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MERCINS income statement (TTM) | |
|---|---|
| Revenue | ৳395.94m |
| Cost of Revenue | ৳225.00m |
| Gross Profit | ৳170.94m |
| Other Expenses | ৳136.33m |
| Earnings | ৳34.61m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.80 |
| Gross Margin | 43.17% |
| Net Profit Margin | 8.74% |
| Debt/Equity Ratio | 0% |
How did MERCINS perform over the long term?
See historical performance and comparisonDividends
3.8%
Current Dividend Yield125%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 00:10 |
| End of Day Share Price | 2025/01/21 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Mercantile Islami Insurance PLC 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 |
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