Mercantile Islami Insurance Valuation

Q: What is the Fair Price of MERCINS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MERCINS (BDT23.3) is trading above our estimate of [[fair value]] (BDT15.34)

Is MERCINS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MERCINS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MERCINS (BDT23.3) is trading above our estimate of fair value (BDT15.34)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MERCINS?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for MERCINS. This is calculated by dividing MERCINS's market cap by their current preferred multiple.
What is MERCINS's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	৳1.00b

MERCINS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does MERCINS's PE Ratio compare to its peers?

The above table shows the PE ratio for MERCINS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	16.4x
NITOLINS Nitol Insurance	18.8x	n/a	৳956.9m
GLOBALINS Global Insurance	16.3x	n/a	৳900.2m
CONTININS Continental Insurance	16.1x	n/a	৳1.0b
KARNAPHULI Karnaphuli Insurance	14.3x	n/a	৳1.2b
MERCINS Mercantile Islami Insurance	31.2x	n/a	৳1.0b

Price-To-Earnings vs Peers: MERCINS is expensive based on its Price-To-Earnings Ratio (31.2x) compared to the peer average (16.4x).

Price to Earnings Ratio vs Industry

How does MERCINS's PE Ratio compare vs other companies in the BD Insurance Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	4.1%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	4.1%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: MERCINS is expensive based on its Price-To-Earnings Ratio (31.2x) compared to the BD Insurance industry average (16x).

Price to Earnings Ratio vs Fair Ratio

What is MERCINS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MERCINS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	31.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MERCINS's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.