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NATL

National Life InsuranceDSE:NATLIFEINS Stock Report

Market Cap

৳25.4b

7D

-1.9%

1Y

0.7%

Updated

27 Sep, 2021

Data

Company Financials
NATLIFEINS fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends2/6

NATLIFEINS Overview

National Life Insurance Company Limited provides various life insurance products and services.

Price History & Performance

Summary of all time highs, changes and price drops for National Life Insurance
Historical stock prices
Current Share Price৳234.40
52 Week High৳215.70
52 Week Low৳280.00
Beta0.012
1 Month Change0.47%
3 Month Change-2.42%
1 Year Change0.69%
3 Year Change11.62%
5 Year Change84.08%
Change since IPO39,155.68%

Recent News & Updates

Shareholder Returns

NATLIFEINSBD InsuranceBD Market
7D-1.9%-0.7%0.5%
1Y0.7%58.1%41.2%

Return vs Industry: NATLIFEINS underperformed the BD Insurance industry which returned 58.1% over the past year.

Return vs Market: NATLIFEINS underperformed the BD Market which returned 41.2% over the past year.

Price Volatility

Is NATLIFEINS's price volatile compared to industry and market?
NATLIFEINS volatility
NATLIFEINS Beta0.012
Industry Beta0.78
Market Beta1

Stable Share Price: NATLIFEINS is less volatile than 75% of BD stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

FoundedEmployeesCEOWebsite
19854,193- Kazimuddinhttps://www.nlibd.com

National Life Insurance Company Limited provides various life insurance products and services. The company offers individual life insurance comprising endowment, anticipated endowment, five payments endowment, double protection endowment, pension, whole life, and single payment insurance products, as well as child protection policy and child education security plan; group life insurance, which includes supplementary cover and group hospitalization plan; and Islamic takaful insurance consisting of Denmohor and Hajj bima, as well as one three, and four payment endowment insurance. It also provides Janabima life insurance plan; and national pension deposit insurance.

National Life Insurance Fundamentals Summary

How do National Life Insurance's earnings and revenue compare to its market cap?
NATLIFEINS fundamental statistics
Market Cap৳25.44b
Earnings (TTM)৳4.43b
Revenue (TTM)৳16.97b

5.7x

P/E Ratio

1.5x

P/S Ratio

Is NATLIFEINS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
NATLIFEINS income statement (TTM)
Revenue৳16.97b
Cost of Revenue৳10.34b
Gross Profit৳6.62b
Expenses৳2.19b
Earnings৳4.43b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)40.86
Gross Margin39.03%
Net Profit Margin26.14%
Debt/Equity Ratio0.0%

How did NATLIFEINS perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

8%

Payout Ratio

Valuation

Is National Life Insurance undervalued compared to its fair value and its price relative to the market?

32.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NATLIFEINS (BDT235.6) is trading below our estimate of fair value (BDT345.9)

Significantly Below Fair Value: NATLIFEINS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NATLIFEINS is good value based on its PE Ratio (5.8x) compared to the BD Insurance industry average (25.9x).

PE vs Market: NATLIFEINS is good value based on its PE Ratio (5.8x) compared to the BD market (27.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NATLIFEINS is overvalued based on its PB Ratio (17.9x) compared to the BD Insurance industry average (3x).


Future Growth

How is National Life Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.5%

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 National Life Insurance 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 National Life Insurance performed over the past 5 years?

33.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NATLIFEINS has high quality earnings.

Growing Profit Margin: NATLIFEINS's current net profit margins (26.1%) are higher than last year (16.8%).


Past Earnings Growth Analysis

Earnings Trend: NATLIFEINS's earnings have grown significantly by 33.6% per year over the past 5 years.

Accelerating Growth: NATLIFEINS's earnings growth over the past year (97.3%) exceeds its 5-year average (33.6% per year).

Earnings vs Industry: NATLIFEINS earnings growth over the past year (97.3%) exceeded the Insurance industry 34.5%.


Return on Equity

High ROE: NATLIFEINS's Return on Equity (307%) is considered outstanding.


Financial Health

How is National Life Insurance's financial position?


Financial Position Analysis

Short Term Liabilities: NATLIFEINS's short term assets (BDT25.8B) exceed its short term liabilities (BDT1.8B).

Long Term Liabilities: NATLIFEINS's short term assets (BDT25.8B) do not cover its long term liabilities (BDT45.6B).


Debt to Equity History and Analysis

Debt Level: NATLIFEINS is debt free.

Reducing Debt: NATLIFEINS has not had any debt for past 5 years.

Debt Coverage: NATLIFEINS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NATLIFEINS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is National Life Insurance current dividend yield, its reliability and sustainability?

1.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NATLIFEINS's dividend (1.36%) is higher than the bottom 25% of dividend payers in the BD market (0.83%).

High Dividend: NATLIFEINS's dividend (1.36%) is low compared to the top 25% of dividend payers in the BD market (2.44%).


Stability and Growth of Payments

Stable Dividend: NATLIFEINS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: NATLIFEINS's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (7.8%), NATLIFEINS's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

- Kazimuddin

1.17yrs

Tenure

Mr. Kazimuddin serves as Chief Executive Officer at National Life Insurance Company Limited since 2021 and servced as its Acting Chief Executive Officer since July 2020 until 2021 and was Deputy Managing D...


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

National Life Insurance Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: National Life Insurance Company Limited
  • Ticker: NATLIFEINS
  • Exchange: DSE
  • Founded: 1985
  • Industry: Life and Health Insurance
  • Sector: Insurance
  • Market Cap: ৳25.438b
  • Shares outstanding: 108.52m
  • Website: https://www.nlibd.com

Number of Employees


Location

  • National Life Insurance Company Limited
  • NLI Tower
  • 54 Kazi Nazrul Islam Avenue
  • Dhaka
  • 1215
  • Bangladesh

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 15:39
End of Day Share Price2021/09/27 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.