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Northern Islami Insurance DSE:NORTHRNINS Stock Report

Last Price

৳42.40

Market Cap

৳1.8b

7D

-0.2%

1Y

6.3%

Updated

23 Apr, 2024

Data

Company Financials

Northern Islami Insurance Limited

DSE:NORTHRNINS Stock Report

Market Cap: ৳1.8b

NORTHRNINS Stock Overview

Northern Islami Insurance Limited provides non-life insurance products in Bangladesh.

NORTHRNINS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Northern Islami Insurance Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Northern Islami Insurance
Historical stock prices
Current Share Price৳42.40
52 Week High৳55.90
52 Week Low৳39.60
Beta0.72
1 Month Change0.95%
3 Month Change-6.19%
1 Year Change6.27%
3 Year Change-1.17%
5 Year Change155.42%
Change since IPO504.43%

Recent News & Updates

Recent updates

Shareholder Returns

NORTHRNINSBD InsuranceBD Market
7D-0.2%-5.2%-3.8%
1Y6.3%-7.9%-17.0%

Return vs Industry: NORTHRNINS exceeded the BD Insurance industry which returned -7.9% over the past year.

Return vs Market: NORTHRNINS exceeded the BD Market which returned -17% over the past year.

Price Volatility

Is NORTHRNINS's price volatile compared to industry and market?
NORTHRNINS volatility
NORTHRNINS Average Weekly Movement4.2%
Insurance Industry Average Movement4.6%
Market Average Movement5.5%
10% most volatile stocks in BD Market9.0%
10% least volatile stocks in BD Market3.4%

Stable Share Price: NORTHRNINS has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
1996411Chowdhury Faruqueniil.com.bd

Northern Islami Insurance Limited provides non-life insurance products in Bangladesh. The company offers fire, industrial all risks, and property damage all risks insurance products; marine cargo and hull insurance products; motor insurance products; and engineering insurance products, including boiler and pressure vessel, machinery breakdown, deterioration of stock, electronic equipment, contractor’s all risks, erection all risks, work plant, oil and gas well drilling equipment package, contractors plan and machinery, and hotel owners all risks insurance products. It also provides miscellaneous insurance products comprising agent banking, bankers’ blanket bond, burglary, cash in safe, cash in transit, cash on counter, cash in premises, commercial general liability, clinical trial, employers’ liability, fidelity guarantee, hole in one insurance/event cover, marine terminal operators liability, personal accident, product and public liability, professional indemnity, and workmen’s compensation products; and motor insurance products.

Northern Islami Insurance Limited Fundamentals Summary

How do Northern Islami Insurance's earnings and revenue compare to its market cap?
NORTHRNINS fundamental statistics
Market cap৳1.83b
Earnings (TTM)৳39.22m
Revenue (TTM)৳573.44m

46.1x

P/E Ratio

3.2x

P/S Ratio

Is NORTHRNINS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NORTHRNINS income statement (TTM)
Revenue৳573.44m
Cost of Revenue৳231.25m
Gross Profit৳342.19m
Other Expenses৳302.98m
Earnings৳39.22m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 28, 2024

Earnings per share (EPS)0.92
Gross Margin59.67%
Net Profit Margin6.84%
Debt/Equity Ratio0%

How did NORTHRNINS perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

109%

Payout Ratio
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