Northern Islami Insurance Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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 NORTHRNINS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NORTHRNINS (BDT31.8) is trading above our estimate of fair value (BDT11.8)

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

Key Valuation Metric

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

Key metric: As NORTHRNINS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NORTHRNINS. This is calculated by dividing NORTHRNINS's market cap by their current earnings.
What is NORTHRNINS's PE Ratio?
PE Ratio	12.1x
Earnings	৳112.01m
Market Cap	৳1.36b

NORTHRNINS 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	0.4x
Enterprise Value/EBITDA	1.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NORTHRNINS 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	23.1x
PROVATIINS Provati Insurance	18.1x	n/a	৳1.4b
FEDERALINS Federal Insurance	25.3x	n/a	৳1.4b
ASIAINS Asia Insurance	32.8x	n/a	৳1.5b
STANDARINS Standard Insurance	16.1x	n/a	৳1.5b
NORTHRNINS Northern Islami Insurance	12.1x	n/a	৳1.4b

Price-To-Earnings vs Peers: NORTHRNINS is good value based on its Price-To-Earnings Ratio (12.1x) compared to the peer average (23.1x).

Price to Earnings Ratio vs Industry

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

3 Companies	Price / Earnings	Estimated Growth	Market Cap
NATLIFEINS National Life Insurance	2x	n/a	US$104.90m
DELTALIFE Delta Life Insurance	2.3x	n/a	US$86.52m
SONALILIFE Sonali Life Insurance	0.6x	n/a	US$20.94m

No more companies available in this PE range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: NORTHRNINS is good value based on its Price-To-Earnings Ratio (12.1x) compared to the BD Insurance industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is NORTHRNINS'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.

NORTHRNINS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.1x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NORTHRNINS'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.