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PARAMOUNT logo

Paramount Insurance DSE:PARAMOUNT Stock Report

Last Price

৳40.50

Market Cap

৳1.6b

7D

1.0%

1Y

-28.7%

Updated

28 Dec, 2024

Data

Company Financials

Paramount Insurance PLC.

DSE:PARAMOUNT Stock Report

Market Cap: ৳1.6b

PARAMOUNT Stock Overview

Provides non-life insurance products and services in Bangladesh. More details

PARAMOUNT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends2/6

Rewards

Price-To-Earnings ratio (16.3x) is below the BD market (17.6x)

Earnings grew by 105.1% over the past year

Risk Analysis

Earnings have declined by 2.1% per year over past 5 years

Highly volatile share price over the past 3 months compared to the BD market

Does not have meaningful revenue (BDT455M)

Dividend of 2.47% is not well covered by free cash flows

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Paramount Insurance PLC. Competitors

Rupali Insurance

DSE:RUPALIINS

৳1.7b

Bangladesh National Insurance

DSE:BNICL

৳1.9b

Takaful Islami Insurance

DSE:TAKAFULINS

৳1.5b

Islami Insurance Bangladesh

DSE:ISLAMIINS

৳1.7b

Price History & Performance

Summary of share price highs, lows and changes for Paramount Insurance
Historical stock prices
Current Share Price৳40.50
52 Week High৳69.50
52 Week Low৳28.40
Beta0.45
1 Month Change-5.81%
3 Month Change6.58%
1 Year Change-28.70%
3 Year Change-44.75%
5 Year Change19.74%
Change since IPO838.42%

Recent News & Updates

Recent updates

Shareholder Returns

PARAMOUNTBD InsuranceBD Market
7D1.0%-1.0%-0.7%
1Y-28.7%-28.3%-21.6%

Return vs Industry: PARAMOUNT matched the BD Insurance industry which returned -28.3% over the past year.

Return vs Market: PARAMOUNT underperformed the BD Market which returned -21.6% over the past year.

Price Volatility

Is PARAMOUNT's price volatile compared to industry and market?
PARAMOUNT volatility
PARAMOUNT Average Weekly Movement8.8%
Insurance Industry Average Movement6.7%
Market Average Movement6.4%
10% most volatile stocks in BD Market8.8%
10% least volatile stocks in BD Market3.5%

Stable Share Price: PARAMOUNT's share price has been volatile over the past 3 months compared to the BD market.

Volatility Over Time: PARAMOUNT's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of BD stocks.

About the Company

FoundedEmployeesCEOWebsite
1999183Md. Yahyawww.paramountinsurancebd.com

Paramount Insurance PLC. provides non-life insurance products and services in Bangladesh. The company offers marine hull and cargo, fire and allied, and motor insurance products; and engineering insurance, such as machinery breakdown, deterioration of stock, boiler and pressure vessel, and power plant operational package insurance.

Paramount Insurance PLC. Fundamentals Summary

How do Paramount Insurance's earnings and revenue compare to its market cap?
PARAMOUNT fundamental statistics
Market cap৳1.65b
Earnings (TTM)৳100.86m
Revenue (TTM)৳455.23m

16.3x

P/E Ratio

3.6x

P/S Ratio

Is PARAMOUNT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PARAMOUNT income statement (TTM)
Revenue৳455.23m
Cost of Revenue৳166.87m
Gross Profit৳288.36m
Other Expenses৳187.50m
Earnings৳100.86m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.48
Gross Margin63.34%
Net Profit Margin22.16%
Debt/Equity Ratio0%

How did PARAMOUNT perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

40%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 03:42
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Paramount 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.

AnalystInstitution