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PRIMEINSUR logo

Prime Insurance DSE:PRIMEINSUR Stock Report

Last Price

৳35.80

Market Cap

৳1.5b

7D

0%

1Y

-56.8%

Updated

21 Dec, 2024

Data

Company Financials

Prime Insurance Company Limited

DSE:PRIMEINSUR Stock Report

Market Cap: ৳1.5b

PRIMEINSUR Stock Overview

Provides various non-life insurance products in Bangladesh. More details

PRIMEINSUR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Prime Insurance Company Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Prime Insurance
Historical stock prices
Current Share Price৳35.80
52 Week High৳74.60
52 Week Low৳31.20
Beta0.42
1 Month Change-4.28%
3 Month Change-4.79%
1 Year Change-56.76%
3 Year Change-49.00%
5 Year Change34.08%
Change since IPO571.36%

Recent News & Updates

Recent updates

Shareholder Returns

PRIMEINSURBD InsuranceBD Market
7D0%0.9%2.1%
1Y-56.8%-26.8%-21.0%

Return vs Industry: PRIMEINSUR underperformed the BD Insurance industry which returned -26.8% over the past year.

Return vs Market: PRIMEINSUR underperformed the BD Market which returned -21% over the past year.

Price Volatility

Is PRIMEINSUR's price volatile compared to industry and market?
PRIMEINSUR volatility
PRIMEINSUR Average Weekly Movement6.5%
Insurance Industry Average Movement6.8%
Market Average Movement6.6%
10% most volatile stocks in BD Market9.0%
10% least volatile stocks in BD Market3.5%

Stable Share Price: PRIMEINSUR has not had significant price volatility in the past 3 months compared to the BD market.

Volatility Over Time: PRIMEINSUR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996948Md. Hamidprime-insurance.net

Prime Insurance Company Limited provides various non-life insurance products in Bangladesh. The company offers fire, marine, motor, and engineering insurance. It also provides miscellaneous accident insurance products cash in transit, cash in safe, cash on counter, ATM risk, bank lockers, fidelity guarantee, bankers’ blanket bond, electronic and computer crime, and directors and officers’ liability insurance products.

Prime Insurance Company Limited Fundamentals Summary

How do Prime Insurance's earnings and revenue compare to its market cap?
PRIMEINSUR fundamental statistics
Market cap৳1.46b
Earnings (TTM)৳91.18m
Revenue (TTM)৳937.11m

16.1x

P/E Ratio

1.6x

P/S Ratio

Is PRIMEINSUR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PRIMEINSUR income statement (TTM)
Revenue৳937.11m
Cost of Revenue৳318.37m
Gross Profit৳618.74m
Other Expenses৳527.56m
Earnings৳91.18m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.23
Gross Margin66.03%
Net Profit Margin9.73%
Debt/Equity Ratio0%

How did PRIMEINSUR perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

54%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 05:21
End of Day Share Price 2024/12/19 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

Prime Insurance Company Limited 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