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Sonar Bangla Insurance DSE:SONARBAINS Stock Report

Last Price

৳25.90

Market Cap

৳1.1b

7D

40.8%

1Y

-42.4%

Updated

04 Nov, 2024

Data

Company Financials

Sonar Bangla Insurance Limited

DSE:SONARBAINS Stock Report

Market Cap: ৳1.1b

SONARBAINS Stock Overview

Provides non-life insurance products in Bangladesh.

SONARBAINS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends3/6

Sonar Bangla Insurance Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sonar Bangla Insurance
Historical stock prices
Current Share Price৳25.90
52 Week High৳46.80
52 Week Low৳17.60
Beta0.57
11 Month Change10.68%
3 Month Change-11.00%
1 Year Change-42.44%
33 Year Change-63.93%
5 Year Change-40.88%
Change since IPO979.48%

Recent News & Updates

Recent updates

Shareholder Returns

SONARBAINSBD InsuranceBD Market
7D40.8%11.1%4.7%
1Y-42.4%-32.8%-21.8%

Return vs Industry: SONARBAINS underperformed the BD Insurance industry which returned -32.8% over the past year.

Return vs Market: SONARBAINS underperformed the BD Market which returned -21.8% over the past year.

Price Volatility

Is SONARBAINS's price volatile compared to industry and market?
SONARBAINS volatility
SONARBAINS Average Weekly Movement8.4%
Insurance Industry Average Movement7.3%
Market Average Movement7.5%
10% most volatile stocks in BD Market9.6%
10% least volatile stocks in BD Market5.2%

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

Volatility Over Time: SONARBAINS's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000477Md. Hudawww.sonarbanglainsurance.com

Sonar Bangla Insurance Limited provides non-life insurance products in Bangladesh. The company offers motor insurance for commercial and private vehicles, and cycles/scooters; fire insurance for industrial all risks, consequential loss, dwelling, houses, contents, hotel combined, and allied perils; and marine cargo insurance for transit through steamer or powered vessel, rail/lorry/truck, inland rail or road conveyance, and inland and air cargoes. It also provides marine hull and engineering insurance, such as machinery breakdown and electronic equipment insurance, as well as insurance for the deterioration of stock, boiler and pressure vessels, erection all risks, contractor's all risks, and consequential loss.

Sonar Bangla Insurance Limited Fundamentals Summary

How do Sonar Bangla Insurance's earnings and revenue compare to its market cap?
SONARBAINS fundamental statistics
Market cap৳1.09b
Earnings (TTM)৳52.29m
Revenue (TTM)৳457.26m

20.8x

P/E Ratio

2.4x

P/S Ratio

Is SONARBAINS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SONARBAINS income statement (TTM)
Revenue৳457.26m
Cost of Revenue৳218.58m
Gross Profit৳238.69m
Other Expenses৳186.39m
Earnings৳52.29m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.24
Gross Margin52.20%
Net Profit Margin11.44%
Debt/Equity Ratio0%

How did SONARBAINS perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

68%

Payout Ratio