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Sonar Bangla Insurance DSE:SONARBAINS Stock Report

Last Price

৳23.70

Market Cap

৳996.4m

7D

-1.3%

1Y

-46.4%

Updated

07 Feb, 2025

Data

Company Financials

Sonar Bangla Insurance Limited

DSE:SONARBAINS Stock Report

Market Cap: ৳996.4m

SONARBAINS Stock Overview

Provides non-life insurance products in Bangladesh. More details

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

My Notes

Capture your thoughts, links and company narrative

Sonar Bangla Insurance Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Sonar Bangla Insurance
Historical stock prices
Current Share Price৳23.70
52 Week High৳46.80
52 Week Low৳17.60
Beta0.64
1 Month Change-5.95%
3 Month Change-5.58%
1 Year Change-46.38%
3 Year Change-64.90%
5 Year Change-34.69%
Change since IPO887.79%

Recent News & Updates

Recent updates

Shareholder Returns

SONARBAINSBD InsuranceBD Market
7D-1.3%1.2%1.0%
1Y-46.4%-31.9%-19.4%

Return vs Industry: SONARBAINS underperformed the BD Insurance industry which returned -31.9% over the past year.

Return vs Market: SONARBAINS underperformed the BD Market which returned -19.4% over the past year.

Price Volatility

Is SONARBAINS's price volatile compared to industry and market?
SONARBAINS volatility
SONARBAINS Average Weekly Movement5.6%
Insurance Industry Average Movement4.5%
Market Average Movement4.8%
10% most volatile stocks in BD Market7.0%
10% least volatile stocks in BD Market2.5%

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 (6%) 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৳996.43m
Earnings (TTM)৳52.29m
Revenue (TTM)৳457.26m

19.1x

P/E Ratio

2.2x

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

4.2%

Current Dividend Yield

68%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 05:41
End of Day Share Price 2025/02/06 00:00
Earnings2024/03/31
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.

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 Github.

Analyst Sources

Sonar Bangla Insurance 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.