BKIC Stock Overview
Bahrain Kuwait Insurance Company B.S.C. provides general insurance, takaful, and related products and services.
Bahrain Kuwait Insurance Company B.S.C Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||ب.د0.40|
|52 Week High||ب.د0.43|
|52 Week Low||ب.د0.38|
|1 Month Change||-3.61%|
|3 Month Change||n/a|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||55.40%|
|Change since IPO||377.40%|
Recent News & Updates
|BKIC||BH Insurance||BH Market|
Return vs Industry: Insufficient data to determine how BKIC performed against the BH Insurance industry.
Return vs Market: Insufficient data to determine how BKIC performed against the BH Market.
|BKIC Average Weekly Movement||n/a|
|Insurance Industry Average Movement||5.1%|
|Market Average Movement||2.8%|
|10% most volatile stocks in BH Market||6.1%|
|10% least volatile stocks in BH Market||1.7%|
Stable Share Price: Insufficient data to determine BKIC's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine BKIC's volatility change over the past year.
About the Company
Bahrain Kuwait Insurance Company B.S.C. provides general insurance, takaful, and related products and services. The company operates through Fire and General, Motor, Marine and Aviation, and Family Takaful segments. It offers fire, general accident, engineering, medical, group life, special contingency, motor third party, motor comprehensive and extended warranty, marine cargo, marine hull, marine aviation, group life, education, protection, savings, travel, home, domestic help, motor, and moeen insurance products.
Bahrain Kuwait Insurance Company B.S.C Fundamentals Summary
|BKIC fundamental statistics|
Is BKIC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BKIC income statement (TTM)|
|Cost of Revenue||ب.د30.48m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.029|
|Net Profit Margin||10.04%|
How did BKIC perform over the long term?See historical performance and comparison
5.0%Current Dividend Yield
Is Bahrain Kuwait Insurance Company B.S.C undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BKIC (BHD0.4) is trading above our estimate of fair value (BHD0.01)
Significantly Below Fair Value: BKIC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BKIC is poor value based on its PE Ratio (13.6x) compared to the BH Insurance industry average (8.8x).
PE vs Market: BKIC's PE Ratio (13.6x) is in line with the BH market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BKIC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BKIC is overvalued based on its PB Ratio (1.5x) compared to the BH Insurance industry average (0.9x).
How is Bahrain Kuwait Insurance Company B.S.C forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bahrain Kuwait Insurance Company B.S.C has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Bahrain Kuwait Insurance Company B.S.C performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKIC has high quality earnings.
Growing Profit Margin: BKIC's current net profit margins (10%) are higher than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: BKIC's earnings have grown by 11.2% per year over the past 5 years.
Accelerating Growth: BKIC's earnings growth over the past year (12.2%) exceeds its 5-year average (11.2% per year).
Earnings vs Industry: BKIC earnings growth over the past year (12.2%) underperformed the Insurance industry 12.2%.
Return on Equity
High ROE: BKIC's Return on Equity (11.1%) is considered low.
How is Bahrain Kuwait Insurance Company B.S.C's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BKIC's short term assets (BHD151.0M) do not cover its short term liabilities (BHD170.8M).
Long Term Liabilities: BKIC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BKIC is debt free.
Reducing Debt: BKIC had no debt 5 years ago.
Debt Coverage: BKIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BKIC has no debt, therefore coverage of interest payments is not a concern.
What is Bahrain Kuwait Insurance Company B.S.C current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BKIC's dividend (5%) is higher than the bottom 25% of dividend payers in the BH market (3.73%).
High Dividend: BKIC's dividend (5%) is low compared to the top 25% of dividend payers in the BH market (5.68%).
Stability and Growth of Payments
Stable Dividend: BKIC's dividends per share have been stable in the past 10 years.
Growing Dividend: BKIC's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.2%), BKIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.9%), BKIC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dr. Abdulla Salah Sultan has been Chief Executive Officer at Bahrain Kuwait Insurance Company B.S.C. since 2020 and was First Deputy Chief Executive Officer since joining on May 2, 2019 until 2020. He serv...
Experienced Management: BKIC's management team is seasoned and experienced (5.2 years average tenure).
Experienced Board: BKIC's board of directors are seasoned and experienced ( 12.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bahrain Kuwait Insurance Company B.S.C.'s employee growth, exchange listings and data sources
- Name: Bahrain Kuwait Insurance Company B.S.C.
- Ticker: BKIC
- Exchange: BAX
- Founded: 1975
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Implied Market Cap: ب.د59.751m
- Shares outstanding: 149.38m
- Website: https://www.gigbh.com
Number of Employees
- Bahrain Kuwait Insurance Company B.S.C.
- BKIC Tower 2775
- Block 428
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/22 00:00|
|End of Day Share Price||2022/05/19 00:00|
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.