BKIC

Bahrain Kuwait Insurance Company B.S.C BAX:BKIC Stock Report

Last Price

ب.د0.40

Market Cap

ب.د59.8m

7D

-1.2%

1Y

n/a

Updated

22 May, 2022

Data

Company Financials
BKIC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends5/6

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

Summary of all time highs, changes and price drops for Bahrain Kuwait Insurance Company B.S.C
Historical stock prices
Current Share Priceب.د0.40
52 Week Highب.د0.43
52 Week Lowب.د0.38
Beta-0.027
1 Month Change-3.61%
3 Month Changen/a
1 Year Changen/a
3 Year Changen/a
5 Year Change55.40%
Change since IPO377.40%

Recent News & Updates

Shareholder Returns

BKICBH InsuranceBH Market
7D-1.2%1.2%-2.3%
1Yn/a-18.5%27.0%

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.

Price Volatility

Is BKIC's price volatile compared to industry and market?
BKIC volatility
BKIC Average Weekly Movementn/a
Insurance Industry Average Movement5.1%
Market Average Movement2.8%
10% most volatile stocks in BH Market6.1%
10% least volatile stocks in BH Market1.7%

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

FoundedEmployeesCEOWebsite
1975257Abdulla Sultanhttps://www.gigbh.com

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

How do Bahrain Kuwait Insurance Company B.S.C's earnings and revenue compare to its market cap?
BKIC fundamental statistics
Market Capب.د59.75m
Earnings (TTM)ب.د4.38m
Revenue (TTM)ب.د43.64m

13.6x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BKIC income statement (TTM)
Revenueب.د43.64m
Cost of Revenueب.د30.48m
Gross Profitب.د13.16m
Other Expensesب.د8.77m
Earningsب.د4.38m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.029
Gross Margin30.15%
Net Profit Margin10.04%
Debt/Equity Ratio0%

How did BKIC perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

68%

Payout Ratio

Valuation

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

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


13.63x

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).


Future Growth

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 Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.6%

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.


Past Performance

How has Bahrain Kuwait Insurance Company B.S.C performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


11.2%

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.


Financial Health

How is Bahrain Kuwait Insurance Company B.S.C's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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.


Balance Sheet


Dividend

What is Bahrain Kuwait Insurance Company B.S.C current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.00%

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

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Abdulla Sultan

2.33yrs

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...


Leadership Team

Experienced Management: BKIC's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: BKIC's board of directors are seasoned and experienced ( 12.8 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bahrain Kuwait Insurance Company B.S.C.'s employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Bahrain Kuwait Insurance Company B.S.C.
  • BKIC Tower 2775
  • Block 428
  • Manama
  • Bahrain

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/22 00:00
End of Day Share Price2022/05/19 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.