Bahrain Kuwait Insurance Company B.S.C.

BAX:BKIC Stock Report

Market Cap: ب.د48.4m

Bahrain Kuwait Insurance Company B.S.C Valuation

Is BKIC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BKIC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BKIC (BHD0.33) is trading below our estimate of fair value (BHD0.81)

Significantly Below Fair Value: BKIC is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BKIC?

Key metric: As BKIC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BKIC. This is calculated by dividing BKIC's market cap by their current earnings.
What is BKIC's PE Ratio?
PE Ratio9.6x
Earningsب.د5.05m
Market Capب.د48.44m

Price to Earnings Ratio vs Peers

How does BKIC's PE Ratio compare to its peers?

The above table shows the PE ratio for BKIC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8.6x
SOLID Solidarity Bahrain B.S.C
9.6xn/aب.د48.0m
ARIG Arab Insurance Group (B.S.C.)
6.3xn/aUS$159.5m
TAKAFUL Takaful International Company B.S.C
6.7xn/aب.د10.2m
BMI Bao Minh Insurance
11.7xn/a₫2.7t
BKIC Bahrain Kuwait Insurance Company B.S.C
9.6xn/aب.د48.4m

Price-To-Earnings vs Peers: BKIC is expensive based on its Price-To-Earnings Ratio (9.6x) compared to the peer average (8.6x).

Price to Earnings Ratio vs Industry

How does BKIC's PE Ratio compare vs other companies in the Asian Insurance Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BKIC 9.6xIndustry Avg. 11.0xNo. of Companies46PE0816243240+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BKIC is good value based on its Price-To-Earnings Ratio (9.6x) compared to the Asian Insurance industry average (11x).

Price to Earnings Ratio vs Fair Ratio

What is BKIC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BKIC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BKIC's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies