company background image
BNH

Bahrain National Holding Company B.S.C BAX:BNH Stock Report

Last Price

ب.د0.46

Market Cap

ب.د54.2m

7D

5.7%

1Y

n/a

Updated

17 May, 2022

Data

Company Financials
BNH fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends4/6

BNH Stock Overview

Bahrain National Holding Company B.S.C., together with its subsidiaries, engages in the insurance and investment businesses in the Kingdom of Bahrain, GCC, and other countries.

Bahrain National Holding Company B.S.C Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bahrain National Holding Company B.S.C
Historical stock prices
Current Share Priceب.د0.46
52 Week Highب.د0.46
52 Week Lowب.د0.37
Beta-0.021
1 Month Change9.01%
3 Month Change9.52%
1 Year Changen/a
3 Year Change64.29%
5 Year Change17.81%
Change since IPO77.57%

Recent News & Updates

Shareholder Returns

BNHBH InsuranceBH Market
7D5.7%1.3%-3.4%
1Yn/a-20.5%31.1%

Return vs Industry: Insufficient data to determine how BNH performed against the BH Insurance industry.

Return vs Market: Insufficient data to determine how BNH performed against the BH Market.

Price Volatility

Is BNH's price volatile compared to industry and market?
BNH volatility
BNH Average Weekly Movementn/a
Insurance Industry Average Movement5.0%
Market Average Movement2.5%
10% most volatile stocks in BH Market6.5%
10% least volatile stocks in BH Market1.7%

Stable Share Price: Insufficient data to determine BNH's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine BNH's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969209Sameer Al-Wazzanhttps://www.bnhgroup.com

Bahrain National Holding Company B.S.C., together with its subsidiaries, engages in the insurance and investment businesses in the Kingdom of Bahrain, GCC, and other countries. The company operates through Motor Insurance, Property & General, Medical Insurance, and Life Insurance segments. The Motor Insurance segment comprises motor comprehensive insurance covers, third party insurance covers, and other services related to motor insurance.

Bahrain National Holding Company B.S.C Fundamentals Summary

How do Bahrain National Holding Company B.S.C's earnings and revenue compare to its market cap?
BNH fundamental statistics
Market Capب.د54.22m
Earnings (TTM)ب.د6.23m
Revenue (TTM)ب.د22.09m

8.8x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BNH income statement (TTM)
Revenueب.د22.09m
Cost of Revenueب.د9.39m
Gross Profitب.د12.70m
Other Expensesب.د6.47m
Earningsب.د6.23m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.052
Gross Margin57.50%
Net Profit Margin28.20%
Debt/Equity Ratio0.0%

How did BNH perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

40%

Payout Ratio

Valuation

Is Bahrain National Holding Company B.S.C undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


8.8x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BNH's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BNH's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: BNH's PE Ratio (8.8x) is in line with the BH Insurance industry average.

PE vs Market: BNH is good value based on its PE Ratio (8.8x) compared to the BH market (13.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BNH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BNH's PB Ratio (0.9x) is in line with the BH Insurance industry average.


Future Growth

How is Bahrain National Holding 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


10.4%

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 National Holding 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 National Holding Company B.S.C performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BNH has high quality earnings.

Growing Profit Margin: BNH's current net profit margins (28.2%) are higher than last year (20.4%).


Past Earnings Growth Analysis

Earnings Trend: BNH's earnings have grown by 13.1% per year over the past 5 years.

Accelerating Growth: BNH's earnings growth over the past year (50.4%) exceeds its 5-year average (13.1% per year).

Earnings vs Industry: BNH earnings growth over the past year (50.4%) exceeded the Insurance industry 12.2%.


Return on Equity

High ROE: BNH's Return on Equity (10.2%) is considered low.


Financial Health

How is Bahrain National Holding 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: BNH's short term assets (BHD35.6M) exceed its short term liabilities (BHD7.9M).

Long Term Liabilities: BNH's short term assets (BHD35.6M) do not cover its long term liabilities (BHD45.8M).


Debt to Equity History and Analysis

Debt Level: BNH is debt free.

Reducing Debt: BNH has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.

Debt Coverage: BNH has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BNH has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Bahrain National Holding 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


6.52%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BNH's dividend (6.52%) is higher than the bottom 25% of dividend payers in the BH market (3.73%).

High Dividend: BNH's dividend (6.52%) is in the top 25% of dividend payers in the BH market (5.59%)


Stability and Growth of Payments

Stable Dividend: BNH's dividend payments have been volatile in the past 10 years.

Growing Dividend: BNH's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (39.7%), BNH's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (96.9%), BNH's dividend payments are not well covered by cash flows.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Sameer Al-Wazzan

no data

Tenure

Mr. Sameer Ebrahim Al-Wazzan has been the Group Chief Executive of The Bahrain National Holding Company B.S.C. since January 2014. Mr. Al-Wazzan serves as the Chief Executive of Al Khazna Insurance Company...


Leadership Team

Experienced Management: BNH's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: BNH's board of directors are seasoned and experienced ( 14.3 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 been diluted in the past year, with total shares outstanding growing by 5.8%.


Top Shareholders

Company Information

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


Key Information

  • Name: Bahrain National Holding Company B.S.C.
  • Ticker: BNH
  • Exchange: BAX
  • Founded: 1969
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Implied Market Cap: ب.د54.225m
  • Shares outstanding: 119.18m
  • Website: https://www.bnhgroup.com

Number of Employees


Location

  • Bahrain National Holding Company B.S.C.
  • BNH Tower
  • 9th Floor
  • Manama
  • Bahrain

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.