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BIHL

Botswana Insurance HoldingsBSM:BIHL Stock Report

Market Cap

P4.9b

7D

0%

1Y

0%

Updated

25 Oct, 2021

Data

Company Financials
BIHL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

BIHL Overview

Botswana Insurance Holdings Limited provides financial solutions to individual and institutional clients primarily in Botswana.

Risk Analysis

No risks detected for BIHL from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Botswana Insurance Holdings
Historical stock prices
Current Share PriceP17.50
52 Week HighP0
52 Week LowP0
Beta0.023
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change0%
5 Year Change1.04%
Change since IPO8,583.36%

Recent News & Updates

Shareholder Returns

BIHLBW InsuranceBW Market
7D0%0.4%0.1%
1Y0%19.2%1.0%

Return vs Industry: BIHL underperformed the BW Insurance industry which returned 19.2% over the past year.

Return vs Market: BIHL underperformed the BW Market which returned 1% over the past year.

Price Volatility

Is BIHL's price volatile compared to industry and market?
BIHL volatility
BIHL Beta0.023
Industry Beta0.81
Market Beta1

Stable Share Price: BIHL is less volatile than 75% of BW stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: BIHL's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1975363Catherine Lesetedi-Letegelehttps://www.bihl.co.bw

Botswana Insurance Holdings Limited provides financial solutions to individual and institutional clients primarily in Botswana. It operates through two segments, Life Business and Asset Management. The company underwrites various classes of long-term and legal insurances; administers deposit administration schemes, and life and pension funds; and manages investments, as well as provides short-term insurance.

Botswana Insurance Holdings Fundamentals Summary

How do Botswana Insurance Holdings's earnings and revenue compare to its market cap?
BIHL fundamental statistics
Market CapP4.94b
Earnings (TTM)P468.52m
Revenue (TTM)P3.10b

10.5x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BIHL income statement (TTM)
RevenueP3.10b
Cost of RevenueP1.89b
Gross ProfitP1.21b
ExpensesP737.29m
EarningsP468.52m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.66
Gross Margin38.90%
Net Profit Margin15.11%
Debt/Equity Ratio0%

How did BIHL perform over the long term?

See historical performance and comparison

Valuation

Is Botswana Insurance Holdings undervalued compared to its fair value and its price relative to the market?

10.55x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BIHL (BWP17.5) is trading above our estimate of fair value (BWP13.15)

Significantly Below Fair Value: BIHL is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BIHL is poor value based on its PE Ratio (10.5x) compared to the African Insurance industry average (7.5x).

PE vs Market: BIHL's PE Ratio (10.5x) is in line with the BW market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BIHL is overvalued based on its PB Ratio (1.6x) compared to the XF Insurance industry average (0.9x).


Future Growth

How is Botswana Insurance Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.0%

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 Botswana Insurance Holdings 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 Botswana Insurance Holdings performed over the past 5 years?

0.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BIHL has high quality earnings.

Growing Profit Margin: BIHL's current net profit margins (15.1%) are higher than last year (14.6%).


Past Earnings Growth Analysis

Earnings Trend: BIHL's earnings have grown by 0.6% per year over the past 5 years.

Accelerating Growth: BIHL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BIHL had negative earnings growth (-10%) over the past year, making it difficult to compare to the Insurance industry average (18.2%).


Return on Equity

High ROE: BIHL's Return on Equity (15.4%) is considered low.


Financial Health

How is Botswana Insurance Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BIHL's short term assets (BWP15.2B) exceed its short term liabilities (BWP684.7M).

Long Term Liabilities: BIHL's short term assets (BWP15.2B) exceed its long term liabilities (BWP13.5B).


Debt to Equity History and Analysis

Debt Level: BIHL is debt free.

Reducing Debt: BIHL has not had any debt for past 5 years.

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

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


Balance Sheet


Dividend

What is Botswana Insurance Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BIHL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BIHL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BIHL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BIHL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BIHL is not paying a notable dividend for the BW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BIHL's dividend in 3 years as they are not forecast to pay a notable one for the BW market.


Next Steps

Management

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

4.7yrs

Average management tenure


CEO

Catherine Lesetedi-Letegele (54 yo)

5.58yrs

Tenure

P6,451,000

Compensation

Ms. Catherine B. Lesetedi-Letegele, BA, AIISA, MDP, has been Chief Executive Officer at Botswana Insurance Holdings Limited since March 1, 2016. Ms. Lesetedi-Letegele served as the Chief Executive Officer...


CEO Compensation Analysis

Compensation vs Market: Catherine's total compensation ($USD577.36K) is about average for companies of similar size in the BW market ($USD708.99K).

Compensation vs Earnings: Catherine's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BIHL's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: BIHL's board of directors are considered experienced (5.6 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

Botswana Insurance Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Botswana Insurance Holdings Limited
  • Ticker: BIHL
  • Exchange: BSM
  • Founded: 1975
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: P4.941b
  • Shares outstanding: 282.37m
  • Website: https://www.bihl.co.bw

Number of Employees


Location

  • Botswana Insurance Holdings Limited
  • Plot 66458
  • Fairgrounds Office Park
  • Gaborone
  • Botswana

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 14:01
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
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.