| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
ATL Stock Overview
Atlantic Insurance Company Public Limited provides insurance products and services to individuals and businesses in Cyprus.
Atlantic Insurance Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €2.02 |
| 52 Week High | €2.06 |
| 52 Week Low | €1.39 |
| Beta | 0.22 |
| 1 Month Change | 1.51% |
| 3 Month Change | 8.02% |
| 1 Year Change | 45.32% |
| 3 Year Change | 41.26% |
| 5 Year Change | 68.33% |
| Change since IPO | 117.17% |
Recent News & Updates
Shareholder Returns
| ATL | CY Insurance | CY Market | |
|---|---|---|---|
| 7D | 0% | 1.3% | -1.6% |
| 1Y | 45.3% | -19.7% | 4.2% |
Return vs Industry: ATL exceeded the CY Insurance industry which returned -19.7% over the past year.
Return vs Market: ATL exceeded the CY Market which returned 4.2% over the past year.
Price Volatility
| ATL volatility | |
|---|---|
| ATL Average Weekly Movement | 2.4% |
| Insurance Industry Average Movement | 5.0% |
| Market Average Movement | 5.2% |
| 10% most volatile stocks in CY Market | 6.1% |
| 10% least volatile stocks in CY Market | 3.2% |
Stable Share Price: ATL is less volatile than 75% of CY stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ATL's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 120 | Emilios Pyrishis | https://www.atlantic.com.cy |
Atlantic Insurance Company Public Limited provides insurance products and services to individuals and businesses in Cyprus. It offers motor vehicle, household, fire and special peril, property, medical, personal accident, health, yacht-pleasure craft, golf, and travel insurance products; property, public and products liability, and jointly-owned building insurance products; group medical and personal accident, professional indemnity, good in transit, money, cyber risk, directors and officers liability, and fidelity guarantee insurance products; and employers' liability, marine cargo and hull, and contractors all risks insurance products. The company also involved in the plot selling, and provision of financial, consultancy, and stock exchange services.
Atlantic Insurance Company Fundamentals Summary
| ATL fundamental statistics | |
|---|---|
| Market Cap | €78.67m |
| Earnings (TTM) | €11.79m |
| Revenue (TTM) | €27.51m |
6.7x
P/E Ratio2.9x
P/S RatioIs ATL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ATL income statement (TTM) | |
|---|---|
| Revenue | €27.51m |
| Cost of Revenue | €9.73m |
| Gross Profit | €17.79m |
| Other Expenses | €6.00m |
| Earnings | €11.79m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.30 |
| Gross Margin | 64.64% |
| Net Profit Margin | 42.84% |
| Debt/Equity Ratio | 0.03% |
How did ATL perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield28%
Payout RatioValuation
Is Atlantic Insurance Company undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
6.67x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ATL (€2.02) is trading above our estimate of fair value (€1.72)
Significantly Below Fair Value: ATL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ATL is good value based on its PE Ratio (6.7x) compared to the Asian Insurance industry average (11.4x).
PE vs Market: ATL is good value based on its PE Ratio (6.7x) compared to the CY market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATL is overvalued based on its PB Ratio (1.6x) compared to the XA Insurance industry average (1.2x).
Future Growth
How is Atlantic Insurance Company forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
10.5%
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 Atlantic Insurance Company 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 Atlantic Insurance Company performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
19.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATL has high quality earnings.
Growing Profit Margin: ATL's current net profit margins (42.8%) are higher than last year (20.3%).
Past Earnings Growth Analysis
Earnings Trend: ATL's earnings have grown by 19.1% per year over the past 5 years.
Accelerating Growth: ATL's earnings growth over the past year (214.7%) exceeds its 5-year average (19.1% per year).
Earnings vs Industry: ATL earnings growth over the past year (214.7%) exceeded the Insurance industry 7.4%.
Return on Equity
High ROE: ATL's Return on Equity (24.4%) is considered high.
Financial Health
How is Atlantic Insurance Company's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: ATL's short term assets (€62.7M) exceed its short term liabilities (€26.3M).
Long Term Liabilities: ATL's short term assets (€62.7M) exceed its long term liabilities (€34.0K).
Debt to Equity History and Analysis
Debt Level: ATL has more cash than its total debt.
Reducing Debt: ATL's debt to equity ratio has increased from 0% to 0.03% over the past 5 years.
Debt Coverage: ATL's debt is well covered by operating cash flow (41121.4%).
Interest Coverage: Insufficient data to determine if ATL's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Atlantic Insurance Company current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.21%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ATL's dividend (4.21%) is higher than the bottom 25% of dividend payers in the CY market (2.91%).
High Dividend: ATL's dividend (4.21%) is low compared to the top 25% of dividend payers in the CY market (5.67%).
Stability and Growth of Payments
Stable Dividend: ATL's dividend payments have been volatile in the past 10 years.
Growing Dividend: ATL's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.1%), ATL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.2%), ATL's dividend payments are covered by cash flows.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.5yrs
Average management tenure
CEO
Emilios Pyrishis
27.33yrs
Tenure
€117,000
Compensation
Mr. Emilios Pyrishis serves as Chairman, Managing Director and Director of Atlantic Insurance Company Public Limited. He served as Chairman at Atlantic Insurance Company Public Limited. He serves as a Dire...
CEO Compensation Analysis
Compensation vs Market: Emilios's total compensation ($USD122.78K) is above average for companies of similar size in the CY market ($USD79.09K).
Compensation vs Earnings: Emilios's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ATL's management team is seasoned and experienced (8.5 years average tenure).
Board Members
Experienced Board: ATL's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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
Atlantic Insurance Company Public Limited's employee growth, exchange listings and data sources
Key Information
- Name: Atlantic Insurance Company Public Limited
- Ticker: ATL
- Exchange: CSE
- Founded: 1983
- Industry: Multi-line Insurance
- Sector: Insurance
- Implied Market Cap: €78.666m
- Shares outstanding: 38.94m
- Website: https://www.atlantic.com.cy
Number of Employees
Location
- Atlantic Insurance Company Public Limited
- Atlantic Building
- 15 Esperidon Street
- Nicosia
- 2001
- Cyprus
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/18 00:00 |
| End of Day Share Price | 2022/05/18 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.