company background image
KEY

Key Insurance JMSE:KEY Stock Report

Last Price

JA$4.00

Market Cap

JA$2.2b

7D

5.3%

1Y

-21.6%

Updated

29 Jun, 2022

Data

Company Financials
KEY fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

KEY Stock Overview

Key Insurance Company Limited operates as a general insurance company in Jamaica.

Key Insurance Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Key Insurance
Historical stock prices
Current Share PriceJA$4.00
52 Week HighJA$5.30
52 Week LowJA$3.57
Beta1.6
1 Month Change1.01%
3 Month Change-11.11%
1 Year Change-21.57%
3 Year Change19.40%
5 Year Change31.15%
Change since IPO70.21%

Recent News & Updates

Shareholder Returns

KEYJM InsuranceJM Market
7D5.3%0.3%0.5%
1Y-21.6%-3.6%-2.9%

Return vs Industry: KEY underperformed the JM Insurance industry which returned -1.9% over the past year.

Return vs Market: KEY underperformed the JM Market which returned -2.7% over the past year.

Price Volatility

Is KEY's price volatile compared to industry and market?
KEY volatility
KEY Average Weekly Movement11.5%
Insurance Industry Average Movement4.0%
Market Average Movement9.4%
10% most volatile stocks in JM Market15.9%
10% least volatile stocks in JM Market5.3%

Stable Share Price: KEY is not significantly more volatile than the rest of JM stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: KEY's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1982n/an/ahttps://www.keyinsurancejm.com

Key Insurance Company Limited operates as a general insurance company in Jamaica. The company operates in Motor and Non-Motor segments. It offers motor, commercial and personal property, casualty, liability, engineering, travel, and personal and miscellaneous accident insurance products.

Key Insurance Fundamentals Summary

How do Key Insurance's earnings and revenue compare to its market cap?
KEY fundamental statistics
Market CapJA$2.24b
Earnings (TTM)JA$161.91m
Revenue (TTM)JA$1.45b

13.8x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KEY income statement (TTM)
RevenueJA$1.45b
Cost of RevenueJA$734.58m
Gross ProfitJA$718.90m
Other ExpensesJA$556.99m
EarningsJA$161.91m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin49.46%
Net Profit Margin11.14%
Debt/Equity Ratio0%

How did KEY perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

KEY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA3.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

KEY PE Ratio vs Peers
The above table shows the PE ratio for KEY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.9x
GENAC General Accident Insurance Company Jamaica
12.5xn/aJA$6.2b
ROC Ironrock Insurance
13.5xn/aJA$704.1m
CABROKERS Caribbean Assurance Brokers
9.3xn/aJA$611.6m
GLOBALINS Global Insurance
12.4xn/a৳1.5b
KEY Key Insurance
13.8xn/aJA$2.2b

Price-To-Earnings vs Peers: KEY is expensive based on its Price-To-Earnings Ratio (13.8x) compared to the peer average (11.9x).


Price to Earnings Ratio vs Industry

How does KEY's PE Ratio compare vs other companies in the South American Insurance Industry?

Price-To-Earnings vs Industry: KEY is expensive based on its Price-To-Earnings Ratio (13.8x) compared to the JM Insurance industry average (12.5x)


Price to Earnings Ratio vs Fair Ratio

What is KEY'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.

KEY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.8x
Fair PE Ration/a

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


Share Price vs Fair Value

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

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

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


Price to Earnings Growth Ratio

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


Discover undervalued companies

Future Growth

How is Key Insurance 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


13.7%

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 Key Insurance 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.


Discover growth companies

Past Performance

How has Key Insurance 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


1.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KEY has high quality earnings.

Growing Profit Margin: KEY's current net profit margins (11.1%) are higher than last year (3.7%).


Past Earnings Growth Analysis

Earnings Trend: KEY has become profitable over the past 5 years, growing earnings by 1% per year.

Accelerating Growth: KEY's earnings growth over the past year (307.6%) exceeds its 5-year average (1% per year).

Earnings vs Industry: KEY earnings growth over the past year (307.6%) exceeded the Insurance industry 132.5%.


Return on Equity

High ROE: KEY's Return on Equity (15.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Key Insurance'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: KEY's short term assets (JMD3.1B) do not cover its short term liabilities (JMD3.2B).

Long Term Liabilities: KEY's short term assets (JMD3.1B) exceed its long term liabilities (JMD265.7M).


Debt to Equity History and Analysis

Debt Level: KEY is debt free.

Reducing Debt: KEY has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.

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

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


Balance Sheet


Discover healthy companies

Dividend

What is Key Insurance current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate KEY'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 KEY's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

Earnings Coverage: KEY is not paying a notable dividend for the JM market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as KEY has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.3yrs

Average management tenure


CEO

Key Insurance has no CEO, or we have no data on them.


Leadership Team

Experienced Management: KEY's management team is considered experienced (2.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Key Insurance Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Key Insurance Company Limited
  • Ticker: KEY
  • Exchange: JMSE
  • Founded: 1982
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Implied Market Cap: JA$2.237b
  • Shares outstanding: 559.32m
  • Website: https://www.keyinsurancejm.com

Number of Employees


Location

  • Key Insurance Company Limited
  • 6C Half-Way-Tree Road
  • Kingston
  • 5
  • Jamaica

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/24 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.