Al-Nisr Al-Arabi Insurance Valuation

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

AAIN (JOD3.65) is trading below our estimate of [[fair value]] (JOD3.83)

Is AAIN 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 AAIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AAIN (JOD3.65) is trading below our estimate of fair value (JOD3.83)

Significantly Below Fair Value: AAIN is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AAIN. This is calculated by dividing AAIN's market cap by their current earnings.
What is AAIN's PE Ratio?
PE Ratio	6.2x
Earnings	د.أ5.88m
Market Cap	د.أ36.50m

AAIN 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/Revenue	0.8x
Enterprise Value/EBITDA	3.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AAIN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	16.4x
GIGJ Gulf Insurance Group - Jordan	5.3x	n/a	د.أ45.5m
MEIN Middle East Insurance	32x	n/a	د.أ29.3m
AMMI Euro Arab Insurance Group	7.7x	n/a	د.أ19.1m
JOIN Jordan Insurance	20.5x	n/a	د.أ31.2m
AAIN Al-Nisr Al-Arabi Insurance	6.2x	n/a	د.أ36.5m

Price-To-Earnings vs Peers: AAIN is good value based on its Price-To-Earnings Ratio (6.2x) compared to the peer average (16.3x).

Price to Earnings Ratio vs Industry

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

6 Companies	Price / Earnings	Estimated Growth	Market Cap

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: AAIN is good value based on its Price-To-Earnings Ratio (6.2x) compared to the Asian Insurance industry average (10.6x).

Price to Earnings Ratio vs Fair Ratio

What is AAIN'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.

AAIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AAIN'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.