How does FTI's PB Ratio compare to its peers?

FTI is expensive based on its Price-To-Book Ratio (1.9x) compared to the peer average (1.3x).

How does FTI's PB Ratio compare vs other companies in the Asian Insurance Industry?

FTI is expensive based on its Price-To-Book Ratio (1.9x) compared to the Asian Insurance industry average (1.1x).

What is FTI's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate FTI's Price-To-Book Fair Ratio for valuation analysis.

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

Insufficient data to calculate FTI's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

FTI Stock Overview

Provides takaful insurance solutions to individual, commercial, and industrial sectors in Kuwait. More details

FTI fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Became profitable this year

Risk Analysis

Makes less than USD$1m in revenue (KWD58K)

Does not have a meaningful market cap (KWD19M)

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

First Takaful Insurance Company - KPSC Competitors

Wethaq Takaful Insurance Company K.S.C.P

KWSE:WETHAQ

د.ك5.8m

Warba Insurance and Reinsurance Company (K.S.C.P.)

KWSE:WINSRE

د.ك39.9m

Kuwait Reinsurance Company K.S.C.P

KWSE:KUWAITRE

د.ك104.2m

Personal Group Holdings

AIM:PGH

UK£58.2m

Price History & Performance

Summary of share price highs, lows and changes for First Takaful Insurance Company - KPSC
Historical stock prices
Current Share Price	د.ك0.17
52 Week High	د.ك0.47
52 Week Low	د.ك0.053
Beta	-0.74
1 Month Change	4.19%
3 Month Change	-14.71%
1 Year Change	200.00%
3 Year Change	248.00%
5 Year Change	324.39%
Change since IPO	-35.56%

Recent updates

Shareholder Returns

	FTI	KW Insurance	KW Market
7D	1.2%	8.3%	1.1%
1Y	200.0%	-7.4%	8.5%

Return vs Industry: FTI exceeded the KW Insurance industry which returned -6.3% over the past year.

Return vs Market: FTI exceeded the KW Market which returned 8.3% over the past year.

Price Volatility

Is FTI's price volatile compared to industry and market?
FTI volatility
FTI Average Weekly Movement	5.8%
Insurance Industry Average Movement	5.8%
Market Average Movement	4.5%
10% most volatile stocks in KW Market	10.2%
10% least volatile stocks in KW Market	2.1%

Stable Share Price: FTI has not had significant price volatility in the past 3 months compared to the KW market.

Volatility Over Time: FTI's weekly volatility has decreased from 23% to 6% over the past year.

About the Company

Founded	Employees	CEO	Website
2000	n/a	Hussain Ali Al-Attal	www.firsttakaful.com.kw

First Takaful Insurance Company - KPSC provides takaful insurance solutions to individual, commercial, and industrial sectors in Kuwait. It operates through two segments, Takaful Insurance and Investment. The company offers life and medical insurance products, including domestic helpers policy; and fire and general accident insurance products, such as house holder’s comprehensive, property all risks, loss of profit, hotel comprehensive, energy, terrorism, fire and allied perils, burglary, fidelity guarantee, money, glass, workmen’s compensation, comprehensive crime, general public and product liability, professional indemnity, decennial liability, and directors’ and officers’ liability insurance products.

First Takaful Insurance Company - KPSC Fundamentals Summary

How do First Takaful Insurance Company - KPSC's earnings and revenue compare to its market cap?
FTI fundamental statistics
Market cap	د.ك18.55m
Earnings (TTM)	د.ك41.47k
Revenue (TTM)	د.ك57.68k

447.3x

P/E Ratio

321.6x

P/S Ratio

Is FTI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FTI income statement (TTM)
Revenue	د.ك57.68k
Cost of Revenue	د.ك0
Gross Profit	د.ك57.68k
Other Expenses	د.ك16.22k
Earnings	د.ك41.47k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.00039
Gross Margin	100.00%
Net Profit Margin	71.89%
Debt/Equity Ratio	0%

How did FTI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 05:19
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Takaful Insurance Company - KPSC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution