FTI Stock Overview
First Takaful Insurance Company - KPSC provides Takaful insurance solutions to individuals, commercial, and industrial sectors in Kuwait.
First Takaful Insurance Company - KPSC Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||د.ك0.049|
|52 Week High||د.ك0.081|
|52 Week Low||د.ك0.034|
|1 Month Change||1.66%|
|3 Month Change||1.88%|
|1 Year Change||-0.20%|
|3 Year Change||15.06%|
|5 Year Change||-29.13%|
|Change since IPO||-81.89%|
Recent News & Updates
|FTI||KW Insurance||KW Market|
Return vs Industry: FTI underperformed the KW Insurance industry which returned 8% over the past year.
Return vs Market: FTI underperformed the KW Market which returned 7.2% over the past year.
|FTI Average Weekly Movement||8.3%|
|Insurance Industry Average Movement||5.3%|
|Market Average Movement||4.9%|
|10% most volatile stocks in KW Market||9.5%|
|10% least volatile stocks in KW Market||2.3%|
Stable Share Price: FTI is more volatile than 75% of KW stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: FTI's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of KW stocks.
About the Company
|2000||n/a||Hussain Mohammed Al-Attal||https://www.firsttakaful.com.kw|
First Takaful Insurance Company - KPSC provides Takaful insurance solutions to individuals, commercial, and industrial sectors in Kuwait. It operates in two segments, Takaful Insurance and Investment. The company offers life and medical insurance products, including medical individual and travel assistance, domestic helpers, and Haj and Umrah products.
First Takaful Insurance Company - KPSC Fundamentals Summary
|FTI fundamental statistics|
Is FTI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FTI income statement (TTM)|
|Cost of Revenue||د.ك0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.00015|
|Net Profit Margin||20.32%|
How did FTI perform over the long term?See historical performance and comparison
Is FTI undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FTI?
Other financial metrics that can be useful for relative valuation.
|What is FTI's n/a Ratio?|
Price to Book Ratio vs Peers
How does FTI's PB Ratio compare to its peers?
|FTI PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
WETHAQ Wethaq Takaful Insurance Company K.S.C.P
WINSRE Warba Insurance Company K.S.C.P
TSI Thai Setakij Insurance
LINKASSURE Linkage Assurance
FTI First Takaful Insurance Company - KPSC
Price-To-Book vs Peers: FTI is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (0.7x).
Price to Earnings Ratio vs Industry
How does FTI's PE Ratio compare vs other companies in the Asian Insurance Industry?
Price-To-Book vs Industry: FTI is good value based on its Price-To-Book Ratio (0.6x) compared to the Asian Insurance industry average (1.2x)
Price to Book Ratio vs Fair Ratio
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.
|Current PB Ratio||0.6x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate FTI's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of FTI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate FTI's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate FTI's fair value 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.
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How is First Takaful Insurance Company - KPSC forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 First Takaful Insurance Company - KPSC 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.
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- Examine First Takaful Insurance Company - KPSC's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
How has First Takaful Insurance Company - KPSC performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FTI has a large one-off gain of KWD162.3K impacting its June 30 2022 financial results.
Growing Profit Margin: FTI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: FTI has become profitable over the past 5 years, growing earnings by -31.7% per year.
Accelerating Growth: FTI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: FTI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (17.4%).
Return on Equity
High ROE: FTI's Return on Equity (0.2%) is considered low.
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How is First Takaful Insurance Company - KPSC's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FTI's short term assets (KWD1.5M) exceed its short term liabilities (KWD232.2K).
Long Term Liabilities: FTI's short term assets (KWD1.5M) do not cover its long term liabilities (KWD4.1M).
Debt to Equity History and Analysis
Debt Level: FTI is debt free.
Reducing Debt: FTI has not had any debt for past 5 years.
Debt Coverage: FTI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FTI has no debt, therefore coverage of interest payments is not a concern.
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What is First Takaful Insurance Company - KPSC current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FTI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FTI'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 FTI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FTI's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as FTI has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hussain Mohammed Al-Attal
Mr. Hussain Ali Mohammed Al-Attal serves as Executive Vice Chairman at First Takaful Insurance Company KPSC and its Chief Executive Officer. He serves as Chairman at International Financial Advisors Holdin...
Experienced Board: FTI's board of directors are considered experienced (3.4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
First Takaful Insurance Company - KPSC's employee growth, exchange listings and data sources
- Name: First Takaful Insurance Company - KPSC
- Ticker: FTI
- Exchange: KWSE
- Founded: 2000
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Implied Market Cap: د.ك5.213m
- Shares outstanding: 106.60m
- Website: https://www.firsttakaful.com.kw
- First Takaful Insurance Company - KPSC
- Souq Al-Safat Building
- Office 4, First Floor
- Kuwait City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FTI||KWSE (Kuwait Stock Exchange)||Yes||Share Capital||KW||KWD||Feb 2005|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/25 00:00|
|End of Day Share Price||2022/09/22 00:00|
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.