Wafa Assurance Past Earnings Performance
Past criteria checks 2/6
Wafa Assurance has been growing earnings at an average annual rate of 8.1%, while the Insurance industry saw earnings growing at 5% annually. Revenues have been growing at an average rate of 9.5% per year. Wafa Assurance's return on equity is 7.6%, and it has net margins of 4.7%.
Key information
8.1%
Earnings growth rate
4.3%
EPS growth rate
| Insurance Industry Growth | 5.0% |
| Revenue growth rate | 9.5% |
| Return on equity | 7.6% |
| Net Margin | 4.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Wafa Assurance makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 14,303 | 670 | 1,112 | 0 |
| 30 Sep 23 | 13,999 | 722 | 1,057 | 0 |
| 30 Jun 23 | 13,696 | 773 | 1,003 | 0 |
| 31 Mar 23 | 13,451 | 774 | 952 | 0 |
| 31 Dec 22 | 13,206 | 776 | 902 | 0 |
| 30 Sep 22 | 12,550 | 689 | 883 | 0 |
| 30 Jun 22 | 11,895 | 602 | 865 | 0 |
| 31 Mar 22 | 11,610 | 513 | 822 | 0 |
| 31 Dec 21 | 11,325 | 424 | 780 | 0 |
| 30 Sep 21 | 11,792 | 722 | 857 | 0 |
| 30 Jun 21 | 12,259 | 1,020 | 934 | 0 |
| 31 Mar 21 | 11,345 | 737 | 868 | 0 |
| 31 Dec 20 | 10,431 | 453 | 801 | 0 |
| 30 Sep 20 | 9,003 | 216 | 452 | 0 |
| 30 Jun 20 | 9,218 | 27 | 447 | 0 |
| 31 Mar 20 | 9,624 | 338 | 448 | 0 |
| 31 Dec 19 | 10,030 | 649 | 450 | 0 |
| 30 Sep 19 | 9,676 | 636 | 442 | 0 |
| 30 Jun 19 | 9,322 | 623 | 434 | 0 |
| 31 Mar 19 | 9,345 | 616 | 448 | 0 |
| 31 Dec 18 | 9,367 | 608 | 462 | 0 |
| 30 Sep 18 | 9,278 | 640 | 476 | 0 |
| 30 Jun 18 | 9,188 | 672 | 489 | 0 |
| 31 Mar 18 | 9,145 | 745 | 473 | 0 |
| 31 Dec 17 | 9,103 | 819 | 456 | 0 |
| 30 Sep 17 | 9,106 | 855 | 452 | 0 |
| 30 Jun 17 | 9,108 | 891 | 448 | 0 |
| 31 Mar 17 | 8,768 | 866 | 445 | 0 |
| 31 Dec 16 | 8,428 | 841 | 442 | 0 |
| 30 Sep 16 | 8,014 | 837 | 430 | 0 |
| 30 Jun 16 | 7,600 | 834 | 417 | 0 |
| 31 Mar 16 | 7,347 | 817 | 402 | 0 |
| 31 Dec 15 | 7,094 | 800 | 387 | 0 |
| 30 Sep 15 | 7,137 | 820 | 389 | 0 |
| 30 Jun 15 | 7,179 | 839 | 391 | 0 |
| 31 Mar 15 | 7,021 | 839 | 382 | 0 |
| 31 Dec 14 | 6,863 | 839 | 373 | 0 |
| 30 Sep 14 | 6,733 | 822 | 355 | 0 |
| 30 Jun 14 | 6,602 | 805 | 337 | 0 |
| 31 Mar 14 | 6,482 | 792 | 338 | 0 |
| 31 Dec 13 | 6,362 | 780 | 338 | 0 |
| 30 Sep 13 | 6,283 | 763 | 351 | 0 |
| 30 Jun 13 | 6,204 | 747 | 364 | 0 |
Quality Earnings: WAA has high quality earnings.
Growing Profit Margin: WAA's current net profit margins (4.7%) are lower than last year (5.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WAA's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: WAA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WAA had negative earnings growth (-13.6%) over the past year, making it difficult to compare to the Insurance industry average (20.5%).
Return on Equity
High ROE: WAA's Return on Equity (7.6%) is considered low.