AGIC Stock Overview
Askari General Insurance Company Limited engages in non-life insurance business in Pakistan.
Askari General Insurance Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||PK₨19.89|
|52 Week High||PK₨23.40|
|52 Week Low||PK₨18.40|
|1 Month Change||-0.55%|
|3 Month Change||-1.05%|
|1 Year Change||-1.44%|
|3 Year Change||-5.29%|
|5 Year Change||-23.11%|
|Change since IPO||486.89%|
Recent News & Updates
|AGIC||PK Insurance||PK Market|
Return vs Industry: AGIC exceeded the PK Insurance industry which returned -22.3% over the past year.
Return vs Market: AGIC exceeded the PK Market which returned -9.9% over the past year.
|AGIC Average Weekly Movement||5.5%|
|Insurance Industry Average Movement||6.0%|
|Market Average Movement||5.7%|
|10% most volatile stocks in PK Market||8.8%|
|10% least volatile stocks in PK Market||3.6%|
Stable Share Price: AGIC is not significantly more volatile than the rest of PK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: AGIC's weekly volatility (5%) has been stable over the past year.
About the Company
Askari General Insurance Company Limited engages in non-life insurance business in Pakistan. The company operates through Fire Insurance; Marine Insurance; Motor Insurance; Accident and Health; and Miscellaneous Insurance segments. It offers motor, marine, health, fire, aviation, agriculture, travel, and engineering insurance products; and miscellaneous insurance products, including fidelity guarantee, plate glass, workmen compensation, and liability insurance products, as well as cover against burglary, loss of cash in safe and cash in transit, personal accident, money, and engineering losses.
Askari General Insurance Fundamentals Summary
|AGIC fundamental statistics|
Is AGIC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|AGIC income statement (TTM)|
|Cost of Revenue||PK₨1.65b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||5.30|
|Net Profit Margin||15.51%|
How did AGIC perform over the long term?See historical performance and comparison
13.8%Current Dividend Yield
Does AGIC pay a reliable dividends?See AGIC dividend history and benchmarks
|Askari General Insurance dividend dates|
|Ex Dividend Date||May 20 2022|
|Dividend Pay Date||Jun 20 2022|
|Days until Ex dividend||3 days|
|Days until Dividend pay date||34 days|
Does AGIC pay a reliable dividends?See AGIC dividend history and benchmarks
Is Askari General Insurance undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: AGIC (PKR19.89) is trading below our estimate of fair value (PKR23.87)
Significantly Below Fair Value: AGIC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: AGIC is good value based on its PE Ratio (3.8x) compared to the PK Insurance industry average (6.6x).
PE vs Market: AGIC is good value based on its PE Ratio (3.8x) compared to the PK market (5.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AGIC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AGIC's PB Ratio (0.6x) is in line with the PK Insurance industry average.
How is Askari General Insurance 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 Askari General 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.
How has Askari General Insurance 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: AGIC has high quality earnings.
Growing Profit Margin: AGIC's current net profit margins (15.5%) are lower than last year (18.2%).
Past Earnings Growth Analysis
Earnings Trend: AGIC's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: AGIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AGIC had negative earnings growth (-4.3%) over the past year, making it difficult to compare to the Insurance industry average (-1.4%).
Return on Equity
High ROE: AGIC's Return on Equity (17%) is considered low.
How is Askari General Insurance's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: AGIC's short term assets (PKR2.1B) do not cover its short term liabilities (PKR3.2B).
Long Term Liabilities: AGIC's short term assets (PKR2.1B) exceed its long term liabilities (PKR369.3M).
Debt to Equity History and Analysis
Debt Level: AGIC is debt free.
Reducing Debt: AGIC has not had any debt for past 5 years.
Debt Coverage: AGIC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AGIC has no debt, therefore coverage of interest payments is not a concern.
What is Askari General Insurance current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: AGIC's dividend (13.83%) is higher than the bottom 25% of dividend payers in the PK market (3.66%).
High Dividend: AGIC's dividend (13.83%) is in the top 25% of dividend payers in the PK market (10.86%)
Stability and Growth of Payments
Stable Dividend: AGIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AGIC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.9%), AGIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (414.5%), AGIC's dividend payments are not well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Abdul Waheed has been the Chief Executive Officer and President of Askari General Insurance Company Limited since 2010. Mr. Waheed served as the Chief Executive Officer of Askari Leasing Ltd. He served...
Experienced Board: AGIC's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
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.
Askari General Insurance Company Limited's employee growth, exchange listings and data sources
- Name: Askari General Insurance Company Limited
- Ticker: AGIC
- Exchange: KASE
- Founded: 1995
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Implied Market Cap: PK₨1.430b
- Shares outstanding: 71.90m
- Website: https://www.agico.com.pk
Number of Employees
- Askari General Insurance Company Limited
- AWT Plaza
- 3rd Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/16 00:00|
|End of Day Share Price||2022/05/16 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.