RICL Stock Overview
Reliance Insurance Company Limited underwrites various classes of general insurance in Pakistan.
Reliance Insurance Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||PK₨5.65|
|52 Week High||PK₨7.81|
|52 Week Low||PK₨4.91|
|1 Month Change||-15.37%|
|3 Month Change||-1.13%|
|1 Year Change||-23.35%|
|3 Year Change||59.44%|
|5 Year Change||-37.17%|
|Change since IPO||158.73%|
Recent News & Updates
|RICL||PK Insurance||PK Market|
Return vs Industry: RICL underperformed the PK Insurance industry which returned -22.2% over the past year.
Return vs Market: RICL underperformed the PK Market which returned -9.9% over the past year.
|RICL Average Weekly Movement||15.9%|
|Insurance Industry Average Movement||5.9%|
|Market Average Movement||5.6%|
|10% most volatile stocks in PK Market||8.8%|
|10% least volatile stocks in PK Market||3.6%|
Stable Share Price: RICL is more volatile than 90% of PK stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: RICL's weekly volatility has increased from 10% to 16% over the past year.
About the Company
Reliance Insurance Company Limited underwrites various classes of general insurance in Pakistan. It operates in four segments: Fire, Marine, Motor, and Miscellaneous. The company offers fire insurance that covers damages caused by fire, riot and strike, malicious damage, explosion, atmospheric damage, flood, earthquake fire and shock, impact, aircraft, and electric fluctuation and terrorism; and marine import and export cargo, and inland transit insurance, as well as marine hull insurance.
Reliance Insurance Fundamentals Summary
|RICL fundamental statistics|
Is RICL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RICL income statement (TTM)|
|Cost of Revenue||PK₨167.80m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.10|
|Net Profit Margin||15.90%|
How did RICL perform over the long term?See historical performance and comparison
Is Reliance 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
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RICL's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate RICL's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: RICL is good value based on its PE Ratio (5.1x) compared to the PK Insurance industry average (6.6x).
PE vs Market: RICL is good value based on its PE Ratio (5.1x) compared to the PK market (5.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RICL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RICL is good value based on its PB Ratio (0.3x) compared to the PK Insurance industry average (0.6x).
How is Reliance 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 Reliance 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 Reliance Insurance performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RICL has a high level of non-cash earnings.
Growing Profit Margin: RICL's current net profit margins (15.9%) are lower than last year (23.7%).
Past Earnings Growth Analysis
Earnings Trend: RICL's earnings have grown by 14% per year over the past 5 years.
Accelerating Growth: RICL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RICL had negative earnings growth (-36.8%) over the past year, making it difficult to compare to the Insurance industry average (-1.4%).
Return on Equity
High ROE: RICL's Return on Equity (6.7%) is considered low.
How is Reliance Insurance's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: RICL's short term assets (PKR1.3B) exceed its short term liabilities (PKR700.0M).
Long Term Liabilities: RICL's short term assets (PKR1.3B) exceed its long term liabilities (PKR39.5M).
Debt to Equity History and Analysis
Debt Level: RICL is debt free.
Reducing Debt: RICL has not had any debt for past 5 years.
Debt Coverage: RICL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RICL has no debt, therefore coverage of interest payments is not a concern.
What is Reliance Insurance current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RICL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RICL'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 RICL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RICL's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: RICL is not paying a notable dividend for the PK market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as RICL has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. A. Razak Ahmed has been Chief Executive and Managing Director of Reliance Insurance Company Limited since November 1, 1995 and served as its Executive Director until April 30, 2022.
Experienced Board: RICL's board of directors are considered experienced (3 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.
Reliance Insurance Company Limited's employee growth, exchange listings and data sources
- Name: Reliance Insurance Company Limited
- Ticker: RICL
- Exchange: KASE
- Founded: 1981
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Implied Market Cap: PK₨358.038m
- Shares outstanding: 63.37m
- Website: https://www.relianceins.com
Number of Employees
- Reliance Insurance Company Limited
- Reliance Insurance House
- 181-A, Sindhi Muslim Coop. Housing socie
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/14 00:00|
|End of Day Share Price||2022/05/10 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.