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National Insurance Company (Palestine) PLSE:NIC Stock Report

Last Price

US$2.86

Market Cap

US$52.9m

7D

-7.6%

1Y

-27.3%

Updated

25 Apr, 2024

Data

Company Financials

National Insurance Company (Palestine)

PLSE:NIC Stock Report

Market Cap: US$52.9m

NIC Stock Overview

National Insurance Company (Palestine) provides various insurance products and services for individual and corporate customers in Palestine.

NIC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

National Insurance Company (Palestine) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for National Insurance Company (Palestine)
Historical stock prices
Current Share PriceUS$2.86
52 Week HighUS$3.82
52 Week LowUS$2.86
Beta-0.20
1 Month Change-7.61%
3 Month Change-8.44%
1 Year Change-27.32%
3 Year Change-26.97%
5 Year Change4.98%
Change since IPO65.34%

Recent News & Updates

Recent updates

Shareholder Returns

NICPS InsurancePS Market
7D-7.6%-2.1%-1.5%
1Y-27.3%3.1%-17.1%

Return vs Industry: NIC underperformed the PS Insurance industry which returned 6% over the past year.

Return vs Market: NIC underperformed the PS Market which returned -17.1% over the past year.

Price Volatility

Is NIC's price volatile compared to industry and market?
NIC volatility
NIC Average Weekly Movementn/a
Insurance Industry Average Movement4.8%
Market Average Movement3.1%
10% most volatile stocks in PS Market6.1%
10% least volatile stocks in PS Market2.3%

Stable Share Price: NIC has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine NIC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992226Bashar Tawfiq Husseinwww.nic-pal.com

National Insurance Company (Palestine) provides various insurance products and services for individual and corporate customers in Palestine. It offers vehicle, travel, comprehensive house hold, personal accident, life, VIP3, money, third party liability, product and professional indemnity, fidelity guarantee, workers compensation, land transport, marine, health, fire and burglary, and critical illness insurance products. The company also provides insurance for machinery breakdowns, erection risks, plate glasses, and electronic equipment, as well as contractors' plant and machinery.

National Insurance Company (Palestine) Fundamentals Summary

How do National Insurance Company (Palestine)'s earnings and revenue compare to its market cap?
NIC fundamental statistics
Market capUS$52.91m
Earnings (TTM)-US$655.46k
Revenue (TTM)US$55.02m

1.0x

P/S Ratio

-80.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NIC income statement (TTM)
RevenueUS$55.02m
Cost of RevenueUS$50.35m
Gross ProfitUS$4.67m
Other ExpensesUS$5.32m
Earnings-US$655.46k

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.035
Gross Margin8.49%
Net Profit Margin-1.19%
Debt/Equity Ratio0%

How did NIC perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

-132%

Payout Ratio
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