NIC Stock Overview
Provides various insurance products and services for individual and corporate customers in Palestine. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
National Insurance Company (Palestine) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.00 |
| 52 Week High | US$3.26 |
| 52 Week Low | US$2.86 |
| Beta | -0.19 |
| 1 Month Change | 0% |
| 3 Month Change | 1.69% |
| 1 Year Change | -2.50% |
| 3 Year Change | -29.13% |
| 5 Year Change | -6.33% |
| Change since IPO | 73.44% |
Recent News & Updates
Recent updates
Shareholder Returns
| NIC | PS Insurance | PS Market | |
|---|---|---|---|
| 7D | 0% | -0.1% | 4.0% |
| 1Y | -2.5% | 32.7% | -13.4% |
Return vs Industry: NIC underperformed the PS Insurance industry which returned 31.6% over the past year.
Return vs Market: NIC exceeded the PS Market which returned -13% over the past year.
Price Volatility
| NIC volatility | |
|---|---|
| NIC Average Weekly Movement | n/a |
| Insurance Industry Average Movement | 4.8% |
| Market Average Movement | 2.8% |
| 10% most volatile stocks in PS Market | 4.5% |
| 10% least volatile stocks in PS Market | 1.7% |
Stable Share Price: NIC's share price has been volatile over the past 3 months compared to the PS market.
Volatility Over Time: Insufficient data to determine NIC's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 226 | Bashar Tawfiq Hussein | www.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
| NIC fundamental statistics | |
|---|---|
| Market cap | US$55.50m |
| Earnings (TTM) | US$1.46m |
| Revenue (TTM) | US$54.51m |
38.0x
P/E Ratio1.0x
P/S RatioIs NIC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NIC income statement (TTM) | |
|---|---|
| Revenue | US$54.51m |
| Cost of Revenue | US$47.78m |
| Gross Profit | US$6.73m |
| Other Expenses | US$5.27m |
| Earnings | US$1.46m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.079 |
| Gross Margin | 12.35% |
| Net Profit Margin | 2.68% |
| Debt/Equity Ratio | 0% |
How did NIC perform over the long term?
See historical performance and comparisonDividends
1.6%
Current Dividend Yield74%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 07:38 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
National Insurance Company (Palestine) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|