INTERNATIONAL GENERAL INSURA (IGIC)
BMG4809J1062 - Common Stock
IGIC gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 141 industry peers in the Insurance industry. IGIC has an average financial health and profitability rating. IGIC is evaluated to be cheap and growing strongly. This does not happen too often!
1. Profitability
1.1 Basic Checks
In the past year IGIC was profitable.
IGIC had a positive operating cash flow in the past year.
IGIC had positive earnings in each of the past 5 years.
Of the past 5 years IGIC 4 years had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 6.03%, IGIC belongs to the best of the industry, outperforming 88.57% of the companies in the same industry.
With an excellent Return On Equity value of 20.50%, IGIC belongs to the best of the industry, outperforming 86.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.03% | ||
| ROE | 20.5% | ||
| ROIC | N/A |
ROA(3y)4.81%
ROA(5y)3.75%
ROE(3y)17.36%
ROE(5y)13.27%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
IGIC has a Profit Margin of 22.34%. This is amongst the best in the industry. IGIC outperforms 90.00% of its industry peers.
IGIC's Profit Margin has improved in the last couple of years.
IGIC has a Operating Margin of 29.20%. This is amongst the best in the industry. IGIC outperforms 90.71% of its industry peers.
IGIC's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.2% | ||
| PM (TTM) | 22.34% | ||
| GM | N/A |
OM growth 3Y31.51%
OM growth 5Y13.18%
PM growth 3Y37.51%
PM growth 5Y11.2%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
IGIC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, IGIC has less shares outstanding
Compared to 5 years ago, IGIC has more shares outstanding
IGIC has a worse debt/assets ratio than last year.
2.2 Solvency
There is no outstanding debt for IGIC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.13%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 49.74% over the past year.
IGIC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.66% yearly.
The Revenue has grown by 24.35% in the past year. This is a very strong growth!
The Revenue has been growing by 20.58% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)49.74%
EPS 3Y62.89%
EPS 5Y16.66%
EPS growth Q2Q132.14%
Revenue 1Y (TTM)24.35%
Revenue growth 3Y18.65%
Revenue growth 5Y20.58%
Revenue growth Q2Q24.54%
3.2 Future
IGIC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.29% yearly.
Based on estimates for the next years, IGIC will show a quite strong growth in Revenue. The Revenue will grow by 10.67% on average per year.
EPS Next Y-5.59%
EPS Next 2Y0.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.43%
Revenue Next 2Y10.67%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
IGIC is valuated cheaply with a Price/Earnings ratio of 4.66.
Based on the Price/Earnings ratio, IGIC is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.73. IGIC is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 4.94 indicates a rather cheap valuation of IGIC.
Based on the Price/Forward Earnings ratio, IGIC is valued cheaply inside the industry as 81.43% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.41, IGIC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.66 | ||
| Fwd PE | 4.94 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IGIC is valued cheaper than 86.43% of the companies in the same industry.
IGIC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. IGIC is cheaper than 82.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.21 | ||
| EV/EBITDA | 3.01 |
4.3 Compensation for Growth
IGIC has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.28
EPS Next 2Y0.29%
EPS Next 3YN/A
5. Dividend
5.1 Amount
IGIC has a yearly dividend return of 0.30%, which is pretty low.
IGIC's Dividend Yield is slightly below the industry average, which is at 4.26.
Compared to an average S&P500 Dividend Yield of 2.41, IGIC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
5.2 History
IGIC has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
IGIC pays out 1.58% of its income as dividend. This is a sustainable payout ratio.
DP1.58%
EPS Next 2Y0.29%
EPS Next 3YN/A
INTERNATIONAL GENERAL INSURA
NASDAQ:IGIC (5/3/2024, 7:00:02 PM)
13.48
-0.02 (-0.15%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap621.02M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.3% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
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EPS beat(8)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.66 | ||
| Fwd PE | 4.94 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.03% | ||
| ROE | 20.5% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 29.2% | ||
| PM (TTM) | 22.34% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)49.74%
EPS 3Y62.89%
EPS 5Y
EPS growth Q2Q
EPS Next Y-5.59%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)24.35%
Revenue growth 3Y18.65%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y