BANGLADESH GENERAL INSURANCE COMPANY PLCBB

BANGLADESH GENERAL INSURANCE COMPANY PLC

32.80BDTD
+0.80+2.50%
At close at 08:20 GMT
BDT
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BGIC fundamentals

Key facts

Market capitalization‪1.73 B‬BDT
Founded1984
CEOAhmed Saifuddin Chowdhury
About

Bangladesh General Insurance Co. Plc engages in the provision of general insurance services. Its insurance services include fire and allied insurance; marine cargo insurance; motor vehicle insurance; fidelity guarantee insurance; personal accident insurance; and health insurance. The company operates through the following segments: Fire, Marine, Motor and Miscellaneous. Bangladesh General Insurance was founded by M. A. Samad on November 1, 1984 and is headquartered in Dhaka, Bangladesh.

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪1.73 B‬‬
Price to earning ratio (P/E)
26.27x
Price to sales ratio (P/S)
3.13x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
26.27x
Price to sales ratio (P/S)
3.13x
Valuation ratios
‪0.00‬
‪1.50‬
‪3.00‬
‪4.50‬
‪6.00‬
Q2 '23
Q3 '23
Q4 '23
Q1 '24
Q2 '24
‪0.00‬
‪10.00‬
‪20.00‬
‪30.00‬
‪40.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪−26%‬
‪−13%‬
‪0%‬
‪13%‬
‪26%‬
Q2 '23
Q3 '23
Q4 '23
Q1 '24
Q2 '24
‪‪−70.00 M‬‬
‪0.00‬
‪‪70.00 M‬‬
‪‪140.00 M‬‬
‪‪210.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
Total operating expenses
Op income
Non-operating income
Pretax income
Taxes & Other
Net income
‪0.00‬
‪‪45.00 M‬‬
‪‪90.00 M‬‬
‪‪135.00 M‬‬
‪‪180.00 M‬‬
Revenue
Total operating expenses
Op income
Expenses & adjustments
Net income
‪0.00‬
‪‪45.00 M‬‬
‪‪90.00 M‬‬
‪‪135.00 M‬‬
‪‪180.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
Marine Cargo
Fire
Motor
Miscellaneous
Marine Hull
By country
Period: 2023
Bangladesh

Dividends

Dividend yield, history and sustainability

Dividend summary
82.10%
Earnings retained
Payout ratio (TTM)
Dividend yield TTM
3.13%
Last payment
1.00
Last ex-date
Jul 25, 2024
Dividend history
‪1.5%‬
‪2.4%‬
‪3.3%‬
‪4.2%‬
‪5.1%‬
2018
2020
2021
2022
2023
‪0.00‬
‪0.35‬
‪0.70‬
‪1.05‬
‪1.40‬
Dividends per share (FY)
Dividend yield (FY) %

Financial health

Financial position and solvency of the company

Insurance reserves, claims and premiums
Q2 '23
Q3 '23
Q4 '23
Q1 '24
Q2 '24
‪‪−70.00 M‬‬
‪0.00‬
‪‪70.00 M‬‬
‪‪140.00 M‬‬
‪‪210.00 M‬‬
Insurance reserves
Policy claims
Premium earned
Capital allocation analysis
Q2 '23
Q3 '23
Q4 '23
Q1 '24
Q2 '24
‪0.00‬
‪4.00‬
‪8.00‬
‪12.00‬
‪16.00‬
Reserve to total capital
Unearned premium to total capital