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Dubai Insurance Co PSC (DFM:DIN) Net Cash per Share : د.إ-10.13 (As of Mar. 2024)


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What is Dubai Insurance Co PSC Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Dubai Insurance Co PSC's Net Cash per Share for the quarter that ended in Mar. 2024 was د.إ-10.13.

The historical rank and industry rank for Dubai Insurance Co PSC's Net Cash per Share or its related term are showing as below:

During the past 13 years, the highest Price-to-Net-Cash Ratio of Dubai Insurance Co PSC was 17.06. The lowest was 3.82. And the median was 10.36.

DFM:DIN's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 4.33
* Ranked among companies with meaningful Price-to-Net-Cash only.

Dubai Insurance Co PSC Net Cash per Share Historical Data

The historical data trend for Dubai Insurance Co PSC's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dubai Insurance Co PSC Net Cash per Share Chart

Dubai Insurance Co PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.27 -7.70 -3.93 -5.75 -8.94

Dubai Insurance Co PSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.24 -5.42 -5.29 -8.94 -10.13

Competitive Comparison of Dubai Insurance Co PSC's Net Cash per Share

For the Insurance - Diversified subindustry, Dubai Insurance Co PSC's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dubai Insurance Co PSC's Price-to-Net-Cash Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dubai Insurance Co PSC's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Dubai Insurance Co PSC's Price-to-Net-Cash falls into.



Dubai Insurance Co PSC Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Dubai Insurance Co PSC's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(558.149+587.784-2039.507-0)/100
=-8.94

Dubai Insurance Co PSC's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(657.603+625.2-2296.148-0)/100
=-10.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dubai Insurance Co PSC  (DFM:DIN) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Dubai Insurance Co PSC Net Cash per Share Related Terms

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Dubai Insurance Co PSC (DFM:DIN) Business Description

Traded in Other Exchanges
N/A
Address
Al Riqqa Road, Deira, P.O. Box 3027, Dubai, ARE
Dubai Insurance Co PSC is an insurance company. It issues short-term insurance contracts in connection with general insurance including motor, marine, fire, engineering, accident; and life insurance includes group life and individual life. It operates in three segments, Medical and life insurance segment offers short-term group life insurance and medical. The Non-life insurance segment comprises general and health insurance. Products offered under general insurance include motor, marine, fire, engineering, general accident, and medical. Non-life health contracts provide medical cover. The investment segment includes investment in equity, fixed income securities such as bonds and fixed deposits.