EFU General Insurance Ltd
EFU General Insurance Ltd operates in Property & Casualty Insurance.
EFU General Insurance Ltd (EFUG) - Net Assets
Latest net assets as of June 2024: PKRs297.76 Billion PKR
Based on the latest financial reports, EFU General Insurance Ltd (EFUG) has net assets worth PKRs297.76 Billion PKR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (PKRs294.41 Billion) and total liabilities (PKRs-3.35 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | PKRs297.76 Billion |
| % of Total Assets | 101.14% |
| Annual Growth Rate | 4.75% |
| 5-Year Change | -0.69% |
| 10-Year Change | N/A |
| Growth Volatility | 15.69 |
EFU General Insurance Ltd - Net Assets Trend (2016–2023)
This chart illustrates how EFU General Insurance Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EFU General Insurance Ltd (2016–2023)
The table below shows the annual net assets of EFU General Insurance Ltd from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | PKRs23.38 Billion | +9.57% |
| 2022-12-31 | PKRs21.34 Billion | -10.35% |
| 2021-12-31 | PKRs23.80 Billion | -3.96% |
| 2020-12-31 | PKRs24.78 Billion | +5.26% |
| 2019-12-31 | PKRs23.54 Billion | -2.30% |
| 2018-12-31 | PKRs24.10 Billion | +41.35% |
| 2017-12-31 | PKRs17.05 Billion | +0.86% |
| 2016-12-31 | PKRs16.90 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to EFU General Insurance Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 40.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | PKRs1.43 Billion | 7.48% |
| Other Components | PKRs17.63 Billion | 92.52% |
| Total Equity | PKRs19.05 Billion | 100.00% |
EFU General Insurance Ltd Competitors by Market Cap
The table below lists competitors of EFU General Insurance Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Union Bank of the Philippines
PSE:UBP
|
$4.23K |
|
HBOR3F
SA:HBOR3F
|
$4.23K |
|
CHANGAN MINSHENG-H-
BE:W8R
|
$4.24K |
|
Credit Agricole Egypt
EGX:CIEB
|
$4.24K |
|
Soke Degirmencilik AS
IS:SOKE
|
$4.23K |
|
Bloomios Inc
PINK:BLMS
|
$4.22K |
|
VIGLACERA HALO
VN:VHL
|
$4.22K |
|
Nextraction Energy Corp
PINK:NXTFF
|
$4.22K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EFU General Insurance Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 17,058,964,000 to 19,051,173,000, a change of 1,992,209,000 (11.7%).
- Net income of 3,273,549,000 contributed positively to equity growth.
- Dividend payments of 2,772,179,000 reduced retained earnings.
- Other factors increased equity by 1,490,839,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | PKRs3.27 Billion | +17.18% |
| Dividends Paid | PKRs2.77 Billion | -14.55% |
| Other Changes | PKRs1.49 Billion | +7.83% |
| Total Change | PKRs- | 11.68% |
Book Value vs Market Value Analysis
This analysis compares EFU General Insurance Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.35x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.51x to 1.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | PKRs85.24 | PKRs128.74 | x |
| 2018-12-31 | PKRs99.36 | PKRs128.74 | x |
| 2019-12-31 | PKRs97.36 | PKRs128.74 | x |
| 2020-12-31 | PKRs100.28 | PKRs128.74 | x |
| 2021-12-31 | PKRs96.88 | PKRs128.74 | x |
| 2022-12-31 | PKRs85.29 | PKRs128.74 | x |
| 2023-12-31 | PKRs95.26 | PKRs128.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EFU General Insurance Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.54%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 14.49x
- Recent ROE (17.18%) is above the historical average (12.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 14.16% | 28.26% | 0.23x | 2.14x | PKRs702.33 Million |
| 2017 | 13.75% | 26.08% | 0.23x | 2.29x | PKRs639.10 Million |
| 2018 | 14.19% | 9.90% | 0.18x | 8.01x | PKRs831.69 Million |
| 2019 | 13.08% | 5.18% | 0.28x | 8.95x | PKRs600.25 Million |
| 2020 | 12.08% | 3.77% | 0.32x | 10.07x | PKRs416.72 Million |
| 2021 | 13.45% | 4.64% | 0.27x | 10.92x | PKRs668.14 Million |
| 2022 | 2.47% | 0.63% | 0.28x | 13.76x | PKRs-1.28 Billion |
| 2023 | 17.18% | 3.54% | 0.33x | 14.49x | PKRs1.37 Billion |
Industry Comparison
This section compares EFU General Insurance Ltd's net assets metrics with peer companies in the Insurance industry.
Industry Context
- Industry: Insurance
- Average net assets among peers: $38,894,657,000
- Average return on equity (ROE) among peers: 8.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EFU General Insurance Ltd (EFUG) | PKRs297.76 Billion | 14.16% | -0.01x | $4.23K |
| Adamjee Insurance Company Ltd (AICL) | $38.89 Billion | 8.98% | 0.58x | $2.45K |