AICL - Adamjee Insurance Co. Ltd. - Analysis - 25/03/2013

Company	AICL	Symbol
Company Name	Adamjee Insurance Co. Ltd.	Company Name
Sector	Non Life Insurance	Sector
Avg EPS	Rs 13.96	Average of past year end EPS's
Avg EPS FV	Rs 146.93	Fair Value (DCF) based on average of past year end EPS's
EPS	Rs 3.54	Last four quarters EPS
EPS FV	Rs 37.26	Fair Value (DCF) based on last four quarters EPS
Current Price	Rs 69.87	Last closing stock price
Updated	March 2013	Data Month/Year
Div	Rs 2.50	Total dividend paid during last four quarters
Div FV	Rs 26.32	Fair value (DD) based on total dividend paid during last four quarters
Avg Div	Rs 2.03	Average of yearly dividends paid (including currently paid ones)
Avg Div FV	Rs 21.37	Fair value (DD) based on Average of yearly dividends paid (including current)
Avg	Rs 51.98	Fair value (averaged of other fair value)
Upside	-25.60%	Upside potential (in percentage) based on the above Average.
Div Yield	3.58%	Dividend yield
Book Value	Rs 94.73	Book Value
FV FCF/S	Rs -14.72	Fair Value based on free cash flow per share
Outstanding Shares	123,704,543	Number of  Outstanding Shares
Current Assets	NA	Currency in Millions of Pakistan Rupees
Total Liabilities	Rs 15,094.00	Currency in Millions of Pakistan Rupees
NCAV/S	#VALUE!	Net Current Asset Value / Share
Total Assets	Rs 26,813.00	Currency in Millions of Pakistan Rupees
Quarter	September 2012	Data Quarter
CfO	Rs 32.00	CASH FROM OPERATIONS (Millions of Rs)
FCF/S	Rs -1.40	Free Cash Flow per Share
P/E	19.74	Price over earnings ratio
P/E Sector Avg	8.09	Sector Average P/E
P/B	0.74	Price over book value ratio
P/B Sector Avg	1.87	Sector Average P/B
PR	70.62	Payout Ratio (in %)
PR Sector Avg	7.52	Sector average Payout Ratio (in %)
D/E Ratio	70.62	Debt / Equite ratio (%)
Sector D/E Ratio	142.74	Sector Debt / Equity ratio (%)

AICL - Adamjee Insurance Co. Ltd. - Analysis - 25/03/2013