Abu Dhabi National Insurance

Abu Dhabi National Insurance Company

ADNICStocksAbu Dhabi Securities ExchangeInsurance

Financials

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	3.82B	4.01B	3.48B	3.40B	3.53B
Market Cap Growth	+11.5%	+15.4%	+2.2%	-3.7%	-7.5%
Enterprise Value	3.52B	3.98B	3.42B	2.50B	2.97B
Last Close Price	6.71	6.58	5.31	4.84	4.70
Valuation Multiples
Forward PE (Next 12M Est.)	7.41	5.27	5.27	5.27	5.27
PE Ratio	8.05	8.45	8.34	8.48	9.88
PS Ratio	0.39	0.41	0.28	0.49	0.56
PB Ratio	1.02	1.07	0.99	1.17	1.30
P/TBV Ratio	1.18	1.24	1.14	1.17	1.30
P/FCF Ratio	9.22	9.68	146.36	12.00	11.18
P/OCF Ratio	8.62	9.05	80.01	11.36	10.54
EV/Sales Ratio	0.36	0.41	0.28	0.36	0.47
EV/EBITDA Ratio	6.44	7.32	7.15	5.90	8.03
EV/EBIT Ratio	6.75	7.64	7.53	6.20	8.49
EV/FCF Ratio	8.49	9.60	144.14	8.83	9.40
Leverage & Capital
Debt / Equity Ratio	—	—	—	—	0.02
Debt / EBITDA Ratio	—	—	—	—	0.12
Debt / FCF Ratio	—	—	—	—	0.14
Net Debt / Equity Ratio	-0.18	-0.18	-0.10	-0.36	-0.24
Net Debt / EBITDA Ratio	-1.20	-1.20	-0.75	-2.44	-1.75
Net Debt / FCF Ratio	-1.57	-1.57	-15.08	-3.65	-2.05
Efficiency & Liquidity
Asset Turnover	0.87	0.87	1.26	0.98	0.85
Quick Ratio	2.55	2.55	2.29	10.08	5.10
Current Ratio	10.92	10.92	15.90	29.54	12.68
Returns & Yields
Return on Equity (ROE)	+13.2%	+13.2%	+13.0%	+14.2%	+12.9%
Return on Assets (ROA)	+2.9%	+2.9%	+2.9%	+3.6%	+2.9%
Return on Invested Capital (ROIC)	+12.8%	+12.9%	+12.7%	+14.2%	+12.4%
Earnings Yield	+12.4%	+11.8%	+12.0%	+11.8%	+10.1%
FCF Yield	+10.8%	+10.3%	+0.7%	+8.3%	+8.9%
Dividend Yield	+7.0%	+7.1%	+8.5%	+9.3%	+8.5%
Payout Ratio	+54.0%	+54.0%	+61.5%	+56.8%	+63.8%
Total Shareholder Return	+6.8%	+7.1%	+8.5%	+9.3%	+8.5%

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	3.82B	4.01B	3.48B	3.40B	3.53B
Market Cap Growth	+11.5%	+15.4%	+2.2%	-3.7%	-7.5%
Enterprise Value	3.52B	3.98B	3.42B	2.50B	2.97B
Last Close Price	6.71	6.58	5.31	4.84	4.70
Valuation Multiples
Forward PE (Next 12M Est.)	7.41	5.27	5.27	5.27	5.27
PE Ratio	8.05	8.45	8.34	8.48	9.88
PS Ratio	0.39	0.41	0.28	0.49	0.56
PB Ratio	1.02	1.07	0.99	1.17	1.30
P/TBV Ratio	1.18	1.24	1.14	1.17	1.30
P/FCF Ratio	9.22	9.68	146.36	12.00	11.18
P/OCF Ratio	8.62	9.05	80.01	11.36	10.54
EV/Sales Ratio	0.36	0.41	0.28	0.36	0.47
EV/EBITDA Ratio	6.44	7.32	7.15	5.90	8.03
EV/EBIT Ratio	6.75	7.64	7.53	6.20	8.49
EV/FCF Ratio	8.49	9.60	144.14	8.83	9.40
Leverage & Capital
Debt / Equity Ratio	—	—	—	—	0.02
Debt / EBITDA Ratio	—	—	—	—	0.12
Debt / FCF Ratio	—	—	—	—	0.14
Net Debt / Equity Ratio	-0.18	-0.18	-0.10	-0.36	-0.24
Net Debt / EBITDA Ratio	-1.20	-1.20	-0.75	-2.44	-1.75
Net Debt / FCF Ratio	-1.57	-1.57	-15.08	-3.65	-2.05
Efficiency & Liquidity
Asset Turnover	0.87	0.87	1.26	0.98	0.85
Quick Ratio	2.55	2.55	2.29	10.08	5.10
Current Ratio	10.92	10.92	15.90	29.54	12.68
Returns & Yields
Return on Equity (ROE)	+13.2%	+13.2%	+13.0%	+14.2%	+12.9%
Return on Assets (ROA)	+2.9%	+2.9%	+2.9%	+3.6%	+2.9%
Return on Invested Capital (ROIC)	+12.8%	+12.9%	+12.7%	+14.2%	+12.4%
Earnings Yield	+12.4%	+11.8%	+12.0%	+11.8%	+10.1%
FCF Yield	+10.8%	+10.3%	+0.7%	+8.3%	+8.9%
Dividend Yield	+7.0%	+7.1%	+8.5%	+9.3%	+8.5%
Payout Ratio	+54.0%	+54.0%	+61.5%	+56.8%	+63.8%
Total Shareholder Return	+6.8%	+7.1%	+8.5%	+9.3%	+8.5%