Dubai National Insurance

Dubai National Insurance & Reinsurance Co. (P.S.C.)

DNIRStocksDubai Financial MarketInsurance

Financials

1-5

	CurrentMar 10, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Market & Price
Market Capitalization	381.15M	384.62M	381.15M	386.93M	442.37M
Market Cap Growth	-52.2%	-34.7%	-33.3%	-6.9%	-22.6%
Enterprise Value	18.32M	66.10M	97.60M	140.60M	196.04M
Last Close Price	3.30	3.18	3.15	3.20	3.51
Valuation Multiples
PE Ratio	7.11	8.23	6.82	6.57	9.59
PS Ratio	1.07	1.11	1.12	1.17	1.39
PB Ratio	0.40	0.40	0.43	0.44	0.55
P/TBV Ratio	0.40	0.40	0.43	0.44	0.55
P/FCF Ratio	4.19	4.23	6.86	45.64	-283.39
P/OCF Ratio	3.75	3.78	4.99	14.42	29.13
EV/Sales Ratio	0.05	0.19	0.29	0.42	0.62
EV/EBITDA Ratio	0.38	1.59	2.17	2.93	5.74
EV/EBIT Ratio	0.39	1.65	2.25	3.01	5.96
EV/FCF Ratio	0.20	0.73	1.76	16.59	-125.59
Leverage & Capital
Net Debt / Equity Ratio	-0.38	-0.38	-0.36	-0.32	-0.31
Net Debt / EBITDA Ratio	-7.52	-8.70	-7.09	-5.91	-7.21
Net Debt / FCF Ratio	-3.99	-3.99	-5.73	-33.45	157.80
Efficiency & Liquidity
Asset Turnover	0.21	0.21	—	—	0.18
Quick Ratio	0.55	0.55	0.52	0.42	—
Current Ratio	1.16	1.16	1.19	1.17	—
Returns & Yields
Return on Equity (ROE)	+5.9%	+1.7%	+5.4%	+9.1%	+11.5%
Return on Assets (ROA)	+0.7%	+0.6%	—	—	+1.2%
Return on Invested Capital (ROIC)	+0.5%	+0.4%	+1.4%	+2.3%	+0.9%
Earnings Yield	+14.1%	+12.2%	+14.7%	+15.2%	+10.4%
FCF Yield	+23.9%	+23.7%	+14.6%	+2.2%	-0.4%
Dividend Yield	+4.5%	+4.7%	—	—	—
Payout Ratio	+32.3%	0.0%	—	+76.4%	+47.6%
Total Shareholder Return	+4.5%	+4.7%	—	—	—

1-5

	CurrentMar 10, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Market & Price
Market Capitalization	381.15M	384.62M	381.15M	386.93M	442.37M
Market Cap Growth	-52.2%	-34.7%	-33.3%	-6.9%	-22.6%
Enterprise Value	18.32M	66.10M	97.60M	140.60M	196.04M
Last Close Price	3.30	3.18	3.15	3.20	3.51
Valuation Multiples
PE Ratio	7.11	8.23	6.82	6.57	9.59
PS Ratio	1.07	1.11	1.12	1.17	1.39
PB Ratio	0.40	0.40	0.43	0.44	0.55
P/TBV Ratio	0.40	0.40	0.43	0.44	0.55
P/FCF Ratio	4.19	4.23	6.86	45.64	-283.39
P/OCF Ratio	3.75	3.78	4.99	14.42	29.13
EV/Sales Ratio	0.05	0.19	0.29	0.42	0.62
EV/EBITDA Ratio	0.38	1.59	2.17	2.93	5.74
EV/EBIT Ratio	0.39	1.65	2.25	3.01	5.96
EV/FCF Ratio	0.20	0.73	1.76	16.59	-125.59
Leverage & Capital
Net Debt / Equity Ratio	-0.38	-0.38	-0.36	-0.32	-0.31
Net Debt / EBITDA Ratio	-7.52	-8.70	-7.09	-5.91	-7.21
Net Debt / FCF Ratio	-3.99	-3.99	-5.73	-33.45	157.80
Efficiency & Liquidity
Asset Turnover	0.21	0.21	—	—	0.18
Quick Ratio	0.55	0.55	0.52	0.42	—
Current Ratio	1.16	1.16	1.19	1.17	—
Returns & Yields
Return on Equity (ROE)	+5.9%	+1.7%	+5.4%	+9.1%	+11.5%
Return on Assets (ROA)	+0.7%	+0.6%	—	—	+1.2%
Return on Invested Capital (ROIC)	+0.5%	+0.4%	+1.4%	+2.3%	+0.9%
Earnings Yield	+14.1%	+12.2%	+14.7%	+15.2%	+10.4%
FCF Yield	+23.9%	+23.7%	+14.6%	+2.2%	-0.4%
Dividend Yield	+4.5%	+4.7%	—	—	—
Payout Ratio	+32.3%	0.0%	—	+76.4%	+47.6%
Total Shareholder Return	+4.5%	+4.7%	—	—	—