The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company / Fundamentals

    Income statement

    Net revenue
    €829.09M
    Cost of goods sold
    €25.19M
    Gross profit
    €803.91M
    SG&A expenses
    €1.92M
    R&D expenses
    €0.00
    EBITDA
    €27.32M
    D&A
    €3.55M
    EBIT
    €426.05M
    Interest expenses
    €0.00
    EBT
    €23.01M
    Tax expenses
    €1.16M
    Net income
    €21.85M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    -€4.59M
    Changes in working capital
    €2.85M
    Operating cash flow
    €26.18M
    Capex
    €2.28M
    Other investing cash flow
    €20.98M
    Net investing cash flow
    €6.04M
    Total cash dividends paid
    €0.00
    Issuance of common stock
    €0.00
    Debt repayment
    -€1.29M
    Other financing cash flow
    -€1.13M
    Net financing cash flow
    -€2.24M
    Foreign exchange effects
    €0.00
    Net change in cash
    €29.98M
    Cash at end of period
    €181.37M
    Free cash flow
    €28.46M

    Balance sheet

    Cash and cash equivalents
    €157.30M
    Cash and short-term investments
    €176.04M
    Total receivables
    €0.00
    Inventory
    €0.00
    Other current assets
    -€176.04M
    Total current assets
    €0.00
    Property, plant & equipment
    €10.30M
    Goodwill
    €109.99M
    Intangible assets
    €2.68M
    Long-term investments
    €237.88M
    Other non-current assets
    -€363.25M
    Total non-current assets
    €0.00
    Total assets
    €699.74M
    Accounts payable
    €0.00
    Short-term debt
    €2.23M
    Other current liabilities
    -€2.23M
    Total current liabilities
    €0.00
    Long-term debt
    €3.02M
    Deferred tax liabilities
    €2.48M
    Other non-current liabilities
    -€5.50M
    Total non-current liabilities
    €0.00
    Total liabilities
    €458.95M
    Common stock
    €240.61M
    Retained earnings
    -€31.05M
    Other equity
    €0.00
    Total equity
    €240.79M
    Total liabilities and shareholders' equity
    €699.74M

    Company information

    Market capitalization
    €2.08B
    Employees
    748
    Enterprise Value
    €1.49B

    Company ratios

    Gross margin
    97.0% Better than peer group: 82.6%
    EBITDA margin
    3.3% Even with peer group: 7.0%
    EBIT margin
    51.4% Much better than peer group: 17.8%
    EBT margin
    2.8% Even with peer group: 7.1%
    Net margin
    2.6% Even with peer group: 4.6%
    ROE
    9.1% Worse than peer group: 14.9%
    ROA
    3.1% Even with peer group: 2.1%
    Asset turnover
    118.5% Much better than peer group: 70.7%
    FCF margin
    2.9% Worse than peer group: 8.1%
    FCF yield
    1.1%
    Efficiency ratio
    96.7%
    Net sales per employee
    €1.11M
    Net income per employee
    €29.22K

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