General Insurance Corporation of India Analysis

dividend

Pros

• General Insurance Corporation of India's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
• General Insurance Corporation of India's dividend is above the markets top 25% of dividend payers in India (3.08%).

Cons

• General Insurance Corporation of India has only been paying a dividend for 2 years, and since then there has been no growth.
• The company is paying a dividend however it is incurring a loss.
• Whilst dividend payments have been stable, General Insurance Corporation of India has been paying a dividend for less than 10 years.

health

Pros

• General Insurance Corporation of India has been profitable on average in the past, therefore cash runway is not a concern.
• General Insurance Corporation of India has been profitable on average in the past, therefore cash runway is not a concern.
• General Insurance Corporation of India has no debt, it does not need to be covered by operating cash flow.
• General Insurance Corporation of India has no debt, it does not need to be covered by short term assets.
• General Insurance Corporation of India has no long term commitments.
• General Insurance Corporation of India has not taken on any debt in the past 5 years.
• General Insurance Corporation of India has no debt, therefore coverage of interest payments is not a concern.
• General Insurance Corporation of India has no debt.
• Low level of unsold assets.

Cons

• General Insurance Corporation of India's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

management

Pros

• Devesh's remuneration is lower than average for companies of similar size in India.

Cons

• The average tenure for the General Insurance Corporation of India board of directors is less than 3 years, this suggests a new board.
• The average tenure for the General Insurance Corporation of India management team is less than 2 years, this suggests a new team.

misc

Pros

Cons

• General Insurance Corporation of India is not covered by any analysts.
• General Insurance Corporation of India has significant price volatility in the past 3 months.

past

Pros

Cons

• Unable to compare General Insurance Corporation of India's 1-year earnings growth to the 5-year average as it is not currently profitable.
• General Insurance Corporation of India does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
• It is difficult to establish if General Insurance Corporation of India has efficiently used its assets last year compared to the IN Insurance industry average (Return on Assets) as it is loss-making.
• It is difficult to establish if General Insurance Corporation of India improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
• It is difficult to establish if General Insurance Corporation of India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
• Unable to compare General Insurance Corporation of India's 1-year growth to the IN Insurance industry average as it is not currently profitable.

value

Pros

• General Insurance Corporation of India is good value based on assets compared to the IN Insurance industry average.
• NSEI:GICRE is up 7.8% outperforming the Insurance industry which returned 3.6% over the past month.
• NSEI:GICRE is up 7.8% along with the India market (8%) over the past month.

Cons

• General Insurance Corporation of India is loss making, we can't compare its value to the IN Insurance industry average.
• General Insurance Corporation of India is loss making, we can't compare the value of its earnings to the India market.
• GICRE underperformed the Insurance industry which returned -7.3% over the past year.
• GICRE underperformed the Market in India which returned -14.5% over the past year.