Earnings Per Share (EPS) Of 20 Non-Life Insurance Companies In Nepal

September 25, 2020 | Investopaper

Earnings Per Share (EPS) is the one of the important indicators while analyzing the profitability of the company. Higher EPS is more preferable to the investors as it will translate into higher dividends. Hence, investors value companies with greater EPS and provide higher share prices to those companies.

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Earnings Per Share (EPS) is calculated by dividing the net profit of the company by its total number of shares. Here, we have calculated the EPS of non-life (general) insurance companies of Nepal.

Note: The Earnings Per Share (EPS) of non-life (general) insurance companies is based on the unaudited fourth quarter report of the fiscal year 2076/77. Hence, after the audit, the numbers may vary.

The table below ranks the non-life insurance companies of Nepal based on the Earnings Per Share (EPS) for the fiscal year 2076/77.

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Earnings Per Share (EPS) Of 20 Non-Life Insurance Companies In Nepal

S.N Non-Life Insurance Companies In Nepal Earnings Per Share, EPS (Rs.)
1 Rastriya Beema Company 239.53
2 Sagarmatha Insurance Company Limited 35.78
3 Neco Insurance Company Limited 34.04
4 Premier Insurance Company Limited 32.93
5 Shikhar Insurance Company Limited 32.75
6 Siddhartha Insurance Company Limited 30.02
7 Prabhu Insurance Company Limited 24.05
8 Nepal Insurance Company Limited 21.59
9 NLG Insurance Company Limited 19.93
10 IME General Insurance Company Limited 19.44
11 Lumbini General Insurance Company Limited 17.88
12 Everest Insurance Company Limited 17.62
13 Himalayan General Insurance Company Limited 16.20
14 Prudential Insurance Company Limited 13.80
15 Sanima General Insurance Company Limited 7.94
16 General Insurance Company Limited 7.23
17 Ajod Insurance Company Limited 6.21
18 United Insurance Company Limited 3.32
19 National Insurance Company Limited
20 Oriental Insurance Company Limited

Source: Unaudited Fourth Quarterly Report, FY 2076/77

Note: National Insurance and Oriental Insurance are the branches of foreign insurance companies. Since, they have no capital, the per share earnings couldn’t be computed.

Conclusion

Among the 20 non-life insurance companies in Nepal, the state owned Rastriya Beema Company has the highest earnings per share (EPS) of Rs. 239.53. Sagarmatha Insurance is second to Rastriya Beema Company in terms of EPS with Rs 35.78. Similarly, Neco Insurance has the Earnings Per Share (EPS) of Rs 34.04. On the other hand, United Insurance Company has the lowest EPS of Rs 3.32.

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