Why Investors Shouldn't Be Surprised By Buruj Cooperative Insurance Company's (TADAWUL:8270) 25% Share Price Surge
Jan 16
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Saudi Arabian (Tadawul) Insurance Industry Analysis
UpdatedJan 19, 2025
DataAggregated Company Financials
Companies27
- 7D-0.6%
- 3M4.6%
- 1Y22.4%
- YTD1.6%
The Insurance industry has been flat over the last week, but Al Rajhi Company for Cooperative Insurance has lost 3.5%. As for the the longer term, the industry is up 22% over the past 12 months. Looking forward, earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Saudi Arabian Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 Jan 2025 | ر.س104.4b | ر.س61.5b | ر.س4.2b | 19.2x | 24.9x | 1.7x |
| Tue, 17 Dec 2024 | ر.س98.3b | ر.س61.6b | ر.س4.2b | 18x | 23.2x | 1.6x |
| Thu, 14 Nov 2024 | ر.س92.3b | ر.س61.0b | ر.س4.2b | 20x | 22x | 1.5x |
| Sat, 12 Oct 2024 | ر.س95.8b | ر.س59.0b | ر.س3.8b | 22.6x | 25x | 1.6x |
| Mon, 09 Sep 2024 | ر.س106.6b | ر.س59.0b | ر.س3.8b | 24.8x | 27.8x | 1.8x |
| Wed, 07 Aug 2024 | ر.س101.5b | ر.س57.9b | ر.س3.6b | 20.6x | 27.8x | 1.8x |
| Fri, 05 Jul 2024 | ر.س108.5b | ر.س57.1b | ر.س3.7b | 22.7x | 29.4x | 1.9x |
| Sun, 02 Jun 2024 | ر.س92.8b | ر.س56.3b | ر.س3.6b | 22.2x | 25.9x | 1.6x |
| Tue, 30 Apr 2024 | ر.س96.2b | ر.س54.4b | ر.س3.3b | 24.1x | 29.5x | 1.8x |
| Thu, 28 Mar 2024 | ر.س98.9b | ر.س52.9b | ر.س3.0b | 23.3x | 33.2x | 1.9x |
| Sat, 24 Feb 2024 | ر.س86.4b | ر.س52.4b | ر.س3.1b | 17.1x | 27.8x | 1.6x |
| Mon, 22 Jan 2024 | ر.س79.4b | ر.س52.1b | ر.س3.2b | 19x | 24.7x | 1.5x |
| Wed, 20 Dec 2023 | ر.س76.4b | ر.س52.1b | ر.س3.2b | 16.8x | 23.7x | 1.5x |
| Fri, 17 Nov 2023 | ر.س73.2b | ر.س52.2b | ر.س3.0b | 18.2x | 24.1x | 1.4x |
| Sun, 15 Oct 2023 | ر.س73.2b | ر.س49.2b | ر.س2.6b | 20.2x | 28.4x | 1.5x |
| Tue, 12 Sep 2023 | ر.س74.9b | ر.س49.4b | ر.س2.6b | 21x | 29.2x | 1.5x |
| Thu, 10 Aug 2023 | ر.س69.0b | ر.س46.0b | ر.س1.4b | 33.9x | 49x | 1.5x |
| Sat, 08 Jul 2023 | ر.س72.4b | ر.س45.5b | ر.س1.2b | 39.4x | 59.8x | 1.6x |
| Mon, 05 Jun 2023 | ر.س63.6b | ر.س42.8b | ر.س722.5m | 41.3x | 88.1x | 1.5x |
| Wed, 03 May 2023 | ر.س60.3b | ر.س42.6b | ر.س746.4m | 38.1x | 80.7x | 1.4x |
| Fri, 31 Mar 2023 | ر.س58.2b | ر.س41.2b | ر.س207.4m | 38.6x | 280.7x | 1.4x |
| Sun, 26 Feb 2023 | ر.س54.4b | ر.س39.9b | -ر.س4,702,647.00 | 38.2x | -11559.9x | 1.4x |
| Tue, 24 Jan 2023 | ر.س50.7b | ر.س39.9b | -ر.س4,702,647.00 | 35.6x | -10791.6x | 1.3x |
| Thu, 22 Dec 2022 | ر.س48.8b | ر.س39.9b | -ر.س4,702,647.00 | 33.1x | -10371x | 1.2x |
| Sat, 19 Nov 2022 | ر.س50.4b | ر.س39.8b | -ر.س59,481,599.00 | 33.9x | -847.9x | 1.3x |
| Mon, 17 Oct 2022 | ر.س51.2b | ر.س37.6b | -ر.س448,567,685.00 | 70.2x | -114.1x | 1.4x |
| Wed, 14 Sep 2022 | ر.س50.6b | ر.س37.6b | -ر.س448,567,685.00 | 71.5x | -112.8x | 1.3x |
| Fri, 12 Aug 2022 | ر.س48.6b | ر.س35.9b | -ر.س324,410,890.00 | 41.1x | -149.7x | 1.4x |
| Sun, 10 Jul 2022 | ر.س46.9b | ر.س35.9b | -ر.س324,410,890.00 | 37.8x | -144.5x | 1.3x |
| Tue, 07 Jun 2022 | ر.س51.1b | ر.س35.9b | -ر.س324,410,890.00 | 41x | -157.5x | 1.4x |
| Thu, 05 May 2022 | ر.س52.8b | ر.س35.0b | -ر.س82,770,259.00 | 35.8x | -637.7x | 1.5x |
| Sat, 02 Apr 2022 | ر.س56.7b | ر.س34.6b | ر.س196.7m | 34.5x | 288x | 1.6x |
| Mon, 28 Feb 2022 | ر.س57.1b | ر.س34.0b | ر.س567.2m | 43.3x | 100.7x | 1.7x |
| Wed, 26 Jan 2022 | ر.س54.6b | ر.س34.0b | ر.س568.2m | 45.7x | 96x | 1.6x |
Price to Earnings Ratio
96x
Current Industry PE
- Investors are pessimistic on the Saudi Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 24.9x which is higher than its 3-year average PE of -1kx.
- The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 95% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Financials industry?
| SA Market | 1.19% | |
| Financials | 1.91% | |
| Insurance | -0.62% | |
| Life and Health Insurance | 0.89% | |
| Property and Casualty Insurance | 0.29% | |
| Insurance Brokers | 0% | |
| General Insurance | -1.74% | |
| Reinsurance | -6.53% | |
Industry PE
- Investors are most optimistic about the Property and Casualty Insurance industry which is trading above its 3-year average PE ratio of 2.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 32.4x.
Forecasted Growth
- Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings decline of 12% per year.
- In contrast, the Reinsurance industry is expected to see its earnings decline by 70% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 8270 Buruj Cooperative Insurance | ر.س23.46 | 14.4% +ر.س88.8m | 4.0% | PE51.4x | |
| 8060 Walaa Cooperative Insurance | ر.س20.90 | 2.9% +ر.س49.3m | 15.7% | PE13.7x | |
| 8250 Gulf Insurance Group | ر.س31.30 | 1.3% +ر.س21.0m | -4.7% | PE21.6x | |
| 8280 Liva Insurance | ر.س17.80 | 2.8% +ر.س19.2m | -3.1% | PE24.9x | |
| 8170 Al-Etihad Cooperative Insurance | ر.س17.94 | 2.2% +ر.س19.0m | 5.9% | PE11.2x |
