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Saudi Arabian (Tadawul) Insurance Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies28
  • 7D-1.3%
  • 3M-3.3%
  • 1Y-12.6%
  • YTD-13.0%

Over the last 7 days, the Insurance industry has dropped 1.3%, and Allianz Saudi Fransi Cooperative Insurance contributed the most with a 11% decline. However, the industry is down 13% over the past year. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

Has the Saudi Arabian Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022ر.س50.0bر.س39.9b-ر.س1,561,721.0032.4x-32018.1x1.3x
Thu, 27 Oct 2022ر.س52.3bر.س37.6b-ر.س433,937,940.0071x-120.4x1.4x
Sat, 24 Sep 2022ر.س50.2bر.س37.6b-ر.س448,567,685.0067.5x-111.9x1.3x
Mon, 22 Aug 2022ر.س50.6bر.س37.2b-ر.س353,503,762.0060.3x-143.2x1.4x
Wed, 20 Jul 2022ر.س46.3bر.س35.9b-ر.س324,410,890.0036.7x-142.7x1.3x
Fri, 17 Jun 2022ر.س49.6bر.س35.9b-ر.س324,410,890.0044x-152.9x1.4x
Sun, 15 May 2022ر.س50.1bر.س35.1b-ر.س106,824,259.0040.6x-469.3x1.4x
Tue, 12 Apr 2022ر.س55.8bر.س34.6b-ر.س34,728,259.0041.6x-1605.5x1.6x
Thu, 10 Mar 2022ر.س56.2bر.س34.3bر.س676.5m36.3x83x1.6x
Sat, 05 Feb 2022ر.س57.1bر.س34.0bر.س568.2m45.9x100.5x1.7x
Mon, 03 Jan 2022ر.س53.3bر.س34.0bر.س568.2m31.4x93.7x1.6x
Wed, 01 Dec 2021ر.س54.9bر.س34.0bر.س575.4m31.4x95.4x1.6x
Fri, 29 Oct 2021ر.س57.4bر.س33.5bر.س897.6m47.6x63.9x1.7x
Sun, 26 Sep 2021ر.س59.9bر.س33.5bر.س897.6m49.9x66.8x1.8x
Tue, 24 Aug 2021ر.س62.1bر.س33.5bر.س897.6m50.7x69.2x1.9x
Wed, 30 Jun 2021ر.س57.5bر.س33.5bر.س897.6m54.3x64x1.7x
Sat, 03 Apr 2021ر.س54.2bر.س32.7bر.س1.5b31.8x36.7x1.7x
Tue, 05 Jan 2021ر.س52.0bر.س33.4bر.س1.4b26.7x37x1.6x
Fri, 09 Oct 2020ر.س53.5bر.س33.4bر.س1.6b30.8x33.4x1.6x
Thu, 02 Jul 2020ر.س39.4bر.س33.3bر.س1.6b24.8x24.6x1.2x
Sun, 05 Apr 2020ر.س32.9bر.س33.5bر.س854.0m34.6x38.6x1x
Wed, 08 Jan 2020ر.س38.7bر.س32.8bر.س893.1m29.5x43.4x1.2x
Price to Earnings Ratio

278x


Total Market Cap: ر.س35.8bTotal Earnings: ر.س128.6mTotal Revenue: ر.س32.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Insurance Industry Price to Earnings3Y Average -67x202020212022
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 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • Total earnings for the Insurance industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 7.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Saudi Arabian Financials industry?

SA Market-1.95%
Financials-2.14%
Insurance-1.28%
Life and Health Insurance0.39%
Insurance Brokers0%
Reinsurance-1.30%
General Insurance-1.93%
Property and Casualty Insurance-7.89%
Industry PE
  • Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio of 33.7x.
    • Analysts are expecting annual earnings growth of 28.7%, which is higher than its past year's earnings growth of 2.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Property and Casualty Insurance industry, expecting annual earnings growth of 113% over the next 5 years.
  • This is better than its past earnings decline of 38% per year.
  • In contrast, the Life and Health Insurance industry is expected to see its earnings grow by 29% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
8210 Bupa Arabia for Cooperative Insuranceر.س181.000.4%
+ر.س95.6m
31.2%PE31.3x
8250 Gulf Insurance Groupر.س26.002.6%
+ر.س32.5m
-19.3%PE12.8x
8120 Gulf Union Alahlia Cooperative Insuranceر.س9.881.9%
+ر.س8.3m
-44.5%PS0.9x
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Latest News

8060

ر.س13.18

Walaa Cooperative Insurance

7D

-4.6%

1Y

-32.3%

8250

ر.س26.00

Gulf Insurance Group

7D

2.6%

1Y

-19.3%

8020

ر.س11.48

Malath Cooperative Insurance

7D

-9.0%

1Y

-52.8%

8210

ر.س181.00

Bupa Arabia for Cooperative Insurance

7D

0.4%

1Y

31.2%

8010

ر.س78.90

Company for Cooperative Insurance

7D

-0.4%

1Y

1.7%

8240

ر.س16.12

Chubb Arabia Cooperative Insurance

7D

-5.7%

1Y

-54.1%

8170

ر.س14.50

Al-Etihad Cooperative Insurance

7D

-5.0%

1Y

-18.0%

8280

ر.س12.18

Al Alamiya for Cooperative Insurance

7D

-8.4%

1Y

-49.9%

8040

ر.س13.08

Allianz Saudi Fransi Cooperative Insurance

7D

-5.9%

1Y

-49.1%