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Saudi Arabian (Tadawul) General Insurance Industry Analysis

UpdatedFeb 08, 2023
DataAggregated Company Financials
Companies19
  • 7D2.0%
  • 3M5.4%
  • 1Y-21.0%
  • YTD9.5%

Over the last 7 days, the General Insurance industry has risen 2.0%, driven by gains from Company for Cooperative Insurance of 5.5%. In contrast, the industry has lost 21% in the last 12 months. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Feb 2023ر.س26.3bر.س23.1b-ر.س412,919,178.0038.6x-63.7x1.1x
Fri, 06 Jan 2023ر.س23.8bر.س23.1b-ر.س412,919,178.0035.1x-57.6x1x
Sun, 04 Dec 2022ر.س23.4bر.س23.1b-ر.س412,919,178.0033.6x-56.7x1x
Tue, 01 Nov 2022ر.س24.7bر.س21.8b-ر.س628,285,508.0072.7x-39.3x1.1x
Thu, 29 Sep 2022ر.س24.0bر.س21.8b-ر.س628,285,508.0064.3x-38.1x1.1x
Sat, 27 Aug 2022ر.س24.2bر.س21.8b-ر.س647,582,415.0065.2x-37.4x1.1x
Mon, 25 Jul 2022ر.س21.2bر.س20.9b-ر.س572,504,628.0040.3x-37.1x1x
Wed, 22 Jun 2022ر.س22.8bر.س20.9b-ر.س572,504,628.0043.2x-39.7x1.1x
Fri, 20 May 2022ر.س23.0bر.س20.8b-ر.س488,144,314.0038.8x-47.1x1.1x
Sun, 17 Apr 2022ر.س26.4bر.س20.4b-ر.س408,499,314.0034.2x-64.6x1.3x
Tue, 15 Mar 2022ر.س27.9bر.س20.5bر.س79.9m36.3x349.3x1.4x
Thu, 10 Feb 2022ر.س30.3bر.س20.1bر.س101.0m47.2x299.6x1.5x
Sat, 08 Jan 2022ر.س29.6bر.س20.1bر.س101.0m45.4x293.4x1.5x
Mon, 06 Dec 2021ر.س30.2bر.س20.1bر.س101.0m50.9x298.8x1.5x
Wed, 03 Nov 2021ر.س32.1bر.س19.7bر.س392.3mn/a81.8x1.6x
Fri, 01 Oct 2021ر.س32.6bر.س19.7bر.س392.3m55.5x83.2x1.7x
Sun, 29 Aug 2021ر.س34.2bر.س19.7bر.س392.3m57.6x87.1x1.7x
Mon, 05 Jul 2021ر.س33.5bر.س19.7bر.س392.3m66.5x85.3x1.7x
Thu, 08 Apr 2021ر.س32.3bر.س18.9bر.س835.6m33.6x38.6x1.7x
Sun, 10 Jan 2021ر.س30.6bر.س19.5bر.س806.4m30.5x37.9x1.6x
Sat, 03 Oct 2020ر.س32.0bر.س19.7bر.س972.0m30.5x32.9x1.6x
Tue, 07 Jul 2020ر.س22.6bر.س19.9bر.س891.7m20.7x25.3x1.1x
Fri, 10 Apr 2020ر.س18.5bر.س20.4bر.س399.3m37.5x46.4x0.9x
Price to Earnings Ratio

58.5x


Total Market Cap: ر.س21.6bTotal Earnings: ر.س368.9mTotal Revenue: ر.س20.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian General Insurance Industry Price to Earnings3Y Average 39x202120222023
Current Industry PE
  • Investors are pessimistic on the Saudi Multi-line Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • Total earnings for the Multi-line Insurance industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 4.6% 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 Comparison

How does Saudi Arabian General Insurance compare with similar industries?

SA Market-2.60%
Financials-4.07%
Insurance-0.034%
General Insurance2.01%
Reinsurance6.63%
Property and Casualty Insurance0.74%
Insurance Brokers0%
Life and Health Insurance-2.75%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
8010 Company for Cooperative Insuranceر.س88.605.5%
+ر.س575.0m
11.4%PE34.4x
8250 Gulf Insurance Groupر.س29.202.3%
+ر.س32.5m
-13.9%PE14.4x
8050 Salama Cooperative Insuranceر.س16.2215.9%
+ر.س22.2m
-64.6%PS0.3x
8312 Alinma Tokio Marineر.س15.644.5%
+ر.س20.4m
-49.1%PS2.1x
8240 Chubb Arabia Cooperative Insuranceر.س18.543.1%
+ر.س16.8m
-45.6%PE269.3x
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Latest News

8170

ر.س16.80

Al-Etihad Cooperative Insurance

7D

-0.7%

1Y

-5.4%

8260

ر.س7.90

Gulf General Cooperative Insurance

7D

-2.8%

1Y

-34.8%

8040

ر.س15.00

Allianz Saudi Fransi Cooperative Insurance

7D

1.4%

1Y

-41.5%

8310

ر.س10.64

Amana Cooperative Insurance

7D

1.9%

1Y

-67.7%

8300

ر.س16.06

Wataniya Insurance

7D

-3.3%

1Y

-58.8%

8160

ر.س11.04

Arabia Insurance Cooperative

7D

-2.6%

1Y

-70.7%

8060

ر.س14.46

Walaa Cooperative Insurance

7D

-3.5%

1Y

-25.1%

8250

ر.س29.20

Gulf Insurance Group

7D

2.3%

1Y

-13.9%

8240

ر.س18.54

Chubb Arabia Cooperative Insurance

7D

3.1%

1Y

-45.6%

8050

ر.س16.22

Salama Cooperative Insurance

7D

15.9%

1Y

-64.6%

8312

ر.س15.64

Alinma Tokio Marine

7D

4.5%

1Y

-49.1%

8012

ر.س17.94

Aljazira Takaful Taawuni

7D

-2.8%

1Y

-13.8%

8030

ر.س9.71

Mediterranean and Gulf Cooperative Insurance and Reinsurance

7D

-1.7%

1Y

-49.1%