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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 Feb 2023 | ر.س26.3b | ر.س23.1b | -ر.س412,919,178.00 | 38.6x | -63.7x | 1.1x |
| Fri, 06 Jan 2023 | ر.س23.8b | ر.س23.1b | -ر.س412,919,178.00 | 35.1x | -57.6x | 1x |
| Sun, 04 Dec 2022 | ر.س23.4b | ر.س23.1b | -ر.س412,919,178.00 | 33.6x | -56.7x | 1x |
| Tue, 01 Nov 2022 | ر.س24.7b | ر.س21.8b | -ر.س628,285,508.00 | 72.7x | -39.3x | 1.1x |
| Thu, 29 Sep 2022 | ر.س24.0b | ر.س21.8b | -ر.س628,285,508.00 | 64.3x | -38.1x | 1.1x |
| Sat, 27 Aug 2022 | ر.س24.2b | ر.س21.8b | -ر.س647,582,415.00 | 65.2x | -37.4x | 1.1x |
| Mon, 25 Jul 2022 | ر.س21.2b | ر.س20.9b | -ر.س572,504,628.00 | 40.3x | -37.1x | 1x |
| Wed, 22 Jun 2022 | ر.س22.8b | ر.س20.9b | -ر.س572,504,628.00 | 43.2x | -39.7x | 1.1x |
| Fri, 20 May 2022 | ر.س23.0b | ر.س20.8b | -ر.س488,144,314.00 | 38.8x | -47.1x | 1.1x |
| Sun, 17 Apr 2022 | ر.س26.4b | ر.س20.4b | -ر.س408,499,314.00 | 34.2x | -64.6x | 1.3x |
| Tue, 15 Mar 2022 | ر.س27.9b | ر.س20.5b | ر.س79.9m | 36.3x | 349.3x | 1.4x |
| Thu, 10 Feb 2022 | ر.س30.3b | ر.س20.1b | ر.س101.0m | 47.2x | 299.6x | 1.5x |
| Sat, 08 Jan 2022 | ر.س29.6b | ر.س20.1b | ر.س101.0m | 45.4x | 293.4x | 1.5x |
| Mon, 06 Dec 2021 | ر.س30.2b | ر.س20.1b | ر.س101.0m | 50.9x | 298.8x | 1.5x |
| Wed, 03 Nov 2021 | ر.س32.1b | ر.س19.7b | ر.س392.3m | n/a | 81.8x | 1.6x |
| Fri, 01 Oct 2021 | ر.س32.6b | ر.س19.7b | ر.س392.3m | 55.5x | 83.2x | 1.7x |
| Sun, 29 Aug 2021 | ر.س34.2b | ر.س19.7b | ر.س392.3m | 57.6x | 87.1x | 1.7x |
| Mon, 05 Jul 2021 | ر.س33.5b | ر.س19.7b | ر.س392.3m | 66.5x | 85.3x | 1.7x |
| Thu, 08 Apr 2021 | ر.س32.3b | ر.س18.9b | ر.س835.6m | 33.6x | 38.6x | 1.7x |
| Sun, 10 Jan 2021 | ر.س30.6b | ر.س19.5b | ر.س806.4m | 30.5x | 37.9x | 1.6x |
| Sat, 03 Oct 2020 | ر.س32.0b | ر.س19.7b | ر.س972.0m | 30.5x | 32.9x | 1.6x |
| Tue, 07 Jul 2020 | ر.س22.6b | ر.س19.9b | ر.س891.7m | 20.7x | 25.3x | 1.1x |
| Fri, 10 Apr 2020 | ر.س18.5b | ر.س20.4b | ر.س399.3m | 37.5x | 46.4x | 0.9x |
Price to Earnings Ratio
58.5x
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 Insurance | 2.01% | |
| Reinsurance | 6.63% | |
| Property and Casualty Insurance | 0.74% | |
| Insurance Brokers | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 8010 Company for Cooperative Insurance | ر.س88.60 | 5.5% +ر.س575.0m | 11.4% | PE34.4x | |
| 8250 Gulf Insurance Group | ر.س29.20 | 2.3% +ر.س32.5m | -13.9% | PE14.4x | |
| 8050 Salama Cooperative Insurance | ر.س16.22 | 15.9% +ر.س22.2m | -64.6% | PS0.3x | |
| 8312 Alinma Tokio Marine | ر.س15.64 | 4.5% +ر.س20.4m | -49.1% | PS2.1x | |
| 8240 Chubb Arabia Cooperative Insurance | ر.س18.54 | 3.1% +ر.س16.8m | -45.6% | PE269.3x |