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Saudi Arabian (Tadawul) General Insurance Industry Analysis

UpdatedJun 15, 2024
DataAggregated Company Financials
Companies18
  • 7D4.6%
  • 3M-4.1%
  • 1Y55.3%
  • YTDn/a

Over the last 7 days, the General Insurance industry has risen 4.6%, driven by gains from Al Rajhi Company for Cooperative Insurance of 8.9%. This takes the industry's 12 month performance to a gain of 55%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Jun 2024ر.س54.5bر.س35.2bر.س2.3b15.3x24.1x1.5x
Tue, 14 May 2024ر.س55.6bر.س34.2bر.س2.2b18.9x25.5x1.6x
Thu, 11 Apr 2024ر.س53.2bر.س33.5bر.س2.1b16.1x25.7x1.6x
Sat, 09 Mar 2024ر.س50.8bر.س31.8bر.س2.0b18.6x25.8x1.6x
Mon, 05 Feb 2024ر.س40.9bر.س32.2bر.س2.0b15.6x20.6x1.3x
Wed, 03 Jan 2024ر.س43.6bر.س32.2bر.س2.0b16.2x22x1.4x
Fri, 01 Dec 2023ر.س39.2bر.س32.2bر.س1.9b15.8x20.5x1.2x
Sun, 29 Oct 2023ر.س36.2bر.س30.3bر.س1.3b18.7x28.4x1.2x
Tue, 26 Sep 2023ر.س37.3bر.س30.5bر.س1.3b20.6x29.3x1.2x
Thu, 24 Aug 2023ر.س38.2bر.س29.4bر.س1.1b22.1x36.1x1.3x
Sat, 22 Jul 2023ر.س39.3bر.س28.0bر.س416.6m33.1x94.4x1.4x
Mon, 19 Jun 2023ر.س35.1bر.س25.8bر.س60.8m51x576.5x1.4x
Wed, 17 May 2023ر.س31.3bر.س25.5bر.س84.7m48.5x370x1.2x
Fri, 14 Apr 2023ر.س28.3bر.س24.8bر.س82.2m46x343.7x1.1x
Sun, 12 Mar 2023ر.س26.5bر.س23.1b-ر.س412,919,178.0038.9x-64.3x1.1x
Tue, 07 Feb 2023ر.س26.5bر.س23.1b-ر.س412,919,178.0038.7x-64.1x1.1x
Thu, 05 Jan 2023ر.س23.6bر.س23.1b-ر.س412,919,178.0035.1x-57.2x1x
Sat, 03 Dec 2022ر.س23.4bر.س23.1b-ر.س409,778,252.0033.6x-57.1x1x
Mon, 31 Oct 2022ر.س24.9bر.س21.8b-ر.س628,285,508.0072x-39.6x1.1x
Wed, 28 Sep 2022ر.س23.0bر.س21.8b-ر.س628,285,508.0061.9x-36.6x1.1x
Fri, 26 Aug 2022ر.س24.3bر.س21.8b-ر.س644,281,566.0065.2x-37.7x1.1x
Sun, 24 Jul 2022ر.س20.9bر.س20.9b-ر.س572,504,628.0039.8x-36.6x1x
Tue, 21 Jun 2022ر.س22.4bر.س20.9b-ر.س572,504,628.0043.4x-39.1x1.1x
Thu, 19 May 2022ر.س23.4bر.س20.8b-ر.س488,144,314.0039.9x-48x1.1x
Sat, 16 Apr 2022ر.س26.4bر.س20.4b-ر.س408,499,314.0034.2x-64.6x1.3x
Mon, 14 Mar 2022ر.س28.5bر.س20.5bر.س79.9m36.9x356x1.4x
Wed, 09 Feb 2022ر.س30.5bر.س20.1bر.س101.0m47.9x301.7x1.5x
Fri, 07 Jan 2022ر.س29.6bر.س20.1bر.س101.0mn/a292.9x1.5x
Sun, 05 Dec 2021ر.س29.8bر.س20.1bر.س101.0m51x295.5x1.5x
Tue, 02 Nov 2021ر.س32.1bر.س19.7bر.س392.3m54.2x81.9x1.6x
Thu, 30 Sep 2021ر.س32.7bر.س19.7bر.س392.3m55.1x83.3x1.7x
Sat, 28 Aug 2021ر.س34.3bر.س19.7bر.س392.3m57.2x87.4x1.7x
Sun, 04 Jul 2021ر.س33.5bر.س19.7bر.س392.3m66.5x85.3x1.7x
Price to Earnings Ratio

85.3x


Total Market Cap: ر.س33.5bTotal Earnings: ر.س392.3mTotal Revenue: ر.س19.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian General Insurance Industry Price to Earnings3Y Average 58.1x202220232024
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 industry is trading at a PE ratio of 24.2x which is lower than its 3-year average PE of 58.1x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Multi-line Insurance industry have grown 79% per year over the last three years.
  • Revenues for these companies have grown 21% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Saudi Arabian General Insurance compare with similar industries?

SA Market-1.57%
Financials0.069%
Insurance5.38%
General Insurance4.65%
Life and Health Insurance6.88%
Reinsurance5.37%
Property and Casualty Insurance0.42%
Insurance Brokers0%
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
8230 Al Rajhi Company for Cooperative Insuranceر.س159.608.9%
+ر.س1.3b
212.7%PE42.2x
8010 Company for Cooperative Insuranceر.س139.202.7%
+ر.س540.0m
26.4%PE28.3x
8070 Arabian Shield Cooperative Insuranceر.س21.266.5%
+ر.س103.8m
0.8%PE29.2x
8040 Allianz Saudi Fransi Cooperative Insuranceر.س18.309.8%
+ر.س98.0m
8.2%PE29.3x
8300 Wataniya Insuranceر.س28.308.4%
+ر.س88.0m
52.8%PE11.6x
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Latest News

8030

ر.س27.90

Mediterranean and Gulf Cooperative Insurance and Reinsurance

7D

2.6%

1Y

192.1%

8230

ر.س159.60

Al Rajhi Company for Cooperative Insurance

7D

8.9%

1Y

212.7%

8040

ر.س18.30

Allianz Saudi Fransi Cooperative Insurance

7D

9.8%

1Y

8.2%

8240

ر.س32.00

Chubb Arabia Cooperative Insurance

7D

6.7%

1Y

54.3%

8010

ر.س139.20

Company for Cooperative Insurance

7D

2.7%

1Y

26.4%

8070

ر.س21.26

Arabian Shield Cooperative Insurance

7D

6.5%

1Y

0.8%

8012

ر.س17.80

Aljazira Takaful Taawuni

7D

-3.1%

1Y

4.7%

8300

ر.س28.30

Wataniya Insurance

7D

8.4%

1Y

52.8%