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Solidarity Bahrain B.S.C BAX:SOLID Stock Report

Last Price

ب.د0.36

Market Cap

ب.د48.0m

7D

8.8%

1Y

23.3%

Updated

20 Nov, 2024

Data

Company Financials

Solidarity Bahrain B.S.C.

BAX:SOLID Stock Report

Market Cap: ب.د48.0m

SOLID Stock Overview

Provides insurance products in Bahrain. More details

SOLID fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends4/6

Solidarity Bahrain B.S.C. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Solidarity Bahrain B.S.C
Historical stock prices
Current Share Priceب.د0.36
52 Week Highب.د0.37
52 Week Lowب.د0.29
Beta-0.025
11 Month Change-2.70%
3 Month Change-3.74%
1 Year Change23.29%
33 Year Change35.85%
5 Year Change76.47%
Change since IPO298.26%

Recent News & Updates

Recent updates

Shareholder Returns

SOLIDBH InsuranceBH Market
7D8.8%1.8%-0.03%
1Y23.3%28.3%5.9%

Return vs Industry: SOLID underperformed the BH Insurance industry which returned 29% over the past year.

Return vs Market: SOLID exceeded the BH Market which returned 5.7% over the past year.

Price Volatility

Is SOLID's price volatile compared to industry and market?
SOLID volatility
SOLID Average Weekly Movementn/a
Insurance Industry Average Movement4.7%
Market Average Movement1.9%
10% most volatile stocks in BH Market4.9%
10% least volatile stocks in BH Market1.5%

Stable Share Price: SOLID's share price has been volatile over the past 3 months compared to the BH market.

Volatility Over Time: Insufficient data to determine SOLID's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1976188Sayed Mohammedwww.solidarity.com.bh

Solidarity Bahrain B.S.C. provides insurance products in Bahrain. It offers motor, home, travel, medical, pleasure craft, accident, cyber, and smart device insurance products to individuals. The company also provides property, engineering, general accident, liability, marine, and medical and life insurance products for corporate customers.

Solidarity Bahrain B.S.C. Fundamentals Summary

How do Solidarity Bahrain B.S.C's earnings and revenue compare to its market cap?
SOLID fundamental statistics
Market capب.د47.98m
Earnings (TTM)ب.د4.97m
Revenue (TTM)ب.د35.49m

9.6x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLID income statement (TTM)
Revenueب.د35.49m
Cost of Revenueب.د23.83m
Gross Profitب.د11.66m
Other Expensesب.د6.68m
Earningsب.د4.97m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.037
Gross Margin32.84%
Net Profit Margin14.01%
Debt/Equity Ratio0%

How did SOLID perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

67%

Payout Ratio