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Solidarity Bahrain B.S.CBAX:SOLID Stock Report

Market Cap ب.د47.3m
Share Price
n/a
1Y14.1%
7D1.1%
Portfolio Value
View

Solidarity Bahrain B.S.C.

BAX:SOLID Stock Report

Market Cap: ب.د47.3m

SOLID Stock Overview

Provides insurance products in Bahrain. More details

SOLID fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health3/6
Dividends4/6

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Solidarity Bahrain B.S.C. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Solidarity Bahrain B.S.C
Historical stock prices
Current Share Priceب.د0.35
52 Week Highب.د0.39
52 Week Lowب.د0.31
Beta-0.039
1 Month Change-8.97%
3 Month Change-1.39%
1 Year Change14.15%
3 Year Change9.23%
5 Year Change57.78%
Change since IPO292.73%

Recent News & Updates

Recent updates

Shareholder Returns

SOLIDBH InsuranceBH Market
7D1.1%-0.2%3.1%
1Y14.1%15.5%-7.3%

Return vs Industry: SOLID underperformed the BH Insurance industry which returned 15.5% over the past year.

Return vs Market: SOLID exceeded the BH Market which returned -7.3% 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 Movement4.1%
Market Average Movement1.5%
10% most volatile stocks in BH Market3.5%
10% least volatile stocks in BH Market0.7%

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 operates through Non-motor, Motor, Medical, Group Life, and Family Takaful segments. The company develops and provides protection coverages for property, engineering, general accident, liability, marine cargo, marine hull, aviation, medical, group life, motor, level term assurance, and decreasing term assurance.

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.د47.32m
Earnings (TTM)ب.د8.07m
Revenue (TTM)ب.د56.22m

5.9x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLID income statement (TTM)
Revenueب.د56.22m
Cost of Revenueب.د39.92m
Gross Profitب.د16.30m
Other Expensesب.د8.23m
Earningsب.د8.07m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

May 14, 2025

Earnings per share (EPS)0.061
Gross Margin28.99%
Net Profit Margin14.35%
Debt/Equity Ratio23.5%

How did SOLID perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

67%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/21 21:51
End of Day Share Price 2025/02/20 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Solidarity Bahrain B.S.C. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.