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

Last Price

ب.د0.31

Market Cap

ب.د41.7m

7D

-0.6%

1Y

18.1%

Updated

24 Apr, 2024

Data

Company Financials

Solidarity Bahrain B.S.C.

BAX:SOLID Stock Report

Market Cap: ب.د41.7m

SOLID Stock Overview

Solidarity Bahrain B.S.C. provides insurance products in Bahrain.

SOLID fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
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.د0.31
52 Week Highب.د0.32
52 Week Lowب.د0.26
Beta-0.040
1 Month Change-0.63%
3 Month Changen/a
1 Year Change18.11%
3 Year Change28.81%
5 Year Changen/a
Change since IPO246.27%

Recent News & Updates

Recent updates

Shareholder Returns

SOLIDBH InsuranceBH Market
7D-0.6%-0.6%-0.3%
1Y18.1%6.0%11.2%

Return vs Industry: SOLID exceeded the BH Insurance industry which returned 3.6% over the past year.

Return vs Market: SOLID exceeded the BH Market which returned 12.7% 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 Movement4.8%
Market Average Movement2.3%
10% most volatile stocks in BH Market4.3%
10% least volatile stocks in BH Market1.6%

Stable Share Price: SOLID has not had significant price volatility in the past 3 months.

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.د41.72m
Earnings (TTM)ب.د4.34m
Revenue (TTM)ب.د32.27m

9.6x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLID income statement (TTM)
Revenueب.د32.27m
Cost of Revenueب.د20.47m
Gross Profitب.د11.80m
Other Expensesب.د7.45m
Earningsب.د4.34m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 14, 2024

Earnings per share (EPS)0.033
Gross Margin36.55%
Net Profit Margin13.46%
Debt/Equity Ratio0%

How did SOLID perform over the long term?

See historical performance and comparison

Dividends

8.0%

Current Dividend Yield

77%

Payout Ratio
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