SOLID logo

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

Last Price

ب.د0.32

Market Cap

ب.د42.9m

7D

0.3%

1Y

11.0%

Updated

26 Jul, 2024

Data

Company Financials

Solidarity Bahrain B.S.C.

BAX:SOLID Stock Report

Market Cap: ب.د42.9m

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.د0.32
52 Week Highب.د0.32
52 Week Lowب.د0.28
Beta-0.043
11 Month Change1.58%
3 Month Change3.21%
1 Year Change11.03%
33 Year Changen/a
5 Year Change46.36%
Change since IPO256.22%

Recent News & Updates

Recent updates

Shareholder Returns

SOLIDBH InsuranceBH Market
7D0.3%-3.0%-0.5%
1Y11.0%11.7%-0.6%

Return vs Industry: SOLID matched the BH Insurance industry which returned 11.7% over the past year.

Return vs Market: SOLID exceeded the BH Market which returned -0.6% 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 Movement5.0%
Market Average Movement1.7%
10% most volatile stocks in BH Market3.0%
10% least volatile stocks in BH Market0.6%

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.د42.92m
Earnings (TTM)ب.د4.78m
Revenue (TTM)ب.د33.75m

9.0x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOLID income statement (TTM)
Revenueب.د33.75m
Cost of Revenueب.د21.50m
Gross Profitب.د12.25m
Other Expensesب.د7.47m
Earningsب.د4.78m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 13, 2024

Earnings per share (EPS)0.036
Gross Margin36.29%
Net Profit Margin14.17%
Debt/Equity Ratio0%

How did SOLID perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

73%

Payout Ratio
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