Solidarity Bahrain B.S.C.

BAX:SOLID Stock Report

Market Cap: ب.د49.0m

Solidarity Bahrain B.S.C Past Earnings Performance

Past criteria checks 5/6

Solidarity Bahrain B.S.C has been growing earnings at an average annual rate of 14.6%, while the Insurance industry saw earnings growing at 13.2% annually. Revenues have been growing at an average rate of 17.5% per year. Solidarity Bahrain B.S.C's return on equity is 15.9%, and it has net margins of 14%.

Key information

14.6%

Earnings growth rate

11.4%

EPS growth rate

Insurance Industry Growth12.2%
Revenue growth rate17.5%
Return on equity15.9%
Net Margin14.0%
Next Earnings Update19 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Solidarity Bahrain B.S.C makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BAX:SOLID Revenue, expenses and earnings (BHD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2435540
30 Jun 2433540
31 Mar 2434540
31 Dec 2332440
30 Sep 2336440
30 Jun 2334440
31 Mar 2333440
31 Dec 2232440
30 Sep 2228330
30 Jun 2224330
31 Mar 2220330
31 Dec 2118330
30 Sep 2118330
30 Jun 2118330
31 Mar 2118330
31 Dec 2018330
30 Sep 2018330
30 Jun 2019330
31 Mar 2018330
31 Dec 1918330
30 Sep 1918330
30 Jun 1918220
31 Mar 1918220
31 Dec 1818220
30 Sep 1816220
30 Jun 1814120
31 Mar 1811020
31 Dec 179010
30 Sep 179-110
30 Jun 178-110
31 Mar 178010
31 Dec 168010
30 Sep 167010
30 Jun 166010
31 Mar 165-110
31 Dec 154-110
30 Sep 154010
30 Jun 156110
31 Mar 156210
31 Dec 146210
30 Sep 147120
30 Jun 146120
31 Mar 147220
31 Dec 137320

Quality Earnings: SOLID has high quality earnings.

Growing Profit Margin: SOLID's current net profit margins (14%) are higher than last year (11.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SOLID's earnings have grown by 14.6% per year over the past 5 years.

Accelerating Growth: SOLID's earnings growth over the past year (16.8%) exceeds its 5-year average (14.6% per year).

Earnings vs Industry: SOLID earnings growth over the past year (16.8%) exceeded the Insurance industry 16.2%.


Return on Equity

High ROE: SOLID's Return on Equity (15.9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 12:23
End of Day Share Price 2024/12/12 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

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.

AnalystInstitution