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MEIN logo

Middle East Insurance ASE:MEIN Stock Report

Last Price

د.أ1.33

Market Cap

د.أ29.3m

7D

0%

1Y

n/a

Updated

21 Nov, 2024

Data

Company Financials

Middle East Insurance Co.

ASE:MEIN Stock Report

Market Cap: د.أ29.3m

MEIN Stock Overview

Provides various insurance products and services in Jordan and internationally. More details

MEIN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends1/6

Middle East Insurance Co. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Middle East Insurance
Historical stock prices
Current Share Priceد.أ1.33
52 Week Highد.أ1.39
52 Week Lowد.أ1.12
Beta-0.17
11 Month Change0%
3 Month Change11.76%
1 Year Changen/a
33 Year Change-2.92%
5 Year Change-0.75%
Change since IPO-54.23%

Recent News & Updates

Recent updates

Shareholder Returns

MEINJO InsuranceJO Market
7D0%-0.1%0.6%
1Yn/a11.6%3.2%

Return vs Industry: Insufficient data to determine how MEIN performed against the JO Insurance industry.

Return vs Market: Insufficient data to determine how MEIN performed against the JO Market.

Price Volatility

Is MEIN's price volatile compared to industry and market?
MEIN volatility
MEIN Average Weekly Movementn/a
Insurance Industry Average Movement4.7%
Market Average Movement3.6%
10% most volatile stocks in JO Market5.9%
10% least volatile stocks in JO Market1.3%

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

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

About the Company

FoundedEmployeesCEOWebsite
1962n/aRajai Kafuri Sweiswww.meico.com.jo

Middle East Insurance Co. provides various insurance products and services in Jordan and internationally. It provides life and health insurance, such as term life, personal accident, medical, and travel insurance; and general accident insurance, including public and product liability, professional indemnity, and workmen's compensation insurance, as well as insurance for money, fidelity, medical malpractice, bankers blanket bonds, jewelers blocks, and contingency/ cancellation of event insurance. The company also offers motor insurance that comprise comprehensive, vehicle, personal, and luggage assistance; and property insurance comprises fire and allied perils, property all risks, and household insurance.

Middle East Insurance Co. Fundamentals Summary

How do Middle East Insurance's earnings and revenue compare to its market cap?
MEIN fundamental statistics
Market capد.أ29.33m
Earnings (TTM)د.أ917.45k
Revenue (TTM)د.أ51.12m

32.0x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MEIN income statement (TTM)
Revenueد.أ51.12m
Cost of Revenueد.أ47.03m
Gross Profitد.أ4.09m
Other Expensesد.أ3.17m
Earningsد.أ917.45k

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.042
Gross Margin7.99%
Net Profit Margin1.79%
Debt/Equity Ratio0%

How did MEIN perform over the long term?

See historical performance and comparison

Dividends

5.3%

Current Dividend Yield

169%

Payout Ratio