MEIN Stock Overview
Provides various insurance products and services in Jordan and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 1/6 |
My Notes
Capture your thoughts, links and company narrative
Middle East Insurance Co. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | د.أ1.28 |
| 52 Week High | د.أ1.39 |
| 52 Week Low | د.أ1.12 |
| Beta | -0.17 |
| 1 Month Change | -3.76% |
| 3 Month Change | -3.76% |
| 1 Year Change | 9.40% |
| 3 Year Change | -6.57% |
| 5 Year Change | -4.48% |
| Change since IPO | -55.96% |
Recent News & Updates
Recent updates
Shareholder Returns
| MEIN | JO Insurance | JO Market | |
|---|---|---|---|
| 7D | 0% | -0.1% | 1.0% |
| 1Y | 9.4% | 7.6% | 2.1% |
Return vs Industry: MEIN exceeded the JO Insurance industry which returned 7.6% over the past year.
Return vs Market: MEIN exceeded the JO Market which returned 2.1% over the past year.
Price Volatility
| MEIN volatility | |
|---|---|
| MEIN Average Weekly Movement | n/a |
| Insurance Industry Average Movement | 4.8% |
| Market Average Movement | 3.4% |
| 10% most volatile stocks in JO Market | 5.7% |
| 10% least volatile stocks in JO Market | 1.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1962 | n/a | Rajai Kafuri Sweis | www.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
| MEIN fundamental statistics | |
|---|---|
| Market cap | د.أ28.22m |
| Earnings (TTM) | د.أ917.45k |
| Revenue (TTM) | د.أ51.12m |
30.8x
P/E Ratio0.6x
P/S RatioIs MEIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEIN income statement (TTM) | |
|---|---|
| Revenue | د.أ51.12m |
| Cost of Revenue | د.أ47.03m |
| Gross Profit | د.أ4.09m |
| Other Expenses | د.أ3.17m |
| Earnings | د.أ917.45k |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.042 |
| Gross Margin | 7.99% |
| Net Profit Margin | 1.79% |
| Debt/Equity Ratio | 0% |
How did MEIN perform over the long term?
See historical performance and comparisonDividends
5.5%
Current Dividend Yield169%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 20:20 |
| End of Day Share Price | 2024/12/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Middle East Insurance Co. 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.
| Analyst | Institution |
|---|