MEIN Stock Overview
Middle East Insurance Co. provides various insurance products and services in Jordan and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
Middle East Insurance Co. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | د.أ1.12 |
| 52 Week High | د.أ1.38 |
| 52 Week Low | د.أ1.05 |
| Beta | -0.20 |
| 1 Month Change | -2.61% |
| 3 Month Change | n/a |
| 1 Year Change | 0% |
| 3 Year Change | -13.85% |
| 5 Year Change | -13.85% |
| Change since IPO | -61.46% |
Recent News & Updates
Recent updates
Shareholder Returns
| MEIN | JO Insurance | JO Market | |
|---|---|---|---|
| 7D | 0% | -0.8% | -0.4% |
| 1Y | 0% | 0.7% | -3.1% |
Return vs Industry: MEIN underperformed the JO Insurance industry which returned 1.7% over the past year.
Return vs Market: MEIN exceeded the JO Market which returned -2.2% over the past year.
Price Volatility
| MEIN volatility | |
|---|---|
| MEIN Average Weekly Movement | n/a |
| Insurance Industry Average Movement | 4.8% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in JO Market | 6.1% |
| 10% least volatile stocks in JO Market | 1.9% |
Stable Share Price: MEIN has not had significant price volatility in the past 3 months.
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.أ24.70m |
| Earnings (TTM) | د.أ1.44m |
| Revenue (TTM) | د.أ26.55m |
17.2x
P/E Ratio0.9x
P/S RatioIs MEIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MEIN income statement (TTM) | |
|---|---|
| Revenue | د.أ26.55m |
| Cost of Revenue | د.أ18.40m |
| Gross Profit | د.أ8.14m |
| Other Expenses | د.أ6.71m |
| Earnings | د.أ1.44m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.065 |
| Gross Margin | 30.68% |
| Net Profit Margin | 5.41% |
| Debt/Equity Ratio | 0% |
How did MEIN perform over the long term?
See historical performance and comparison