Al-Maidan Clinic for Oral Health Services Company K.S.C.P.
No risks detected for MIDAN from our risk checks.
Al-Maidan Clinic for Oral Health Services Company K.S.C.P Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||د.ك1.24|
|52 Week High||د.ك1.20|
|52 Week Low||د.ك1.24|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||1.64%|
|3 Year Change||1.64%|
|5 Year Change||n/a|
|Change since IPO||74.65%|
Recent News & Updates
|MIDAN||KW Healthcare||KW Market|
Return vs Industry: MIDAN matched the KW Healthcare industry which returned 0.9% over the past year.
Return vs Market: MIDAN underperformed the KW Market which returned 23.7% over the past year.
Stable Share Price: MIDAN is less volatile than 75% of KW stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: MIDAN's weekly volatility (0%) has been stable over the past year.
About the Company
Al-Maidan Clinic for Oral Health Services Company K.S.C.P. provides health care services in Kuwait. It operates in two segments, Clinics and Hospital. The Clinics segment operates clinics that provide services relating to oral health care, diagnosis, consultations, and treatment to outpatients with specialty in dental treatment.
Al-Maidan Clinic for Oral Health Services Company K.S.C.P Fundamentals Summary
|MIDAN fundamental statistics|
Is MIDAN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MIDAN income statement (TTM)|
|Cost of Revenue||د.ك43.07m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.039|
|Net Profit Margin||14.48%|
How did MIDAN perform over the long term?See historical performance and comparison
0.8%Current Dividend Yield
Is Al-Maidan Clinic for Oral Health Services Company K.S.C.P undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MIDAN (KWD1.24) is trading below our estimate of fair value (KWD1.69)
Significantly Below Fair Value: MIDAN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MIDAN is poor value based on its PE Ratio (31.6x) compared to the Asian Healthcare industry average (23.7x).
PE vs Market: MIDAN is poor value based on its PE Ratio (31.6x) compared to the KW market (19.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MIDAN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MIDAN is overvalued based on its PB Ratio (6.3x) compared to the XA Healthcare industry average (2.4x).
How is Al-Maidan Clinic for Oral Health Services Company K.S.C.P forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Healthcare industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Al-Maidan Clinic for Oral Health Services Company K.S.C.P has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Al-Maidan Clinic for Oral Health Services Company K.S.C.P performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MIDAN has high quality earnings.
Growing Profit Margin: MIDAN's current net profit margins (14.5%) are higher than last year (10.1%).
Past Earnings Growth Analysis
Earnings Trend: MIDAN's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: MIDAN's earnings growth over the past year (88.6%) exceeds its 5-year average (14.4% per year).
Earnings vs Industry: MIDAN earnings growth over the past year (88.6%) exceeded the Healthcare industry 34.7%.
Return on Equity
High ROE: MIDAN's Return on Equity (20%) is considered high.
How is Al-Maidan Clinic for Oral Health Services Company K.S.C.P's financial position?
Financial Position Analysis
Short Term Liabilities: MIDAN's short term assets (KWD58.7M) exceed its short term liabilities (KWD24.4M).
Long Term Liabilities: MIDAN's short term assets (KWD58.7M) exceed its long term liabilities (KWD3.9M).
Debt to Equity History and Analysis
Debt Level: MIDAN is debt free.
Reducing Debt: MIDAN has no debt compared to 5 years ago when its debt to equity ratio was 14.6%.
Debt Coverage: MIDAN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MIDAN has no debt, therefore coverage of interest payments is not a concern.
What is Al-Maidan Clinic for Oral Health Services Company K.S.C.P current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MIDAN's dividend (0.81%) isn’t notable compared to the bottom 25% of dividend payers in the KW market (2.06%).
High Dividend: MIDAN's dividend (0.81%) is low compared to the top 25% of dividend payers in the KW market (5.44%).
Stability and Growth of Payments
Stable Dividend: MIDAN is not paying a notable dividend for the KW market, therefore no need to check if payments are stable.
Growing Dividend: MIDAN is not paying a notable dividend for the KW market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MIDAN is not paying a notable dividend for the KW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MIDAN's dividend in 3 years as they are not forecast to pay a notable one for the KW market.
How experienced are the management team and are they aligned to shareholders interests?
Mr. Anis Adel Chebaro serves as the Chief Executive Officer and Director at Al-Maidan Dental Clinic Company (k.s.c.c.). Mr. Chebaro served as the Chief Dentist at Al-Maidan Dental Clinic Company (k.s.c.c.)...
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Al-Maidan Clinic for Oral Health Services Company K.S.C.P.'s employee growth, exchange listings and data sources
- Name: Al-Maidan Clinic for Oral Health Services Company K.S.C.P.
- Ticker: MIDAN
- Exchange: KWSE
- Founded: 1987
- Industry: Health Care Services
- Sector: Healthcare
- Market Cap: د.ك309.981m
- Shares outstanding: 249.98m
- Website: https://www.maidangroup.com
- Al-Maidan Clinic for Oral Health Services Company K.S.C.P.
- KBT Tower
- Floor 32
- Kuwait City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 11:32|
|End of Day Share Price||2021/10/19 00:00|
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.