GINS Stock Overview
Gulf Insurance Group K.S.C.P., together with its subsidiaries, provides various insurance products and services for individuals and businesses.
Gulf Insurance Group K.S.C.P Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||د.ك1.05|
|52 Week High||د.ك1.20|
|52 Week Low||د.ك0.81|
|1 Month Change||3.86%|
|3 Month Change||-1.96%|
|1 Year Change||14.02%|
|3 Year Change||67.84%|
|5 Year Change||97.93%|
|Change since IPO||478.26%|
Recent News & Updates
|GINS||KW Insurance||KW Market|
Return vs Industry: GINS exceeded the KW Insurance industry which returned 9% over the past year.
Return vs Market: GINS exceeded the KW Market which returned 10.7% over the past year.
|GINS Average Weekly Movement||4.0%|
|Insurance Industry Average Movement||6.2%|
|Market Average Movement||5.6%|
|10% most volatile stocks in KW Market||8.8%|
|10% least volatile stocks in KW Market||3.1%|
Stable Share Price: GINS is less volatile than 75% of KW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GINS's weekly volatility (4%) has been stable over the past year.
About the Company
|1962||3,831||Khaled Saoud Abdul Al Hasan||https://www.gulfinsgroup.com|
Gulf Insurance Group K.S.C.P., together with its subsidiaries, provides various insurance products and services for individuals and businesses. The company operates in two segments, General Risk Insurance, and Life and Medical Insurance. The General Risk Insurance segment provides general insurance products comprising marine and aviation; motor vehicles; and property, engineering, and general accidents insurance products.
Gulf Insurance Group K.S.C.P Fundamentals Summary
|GINS fundamental statistics|
Is GINS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GINS income statement (TTM)|
|Cost of Revenue||د.ك294.60m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.19|
|Net Profit Margin||12.34%|
How did GINS perform over the long term?See historical performance and comparison
6.7%Current Dividend Yield
Is GINS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for GINS?
Other financial metrics that can be useful for relative valuation.
|What is GINS's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does GINS's PE Ratio compare to its peers?
|GINS PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: GINS is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (8.3x).
Price to Earnings Ratio vs Industry
How does GINS's PE Ratio compare vs other companies in the Insurance Industry?
Price-To-Earnings vs Industry: GINS is good value based on its Price-To-Earnings Ratio (5.5x) compared to the KW Insurance industry average (8.3x)
Price to Earnings Ratio vs Fair Ratio
What is GINS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||5.5x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GINS's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of GINS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: GINS (KWD1.05) is trading above our estimate of fair value (KWD0.68)
Significantly Below Fair Value: GINS is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GINS's PEG Ratio to determine if it is good value.
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How is Gulf Insurance Group K.S.C.P forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Insurance 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 Gulf Insurance Group 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.
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- Check out Gulf Insurance Group K.S.C.P's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
How has Gulf Insurance Group K.S.C.P performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GINS has a high level of non-cash earnings.
Growing Profit Margin: GINS's current net profit margins (12.3%) are higher than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: GINS's earnings have grown significantly by 35.2% per year over the past 5 years.
Accelerating Growth: GINS's earnings growth over the past year (190.8%) exceeds its 5-year average (35.2% per year).
Earnings vs Industry: GINS earnings growth over the past year (190.8%) exceeded the Insurance industry 27.5%.
Return on Equity
High ROE: GINS's Return on Equity (18.6%) is considered low.
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How is Gulf Insurance Group K.S.C.P's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: GINS's short term assets (KWD679.9M) exceed its short term liabilities (KWD599.1M).
Long Term Liabilities: GINS's short term assets (KWD679.9M) exceed its long term liabilities (KWD431.6M).
Debt to Equity History and Analysis
Debt Level: GINS has more cash than its total debt.
Reducing Debt: GINS's debt to equity ratio has reduced from 33.5% to 32.2% over the past 5 years.
Debt Coverage: GINS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GINS's interest payments on its debt are well covered by EBIT (25.2x coverage).
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What is Gulf Insurance Group K.S.C.P current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GINS's dividend (6.67%) is higher than the bottom 25% of dividend payers in the KW market (2.61%).
High Dividend: GINS's dividend (6.67%) is in the top 25% of dividend payers in the KW market (6.28%)
Stability and Growth of Payments
Stable Dividend: GINS's dividend payments have been volatile in the past 10 years.
Growing Dividend: GINS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.7%), GINS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GINS is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Khaled Saoud Abdul Al Hasan (68 yo)
Mr. Khaled Saoud Abdul Aziz Al Hasan has been Managing Director and Chief Executive Officer of Gulf Insurance Group K.S.C.P. since February 2002. Mr. Al Hasan serves as an Executive Director at Gulf Insura...
Experienced Management: GINS's management team is seasoned and experienced (5.4 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 41.6%.
Gulf Insurance Group K.S.C.P.'s employee growth, exchange listings and data sources
- Name: Gulf Insurance Group K.S.C.P.
- Ticker: GINS
- Exchange: KWSE
- Founded: 1962
- Industry: Multi-line Insurance
- Sector: Insurance
- Implied Market Cap: د.ك297.655m
- Shares outstanding: 283.75m
- Website: https://www.gulfinsgroup.com
Number of Employees
- Gulf Insurance Group K.S.C.P.
- KIPCO Tower
- Floor 40
- Kuwait City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/23 00:00|
|End of Day Share Price||2022/06/23 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.