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Gulf Insurance Group K.S.C.P KWSE:GINS Stock Report

Last Price

د.ك1.35

Market Cap

د.ك384.2m

7D

21.5%

1Y

-28.2%

Updated

30 Dec, 2024

Data

Company Financials

Gulf Insurance Group K.S.C.P.

KWSE:GINS Stock Report

Market Cap: د.ك384.2m

GINS Stock Overview

Provides insurance products and services to individuals and businesses in Kuwait, GCC countries, and other Middle East countries. More details

GINS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends2/6

Rewards

Price-To-Earnings ratio (12.5x) is below the KW market (15x)

Risk Analysis

High level of non-cash earnings

Highly volatile share price over the past 3 months compared to the KW market


My Notes

Capture your thoughts, links and company narrative

Gulf Insurance Group K.S.C.P. Competitors

Al-Ahleia Insurance CompanyK.P

KWSE:AINS

د.ك160.4m

Kuwait Insurance CompanyK.P

KWSE:KINS

د.ك109.0m

Warba Insurance and Reinsurance Company (K.S.C.P.)

KWSE:WINSRE

د.ك39.9m

Wethaq Takaful Insurance Company K.S.C.P

KWSE:WETHAQ

د.ك5.8m

Price History & Performance

Summary of share price highs, lows and changes for Gulf Insurance Group K.S.C.P
Historical stock prices
Current Share Priceد.ك1.35
52 Week Highد.ك2.00
52 Week Lowد.ك1.03
Beta0.18
1 Month Change14.89%
3 Month Change-1.82%
1 Year Change-28.19%
3 Year Change26.17%
5 Year Change104.55%
Change since IPO644.19%

Recent News & Updates

Recent updates

Shareholder Returns

GINSKW InsuranceKW Market
7D21.5%8.3%1.1%
1Y-28.2%-7.4%8.5%

Return vs Industry: GINS underperformed the KW Insurance industry which returned -6.3% over the past year.

Return vs Market: GINS underperformed the KW Market which returned 8.3% over the past year.

Price Volatility

Is GINS's price volatile compared to industry and market?
GINS volatility
GINS Average Weekly Movement11.7%
Insurance Industry Average Movement5.8%
Market Average Movement4.5%
10% most volatile stocks in KW Market10.2%
10% least volatile stocks in KW Market2.1%

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

Volatility Over Time: GINS's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of KW stocks.

About the Company

FoundedEmployeesCEOWebsite
19623,984Khaled Saoud Abdul Al Hasanwww.gulfinsgroup.com

Gulf Insurance Group K.S.C.P., together with its subsidiaries, provides insurance products and services to individuals and businesses in Kuwait, GCC countries, and other Middle East countries. The company operates in General Risk Insurance, and Life and Medical Insurance segments. The General Risk Insurance segment provides general insurance products comprising marine and aviation, motor vehicles, property, and engineering and general accidents insurance products.

Gulf Insurance Group K.S.C.P. Fundamentals Summary

How do Gulf Insurance Group K.S.C.P's earnings and revenue compare to its market cap?
GINS fundamental statistics
Market capد.ك384.17m
Earnings (TTM)د.ك30.80m
Revenue (TTM)د.ك825.24m

12.5x

P/E Ratio

0.5x

P/S Ratio

Is GINS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GINS income statement (TTM)
Revenueد.ك825.24m
Cost of Revenueد.ك809.49m
Gross Profitد.ك15.75m
Other Expenses-د.ك15.04m
Earningsد.ك30.80m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin1.91%
Net Profit Margin3.73%
Debt/Equity Ratio13.5%

How did GINS perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

34%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 05:35
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Gulf Insurance Group K.S.C.P. is covered by 1 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.

AnalystInstitution
Jaap MeijerArqaam Capital Research Offshore S.A.L.