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Kuwait Insurance CompanyK.P KWSE:KINS Stock Report

Last Price


Market Cap







28 Sep, 2022


Company Financials
KINS fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance3/6
Financial Health5/6

KINS Stock Overview

Kuwait Insurance Company S.A.K.P. provides various insurance products and services in Kuwait.

Kuwait Insurance CompanyK.P Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kuwait Insurance CompanyK.P
Historical stock prices
Current Share Priceد.ك0.45
52 Week Highد.ك0.50
52 Week Lowد.ك0.38
1 Month Change-4.46%
3 Month Change6.64%
1 Year Change11.94%
3 Year Change36.78%
5 Year Change63.64%
Change since IPO-10.00%

Recent News & Updates

Shareholder Returns

KINSKW InsuranceKW Market

Return vs Industry: KINS exceeded the KW Insurance industry which returned 4% over the past year.

Return vs Market: KINS exceeded the KW Market which returned 3.1% over the past year.

Price Volatility

Is KINS's price volatile compared to industry and market?
KINS volatility
KINS Average Weekly Movement4.0%
Insurance Industry Average Movement5.9%
Market Average Movement5.3%
10% most volatile stocks in KW Market10.0%
10% least volatile stocks in KW Market2.5%

Stable Share Price: KINS is not significantly more volatile than the rest of KW stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: KINS's weekly volatility (4%) has been stable over the past year.

About the Company

1960253Ahmad Sharif

Kuwait Insurance Company S.A.K.P. provides various insurance products and services in Kuwait. It operates through five segments: Marine and Aviation, Fire, General Accident, Life Insurance, and Takaful. The Marine and Aviation segment offers insurance against risks related to goods transportation, as well as various types of marine and aviation vessel insurance products.

Kuwait Insurance CompanyK.P Fundamentals Summary

How do Kuwait Insurance CompanyK.P's earnings and revenue compare to its market cap?
KINS fundamental statistics
Market Capد.ك83.16m
Earnings (TTM)د.ك11.92m
Revenue (TTM)د.ك34.88m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KINS income statement (TTM)
Cost of Revenueد.ك13.89m
Gross Profitد.ك20.99m
Other Expensesد.ك9.07m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date


Earnings per share (EPS)0.065
Gross Margin60.17%
Net Profit Margin34.17%
Debt/Equity Ratio0.0%

How did KINS perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is KINS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


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

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KINS?

Other financial metrics that can be useful for relative valuation.

KINS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2x
Enterprise Value/EBITDA5.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does KINS's PE Ratio compare to its peers?

KINS PE Ratio vs Peers
The above table shows the PE ratio for KINS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9.9x
AINS Al-Ahleia Insurance CompanyK.P
WINSRE Warba Insurance Company K.S.C.P
GINS Gulf Insurance Group K.S.C.P
WETHAQ Wethaq Takaful Insurance Company K.S.C.P
KINS Kuwait Insurance CompanyK.P

Price-To-Earnings vs Peers: KINS is good value based on its Price-To-Earnings Ratio (7x) compared to the peer average (9.9x).

Price to Earnings Ratio vs Industry

How does KINS's PE Ratio compare vs other companies in the Asian Insurance Industry?

Price-To-Earnings vs Industry: KINS is good value based on its Price-To-Earnings Ratio (7x) compared to the Asian Insurance industry average (11.8x)

Price to Earnings Ratio vs Fair Ratio

What is KINS'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.

KINS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate KINS's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of KINS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KINS (KWD0.45) is trading above our estimate of fair value (KWD0.27)

Significantly Below Fair Value: KINS is trading above our estimate of fair value.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Kuwait Insurance CompanyK.P forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


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 Kuwait Insurance CompanyK.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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Past Performance

How has Kuwait Insurance CompanyK.P performed over the past 5 years?

Past Performance Score


Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KINS has high quality earnings.

Growing Profit Margin: KINS's current net profit margins (34.2%) are lower than last year (35.9%).

Past Earnings Growth Analysis

Earnings Trend: KINS's earnings have grown by 8.5% per year over the past 5 years.

Accelerating Growth: KINS's earnings growth over the past year (14.6%) exceeds its 5-year average (8.5% per year).

Earnings vs Industry: KINS earnings growth over the past year (14.6%) underperformed the Insurance industry 17.4%.

Return on Equity

High ROE: KINS's Return on Equity (9.7%) is considered low.

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Financial Health

How is Kuwait Insurance CompanyK.P's financial position?

Financial Health Score


Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: KINS's short term assets (KWD51.7M) exceed its short term liabilities (KWD21.9M).

Long Term Liabilities: KINS's short term assets (KWD51.7M) do not cover its long term liabilities (KWD60.4M).

Debt to Equity History and Analysis

Debt Level: KINS is debt free.

Reducing Debt: KINS has not had any debt for past 5 years.

Debt Coverage: KINS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: KINS has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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What is Kuwait Insurance CompanyK.P current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 6/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


Current Dividend Yield

Dividend Yield vs Market

Kuwait Insurance CompanyK.P Dividend Yield vs Market
How does Kuwait Insurance CompanyK.P dividend yield compare to the market?
SegmentDividend Yield
Company (Kuwait Insurance CompanyK.P)7.3%
Market Bottom 25% (KW)2.7%
Market Top 25% (KW)6.9%
Industry Average (Insurance)6.4%
Analyst forecast in 3 Years (Kuwait Insurance CompanyK.P)n/a

Notable Dividend: KINS's dividend (7.33%) is higher than the bottom 25% of dividend payers in the KW market (2.71%).

High Dividend: KINS's dividend (7.33%) is in the top 25% of dividend payers in the KW market (6.87%)

Stability and Growth of Payments

Stable Dividend: KINS's dividends per share have been stable in the past 10 years.

Growing Dividend: KINS's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (51.2%), KINS's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (86.3%), KINS's dividend payments are covered by cash flows.

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How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


Ahmad Sharif



Mr. Ahmad Sami Sharif, FSA, MAAA, serves as the Chief Executive Officer at Kuwait Insurance Company K.P.S.C. Mr. Sharif previously served as General Manager of Salama UAE General and Health Takaful, and As...

Board Members

Experienced Board: KINS's board of directors are considered experienced (6.4 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.

Ownership Breakdown

What is the ownership structure of KINS?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders9,332,3745.0%
State or Government9,517,1745.2%
Private Companies27,886,24315.1%
General Public138,063,69974.7%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 4 shareholders own 25.29% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
Mohammad Saleh & Reza Yousuf Behbehani Company
18,313,629KWD8.2m0%no data
Estate of Mohammed Saleh Yousef Behbehani
9,572,614KWD4.3m0%no data
Public Institution For Social Security
9,517,174KWD4.3m0%no data
Bibi Marafie
9,332,374KWD4.2m0%no data

Company Information

Kuwait Insurance Company S.A.K.P.'s employee growth, exchange listings and data sources

Key Information

  • Name: Kuwait Insurance Company S.A.K.P.
  • Ticker: KINS
  • Exchange: KWSE
  • Founded: 1960
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Implied Market Cap: د.ك83.160m
  • Shares outstanding: 184.80m
  • Website:

Number of Employees


  • Kuwait Insurance Company S.A.K.P.
  • Kuwait Insurance House
  • Abdulla Al Salem Street
  • Kuwait City
  • 13008
  • Kuwait


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KINSKWSE (Kuwait Stock Exchange)YesOrdinary SharesKWKWDMar 1996

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Annual Earnings2021/12/31

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.