MIC logo

Al-Mashreq Insurance Public Shareholding PLSE:MIC Stock Report

Last Price

US$2.85

Market Cap

US$25.7m

7D

0%

1Y

n/a

Updated

26 Jul, 2024

Data

Company Financials

Al-Mashreq Insurance Public Shareholding Company

PLSE:MIC Stock Report

Market Cap: US$25.7m

MIC Stock Overview

Provides insurance solutions and services in Palestine.

MIC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Al-Mashreq Insurance Public Shareholding Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Al-Mashreq Insurance Public Shareholding
Historical stock prices
Current Share PriceUS$2.85
52 Week HighUS$2.90
52 Week LowUS$2.73
Beta-0.023
11 Month Change0%
3 Month Changen/a
1 Year Changen/a
33 Year Changen/a
5 Year Change146.64%
Change since IPO750.47%

Recent News & Updates

Recent updates

Shareholder Returns

MICPS InsurancePS Market
7D0%-0.08%-1.4%
1Yn/a14.7%-20.0%

Return vs Industry: Insufficient data to determine how MIC performed against the PS Insurance industry.

Return vs Market: Insufficient data to determine how MIC performed against the PS Market.

Price Volatility

Is MIC's price volatile compared to industry and market?
MIC volatility
MIC Average Weekly Movementn/a
Insurance Industry Average Movement5.1%
Market Average Movement3.4%
10% most volatile stocks in PS Market6.2%
10% least volatile stocks in PS Market2.5%

Stable Share Price: MIC has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine MIC's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992213Ayoub Wael Zurubwww.mashreqins.com

Al-Mashreq Insurance Public Shareholding Company provides insurance solutions and services in Palestine. The company offers travel, personal accident, vehicle, home, fire insurance and associated hazards, and other insurance services to individuals; health, treason, work injury, and business trip insurance to employees; and vehicle, bank coverage, electronic equipment, engineering, property against all damages, money, glass, fire insurance and associated hazards, cargo, jewelry store, professional liability, civil and production liability to businesses. It also engages in investment in trading securities; invests and develops real estate properties, and develops land; marine insurance; and manages medical expenses.

Al-Mashreq Insurance Public Shareholding Company Fundamentals Summary

How do Al-Mashreq Insurance Public Shareholding's earnings and revenue compare to its market cap?
MIC fundamental statistics
Market capUS$25.65m
Earnings (TTM)US$875.29k
Revenue (TTM)US$41.56m

29.3x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIC income statement (TTM)
RevenueUS$41.56m
Cost of RevenueUS$36.42m
Gross ProfitUS$5.14m
Other ExpensesUS$4.26m
EarningsUS$875.29k

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.097
Gross Margin12.36%
Net Profit Margin2.11%
Debt/Equity Ratio20.1%

How did MIC perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

23%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.