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Al-Mashreq Insurance Public Shareholding PLSE:MIC Stock Report

Last Price

US$3.10

Market Cap

US$24.8m

7D

0%

1Y

n/a

Updated

26 May, 2024

Data

Company Financials

Al-Mashreq Insurance Public Shareholding Company

PLSE:MIC Stock Report

Market Cap: US$24.8m

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$3.10
52 Week HighUS$3.10
52 Week LowUS$3.10
Beta0.035
1 Month Changen/a
3 Month Changen/a
1 Year Changen/a
3 Year Change58.98%
5 Year Change87.03%
Change since IPO722.29%

Recent News & Updates

Recent updates

Shareholder Returns

MICPS InsurancePS Market
7D0%-0.03%-0.04%
1Yn/a12.6%-16.2%

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 Movement5.0%
Market Average Movement3.5%
10% most volatile stocks in PS Market6.5%
10% least volatile stocks in PS Market2.8%

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
1992215Ayoub 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$24.80m
Earnings (TTM)US$1.21m
Revenue (TTM)US$42.67m

20.5x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIC income statement (TTM)
RevenueUS$42.67m
Cost of RevenueUS$36.98m
Gross ProfitUS$5.69m
Other ExpensesUS$4.48m
EarningsUS$1.21m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin13.33%
Net Profit Margin2.84%
Debt/Equity Ratio22.6%

How did MIC perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

7%

Payout Ratio

Does MIC pay a reliable dividends?

See MIC dividend history and benchmarks
When do you need to buy MIC by to receive an upcoming dividend?
Al-Mashreq Insurance Public Shareholding dividend dates
Ex Dividend DateJun 04 2024
Dividend Pay DateAug 03 2024
Days until Ex dividend8 days
Days until Dividend pay date68 days

Does MIC pay a reliable dividends?

See MIC dividend history and benchmarks
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