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Mediterranean and Gulf Cooperative Insurance and Reinsurance SASE:8030 Stock Report

Last Price

ر.س26.85

Market Cap

ر.س2.8b

7D

1.1%

1Y

86.5%

Updated

18 Jan, 2025

Data

Company Financials

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company

SASE:8030 Stock Report

Market Cap: ر.س2.8b

8030 Stock Overview

Provides insurance and reinsurance products and related activities in the Kingdom of Saudi Arabia. More details

8030 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mediterranean and Gulf Cooperative Insurance and Reinsurance
Historical stock prices
Current Share Priceر.س26.85
52 Week Highر.س35.05
52 Week Lowر.س13.20
Beta0.91
1 Month Change24.19%
3 Month Change16.44%
1 Year Change86.46%
3 Year Change50.84%
5 Year Change12.41%
Change since IPO-60.84%

Recent News & Updates

The Market Lifts The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030) Shares 25% But It Can Do More

Jan 04
The Market Lifts The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030) Shares 25% But It Can Do More

It's A Story Of Risk Vs Reward With The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Sep 18
It's A Story Of Risk Vs Reward With The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Recent updates

The Market Lifts The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030) Shares 25% But It Can Do More

Jan 04
The Market Lifts The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030) Shares 25% But It Can Do More

It's A Story Of Risk Vs Reward With The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Sep 18
It's A Story Of Risk Vs Reward With The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Market Might Still Lack Some Conviction On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030) Even After 26% Share Price Boost

Apr 18
Market Might Still Lack Some Conviction On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030) Even After 26% Share Price Boost

Investors Holding Back On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Feb 09
Investors Holding Back On The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (TADAWUL:8030)

Subdued Growth No Barrier To The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Price

Nov 04
Subdued Growth No Barrier To The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Price

Mediterranean and Gulf Cooperative Insurance and Reinsurance's(TADAWUL:8030) Share Price Is Down 60% Over The Past Five Years.

Mar 11
Mediterranean and Gulf Cooperative Insurance and Reinsurance's(TADAWUL:8030) Share Price Is Down 60% Over The Past Five Years.

Are Institutions Heavily Invested In The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Shares?

Jan 20
Are Institutions Heavily Invested In The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Shares?

Should Weakness in The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Nov 27
Should Weakness in The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's (TADAWUL:8030) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Shareholder Returns

8030SA InsuranceSA Market
7D1.1%-0.6%1.2%
1Y86.5%22.4%-7.1%

Return vs Industry: 8030 exceeded the SA Insurance industry which returned 22.4% over the past year.

Return vs Market: 8030 exceeded the SA Market which returned -7.1% over the past year.

Price Volatility

Is 8030's price volatile compared to industry and market?
8030 volatility
8030 Average Weekly Movement6.1%
Insurance Industry Average Movement3.3%
Market Average Movement3.7%
10% most volatile stocks in SA Market7.9%
10% least volatile stocks in SA Market2.1%

Stable Share Price: 8030's share price has been volatile over the past 3 months compared to the SA market.

Volatility Over Time: 8030's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of SA stocks.

About the Company

FoundedEmployeesCEOWebsite
2006n/aUmar Abdul Al Mahmoudwww.medgulf.com.sa

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company provides insurance and reinsurance products and related activities in the Kingdom of Saudi Arabia. The company offers third party and comprehensive motor insurance products, as well as medical insurance products. It also provides travel, aviation, property, accidents and liability, aviation, engineering, group life, group credit life, and marine insurance products.

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company Fundamentals Summary

How do Mediterranean and Gulf Cooperative Insurance and Reinsurance's earnings and revenue compare to its market cap?
8030 fundamental statistics
Market capر.س2.82b
Earnings (TTM)ر.س159.90m
Revenue (TTM)ر.س3.52b

17.6x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8030 income statement (TTM)
Revenueر.س3.52b
Cost of Revenueر.س3.35b
Gross Profitر.س164.89m
Other Expensesر.س4.99m
Earningsر.س159.90m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.52
Gross Margin4.69%
Net Profit Margin4.55%
Debt/Equity Ratio0%

How did 8030 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/18 23:53
End of Day Share Price 2025/01/16 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

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company is covered by 2 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.
Asjad YahyaSHUAA Capital p.s.c.