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

Last Price

ر.س27.40

Market Cap

ر.س2.9b

7D

-3.4%

1Y

208.6%

Updated

25 Apr, 2024

Data

Company Financials

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company

SASE:8030 Stock Report

Market Cap: ر.س2.9b

8030 Stock Overview

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company provides insurance and reinsurance products and related activities in the Kingdom of Saudi Arabia.

8030 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mediterranean and Gulf Cooperative Insurance and Reinsurance
Historical stock prices
Current Share Priceر.س27.40
52 Week Highر.س30.50
52 Week Lowر.س8.40
Beta0.99
1 Month Change30.60%
3 Month Change98.26%
1 Year Change208.56%
3 Year Change10.66%
5 Year Change57.52%
Change since IPO-60.04%

Recent News & Updates

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)

Recent updates

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
7D-3.4%8.6%-0.005%
1Y208.6%70.5%-2.6%

Return vs Industry: 8030 exceeded the SA Insurance industry which returned 70.5% over the past year.

Return vs Market: 8030 exceeded the SA Market which returned -2.6% over the past year.

Price Volatility

Is 8030's price volatile compared to industry and market?
8030 volatility
8030 Average Weekly Movement6.6%
Insurance Industry Average Movement6.2%
Market Average Movement4.9%
10% most volatile stocks in SA Market8.2%
10% least volatile stocks in SA Market2.6%

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

Volatility Over Time: 8030's weekly volatility (7%) 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.س2.88b
Earnings (TTM)ر.س201.47m
Revenue (TTM)ر.س3.46b

14.3x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8030 income statement (TTM)
Revenueر.س3.46b
Cost of Revenueر.س3.25b
Gross Profitر.س211.50m
Other Expensesر.س10.03m
Earningsر.س201.47m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.92
Gross Margin6.12%
Net Profit Margin5.83%
Debt/Equity Ratio0%

How did 8030 perform over the long term?

See historical performance and comparison
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