The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company

SASE:8030 Stock Report

Market Cap: ر.س2.3b

Mediterranean and Gulf Cooperative Insurance and Reinsurance Past Earnings Performance

Past criteria checks 3/6

Mediterranean and Gulf Cooperative Insurance and Reinsurance's earnings have been declining at an average annual rate of -3.5%, while the Insurance industry saw earnings growing at 25.9% annually. Revenues have been growing at an average rate of 16% per year. Mediterranean and Gulf Cooperative Insurance and Reinsurance's return on equity is 15.7%, and it has net margins of 4.5%.

Key information

-3.5%

Earnings growth rate

-2.9%

EPS growth rate

Insurance Industry Growth-2.1%
Revenue growth rate16.0%
Return on equity15.7%
Net Margin4.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

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?

Revenue & Expenses Breakdown

How Mediterranean and Gulf Cooperative Insurance and Reinsurance makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SASE:8030 Revenue, expenses and earnings (SAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,51816040
31 Mar 243,48919260
31 Dec 233,45720150
30 Sep 233,498-8360
30 Jun 233,259-21450
31 Mar 232,906-34340
31 Dec 222,826-39740
30 Sep 222,328-303980
30 Jun 222,017-2361750
31 Mar 221,953-1652450
31 Dec 211,701-1413190
30 Sep 211,718-63090
30 Jun 211,784233420
31 Mar 211,722393800
31 Dec 201,693374040
30 Sep 201,749273900
30 Jun 201,892273760
31 Mar 202,06943480
31 Dec 192,16533230
30 Sep 192,171-873180
30 Jun 192,050-1713550
31 Mar 191,888-1823370
31 Dec 181,844-2093370
30 Sep 181,971-542570
30 Jun 182,132871510
31 Mar 182,311-3205240
31 Dec 172,471-3886000
30 Sep 172,588-4386930
30 Jun 172,729-4387570
31 Mar 172,890-414320
31 Dec 163,041683900
30 Sep 163,208-704140
30 Jun 163,388-784230
31 Mar 163,513-1944020
31 Dec 153,532-2613950
30 Sep 153,434-843620
30 Jun 153,284-973380
31 Mar 153,225903140
31 Dec 143,2151932890
30 Sep 143,197-1032620
30 Jun 143,153-1382500
31 Mar 142,937-1722530
31 Dec 132,697-1922420

Quality Earnings: 8030 has high quality earnings.

Growing Profit Margin: 8030 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 8030 has become profitable over the past 5 years, growing earnings by -3.5% per year.

Accelerating Growth: 8030 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 8030 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (-6.9%).


Return on Equity

High ROE: 8030's Return on Equity (15.7%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 08:20
End of Day Share Price 2024/12/19 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

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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.