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Salama Cooperative Insurance SASE:8050 Stock Report

Last Price

ر.س16.72

Market Cap

ر.س334.4m

7D

-3.1%

1Y

-12.7%

Updated

21 Dec, 2024

Data

Company Financials

Salama Cooperative Insurance Company

SASE:8050 Stock Report

Market Cap: ر.س334.4m

8050 Stock Overview

Provides insurance products and services in the Kingdom of Saudi Arabia and internationally. More details

8050 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Salama Cooperative Insurance Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Salama Cooperative Insurance
Historical stock prices
Current Share Priceر.س16.72
52 Week Highر.س36.70
52 Week Lowر.س16.70
Beta0.47
1 Month Change-22.01%
3 Month Change-37.38%
1 Year Change-12.73%
3 Year Change-62.68%
5 Year Change-43.61%
Change since IPO-92.98%

Recent News & Updates

Salama Cooperative Insurance Company (TADAWUL:8050) Might Not Be As Mispriced As It Looks After Plunging 26%

Dec 18
Salama Cooperative Insurance Company (TADAWUL:8050) Might Not Be As Mispriced As It Looks After Plunging 26%

Fewer Investors Than Expected Jumping On Salama Cooperative Insurance Company (TADAWUL:8050)

Aug 06
Fewer Investors Than Expected Jumping On Salama Cooperative Insurance Company (TADAWUL:8050)

Recent updates

Salama Cooperative Insurance Company (TADAWUL:8050) Might Not Be As Mispriced As It Looks After Plunging 26%

Dec 18
Salama Cooperative Insurance Company (TADAWUL:8050) Might Not Be As Mispriced As It Looks After Plunging 26%

Fewer Investors Than Expected Jumping On Salama Cooperative Insurance Company (TADAWUL:8050)

Aug 06
Fewer Investors Than Expected Jumping On Salama Cooperative Insurance Company (TADAWUL:8050)

A Piece Of The Puzzle Missing From Salama Cooperative Insurance Company's (TADAWUL:8050) 27% Share Price Climb

Feb 18
A Piece Of The Puzzle Missing From Salama Cooperative Insurance Company's (TADAWUL:8050) 27% Share Price Climb

Investors Continue Waiting On Sidelines For Salama Cooperative Insurance Company (TADAWUL:8050)

Jan 03
Investors Continue Waiting On Sidelines For Salama Cooperative Insurance Company (TADAWUL:8050)

Even With A 30% Surge, Cautious Investors Are Not Rewarding Salama Cooperative Insurance Company's (TADAWUL:8050) Performance Completely

Sep 11
Even With A 30% Surge, Cautious Investors Are Not Rewarding Salama Cooperative Insurance Company's (TADAWUL:8050) Performance Completely

Salama Cooperative Insurance (TADAWUL:8050) Shareholders Have Enjoyed An Impressive 166% Share Price Gain

Jan 21
Salama Cooperative Insurance (TADAWUL:8050) Shareholders Have Enjoyed An Impressive 166% Share Price Gain

Salama Cooperative Insurance Company (TADAWUL:8050) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Nov 20
Salama Cooperative Insurance Company (TADAWUL:8050) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Shareholder Returns

8050SA InsuranceSA Market
7D-3.1%-2.4%0.3%
1Y-12.7%18.7%-7.7%

Return vs Industry: 8050 underperformed the SA Insurance industry which returned 18.7% over the past year.

Return vs Market: 8050 underperformed the SA Market which returned -7.7% over the past year.

Price Volatility

Is 8050's price volatile compared to industry and market?
8050 volatility
8050 Average Weekly Movement6.8%
Insurance Industry Average Movement3.7%
Market Average Movement4.0%
10% most volatile stocks in SA Market7.8%
10% least volatile stocks in SA Market2.5%

Stable Share Price: 8050's share price has been volatile over the past 3 months compared to the SA market.

Volatility Over Time: 8050's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of SA stocks.

About the Company

FoundedEmployeesCEOWebsite
1979n/aBader Alanziwww.salama.com.sa

Salama Cooperative Insurance Company provides insurance products and services in the Kingdom of Saudi Arabia and internationally. It operates through Medical, Motor, and Others segments. It offers motor insurance products that cover accident, fire, towing, malicious, theft, estimation, and medical expenses; and medical insurance for care, medicines, chronic diseases, vaccination, maternity and neonatal, physiotherapy, ophthalmology, dental care, oncology, and CCHI.

Salama Cooperative Insurance Company Fundamentals Summary

How do Salama Cooperative Insurance's earnings and revenue compare to its market cap?
8050 fundamental statistics
Market capر.س334.40m
Earnings (TTM)ر.س35.70m
Revenue (TTM)ر.س776.17m

9.4x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8050 income statement (TTM)
Revenueر.س776.17m
Cost of Revenueر.س540.09m
Gross Profitر.س236.08m
Other Expensesر.س200.38m
Earningsر.س35.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.79
Gross Margin30.42%
Net Profit Margin4.60%
Debt/Equity Ratio0%

How did 8050 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 00:25
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

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

Salama Cooperative Insurance Company is covered by 1 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.