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Salama Cooperative Insurance SASE:8050 Stock Report

Last Price

ر.س28.00

Market Cap

ر.س568.0m

7D

-3.3%

1Y

18.5%

Updated

25 Jul, 2024

Data

Company Financials

Salama Cooperative Insurance Company

SASE:8050 Stock Report

Market Cap: ر.س568.0m

8050 Stock Overview

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

8050 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Salama Cooperative Insurance Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Salama Cooperative Insurance
Historical stock prices
Current Share Priceر.س28.00
52 Week Highر.س37.00
52 Week Lowر.س18.38
Beta0.55
11 Month Change0.36%
3 Month Change-19.08%
1 Year Change18.54%
33 Year Change-59.20%
5 Year Change-15.15%
Change since IPO-88.24%

Recent News & Updates

Recent updates

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-3.3%-0.5%-1.5%
1Y18.5%48.7%-8.8%

Return vs Industry: 8050 underperformed the SA Insurance industry which returned 50.6% over the past year.

Return vs Market: 8050 exceeded the SA Market which returned -8.9% over the past year.

Price Volatility

Is 8050's price volatile compared to industry and market?
8050 volatility
8050 Average Weekly Movement5.8%
Insurance Industry Average Movement5.5%
Market Average Movement4.3%
10% most volatile stocks in SA Market7.3%
10% least volatile stocks in SA Market2.6%

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

Volatility Over Time: 8050's weekly volatility (6%) 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.س568.00m
Earnings (TTM)ر.س48.71m
Revenue (TTM)ر.س817.51m

11.5x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8050 income statement (TTM)
Revenueر.س817.51m
Cost of Revenueر.س750.77m
Gross Profitر.س66.74m
Other Expensesر.س18.04m
Earningsر.س48.71m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.44
Gross Margin8.16%
Net Profit Margin5.96%
Debt/Equity Ratio0%

How did 8050 perform over the long term?

See historical performance and comparison
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