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Salama Cooperative Insurance SASE:8050 Stock Report

Last Price

ر.س27.85

Market Cap

ر.س547.0m

7D

5.7%

1Y

19.0%

Updated

26 Aug, 2024

Data

Company Financials

Salama Cooperative Insurance Company

SASE:8050 Stock Report

Market Cap: ر.س547.0m

8050 Stock Overview

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

8050 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
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.س27.85
52 Week Highر.س37.00
52 Week Lowر.س18.38
Beta0.55
11 Month Change-0.36%
3 Month Change-3.97%
1 Year Change19.02%
33 Year Change-56.06%
5 Year Change1.09%
Change since IPO-88.30%

Recent News & Updates

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

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
7D5.7%1.0%-0.07%
1Y19.0%42.6%-11.9%

Return vs Industry: 8050 underperformed the SA Insurance industry which returned 42.6% over the past year.

Return vs Market: 8050 exceeded the SA Market which returned -11.9% over the past year.

Price Volatility

Is 8050's price volatile compared to industry and market?
8050 volatility
8050 Average Weekly Movement5.7%
Insurance Industry Average Movement5.3%
Market Average Movement4.6%
10% most volatile stocks in SA Market7.7%
10% least volatile stocks in SA Market2.7%

Stable Share Price: 8050 has not had significant price volatility in the past 3 months.

Volatility Over Time: 8050's weekly volatility (6%) has been stable over the past year.

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.س547.00m
Earnings (TTM)ر.س42.48m
Revenue (TTM)ر.س793.26m

13.1x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8050 income statement (TTM)
Revenueر.س793.26m
Cost of Revenueر.س724.90m
Gross Profitر.س68.36m
Other Expensesر.س25.88m
Earningsر.س42.48m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.12
Gross Margin8.62%
Net Profit Margin5.36%
Debt/Equity Ratio0%

How did 8050 perform over the long term?

See historical performance and comparison