Walaa Cooperative Insurance Future Growth

Future criteria checks 2/6

Walaa Cooperative Insurance is forecast to grow earnings and revenue by 3.4% and 23.3% per annum respectively.

Key information

3.4%

Earnings growth rate

n/a

EPS growth rate

Insurance earnings growth	17.5%
Revenue growth rate	23.3%
Future return on equity	n/a
Analyst coverage	Low
Last updated	02 Apr 2024

Recent future growth updates

Recent updates

Positive Sentiment Still Eludes Walaa Cooperative Insurance Company (TADAWUL:8060) Following 29% Share Price Slump

Aug 08

Walaa Cooperative Insurance Company (TADAWUL:8060) Might Not Be As Mispriced As It Looks After Plunging 26%

Jun 06

Further Upside For Walaa Cooperative Insurance Company (TADAWUL:8060) Shares Could Introduce Price Risks After 26% Bounce

Mar 18

Not Many Are Piling Into Walaa Cooperative Insurance Company (TADAWUL:8060) Just Yet

Feb 01

Walaa Cooperative Insurance Company (TADAWUL:8060) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Feb 19

Did You Miss Walaa Cooperative Insurance's (TADAWUL:8060) Impressive 180% Share Price Gain?

Dec 25

Walaa Cooperative Insurance Company's (TADAWUL:8060) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Nov 20

Earnings and Revenue Growth Forecasts

SASE:8060 - Analysts future estimates and past financials data (SAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	4,497	164	N/A	N/A	1
12/31/2025	4,127	165	N/A	N/A	1
12/31/2024	3,747	159	N/A	N/A	1
6/30/2024	2,042	149	25	59	N/A
3/31/2024	1,966	164	250	277	N/A
12/31/2023	1,868	148	399	423	N/A
9/30/2023	1,735	91	136	143	N/A
6/30/2023	1,717	63	-21	-10	N/A
3/31/2023	1,629	-24	73	80	N/A
12/31/2022	1,573	-68	52	59	N/A
9/30/2022	1,414	-121	42	68	N/A
6/30/2022	1,281	-169	60	90	N/A
3/31/2022	1,239	-114	-95	-64	N/A
12/31/2021	1,166	-122	-131	-101	N/A
9/30/2021	1,096	-26	-54	-52	N/A
6/30/2021	1,030	25	-58	-66	N/A
3/31/2021	897	45	-44	-40	N/A
12/31/2020	831	59	-17	-11	N/A
9/30/2020	775	49	-12	-3	N/A
6/30/2020	734	42	-23	-15	N/A
3/31/2020	760	-3	-22	-23	N/A
12/31/2019	744	23	30	35	N/A
9/30/2019	753	14	19	34	N/A
6/30/2019	768	25	20	34	N/A
3/31/2019	793	73	40	51	N/A
12/31/2018	819	97	29	34	N/A
9/30/2018	839	113	121	125	N/A
6/30/2018	831	139	153	158	N/A
3/31/2018	820	144	N/A	148	N/A
12/31/2017	808	142	N/A	230	N/A
9/30/2017	844	139	N/A	226	N/A
6/30/2017	810	134	N/A	279	N/A
3/31/2017	752	129	N/A	350	N/A
12/31/2016	697	117	N/A	309	N/A
9/30/2016	595	103	N/A	216	N/A
6/30/2016	548	44	N/A	159	N/A
3/31/2016	499	-27	N/A	117	N/A
12/31/2015	451	-56	N/A	103	N/A
9/30/2015	391	-77	N/A	124	N/A
6/30/2015	391	-17	N/A	99	N/A
3/31/2015	356	15	N/A	143	N/A
12/31/2014	318	5	N/A	73	N/A
9/30/2014	297	26	N/A	74	N/A
6/30/2014	229	-7	N/A	71	N/A
3/31/2014	201	-7	N/A	31	N/A
12/31/2013	200	25	N/A	18	N/A
9/30/2013	198	20	N/A	-7	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8060's forecast earnings growth (3.4% per year) is below the savings rate (14.5%).

Earnings vs Market: 8060's earnings (3.4% per year) are forecast to grow slower than the SA market (7% per year).

High Growth Earnings: 8060's earnings are forecast to grow, but not significantly.

Revenue vs Market: 8060's revenue (23.3% per year) is forecast to grow faster than the SA market (1% per year).

High Growth Revenue: 8060's revenue (23.3% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 8060's Return on Equity is forecast to be high in 3 years time

Walaa Cooperative Insurance Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased to ر.س11.00

Price target increased to ر.س23.00

Price target increased to ر.س23.00

Analysts increase EPS estimates to ر.س0.62

Price target raised to ر.س20.00

Recent updates

Second quarter 2024 earnings released: EPS: ر.س0.29 (vs ر.س0.45 in 2Q 2023)

Positive Sentiment Still Eludes Walaa Cooperative Insurance Company (TADAWUL:8060) Following 29% Share Price Slump

Investor sentiment deteriorates as stock falls 20%

Walaa Cooperative Insurance Company Announces Appointment of Ahmed Ali Alquraishi as Board Member

Walaa Cooperative Insurance Company (TADAWUL:8060) Might Not Be As Mispriced As It Looks After Plunging 26%

Walaa Cooperative Insurance Company, Annual General Meeting, Jun 25, 2024

First quarter 2024 earnings released: EPS: ر.س0.47 (vs ر.س0.29 in 1Q 2023)

Investor sentiment deteriorates as stock falls 20%

New minor risk - Share price stability

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Further Upside For Walaa Cooperative Insurance Company (TADAWUL:8060) Shares Could Introduce Price Risks After 26% Bounce

Investor sentiment improves as stock rises 16%

Walaa Cooperative Insurance Company has filed a Follow-on Equity Offering in the amount of SAR 467.5 million.

Not Many Are Piling Into Walaa Cooperative Insurance Company (TADAWUL:8060) Just Yet

Third quarter 2023 earnings released: EPS: ر.س0.47 (vs ر.س0.27 loss in 3Q 2022)

New minor risk - Shareholder dilution

New minor risk - Share price stability

Second quarter 2023 earnings released: EPS: ر.س0.45 (vs ر.س0.041 in 2Q 2022)

First quarter 2023 earnings released: EPS: ر.س0.29 (vs ر.س0.57 loss in 1Q 2022)

New major risk - Revenue and earnings growth

Price target decreased to ر.س11.00

Walaa Cooperative Insurance Company Receives SAMA Approval on Renewing the Insurance and Reinsurance License

Price target increased to ر.س23.00

Less than half of directors are independent

Third quarter 2022 earnings released: ر.س0.27 loss per share (vs ر.س0.57 loss in 3Q 2021)

Second quarter 2022 earnings released: EPS: ر.س0.041 (vs ر.س0.11 in 2Q 2021)

Walaa Cooperative Insurance Co. Appoints Board Chairman and Vice Charmin of the Board of Directors

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to ر.س23.00

Less than half of directors are independent

Walaa Cooperative Insurance Company, Annual General Meeting, May 23, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Third quarter 2021 earnings released: ر.س0.57 loss per share (vs ر.س0.22 profit in 3Q 2020)

Second quarter 2021 earnings released: EPS ر.س0.11 (vs ر.س0.40 in 2Q 2020)

Walaa Cooperative Insurance Company (SASE:8060) signed a non-binding memorandum of understanding to acquire SABB Takaful Company (SASE:8080).

First quarter 2021 earnings released: ر.س0.43 loss per share (vs ر.س0.24 loss in 1Q 2020)

Revenue and earnings beat expectations

Full year 2020 earnings released: EPS ر.س0.79 (vs ر.س0.43 in FY 2019)

Walaa Cooperative Insurance Company (TADAWUL:8060) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

New 90-day low: ر.س19.70

Analysts increase EPS estimates to ر.س0.62

New 90-day high: ر.س23.20

Did You Miss Walaa Cooperative Insurance's (TADAWUL:8060) Impressive 180% Share Price Gain?

Arab National Bank Announces Signing Bancassurance Distribution Agreement with Walaa Cooperative Insurance Company

Walaa Cooperative Insurance Company's (TADAWUL:8060) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Price target raised to ر.س20.00

New 90-day high: ر.س20.92

New 90-day high - ر.س20.76

New 90-day high - ر.س18.68

Earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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