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Walaa Cooperative Insurance SASE:8060 Stock Report

Last Price

ر.س22.14

Market Cap

ر.س1.9b

7D

-4.4%

1Y

25.2%

Updated

26 Aug, 2024

Data

Company Financials +

Walaa Cooperative Insurance Company

SASE:8060 Stock Report

Market Cap: ر.س1.9b

Walaa Cooperative Insurance Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Walaa Cooperative Insurance
Historical stock prices
Current Share Priceر.س22.14
52 Week Highر.س35.30
52 Week Lowر.س16.14
Beta0.80
11 Month Change-20.93%
3 Month Change-10.00%
1 Year Change25.23%
33 Year Change-0.72%
5 Year Change56.36%
Change since IPO-49.39%

Recent News & Updates

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

Aug 08
Positive Sentiment Still Eludes Walaa Cooperative Insurance Company (TADAWUL:8060) Following 29% Share Price Slump

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

Jun 06
Walaa Cooperative Insurance Company (TADAWUL:8060) Might Not Be As Mispriced As It Looks After Plunging 26%

Recent updates

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

Aug 08
Positive Sentiment Still Eludes Walaa Cooperative Insurance Company (TADAWUL:8060) Following 29% Share Price Slump

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

Jun 06
Walaa Cooperative Insurance Company (TADAWUL:8060) Might Not Be As Mispriced As It Looks After Plunging 26%

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

Mar 18
Further Upside For Walaa Cooperative Insurance Company (TADAWUL:8060) Shares Could Introduce Price Risks After 26% Bounce

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

Feb 01
Not Many Are Piling Into Walaa Cooperative Insurance Company (TADAWUL:8060) Just Yet

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

Feb 19
Walaa Cooperative Insurance Company (TADAWUL:8060) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

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

Dec 25
Did You Miss Walaa Cooperative Insurance's (TADAWUL:8060) Impressive 180% Share Price Gain?

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
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?

Shareholder Returns

8060SA InsuranceSA Market
7D-4.4%1.0%-0.07%
1Y25.2%42.6%-11.9%

Return vs Industry: 8060 underperformed the SA Insurance industry which returned 42.6% over the past year.

Return vs Market: 8060 exceeded the SA Market which returned -11.9% over the past year.

Price Volatility

Is 8060's price volatile compared to industry and market?
8060 volatility
8060 Average Weekly Movement6.6%
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: 8060's share price has been volatile over the past 3 months.

Volatility Over Time: 8060's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of SA stocks.

About the Company

FoundedEmployeesCEOWebsite
2007n/aJohnson Chandebla Varughesewww.walaa.com

Walaa Cooperative Insurance Company provides cooperative insurance and reinsurance products and services in the Kingdom of Saudi Arabia. The company offers various property insurance products, including property all risk, fire and specified perils property damage, home, and loss of profit/business interruption insurance; and engineering insurance products, such as erection and construction all-risk, and contractor’s plant and machinery/equipment insurance, as well as machinery breakdown insurance (MBD), loss of profit following MBD, and deterioration of stock following MBD. It also provides motor insurance products, which include commercial and private motor comprehensive, and third party liability policies; marine insurance products, including marine cargo and hull insurance policies; medical insurance; and miscellaneous accidents insurance products, such as comprehensive general liability, professional indemnity, medical malpractice, directors and officers liability, security and private protection, fidelity guarantee, money, personal accident, workmen’s compensation and employers liability, travel, aviation hull, education, saving, critical illness, and other insurance products.

Walaa Cooperative Insurance Company Fundamentals Summary

How do Walaa Cooperative Insurance's earnings and revenue compare to its market cap?
8060 fundamental statistics
Market capر.س1.91b
Earnings (TTM)ر.س149.33m
Revenue (TTM)ر.س2.04b

12.6x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8060 income statement (TTM)
Revenueر.س2.04b
Cost of Revenueر.س1.87b
Gross Profitر.س175.83m
Other Expensesر.س26.50m
Earningsر.س149.33m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.76
Gross Margin8.61%
Net Profit Margin7.31%
Debt/Equity Ratio0%

How did 8060 perform over the long term?

See historical performance and comparison