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8310

Amana Cooperative InsuranceSASE:8310 Stock Report

Market Cap

ر.س579.8m

7D

58.7%

1Y

-35.6%

Updated

30 Nov, 2021

Data

Company Financials
8310 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

8310 Stock Overview

Amana Cooperative Insurance Company provides various insurance products and services to corporate and individual clients in the Kingdom of Saudi Arabia.

Amana Cooperative Insurance Competitors

Stanbic Holdings

NASE:SBIC

KSh36.5b

Jubilee Holdings

NASE:JUB

KSh24.6b

Price History & Performance

Summary of all time highs, changes and price drops for Amana Cooperative Insurance
Historical stock prices
Current Share Priceر.س44.60
52 Week Highر.س82.62
52 Week Lowر.س27.40
Beta0.30
1 Month Change-7.08%
3 Month Change-18.76%
1 Year Change-35.58%
3 Year Change19.36%
5 Year Change23.91%
Change since IPO-26.09%

Recent News & Updates

Jan 26
Amana Cooperative Insurance Company (TADAWUL:8310) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Amana Cooperative Insurance Company (TADAWUL:8310) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Amana Cooperative Insurance (TADAWUL:8310) has had a great run on the share market with its stock up by a significant...

Shareholder Returns

8310SA InsuranceSA Market
7D58.7%1.3%-1.6%
1Y-35.6%-0.5%3.6%

Return vs Industry: 8310 underperformed the SA Insurance industry which returned -0.5% over the past year.

Return vs Market: 8310 underperformed the SA Market which returned 3.6% over the past year.

Price Volatility

Is 8310's price volatile compared to industry and market?
8310 volatility
8310 Average Weekly Movement8.5%
Insurance Industry Average Movement3.8%
Market Average Movement3.8%
10% most volatile stocks in SA Market5.8%
10% least volatile stocks in SA Market2.3%

Stable Share Price: 8310 is more volatile than 90% of SA stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 8310's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of SA stocks.

About the Company

FoundedEmployeesCEOWebsite
2010n/aSulaiman Hilalhttps://www.amana.sa

Amana Cooperative Insurance Company provides various insurance products and services to corporate and individual clients in the Kingdom of Saudi Arabia. The company offers engineering, fidelity, general, healthcare, marine cargo, money, motor, personal, property, travel, and workmen insurance products, as well as other specialized insurance solutions. Amana Cooperative Insurance Company was founded in 2010 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Amana Cooperative Insurance Fundamentals Summary

How do Amana Cooperative Insurance's earnings and revenue compare to its market cap?
8310 fundamental statistics
Market Capر.س579.80m
Earnings (TTM)-ر.س122.64m
Revenue (TTM)ر.س265.19m

2.2x

P/S Ratio

-4.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8310 income statement (TTM)
Revenueر.س265.19m
Cost of Revenueر.س293.80m
Gross Profit-ر.س28.60m
Expensesر.س94.04m
Earnings-ر.س122.64m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-9.43
Gross Margin-10.79%
Net Profit Margin-46.25%
Debt/Equity Ratio0.0%

How did 8310 perform over the long term?

See historical performance and comparison

Valuation

Is Amana Cooperative Insurance undervalued compared to its fair value and its price relative to the market?

67.56x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8310's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8310's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8310 is unprofitable, so we can't compare its PE Ratio to the SA Insurance industry average.

PE vs Market: 8310 is unprofitable, so we can't compare its PE Ratio to the SA market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8310's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8310 is overvalued based on its PB Ratio (67.6x) compared to the SA Insurance industry average (2.5x).


Future Growth

How is Amana Cooperative Insurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.8%

Forecasted Insurance industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Amana Cooperative Insurance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Amana Cooperative Insurance performed over the past 5 years?

-68.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8310 is currently unprofitable.

Growing Profit Margin: 8310 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8310 is unprofitable, and losses have increased over the past 5 years at a rate of 68.3% per year.

Accelerating Growth: Unable to compare 8310's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8310 is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (9%).


Return on Equity

High ROE: 8310 has a negative Return on Equity (-1429.06%), as it is currently unprofitable.


Financial Health

How is Amana Cooperative Insurance's financial position?


Financial Position Analysis

Short Term Liabilities: 8310's short term assets (SAR272.1M) do not cover its short term liabilities (SAR336.0M).

Long Term Liabilities: 8310's short term assets (SAR272.1M) exceed its long term liabilities (SAR9.2M).


Debt to Equity History and Analysis

Debt Level: 8310 is debt free.

Reducing Debt: 8310 has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 8310 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 8310 has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 7.7% each year.


Dividend

What is Amana Cooperative Insurance current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8310's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8310's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 8310's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8310's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8310's dividend in 3 years as they are not forecast to pay a notable one for the SA market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average management tenure


CEO

Sulaiman Hilal

no data

Tenure

Mr. Sulaiman Hilal serves as Chief Executive Officer of Amana Cooperative Insurance Company.


Leadership Team

Experienced Management: 8310's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Amana Cooperative Insurance Company's employee growth, exchange listings and data sources


Key Information

  • Name: Amana Cooperative Insurance Company
  • Ticker: 8310
  • Exchange: SASE
  • Founded: 2010
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: ر.س579.800m
  • Shares outstanding: 13.00m
  • Website: https://www.amana.sa

Location

  • Amana Cooperative Insurance Company
  • P.O.Box 27986
  • Riyadh
  • 11427
  • Saudi Arabia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 16:04
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.