Reported Earnings • May 14
First quarter 2026 earnings released: EPS: ر.س0.002 (vs ر.س0.022 in 1Q 2025) First quarter 2026 results: EPS: ر.س0.002 (down from ر.س0.022 in 1Q 2025). Revenue: ر.س33.8m (down 42% from 1Q 2025). Net income: ر.س37.0k (down 93% from 1Q 2025). Profit margin: 0.1% (down from 0.9% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. New Risk • May 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Market cap is less than US$100m (ر.س217.4m market cap, or US$57.9m). Board Change • May 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Chairman of Board Khalid Abid Gama was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Feb 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 6.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.9% average weekly change). Minor Risk Market cap is less than US$100m (ر.س167.0m market cap, or US$44.5m). New Risk • Jan 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Market cap is less than US$100m (ر.س185.6m market cap, or US$49.5m). Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: ر.س0.03 (vs ر.س0.66 loss in 3Q 2024) Third quarter 2025 results: EPS: ر.س0.03 (up from ر.س0.66 loss in 3Q 2024). Revenue: ر.س34.4m (down 44% from 3Q 2024). Net income: ر.س727.0k (up ر.س15.9m from 3Q 2024). Profit margin: 2.1% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: ر.س0.007 (vs ر.س0.032 in 2Q 2024) Second quarter 2025 results: EPS: ر.س0.007 (down from ر.س0.032 in 2Q 2024). Revenue: ر.س51.2m (down 16% from 2Q 2024). Net income: ر.س169.0k (down 77% from 2Q 2024). Profit margin: 0.3% (down from 1.2% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Announcement • Jun 05
Saudi Enaya Cooperative Insurance Company, Annual General Meeting, Jun 30, 2025 Saudi Enaya Cooperative Insurance Company, Annual General Meeting, Jun 30, 2025, at 20:00 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • May 20
First quarter 2025 earnings released: EPS: ر.س0.02 (vs ر.س0.13 loss in 1Q 2024) First quarter 2025 results: EPS: ر.س0.02 (up from ر.س0.13 loss in 1Q 2024). Revenue: ر.س55.9m (down 14% from 1Q 2024). Net income: ر.س513.0k (up ر.س3.52m from 1Q 2024). Profit margin: 0.9% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Announcement • Apr 08
Saudi Enaya Cooperative Insurance Co. Announces Resignation of Khaled Atiq Al Dhaheri as A Member of the Board of Directors and the Executive Committee Enaya Saudi Cooperative Insurance Company announced the Board of Directors' decision dated 08/10/1446 AH corresponding to 06/04/2025 AD to accept the resignation of Mr. Khaled Atiq Al Dhaheri from his position as a member of the Board of Directors and the Executive Committee, effective from 08/10/1446 AH corresponding to 06/04/2025 AD, for personal reasons. Reported Earnings • Mar 29
Full year 2024 earnings released: ر.س1.16 loss per share (vs ر.س0.88 profit in FY 2023) Full year 2024 results: ر.س1.16 loss per share (down from ر.س0.88 profit in FY 2023). Revenue: ر.س233.5m (down 14% from FY 2023). Net loss: ر.س26.8m (down 232% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Third quarter 2024 earnings released: ر.س0.66 loss per share (vs ر.س0.46 profit in 3Q 2023) Third quarter 2024 results: ر.س0.66 loss per share (down from ر.س0.46 profit in 3Q 2023). Revenue: ر.س61.5m (down 18% from 3Q 2023). Net loss: ر.س15.2m (down 243% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. New Risk • Sep 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ر.س18.08, the stock trades at a trailing P/E ratio of 45.8x. Average trailing P/E is 25x in the Insurance industry in Saudi Arabia. Total loss to shareholders of 58% over the past three years. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: ر.س0.032 (vs ر.س0.19 in 2Q 2023) Second quarter 2024 results: EPS: ر.س0.032 (down from ر.س0.19 in 2Q 2023). Revenue: ر.س60.8m (down 3.4% from 2Q 2023). Net income: ر.س728.0k (down 84% from 2Q 2023). Profit margin: 1.2% (down from 7.0% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ر.س13.54, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 22x in the Insurance industry in Saudi Arabia. Total loss to shareholders of 71% over the past three years. Reported Earnings • May 20
First quarter 2024 earnings released: ر.س0.13 loss per share (vs ر.س0.19 profit in 1Q 2023) First quarter 2024 results: ر.س0.13 loss per share (down from ر.س0.19 profit in 1Q 2023). Revenue: ر.س59.7m (up 2.5% from 1Q 2023). Net loss: ر.س3.00m (down 168% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Announcement • May 18
Saudi Enaya Cooperative Insurance Company, Annual General Meeting, Jun 06, 2024 Saudi Enaya Cooperative Insurance Company, Annual General Meeting, Jun 06, 2024, at 18:30 Arab Standard Time. Location: jeddah Saudi Arabia New Risk • May 13
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ر.س374.0m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (ر.س374.0m market cap, or US$99.7m). Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Independent Chairman of Board Khalid Abid Gama was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 29
Full year 2023 earnings released: EPS: ر.س0.88 (vs ر.س0.70 loss in FY 2022) Full year 2023 results: EPS: ر.س0.88 (up from ر.س0.70 loss in FY 2022). Revenue: ر.س270.7m (up 9.1% from FY 2022). Net income: ر.س20.2m (up ر.س29.8m from FY 2022). Profit margin: 7.5% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ر.س19.36, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 21x in the Insurance industry in Saudi Arabia. Total loss to shareholders of 56% over the past three years. Announcement • Dec 12
Saudi Enaya Cooperative Insurance Company has filed a Follow-on Equity Offering in the amount of SAR 150 million. Saudi Enaya Cooperative Insurance Company has filed a Follow-on Equity Offering in the amount of SAR 150 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: Rights Offering Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ر.س14.98, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 18x in the Insurance industry in Saudi Arabia. Total loss to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ر.س12.72, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 19x in the Insurance industry in Saudi Arabia. Total loss to shareholders of 65% over the past three years. New Risk • Nov 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (ر.س295.3m market cap, or US$78.7m). Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: ر.س0.46 (vs ر.س1.00 loss in 3Q 2022) Third quarter 2023 results: EPS: ر.س0.46 (up from ر.س1.00 loss in 3Q 2022). Revenue: ر.س74.3m (up 37% from 3Q 2022). Net income: ر.س10.6m (up ر.س20.6m from 3Q 2022). Profit margin: 14% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ر.س13.16, the stock trades at a trailing P/E ratio of 76.9x. Average trailing P/E is 21x in the Insurance industry in Saudi Arabia. Total loss to shareholders of 59% over the past three years. Reported Earnings • Jul 07
First quarter 2023 earnings released: EPS: ر.س0.19 (vs ر.س0.91 loss in 1Q 2022) First quarter 2023 results: EPS: ر.س0.19 (up from ر.س0.91 loss in 1Q 2022). Revenue: ر.س58.2m (up 3.9% from 1Q 2022). Net income: ر.س4.45m (up ر.س13.5m from 1Q 2022). Profit margin: 7.6% (up from net loss in 1Q 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Vice Chairman of the Board Faisal Tamer was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Aug 25
Second quarter 2022 earnings released: EPS: ر.س0.20 (vs ر.س0.62 loss in 2Q 2021) Second quarter 2022 results: EPS: ر.س0.20 (up from ر.س0.62 loss in 2Q 2021). Revenue: ر.س61.4m (up 43% from 2Q 2021). Net income: ر.س3.02m (up ر.س12.3m from 2Q 2021). Profit margin: 4.9% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Aug 13
Saudi Enaya Cooperative Insurance Co. Announces Resignation of Cornelius Alexander Ionnes Ankel as Board Member Saudi Enaya Cooperative Insurance Co. Announces that the Board Member, and the Chairman of Risk Committee member Mr. Cornelius Alexander Ionnes Ankel resigned on 29/11/1443 corresponding June 28, 2022, due to personal reasons. The resignation was accepted by the Board of Directors on 13/11/1444 corresponding August 11, 2022 provided that it applies from 12/11/1444 corresponding August 11, 2022, noted that Mr. Cornelius Alexander Ionnes Ankel start as Non-independent for the current Board of Director’s period was on 24/07/1442 corresponding March 08, 2021. Reported Earnings • May 31
First quarter 2022 earnings released: ر.س1.17 loss per share (vs ر.س1.46 loss in 1Q 2021) First quarter 2022 results: ر.س1.17 loss per share (up from ر.س1.46 loss in 1Q 2021). Revenue: ر.س52.7m (up 55% from 1Q 2021). Net loss: ر.س17.5m (loss narrowed 20% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Vice Chairman of the Board Faisal Tamer was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Apr 03
Full year 2021 earnings released: ر.س4.13 loss per share (vs ر.س1.89 loss in FY 2020) Full year 2021 results: ر.س4.13 loss per share (down from ر.س1.89 loss in FY 2020). Revenue: ر.س166.4m (down 8.5% from FY 2020). Net loss: ر.س62.0m (loss widened 118% from FY 2020). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Third quarter 2021 earnings released: ر.س0.91 loss per share (vs ر.س0.71 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ر.س38.5m (down 13% from 3Q 2020). Net loss: ر.س13.6m (loss widened 27% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: ر.س0.62 loss per share (vs ر.س0.16 loss in 2Q 2020) The company reported a poor second quarter result with increased losses and weaker control over costs, although revenues were flat. Second quarter 2021 results: Revenue: ر.س45.6m (flat on 2Q 2020). Net loss: ر.س9.31m (loss widened 293% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • May 19
First quarter 2021 earnings released: ر.س1.46 loss per share (vs ر.س0.72 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: ر.س39.2m (down 9.6% from 1Q 2020). Net loss: ر.س21.9m (loss widened 102% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 23
Full year 2020 earnings released: ر.س1.89 loss per share (vs ر.س7.22 loss in FY 2019) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: ر.س181.5m (up 101% from FY 2019). Net loss: ر.س28.4m (loss narrowed 73% from FY 2019). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 09
New 90-day high: ر.س41.35 The company is up 18% from its price of ر.س35.15 on 09 December 2020. The Saudi market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 4.0% over the same period. Announcement • Feb 09
Saudi Enaya Cooperative Insurance Company, Annual General Meeting, Mar 04, 2021 Saudi Enaya Cooperative Insurance Company, Annual General Meeting, Mar 04, 2021, at 15:30 Coordinated Universal Time. Location: Jeddah - Head Office Al-Rawda District, Though Tadawulaty Riydah Saudi Arabia Is New 90 Day High Low • Jan 26
New 90-day high: ر.س39.00 The company is up 25% from its price of ر.س31.30 on 28 October 2020. The Saudi market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 5.0% over the same period. Announcement • Dec 15
Saudi Enaya Cooperative Insurance Co. Announces Appointment of A Board Member Saudi Enaya Cooperative Insurance Company announces the approval of the Board of Directors to appoint Mr. Hamad Abdulla Mohamed Almehyas Al Ali, as a representative of the National Health Insurance Company – Daman – non executive member of the Board of Directors of the company, as a replacement for the resigning member Mr. Khaled Abdulla Almass, and to appoint Mr. Amr Mohamed K Khashoggi, independent member of the Board of Directors of the company, as a replacement for the resigning member Dr. Mazen Suliman Fakeeh according to the board resolution of the Board of Directors (circulation) dated 12/03/1442 corresponding 29/10/2020 until the end of the current period of the Board of Directors on 07/03/2021. Reported Earnings • Nov 07
Third quarter 2020 earnings released: ر.س0.71 loss per share The company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: ر.س43.6m (up 106% from 3Q 2019). Net loss: ر.س10.7m (loss narrowed 68% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Nov 03
Saudi Enaya Cooperative Insurance Co. Announces Resignation of Mazen Soliman Fakeeh as Board Member, and the Chairman of Nomination and Remuneration Committee and Risk Committee Member Saudi Enaya Cooperative Insurance Company announced that the Board Member, and the Chairman of Nomination and Remuneration Committee and Risk Committee member Dr. Mazen Soliman Fakeeh was resigned on October 21, 2020 due to personal reasons. The resignation was accepted by the Board of Directors on October 29, 2020. 