Financials The Company for Cooperative Insurance

Equities

8010

SA000A0DPSH3

Life & Health Insurance

End-of-day quote Saudi Arabian S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
152 SAR -4.28% Intraday chart for The Company for Cooperative Insurance +3.12% +16.74%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,588 9,963 9,688 10,063 19,530 22,800 - -
Enterprise Value (EV) 1 9,588 9,963 9,688 10,063 19,530 22,800 22,800 22,800
P/E ratio 29.3 x 25.3 x 36.4 x 25.7 x 31.7 x 26.7 x 21.3 x 22.4 x
Yield - 1% 1.03% - 0.77% 0.96% 1.24% -
Capitalization / Revenue 1.39 x 1.41 x 1.22 x 0.95 x 1.28 x 1.24 x 1.11 x 0.98 x
EV / Revenue 1.39 x 1.41 x 1.22 x 0.95 x 1.28 x 1.24 x 1.11 x 0.98 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 4 x 3.55 x 3.19 x 2.99 x 5.39 x 5.07 x 3.98 x -
Nbr of stocks (in thousands) 150,001 150,001 150,001 150,001 150,000 150,000 - -
Reference price 2 63.92 66.42 64.58 67.08 130.2 152.0 152.0 152.0
Announcement Date 3/5/20 3/21/21 3/17/22 3/9/23 3/7/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,891 7,065 7,930 10,561 15,265 18,422 20,522 23,329
EBITDA - - - - - - - -
EBIT 1 402.2 514.5 372.5 - 681.2 995 1,261 -
Operating Margin 5.84% 7.28% 4.7% - 4.46% 5.4% 6.14% -
Earnings before Tax (EBT) 1 402.2 514.5 350.1 480.4 717.8 1,020 1,194 1,230
Net income 1 327.6 393.3 266.6 391 616.4 850 1,020 1,025
Net margin 4.75% 5.57% 3.36% 3.7% 4.04% 4.61% 4.97% 4.39%
EPS 2 2.183 2.625 1.775 2.608 4.110 5.700 7.144 6.800
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - 0.6667 0.6667 - 1.000 1.453 1.887 -
Announcement Date 3/5/20 3/21/21 3/17/22 3/9/23 3/7/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 1,865 2,116 3,507 3,223 2,638 3,142 3,407 3,697 3,961 4,200 4,309
EBITDA - - - - - - - - - - -
EBIT - - - - - - - - - - -
Operating Margin - - - - - - - - - - -
Earnings before Tax (EBT) - - - 210.7 - - - - - - -
Net income 1 267.2 -0.609 20.03 186.7 322.3 68.69 74.47 245.9 206.3 89.82 139
Net margin 14.33% -0.03% 0.57% 5.79% 12.22% 2.19% 2.19% 6.65% 5.21% 2.14% 3.23%
EPS - - - - - - - - - - -
Dividend per Share - - - - - - - - - - -
Announcement Date 11/4/21 3/17/22 5/19/22 8/14/22 11/1/22 3/9/23 6/22/23 8/14/23 11/9/23 3/7/24 -
1SAR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 15.2% 19.7% 9.12% - 18.3% 21% 20.4% -
ROA (Net income/ Total Assets) 2.45% 3.63% 1.84% - 3.66% 4.7% 5.1% -
Assets 1 13,371 10,846 14,525 - 16,839 18,085 20,010 -
Book Value Per Share 2 16.00 18.70 20.30 22.40 24.10 30.00 38.20 -
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 3/5/20 3/21/21 3/17/22 3/9/23 3/7/24 - - -
1SAR in Million2SAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
152 SAR
Average target price
130.3 SAR
Spread / Average Target
-14.25%
Consensus

Quarterly revenue - Rate of surprise

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