Risk factor
Very vulnerable to price shocks
Profitability factor
Very low or no dividends
About
Headquartered in Riyadh, Saudi Arabia, Malath Cooperative Insurance Company, founded in 2007, provides a broad spectrum of insurance products and services. Its diverse client base includes individuals, small to large businesses, and corporate entities throughout the Kingdom of Saudi Arabia. The company operates through distinct segments: Medical, Motor, Property and Casualty, and Protection and Savings. Malath's offerings range from marine insurance, protecting cargo in transit and vessels against maritime risks, to engineering coverage for construction works and the installation of plant and machinery. Additionally, it offers crucial policies such as health, motor vehicle, fire and burglary, public liability, personal accident, and worker's compensation insurance.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITD.
Target Price
The average target price of 8020.SR is 11.1 and suggests 11.9% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommenda