Risk factor
Moderate default risk
Profitability factor
Very low or no dividends
About
SABB Takaful Company provides a range of family and general insurance products to individual and corporate customers primarily in the Kingdom of Saudi Arabia. It operates through three segments: Individual Family Takaful, Group Family Takaful, and General Takaful. The company offers various protection plans, including travel, home, and personal accident takaful products; and wealth management plans consisting of investment, saving, education, and retirement takaful products. It also provides business protection products comprising marine cargo, business interruption or loss of profit, public liability, keyman protection, fire-property all risks, group creditors, SME package, fidelity guarantee, and money takaful plans; and employee benefits products, including group personal accident and care plans. The company was founded in 2006 is based in Riyadh, the Kingdom of Saudi Arabia. As of November 23, 2017, SABB Takaful Company operates as a subsidiary of The Saudi British Bank.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, overvalued on EV/EBITD.
