Risk factor
Very vulnerable to price shocks
Profitability factor
Solid dividends
About
Gulf Insurance Group offers a comprehensive suite of insurance and reinsurance solutions tailored for individuals, small and medium-sized enterprises (SMEs), and larger corporate clients, primarily operating within Saudi Arabia. The company's product portfolio for personal and SME needs includes automobile, travel, residential, personal accident, and medical insurance. For businesses, Gulf Insurance Group provides an extensive range of policies covering motor fleets, healthcare, corporate travel, marine, life, and group personal accidents. Additionally, it delivers specialized commercial protections such as money insurance, all-risk business coverage, general and product third-party liability, workmen's compensation/employer's liability, contractors' and erection all-risk, machinery and electronic equipment breakdown, and death and disability insurance. Established in 2008, the company operated as AXA Cooperative Insurance Company until June 2022, when it rebranded to its current name. Gulf Insurance Group maintains its headquarters in Kuwait City, Kuwait.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITDA,
Target Price
The average target price of 8250.SR is 35.1 and suggests 32.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i