Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Alinma Tokio Marine Company provides various insurance products and services to individuals and corporates in the Kingdom of Saudi Arabia. It operates through Fire and Property; Marine; General Accident; Engineering; Motor Insurance; Protection and Savings, and Medical segments. The company offers insurance products in the areas of protection and savings programs; motor; and fidelity guarantee, commercial general liability, trade credit, personal accident, money, bankers blanket bond, hauliers and public liability, and workers compensation. It also provides business interruption, fire and special perils, home package, and property all risk insurance products; health insurance products; marine cargo and cargo voyage risks insurance products; and boiler and pressure vessel, contractor's all risk, contractors' plant and machinery insurance, deterioration of stock in cold storage, electronic equipment, erection all risks, loss of profits following machinery breakdown, and machinery insurance. The company was founded in 2012 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EB