Tawuniya finishes at all-time high

02/01/2024 Argaam Exclusive

Shares of The Company for Cooperative Insurance (Tawuniya) ended today, Jan. 2, at a lifetime high of SAR 141.20 apiece. 

Year High (SAR) Year Low (SAR)
141.80 64.00
Highest Since Debut (SAR) Lowest Since Debut (SAR)
141.80 8.28

It logged an intraday high of SAR 141.80 per share. 

 

Accordingly, the stock’s gains since 2023-start amounted to roughly 100%. 

Market Data :

Open 128.00
Low 128.00
High 138.50
Previous Close 133.00
Change (3M) 0.74 %
Change (6M) (1.87 %)
Market Value 20,430.00
Avg. Volume (3M) 541,830.78
Avg. Turnover (3M) 68,922,840.27
Avg. Transaction (3M) 4,189.78
Change(12M) (5.15 %)
YTD (7.72 %)

Tawuniya has made several capital adjustments since its listing on Tadawul, as shown in the table below: 

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2023 Split   1,500.00 20.00%
2017 Split   1,250.00 25.00%
2013 Split   1,000.00 33.33%
2011 Split   750.00 50.00%
2005 IPO   500.00 0.00%

Overview :

The company was established in Riyadh in 1986 with capital of SAR 500 million, as the first Saudi joint-stock insurance firm to operate under the cooperative insurance companies control law. The company was transitioned from a closed to a public joint-stock company in 2004, leading to its shares being listed on the Saudi Stock Exchange (Tadawul) in 2005. The company's core activity is offering general and health insurance services, with the health insurance segment generating the larges...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 20,430.02
EPS ( Riyal) (TTM) 7.14
Book Value (BV) ( Riyal) (Latest announcement) 34.28
Recurring P/E 19.09
Price/Book 3.97
Dividend Yield (%) (Last Year) 1.10
Return on Average Assets (%) (TTM) 5.07
Return on Average Equity (%) (TTM) 22.67
Shares Outstanding (M) 150.00
Par Value ( Riyal) 10.00
Return on Market Cap (%) 5.25


Analyst Estimates :

135.1

Fair Average Price

3

Number of Recommendations

Rating Research firm Current Price Target Price Change
Overweight Al Rajhi Capital 121.40 137.00 12.85 %
Aggregate U-Capital 115.80 133.20 15.03 %
Under Review U-Capital 128.00 -

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