MEDGULF closes at 18-month low

06/08/2025 Argaam Exclusive

The Mediterranean and Gulf Insurance and Reinsurance Co.’s (MEDGULF) stock fell today, Aug. 6, by 2% hitting SAR 15.80, marking its lowest closing in 18 months.

 

The stock reached its intraday low at SAR 15.15.

 

Earlier today, the insurer announced incurring a loss of SAR 1.5 million in Q2 2025.

Year High (SAR) Year Low (SAR)
29.65 15.15
Highest Since Debut (SAR) Lowest Since Debut (SAR)
148.13 7.53

Accordingly, the year-to-date (YTD) losses of the stock reached 40%.

Market Data :

Open 17.00
Low 16.78
High 17.00
Previous Close 16.91
Change (3M) (18.18 %)
Change (6M) (38.25 %)
Market Value 1,776.60
Avg. Volume (3M) 1,399,633.60
Avg. Turnover (3M) 25,359,988.19
Avg. Transaction (3M) 2,868.02
Change(12M) (37.45 %)
YTD (35.05 %)

Since its listing on the Saudi Exchange (Tadawul), MEDGULF has amended its capital several times, as shown below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2025 Private Offering   1,381.58 31.58%
2021 Right Issue   1,050.00 50.00%
2021 Reduction   700.00 (12.50%)
2018 Right Issue   800.00 100.00%
2017 Reduction   400.00 (60.00%)
2017 Right Issue   Cancelled 800.00 100.00%
2013 Split   1,000.00 25.00%
2007 IPO   800.00 0.00%

Overview :

Founded as a Saudi joint-stock company in Riyadh in 2006, the company's operations commenced earlier, in 1995, under an exclusive agency agreement between MEDGULF Bahrain and Samia Corporation. The company was transitioned into a Saudi public joint-stock company in 2007. The company provides insurance and reinsurance services across five primary business segments. The largest is medical insurance, which serves as the company's primary revenue source and covers medical and pharmaceutical...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 1,776.60
EPS ( Riyal) (TTM) 0.57
Book Value (BV) ( Riyal) (Latest announcement) 9.99
Recurring P/E 29.47
Price/Book 1.69
Dividend Yield (%) (Last Year) 0.00
Return on Average Assets (%) (TTM) 1.98
Return on Average Equity (%) (TTM) 5.95
Shares Outstanding (M) 105.00
Par Value ( Riyal) 10.00
Return on Market Cap (%) 2.86


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