UCA shares close at record low
United Cooperative Insurance Co. (UCA), listed under the insurance sector on TASI, closed 3% lower at an all-time low of SAR 4.52 today, Oct. 29.
The stock reached an intraday low of SAR 4.43.
| Year High (SAR) | Year Low (SAR) |
| 11.22 | 4.43 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 36.21 | 4.43 |
With today’s decline, the stock has lost about 50% year to date.
Market Data :
| Open | 4.65 |
| Low | 4.43 |
| High | 4.69 |
| Previous Close | 4.64 |
| Change (3M) | (32.44 %) |
| Change (6M) | (49.21 %) |
| Market Value | 180.80 |
| Avg. Volume (3M) | 470,480.86 |
| Avg. Turnover (3M) | 2,430,978.78 |
| Avg. Transaction (3M) | 769.65 |
| Change(12M) | (55.34 %) |
| YTD | (49.33 %) |
The insurer has made several adjustments to its capital.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2024 | Reduction | 300.00 | (25.00%) |
| 2023 | Right Issue Cancelled | 700.00 | 75.00% |
| 2022 | Private Offering Cancelled | 592.60 | 48.15% |
| 2021 | Right Issue Cancelled | 700.00 | 75.00% |
| 2018 | Reduction | 400.00 | (18.37%) |
| 2015 | Right Issue | 490.00 | 75.00% |
| 2013 | Split | 280.00 | 40.00% |
| 2008 | IPO | 200.00 | 66.67% |
Overview :
Established in 2008 as a Saudi joint-stock company with capital of SAR 200 million, the company was initially based in Jeddah before its headquarters was relocated to Riyadh in 2023.
The company offers insurance and reinsurance services across seven key segments. The medical insurance segment covers medical expenses, medications, and various medical services and supplies. The comprehensive motor insurance segment is the company's primary revenue source, covering vehicle-related losses and l...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 180.80 |
| EPS ( ) (TTM) | (3.13 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 4.15 |
| Recurring P/E | Neg |
| Price/Book | 1.09 |
| Dividend Yield (%) (Last Year) | 0.00 |
| Return on Average Assets (%) (TTM) | (15.88 ) |
| Return on Average Equity (%) (TTM) | (57.39 ) |
| Shares Outstanding (M) | 40.00 |
| Par Value ( Riyal) | 10.00 |
| Return on Market Cap (%) | (41.96 ) |
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