Bupa Arabia hits highest price since listing

16/10/2023 Argaam Exclusive

Shares of Bupa Arabia for Cooperative Insurance Co. hit today, Oct. 16, their highest level since listing at SAR 228.80 each.

Highest per Year (Riyal) Lowest per Year (Riyal)
228.80 129.31
Highest since listing (Riyal) Lowest since listing (Riyal)
228.80 2.38
The stock closed 4% higher at SAR 219.80, as nearly 314,200 shares changed hands.
 
Accordingly, the year-to-date gain of the stock reached about 52%, as it jumped 16% during the last three months.

Market Data :

Open 208.80
Low 207.00
High 210.00
Previous Close 210.00
Change (3M) (12.13 %)
Change (6M) (12.86 %)
Market Value 31,140.00
Avg. Volume (3M) 138,569.14
Avg. Turnover (3M) 31,588,545.92
Avg. Transaction (3M) 2,505.45
Change(12M) 0.67 %
YTD (1.59 %)

The insurer increased its capital three times through issuing bonus shares, as indicated in the table below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2022 Split   1,500.00 25.00%
2018 Split   1,200.00 50.00%
2015 Split   800.00 100.00%
2008 IPO   400.00 66.67%

Overview :

Bupa Arabia For Cooperative Insurance Co. was established as a Saudi joint-stock company pursuant to Royal Decree No. M/74 dated 29/8/1428H (corresponding to 11/9/2007G), registered under Commercial Registration No. 4030178881, dated 5/5/1429H (corresponding to 11/5/2007H). The company is specialized in providing a wide range of cooperative health insurance products.


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 31,110.00
EPS ( Riyal) (TTM) 7.63
Book Value (BV) ( Riyal) (Latest announcement) 31.81
Adjusted P/E (Last12) 27.19
Price/Book 6.52
Dividend Yield (%) (Last Year) 1.93
Return on Average Assets (%) (TTM) 7.83
Return on Average Equity (%) (TTM) 25.37
Shares Outstanding (M) 150.00
Par Value ( Riyal) 10.00
Return on Market Cap (%) 3.09


Analyst Estimates :

0

Fair Average Price

1

Number of Recommendations

Rating Research firm Current Price Target Price Change
Under Review U-Capital 176.20 -

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