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 129.00
Low 126.80
High 129.60
Previous Close 129.60
Change (3M) (22.02 %)
Change (6M) (8.86 %)
Market Value 19,440.00
Avg. Volume (3M) 357,964.98
Avg. Turnover (3M) 51,028,812.94
Avg. Transaction (3M) 3,453.00
Change(12M) 7.82 %
YTD (0.46 %)

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 on January 18, 1986, by Royal Decree No. M/5, under commercial registration No. 1010061695. The purpose of the company is to transact cooperative insurance operations and all related activities including medical, motor, marine, fire, engineering, energy, aviation, takaful and property and casualty insurance.


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 19,440.00
EPS ( Riyal) (TTM) 6.29
Book Value (BV) ( Riyal) (Latest announcement) 28.66
Adjusted P/E (Last12) 20.60
Price/Book 4.52
Dividend Yield (%) (Last Year) 0.77
Return on Average Assets (%) (TTM) 4.78
Return on Average Equity (%) (TTM) 24.04
Shares Outstanding (M) 150.00
Par Value ( Riyal) 10.00
Return on Market Cap (%) 4.26


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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