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    Hospital/Nursing management
Al-Maidan Clinic for Oral Health Services Co. (K.S.C.C)

Al-Maidan Clinic for Oral Health Services Co. (K.S.C.C)

KKSE:MIDAN
825.00
KWF
-35.00
(-4.07%)
52.79EPS
17.80P/E
189.54BMarket Cap
Al-Maidan Clinic for Oral Health Services Co. (K.S.C.C)
KSE:MIDAN
(Kuwait Stock Exchange)

Recent

price

825.00

P/E

ratio

17.80

div

yld

1.81%

ROIC.AI

2007
2008
2009
2010
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
KWD
0.17
0.14
0.14
0.09
0.14
0.15
0.17
0.2
0.22
0.25
0.27
0.31
0.32
0.37
0.36
0.31
0.31
Revenue per Share
0.02
0.01
0.01
-0.05
0.01
0.02
0.02
0.02
0.03
0.03
0.03
0.05
0.05
0.06
0.05
0.05
0.05
Basic EPS, GAAP
-0.21
-0.19
-0.02
0.02
- -
- -
- -
0.02
0.04
0.04
0.03
0.09
0.06
0.06
0.03
0.03
0.03
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.01
0.01
0.01
- -
0.01
0.01
0.01
0.01
Dividend per Share
0.13
0.13
0.13
0.21
0.08
0.09
0.11
0.14
0.15
0.17
0.2
0.24
0.31
0.35
0.44
0.44
0.48
Book Value per Share
0.13
0.13
0.13
0.21
0.08
0.09
0.11
0.14
0.15
0.17
0.2
0.24
0.31
0.35
0.44
0.44
0.48
Tangible Book Value per Share
30
41
45
135
225
225
225
225
225
225
225
225
225
206
203
203
203
Basic Weighted Avg Shares
5
6
6
12
31
34
39
44
49
55
61
71
73
76
72
63
63
Sales/Revenue/Turnover
14.21
-41.16
22.45
-4.65
10.06
10.39
11.62
11.57
11.47
10.79
11.8
19.19
18.11
13.17
7.09
10.89
12.52
Operating Margin (%)
- -
- -
- -
3
3
3
3
3
3
4
4
2
2
3
3
3
3
Depreciation Expense
1
1
- -
-6
3
3
5
6
6
6
8
10
12
12
9
10
11
Net Income, GAAP
0.87
2.09
4.73
- -
3.11
3.78
4.06
4.17
5.89
6.67
6.66
6.08
5.68
5.29
5.97
4.76
4.9
Effective Tax Rate (%)
13.06
9.64
6.37
-52.43
9.77
10.08
11.76
12.57
12.41
11.62
12.81
14.52
16.78
15.6
12.87
15.07
16.8
Profit Margin (%)
-4
-14
-23
-21
-8
-2
4
12
18
24
31
37
45
53
60
52
56
Working Capital
5
7
7
4
- -
- -
- -
- -
- -
2
1
1
1
1
1
1
1
LT Debt
6
6
7
10
18
21
26
31
35
39
46
54
63
72
88
90
96
Total Equity
-32.82
-10.26
5.61
- -
17.24
17.6
16.76
17.53
17.45
16.9
18.09
19.9
25.33
16.94
9.15
8.35
8.02
Return on Invested Capital (%)
5.13
2.63
1.58
- -
19.75
18.26
18.78
18.89
18.04
17.01
17.6
20.03
20.22
17.14
11.41
10.74
11.17
Return on Capital (%)
11.87
8.87
6.08
-75.1
21.98
17.8
19.53
19.66
18.39
17.35
18.38
20.57
20.82
17.58
11.59
10.71
11.44
Return on Common Equity (%)

Capital Structure

KWD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
203
203
203
Market Capitalization
166
168
190

Working Capital

KWD

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
86
84
89
Cash, Cash Equivalents & STI
50
47
51
Accounts Receivable, Net
15
15
16
Inventories
3
4
3
Total Current Liabilities
35
32
33
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

KWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.74%
14.62%
1.39%
Free Cash Flow
189.05%
17.36%
-18.66%
Net Income, GAAP
11.92%
5.66%
2.7%
Sales/Revenue/Turnover
6.73%
1.17%
-12.26%
Total Cash Common Dividend
- -
5,169.61%
50.22%

Quarterly Revenue

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
20
21
16
15
72
2026
16
16
16
15
63
2027
17
- -
- -
- -
- -

Quarterly Earnings Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.02
0.02
0.01
-0.01
0.05
2026
0.02
0.02
0.01
0.01
0.05
2027
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.01
2026
- -
0.01
- -
- -
0.01
2027
- -
- -
- -
- -
- -
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Business
Al-Maidan Clinic for Oral Health Services Co. (K.S.C.P.) is a Kuwait-based healthcare provider primarily engaged in the establishment, operation, and management of specialized dental clinics, oral healthcare centers, and medical laboratories across the State of Kuwait. Founded in 1987 as the first private dental practice in Kuwait and headquartered in Kuwait City, the company operates as a key healthcare subsidiary of United Medical Services Company K.S.C. (Closed), under Al Tafawoq United Holding Company K.S.C. (Closed), and trades publicly on Boursa Kuwait under the ticker MIDAN. The company provides a comprehensive range of oral and dental care services structured across specialized clinical departments, which include general and restorative dentistry; cosmetic dentistry, smile design, veneers, and teeth whitening; dental implantology and bone grafting; orthodontics and dentofacial orthopedics; pedodontics and pediatric dental care; periodontics and advanced gum disease treatments; endodontics and microscopic root canal therapies; and oral and maxillofacial surgery. In addition to outpatient clinical treatments, the company offers dedicated medical support services comprising in-house central dental laboratory operations equipped with computer-aided design and computer-aided manufacturing (CAD/CAM) systems for the fabrication of crowns, bridges, prosthetics, and clear aligners; advanced diagnostic radiology and 3D cone-beam computed tomography (CBCT) imaging; fully equipped mobile dental clinic units delivering on-site corporate care, school visits, and specialized services for elderly and special-needs patients; home dental healthcare visits; and medical center management, staffing, and clinical equipment maintenance. The company delivers its services through a multi-branch network strategically positioned across Kuwait's governorates, including locations in Sharq, Hawalli, Salmiya, Farwaniya, Fahaheel, Jahra, and Sabah Al-Salem. In recent operational developments, Al-Maidan Clinic has accelerated its digital dentistry transformation by integrating high-precision intraoral digital scanners, AI-assisted diagnostics, and 3D printing technologies across its clinical and laboratory workflows. The company has also reinforced strategic cross-referral synergies within the United Medical Services network, collaborating closely with affiliated medical institutions such as Al Seef Hospital and United Laboratories Company (ULC) to deliver multidisciplinary healthcare solutions. Furthermore, Al-Maidan Clinic has broadened its institutional partnerships and corporate health maintenance programs, enhanced specialized insurance coverage affiliations, and optimized its property and asset management operations through subsidiary entities, including Maidan Capital for Sale and Purchase of Shares and Real Estate W.L.L.