1. Saudi Arabia Stocks

  2. •

    Finance

  3. •

    Multi-line insurance
Mediterranean & Gulf Cooperative Insurance & Reinsurance Co.

Mediterranean & Gulf Cooperative Insurance & Reinsurance Co.

TTADAWUL:8030
13.01
SAR
-0.43
(-3.20%)
0.80EPS
20.52P/E
2.25BMarket Cap
Nov 09Next Earn
Mediterranean & Gulf Cooperative Insurance & Reinsurance Co.
TADAWUL:8030
(Saudi Exchange)

Recent

price

13.01

P/E

ratio

20.52

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SAR
78.52
37.32
43.49
51.86
60.87
67.95
58.38
39.17
33.26
25.44
18.59
16.56
21.12
27.57
31.97
29.67
33.58
Revenue per Share
4.36
4.51
3.78
-3.61
3.63
-4.9
1.27
-6.21
-3.73
0.04
0.41
-1.34
-3.78
1.92
0.97
0.3
0.8
Basic EPS, GAAP
8.22
5.04
-0.1
8.51
-0.98
-4.42
-3.57
-1.88
-5.08
-2.36
-0.43
-1.73
1.57
0.51
-0.56
-0.2
0.39
Free Cash Flow per Basic Share
1.13
1.88
3
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
20.92
22.03
22.28
18.72
22.1
17.15
17.26
9.59
8.17
8.46
9.1
10.58
6.73
8.74
9.8
11.53
11.99
Book Value per Share
11.52
13.02
13.27
9.71
13.1
8.14
7.81
0.52
2.39
2.65
3.26
5.89
1.94
3.99
5.12
6.09
6.57
Tangible Book Value per Share
53
53
53
53
53
53
53
62
56
83
91
105
105
105
105
138
130
Basic Weighted Avg Shares
4,184
1,989
2,318
2,764
3,244
3,621
3,111
2,447
1,864
2,124
1,686
1,739
2,217
2,895
3,357
4,100
4,361
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
2.33
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
6
10
12
10
10
9
9
10
9
8
10
10
21
25
24
27
24
Depreciation Expense
232
240
201
-192
193
-261
68
-388
-209
3
37
-141
-397
201
102
41
103
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
83.71
32.77
- -
- -
- -
4.71
4.66
0.69
Effective Tax Rate (%)
5.55
12.08
8.69
-6.96
5.97
-7.22
2.17
-15.86
-11.22
0.15
2.19
-8.08
-17.9
6.96
3.04
1
2.37
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
269
- -
- -
- -
- -
- -
15
7
1
- -
1
1
18
17
LT Debt
1,068
1,174
1,187
998
1,178
914
920
511
682
706
760
1,111
707
917
1,029
1,593
1,656
Total Equity
- -
- -
- -
- -
- -
- -
7.92
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
21.42
17.05
- -
15.83
- -
7.37
- -
- -
0.44
4.89
- -
- -
- -
10.41
3.11
7.53
Return on Capital (%)
23.31
21.42
17.05
-17.62
17.79
-24.98
7.37
-54.25
-35.07
0.45
5.04
-15.03
-43.67
24.81
10.48
3.13
7.64
Return on Common Equity (%)

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2
2
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
18
13
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
138
138
138
Market Capitalization
1,598
1,915
2,255

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
644
607
867
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
2
2
- -
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.74%
21.32%
54.85%
Free Cash Flow
-17.78%
-30.37%
-53.17%
Net Income, GAAP
-42.43%
-111.69%
-59.74%
Sales/Revenue/Turnover
3.34%
19.86%
22.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
779
806
927
841
3,357
2025
955
965
984
1,196
4,100
2026
1,058
1,124
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.32
0.37
0.03
0.97
2025
0.19
-0.01
0.17
0.04
0.3
2026
0.26
0.32
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Aditya Birla Capital Ltd. (NSE:ABCAPITAL)
Lemonade, Inc. (NYSE:LMND)
Allianz SE (XETR:ALV)
Progressive Corporation (The) (NYSE:PGR)
Turkiye Sigorta A.S. (BIST:TURSG)
Allstate Corporation (The) (NYSE:ALL)
Business
The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MedGulf) provides medical, motor, and other general insurance products and reinsurance services in the Kingdom of Saudi Arabia. The company offers group and individual health insurance covering medical consultations, medications, laboratory tests, hospital admissions, and surgeries; motor insurance including third-party liability and comprehensive coverage for bodily injuries and financial compensation; property all risks insurance; personal accident insurance; travel insurance; aviation insurance; marine insurance for cargo and hulls; engineering and professional project insurance encompassing employer liability and professional liability; money insurance against theft and damage; fidelity guarantee policies; and specialized policies for banks and financial institutions. Founded in 1995 and headquartered in Riyadh, MedGulf operates primarily in Saudi Arabia with a focus on general insurance, health insurance, and protection and savings segments for individuals, small and medium enterprises, and corporate clients. In July 2025, MedGulf signed a binding merger agreement with Buruj Cooperative Insurance Company, under which Buruj will be fully absorbed into MedGulf with the issuance of 33.2 million new shares, increasing MedGulf's capital by 31.58% to SAR 1.381 billion; the transaction received regulatory approval from the General Authority for Competition in January 2025 and awaits shareholder approval. This merger enhances MedGulf's underwriting capacity, operational synergies, and market reach in key sectors including healthcare, transport, real estate, and SMEs, aligning with Saudi Vision 2030 goals for insurance sector consolidation. MedGulf listed on the Saudi Exchange in 2007 and continues to expand its product offerings amid ongoing industry reforms.