GIG Gulf Insurance Group Co. intrinsic value and dividend analysis using DCF, P/B, PEG and PSG models. Includes dividend yield, payout ratio, and dividend sustainability assessment. Sector: Insurance. Listed on Saudi Exchange Tadawul.
GIG Gulf Insurance Group Company (formerly AXA Cooperative Insurance) provides motor, property, health, and life insurance to individuals, SMEs, and corporate clients in Saudi Arabia. Business-line products include group healthcare, motor fleet, marine, and engineering coverage. Founded in 2008 and headquartered in Riyadh, the company is a subsidiary of Gulf Insurance Group (Gulf) B.S.C.
TASIV estimates this company's intrinsic value using a Price-to-Book (P/B) model. As of TASIV's most recent data refresh, the estimated intrinsic value is SAR 26.32 compared to a market price of SAR 32.56 (Trading above DCF model value). This is an analytical estimate, not investment advice.
Revenue and net income both dipped in the second year before partially recovering in the third, ending only slightly below their starting levels - about 4% lower for revenue and 2% lower for net income. Operating cash flow followed a distinctly different path, declining steadily across both years rather than recovering, ending about 64% below its starting level. Overall, the company's historical financial performance shows revenue and net income holding relatively close to their starting levels while operating cash flow declined substantially and did not recover.
Over the 4 years on record, dividend per share moved both up and down, from SAR 1 to a recent SAR 1.2, with a low of SAR 0.5 and a high of SAR 1.5 along the way. Payments have been made on an Annual basis throughout this period. The company's dividend history shows no consistent year-over-year direction. Current dividend yield is approximately 3.69%, with a payout ratio of approximately 49.93%.
TASIV's Competitive Advantage assessment for this company is High (70/100), based on profitability, predictability, financial strength, and growth resilience.
Based on TASIV's Price-to-Book (P/B) model, the estimated intrinsic value of GIG Gulf Insurance Group Co. is approximately SAR 26.32, compared to a current market price of SAR 32.56. This is an analytical estimate based on the company's financial data, not investment advice or a recommendation to buy or sell.
According to TASIV's model, GIG Gulf Insurance Group Co. is currently "Trading above DCF model value".
GIG Gulf Insurance Group Co.'s dividend yield is approximately 3.69%, with a payout ratio of approximately 49.93%, based on TASIV's most recent verified data.
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