Walaa board recommends capital increase with target of $206.67mln
The increase is to support growth and maintain the solvency margin of the Saudi insurance company
ZAWYA - 12 Jan 2021
Walaa Cooperative Insurance Company (8060.SE)
Also known as: WALA'A, WALAA
22.90 SAR 0.200.88%
WALAA Stock Price & Performance
Recommendation
-
Div Yield
-
P/E (Last 12 Month)
40.52
Upside
-
Target Price (Mean)
-
Open
22.62 SAR
Previous Close
22.90 SAR
Turnover
19.46M SAR
EPS
0.785 SAR
Volume
857,984
Transactions
752
Market Cap
1.48B SAR
IPO Date
17-Jul-2007
Analyst Estimates
| EPS | Revenue | |
|---|---|---|
| Mean Estimate |  | |
| Smart Estimate | | |
| Predicted Surprise | | |
| Mean Chg % | | |
Starmine Models
StarMine provides a suite of proprietary alpha-generating analytics and models spanning sectors, regions, and markets.
| Bullish | |
|---|---|
| Value Momentum | |
| Intrinsic Valuation | |
| Relative Valuation | |
| Credit Risk - Smart Ratios | |
| Credit Risk- Text Mining | |
| Bearish | |
|---|---|
| Price Momentum | |
About Walaa Cooperative Insurance Company
Business Summary
Provides non-life insurance services and reinsurance services, all according to Islamic principles.
Country of Incorporation
Ownership Type
Established In
2007
Primary Sector
Stock Listing
| ID | Stock Type | Currency | Exchange | Symbol |
|---|---|---|---|---|
| 8060.SSE | Ordinary | SAR | Saudi SE | 8060 |
Contact details
Primary address
Building: Adel Khashoggi BuildingStreet: Custodian of the Two Holy Mosques Road
P.O. Box: 31616
Country: Saudi Arabia
City: Al Khobar
City Suffix: 31952
CONTACT
- Tel: +966 13-865-2405
- Fax: +966 13-865-2255
- Email: walaa@walaa.com
- https://www.walaa.com
Region
Eastern ProvinceOwnership
Ownership
| Investor | Holding | No. of Shares | Last Update |
|---|---|---|---|
| | | |
| | | |
Holding Concentrations
| Investor | Holding | No. of Shares | Last Update |
|---|---|---|---|
| | | |
| | | |
Financials
Revenue
Net Income
Profit Margin
Total Assets
Total Liabilities
Debt to Assets
Operating
Investing
Financing
Executives
Mr Johnson Varughese
Chief Executive Officer
Mr Mohannad Mahmoud Al Desouki
Chief Financial Officer
Mr Salah Mohammed Al Jaber
Chief Operating Officer
Board Members
Mr Suleiman Abdullah Hamad Al Kadi
Chairman
Mr Khalifa Abdullatif Almulhem
Vice Chairman
Mr Khalid Bin Abdulrahman Bin Mohammed Al Omran
Director
Company information provided by Refinitiv
Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).
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