MEIN Share Price | Middle East Insurance Co. Stock Analysis & Recommendation

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

N/A

Shareholding

FII

N/A

DII

N/A

Promoter

N/A

Compare Middle East Insurance Co. with Similar Stocks

Jordan Insurance Co. Ltd.Gulf Insurance Group Jordan Jordan International Insurance Co.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

RAW MATERIAL COST(Y) Fallen by 0% (YoY)
NET SALES(Q) Highest at JOD 16.93 MM
OPERATING PROFIT(Q) Highest at JOD 1.27 MM

With ROE of 5.72%, it has a expensive valuation with a 0.62 Price to Book Value

Mojo Parameters

Stock DNA

Industry

Multi-Line Insurance

Market cap

JOD 36 Million ()

P/E

11.00

Industry P/E

Dividend Yield

0.43%

Debt Equity

-999,999.00

Return on Equity

6.90%

Price to Book

0.88

Revenue and Profits:

Net Sales:

(Quarterly Results - Mar 2025)

Net Profit:

1 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

40.0%

6 Months

41.23%

1 Year

36.44%

2 Years

40.0%

3 Years

67.71%

4 Years

21.05%

5 Years

26.77%

Middle East Insurance Co. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

22.12%

EBIT Growth (5y)

-3.66%

EBIT to Interest (avg)

-0.06

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

15.83%

Dividend Payout Ratio

296.61%

Pledged Shares

Institutional Holding

ROCE (avg)

0.40%

ROE (avg)

3.73%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.62

EV to EBIT

-3.08

EV to EBITDA

3.08

EV to Capital Employed

0.17

EV to Sales

0.05

PEG Ratio

Dividend Yield

0.61%

ROCE (Latest)

ROE (Latest)

5.72%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

Bullish

Bearish

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bullish

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot

No data for shareholding present.

Shareholding Compare (%holding)

No data for shareholding present.

Financial

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    "link": "quarterly",
    "btn_text": "All Quarterly Results",
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        "suffix": "YoY Growth in quarter ended Mar 2025 is 0.00% vs 0.00% in Mar 2024",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Mar 2025 is 10.00% vs -16.67% in Mar 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.00",
          "val2": "0.10",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1.10",
          "val2": "1.00",
          "chgp": "10.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "75.10%",
          "val2": "81.80%",
          "chgp": "-0.67%",
          "chgp_class": "negative"
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      ]
    }
  },
  {
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        "suffix": "YoY Growth in year ended Dec 2024 is 0.00% vs 0.00% in Dec 2023",
        "dir": 0
      },
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -44.44% vs -60.87% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
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      "body": [
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          "val1": "0.20",
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          "field": "Interest",
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          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.60%",
          "val2": "33.80%",
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]

Quarterly Results Snapshot (Consolidated) - Mar'25 - YoY

Mar'25

Mar'24

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

0.00

0.10

-100.00%

Interest

0.00

Exceptional Items

0.00

Consolidate Net Profit

1.10

1.00

10.00%

Operating Profit Margin (Excl OI)

75.10%

81.80%

-0.67%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Mar 2025 is 0.00% vs 0.00% in Mar 2024

Consolidated Net Profit

YoY Growth in quarter ended Mar 2025 is 10.00% vs -16.67% in Mar 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

0.20

Interest

0.00

Exceptional Items

0.00

Consolidate Net Profit

0.50

0.90

-44.44%

Operating Profit Margin (Excl OI)

17.60%

33.80%

-1.62%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 0.00% vs 0.00% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -44.44% vs -60.87% in Dec 2023

All Annual Results

Company CV

About Middle East Insurance Co.

Middle East Insurance Co.

Multi-Line Insurance

Middle East Insurance Company PSC (MEICO) is a Jordan-based public shareholding company that provides life and non-life insurance products and services. The Company's insurance products are structured into the following divisions: Life and Health, Motor, Property, General Accident, Engineering, Marine, and Aviation. The Life and Health division covers medical and personal insurance for individuals and groups; Motor insurance includes third party liability, own damage and owner and driver personal accident; Property insurance covers buildings, contents, household and industry; General Accident insurance covers public and product liability, professional indemnity and workmen’s compensation, among others; Engineering covers the risks that arise from contracting and engineering business; Marine insurance covers cargo, hull and machinery, and Aviation covers a range of aviation risk insurance. The Company operates through a network of branches located in Jordan.

Company Coordinates

Company Details

Kindi Street, Um Uthanina Area,, P.O.Box 1802 AMMAN None : 11118

Tel: 962 6 5527100

http://www.meico.com.jo

Registrar Details