Why is Middle East Insurance Co. ?
1
- 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
2
With ROE of 5.72%, it has a expensive valuation with a 0.62 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 36.44%, its profits have risen by 142%
- At the current price, the company has a high dividend yield of 0.6
How much should you buy?
- Overall Portfolio exposure to Middle East Insurance Co. should be less than 10%
- Overall Portfolio exposure to Multi-Line Insurance should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Multi-Line Insurance)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Middle East Insurance Co. for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Middle East Insurance Co.
-100.0%
1.23
31.42%
Jordan General Index
38.69%
4.01
9.66%
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)
0
Sales to Capital Employed (avg)
0
Tax Ratio
15.83%
Dividend Payout Ratio
296.61%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0.40%
ROE (avg)
3.73%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
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
NA
Dividend Yield
0.61%
ROCE (Latest)
ROE (Latest)
5.72%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bullish
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
No Trend
Technical Movement
6What is working for the Company
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
PRE-TAX PROFIT(Q)
Highest at JOD 1.27 MM
NET PROFIT(Q)
Highest at JOD 1.09 MM
EPS(Q)
Highest at JOD 0.05
-6What is not working for the Company
NET PROFIT(HY)
At JOD 0.07 MM has Grown at -81.17%
Here's what is working for Middle East Insurance Co.
Net Sales
Highest at JOD 16.93 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JOD MM)
Operating Profit
Highest at JOD 1.27 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (JOD MM)
Pre-Tax Profit
Highest at JOD 1.27 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JOD MM)
Net Profit
Highest at JOD 1.09 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (JOD MM)
EPS
Highest at JOD 0.05
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (JOD)
Raw Material Cost
Fallen by 0% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales






