down arrow

Middle East Insurance Co.

  • Market Cap: Small Cap
  • Industry: Insurance
  • ISIN: JO2100211017
  • AMM: MEIN
JOD
2.40
0.00 (0.00%)

Sep 21

AMM

 View all stocks in this country
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Jordan International Insurance Co.
Middle East Insurance Co.
Jordan Insurance Co. Ltd.
Gulf Insurance Group Jordan
Arabia Insurance Co.- Jordan Ltd.
The Arab Assurers Insurance Co.

Why is Middle East Insurance Co. ?

1
With a growth in Net Profit of 126.3%, the company declared Very Positive results in Jun 26
  • The company has declared positive results for the last 5 consecutive quarters
  • OPERATING CASH FLOW(Y) Highest at JOD 1.86 MM
  • ROCE(HY) Highest at 14.02%
  • RAW MATERIAL COST(Y) Fallen by 0% (YoY)
2
With ROE of 8.73%, it has a fair valuation with a 0.89 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 108.70%, its profits have risen by 311% ; the PEG ratio of the company is 0
  • At the current price, the company has a high dividend yield of 0.4
3
Market Beating performance in long term as well as near term
  • Along with generating 108.70% returns in the last 1 year, the stock has outperformed Jordan General Index in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you buy?

  1. Overall Portfolio exposure to Middle East Insurance Co. should be less than 10%
  2. Overall Portfolio exposure to Insurance should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in 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, High Return

Absolute
Risk Adjusted
Volatility
Middle East Insurance Co.
108.7%
3.53
30.30%
Jordan General Index
35.02%
3.39
9.72%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
24.78%
EBIT Growth (5y)
0.98%
EBIT to Interest (avg)
-0.05
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
13.49%
Dividend Payout Ratio
67.99%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0.33%
ROE (avg)
3.73%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
0.89
EV to EBIT
19.30
EV to EBITDA
19.30
EV to Capital Employed
0.80
EV to Sales
0.28
PEG Ratio
0.02
Dividend Yield
0.41%
ROCE (Latest)
ROE (Latest)
8.73%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bearish
No Trend
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

20What is working for the Company
OPERATING CASH FLOW(Y)

Highest at JOD 1.86 MM

ROCE(HY)

Highest at 14.02%

RAW MATERIAL COST(Y)

Fallen by 0% (YoY

OPERATING PROFIT(Q)

Highest at JOD 4.53 MM

OPERATING PROFIT MARGIN(Q)

Highest at 25.52 %

PRE-TAX PROFIT(Q)

Highest at JOD 4.47 MM

NET PROFIT(Q)

Highest at JOD 4.48 MM

EPS(Q)

Highest at JOD 0.2

0What is not working for the Company
NO KEY NEGATIVE TRIGGERS

Here's what is working for Middle East Insurance Co.

Operating Cash Flow
Highest at JOD 1.86 MM
in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (JOD MM)

Operating Profit
Highest at JOD 4.53 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (JOD MM)

Operating Profit Margin
Highest at 25.52 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit
Highest at JOD 4.47 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (JOD MM)

Pre-Tax Profit
At JOD 4.47 MM has Grown at 76.41%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (JOD MM)

Net Profit
Highest at JOD 4.48 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (JOD MM)

Net Profit
At JOD 4.48 MM has Grown at 126.3%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is positive

Net Profit (JOD MM)

EPS
Highest at JOD 0.2
in the last five periods
MOJO 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

Footer loading