Register | Forgot password?
Switch to Arabic
Tuesday, November 10 - 2009

Al-Wathba Insurance

Name Al-Wathba Insurance
Sector Finance & Insurance - Insurance and reinsurance companies
Trading ADX
RIC Code AWNI.AD
Location UAE

Profile and Background

Al Wathba National Insurance Company (PSC), (formerly Gulf International Insurance Co PSC), was established by an Amiri Decree issued by His Highness The Ruler of Ajman, is a public shareholding company and is registered under the Federal Law No.

8 of 1984 relating to commercial companies in the UAE. The company is engaged in general insurance business in the United Arab Emirates.

Shareholding Groups

Individuals N/A
Institutions N/A
Floating N/A
Government N/A

Board Members (Listed in alphabetical order)

Stock Performance

Al-Wathba Insurance Stock Performance

Market Information

Stock UAE Index
Last Closing AED 9.5 5339.64
YTD % 50.08% 81.7%
Weekly % -4.04% -0.08%
Year High AED 9.9 5771.11
Year Low AED 6 2938.78
52 Week High AED 9.9 5771.11
52 Week Low AED 5 1639.31
BETA 0.7757
Outstanding Shares 60,000,000
Market Cap AED 570,000,000
Market Cap in $ USD $155,190,721
% of UAE Market 0.10%
% of Sector 0.18%
Rank by Cap 54

Key Figures in '000 AED

2003 2002 2001
Total Assets 211,215 125,320 109,380
Shareholder's Equity 125,212 93,359 89,338
NIAT 10,813 6,025 526
Dividends 4,500 3,000 N/A

Financial Ratios

2003 2002 2001
Assets Growth 68.54% 14.57% 1.33%
Earning Growth 79.47% 1,045.44% 0.00%
ROaA 6.43% 5.13% 0.48%
ROaE 9.89% 6.60% 0.60%
No. Of Shares 60,000,000 60,000,000 60,000,000
EPS 0.18 0.10 0.01
EPS Growth 79.47% 1,045.44% 0.00%
Payout Ratio 41.617 49.793 N/A

Valuation Ratios

Trailing
PE 52.71
PB 4.55
DVPS 0.08
Div Yield 0.79%
EV 275,400.00
EV/Equity 2.20
Powered by SHUAA Capital

The information is this section is provided by SHUAA Capital PSC. The information contained in this section is not intended to be an offer, a recommendation, or a solicitation to buy or sell securities or investment products.

The information and opinions contained in this section have been compiled from, or arrived at in good faith, from sources believed to be reliable but no guarantee or warranty is made by SHUAA Capital or AMEinfo.com as to the accuracy or completeness of the information contained herein.

All opinions expressed herein are subject to change without notice.

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC.

© SHUAA Capital PSC. All rights reserved.