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The Mediterranean&Gulf Insurance Co (8030) fair value: what the stock is really worth

As of Sep 30, 2026: fair value of The Mediterranean&Gulf Insurance Co SAR 3.47, price SAR 15.47, upside -77.6%, quality 40 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? No
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Financial Services · SA · ISIN SA000A0MJ2H8

TM Some data Sep 27, 2026

The Mediterranean&Gulf Insurance Co

8030 · SR

Weakest SetupStrongly overvalued and low quality.

!Fair value 3.47 SAR · Strongly overvalued (−77.6%)
!Quality 40/100
!Expensive Growth (revenue 5y +20.9 %/yr)
!Thin margins · 1.3% net margin (TTM)
!negative free cash flow
!Trails peers (3/11)
!Narrow moat 29/100
!Evidence only medium, so the estimate is less certain
!Weak on past: 17 out of 100
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

34.75 SAR 7.63 SAR Fair Value 3.47 SAR Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.

How to read this chart

60‑month range 7.63 SAR – 34.75 SAR · fair‑value band 2.59 SAR – 5.18 SAR · the 15.47 SAR price screens above the 3.47 SAR fair value. Dashed = 300-day average. As of Sep 27, 2026.

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Company profile

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company provides medical, motor, and other general insurance in the Kingdom of Saudi Arabia. The company offers third party and comprehensive motor, medical malpractice, and domestic worker contract insurance; roadside assistance; and visit visa extension services.

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The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company provides medical, motor, and other general insurance in the Kingdom of Saudi Arabia. The company offers third party and comprehensive motor, medical malpractice, and domestic worker contract insurance; roadside assistance; and visit visa extension services. It also provides health insurance; property all risks, sabotage and terrorism, fire and allied perils, and political violence insurance; aviation hull and liability, unmanaged aerial systems, airport operations/contractors liability insurance; and marine cargo insurance one single shipment, marine cargo open cover, marine hull, land transit insurance one shipment, and land transit open cover. In addition, the company offers insurance for boiler and pressure; erection all risk insurance; plant and equipment insurance; contractors all risk insurance; electronic equipment insurance; inherent structural defects insurance; deterioration of stock following machinery breakdown insurance; and machinery breakdown insurance products. The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company was founded in 2006 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Stock analysis

The Mediterranean&Gulf Insurance Co (8030) currently trades at 15.47 SAR, while our model-based Fair Value estimate is 3.47 SAR, 77.6% below the price, so the stock looks overvalued today.

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Valuation

Bull case: the Asset-Based group reads highest at a median of 7.72 SAR per share, and 0 of the 4 models we run sit above the 15.47 SAR price.

Bear case: the Multiples group reads lowest at 3.86 SAR, and 4 of the 4 models stay below the price. Evidence for this calculation is medium.

Scenario range: 2.59 SAR (bear) to 5.18 SAR (bull), the price of 15.47 SAR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 40/100 (below-average quality), in the Financial Services sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

The Mediterranean&Gulf Insurance Co reported revenue of 4.4B SAR in FY2025 versus 1.7B SAR in FY2021, a compound +25.8%/yr. Reported net income was 41.1M SAR in FY2025.

Key figures

Market cap 2.1B SAR (≈ $564M) · P/E ratio 41.8 · P/S ratio 0.39 · EPS (TTM) 0.3700 SAR · Net margin 0.9% · Return on equity 4.3% · Return on assets (EBIT) −0.4% · Operating margin 3.0%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (medium confidence).

What moves the price

The share trades about 12% below its 52-week high and 40% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −35% fair-value upside, at −78%, 8030 screens richer than that median.

Fair Value models

Bear 2.59 SAR Fair Value 3.47 SAR Bull 5.18 SAR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.2778 SAR per share) are deliberately not added. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
Residual Income 7.75 SAR 7.26 SAR 7.15 SAR 71
P/E Multiple 2.90 SAR 3.86 SAR 4.83 SAR 63
P/B Multiple 3.79 SAR 5.05 SAR 6.32 SAR 55
All 4 models by family
Multiples
P/E Multiple 2.90 SAR 3.86 SAR 4.83 SAR 63
P/B Multiple 3.79 SAR 5.05 SAR 6.32 SAR 55
Asset-Based
NCAV (Graham) 5.76 SAR 7.72 SAR 11.53 SAR 51
Economic Profit
Residual Income 7.75 SAR 7.26 SAR 7.15 SAR 71

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Quality Score breakdown

Overall quality 40/100

Of which business quality 44 · Market factors (momentum, volatility) 52

Profitability 50
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 7
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 47
Distance to the 52-week high (market factor)
Net Issuance 0
Share count: buybacks or dilution?

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Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+30.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+25.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.9%
Start year 2020 (pandemic). Over 10 years: +1.9% a year
Revenue growth 18 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+33.5%
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+4.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+4.6%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.4.6% vs −18.9%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.3% → 1%
Start year 2020 (pandemic)
⚠ Revenue per share shrinking 6.3%/yr over ~10Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.

8030 screens overvalued: fair value 78% below the price. Compare with China Life Insurance Company →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Insurance - Life · 89 stocks

Beats the industry median on 3/11 measures
Overall it trails its industry peers.
Valuation
Quality Score 41 · Bottom 25%
Fair Value upside −77.6% · Bottom 25%
Profitability
Return on equity (TTM) 4.3% · Bottom 25%
Return on assets 1.1% · Below median
Net margin (TTM) 1.3% · Bottom 25%
Operating margin (TTM) 3.0% · Bottom 25%
Growth and dividend
Revenue growth 24.8% · Top 25%

Valuation Multiplesvs Insurance - Life median · lower = cheaper

P/E (TTM) 41.8× · Priciest 25%
P/B 1.33× · Cheaper than median
P/S (TTM) 0.46× · Cheapest 25%
EV/EBITDA 20.9× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 1
FUTURE (revenue growth)100 · sector 40
PAST (return on equity)17 · sector 46
HEALTH (low debt)0 · sector 87
DIVIDEND (yield)0 · sector 56

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Insurance - Life stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
China Life Insurance Company 601628 ¥37.43 ¥49.98 +34%
Ping An Insurance (Group) Company 601318 ¥53.25 ¥67.19 +26%
AIA Group 1299 HK$73.75 HK$41.69 −43%
Manulife Financial Corporation MFC $43.86 $27.55 −37%
MetLife, Inc MET $97.70 $54.39 −44%
Great-West Lifeco Inc GWO C$93.34 C$42.07 −55%
Aflac Incorporated AFL $113.72 $67.02 −41%
Life Insurance Corporation LICI ₹409.05 ₹299.19 −27%
Cathay Financial Holding 2882 110.50 TWD 71.47 TWD −35%
China Pacific Insurance (Group) Co 601601 ¥30.88 ¥48.28 +56%

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Cite: Fair Value Calculator (2026). "The Mediterranean&Gulf Insurance Co Fair Value". https://www.fairvalue-calculator.com/stock/8030

Frequently asked questions

Is The Mediterranean&Gulf Insurance Co (8030) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of 3.47 SAR versus a price of 15.47 SAR, about −78% upside (overvalued).
What is the fair value of 8030?
Our model-based fair value for The Mediterranean&Gulf Insurance Co is 3.47 SAR (as of Sep 27, 2026), built from audited fundamentals. The current price: 15.47 SAR.
What is the quality score of 8030?
The Mediterranean&Gulf Insurance Co has a Quality Score of 40/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for The Mediterranean&Gulf Insurance Co (8030)?
Our model-based price target is the fair value of 3.47 SAR (as of Sep 27, 2026) from 4 valuation models. Cautious scenario 2.59 SAR, optimistic scenario 5.18 SAR. It is a calculation from audited fundamentals, not an analyst target.
What is the The Mediterranean&Gulf Insurance Co stock forecast for 2026?
Our models put fair value at 3.47 SAR, about −78% upside versus a price of 15.47 SAR (overvalued). Cautious scenario 2.59 SAR, optimistic scenario 5.18 SAR. The calculation is refreshed regularly with new filings.
What is the revenue of The Mediterranean&Gulf Insurance Co (8030)?
The Mediterranean&Gulf Insurance Co reported trailing-twelve-month revenue of about 4.6B SAR (latest available figure, as of Sep 27, 2026).
What is the intrinsic value of The Mediterranean&Gulf Insurance Co (8030)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For The Mediterranean&Gulf Insurance Co it is 3.47 SAR per share (as of Sep 27, 2026), against a price of 15.47 SAR. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is The Mediterranean&Gulf Insurance Co stock overvalued or undervalued in 2026?
As of Sep 27, 2026, 8030 trades above its calculated fair value: price 15.47 SAR, fair value 3.47 SAR, a gap of about −78% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 8030?
No. The price is what the market pays today (15.47 SAR); the fair value is what the company's own numbers justify (3.47 SAR). For The Mediterranean&Gulf Insurance Co the two are 12.00 SAR per share apart. That gap is exactly why we show both numbers side by side.
How much is The Mediterranean&Gulf Insurance Co worth?
The market values The Mediterranean&Gulf Insurance Co at about 2.1B SAR (market capitalisation, as of Sep 27, 2026). Per share that is 15.47 SAR; our models calculate a fair value of 3.47 SAR per share.
What do the bullish and bearish scenarios say about 8030?
Our models span a range for The Mediterranean&Gulf Insurance Co: cautious scenario 2.59 SAR, base 3.47 SAR, optimistic 5.18 SAR per share (as of Sep 27, 2026, price 15.47 SAR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8030?
The Mediterranean&Gulf Insurance Co trades at a price-to-earnings ratio of 41.8 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 3.47 SAR is built from several models across several years. Other multiples: P/B 1.3, P/S 0.5, EV/EBITDA 20.9.
How solid is the balance sheet of The Mediterranean&Gulf Insurance Co (8030)?
Balance-sheet figures for The Mediterranean&Gulf Insurance Co (as of Sep 27, 2026): return on equity 4.3%. They feed the Quality Score of 40/100, which measures business quality independently of the share price.
How far is 8030 from its 52-week high?
The Mediterranean&Gulf Insurance Co trades at 15.47 SAR, about 12% below its 52-week high of 17.50 SAR and 40% above the low of 11.07 SAR (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of 3.47 SAR is for.
Which stocks are comparable to The Mediterranean&Gulf Insurance Co?
From the same area (Financial Services) we also value China Life Insurance Company, Ping An Insurance (Group) Company, AIA Group, Manulife Financial Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is The Mediterranean&Gulf Insurance Co stock attractive at the current price?
The data as of Sep 27, 2026: price 15.47 SAR, calculated fair value 3.47 SAR (−78%), Quality Score 40/100, from 4 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 8030 calculated?
We run The Mediterranean&Gulf Insurance Co through 4 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 3.47 SAR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.7 % above its aggregate fair value. The Mediterranean&Gulf Insurance Co itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of The Mediterranean&Gulf Insurance Co (8030)?
The closing price on Sep 30, 2026 was 15.47 SAR. Our model-based fair value is 3.47 SAR, about −78% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with The Mediterranean&Gulf Insurance Co right now?
The price sits above even our optimistic bull case (5.18 SAR). The favourable scenario is already priced in. Weak quality (40/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (2.59 SAR to 5.18 SAR) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of The Mediterranean&Gulf Insurance Co (8030) come from?
Earnings per share at The Mediterranean&Gulf Insurance Co grew −9.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share −7.2 %, EBIT margin −2.5 %, tax rate +0.0 %, residual (interest, one-offs) +0.0 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of The Mediterranean&Gulf Insurance Co

How large is the market capitalisation of The Mediterranean&Gulf Insurance Co (8030)?
The market capitalisation of The Mediterranean&Gulf Insurance Co is 2.1B SAR (≈ $564M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of The Mediterranean&Gulf Insurance Co (8030)?
The price-to-sales ratio of The Mediterranean&Gulf Insurance Co is 0.39 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of The Mediterranean&Gulf Insurance Co (8030)?
Earnings per share at The Mediterranean&Gulf Insurance Co are 0.3700 SAR (price ÷ EPS = P/E 41.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of The Mediterranean&Gulf Insurance Co (8030)?
The net margin of The Mediterranean&Gulf Insurance Co is 0.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of The Mediterranean&Gulf Insurance Co (8030)?
The return on equity (ROE) of The Mediterranean&Gulf Insurance Co is 4.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of The Mediterranean&Gulf Insurance Co (8030)?
On an EBIT basis the return on assets of The Mediterranean&Gulf Insurance Co is −0.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of The Mediterranean&Gulf Insurance Co (8030)?
The operating margin of The Mediterranean&Gulf Insurance Co is 3.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at The Mediterranean&Gulf Insurance Co (8030)?
Revenue at The Mediterranean&Gulf Insurance Co is growing +24.8% versus a year earlier (3y avg +25.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at The Mediterranean&Gulf Insurance Co (8030)?
Earnings per share at The Mediterranean&Gulf Insurance Co are growing +40.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does The Mediterranean&Gulf Insurance Co (8030) generate?
The free cash flow of The Mediterranean&Gulf Insurance Co is −26.0M SAR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does The Mediterranean&Gulf Insurance Co (8030) hold?
The Mediterranean&Gulf Insurance Co holds more cash than debt, 648M SAR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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