EN DE

The Mediterranean&Gulf Insurance Co (8030) Fair Value & Analysis

Financial Services · SA · Market cap 2.0B SAR

TM The Mediterranean&Gulf Insurance Co 8030 · SR
Price17.47 SAR
Fair Value2.78 SAR
Upside-84.1%
Quality40/100
Watch The Mediterranean&Gulf Insurance Co for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 1.3% net margin
negative free cash flow
Trails peers (4/11)
Narrow moat 29/100
Evidence: High Range 2.08 SAR – 3.48 SAR Share as image

Fair value as of: Aug 13, 2026

From 6 valuation models · updated 3 days ago

Share price +13.8% over the past month.

Below-average quality, and screening another 84% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (3.48 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.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

34.75 SAR 7.63 SAR Fair Value 2.78 SAR Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 7.63 SAR – 34.75 SAR · fair‑value band 2.08 SAR – 3.48 SAR · the 17.47 SAR price screens above the 2.78 SAR fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

The Mediterranean&Gulf Insurance Co (8030) currently trades at 17.47 SAR, while our model-based Fair Value estimate is 2.78 SAR, implying the stock looks roughly 84.1% overvalued today. The Quality Score stands at 40/100 (below-average quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, The Mediterranean&Gulf Insurance Co generated revenue of 4.6B SAR at a net margin of 1.3%. Revenue grew 24.8% year over year. It earns a return on equity of 4.3%. The balance sheet holds a net cash position of 648M SAR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 2.08 SAR (bear case) to 3.48 SAR (bull case); at 17.47 SAR, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 1% below its 52-week high and 58% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 34% fair-value upside, at -84%, 8030 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Residual Income 7.84 SAR 7.53 SAR 5.81 SAR 76
Gordon GGM 9.00 SAR 16.21 SAR 22.32 SAR 70
P/E Multiple 2.90 SAR 3.86 SAR 4.83 SAR 63
All 6 models by family
Dividend Discount
Gordon GGM 9.00 SAR 16.21 SAR 22.32 SAR 70
DDM Multi-Stage 9.00 SAR 14.81 SAR 17.32 SAR 61
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 50
Economic Profit
Residual Income 7.84 SAR 7.53 SAR 5.81 SAR 76

Widest divergence: Dividend Discount (14.81 SAR) versus Multiples (3.86 SAR). Highest evidence: Residual Income (76).

Notify me when 8030 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 4.6B SAR
Revenue growth (YoY) +24.8%
Net margin 1.3%
Return on equity 4.3%
Free cash flow −26.0M SAR FY2025
P/E ratio 47.2
More key figures
Operating margin 3.0%
EPS (TTM) 0.3700 SAR
EPS growth (YoY) +40.3%
Net cash 648M SAR FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 40/100

Of which business quality 44 · Market factors (momentum, volatility) 67

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 69
Calm price path (market factor)
Momentum 63
Price trend over the last 3–12 months (market factor)
52W Momentum 72
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

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.

Full company description

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.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

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.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
4.4B SAR
Latest YoY
+30.1%
Avg. growth/yr (3Y) 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.
+25.3%
Avg. growth/yr (5Y) 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.
+20.9%
Avg. growth/yr (18Y) 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.
+33.5%
Revenue +25.8%/yr
FY21 1.7B SAR
FY22 2.2B SAR
FY23 2.9B SAR
FY24 3.4B SAR
FY25 4.4B SAR
Net income
FY21 −141M SAR
FY22 −397M SAR
FY23 201M SAR
FY24 102M SAR
FY25 41.1M SAR
Character of growth · EPS growth decomposed (2014-2025) −9.5 % p.a.
Revenue per share −7.2 pp

of which total revenue +1.1 pp · buybacks/dilution −8.3 pp

EBIT margin −2.5 pp
Tax rate +0.0 pp
Residual (interest, one-offs) +0.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

8030 screens 84% overvalued. Compare with China Life Insurance Company →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

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

Peer Group

Insurance - Life · 96 stocks

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.

Quality Score 41 · Bottom 25%
Fair Value upside −84% · Bottom 25%
Return on equity (TTM) 4% · Bottom 25%
Return on assets 1% · Below median
Net margin (TTM) 1% · Bottom 25%
Operating margin (TTM) 3% · Bottom 25%
Revenue growth 25% · Above median
Dividend yield (TTM) 8.0% · Top 25%

Valuation Multiples vs Insurance - Life median · lower = cheaper

P/E (TTM) 47.2× · Pricier than 75% of peers
P/B 0.33× · Cheaper than 75% of peers
P/S (TTM) 0.12× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 26
FUTURE 100 · sector 44
PAST 17 · sector 43
HEALTH 0 · sector 85
DIVIDEND 100 · sector 56

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

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Insurance - Life stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
China Life Insurance Company 601628 ¥37.33 ¥49.98 +34%
Ping An Insurance (Group) Company 601318 ¥52.60 ¥84.72 +61%
Manulife Financial Corporation 0945 HK$343.40 HK$143.17 -58%
Life Insurance Corporation LICI ₹412.15 ₹392.93 -5%
China Pacific Insurance (Group) Co 601601 ¥30.48 ¥57.51 +89%
Samsung Life Insurance Co 032830 302,500 KRW 191,293 KRW -37%
Prudential plc PUKN 545.00 MXN 499.36 MXN -8%
New China Life Insurance Company 601336 ¥58.83 ¥99.92 +70%
SBI Life Insurance Company SBILIFE ₹1,830 ₹293.11 -84%
Cathay Financial Holding 2882B 59.00 TWD 107.71 TWD +83%

Compare The Mediterranean&Gulf Insurance Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is The Mediterranean&Gulf Insurance Co (8030) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 2.78 SAR versus a price of 17.47 SAR, about −84% (overvalued).
What is the fair value of 8030?
Our model-based fair value for The Mediterranean&Gulf Insurance Co is 2.78 SAR (as of Aug 13, 2026), built from audited fundamentals. The current price is 17.47 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 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 Aug 13, 2026).
What is the net profit margin of 8030?
The net profit margin of The Mediterranean&Gulf Insurance Co is about 1.3%, meaning it keeps roughly 1.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track The Mediterranean&Gulf Insurance Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.