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The Company for Coop. Insurance (8010) Fair Value & Analysis

Financial Services · SA · Market cap 18.4B SAR (≈ $4.9B) · ISIN SA000A0DPSH3

What is The Company for Coop. Insurance really worth?

TC The Company for Coop. Insurance 8010 · SR
Price90.67 SAR
Fair Value70.83 SAR
Upside−21.9%
Quality61/100

A solid business, but trading 28% above our fair value of 70.83 SAR.

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Strengths

generates free cash flow
Ranks above peers (8/13)

Risks

!Expensive Growth (revenue 5y +24.6 %/yr)
!Thin margins · 5.6% net margin
!Moderate moat 49/100
!Weak on valuation: 4 out of 100

For context

·2.21% dividend yield
Evidence: High Range 53.12 SAR – 88.53 SAR

Fair value as of: Aug 29, 2026

From 6 valuation models · updated 6 days ago

Share price −26.0% over the past month.

What runs behind every stock

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

What matters now

  • The price sits above even our optimistic bull case (88.53 SAR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (5 years)

164.67 SAR 43.55 SAR Fair Value 70.83 SAR May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 29, 2026.

How to read this chart

60‑month range 43.55 SAR – 164.67 SAR · fair‑value band 53.12 SAR – 88.53 SAR · the 90.67 SAR price screens above the 70.83 SAR fair value. Dashed = 300-day average. As of Aug 29, 2026.

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Analysis

The Company for Coop. Insurance (8010) currently trades at 90.67 SAR, while our model-based Fair Value estimate is 70.83 SAR, implying the stock looks roughly 28.0% overvalued today. The Quality Score stands at 61/100 (solid quality), in the Financial Services sector. Bull case: the Economic Profit group reads highest at a median of 67.52 SAR per share, and 1 of the 6 models we run sit above the 90.67 SAR price. Bear case: the Asset-Based group reads lowest at 23.96 SAR, and 5 of the 6 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, The Company for Coop. Insurance generated revenue of 20.1B SAR at a net margin of 5.6%. Revenue grew 12.2% year over year. It earns a return on equity of 21.8%. The balance sheet holds a net cash position of 1.6B SAR. Fundamentals as of Aug 29, 2026

Our scenario range runs from 53.12 SAR (bear case) to 88.53 SAR (bull case); at 90.67 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 43% below its 52-week high, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at −29% fair-value upside, at −22%, 8010 screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly 3.74 SAR per share, which is 5.3 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
Gordon GGM 13.88 SAR 28.86 SAR 45.79 SAR 66
DDM Multi-Stage 13.88 SAR 24.34 SAR 30.29 SAR 66
Residual Income 49.52 SAR 67.52 SAR 331.86 SAR 64
All 6 models by family
Dividend Discount
Gordon GGM 13.88 SAR 28.86 SAR 45.79 SAR 66
DDM Multi-Stage 13.88 SAR 24.34 SAR 30.29 SAR 66
Multiples
P/E Multiple 71.80 SAR 95.73 SAR 119.66 SAR 63
P/B Multiple 37.55 SAR 50.07 SAR 62.59 SAR 55
Asset-Based
NCAV (Graham) 17.88 SAR 23.96 SAR 35.76 SAR 51
Economic Profit
Residual Income 49.52 SAR 67.52 SAR 331.86 SAR 64

Widest divergence: Economic Profit (67.52 SAR) versus Asset-Based (23.96 SAR). Highest evidence: Gordon GGM (66).

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Key figures & financial health

P/E ratio 12.0
P/S ratio 0.60 P/E × margin
EPS (TTM) 7.53 SAR price ÷ EPS = P/E 12.0
Dividend yield 2.2% payout 26.6%
Net margin 5.0% FY2025
Return on equity 21.8% TTM
More key figures
Profitability
Return on assets (EBIT) 3.9% avg 5y
Operating margin 6.3% TTM
Growth
Revenue (TTM) 20.1B SAR TTM
Revenue growth (YoY) +12.2% 3y avg +30.4%
EPS growth (YoY) +10.3%
Balance sheet & cash flow
Free cash flow 48.9M SAR FY2025
Net cash 1.6B SAR FY2025

Figures from reported company fundamentals · as of Aug 29, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 57 · Market factors (momentum, volatility) 26

Profitability 64
Margins and returns on capital today
Quality Growth 76
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 64
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 90
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

The Company for Cooperative Insurance operates as an insurance company in the Kingdom of Saudi Arabia. The company operates through Medical, Medical Umrah, Motor, Property and Casualty, General Accidents, Travel and COVID-19, Protection and Savings, and Inherent Insurance Defects segments.

Full company description

The Company for Cooperative Insurance operates as an insurance company in the Kingdom of Saudi Arabia. The company operates through Medical, Medical Umrah, Motor, Property and Casualty, General Accidents, Travel and COVID-19, Protection and Savings, and Inherent Insurance Defects segments. It offers mobility insurance, such as motor, SME motor, cross border own damage, mechanical breakdown, and luxury car insurance; and health, including My Family, a medical insurance program, SME health, Umrah insurance, visit visa insurance, domestic worker, parent's insurance, Takaful, Balsam, and premium residency. The company also provides general insurance comprising property, home, engineering, aviation, energy, general accident, Hajj, travel, inherent defects, sports, and credit, as well as marine cargo and hull, medical malpractice, SME general, domestic worker contract, income protection, Tawuniya Dare, and civil liability. In addition, it offers life insurance, retirement insurance, and education program for children; coverage of compulsory travel insurance in addition to some coverages related to COVID-19 for citizens travelling abroad; protection and savings; roadside assistance, claim services, chronic disease management, request for eligibility letter, home children vaccination, and wellness and health services programs. The company was formerly known as National Company for Cooperative Insurance and changed its name to The Company for Cooperative Insurance in 2004. The Company for Cooperative Insurance was incorporated in 1986 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 Company for Coop. Insurance reported revenue of 22.2B SAR in FY2025 versus 8.4B SAR in FY2021, a compound +27.6%/yr. Reported net income was 1.1B SAR in FY2025, compounding +39.8%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
22.2B SAR
Latest YoY
+33.6%
Avg. revenue 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.
+30.4%
Avg. revenue 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.
+24.6%
Avg. revenue growth/yr (19Y) 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.
+12.6%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+27.2% (25.0 + 2.2)
Revenue +27.6%/yr
FY21 8.4B SAR
FY22 10.0B SAR
FY23 13.9B SAR
FY24 16.6B SAR
FY25 22.2B SAR
Net income +39.8%/yr
FY21 289M SAR
FY22 302M SAR
FY23 616M SAR
FY24 1.0B SAR
FY25 1.1B SAR
Character of growth · EPS growth decomposed (2014-2025) +1.7 % p.a.
Revenue per share +10.2 %

of which total revenue +12.5 % · buybacks/dilution −2.0 %

EBIT margin −6.9 %
Tax rate −0.5 %
Residual (interest, one-offs) −0.4 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

8010 screens 28% overvalued. Compare with China Life Insurance Company →

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Cite: Fair Value Calculator (2026). "The Company for Coop. Insurance Fair Value". https://www.fairvalue-calculator.com/stock/8010

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 61 · Top 25%
Fair Value upside −22% · Below median
Return on equity (TTM) 22% · Top 25%
Return on assets 4% · Top 25%
Net margin (TTM) 6% · Below median
Operating margin (TTM) 6% · Bottom 25%
Revenue growth 12% · Above median
Dividend yield (TTM) 2.2% · Below median

Valuation Multiples vs Insurance - Life median · lower = cheaper

P/E (TTM) 12.0× · Cheaper than median
P/B 0.91× · Cheaper than median
P/S (TTM) 0.24× · Cheaper than 75% of peers
P/FCF 100.2× · Pricier than 75% of peers
EV/EBITDA 2.2× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE4 · sector 18
FUTURE61 · sector 43
PAST87 · sector 43
HEALTH0 · sector 84
DIVIDEND44 · sector 54

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 (as of Aug 29, 2026).

Stock Price Fair Value vs Fair Value
China Life Insurance Company 601628 ¥37.03 ¥49.98 +35%
Ping An Insurance (Group) Company 601318 ¥55.82 ¥84.72 +52%
AIA Group 1299 HK$73.00 HK$33.57 −54%
Manulife Financial Corporation MFC C$59.80 C$38.80 −35%
Aflac Incorporated AFL $116.52 $74.34 −36%
Great-West Lifeco Inc GWO C$90.25 C$39.53 −56%
MetLife, Inc MET $96.51 $68.27 −29%
Life Insurance Corporation LICI ₹412.15 ₹392.93 −5%
China Pacific Insurance (Group) Co 601601 ¥30.20 ¥57.51 +90%
Samsung Life Insurance Co 032830 301,000 KRW 191,293 KRW −36%

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Frequently asked questions

Is The Company for Coop. Insurance (8010) overvalued or undervalued?
As of Aug 29, 2026, our model estimates a fair value of 70.83 SAR versus a price of 90.67 SAR, about −22% upside (overvalued).
What is the fair value of 8010?
Our model-based fair value for The Company for Coop. Insurance is 70.83 SAR (as of Aug 29, 2026), built from audited fundamentals. The current price: 90.67 SAR.
What is the quality score of 8010?
The Company for Coop. Insurance has a Quality Score of 61/100. 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 Company for Coop. Insurance (8010)?
The Company for Coop. Insurance reported trailing-twelve-month revenue of about 20.1B SAR (latest available figure, as of Aug 29, 2026).
What is the net profit margin of 8010?
The net profit margin of The Company for Coop. Insurance is about 5.6%, meaning it keeps roughly 5.6% of revenue as net income. Based on the latest reported figures.
Does The Company for Coop. Insurance pay a dividend?
The Company for Coop. Insurance currently shows a dividend yield of about 2.21% relative to its recent price (as of Aug 29, 2026).
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