EN DE

The Company (8010) Fair Value & Analysis

Financial Services · SA · Market cap 18.4B SAR

TC The Company 8010 · SR
Price122.60 SAR
Fair Value70.83 SAR
Upside-42.2%
Quality61/100
Watch The Company for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 5.6% net margin
generates free cash flow
1.47% dividend yield
Mixed vs. peers (7/13)
Moderate moat 49/100
Evidence: High Range 53.12 SAR – 88.53 SAR Share as image

Fair value as of: Aug 13, 2026

From 6 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from 95.73 SAR to 70.83 SAR (−26.0%) since Jul 31, 2026. Share price −16.7% over the past month.

A solid business, but screening 42% overvalued on our models.

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.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

164.67 SAR 43.55 SAR Fair Value 70.83 SAR Apr 2021 Jul 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 43.55 SAR – 164.67 SAR · fair‑value band 53.12 SAR – 88.53 SAR · the 122.60 SAR price screens above the 70.83 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 Company (8010) currently trades at 122.60 SAR, while our model-based Fair Value estimate is 70.83 SAR, implying the stock looks roughly 42.2% overvalued today. The Quality Score stands at 61/100 (solid 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 Company 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 13, 2026

Our scenario range runs from 53.12 SAR (bear case) to 88.53 SAR (bull case); at 122.60 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 23% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 34% fair-value upside, at -42%, 8010 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 49.52 SAR 67.52 SAR 331.86 SAR 76
Gordon GGM 13.88 SAR 28.86 SAR 45.79 SAR 70
P/E Multiple 71.80 SAR 95.73 SAR 119.66 SAR 63
All 6 models by family
Dividend Discount
Gordon GGM 13.88 SAR 28.86 SAR 45.79 SAR 70
DDM Multi-Stage 13.88 SAR 24.34 SAR 30.29 SAR 61
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 50
Economic Profit
Residual Income 49.52 SAR 67.52 SAR 331.86 SAR 76

Widest divergence: Economic Profit (67.52 SAR) versus Asset-Based (23.96 SAR). Highest evidence: Residual Income (76).

Notify me when 8010 reaches fair value

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

Key figures & financial health

Revenue (TTM) 20.1B SAR
Revenue growth (YoY) +12.2%
Net margin 5.6%
Return on equity 21.8%
Free cash flow 48.9M SAR FY2025
P/E ratio 16.3
More key figures
Operating margin 6.3%
EPS (TTM) 7.53 SAR
Dividend yield 1.5%
EPS growth (YoY) +10.3%
Net cash 1.6B SAR FY2025

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 57 · Market factors (momentum, volatility) 48

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 82
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 26
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.

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 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. 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. 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. 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%
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 pp

of which total revenue +12.5 pp · buybacks/dilution −2.3 pp

EBIT margin −6.9 pp
Tax rate −0.5 pp
Residual (interest, one-offs) −1.1 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).

8010 screens 42% 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 Company 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 −42% · 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) 1.5% · Below median

Valuation Multiples vs Insurance - Life median · lower = cheaper

P/E (TTM) 16.3× · Pricier 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

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 61 · sector 44
PAST 87 · sector 43
HEALTH 0 · sector 85
DIVIDEND 29 · sector 55

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%
Samsung Life Insurance Co 032830 302,500 KRW 191,293 KRW -37%
China Pacific Insurance (Group) Co 601601 ¥30.48 ¥57.51 +89%
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 Company 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 High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is The Company (8010) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 70.83 SAR versus a price of 122.60 SAR, about −42% (overvalued).
What is the fair value of 8010?
Our model-based fair value for The Company is 70.83 SAR (as of Aug 13, 2026), built from audited fundamentals. The current price is 122.60 SAR.
What is the quality score of 8010?
The Company 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 (8010)?
The Company reported trailing-twelve-month revenue of about 20.1B SAR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 8010?
The net profit margin of The Company is about 5.6%, meaning it keeps roughly 5.6% of revenue as net income. Based on the latest reported figures.
Does The Company pay a dividend?
The Company currently shows a dividend yield of about 1.47% relative to its recent price (as of Aug 13, 2026).

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 Company 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.