GULF INSURANCE GROUP

Gulf Insurance Group K.S.C.

GINSStocksBoursa KuwaitInsurance

Financials

1-5

	CurrentMar 10, 2026	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025
Market & Price
Market Capitalization	298.52M	224.81M	236.20M	246.16M	289.98M
Market Cap Growth	+9.8%	-36.8%	-26.5%	-37.1%	-47.0%
Enterprise Value	292.74M	229.55M	207.14M	193.17M	231.93M
Last Close Price	1.05	0.79	0.83	0.87	1.02
Valuation Multiples
PE Ratio	10.66	8.03	10.95	16.55	15.60
PS Ratio	0.41	0.31	0.34	0.36	0.40
PB Ratio	0.72	0.54	0.58	0.63	0.75
P/TBV Ratio	1.15	0.86	0.93	1.04	1.24
P/FCF Ratio	—	-13.72	—	—	10.95
P/OCF Ratio	—	-16.25	—	—	9.92
EV/Sales Ratio	0.41	0.32	0.30	0.28	0.32
EV/EBITDA Ratio	4.87	3.63	3.77	4.02	4.17
EV/EBIT Ratio	5.71	4.41	4.71	5.20	5.14
EV/FCF Ratio	—	-14.01	—	—	8.75
Leverage & Capital
Debt / Equity Ratio	0.21	0.21	0.18	0.18	0.15
Debt / EBITDA Ratio	1.45	0.92	0.97	2.80	0.88
Debt / FCF Ratio	—	-5.32	—	—	2.13
Net Debt / Equity Ratio	-0.22	-0.22	-0.19	-0.28	-0.34
Net Debt / EBITDA Ratio	-1.52	-1.41	-1.43	-2.28	-2.36
Net Debt / FCF Ratio	5.69	5.44	-6.80	-2.07	-4.96
Efficiency & Liquidity
Asset Turnover	0.62	0.42	0.58	0.62	0.60
Quick Ratio	6.92	6.92	0.62	8.30	9.13
Current Ratio	11.32	11.32	1.06	12.83	14.80
Returns & Yields
Return on Equity (ROE)	+15.4%	+12.1%	+3.6%	+8.2%	+8.5%
Return on Assets (ROA)	+3.8%	+3.0%	+0.6%	+2.6%	+2.5%
Return on Invested Capital (ROIC)	+3.6%	+2.5%	+0.3%	+2.4%	+2.2%
Earnings Yield	+9.4%	+13.8%	+10.5%	+7.3%	+7.5%
FCF Yield	-5.2%	-7.3%	+4.9%	+21.5%	+9.1%
Dividend Yield	+2,300.0%	—	—	—	—
Payout Ratio	+29.3%	—	+3.1%	+45.8%	+122.0%
Buyback Yield / Dilution	0.0%	0.0%	0.0%	—	0.0%
Total Shareholder Return	+2,300.0%	—	0.0%	—	0.0%

1-5

	CurrentMar 10, 2026	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025
Market & Price
Market Capitalization	298.52M	224.81M	236.20M	246.16M	289.98M
Market Cap Growth	+9.8%	-36.8%	-26.5%	-37.1%	-47.0%
Enterprise Value	292.74M	229.55M	207.14M	193.17M	231.93M
Last Close Price	1.05	0.79	0.83	0.87	1.02
Valuation Multiples
PE Ratio	10.66	8.03	10.95	16.55	15.60
PS Ratio	0.41	0.31	0.34	0.36	0.40
PB Ratio	0.72	0.54	0.58	0.63	0.75
P/TBV Ratio	1.15	0.86	0.93	1.04	1.24
P/FCF Ratio	—	-13.72	—	—	10.95
P/OCF Ratio	—	-16.25	—	—	9.92
EV/Sales Ratio	0.41	0.32	0.30	0.28	0.32
EV/EBITDA Ratio	4.87	3.63	3.77	4.02	4.17
EV/EBIT Ratio	5.71	4.41	4.71	5.20	5.14
EV/FCF Ratio	—	-14.01	—	—	8.75
Leverage & Capital
Debt / Equity Ratio	0.21	0.21	0.18	0.18	0.15
Debt / EBITDA Ratio	1.45	0.92	0.97	2.80	0.88
Debt / FCF Ratio	—	-5.32	—	—	2.13
Net Debt / Equity Ratio	-0.22	-0.22	-0.19	-0.28	-0.34
Net Debt / EBITDA Ratio	-1.52	-1.41	-1.43	-2.28	-2.36
Net Debt / FCF Ratio	5.69	5.44	-6.80	-2.07	-4.96
Efficiency & Liquidity
Asset Turnover	0.62	0.42	0.58	0.62	0.60
Quick Ratio	6.92	6.92	0.62	8.30	9.13
Current Ratio	11.32	11.32	1.06	12.83	14.80
Returns & Yields
Return on Equity (ROE)	+15.4%	+12.1%	+3.6%	+8.2%	+8.5%
Return on Assets (ROA)	+3.8%	+3.0%	+0.6%	+2.6%	+2.5%
Return on Invested Capital (ROIC)	+3.6%	+2.5%	+0.3%	+2.4%	+2.2%
Earnings Yield	+9.4%	+13.8%	+10.5%	+7.3%	+7.5%
FCF Yield	-5.2%	-7.3%	+4.9%	+21.5%	+9.1%
Dividend Yield	+2,300.0%	—	—	—	—
Payout Ratio	+29.3%	—	+3.1%	+45.8%	+122.0%
Buyback Yield / Dilution	0.0%	0.0%	0.0%	—	0.0%
Total Shareholder Return	+2,300.0%	—	0.0%	—	0.0%