ALETIHAD

Al-Etihad Cooperative Insurance Co.

8170StocksTadawulInsurance

Financials

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	310.00M	398.00M	870.00M	828.00M	680.40M
Market Cap Growth	-58.7%	-54.3%	+5.1%	+21.7%	-14.4%
Enterprise Value	256.25M	344.25M	756.24M	763.76M	378.95M
Last Close Price	6.20	7.96	16.65	15.38	12.64
Valuation Multiples
PE Ratio	—	—	17.71	8.82	53.57
PS Ratio	0.25	0.32	0.64	0.71	0.66
PB Ratio	0.54	0.69	1.22	1.23	1.27
P/TBV Ratio	0.55	0.71	1.23	1.24	1.28
P/FCF Ratio	—	—	—	3.05	7.61
P/OCF Ratio	—	—	—	2.95	7.61
EV/Sales Ratio	0.20	0.27	0.56	0.65	0.37
EV/EBITDA Ratio	—	—	12.31	7.11	10.85
EV/EBIT Ratio	—	—	13.19	7.33	12.05
EV/FCF Ratio	—	—	—	2.82	4.24
Leverage & Capital
Debt / Equity Ratio	0.01	0.01	0.01	0.01	0.01
Debt / EBITDA Ratio	—	—	0.10	0.05	0.20
Debt / FCF Ratio	—	—	—	0.02	0.08
Net Debt / Equity Ratio	-0.09	-0.09	-0.14	-0.11	-0.34
Net Debt / EBITDA Ratio	0.24	0.24	-1.62	-0.67	-5.23
Net Debt / FCF Ratio	0.23	0.23	0.29	-0.26	-2.04
Efficiency & Liquidity
Asset Turnover	—	—	0.79	0.69	0.65
Quick Ratio	—	—	0.83	0.53	0.74
Current Ratio	—	—	1.27	0.81	1.05
Returns & Yields
Return on Equity (ROE)	-38.0%	-38.0%	+7.1%	+15.5%	+2.3%
Return on Assets (ROA)	—	—	+2.1%	+3.8%	+1.3%
Return on Invested Capital (ROIC)	-40.1%	-35.9%	+7.1%	+15.4%	+2.3%
Earnings Yield	-78.9%	-61.4%	+5.6%	+11.3%	+1.9%
FCF Yield	—	-59.4%	-39.6%	+32.8%	+13.1%
Dividend Yield	+9.7%	—	+3.6%	+3.5%	—
Payout Ratio	—	—	+55.0%	—	—
Buyback Yield / Dilution	+0.3%	+0.3%	-0.4%	+0.9%	-0.8%
Total Shareholder Return	+10.0%	+0.3%	+3.2%	+4.4%	-0.8%

1-5

	CurrentMar 10, 2026	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022
Market & Price
Market Capitalization	310.00M	398.00M	870.00M	828.00M	680.40M
Market Cap Growth	-58.7%	-54.3%	+5.1%	+21.7%	-14.4%
Enterprise Value	256.25M	344.25M	756.24M	763.76M	378.95M
Last Close Price	6.20	7.96	16.65	15.38	12.64
Valuation Multiples
PE Ratio	—	—	17.71	8.82	53.57
PS Ratio	0.25	0.32	0.64	0.71	0.66
PB Ratio	0.54	0.69	1.22	1.23	1.27
P/TBV Ratio	0.55	0.71	1.23	1.24	1.28
P/FCF Ratio	—	—	—	3.05	7.61
P/OCF Ratio	—	—	—	2.95	7.61
EV/Sales Ratio	0.20	0.27	0.56	0.65	0.37
EV/EBITDA Ratio	—	—	12.31	7.11	10.85
EV/EBIT Ratio	—	—	13.19	7.33	12.05
EV/FCF Ratio	—	—	—	2.82	4.24
Leverage & Capital
Debt / Equity Ratio	0.01	0.01	0.01	0.01	0.01
Debt / EBITDA Ratio	—	—	0.10	0.05	0.20
Debt / FCF Ratio	—	—	—	0.02	0.08
Net Debt / Equity Ratio	-0.09	-0.09	-0.14	-0.11	-0.34
Net Debt / EBITDA Ratio	0.24	0.24	-1.62	-0.67	-5.23
Net Debt / FCF Ratio	0.23	0.23	0.29	-0.26	-2.04
Efficiency & Liquidity
Asset Turnover	—	—	0.79	0.69	0.65
Quick Ratio	—	—	0.83	0.53	0.74
Current Ratio	—	—	1.27	0.81	1.05
Returns & Yields
Return on Equity (ROE)	-38.0%	-38.0%	+7.1%	+15.5%	+2.3%
Return on Assets (ROA)	—	—	+2.1%	+3.8%	+1.3%
Return on Invested Capital (ROIC)	-40.1%	-35.9%	+7.1%	+15.4%	+2.3%
Earnings Yield	-78.9%	-61.4%	+5.6%	+11.3%	+1.9%
FCF Yield	—	-59.4%	-39.6%	+32.8%	+13.1%
Dividend Yield	+9.7%	—	+3.6%	+3.5%	—
Payout Ratio	—	—	+55.0%	—	—
Buyback Yield / Dilution	+0.3%	+0.3%	-0.4%	+0.9%	-0.8%
Total Shareholder Return	+10.0%	+0.3%	+3.2%	+4.4%	-0.8%