8230.SR
Fallen FavouriteAl Rajhi Company for Cooperative Insurance · Financial Services · Saudi Arabia · $2.5B cap · $3.0M/day traded
SAR 46.92 +0.9% · close 5 Nov · scored 7 Nov
Fallen Favourite: A good business, still expensive, and its momentum is weak.
As of 7 Nov 2026, the MoatMap Score for Al Rajhi Company for Cooperative Insurance (8230.SR) is 40/100, ranked against 25,000+ stocks in 38 markets (Quality 63, Value 30, Momentum 40, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT AL RAJHI COMPANY FOR COOPERATIVE INSURANCE
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Al Rajhi Company for Cooperative Insurance provides various insurance products and services to individuals and businesses in the Kingdom of Saudi Arabia. The company operates in four segments: Medical, Motor, Property and Casualty, and Protection and Savings.
FINANCIAL SUMMARY (SAR)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.5B | 3.8B | 5.2B | 4.5B | 22.1% | 5.8B | 6.0B | — | 30.9% |
| EPS (SAR) | 0.36 | 1.64 | 1.66 | 2.28 | 84.9% | 2.37 | 2.55 | 2.79 | 10.7% |
| Shares | 200.0M | 200.0M | 200.0M | 200.0M | 0.0% | 200.0M | — | — | — |
| Debt | 49.2M | 41.5M | 38.8M | 31.3M | -14.0% | 35.5M | — | — | — |
| Equity | 1.3B | 1.7B | 2.1B | 2.5B | 24.1% | — | — | — | — |
| Op CF | 470.7M | 1.0B | -454.7M | -385.0M | 114.9% | -544.2M | — | — | — |
| Inv CF | -363.4M | -654.7M | 248.5M | 296.9M | — | — | — | — | — |
| Fin CF | -7.9M | -10.6M | -8.9M | -45.1M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 53% of stocks we rank over the past year (volatility 41% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of 8230.SR are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 8230.SR | Al Rajhi Company for Cooperative Insurance(you) | $2.5B | 40 |
| 8070.SR | Arabian Shield Cooperative Insurance Company | $232M | 46 |
| 8020.SR | Malath Cooperative Insurance Company | $117M | 35 |
| 8160.SR | Arabia Insurance Cooperative Company | $93M | 20 |
| 8180.SR | Al Sagr Cooperative Insurance Company | $73M | 18 |
| 8010.SR | The Company for Cooperative Insurance | $5.3B | 40 |
| 8200.SR | Saudi Reinsurance Company | $1.1B | 44 |
| 8210.SR | Bupa Arabia for Cooperative Insurance Company | $5.8B | 33 |
| 8313.SR | Rasan Information Technology Company | $2.8B | 62 |
| 4084.SR | Derayah Financial Company | $1.3B | 56 |
Peer medians: ROE 7.5% · P/E 13.6x · Gross margin 12.1%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.