Islamic Arab Insurance Co. (Salama) PJSC (DFM:SALAMA)

DFM:SALAMA Statistics

Total Valuation

DFM:SALAMA has a market cap or net worth of AED 401.40 million. The enterprise value is 280.67 million.

Market Cap	401.40M
Enterprise Value	280.67M

Important Dates

The next estimated earnings date is Thursday, August 14, 2025.

Earnings Date	Aug 14, 2025
Ex-Dividend Date	n/a

Share Statistics

DFM:SALAMA has 922.76 million shares outstanding. The number of shares has increased by 3.98% in one year.

Current Share Class	922.76M
Shares Outstanding	922.76M
Shares Change (YoY)	+3.98%
Shares Change (QoQ)	+0.76%
Owned by Insiders (%)	13.85%
Owned by Institutions (%)	0.11%
Float	561.58M

Valuation Ratios

The trailing PE ratio is 50.28.

PE Ratio	50.28
Forward PE	n/a
PS Ratio	0.37
PB Ratio	1.14
P/TBV Ratio	1.74
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.34, with an EV/FCF ratio of -2.42.

EV / Earnings	35.16
EV / Sales	0.26
EV / EBITDA	6.34
EV / EBIT	7.26
EV / FCF	-2.42

Financial Position

The company has a current ratio of 1.53, with a Debt / Equity ratio of 0.01.

Current Ratio	1.53
Quick Ratio	0.35
Debt / Equity	0.01
Debt / EBITDA	0.12
Debt / FCF	-0.05
Interest Coverage	1.94

Financial Efficiency

Return on equity (ROE) is 2.49% and return on invested capital (ROIC) is 4.84%.

Return on Equity (ROE)	2.49%
Return on Assets (ROA)	0.70%
Return on Invested Capital (ROIC)	4.84%
Return on Capital Employed (ROCE)	1.48%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.31
Inventory Turnover	n/a

Taxes

In the past 12 months, DFM:SALAMA has paid 9.63 million in taxes.

Income Tax	9.63M
Effective Tax Rate	43.91%

Stock Price Statistics

The stock price has increased by +21.05% in the last 52 weeks. The beta is 0.32, so DFM:SALAMA's price volatility has been lower than the market average.

Beta (5Y)	0.32
52-Week Price Change	+21.05%
50-Day Moving Average	0.41
200-Day Moving Average	0.40
Relative Strength Index (RSI)	55.77
Average Volume (20 Days)	10,981,327

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, DFM:SALAMA had revenue of AED 1.09 billion and earned 7.98 million in profits. Earnings per share was 0.01.

Revenue	1.09B
Gross Profit	256.08M
Operating Income	38.64M
Pretax Income	21.93M
Net Income	7.98M
EBITDA	42.03M
EBIT	38.64M
Earnings Per Share (EPS)	0.01

Balance Sheet

The company has 185.64 million in cash and 5.24 million in debt, giving a net cash position of 174.56 million or 0.19 per share.

Cash & Cash Equivalents	185.64M
Total Debt	5.24M
Net Cash	174.56M
Net Cash Per Share	0.19
Equity (Book Value)	351.84M
Book Value Per Share	0.32
Working Capital	325.75M

Cash Flow

In the last 12 months, operating cash flow was -113.95 million and capital expenditures -2.21 million, giving a free cash flow of -116.16 million.

Operating Cash Flow	-113.95M
Capital Expenditures	-2.21M
Free Cash Flow	-116.16M
FCF Per Share	-0.13

Margins

Gross margin is 23.60%, with operating and profit margins of 3.56% and 0.74%.

Gross Margin	23.60%
Operating Margin	3.56%
Pretax Margin	2.02%
Profit Margin	0.74%
EBITDA Margin	3.87%
EBIT Margin	3.56%
FCF Margin	n/a

Dividends & Yields

DFM:SALAMA does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-3.98%
Shareholder Yield	-3.98%
Earnings Yield	1.99%
FCF Yield	-28.94%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on March 27, 2023. It was a reverse split with a ratio of 0.7765241227.

Last Split Date	Mar 27, 2023
Split Type	Reverse
Split Ratio	0.7765241227

Scores

Altman Z-Score	n/a
Piotroski F-Score	2