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Allied Cooperative Insurance Group (SAU:8150) Market Cap : ﷼568.6 Mil (As of May. 28, 2024)


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What is Allied Cooperative Insurance Group Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Allied Cooperative Insurance Group's share price for the quarter that ended in Mar. 2024 was ﷼18.5. Allied Cooperative Insurance Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 29.1 Mil. Therefore, Allied Cooperative Insurance Group's market cap for the quarter that ended in Mar. 2024 was ﷼538.4 Mil.

Allied Cooperative Insurance Group's quarterly market cap increased from Sep. 2023 (﷼391.1 Mil) to Dec. 2023 (﷼399.8 Mil) and increased from Dec. 2023 (﷼399.8 Mil) to Mar. 2024 (﷼538.4 Mil).

Allied Cooperative Insurance Group's annual market cap declined from Dec. 2021 (﷼530.4 Mil) to Dec. 2022 (﷼314.3 Mil) but then increased from Dec. 2022 (﷼314.3 Mil) to Dec. 2023 (﷼399.8 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Allied Cooperative Insurance Group's Enterprise Value for Today is ﷼490.3 Mil.


Allied Cooperative Insurance Group Market Cap Historical Data

The historical data trend for Allied Cooperative Insurance Group's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Allied Cooperative Insurance Group Market Cap Chart

Allied Cooperative Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 376.00 885.48 530.44 314.28 399.83

Allied Cooperative Insurance Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 323.59 454.54 391.10 399.83 538.35

Competitive Comparison of Allied Cooperative Insurance Group's Market Cap

For the Insurance - Diversified subindustry, Allied Cooperative Insurance Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Allied Cooperative Insurance Group's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Allied Cooperative Insurance Group's Market Cap distribution charts can be found below:

* The bar in red indicates where Allied Cooperative Insurance Group's Market Cap falls into.



Allied Cooperative Insurance Group Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Allied Cooperative Insurance Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=﷼13.74*29.1
=﷼399.8

Allied Cooperative Insurance Group's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=﷼18.5*29.1
=﷼538.4

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Allied Cooperative Insurance Group  (SAU:8150) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Allied Cooperative Insurance Group Market Cap Related Terms

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Allied Cooperative Insurance Group (SAU:8150) Business Description

Traded in Other Exchanges
N/A
Address
Prince Turki bin Abdulaziz Al-Awal Road, P.O. Box 40523, Unit No. 2171, Hittin District, Riyadh, SAU, 11511
Allied Cooperative Insurance Group is a Saudi Arabia based insurance company. The activities of the Company are to transact cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. The operating segment of the company are Medical Insurance, Motor Insurance and General Accident Insurance segments. Medical segment provides compensation to policy holders for expenses incurred in treatment of a disease, illness or injury. Motor provides coverage against losses and liability related to motor vehicles. Other includes property, marine, aviation, accident and liability categories. It earns a vast majority of revenues from the motor insurance segment.

Allied Cooperative Insurance Group (SAU:8150) Headlines

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