Sukoon Takaful PJSC engages in the insurance and reinsurance business in the United Arab Emirates. The company offers property insurance products, such property all risk, householder’s cover, engineering, and business interruption; engineering insurance products, including contractors all risks, electronic equipment, erection all risks, and machinery breakdown; and cargo, and private pleasure boats and yachts marine insurance products. It also provides liability insurance products comprising public, products, and employer’s liability, as well as workmen’s compensation; personal accident, fidelity guarantee, jeweller’s block, money, and professional indemnity; motor insurance products, such as comprehensive and third-party cover; group and individual medical insurances; and group family insurance products. The company was formerly known as Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance and changed its name to Sukoon Takaful PJSC in June 2024. The company was incorporated in 1978 and is headquartered in Dubai, the United Arab Emirates. Sukoon Takaful PJSC is a subsidiary of Sukoon Insurance PJSC.
Metrics to compare | SUKOONT | Peers Peers - average of corresponding metrics from companies closely matching SUKOONT: SALAMA, AFNIC, FIDELITYUNITED, IH, ABNIC | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipSUKOONTPeersSector |
---|---|---|---|---|
P/E Ratio | 8.5x | 7.5x | 9.5x | |
PEG Ratio | 0.06 | 0.01 | 0.03 | |
Price/Book | 1.0x | 1.4x | 1.0x | |
Price / LTM Sales | 1.6x | 1.0x | 2.8x | |
Upside (Analyst Target) | - | 21.1% | 13.3% | |
Fair Value Upside | Unlock | 5.3% | 1.6% | Unlock |