Sukoon Takaful PJSC engages in the Islamic general insurance and reinsurance business in the United Arab Emirates. The company offers property insurance products, including property all risk, business interruption, and householder’s cover; engineering insurance products, such as contractors all risks, erection all risks, machinery breakdown, and electronic equipment; and marine insurance comprising cargo, and private pleasure boats and yachts. It also provides liability insurance products, which includes public and products liability, workmen’s compensation, and employer’s liability; general accident products consisting of personal accident, money, professional indemnity, fidelity guarantee, and jeweller’s block; motor insurance products comprising comprehensive and third-party cover; medical insurance products, such as group and individual medical; and group life 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: ABNIC, FIDELITYUNITED, AFNIC, IH, RAKNIC | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipSUKOONTPeersSector |
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P/E Ratio | −7.1x | 8.6x | 8.8x | |
PEG Ratio | −0.27 | 0.04 | 0.03 | |
Price/Book | 1.3x | 1.2x | 1.0x | |
Price / LTM Sales | 1.8x | 0.8x | 2.8x | |
Upside (Analyst Target) | - | 43.9% | 10.5% | |
Fair Value Upside | Unlock | 1.5% | 2.9% | Unlock |