9596.SR
Price:
$17.29
Market Cap:
$518.70M
Quara Finance Company provides financing solutions to customers through its digital platform in Saudi Arabia. It offers lease finance, consumer finance, and small and medium enterprise finance services. The company was formerly known as Maalem Financing Company and changed its name to Quara Finance Company on January 14, 2021. Quara Finance Company was incorporated in 2009 and is based in Riyadh, Saudi Arabia.
Industry
Financial - Credit Services
IPO Date
2024-03-07
Stock Exchange
SAU
Ticker
9596.SR
According to Quara Finance Co.’s latest financial reports and current stock price. The company's current ROE is 6.08%. This represents a change of 297.97% compared to the average of 1.53% of the last 4 quarters.
The mean historical ROE of Quara Finance Co. over the last ten years is 4.51%. The current 6.08% ROE has changed 34.62% with respect to the historical average. Over the past ten years (40 quarters), 9596.SR's ROE was at its highest in in the September 2023 quarter at 5.24%. The ROE was at its lowest in in the June 2022 quarter at 0%.
Average
4.51%
Median
7.96%
Minimum
-20.94%
Maximum
15.18%
Discovering the peaks and valleys of Quara Finance Co. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 111.01%
Maximum Annual ROE = 15.18%
Minimum Annual Increase = -747.47%
Minimum Annual ROE = -20.94%
| Year | ROE | Change |
|---|---|---|
| 2024 | 9.42% | -31.28% |
| 2023 | 13.70% | 111.01% |
| 2022 | 6.49% | -57.22% |
| 2021 | 15.18% | -172.47% |
| 2020 | -20.94% | -747.47% |
The current ROE of Quara Finance Co. (9596.SR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
9.87%
5-year avg
4.77%
10-year avg
4.51%
Quara Finance Co.’s ROE is less than Liva Insurance Company (6.13%), greater than Al-Etihad Cooperative Insurance Company (-11.54%), less than Arabia Insurance Cooperative Company (2.91%), less than Wataniya Insurance Company (8.99%), less than Malath Cooperative Insurance Company (7.34%), greater than Gulf Union Alahlia Cooperative Insurance Company (-8.58%), less than Morabaha Marina Financing Company (2.37%), less than Buruj Cooperative Insurance Company (1.07%), less than Saudi Arabian Cooperative Insurance Company (13.46%), greater than Al Sagr Cooperative Insurance Company (-5.06%),
| Company | ROE | Market cap |
|---|---|---|
| 6.13% | $461.20M | |
| -11.54% | $433.00M | |
| 2.91% | $523.11M | |
| 8.99% | $522.00M | |
| 7.34% | $512.50M | |
| -8.58% | $526.87M | |
| 2.37% | $712.14M | |
| 1.07% | $480.30M | |
| 13.46% | $364.80M | |
| -5.06% | $315.60M |
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