Nayifat closes at lifetime low
Nayifat Finance Co.'s stock settled more than 1% lower at SAR 14.32 per share today, Sept. 26, marking the lowest close since its debut on the Saudi Exchange (Tadawul).
| Year High (SAR) | Year Low (SAR) |
| 20.67 | 14.22 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 30.50 | 14.22 |
About 316,500 shares were traded today for a total of SAR 4.53 million, through 1,124 transactions.
Accordingly, the stock has declined 14% in three months and 24% in 12 months.
Market Data :
| Open | 9.95 |
| Low | 9.72 |
| High | 9.95 |
| Previous Close | 10.00 |
| Change (3M) | (20.07 %) |
| Change (6M) | (26.89 %) |
| Market Value | 1,180.80 |
| Avg. Volume (3M) | 138,983.10 |
| Avg. Turnover (3M) | 1,562,662.45 |
| Avg. Transaction (3M) | 499.75 |
| Change(12M) | (30.41 %) |
| YTD | (19.08 %) |
The company amended its capital once through a 20% bonus share distribution in 2023.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2023 | Split | 1,200.00 | 20.00% |
| 2021 | IPO | 1,000.00 | 0.00% |
Overview :
The company was established in 2002 as a limited liability company in Riyadh with capital of SAR 10 million under the name Nayifat Instalments Company. Following its conversion to a closed joint-stock company in 2010, the entity adopted its current name, Nayifat Finance Co., in 2014. During that same year, it became the first non-banking financial institution to be licensed by the Saudi Central Bank (SAMA). The company subsequently expanded its service offerings by obtaining a VISA license for c...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 1,254.00 |
| Shares Outstanding ((M)) | 120.00 |
| EPS ( ) (TTM) | (1.05 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 10.33 |
| Recurring P/E | (9.35 ) |
| Price/book | 1.01 |
| Dividend Yield (%) (Last Year) | 5.08 |
| Return on Average Assets (%) (TTM) | (5.98 ) |
| Return on Average Equity (%) (TTM) | (9.40 ) |
| Par Value ( Riyal) | 10.00 |
Calendar :
-
10 June
General Assembly
- -
31 December
Ex-dividend Date
- -
13 January
Cash Dividend Distribution
- -
10 March
General Assembly
- -
30 June
General Assembly
- -
10 July
Ex-dividend Date
-
Analyst Estimates :
11
Fair Average Price
1
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Underweight | HSBC | 17.02 | 11.00 | (35.37 %) |
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