FIPCO hits highest level since February 2022
Shares of Filing and Packing Materials Manufacturing Co. (FIPCO) hit today, Oct. 10, their highest level since February 2022, after reaching SAR 56.90.
| Year High (SAR) | Year Low (SAR) |
| 56.90 | 32.50 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 256.94 | 8.73 |
The stock closed at SAR 53.40, up 1%, the highest close since April 2022, with nearly 2.5 million shares traded.
Accordingly, the stock gained almost 53% year-to-date and 17% over the last three months.
Market Data :
| Open | 37.52 |
| Low | 36.60 |
| High | 37.52 |
| Previous Close | 37.30 |
| Change (3M) | 17.82 % |
| Change (6M) | 21.62 % |
| Market Value | 425.73 |
| Avg. Volume (3M) | 66,032.57 |
| Avg. Turnover (3M) | 2,254,640.54 |
| Avg. Transaction (3M) | 458.66 |
| Change(12M) | 3.52 % |
| YTD | 21.54 % |
FIPCO has amended its capital several times since its listing on the Saudi Exchange (Tadawul) as follows:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2026 | Private Offering | 227.72 | 98.02% |
| 2022 | Right Issue Cancelled | 230.00 | 100.00% |
| 2015 | Bonus Shares Cancelled | 161.00 | 40.00% |
| 2009 | Bonus Shares | 115.00 | 67.27% |
Financial Performance :
Overview :
The company was established in 1991 in Riyadh as a public Saudi joint-stock company with capital of SAR 68.75 million. In 1998, the company's shares began trading on the Main Market (TASI).
Activities and Business Segment
The company manufactures woven and lined polypropylene bags, plastic tarpaulins, and plastic cable fillers. It operates through two key business segments, with the packaging products segment being the largest contributor to revenue, followed by the technical textiles ...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 425.73 |
| Shares Outstanding ((M)) | 11.50 |
| Recurring EPS ( Riyal) (TTM) | 0.17 |
| Book Value (BV) ( Riyal) (Latest announcement) | 11.49 |
| Recurring P/E (TTM) | More than 100 |
| Price/book | 3.22 |
| Dividend Yield (%) (Last Year) | - |
| Return on Average Assets (%) (TTM) | 0.66 |
| Return on Average Equity (%) (TTM) | 1.50 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 491.93 |
| EV/adj EBITDA | 42.83 |
| EV/ EBITDA | - |
| EV/Revenues | 1.78 |
Calendar :
-
16 November
General Assembly
- -
06 June
General Assembly
- -
25 November
General Assembly
- -
08 May
General Assembly
- -
18 June
General Assembly
-
Call Request
Comments Analysis: