Al-Babtain closes at two-year high

19/11/2023 Argaam Exclusive

Al-Babtain Power and Telecommunication Co.’s stock ended 3% higher today, Nov. 19, at SAR 22.96, notching the highest close since January 2022, with nearly 620,000 shares traded.

 

Al-Babtain hit an intraday high of SAR 23.

Year High (SAR) Year Low (SAR)
23.00 13.56
Highest Since Debut (SAR) Lowest Since Debut (SAR)
66.11 11.67

Today's increase brought the stock’s year-to-date gains to 50%, and 60% since the start of the year.

Market Data :

Open 54.70
Low 54.45
High 55.30
Previous Close 54.65
Change (3M) 11.27 %
Change (6M) 32.21 %
Market Value 3,504.46
Avg. Volume (3M) 534,711.89
Avg. Turnover (3M) 29,653,842.74
Avg. Transaction (3M) 2,200.86
Change(12M) 27.44 %
YTD 40.51 %

Al-Babtain 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 (%)
2023 Split   639.47 50.00%
2011 Private Offering   426.31 5.26%
2009 Split   405.00 50.00%
2006 IPO   270.00 0.00%

Financial Performance :

Overview :

Founded in 1955 as a general partnership under the name of Al-Babtain Trading, Industry, and Contracting Company, Hamad, Ibrahim, and Mohammed Al-Babtain, the company subsequently established Al-Babtain Industry Company in 1986 as a limited liability company headquartered in Riyadh with capital of SAR 34.5 million to focus on its industrial operations. The company expanded its manufacturing operations to Egypt through establishing a factory in 1999. In 2003, it was transitioned into a closed joi...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 3,504.46
Shares Outstanding ((M)) 63.95
EPS ( Riyal) (TTM) 4.92
Book Value (BV) ( Riyal) (Latest announcement) 18.49
Recurring P/E 11.13
Price/book 2.96
Dividend Yield (%) (Last Year) 2.74
Return on Average Assets (%) (TTM) 11.07
Return on Average Equity (%) (TTM) 29.10
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 4,227.53
EV/adj EBITDA 9.70
EV/Revenues 1.52


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