Maharah closes at highest level in 4 years
Shares of Tadawul-listed Maharah Human Resources Co. rose 5% today, Dec. 28, to close at over four-year high – or since October 2019, at SAR 78.20 apiece. Nearly 750,000 changed hands.
| Year High (SAR) | Year Low (SAR) |
| 7.94 | 3.98 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 8.61 | 3.79 |
The stock hit an intraday high of SAR 79.40.
Today’s surge brought the stock’s year-to-date gains to more than 80%, and 20% since the beginning of the month.
Market Data :
| Open | 5.54 |
| Low | 5.49 |
| High | 5.62 |
| Previous Close | 5.54 |
| Change (3M) | 17.87 % |
| Change (6M) | (3.48 %) |
| Market Value | 2,631.50 |
| Avg. Volume (3M) | 2,845,051.70 |
| Avg. Turnover (3M) | 14,653,982.91 |
| Avg. Transaction (3M) | 5,250.17 |
| Change(12M) | (24.32 %) |
| YTD | (10.06 %) |
Maharah adjusted its capital through a bonus issue last June, as shown in the table below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2023 | Split | 475.00 | 26.67% |
| 2019 | IPO | 375.00 | 0.00% |
Financial Performance :
Overview :
Maharah Human Resources Company was established with the ministerial decree, dated 02/04/1434AH (corresponding to 02/13/2013).
MHRC is one of the leading providers of ‘Manpower Services’ in the Human Resources Sector. The Company is licensed by the Ministry of Human Resources and Social Development to source and recruit high-quality ‘manpower’ for both corporate and household customers. Maharah also aims to strengthen its international relations.
The company...
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 2,631.50 |
| Shares Outstanding ((M)) | 475.00 |
| EPS ( ) (TTM) | 0.17 |
| Book Value (BV) ( Riyal) (Latest announcement) | 1.36 |
| Recurring P/E | 35.72 |
| Price/book | 4.09 |
| Dividend Yield (%) (Last Year) | 2.71 |
| Return on Average Assets (%) (TTM) | 4.13 |
| Return on Average Equity (%) (TTM) | 12.26 |
| Par Value ( Riyal) | 1.00 |
| Enterprise Value (EV) (M Riyal) | 3,147.26 |
| EV/adj EBITDA | 18.75 |
| EV/Revenues | 1.19 |
Calendar :
-
01 February
General Assembly
- -
02 April
Ex-dividend Date
- -
22 April
Cash Dividend Distribution
- -
16 May
General Assembly
- -
15 August
Ex-dividend Date
- -
25 August
Cash Dividend Distribution
-
Analyst Estimates :
9
Fair Average Price
1
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Overweight | CI Capital | 6.18 | 9.00 | 45.63 % |
Call Request
Comments Analysis: