Mobily closes at 9-year high
Etihad Etisalat Co. (Mobily) jumped 2% to SAR 50 today, Jan. 1, closing at its highest level in nine years, after nearly 2.2 million shares were traded.
The stock hit an intraday high of SAR 52.70.
| Year High (SAR) | Year Low (SAR) |
| 52.70 | 33.05 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 119.00 | 12.94 |
Since early 2023, Mobily has raised its gains to 40%.
Market Data :
| Open | 63.00 |
| Low | 62.55 |
| High | 63.10 |
| Previous Close | 62.95 |
| Change (3M) | (3.77 %) |
| Change (6M) | (5.08 %) |
| Market Value | 48,163.50 |
| Avg. Volume (3M) | 928,156.81 |
| Avg. Turnover (3M) | 60,351,202.81 |
| Avg. Transaction (3M) | 3,389.74 |
| Change(12M) | 12.50 % |
| YTD | (5.23 %) |
The company changed its capital several times since listing on the Saudi market in 2004.
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2013 | Bonus Shares | 7,700.00 | 10.00% |
| 2008 | Right Issue | 7,000.00 | 40.00% |
| 2004 | IPO | 5,000.00 | 0.00% |
Financial Performance :
Overview :
Established in 2004 and commencing operations in 2005, the company holds the second license for wireless mobile telecommunications services within the Kingdom. Demonstrating a commitment to technological advancement, the organization launched 3.5G network services in 2006, followed by the introduction of 4G services in 2011 and the deployment of 5G network services in 2019.
The company operates a mobile wireless network and fiber optic networks, including their extensions. Its activities also i...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 48,163.55 |
| Shares Outstanding ((M)) | 770.00 |
| Recurring EPS ( Riyal) (TTM) | 4.58 |
| Book Value (BV) ( Riyal) (Latest announcement) | 25.93 |
| Recurring P/E (TTM) | 13.65 |
| Price/book | 2.41 |
| Dividend Yield (%) (Last Year) | 4.48 |
| Return on Average Assets (%) (TTM) | 8.61 |
| Return on Average Equity (%) (TTM) | 18.55 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 50,536.28 |
| EV/adj EBITDA | 6.50 |
| EV/Revenues | 2.54 |
Calendar :
-
27 June
Ex-dividend Date
- -
27 June
General Assembly
- -
15 July
Cash Dividend Distribution
- -
19 September
Ex-dividend Date
- -
06 October
Cash Dividend Distribution
- -
28 November
General Assembly
-
Analyst Estimates :
49.92
Fair Average Price
6
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Hold | YAQEEN | 50.20 | 53.50 | 6.57 % | |
| Neutral | Al Rajhi Capital | 44.80 | 53.00 | 18.30 % | |
| Overweight | AlJazira Capital | 42.00 | 50.00 | 19.05 % | |
| Aggregate | U-Capital | 45.50 | 49.00 | 7.69 % | |
| Neutral | Riyad Capital | 45.50 | 45.00 | (1.10 %) | |
| Aggregate | FAB Securities | 44.05 | 49.00 | 11.24 % |
Call Request
Comments Analysis: