SABIC AN notches lowest close since July 2022

11/03/2024 Argaam Exclusive

SABIC Agri-Nutrients Co.’s stock fell by more than 2% today, March 11, to SAR 122.20 per share, the lowest close since July 2022.

Year High (SAR) Year Low (SAR)
148.20 122.20
Highest Since Debut (SAR) Lowest Since Debut (SAR)
202.40 6.09

Nearly one million shares were traded, totaling SAR 120.3 million.

Market Data :

Open 124.20
Low 121.50
High 124.20
Previous Close 124.00
Change (3M) 2.34 %
Change (6M) 24.21 %
Market Value 58,362.50
Avg. Volume (3M) 576,950.64
Avg. Turnover (3M) 69,180,659.53
Avg. Transaction (3M) 3,307.34
Change(12M) 6.06 %
YTD 10.45 %

The company amended its capital several times, as shown in the table below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2020 Private Offering   4,760.35 14.25%
2015 Split   4,166.67 25.00%
2012 Split   3,333.33 33.33%
2008 Split   2,500.00 25.00%
2001 Split   2,000.00 33.33%
1998 Split   1,500.00 50.00%
1996 Split   1,000.00 100.00%
1993 Right Issue   500.00 66.67%
1993 Split   300.00 50.00%
1986 Split   200.00 100.00%

Financial Performance :

Overview :

The company was established in 1965 as a closed Saudi joint-stock company under the name of Saudi Arabian Fertilizer Company (SAFCO) in Dammam with an initial capital of SAR 100 million under Commercial Registration No. 2050001841, marking the inception of the Kingdom's petrochemical industry as a joint venture between the Saudi Arabian government and its citizens. In 1990, the company was transformed into a public joint-stock company. Subsequently, in 1991, its headquarters were relocated t...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 58,362.56
Shares Outstanding ((M)) 476.04
EPS ( Riyal) (TTM) 9.01
Book Value (BV) ( Riyal) (Latest announcement) 41.39
Recurring P/E 13.57
Price/book 2.96
Dividend Yield (%) (Last Year) 4.89
Return on Average Assets (%) (TTM) 16.93
Return on Average Equity (%) (TTM) 22.38
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 47,609.47
EV/adj EBITDA -
EV/Revenues 3.69


Analyst Estimates :

132.2

Fair Average Price

5

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Riyad Capital 125.20 135.00 7.83 %
Neutral SNB Capital 127.00 121.00 (4.72 %)
Neutral Al Rajhi Capital 130.40 131.00 0.46 %
Neutral Sico 137.80 134.00 (2.76 %)
Hold Arqaam Capital 137.60 140.00 1.74 %

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