Bahri hits highest price since 2006
Shares of National Shipping Company of Saudi Arabia (Bahri) rose today, Aug. 13, to SAR 30.40, recording their highest price since 2006.
The stock finished 1% higher at SAR 29.75 as roughly 1.4 million shares changed hands.
| Year High (SAR) | Year Low (SAR) |
| 24.32 | 17.09 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 45.69 | 1.40 |
Following today’s gain, the stock added more than 30% year to date.
Market Data :
| Open | 35.44 |
| Low | 34.96 |
| High | 35.52 |
| Previous Close | 35.52 |
| Change (3M) | 9.13 % |
| Change (6M) | 6.94 % |
| Market Value | 32,428.95 |
| Avg. Volume (3M) | 2,028,888.20 |
| Avg. Turnover (3M) | 68,768,006.34 |
| Avg. Transaction (3M) | 4,652.14 |
| Change(12M) | 27.78 % |
| YTD | 21.26 % |
The company made several capital adjustments since its listing on Saudi Exchange (Tadawul), as shown in the table below:
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2025 | Bonus Shares | 9,228.52 | 25.00% |
| 2023 | Bonus Shares | 7,382.81 | 50.00% |
| 2022 | Bonus Shares | 4,921.88 | 25.00% |
| 2014 | Private Offering | 3,937.50 | 25.00% |
| 2007 | Right Issue | 3,150.00 | 40.00% |
| 2006 | Bonus Shares | 2,250.00 | 12.50% |
Financial Performance :
Overview :
The company was established as a Saudi joint-stock company in Riyadh with capital of SAR 500,000 in 1978 and commenced commercial operations upon foundation. It merged with Vela International Marine Ltd. in 2014.
Activities and Business Segment
The company operates in shipping and logistics services by owning a fleet of VLCCs and tankers designated for transporting oil, petrochemicals, and general cargo. It conducts its business through several key business segments, with the oil transport...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 32,428.98 |
| Shares Outstanding ((M)) | 922.85 |
| Recurring EPS ( Riyal) (TTM) | 6.85 |
| Book Value (BV) ( Riyal) (Latest announcement) | 20.60 |
| Recurring P/E (TTM) | 5.13 |
| Price/book | 1.71 |
| Dividend Yield (%) (Last Year) | 2.85 |
| Return on Average Assets (%) (TTM) | 19.78 |
| Return on Average Equity (%) (TTM) | 38.98 |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 39,817.12 |
| EV/adj EBITDA | 4.79 |
| EV/ EBITDA | 4.50 |
| EV/Revenues | 2.34 |
Calendar :
-
29 June
Ex-dividend Date
- -
29 June
Eligibility for bonus shares
- -
29 June
General Assembly
- -
17 July
Cash Dividend Distribution
- -
14 January
General Assembly
- -
10 June
Ex-dividend Date
-
Call Request
Comments Analysis: