-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
SABIC closes at lowest since May 2020
25/11/2024
Argaam Exclusive
AI Summary
Content Summary:
AI Summary
Content Summary: 
Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original
sources for complete details and to verify the accuracy of the information.
Shares of Saudi Basic Industries Corp. (SABIC) closed today, Nov. 25, at their lowest level since May 2020 at SAR 69.
The stock finished 1% lower after 3.68 million shares were traded.
| Year High (SAR) | Year Low (SAR) |
| 89.00 | 69.00 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 252.27 | 7.42 |
The company has changed its capital several times since listing, as shown in the table below:
Market Data :
| Open | 55.35 |
| Low | 55.10 |
| High | 56.45 |
| Previous Close | 55.35 |
| Change (3M) | (4.94 %) |
| Change (6M) | 2.01 % |
| Market Value | 167,550.00 |
| Avg. Volume (3M) | 1,430,523.39 |
| Avg. Turnover (3M) | 77,566,859.05 |
| Avg. Transaction (3M) | 5,721.36 |
| Change(12M) | (16.77 %) |
| YTD | 8.87 % |
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2008 | Split | 30,000.00 | 20.00% |
| 2006 | Split | 25,000.00 | 25.00% |
| 2005 | Split | 20,000.00 | 33.33% |
| 2001 | Split | 15,000.00 | 12.50% |
| 2000 | Split | 13,333.00 | 33.33% |
| 1990 | Split | 10,000.00 | 33.33% |
| 1989 | Split | 7,500.00 | 50.00% |
Financial Performance :
Overview :
Established in 1976 as a closed joint-stock company with an initial capital of SAR 5 billion, Saudi Basic Industries Corporation (SABIC) commenced its industrial operations through its subsidiaries in 1983. Subsequently, in 1984, it was transitioned to a public joint-stock company. By 2005, SABIC achieved significant growth, solidifying its position as the eleventh largest company globally. In 2012, the company established SABIC Academy to foster professional development.
In 2020, marking a sig...
Follow us on
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) | 167,550.17 |
| Shares Outstanding ((M)) | 3,000.00 |
| EPS ( ) (TTM) | (2.25 ) |
| Book Value (BV) ( Riyal) (Latest announcement) | 49.80 |
| Recurring P/E | More than 100 |
| Price/book | 1.12 |
| Dividend Yield (%) (Last Year) | 6.09 |
| Return on Average Assets (%) (TTM) | (2.47 ) |
| Return on Average Equity (%) (TTM) | (4.28 ) |
| Par Value ( Riyal) | 10.00 |
| Enterprise Value (EV) (M Riyal) | 193,445.67 |
| EV/adj EBITDA | 11.28 |
| EV/Revenues | 1.39 |
Calendar :
-
11 February
Ex-dividend Date
- -
04 March
Cash Dividend Distribution
- -
09 April
General Assembly
- -
04 May
Conferences
- -
03 August
Conferences
- -
19 August
Ex-dividend Date
-
Analyst Estimates :
79.54
Fair Average Price
8
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Hold | HSBC | 69.00 | 70.00 | 1.45 % | |
| Buy | FAB Securities | 70.00 | 90.00 | 28.57 % | |
| Hold | HSBC | 69.70 | 70.00 | 0.43 % | |
| Neutral | Riyad Capital | 72.50 | 80.00 | 10.34 % | |
| Hold | U-Capital | 72.80 | - | ||
| Neutral | JP Morgan | 72.40 | 69.00 | (4.70 %) | |
| Overweight | Morgan Stanley International | 74.10 | 90.50 | 22.13 % | |
| Overweight | SNB Capital | 75.50 | 87.30 | 15.63 % |
Call Request
Comments Analysis: