Retal hits highest price since debut
Retal Urban Development Co.’s shares hit today, April 3, their highest level since listing at SAR 18.24 per share.
The TASI-listed stock finished 2% higher at SAR 17.80, with a traded volume of roughly 1.5 million shares.
| Year High (SAR) | Year Low (SAR) |
| 18.24 | 8.76 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 18.24 | 7.85 |
The company saw a 10-for-one stock split in 2023.
Retal had also increased its capital by 25% through a bonus issue, as follows:
Market Data :
| Open | 8.77 |
| Low | 8.46 |
| High | 8.79 |
| Previous Close | 8.77 |
| Change (3M) | (26.88 %) |
| Change (6M) | (38.56 %) |
| Market Value | 4,270.00 |
| Avg. Volume (3M) | 1,235,191.80 |
| Avg. Turnover (3M) | 12,009,709.43 |
| Avg. Transaction (3M) | 1,921.29 |
| Change(12M) | (28.60 %) |
| YTD | (27.13 %) |
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2026 | Private Offering | 555.00 | 11.00% |
| 2023 | Bonus Shares | 500.00 | 25.00% |
| 2023 | Reduction | 400.00 | 0.00% |
Financial Performance :
Overview :
The company commenced operations in 1999 as a branch of Building Construction Co. Ltd. In 2012, it was established in Al Khobar as a limited liability company under the name Retal Urban Development Co. with capital of SAR 500,000. It converted into a single-person limited liability company in 2016, reverted to a limited liability company the following year, transitioned into a closed joint-stock company in 2020, and eventually became a public joint-stock company in 2022.
Activities and Busine...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 4,270.00 |
| Shares Outstanding ((M)) | 500.00 |
| Recurring EPS ( Riyal) (TTM) | 0.40 |
| Book Value (BV) ( Riyal) (Latest announcement) | 2.12 |
| Recurring P/E (TTM) | 21.23 |
| Price/book | 4.03 |
| Dividend Yield (%) (Last Year) | 1.29 |
| Return on Average Assets (%) (TTM) | 3.69 |
| Return on Average Equity (%) (TTM) | 20.43 |
| Par Value ( Riyal) | 1.00 |
| Enterprise Value (EV) (M Riyal) | 5,141.14 |
| EV/adj EBITDA | 12.44 |
| EV/ EBITDA | 12.74 |
| EV/Revenues | 1.99 |
Calendar :
-
04 May
Ex-dividend Date
- -
15 May
Cash Dividend Distribution
- -
22 May
General Assembly
- -
31 July
General Assembly
- -
29 September
Ex-dividend Date
- -
09 October
Cash Dividend Distribution
-
Analyst Estimates :
17
Fair Average Price
1
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Buy | YAQEEN | 15.10 | 17.00 | 12.58 % |
Call Request
Comments Analysis: