SABIC closes at lowest price since 2009

25/05/2025 Argaam Exclusive

Shares of Saudi Basic Industries Corp. (SABIC) fell 2% today, May 25, to end at SAR 57.50, recording the lowest close since 2009.

 

The stock hit an intraday low of SAR 57.30.

Year High (SAR) Year Low (SAR)
83.40 57.30
Highest Since Debut (SAR) Lowest Since Debut (SAR)
252.27 7.42

The company has implemented some capital adjustments since its TASI debut, as follows:

Market Data :

Open 58.80
Low 57.30
High 58.90
Previous Close 58.80
Change (3M) (12.08 %)
Change (6M) (16.67 %)
Market Value 172,500.00
Avg. Volume (3M) 1,747,025.37
Avg. Turnover (3M) 107,647,024.12
Avg. Transaction (3M) 8,366.76
Change(12M) (25.13 %)
YTD (14.18 %)

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...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 172,500.00
Shares Outstanding ((M)) 3,000.00
EPS ( Riyal) (TTM) 0.03
Book Value (BV) ( Riyal) (Latest announcement) 52.04
Adjusted P/E (Last12) 78.95
Price/book 1.10
Dividend Yield (%) (Last Year) 5.91
Return on Average Assets (%) (TTM) 0.03
Return on Average Equity (%) (TTM) 0.05
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 200,487.22


Analyst Estimates :

66.77

Fair Average Price

14

Number of Recommendations

Rating Research firm Current Price Target Price Change
Neutral Citi Bank Group 58.80 60.00 2.04 %
Underweight AlphaMena 58.50 53.70 (8.21 %)
Hold HSBC 60.50 58.00 (4.13 %)
Neutral SNB Capital 58.70 64.50 9.88 %
Buy FAB Securities 58.00 75.00 29.31 %
Buy Goldman Sachs 59.20 70.00 18.24 %
Hold Arqaam Capital 60.00 70.00 16.67 %
Neutral JP Morgan 60.10 57.00 (5.16 %)
Under Review U-Capital 59.60 -
Buy Hermes 59.60 78.00 30.87 %
Neutral Morgan Stanley International 61.70 67.00 8.59 %
Neutral Bank of America 60.60 58.00 (4.29 %)
Buy FAB Securities 63.50 90.00 41.73 %
Under Review U-Capital 64.00 -

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