Arabian Mills closes at lowest level since debut

03/06/2025 Argaam Exclusive

Shares of Arabian Mills for Food Products Co. (Arabian Mills) shed less than 1% today, June 3, reaching SAR 41.30, the lowest close since listing on the Main Market (TASI).

 

The stock recorded its lowest price today at SAR 41.05.
Year High (SAR) Year Low (SAR)
72.60 41.05
Highest Since Debut (SAR) Lowest Since Debut (SAR)
72.60 41.05

Compared to the listing price of SAR 66, the stock has lost approximately 37%.

Market Data :

Open 41.30
Low 41.30
High 41.60
Previous Close 41.30
Change (3M) (14.65 %)
Change (6M) (18.28 %)
Market Value 2,122.08
Avg. Volume (3M) 137,462.06
Avg. Turnover (3M) 6,273,787.08
Avg. Transaction (3M) 771.23
Change(12M) n/a
YTD (15.70 %)

Arabian Mills’ shares were listed on the Main Market in Oct. 2024, with no amendments on the company’s capital.

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2024 IPO   513.15 0.00%

Financial Performance :

Overview :

The company was founded in Riyadh in 2016 as a single-person closed joint-stock company with capital of SAR 50,000 under the name “Second Milling Company.” This establishment was part of the final stage of the privatization of the Saudi milling industry. The company began operations in 2017 as a group of wheat mills under the General Food Security Authority (GFSA), established in 1972. GFSA established the company's plants in Riyadh, Hail, and Jazan during the period from 1977 to...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 2,122.08
Shares Outstanding ((M)) 51.32
EPS ( Riyal) (TTM) 4.33
Book Value (BV) ( Riyal) (Latest announcement) 21.42
Adjusted P/E (Last12) 9.55
Price/book 1.93
Dividend Yield (%) (Last Year) 1.43
Return on Average Assets (%) (TTM) 9.37
Return on Average Equity (%) (TTM) 22.47
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M) 2,800.78


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