Mobily rises to highest level since 2014

18/08/2025 Argaam Exclusive

Shares of Etihad Etisalat Co. (Mobily) rose today, Aug. 18, to SAR 65.35, recording its highest price since 2014.

 

The stock, however, closed 1% down at SAR 64.70.

Year High (SAR) Year Low (SAR)
65.35 48.80
Highest Since Debut (SAR) Lowest Since Debut (SAR)
119.00 12.94

With today's increase, the stock's year-to-date gains surpassed 20%.

Market Data :

Open 66.85
Low 66.80
High 68.70
Previous Close 66.95
Change (3M) 11.16 %
Change (6M) 7.88 %
Market Value 52,167.50
Avg. Volume (3M) 1,011,646.80
Avg. Turnover (3M) 65,430,101.45
Avg. Transaction (3M) 3,584.51
Change(12M) 28.56 %
YTD 26.87 %

The company adjusted its capital multiple times since listing in the Main Market (TASI), as shown below:

Adjustments to the capital (M Riyal) :

Date Type Capital (M Riyal) Change (%)
2013 Split   7,700.00 10.00%
2008 Right Issue   7,000.00 40.00%
2004 IPO   5,000.00 0.00%

Financial Performance :

Overview :

Established in 2004 and commencing operations in 2005, the company holds the second license for wireless mobile telecommunications services within the Kingdom. Demonstrating a commitment to technological advancement, the organization launched 3.5G network services in 2006, followed by the introduction of 4G services in 2011 and the deployment of 5G network services in 2019. The company operates a mobile wireless network and fiber optic networks, including their extensions. Its activities also i...


Financial Ratios :

Financial Ratio Current
Market Cap (M Riyal) 52,167.55
Shares Outstanding ((M)) 770.00
EPS ( Riyal) (TTM) 4.54
Book Value (BV) ( Riyal) (Latest announcement) 25.05
Recurring P/E 15.58
Price/book 2.71
Dividend Yield (%) (Last Year) 3.25
Return on Average Assets (%) (TTM) 8.97
Return on Average Equity (%) (TTM) 18.79
Par Value ( Riyal) 10.00
Enterprise Value (EV) (M Riyal) 54,971.34
EV/adj EBITDA 7.36
EV/Revenues 2.87


Analyst Estimates :

67.75

Fair Average Price

10

Number of Recommendations

Rating Research firm Current Price Target Price Change
Overweight SNB Capital 62.65 73.10 16.68 %
Neutral United Securities Company 62.00 59.00 (4.84 %)
Buy Goldman Sachs 59.80 65.90 10.20 %
Buy Hermes 59.30 65.00 9.61 %
Buy FAB Securities 55.20 66.50 20.47 %
Overweight AlJazira Capital 55.20 67.90 23.01 %
Buy Arqaam Capital 56.25 66.00 17.33 %
Buy Bank of America 60.00 70.80 18.00 %
Buy Jefferies 58.50 74.00 26.50 %
Overweight Al Rajhi Capital 57.90 69.30 19.69 %

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